Product Details

❕True Rarity❕ GEM UNCIRCULATED Banknote (Scrip) 1856 10C 💰 This item is a 1856 10-Cent Obsolete Banknote (Scrip) from The Store at Indiana Iron Works, located in Indiana County, Pennsylvania. Historical Overview Type of Currency: This note represents 19th-century company scrip. Industrial businesses issued these promissory notes to pay workers instead of using federal currency. Redemption: As printed at the bottom, the scrip was redeemable "on demand, in Dry Goods & Groceries" specifically at the iron works' company-owned retail store. Market Value Gem Uncirculated 65 EPQ Commands a strong collector premium. Certified examples of similar obsolete fractional currency in this grade bracket regularly evaluate between $150 to $275+ depending on auction demand and overall paper centering.