Economic Education through Numismatics
  • 1853 $5 Bank of East Tennessee, Knoxville, nicer grade


    Lucked into 2nd note of this scarce variety of this scarcer bank...Garland 379, R12 (11-15 known) on the scale Garland created)

    Home of Tennessee Volunteers, the note predates the founding of the University

    Chartered in 1843, Bank did not open until 1850...controlled by men who sided with the South in the Civil War. Bank failed in 1859, finally wound up in 1863