1816 $3 Owl Creek Bank of Ohio - OH-310-G14 - PMG VF 20 George Washington monument and historical data

monument and historical data

Morgan Dollar

Ruler: Nicholas II

Model 2 Grade 206 Manufactured 1901 Size 6s Jewels 7 Case Material Gold Filled

1816 $3 Owl Creek Bank of Ohio - OH-310-G14 - PMG VF 20 George Washington monument and historical dataThe Owl Creek Bank of Mount Vernon pretty well exemplifies the term, Wildcat Banking, despite having occurred before the term typically applies. Opened in 1816, by 1817 they had already been sued. While the bank was acquitted, part of that acquittal was the judgement that the notes didn't even constitute "money". One must imagine that while the owners were likely happy with the acquittal, any holders of the notes were less than thrilled.