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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.
This is updated every year. Standard Catalog of World Paper Money – Specialized Issues, 12th Edition, publication date 2013, Krause Publications, ISBN 978-1-4402-3883-3 This is updated every four years or so. All with digital copy available separately. Other related catalogs
Since United States Notes were discontinued in 1971, Federal Reserve Notes are the only type of currency circulating in the US. In 1976, a $2 note was added, 10 years after the $2 denomination of United States Note was officially discontinued. The denomination proved to be unpopular and is now treated as a curiosity, although it is still being ...
The national currency, issued and unissued, has a series date (corresponding to when the design was last changed) and a release date. The first series printed by the Federal Reserve was Series 1914. It contained a $5 bill with Abraham Lincoln , a $10 bill with Andrew Jackson , a $20 bill with Grover Cleveland , a $50 bill with Ulysses Grant ...
The first series of Confederate paper money, issued in March 1861, bore interest and had a total circulation of $1,000,000. [1] As the war began to turn against the Confederates, confidence in the currency diminished, and the government inflated the currency by continuing to print unbacked banknotes.
In the absence of gold and silver coin, the premium for specie began to devalue paper currency. [10] After the New York banks suspended specie payments (quickly followed by Boston and Philadelphia) [ 11 ] the premium on gold rose from 1–3% over paper in early January 1862 to 9% over paper in June 1862, [ 10 ] by which time one paper dollar ...
A one-dollar bill, the most common Federal Reserve Note . Federal Reserve Notes are the currently issued banknotes of the United States dollar. [1] The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 [2] and issues them to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System. [2]
A paper money catalog or banknote catalog (or catalogue) is a catalog of banknotes and articles relating to notable examples. The catalog is an essential tool of collecting as it provides information about the articles that many times cannot be extracted from them directly, such as the number of printed banknotes.