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United States Note

Source πŸ“

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officials to do so if requested. The difference between a United States Note and a Federal Reserve Note is that a United States Note represented a "bill of credit" and, since it was issued by the government itself and does not involve either lending or borrowing, was inserted by the Treasury directly into circulation free of interest. The twelve Federal Reserve Banks issue them into circulation pursuant to the Federal Reserve Act of 1913. A commercial bank belonging to the Federal Reserve System can obtain Federal Reserve Notes from the Federal Reserve Bank in its district whenever it wishes. It must pay for them in full, dollar for dollar, by drawing down its account with its district Federal Reserve Bank.
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par. The rationale for these terms was that the Union government would preserve its credit-worthiness by supporting the value of its bonds by paying their interest in gold. Early in the war, customs duties were a large part of government tax revenue and by making these payable in gold, the government would generate the coin necessary to make the interest payments on the bonds. Lastly, by making the bonds available for purchase at par in United States Notes, the value of the latter would be confirmed as well. The limitations of the legal tender status were quite controversial.
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was a significant figure at the time, it is now a very small fraction of the total currency in circulation in the United States. The year 1879 found Sherman, now Secretary of the Treasury, in possession of sufficient specie to redeem notes as requested, but as this brought the value of the greenbacks
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were outstanding during February 1868. By this time, the wartime economic prosperity was ended, the crop harvest was poor, and a financial panic in Great Britain caused a recession and a sharp decrease of prices in the United States. The contraction of the money supply was blamed for the deflationary
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as they could not be used by merchants to pay customs duties on imports and could not be used by the government to pay interest on its bonds. The Act did provide that the notes be receivable by the government for short term deposits at 5% interest, and for the purchase of 6% interest 20-year bonds at
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The beginning of 1862 found the Union's expenses increasing, and the government was having trouble funding the escalating war. U.S. Demand Notes—which were used, among other things, to pay Union soldiers—were unredeemable, and the value of the notes began to deteriorate. Congressman and
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Section 5119(b)(2) of Title 31, United States Code, was amended by the Riegle Community Development and Regulatory Improvement Act of 1994 (Public Law 103–325) to read as follows: "The Secretary shall not be required to reissue United States currency notes upon redemption." This does not change the
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debts, denounced the exceptions, calling the new bill "mischievous" because it made United States Notes an intentionally depreciated currency for the masses, while the banks who loaned to the government got "sound money" in gold. This controversy would continue until the removal of the exceptions
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The states in the far west stayed loyal to the Union, but also had hard money sympathies. During the specie suspension from 1862 to 1878, western states used the gold dollar as a unit of account whenever possible and accepted greenbacks at a discount wherever they could. The preferred forms of
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payable on demand. These Demand Notes were paid to creditors directly and used to meet the payroll of soldiers in the field. While issued within the legal framework of Treasury Note Debt, the Demand Notes were intended to circulate as currency and were of the same size as banknotes and closely
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of 1933. Both have been used in circulation as money in the same way. However, the issuing authority for them came from different statutes. United States Notes are, depending on their issue, redeemable directly for precious metal – as after the specie resumption of 1879 which authorized federal
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legal tender status of United States Notes nor does it require a recall of those notes already in circulation. This provision means that United States Notes are to be canceled and destroyed but not reissued. This will eventually result in a decrease in the amount of these notes outstanding.
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While the United States Notes had been used as a form of debt issuance during the Civil War, afterwards they were used as a way of moderately influencing the money supply by the federal governmentβ€”such as through the actions of Boutwell and Richardson. During the
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was a maximum as well as a minimum, no legislation was passed to assert the committee's opinion. Starting in 1872, Boutwell and Richardson used the "reserve" to counteract seasonal demands for currency, and eventually expanded the circulation of the Greenbacks to
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million in notes as legal tender. This caused tremendous controversy in Congress, as hitherto the Constitution had been interpreted as not granting the government the power to issue a paper currency. "The bill before us is a war measure, a measure of
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In September 1994, the Riegle Improvement Act released the Treasury from its long-standing obligation to keep United States Notes in circulation. Just prior to the Riegle act, the treasury considered releasing its large remaining stockpile of unissued
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Legal tender status guaranteed that creditors would have to accept the notes despite the fact that they were not backed by gold, bank deposits, or government reserves, and had no interest. However, the First Legal Tender Act did not make the notes an
261:, and not of choice," Spaulding argued before the House, adding, "These are extraordinary times, and extraordinary measures must be resorted to in order to save our Government, and preserve our nationality." Spaulding justified the action as a " 296:
total face value between the new Legal Tender Notes and the existing Demand Notes. The Act also intended for the new notes to be used to replace the Demand Notes as soon as practical. The Demand Notes had been issued in denominations of
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Comparison of a $ 5 Demand Note (upper image) and an 1862 issue $ 5 United States Note (lower image) in which the words "On Demand" and the phrase "Receivable in Payment of All Public Dues" are removed and the Treasury Seal is
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in place of green ones. Also, while a variety of denominations were issued as United States Notes during the large-size era, only the $ 1, $ 2, $ 5, and $ 100 denominations were ever issued as small-size notes.
