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Afro
American Dollars
Rare, Unique Scrip with a vignette of Fredrick Douglass ... Slave History and Black Americana |
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* COIN WORLD Magazine did a story on this specific type of scrip on July 12, 2004 Three
AFRO Dollars in Crisp Uncirculated Condition $24.99
U.S. SHIPPING IS FREE!!!
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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. 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.