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Demand Notes are considered the first paper money issued by the United States whose main purpose was to circulate. They were made because of a coin shortage as people hoarded their coins during the American Civil War and were issued in denominations of $5, $10 and $20. They were redeemable in coin. They were replaced by United States Notes in 1862.
President of the United States: 13 Vice President: 2 Speaker of the House: 1 President pro tem: 1 Secretary of State: 11 Secretary of the Treasury: 8 Secretary of War: 3 Attorney General: 1 United States Senate: 20 United States House: 17 State Senate: 6 State House: 11 Governor: 15 Delegate, Continental Congress: 7 Signer, Declaration of ...
One-thousand-dollar United States Note from the series of 1862–63 at Greenback (money), by the American Bank Note Company Ten-dollar interest bearing note from the series of 1864 , by the American Bank Note Company
The United States one-hundred-dollar bill (US$100) is a denomination of United States currency. The first United States Note with this value was issued in 1862 and the Federal Reserve Note version was first produced in 1914. [ 2 ]
Red Book: A Guide Book Of United States Paper Money. Atlanta: Whitman. ISBN 0-7948-1786-6. Hudgeons, Marc; Tom Hudgeons (2005). Official 2006 Blackbook Price Guide to United States Paper Money. New York: Random House. Hughes, Roderick (2004). Official Know-It-All Guide. Hollywood: Fredrick Fell Publishers. ISBN 0-88391-109-4.
As of May 30, 2009, only 336 $10,000 bills were known to exist, along with 342 $5,000 bills, 165,372 $1,000 bills and fewer than 75,000 $500 bills (of over 900,000 printed). [ 12 ] [ 13 ] Due to their rarity, collectors pay considerably more than the face value of the bills to acquire them, and some are in museums in other parts of the world.
Like the previous $10,000 bill, these bills produced in 1928 and 1934 also bear the likeness of Salmon P. Chase on the front. However, the back of the bill simply says, “The United States of ...
The first series of Federally-issued United States banknotes was authorized by Congressional acts on 17 July 1861 (12 Stat. 259) and 5 August 1861 (12 Stat. 313). While the Demand Notes were issued from the United States Treasury, they were engraved and printed elsewhere. In 1861, in fact until the mid-1870s, the Treasury Department lacked the ...