Large Size Treasury or Coin Notes $1 Fr-347 to Fr-352

During the Civil War, both the North as well as the South developed their own currency. Ripped apart by war and teetering on bankruptcy, Congress ordered the printing of a number of notes. These Large Size Notes were commonly called horse blankets because of their dimensions. Issued from 1861 to 1928, their original size was approximately 7.42 inches by 3.13 inches. Cost cutting measures have reduced todays note to the more familiar 6.14 inches by 2.61 inches. Demand Notes or Greenbacks minted only in 1861 represent Americas first type of Federal Bank money.

All notes that was printed and issued to the public is still legal tender today and can be redeemed to any bank for face value. They exception is the 1900 $10,000 gold certificate that was tossed out of a window during a fire in 1936. They were punched cancelled and therefor have no face value for redemption except for collectors.

Large Size-Treasury or Coin notes

These Treasury notes were issued as a result of the Legal Tender Act of July 14,1890. This act authorized the Seceretary of the Treasury to issue these notes in payment for Silver purchased by the Treasury Department. These notes were auctually redemable in either silver or gold coin at the discreation of the Secretary of Treasury. They were issued in denominations of $1, $2, $5, $10, $20, $50, $100 and $1,000 in the 1890 and 1891 series. A $500 dollar note with a picture of General Sherman was authorized but never issued into circulation. The series of 1890 are very attractive and bears the Large Brown Seal, which is always popular.

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2 Notes Found (Exclude Star Notes)

Page: 1

(SOLD)

Fr.-347 1890 $1 Treasury Note Ser. A1332444 PMG XF-40 EPQ
This is the famous 1890 $1 Treasury note with the popular large brown spiked seal. The serial number is A1332444 and it resides in a PMG XF-40EPQ holder. It is very difficult to find these notes mid grade that are in EPQ/PPQ holders. Most of them have bee...
Added: 4/30/2014 Views: 4702 Price: SOLD

Fr.-347 1890 $1 Treasury Large Brown Seal #A975* PCGS-58PPQ
SALE!
$5,750
8% Off
This is a extremely nice and totally original 1890 $1 Treasury note with the Large Brown Spiked Seal. It is commonly referred to as the Stanton Note. The front features the bust of Edward M Sta...
Added: 3/24/2014 Views: 4688 Price: $6,250.00

2 Notes Found

Page: 1

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