In 1836, in the United States, private banks now issued paper money
Called state banknotes, there were many problems.
They could be easily counterfeited, problems with
bank failures and circulation.
Perth Amboy Banks issued their own banknotes
November 1, 1862
Pay to the bearer TEN CENTS when
presented in sums of one dollar.
The City Bank of Perth Amboy
November 1, 1862
City Bank of Perth Amboy
November 1, 1863
City Bank of Perth Amboy
Commercial Bank
July 10, 1856
Commercial Bank
July 10, 1856
City Bank of Perth Amboy
May 1, 1856
City Bank of Perth Amboy
May 1, 1856
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