Blindstamped with the seal of the Twelve Apostles. The note is issued at Great Salt Lake City on January 20, 1849. 324 South State Street, Suite 201 Salt Lake City, Utah 84111. Whitney, signed in ink by Brigham Young in full and countersigned by Thomas Bullock and Heber C. Rare partly-printed note of Mormon currency in the amount of one dollar, 3.75 x 2, filled out in another hand to N. A beautiful example of this exceedingly rare banknote. This particular bill is especially notable as it was issued to Newell K. In November 2019, Senator John Kennedy of Louisiana introduced a bill. Of the original 5,150 notes, only 184 notes, valued at $269.00 in total, were outstanding in May 1850. Industrial banks are only chartered by a few states the state of Utah provides. Although over three thousand notes were printed in this run, when the church mint resumed coinage in the fall of 1849 the paper currency was redeemed and most of it was destroyed. ![]() The newly minted currency began to be issued in January 1849, with the bills bearing the January 20 date being the very first printing. Young’s expedition was one of the largest and one of the best organized westward treks.Īfter three years of leading the church as the President of the Quorum of the Twelve Apostles, Young reorganized a new First Presidency and was declared president of the church on December 27, 1847.Īs there was no standard United States currency at the time, Brigham Young and his associates in the LDS Church established a mint in 1848 that produced coinage and currency backed by the church. When the church mint resumed coinage in the fall of 1849, the paper currency was redeemed, and most of it was destroyed. ![]() Young arrived in the Salt Lake Valley on July 24, 1847, a date now recognized as Pioneer Day in Utah. sovereignty would not be confirmed until 1848. By the time Young arrived at the final destination, it had come under American control as a result of war with Mexico, although U.S. Young organized the journey that would take the Mormon pioneers to Winter Quarters, Nebraska, in 1846, then to the Salt Lake Valley. ![]() Repeated conflict led Brigham Young to relocate his group of Latter-day Saints to the Salt Lake Valley, which was then part of Mexico.
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