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format until 1929, at which time the notes' sizes were reduced to the small-size format of the present day. Per the Treasury Department Appropriation Bill of 1929, notes issued before October 1928 were
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of the increase for the purpose of redeeming balances in a temporary deposit program. The Act of June 30, 1864, reiterated this limitation, and as the temporary loan program had ceased to exist, only
337:, the Chairman of the House of Representatives Committee of Ways and Means, which had authored an earlier version of the Legal Tender Act that would have made United States Notes a legal tender for 459:
voted overwhelmingly to endorse the Secretary's argument. With an eventual return to gold convertibility in mind, the Funding Act of April 12, 1866 was passed, authorizing McCulloch to retire
192:, the expenses incurred by the Union Government much exceeded its limited revenues from taxation, and borrowing was the main vehicle for financing the war. The Act of July 17, 1861 authorized 71:
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
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format, before 1929, differ dramatically in appearance when compared to modern American currency, but those issued in the small-size format, starting 1929, are very similar to contemporary
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This Note is a Legal Tender for all debts public and private except Duties on Imports and Interest on the Public Debt; and is receivable in payment of all loans made to the United States.
596:. For the general public, there was then little to distinguish United States Notes from Federal Reserve Notes. As a result, the public circulation of United States Notes, in the form of 150:. However, as no United States Notes have been issued since January 1971, all issues have all but disappeared from circulation, and command higher prices than face value as items of 4101: 309:, and these were replaced by United States Notes nearly identical in appearance on the obverse. In addition, notes of entirely new design were introduced in denominations of 252:
Recognizing, however, that his proposal would take many months to pass Congress, during early February Spaulding introduced another bill to permit the U.S. Treasury to issue
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denominations. The final across-the-board redesign of the large-sized notes was the Series of 1880. Individual denominations were redesigned in 1901, 1907, 1917 and 1923.
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Federal Reserve Notes as well. United States Notes became rare in hand-to-hand commerce and also beginning in 1966, the Treasury converted the outstanding balance into new
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into parity with gold for the first time since the Specie Suspension of December 1861, the public voluntarily accepted the greenbacks as part of the circulating medium.
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Mitchell, Wesley Clair, "A History of the Greenbacks With Special Reference To the Economic Consequences of Their Issue 1862–65", University of Chicago, Chicago, 1903.
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million in United States Notes issued prior to July 1, 1929, determined pursuant to Act of June 30, 1961, 31 U.S.C. 5119, to have been destroyed or irretrievably lost.
3107: 3602: 87:, that they replaced in 1862. Often termed Legal Tender Notes, they were named United States Notes by the First Legal Tender Act, which authorized them as a form of 2598: 834:
are printed in red (contrasting with Federal Reserve Notes, where they appear in green). By the time the treasury adopted the small-size format in 1928, the
4544: 3595: 827: 135: 4539: 3647: 3618: 2696:. In 1884, the Court, controlled 8–1 by Republicans, granted the federal government very broad power to issue Legal Tender paper through the case 592:. Eventually, even silver redemption stopped in June 1968, during a time in which all U.S. currency (both coins and paper currency) was changed to 4324: 3980: 3976: 2786: 3443: 4078: 3810: 862:
notes in the Series year of 1966, mainly to satisfy the legacy legal requirement of maintaining the mandated quantity in circulation after the
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existed for the primary purpose of advocating an increased circulation of United States Notes as a way of creating inflation according to the
815:. The notes were again redesigned for the Series of 1874, 1875 and 1878. The Series of 1878 included, for the first and last time, notes of 4090: 3785: 318: 123:. During the next century, the legislation governing these notes was modified many times and numerous versions were issued by the Treasury. 4228: 2582:
rather than the precious metal medium of exchange that the United States had traditionally used. Their introduction was thus contentious.
