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What
you are looking at here is African American
Scrip Notes in the $20 Denomination. These "African
American Face Reserve Obligation" (AFRO) Notes were
issued in Chicago, Illinois in the late 1980's. This purpose of
this colorful "scrip" was to stimulate business and economic
activity, primarily for the less prosperous areas of Chicago. The
concept was to build incentive for stores using these "dollars"
to be frequented more often and stimulate the local growth of the
region. These Afro Dollars were accepted by merchants and participating
banks just like your Federal Reserve Notes are now. Apparently,
the idea went sour and eventually failed when the banks abandoned
it.
The
front of the notes (shown above) display the portrait of Fredrick
Douglass.
Fredrick Douglass was born into slavery on the Eastern Shore of
Maryland in 1818. During the course of his remarkable life he escaped
from slavery, became internationally renowned for his eloquence
in the cause of liberty, and went on to serve the national government
in several official capacities. As a major
StationMaster on the Underground Railroad he directly helped hundreds
on their way to freedom through his adopted home city of
Rochester, NY. The reverse of the notes (right) shows the Douglass
Home in Washington D.C.
These
notes are truly unique and rare ... we challenge you to find them
elsewhere! These notes depict history of Black America, and are
definitely cool collectors pieces for paper money, coin, and antique
lovers. Fredrick Douglass as a historical figure is as relevant
to US History as Martin Luther King Jr! Every Note is absolutely
flawless! The serial numbers you will receive are sequential and
crisp, with razor sharp corners and flat as a pancake.
*
COIN WORLD Magazine did a story on this specific type of scrip on
July 12, 2004 ... check it out!
3
AFRO Dollars in Crisp Uncirculated Condition $24.99
Pack
of 100, Sealed Notes for investment/resale $199.99
U.S. SHIPPING
IS FREE!!
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