Originally Posted by
Rich Riddle
Does anyone know if there is such a thing as a three-dollar bill? My grandfather used to have an expression about a three-dollar bill.
At one time banks were able to distribute bank notes. Much of it looked like regular U.S. issue notes. Some banks did print $3 notes.
The banks were supposed to have gold or silver on deposit to cover what was in print. Some bankers went a little far. They are sometimes referred to as "broken bank notes" by collectors.
Times were financially wild at times in United States history.
jtk
"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."
- Sir Winston Churchill (1874-1965)