Farmers And Exchange Bank


The Farmers And Exchange Bank of Charleston, South Carolina had some interesting notes. Both, the $5 and the $10 notes from this bank, depict scenes of slavery in the antebellum South and have a rarity of 2.

The bank itself was chartered on December 16, 1852 (Source: Sheheen), but probably didn't begin operating until 1853 as that is the date listed in Haxby. Denominations ranged from $5 - $100. Unlike many banks which failed due to bankruptcy from the Civil War, this particular bank was destroyed by Union troops (Source: Haxby).

$5 Farmers And Exchange Bank, Charleston, SC (1854)
Image Contribution: Handini 

$10 Farmers And Exchange Bank, Charleston, SC (1853)
Image Contribution: Handini

         Sheheen ID                    Denomination                    Haxby ID                    Sheheen Rarities
                ---                                 $    5.00                       SC-15-G2                                --- 
                90                                 $    5.00                       SC-15-G2a                               2
                ---                                 $  10.00                       SC-15-G4                                --- 
                91                                 $  10.00                       SC-15-G4a                               2
                92                                 $  20.00                       SC-15-G6a                               3
                93                                 $  50.00                       SC-15-G8a                               9
                94                                 $  50.00                       SC-15-G8b                             10
                ---                                 $  50.00                       SC-15-R5                                --- 
                95                                 $100.00                       SC-15-G10a                           11
                96                                 $100.00                       SC-15-G10b                           11
                ---                                 $    5.00                       SC-15-A5                                ---


The following additional information is from Sheheen:

                                    Presidents:
                                                              1853 - 1860          William M. Martin
                                                              1860 - 1862          S. S. Farrar
                                                              1862 - 1863          J. S. Davies
                                                              1863 - 1865          William Whaley

                                    Cashiers:
                                                              1853 - 1859          William C. Breese
                                                              1859 - 1862          M. D. Strobel

6 comments:

  1. Is there a market for notes from the Farmers & Exchange Bank of Charleston?

    ReplyDelete
    Replies
    1. Yes. People who are interested in obsolete currency, early American history, Americana, the antebellum south, vignettes, etc. are some of the people who would be interested in notes like these.

      Delete
  2. I have a Farmers & Exchange Bank Ten Dollars. Charleston SC , it's got a red stamped on right corner M something. Is it worth anything? I would sell it

    ReplyDelete
  3. yes, i would love to buy it, matt@postepe.com

    ReplyDelete
  4. I just found a Farmers and Exchange Bank 5 dollar note. Not in the best of shape, but IS whole. Can't tell what the red stamp in top right is and it is marked #113 top left. Where can I get more info on the worth?

    ReplyDelete
    Replies
    1. You can check auction records or currency dealer websites and see what ones in similar condition are going for.

      Delete

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