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It was not until 1877 (19 Stat. 353) that the Bureau of Engraving and Printing was given funding for labor, paper, transportation, and other expenses with the provision that all work be conducted on site, and for a price commensurate with that of the private bank note companies. On 1 October 1877, the BEP took over the production of both United ...
Demand Notes are considered the first paper money issued by the United States whose main purpose was to circulate. They were made because of a coin shortage as people hoarded their coins during the American Civil War and were issued in denominations of $5, $10 and $20. They were redeemable in coin. They were replaced by United States Notes in 1862.
A Guide Book of United States Paper Money: Complete Source for History, Grading, and Prices (Official Red Book). Whitman Publishing. ISBN 0-7948-1786-6. Hudgeons, Thomas (2005). The Official Blackbook Price Guide to U.S. Paper Money 2006 (38th ed.). House of Collectibles. ISBN 1-4000-4845-1. OCLC 244167611. Wilhite, Robert (1998).
A banknote or bank note [1] – also called a bill (North American English) or simply a note – is a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand.
[2] [3] Uncut American paper money issued prior to that is a rarity. [ 4 ] [ 5 ] As of December 2019, the U.S. Mint's online store offers uncut sheets of $1 , $2 , $10 , $20 , $50 , and $100 notes.
Friedberg, Arthur L. & Ira S. (2008) The Official Red Book. A Guide Book Of United States Paper Money: Complete Source for History, Grading, and Prices (Second Edition) Whitman Publishing ISBN 0-7948-2362-9; Simpson, MacKinnon (2008). Hawaii Homefront: Life in the Islands during World War II. Bess Press. ISBN 978-1-57306-281-7
In 1862, the greenback declined against gold until by December, gold had become at a 29% premium. By spring of 1863, the greenback declined further, to 152 against 100 dollars in gold. However, after the Union victory at Gettysburg, the greenback recovered to 131 dollars to 100 in gold. In 1864, it declined again, as Grant was making little ...
The Official Blackbook Price Guide to U.S. Paper Money 2006, Edition #38. House of Collectibles. ISBN 1-4000-4845-1. Friedberg, Arthur; Ira Friedberg; David Bowers (2005). A Guide Book Of United States Paper Money: Complete Source for History, Grading, and Prices (Official Red Book). Whitman Publishing. ISBN 0-7948-1786-6.