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.
PCGS are the only two TRUE independent
currency-grading services available. I highly
recommend these two companies for those of you who
want to get their currency certified and graded for
insurance purposes or simply, a peace of mind.
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...
This is a nice example problem free example of the 1890 $2 Treasury Note commonly referred to as the McPherson Note. General James McPherson (1828-1864) was a Union Army General who was a hero of the Battle of Vicksburg. He was killed on July 22nd, 1864 a...
What a lovely duce 1891 treasury note. This is a very nice 1891 $2 Treasury Note. It is commonly referred to as a McPherson note because his bust is on the face. General James McPherson was a Union General and hero of the Battle of Vicksburg. The face als...