State-Chartered Banknotes of the Free Banking Era: Minnesota, Wisconsin, and the Notes of the Upper Midwest
Before the National Banking Act standardized American currency, the Upper Midwest was awash in hundreds of privately issued state banknotes of wildly varying quality, security, and backing. This deep dive into Minnesota and Wisconsin Free Banking Era paper money reveals a fascinating world of frontier finance, depreciated ‘wildcat’ currency, and some of the most visually striking obsolete notes ever printed.
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