3083:"How much currency is circulating in the economy, and how much of it is counterfeit? Is currency included in the money supply statistics?" 669:
The size of the United States Note changed from large (gray) to small (green) with plate position letters and the slightly smaller modern
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and a Democrat, and spearheaded the decision invalidating his own actions during the war. However, Grier retired from the Court, and
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United States Notes were printed from 1966 to 1969, with distribution into public circulation officially ending January 21, 1971.
324:. The Demand Notes' printed promise of payment "On Demand" was removed and the statement "This Note is a Legal Tender" was added. 4534: 4114: 4028: 3800: 851: 193: 838:
had existed for fifteen years and there had been a decline in the need for United States Notes; the notes were mainly issued in
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argued that the Legal Tender Acts had been war measures, and that the United States should soon reverse them and return to the
3045: 2924: 4060: 3489: 3194: 3138: 2513: 314: 447:, argued for building on the precedent of non-interest-based fiat money and making the greenback system permanent. However, 3996: 3227: 3642: 2681: 2665: 665: 17: 4452: 3883: 2653: 2609: 581: 3945: 4144: 3632: 3527: 3508: 3284: 3215: 3158: 2913: 377:, the greenback began to trade at a substantial discount from gold, which prompted Congress to pass the short-lived 4336: 4184: 3853: 3355: 2707: 2661: 2629: 632:
Federal Reserve Note, it was decided confusion would likely arise with the sudden appearance of two very different
400:. However, the end of the war found the greenbacks trading for only about half of their nominal value in gold. The 306: 2860:). Small size notes (described as such due to their size relative to the earlier large size notes) are an average 4342: 4127: 4121: 3838: 3057: 3030: 3014: 393: 310: 3582: 3253: 4353: 4161: 4066: 3923: 3833: 3681: 3669: 3072:
Backus, Charles K., "The Contraction of the Currency", The Honest Money League of the Northwest, Chicago, 1878.
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attempted to increase liquidity in the markets by authorizing the Treasury to issue more Greenbacks, but the
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Names in parentheses are either the engravers or artists responsible for the concept and/or initial design.
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A History of the Greenbacks: With Special Reference to the Economic Consequences of Their Issue, 1862–65.
388:. The Union's reliance on expanding the circulation of greenbacks eventually ended with the emission of 3903: 3746: 2555: 1170: 116: 3127:
Cyclopaedia of Political Science, Political Economy, and of the Political History of the United States
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Large size notes represent the earlier types or series of U.S. banknotes. Their average dimension is
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United States Notes, the majority of which sat unissued in bank vaults. Series 1966 and Series 1966A
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The original large-sized Civil War issues were dated 1862 and 1863, and issued in denominations of
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found unconstitutional the use of greenbacks when applied to debts established prior to the First
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in 1933 (a ban that would be lifted in 1974), all of the remaining types of circulating currency,
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By the First Legal Tender Act, Congress limited the Treasury's emission of United States Notes to
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as the minimum Greenback circulation, the old Civil War statutes still authorized a maximum of
354: 282: 3587: 3306: 2982: 811:. The United States Notes were dramatically redesigned for the Series of 1869, the so-called 556:
supply instead. Eventually, the perceived need for an elastic currency was addressed with the
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resembled them in appearance. During December 1861, economic conditions deteriorated and a
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denominations had been discontinued in August 1966. The BEP also printed but did not issue
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United States Notes into general circulation, but with the recently redesigned series 1996
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effects, and caused debtors to agitate successfully for a halt to the notes' retirement.
444: 381:, which was soon repealed after it seemed to accelerate the decrease of greenback value. 3544: 846:
denominations in the Series years of 1928, 1953, and 1963. There was a limited issue of
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Riegle Community Development and Regulatory Improvement Act of 1994, see Sec. 602(f)(4)
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notes in the 1928 Series. An example was displayed at the 1933 Worlds Fair in Chicago.
