Bank of Pennsylvania (First State Bank) - 1857

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Beautiful certificate from the Bank of Pennsylvania issued in 1857. This historic document was printed by Hufty & Danforth Company and has an ornate border around it with a vignette of William Penn and the Pennsylvania State Shield. This item has the signatures of the Company's President and Cashier and is over 151 years old. Folds, minor toning. Fine.
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Certificate Vignette
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Certificate Vignette
The Bank of Pennsylvania was created in 1780 to raise money for the Continental Army. The Bank had a special relationship with the Commonwealth of Pennsylvania in providing a method to control currency and credit. It was the precursor to the Federal Government's First Bank of the United States (1791-1811). The Bank continued to operate until the world-wide financial panic of 1857 -1858. The bank building then served as a federal prison during the Civil War and was demolished in 1867.