PHILADELPHIA  Pennsylvania

The Philadelphia Savings Institution 

Contemporary reprint 

25¢         1837

~ 6 3/4 X 3  inches

This 25¢ certificate from the Philadelphia Savings Institution is dated 1837 and represents part of a deposit made that day, bearing interest at one percent per annum, redeemable in one year in current bank notes of the City of Philadelphia. The note features a central portrait flanked by allegorical figures of Liberty and Justice, with ornate border work and the institution’s capital noted as $200,000. The text includes “Incorporated 1834,” affirming its early charter status.

This example is a remainder, unissued and unsigned, likely retained for archival or promotional purposes. Unlike circulating scrip, this piece reflects a formalized savings deposit instrument, offering interest and deferred redemption. Its design and language suggest it was intended to reinforce depositor confidence during the volatile financial climate of the Panic of 1837.