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prepared a bill, based on the Free Banking Law of New York, that eventually became the
189: 120: 44: 3347: 2714:, the latter having been created specifically to address the desire for hard money in 4484: 4359: 4312: 4267: 3693: 3687: 3523: 3504: 3485: 3280: 3211: 3190: 3154: 3122: 2909: 2669: 2537: 2532: 2155: 1850: 1676: 1647: 1165: 1020: 991: 962: 405: 246: 238: 3322: 3046:
United States Congress. Resolution of January 17, 1863, No. 9. Washington D.C.: 1863
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United States Notes – First small-size issue, Series 1928 (Smithsonian Institution)
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United States Congress. Act of April 12, 1866 Chapter XXXIII. Washington D.C.: 1866
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Encyclopedia of the American Civil War: a political, social, and military history
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notes in circulation. The Treasury announced in 1996 that the remaining stock of
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The Greenback Era: A Social and Political History of American Finance, 1865–1879
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of carrying into execution the powers granted in the Constitution 'to raise and
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Monetary Policy in the United States: An Intellectual and Institutional History
2594: 2081: 2023: 1994: 1965: 1444: 1382: 1353: 1324: 1262: 1233: 1204: 564:, and attempts to alter the circulating quantity of United States Notes ended. 448: 433: 384:
The largest amount of greenbacks outstanding at any one time was calculated as
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Paper Money of the United States: A Complete Illustrated Guide With Valuations
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This note is a legal tender at its face value for all debts public and private
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United States Congress. Act of July, 17 1861 Chapter V. Washington D.C.: 1861
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denominations had been introduced as the appearance of fiat currency had per
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The Engraver's Line – An Encyclopedia of Paper Money & Postage Stamp Art
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to determine the constitutionality of the use of greenbacks. The 1870 case
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million in United States Notes are in circulation and, in accordance with
1841: 1783: 1754: 1725: 1696: 1578: 1464: 531:β€”a level which would be maintained for almost 100 years afterwards. While 515:
In June 1874, Congress established a maximum for Greenback circulation of
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Type of paper money that was issued from 1862 to 1971 in the United States
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History of the legal tender paper money issued during the great rebellion
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inch sheet of paper that previously would yield 8 notes at the old size.
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Existing United States Notes are still fully usable and are considered
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Large-sized Series of 1880 United States Notes; the $ 20 note displays
3449:. United States Treasury Department. December 31, 2012. Archived from 742:
inches, which allowed the Treasury Department to produce 12 notes per
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caused the government to cease redeeming the Demand Notes as coins.
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driven even silver coinage out of circulation. As a result of this
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million per month thereafter. This he proceeded to do until only
