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#4640094 - 03/03/11 08:36 AM $5 The Cotton Planters Loan Association... What is this?
Coincurious7 Offline
Collector is an understatement.


Registered: 08/20/10
Posts: 121
My father and I were looking through some of his stuff the other day. One of the things he showed me was a 1862 $5 The Cotton Planters Loan Association Note. He told me he was working on a house many years back and found it stuck underneath of a chair. He asked me if I could tell him what it was. I have no clue. I searched on ebay and found a match. Here is the link. http://Support-the-Collectors-Society.com/1862-5-Cotton-Planters-Loan-Association-Replica-/250606891460?pt=LH_DefaultDomain_0&hash=item3a5955b1c4 But I still am not sure what it is. If anyone could give me a little lesson on this item I would appreciate it. Just Curious.

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#4640136 - 03/03/11 09:10 AM Re: $5 The Cotton Planters Loan Association... What is this? [Re: Coincurious7]
JStull Offline
Talkative?


Registered: 01/01/11
Posts: 605
Back during the 1800s, printing of currency was not a centralized system done exclusively by the federal government.

Banks, and other entities would print bank notes bearing their name and would pay the sum of the face value of the note.

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#4641664 - 03/03/11 09:31 PM Re: $5 The Cotton Planters Loan Association... What is this? [Re: JStull]
michael Offline
TOTAL NEWBIE


Registered: 01/28/02
Posts: 11519
Loc: western ny state
here ya go

http://www.money.org/AM/Template.cfm?Sec...&ContentID=4999


http://www.tomchao.com/replicas2.html


http://Support-the-Collectors-Society.com/Replicas-of-Obsolete-Notes_W0QQugidZ10000000001463892
_________________________
Posts are based on experience and are opinion only. Experiences and opinions of others may differ. Stay thirsty my friends.

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#4642274 - 03/04/11 08:01 AM Re: $5 The Cotton Planters Loan Association... What is this? [Re: michael]
Coincurious7 Offline
Collector is an understatement.


Registered: 08/20/10
Posts: 121
Thanks alot for the information.

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#4644217 - 03/05/11 12:15 AM Re: $5 The Cotton Planters Loan Association... What is this? [Re: Coincurious7]
michael Offline
TOTAL NEWBIE


Registered: 01/28/02
Posts: 11519
Loc: western ny state
oh and i forgot welcome to the boards

\(thumbs u
_________________________
Posts are based on experience and are opinion only. Experiences and opinions of others may differ. Stay thirsty my friends.

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