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Something seemingly obvious I was missing for years, and now I am looking for explanation.

An archetypical scene from a #WesternMovie is, when a #BountyHunter delivers a heap of (ususally dead) villains to a local #sheriff, claiming huge amount of money as promised by publicly distributed wanted posters.

Now, I am curious about the economics behind that system. The #OldWest was running rather slow #money #circulation, and local reserves of cash were small. A public bounty posters, accumulated in any given sheriff's office, if cashed en masse, would easily kill local bank liquidity. On the other hand, waiting for a train or wagon to bring more money was probably not practical for a hunter who just killed someone with friends in the heigbourhood.
So, any of you #history buffs can explain how it worked in reality?

in reply to 8Petros [$ rm -rv /capitalism/*]

Maybe cheque. To some big bank far away.
On a more serious note, how probable was catching/killing more than one or two villains* in one run? And if they were to be collected over longer time, the logistics of moving around with either bunch of prisoners or carriage of carrions would be hard. So, I suppose such cases were rather unfrequent.

  • in case of a group, bounties for low-rank members were probably much lower.