Prior to its annexation as the 28th state by the United States, The Republic of Texas was its own sovereign nation. Having fought for and gaining their independence from Mexico by 1836, the young republic found itself with significant financial/economic and political issues, leading to their eventual annexation in 1845. These nine tumultuous years in-between originated some of Texas’s rarest and most sought after currency.

The Panic of 1837 halted commerce to a standstill, sending Texas’s land prices and the value of its paper currency on a downward spiral.… Read More