Numismatic Dictionary

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There are 2 names in this directory containing the search term Obsolete Banknotes. Clear results.
Broken Banknotes
Synonym for Obsolete Banknotes.

Obsolete Banknotes
Banknotes issued by banks under permission of the Department of the Treasury that were supposed to be backed by the assets of the issuing bank. The National Bank Act of 1863 made these banknotes obsolete.

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