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of notes, the Second Legal Tender Act, in taking the total from
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By the 1930s, this obligation would eventually be shortened to:
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Like all U.S. currency, United States Notes were produced in a
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of the same denominations with the distinction of having red
111:
They were originally issued directly into circulation by the
2702:, with only the lone remaining Democrat, Field, dissenting. 887:
Complete type set of United States Notes (aka Legal Tender)
289:—the paper currency soon to be known as "greenbacks". 3444:"Monthly Statement of the Public Debt of the United States" 2845: 2841: 39: 3583:
U.S. Treasury Dept. information about United States Notes
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Recollections of President Lincoln and His Administration
2868:), the size of modern U.S. currency. Each measurement is 604:
bills was discontinued in August 1966, and replaced with
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http://www.panix.com/~clay/currency/catalog-numbers.html
2908:, Clifton, NJ, The Coin & Currency Institute, Inc. 2550:
As of December 2012, the U.S. Treasury calculates that
643: 491:β€”and thus they had at their discretion a "reserve" of 463:
million of the Greenbacks within six months and up to
232:'s Mill" at left to flood the country with Greenbacks. 3311:. U.S. Government Printing Office. 1928. p. 105. 2740: 2474:
United States Notes – Small-size issue, Series 1966
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United States Notes – Small-size issue, Series 1963
2250:
United States Notes – Small-size issue, Series 1953
2545: 357:, enacted March 3, 1863, had expanded the limit to 199:to raise money via the issuance of $ 50,000,000 in 3477: 2466: 2354: 2242: 2089: 673:(blue) super-imposed on bottom left 1928-size note 408:, which accounted for up to half of the currency. 3348:"Historical Legislation - Riegle Improvement Act" 2805:While the three Legal Tender Acts had authorized 2608:views were underrepresented. After the war, the 4516: 3648:Canceled denominations of United States currency 3484:(20th ed.). Coin & Currency Institute. 3478:Friedberg, Arthur L.; Friedberg, Ira S. (2013). 3149:Studenski, Paul; Krooss, Hermand Edward (1952). 567: 3567:"On Greenbacks, Free Silver, and Free Banking," 2787:History of central banking in the United States 3340: 2906:Paper Money of the United States, 18th Edition 483:maintained that, though Congress had mandated 3961: 3603: 3279:, 7th edition, Port Clinton, Ohio: BNR Press 3277:The Comprehensive Catalog of U.S. Paper Money 3275:Hessler, Gene and Chambliss, Carlson (2006). 3181: 3179: 3108:The Way to Outdo England Without Fighting Her 2684:, to reverse Hepburn, 5–4, in the 1871 cases 475:During the early 1870s, Treasury Secretaries 3308:Treasury Department Appropriation Bill, 1929 2938: 2936: 2934: 2932: 2672:, who joined the three sitting Republicans, 126:United States Notes that were issued in the 4545:1971 disestablishments in the United States 3619:Obsolete United States currency and coinage 3549:Chicago: University of Chicago Press, 1903. 3200: 2578:The United States Notes were introduced as 2573: 552:provided for the needed flexibility by the 495:. While the Senate Finance Committee under 3968: 3954: 3610: 3596: 3176: 3050: 3023: 2427: 882:Large-size United States Notes (1862–1923) 424:Legal Tender depicting military explorers 3715: 3249: 3247: 3245: 3143: 3007: 2929: 854:, most of which were released in 1948 in 499:disagreed, being of the opinion that the 404:was founded on July 5, 1865, to minimize 277:". Despite strong opposition, President 228:of the Lincoln administration operating " 164:Union (American Civil War) Β§ Economy 4540:1862 establishments in the United States 3254:U.S. Treasury – FAQ: Legal Tender Status 3228:The National Balance Sheet; It Includes 3210:, Atlanta, Georgia: Whitman Publishing. 