That’s Distinctive!: Nineteenth-Century Banknotes
Check the blog each Friday for a new “That’s Distinctive!” post. I created the series because I genuinely believe there is something in our collections for everyone, whether you’re writing a paper or just want to have a look. “That’s Distinctive!” will provide a more lighthearted glimpse into the diverse and unique materials at Spencer – including items that many people may not realize the library holds. If you have suggested topics for a future item feature or questions about the collections, feel free to leave a comment at the bottom of this page.
This week on That’s Distinctive! I am sharing a collection of Lawrence Bank banknotes. According to the finding aid, “the collection contains four Lawrence Bank notes of three and five dollar denominations. These notes are imprinted with ‘The Lawrence Bank, Lawrence, Kansas’ but were probably issued by the Lawrence National Bank, which was established in the 1860s.”
Incorporated by the territorial legislature in 1858 and located on the east side of Massachusetts street in downtown Lawrence, the Lawrence Bank opened for business in 1860. According to an article in the Lawrence Business Magazine, “the Lawrence Bank issued currency in various denominations, but only bills for $1, $2, $3 and $5 are known to survive.” The existence of the Lawrence Bank was short-lived, as “Quantrill’s raiders robbed and burned the bank. It never reopened after the raid but continued to redeem currency presented for payment until it closed for good in January 1864.”
As seen in the images, the banknotes came into the library’s possession as fragments. They were pieced together and preserved by the Libraries’ conservation department. It’s not often that fragmented items are adhered to a secondary layer, but at times it is deemed necessary by our conservators and curators.
Tiffany McIntosh
Public Services
Tags: Banking, Banknotes, Kansas Collection, Kansas History, Lawrence, Lawrence KS, Quantrill's raid, That's Distinctive, Tiffany McIntosh