City of Philadelphia - 1870's-1880's dated $1,000 or $10,000 Pennsylvania Bond - Great Graphics - Fantastic

$1,000 or $10,000 6% Bond printed by American Bank Note Co., Philad. 7 engraved vignettes of Wm Penn, Henry Clay, Independence Hall, Washington, Franklin, blacksmith and woman with wheat. Rare in blue! $10,000 repaired and certificate #7 for $100. Please specify denomination.

Philadelphia, founded in 1682 by William Penn within the English Crown Province of Pennsylvania, lies between the Delaware and Schuylkill rivers. Prior to its establishment, the region was inhabited by the Lenape people. Philadelphia rapidly evolved into a pivotal colonial city, serving as the venue for the First and Second Continental Congresses during the American Revolution. Subsequently, the city was designated as the provisional capital of the United States.

At the dawn of the 19th century, the federal and state governments relocated from Philadelphia, yet the city retained its status as the cultural and financial epicenter of the nation. Philadelphia emerged as one of the pioneering industrial centers of the United States, encompassing a diverse array of industries, with textiles being the most prominent.

Following the American Civil War, Philadelphia’s governance was dominated by a Republican political machine. By the turn of the 20th century, the city was characterized as “corrupt and contented.” Gradual reform efforts gradually transformed city governance, with the most significant occurring in 1950 when a new city charter reinforced the mayor’s authority while diminishing the influence of the Philadelphia City Council. Concurrently, Philadelphia shifted its allegiance from the Republican Party to the Democratic Party, subsequently establishing a robust Democratic organization.