Exemplifying the proverb, "Necessity is the mother of invention," these fascinating notes were privately issued by banks and other businesses across America. The Panic of 1837 and the Civil War severely affected the economy; in both circumstances coins were hoarded, and paper currency would not be regularly printed by the U.S. government until after the war. To fill the void, local merchants and banks issued their own banknotes as well as small change denominations known as "scrip notes." Demonstrating the resourcefulness of Americans in times of strife, these relics of the past are appealing to collectors of all types. Our choice of issuing states, denominations and dates.