3206:Bowers, Q. David; David Sundman (2006). 3189:, Chicago: University of Chicago Press. 3117: 3115: 3039: 2985:Battle cry of freedom: the Civil War era 2955:, Harper & Brothers, New York, 1891. 826:On small-sized United States Notes, the 664: 640:United States Notes had been destroyed. 415: 215: 211: 178: 38: 4029:Maryland Tobacco Inspection Act of 1747 3517: 3498: 3129:, Rand McNally & Co, Chicago, 1881. 2989:. New York, NY: Oxford University Press 2904:Friedberg, Arthur L. and Ira S., 2006, 608:Federal Reserve Notes and, eventually, 292:Initially, the emission was limited to 194:United States Secretary of the Treasury 91:. During the early 1860s the so-called 14: 4517: 3258: 3242: 3232:of Debits Which Might Well Be Dropped" 3151:Financial History of the United States 3004:(p.29). Buffalo, NY: Express Printing. 3949: 3591: 3112: 3087:Federal Reserve Bank of San Francisco 2876:) to account for margins and cutting. 79:", a name inherited from the earlier 3997:Monetary policy of the United States 3981:central banking in the United States 3520:U.S. Essay, Proof and Specimen Notes 3208:100 GREATEST AMERICAN CURRENCY NOTES 574:private ownership of gold was banned 519:, and in January 1875, approved the 95:on the reverse of the notes stated: 55:and a large red spiked Treasury seal 4279:New York Clearing House Association 3643:History of the United States dollar 712:inches and later issues were to be 644:Comparison to Federal Reserve Notes 449:Secretary of the Treasury McCulloch 188:During 1861, the first year of the 24: 4091:Article I of the U.S. Constitution 3537: 3106:Carey, Henry Charles (March 1865) 2654:Chief Justice of the United States 2601:from the Congress, and thus their 660: 25: 4556: 3576: 3358:, U.S. Department of the Treasury 2964:D.S. & Heidler, J.T. (2000). 652:have been legal tender since the 411: 51:seal, and the $ 10 note displays 4185:Second Bank of the United States 3811:one-hundred-thousand-dollar bill 3356:Bureau of Engraving and Printing 3323:"Chronology of Large-Size Notes" 2771: 2757: 2743: 2721:During the 1870s and 1880s, the 2558:, excludes this amount from the 2546:Public debt of the United States 2524:155.956 mm Γ— 66.294 mm 2506: 2445:155.956 mm Γ— 66.294 mm 2407:155.956 mm Γ— 66.294 mm 2333:155.956 mm Γ— 66.294 mm 2300:155.956 mm Γ— 66.294 mm 2282: 2221:155.956 mm Γ— 66.294 mm 2203: 2183:155.956 mm Γ— 66.294 mm 2165: 2147:155.956 mm Γ— 66.294 mm 2129: 2071: 2042: 2013: 1984: 1929: 1900: 1871: 1840: 1811: 1782: 1753: 1724: 1695: 1666: 1637: 1608: 1577: 1548: 1519: 1490: 1463: 1434: 1401: 1372: 1343: 1314: 1281: 1252: 1223: 1194: 1155: 1126: 1097: 1068: 1039: 1010: 981: 952: 921: 394:Compound Interest Treasury Notes 115:to pay expenses incurred by the 75:. They were known popularly as " 4343:Compound interest treasury note 4128:First Bank of the United States 3839:Compound interest treasury note 3786:Large denominations of currency 3436: 3427: 3418: 3409: 3400: 3391: 3382: 3370: 3315: 3299: 3290: 3269: 3221: 3164: 3132: 3100: 3075: 3066: 2879: 2832: 2799: 2467:Series 1966 United States Notes 2355:Series 1963 United States Notes 2243:Series 1953 United States Notes 2090:Series 1928 United States Notes 222:1864 U.S. presidential election 168: 4535:Banknotes of the United States 4067:Continental currency banknotes 3924:Black Eagle Silver Certificate 3185:Timberlake, Richard H.(1993). 