Over the course of a three-year period in the 1830s and 1840s, the Republic of Texas issued banknotes to support commerce within the independent state. Following its independence from Mexico, the Republic of Texas saw a need to issue its own form of paper currency in an effort to exert control over money used within the economy of the nation. Now, 1839-1841 $20 Republic of Texas Notes are available to you for purchase online from JM Bullion in Fine+ condition.
- Notes arrive in protective plastic sleeves!
- Issued from 1839 to 1841!
- Offered in Fine+ condition!
- Issued a face value of $20 by the Republic of Texas.
- Various figures feature in vignettes on the obverse.
- Lone Star of the Republic on the reverse.
- Please keep in mind you could see slight variations in the exact wear and tear on the notes you receive when buying multiples. Dates could also vary or all match.
When the Republic of Texas gained its independence from Mexico, monetary policy within the new sovereign state allowed for a variety of different forms of circulating currency. American gold and silver coins were widely circulated at first and accepted for all commercial transactions in the Republic of Texas.
In addition, businesses would accept banknotes issued by private banks. However, the Panic of 1837 that gripped North America led to the lower circulation of American gold and silver coins. With no sources of silver and gold of its own, the Republic turned to the issuance of banknotes. The most notable among these was the so-called redback.
For the obverse design of 1839-1841 $20 Republic of Texas Notes, the Treasury Department of the Republic of Texas issued an ornate design with several different vignettes. On the left side of the note, you’ll notice an indigenous figure drawing an arrow back in his bow. The lower-right design field includes a depiction of a female goddess of war, likely Athena or Minerva from Greek and Roman mythologies. Along the top of the design, a woman stands near a seated indigenous figure with a shield bearing the Lone Star of the Republic on its face.
In the reverse field of 1839-1841 $20 Republic of Texas Notes, you will find a depiction of the Lone Star of the Republic. Also known as the De Zavala Star after the First Vice President of the Republic of Texas, this star is printed in red ink and its colorful appearance is the reason for the common term “redback” in referring to the notes of the Republic of Texas.
These 1839-1841 $20 Republic of Texas Notes are offered with a protective currency sleeve. Notes in Fine+ condition show rounded corners, margin splits, and various fold lines throughout the field of the paper. Please note you could receive bills with various or matching dates between 1839 and 1841, as well as notes with the exact same wear patterns and flaws.
JM Bullion customer service is available to assist you at 800-276-6508. We are also available to you online via our live chat and email address features.