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3 Dollars

Issuer Treasury of Liberia
Year 1862-1864
Type Standard circulation banknote
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Obverse lettering REPUBLIC OF LIBERIA ON DEMAND AT THE TREASURY DEPARTMENT THE TREASURER OF THE REPUBLIC OF LIBERIA WILL PAY TO BEARER IN GOLD OR SILVER COIN THREE DOLLARS
Reverse description The reverse is entirely unprinted, presenting the plain paper stock with no design elements, vignettes, or inscriptions, its surface exhibiting the natural texture and age-toning characteristic of mid-nineteenth-century note paper.
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Comments

Liberia's early paper currency occupies an awkward corner of 19th-century monetary history. The republic had been issuing notes since the 1850s, but chronic shortages of hard currency and the near-total dependence on American merchant credit made these instruments deeply unpopular. Local traders, many of them Americo-Liberian settlers with firsthand experience of inflated antebellum U.S. paper, were instinctively skeptical of government-backed notes.

The 1862–1864 dating range coincides with the period when Liberia's own treasury was operating under severe fiscal strain, partly a consequence of reduced American philanthropic support during the U.S. Civil War. Surviving examples are genuinely rare — the series saw limited acceptance and likely low print runs.

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