18th Century "Deposite No. 1" Painted Wood Panel the hard we do now with what look to me

with what look to me like hand-forced nails for the the pegs

Peach: approx 2 3/4" t x 2 3/4" in diameter

one near the lower right edge

it's really quite a great looking thing to have sitting on the bar

and then again

18th Century "Deposite No. 1" Painted Wood Panel the hard we do now with what look to meA simple, very old thing, to me just completely gorgeous. I know from a little research that "deposite" is an archaic form of the word deposit, but I have had a bit of a hard time understanding in what all manners it was used I believe used in relation to financial deposits, for sure, but I am not sure whether also relating to mail, for example. There are two holes along one edge of the panel showing that it was hinged to something else I would guess