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10 Dollars Silver Certificate of Deposit
| Issuer | Republic of Hawaii, Department of Finance |
|---|---|
| Year | 1895 |
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| Composition | Log in to see details |
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| Reference(s) | P#12 |
| Obverse description | The obverse is printed in dark olive-green ink and carries the bold central inscription REPUBLIC OF HAWAII flanked by three intaglio vignettes: a sailing ship at left, a dynamic scene of a Native Hawaiian figure on horseback herding cattle at centre, and a steam locomotive at right, all set within ornate guilloche borders. The denomination numeral 10 appears in large figures at each upper corner, with the serial number printed twice in the lower margin alongside the titles REGISTRAR OF PUBLIC ACCTS and MINISTER OF FINANCE. The top border carries the legend SILVER CERTIFICATE OF DEPOSIT within a decorative letterpress band. |
|---|---|
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| Reverse lettering | HAWAIIAN TREASURY REPUBLIC OF HAWAII MDCCCXCIV UA MAU KE EA O KA AINA I KA PONO CERTIFICATE OF DEPOSIT |
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| Comments |
Hawaii's Silver Certificates of Deposit were issued against silver bullion held by the Republic's Treasury — a mechanism that distinguished them from the concurrent gold certificates and tied them directly to the government's metal reserves rather than to banking circulation. The Republic of Hawaii existed for only five years, from 1894 until annexation in 1898, and this note was printed and issued within that narrow window. Very few denominations in the series appear with any frequency today.
The American Bank Note Company held the Hawaiian government printing contract across multiple successive regimes — Kingdom, Provisional Government, Republic — which gives the series an unusual continuity of production quality despite the political discontinuity behind each issue.