United States (Texas Treasury Department) 9.6.1837 Cancelled 50 Dollar Note
Front: Male figure with flag at upper left, female personification at centre
Back: Blank
Serials: 1868
These notes "were necessary in order to avoid the absolute dissolution of the Government."
The Texas treasury issued notes in June 1837 as a means to address financial challenges and fund the young Republic of Texas.
At that time, Texas had recently gained its independence from Mexico in 1836 and faced significant economic uncertainties.
One key reason for issuing these notes was to raise funds for the government. The act of June 12, 1837, authorized the issuance of $500,000 worth of promissory notes, marking the beginning of the republic's use of paper currency. The treasury was nearly empty, and the nation's credit was not strong, making it essential to generate financial resources through these notes issuance [5]].
Additionally, the Republic of Texas had to deal with various economic challenges, including a shortage of specie (gold and silver coins) and limited access to international credit markets. Issuing notes provided a means to facilitate trade and economic activities within the region.
The Texan Government cut-cancelled some notes once they were redeemed to ensure they weren't fraudulently redeemed again.
SKU: 212971
Standard Shipping - $9.00
Signature is required on delivery
Express Shipping - $15.00
Signature is required on delivery
Free pick-up from store - $0.00
You're welcome to collect your order from our office (Shop 22; 27-35 William Street; Fremantle; 6160) during normal office hours. Please make sure to check we're open before you head on in!
| SKU | 212971 |
| Shipping Weight | 0.0200kg |
| Shipping Width | 0.215m |
| Shipping Height | 0.001m |
| Shipping Length | 0.140m |
We unconditionally guarantee the authenticity, title and grade of every item we sell. The tax invoices we supply ensure that you have these guarantees in writing.
Please review our Website Terms and Conditions for a complete explanation of the guarantees we provide.
All items ship within 24 hours of confirmed payment being received.
Please review our Website Terms and Conditions for a complete explanation of our availability guarantee.
All orders are delivered via trackable and insured mail at a flat rate of $9 for orders within Australia, and $25 internationally.
Australia Post Parcel Post within Australia can take up to 1 week to arrive, while EMS / ECI international mail can take up to 3 weeks.
Urgent orders can be sent via Australia Post Express Mail at special request.
Please review our Website Terms and Conditions for a complete explanation of our delivery guarantee.
Be The First To Review This Product!
Help other Sterling and Currency users shop smarter by writing reviews for products you have purchased.
Others Also Bought
More From This Category
I've taken my coins to Andrew a few times. Him and his staff are very nice people. Andrew is honest and down to earth. 👍
I have purchased several bulk lots of world coins from Sterling & Currency over the last few years. Read more...
I live on East Coast but prefer dealing with Andrew on the West due to his integrity, knowledge and prices, Read more...
Just purchased a 1966 blue case decimal mint set. Andrew gave me a ring to ensure it had arrived and provided Read more...
.jpg)
The team at Sterling & Currency is a family affair – small but growing. Andrew Crellin is the main dealer in the business, click here to read this credentials and how he started with the Perth Mint; spent a decade in Sydney working with two leading dealers and relocated back to Perth in 2006.
Jo is our budding Numismatist, Chief Event officer, Photographer and Packing Extraordinaire. Natalie is our media creator and photographer. Nicole manages the accounts and is part of the Packing Team. A myriad of important duties are carried out by the team that include photography, website updates, office admin, and chocolate eating.
Ruby the Ridgeback quite frankly has learned nothing about coins, however contributes by barking at anyone wearing hi-viz.