Currency of the Republic of Texas
coin
Paper Money

Currency of the Republic of Texas


Paper Money

Currency of the Republic of Texas


How the Republic of Texas began its Paper Money Career...

Alamo-Movie

Texas won its independence from Mexico in 1836. At that time a number of different specie traded as cash – Spanish and Mexican coinage, various United States notes and privately issues paper often referred to as “shinplasters.” In 1837 the newly formed Republic of Texas issued its first paper money. Printed poorly this “star money,” so called for the large star in the obverse, had a blank side and was easily counterfeited. While they were traded by merchants, they weren’t actual currency but rather interest bearing notes that once matured could be redeemed through the Texas Department of Treasury. These notes were then cancelled with large “X” cut through the paper.

Six-pence

A year later, Texas updated these notes in an effort to thwart counterfeits. The new notes featured an elaborate reverse printed in red ink. The notes were nick named “redbacks” and in 1839 the Texas government printed over $2,000,000.00 in face value, worth at the time 37c to the U.S. Dollar.

TexasCurrency-1837

By 1842, Texas currency was virtually worthless. Texans and Texas merchants were once again forced to use foreign currencies to facilitate commerce. Texas tried again to shore up its financial woes. Another currency, similar to the previous monies, was issued called “exchequer bills.” These were not popular and rarely used in general circulation.

 

SHOP TEXAS CURRENCY

Texas Currency - Redback

In 1845, Texas joined the Union. The currencies of the Republic of Texas provide a colorful glimpse into the history of this great state. At U.S. Coins and Jewelry we carry a large selection of U.S. and Republic of Texas currencies, memorabilia and historical documents. Our trained staff is ready to elaborate on the items of interest in our store, or help you evaluate the rare pieces you may have.


Texas Currency 2-500

If you are interested in buying, selling, or authenticating Republic of Texas Currency, contact U.S. Coins and Jewelry. We carry a full line of Authentic Texas Currency and other rare currencies.

LEARN MORE ABOUT RARE COINS, COIN COLLECTING AND COIN HISTORY BY SUBSCRIBING TO OUR U.S. COINS AND JEWELRY BLOG, OR STOP BY OUR STORE AT 8435 KATY FREEWAY HOUSTON, TX 77024 TO FIND TEXAS CURRENCY OR A VARIETY OF OTHER RARE COINS THAT CAN HELP MAKE YOUR COLLECTION COMPLETE.




SELL US something from your collection

SELL TO US

WE'RE MEMBERS OF

WHAT OUR CLIENTS SAY

Absolutely phenomenal communication and service!! Kenny and the team are absolute rock stars!! Many more purchases to come in the future!!! Highly recommend.
- Gus Aslanidis
U.S. Coins and Jewelry has been my go to for buying and selling coins, silver and gold for years. My most recent experience was quick and easy. The staff are friendly and helpful. They really take the fear and uncertainty out of investing in precious metals and coins, and their exchange fees are very reasonable.
- Stephen Peterson
They are the best at helping you build a rare coin collection, bullion sales, & jewelry. I always recommend my friends & family go there. I'm a long time customer from 2011 to date. They have access to some of the finest rare coins out there.
- Robert Dean
Came in just to browse walked out with an engagement ring and got a solid deal! Highly recommend place for all your needs. Have been coming for years Anthony was a great help thanks again!
- Daniel Nino
I walked into this place for the first time and was wonderfully greeted by some very friendly associates. This shop is a treat and seeing all the great things it had to offer was amazing. From comic books to coins to even art and watches this shop has it all. I will most definitely be coming back and they offer great deals on buy backs. What a time to be invested in precious metals!
- Muhammad Hamdan
They were very professional, personable and efficient. They trusted - without seeing the actual paper - the quote I received elsewhere for a Rolex watch. They didn't meet it - THEY BEAT IT! Very nice, safe place to do business.
- Monica W
Before going to U.S. Coins, I went to another location much closer to me and the price they gave me did not seem right. So I went to U.S. Coins and they more than double the buy. After speaking to the person I dealt with I decided to only sell my deceased wife's necklace and they still gave me much more than I would have gotten from the other dealer. U.S. Coins were polite and very easy to deal with.
- Tommy Clements
Great bunch of guys, very knowledgeable and honest and always ready to help and make a deal. Always great prices on coins and bullion. Leave smiling every time knowing I got a great deal. Thanks guys y'all are great!
- Larry Brooks