1 Dollar, Dayton Bank, Minnesota, United States, 1853
date: label: Date made
content: 1853
name: label: referenced
content: Dayton Bank
label: maker
content: Danforth, Wright & Co.
notes: label: Description
content: Mr. Dayton is known to history solely by the currency he had printed for his bank, and it is not known whether the bank ever opened its doors. But it was his bank, and he had the right, so his grim visage, complete with imposing widow's peak, graces each of the three known denominations: one-, two-, and five-dollar bills.
label: Description
content: The Dayton Bank was one of thousands of private issuers, supplying the capital that created the economic miracle of 19th-century America. No government dared issue paper money in those days: Americans had been so badly burned by inflation during one crisis (the Revolutionary War), that they would not countenance another public issue until another crisis (the Civil War).
label: Description
content: The imagery on this note is very typical of that found in this period, especially on issues from western banks. Racial and ethnic stereotypes were prevalent and emphasized the dominance of white culture.
place: label: place of issue
content: United States: Minnesota, St. Paul
topic: label: Subject
content: Indians
label: Subject
content: Banks
setName: label: See more items in
content: Work and Industry: National Numismatic Collection
label: See more items in
content: Coins, Currency and Medals
creditLine: label: Credit Line
content: Joseph B. Stack
dataSource: label: Data Source
content: National Museum of American History
identifier: label: ID Number
content: NU.NU62181
label: catalog number
content: NU62181
label: accession number
content: 233479
objectType: label: Object Name
content: paper money
label: Object Name
content: obsolete bank note
label: Object Name
content: note
physicalDescription: label: Physical Description
content: paper (overall material)