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National Bank Notes were issued by banks chartered or authorized to do so by the Federal Government. The charter expired after 20 years, but could be renewed. They were of uniform appearance except for the name of the bank and were issued as three series or charter periods: 1869–1882, 1882–1902, and 1902–1922.
$20 Ultra High Relief LE United States Heritage Auctions [45] January 2015 $2,086,875 1893-S 1893-S Morgan dollar: MS-67 CAC United States GreatCollections [46] August 2021 $2,010,000 1921 $20 PR-64+ United States Heritage Auctions August 2021 $1,997,500 1894-S Barber Dime United States Clapp, Eliasberg, Richmond Heritage Auctions: January 2016
Large-denomination currency (i.e., banknotes with a face value of $500 or higher) [1] had been used in the United States since the late 18th century. [2] The first $500 note was issued by North Carolina, authorized by legislation dated May 10, 1780. [3]
Confederate President Jefferson Davis asked private citizens to restore the value of the Confederate dollar by mutually agreeing to sell and buy items only at reduced prices. [4] In October 1863, Confederate States Senator Louis Wigfall of Texas said that a Confederate soldier received $11 per month in pay, which was worth the same as $1 had ...
Official $20 bill prototype featuring Harriet Tubman. In a campaign called "Women on 20s", selected voters were asked to choose three of 15 female candidates to have a portrait on the $20 bill. The goal was to have a woman on the $20 bill by 2020, the centennial of the 19th Amendment which gave women the right to vote. [13]
Value/series Bank title Banknote $1 Original Series The First National Bank Lebanon, Indiana $2 Series 1875 The First National Bank Emporia, Kansas $5 Series 1875 The Vineland National Bank Vineland, New Jersey $10 Series 1875 The First National Bank Bismarck, North Dakota $20 Series 1875 The First National Bank Butte, Montana $50 Series 1875
The production of large numbers of U.S. gold coins (The first $1 and $20 gold coins were minted in 1849) from the new California mines lowered the price of gold, thereby increasing the value of silver. By 1853, the value of a U.S. silver dollar contained in gold terms, $1.04 of silver, equal to $38.09 today.
Among the six was a silver coin, "which shall be, in weight and value, one-tenth part of a silver unit or dollar". From 1796 to 1837, dimes were composed of 89.24% silver and 10.76% copper, [3] the value of which required the coins to be physically very small to prevent their commodity value from being worth more than face value. [4]