2992: 2975: 2958: 2945: 2918: 2898: 13: 1: 4435:Specie Payment Resumption Act 4180:Banking in the Jacksonian Era 3471: 3153:, New York, NY: McGraw-Hill. 2862:6.125 in Γ— 2.625 in 2597:when southern Democrats were 2520:6.140 in Γ— 2.610 in 2441:6.140 in Γ— 2.610 in 2403:6.140 in Γ— 2.610 in 2329:6.140 in Γ— 2.610 in 2296:6.140 in Γ— 2.610 in 2217:6.140 in Γ— 2.610 in 2179:6.140 in Γ— 2.610 in 2143:6.140 in Γ— 2.610 in 648:Both United States Notes and 568:End of the United States Note 521:Specie Payment Resumption Act 379:Anti-Gold Futures Act of 1864 269:armies', and 'to provide and 220:A political cartoon from the 30:For the current US note, see 4497:National Monetary Commission 3894:Treasury Note (19th century) 3376:Friedberg numbering system, 2792: 2505: 2426: 2393: 2319: 2281: 2202: 2164: 2128: 247:National Banking Act of 1863 206:suspension of specie payment 7: 4473:Sherman Silver Purchase Act 4205:New York Safety Fund System 4079:U.S. Finance Superintendent 4055:Second Continental Congress 3822:Discontinued currency types 2972:. New York, NY: W.W. Norton 2736: 2562:of the United States. The 562:Federal Reserve Act of 1913 443:, some economists, such as 10: 4561: 3904:United States postal notes 3774:Discontinued denominations 2473: 2361: 2249: 2096: 172: 161: 157: 29: 4381:2nd Industrial Revolution 4379: 4371:Public Credit Act of 1869 4257:Independent U.S. Treasury 4227: 4045:1st Industrial Revolution 4043: 4005: 3992: 3916: 3849:Federal Reserve Bank Note 3821: 3801:five-thousand-dollar bill 3773: 3766: 3656: 3625: 3522:(2 ed.). BNR Press. 2490: 2487: 2484: 2481: 2478: 2378: 2375: 2372: 2369: 2366: 2266: 2263: 2260: 2257: 2254: 2113: 2110: 2107: 2104: 2101: 2058: 2029: 2000: 1971: 1947: 1916: 1887: 1858: 1827: 1798: 1769: 1740: 1711: 1682: 1653: 1624: 1595: 1564: 1535: 1506: 1477: 1450: 1421: 1388: 1359: 1330: 1301: 1268: 1239: 1210: 1181: 1142: 1113: 1084: 1055: 1026: 997: 968: 939: 908: 903: 900: 897: 894: 891: 396:, and the passage of the 4296:Legal Tender Act of 1862 4109:U.S. Treasury Department 3806:ten-thousand-dollar bill 3796:one-thousand-dollar bill 3791:five-hundred-dollar bill 2999:Spaulding, E.G. (1869). 2892: 2866:156 mm Γ— 67 mm 2727:quantity theory of money 2712:National Gold Bank Notes 2574:Politics and controversy 2556:debt ceiling legislation 481:William Adams Richardson 457:House of Representatives 349:; however, by 1863, the 4411:National Gold Bank Note 4366:Contraction Act of 1866 4115:U.S. Treasury Secretary 3874:National Gold Bank Note 3829:Early American currency 3543:Wesley Clair Mitchell, 3173:Retrieved May 30, 2009. 3171:The Greenback Question. 3121:"United States Notes", 2829:ceiling were available. 351:Second Legal Tender Act 4122:U.S. Treasury security 4023:Tobacco Inspection Act 3518:Hessler, Gene (2004). 3499:Hessler, Gene (1993). 2587:United States Congress 2160:Stylized "One Dollar" 836:Federal Reserve System 674: 436: 355:Third Legal Tender Act 330:unlimited legal tender 283:First Legal Tender Act 233: 185: 109: 101: 56: 4466:Juilliard v. Greenman 4459:Refunding Certificate 4325:National banks system 4319:Interest bearing note 4198:McCulloch v. Maryland 4085:Bank of North America 4061:U.S. dollar banknotes 4007:Commercial Revolution 3889:Treasury or Coin Note 3879:Refunding Certificate 3864:Interest bearing note 3859:Hawaii overprint note 3633:United States coinage 3433:Hessler, 2004, p. 36. 3424:Hessler, 2004, p. 28. 3415:Hessler, 2004, p. 27. 3406:Hessler, 2004, p. 22. 3397:Hessler, 2004, p. 20. 3388:Hessler, 2004, p. 24. 3327:www.uspapermoney.info 2699:Juilliard v. Greenman 1705:Vignette spread eagle 1169:(Owen G. Hanks, eng; 668: 650:Federal Reserve Notes 586:Federal Reserve Notes 558:Federal Reserve Notes 419: 243:Elbridge G. Spaulding 219: 212:The Legal Tender Acts 182: 132:Federal Reserve Notes 105: 97: 42: 4491:Aldrich–Vreeland Act 4406:Currency Act of 1870 4073:Bank of Pennsylvania 3834:Continental currency 3638:United States dollar 3572:, December 14, 1889. 