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Paper Money of the United States: A Complete Illustrated Guide With Valuations (19th ed.). Coin & Currency Institute. ISBN 978-0-87184-519-1; Knox, John Jay (1888). United States Notes: A history of the various issues of paper money by the government of the United States (3rd ed.). Charles Scribner’s Sons.
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 ...
The United States also issued fractional currency for a brief time in the 1860s and 1870s, in several denominations each less than a dollar. Denomination Obverse
Since 1971, Federal Reserves Notes have been the only banknotes of the United States dollar that have been issued. But at some points in the past, the United States had multiple different types of banknotes, such as United States Notes (1862–1971), Interest bearing notes (1863-1865), and Gold certificates (1865–1934).
A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the United States. Having been current for 109 years, they were issued for longer than any other form of U.S. paper money other than the currently issued Federal Reserve Note .
A fractional currency shield is a 20 in × 25 in (510 mm × 640 mm) printed "shield" on which were placed images of 39 different fractional currency notes. [1] Produced in 1866 and 1867 by the United States Treasury Department, the shields were sold to banks for $4.50 each, for the purpose of having images of genuine notes available for use in detecting counterfeits. [2]
Series 1890 $1,000 Treasury Note, nicknamed "The Grand Watermelon" due to the shape and colour of the zeros on the reverse.. The Treasury Note (also known as a Coin Note) was a type of representative money issued by the United States government from 1890 until 1893 under authority of the Sherman Silver Purchase Act in denominations of $1, $2, $5, $10, $20, $50, $100 and $1,000. [1]
Shinplaster was paper money of low denomination, typically less than one dollar, circulating widely in the economies of the 19th century where there was a shortage of circulating coinage. [clarification needed] The shortage of circulating coins was primarily due to the intrinsic value of metal rising above the value of the coin itself. People ...