3239:May 24, 1903, Sunday 2779:United States portal 2731:Free Silver movement 2560:statutory debt limit 671:Federal Reserve Note 550:Aldrich–Vreeland Act 398:National Banking Act 73:Federal Reserve Note 47:and a red scalloped 32:Federal Reserve Note 4503:Federal Reserve Act 4425:Coinage Act of 1873 4399:Hepburn v. Griswold 4349:Coinage Act of 1864 4307:Fractional currency 4285:Coinage Act of 1857 4274:Coinage Act of 1853 4263:Coinage Act of 1849 4217:Coinage Act of 1834 4134:Coinage Act of 1792 3781:Fractional currency 2621:Hepburn v. Griswold 2516:United States Note 2437:United States Note 2399:United States Note 2325:United States Note 2292:United States Note 2213:United States Note 2175:United States Note 2139:United States Note 1943:(Charles Schlecht) 1911:Joseph K. Mansfield 1882:Joseph K. Mansfield 1707:(Joseph P. Ourdan) 1591:(Joseph P. Ourdan) 1295:(Frederick Girsch); 935:(Joseph P. Ourdan) 888: 582:silver certificates 578:National Bank Notes 508:in response to the 445:Henry Charles Carey 226:Secretary Fessenden 136:U.S. Treasury Seals 18:United States Notes 4453:Silver certificate 4392:Legal Tender Cases 4331:National Bank Note 4313:National Bank Acts 4301:United States Note 4139:United States Mint 3899:United States Note 3884:Silver certificate 3869:National Bank Note 3735:Three-dollar piece 2951:Chittenden, L.E., 2765:Numismatics portal 2660:appointed two new 2615:Legal Tender Cases 1588:Alexander Hamilton 1559:Alexander Hamilton 1530:Alexander Hamilton 1501:Alexander Hamilton 1176:Alexander Hamilton 1050:Alexander Hamilton 886: 858:, and an issue of 828:U.S. Treasury Seal 675: 560:authorized by the 554:National Bank Note 546:Theodore Roosevelt 477:George S. Boutwell 441:American Civil War 439:At the end of the 437: 234: 190:American Civil War 186: 121:American Civil War 63:, also known as a 61:United States Note 57: 45:Alexander Hamilton 4512: 4511: 4485:Gold Standard Act 4447:Bland–Allison Act 4441:Twenty-cent piece 4360:Three-cent nickel 4268:Three-cent silver 4145:U.S. dollar coins 3943: 3942: 3912: 3911: 3762: 3761: 3755:(1850–1933; 2009) 3706:Twenty-cent piece 3694:Three-cent silver 3688:Three-cent nickel 3491:978-0-87184-520-7 3456:on March 10, 2013 3352:www.bep.treas.gov 3195:978-0-226-80384-5 3123:John Joseph Lalor 3029:ch. 142, 12  2708:gold certificates 2706:paper money were 2591:Legal Tender Acts 2566:million excludes 2543: 2542: 2538:Independence Hall 2533:Benjamin Franklin 2464: 2463: 2352: 2351: 2240: 2239: 2156:George Washington 2087: 2086: 1851:John Quincy Adams 1677:Benjamin Franklin 1648:Benjamin Franklin 1021:George Washington 992:George Washington 963:George Washington 93:second obligation 65:Legal Tender Note 16:(Redirected from 4552: 4337:Gold certificate 3970: 3963: 3956: 3947: 3946: 3929:Brasher Doubloon 3854:Gold certificate 3771: 3770: 3713: 3712: 3612: 3605: 3598: 3589: 3588: 3533: 3514: 3495: 3466: 3465: 3463: 3461: 3455: 3448: 3440: 3434: 3431: 3425: 3422: 3416: 3413: 3407: 3404: 3398: 3395: 3389: 3386: 3380: 3374: 3368: 3367: 3365: 3363: 3344: 3338: 3337: 3335: 3333: 3319: 3313: 3312: 3303: 3297: 3296:Friedberg, p. 7. 3294: 3288: 3273: 3267: 3262: 3256: 3251: 3240: 3231: 3225: 3219: 3204: 3198: 3183: 3174: 3168: 3162: 3147: 3141: 3136: 3130: 3119: 3110: 3104: 3098: 3097: 3095: 3093: 3079: 3073: 3070: 3064: 3056:ch. 73, 12  3054: 3048: 3043: 3037: 3027: 3021: 3013:ch. 33, 12  3011: 3005: 2996: 2990: 2981:McPherson, J.M. 2979: 2973: 2962: 2956: 2949: 2943: 2940: 2927: 2922: 2916: 2902: 2886: 2883: 2877: 2875: 2871: 2867: 2863: 2859: 2848: 2836: 2830: 2828: 2824: 2820: 2816: 2812: 2808: 2803: 2781: 2776: 2775: 2774: 2767: 2762: 2761: 2760: 2753: 2748: 2747: 2746: 2626:Legal Tender Act 2589:had enacted the 2569: 2565: 2553: 2525: 2521: 2510: 2471: 2470: 2459:Lincoln Memorial 2446: 2442: 2431: 2416:Thomas Jefferson 2408: 2404: 2359: 2358: 2347:Lincoln Memorial 2334: 2330: 2309:Thomas Jefferson 2301: 2297: 2286: 2247: 2246: 2235:Lincoln Memorial 2222: 2218: 2207: 2192:Thomas Jefferson 2184: 2180: 2169: 2148: 2144: 2133: 2094: 2093: 2080: 2075: 2061: 2051: 2046: 2032: 2022: 2017: 2003: 1993: 1988: 1974: 1964: 1950: 1938: 1933: 1919: 1909: 1904: 1890: 1880: 1875: 1861: 1849: 1844: 1830: 1820: 1815: 1801: 1791: 1786: 1772: 1762: 1757: 1743: 1733: 1728: 1714: 1704: 1699: 1685: 1675: 1670: 1656: 1646: 1641: 1627: 1617: 1612: 1598: 1586: 1581: 1567: 1557: 1552: 1538: 1528: 1523: 1509: 1499: 1494: 1480: 1472: 1467: 1453: 1443: 1438: 1424: 1410: 1405: 1391: 1381: 1376: 1362: 1352: 1347: 1333: 1323: 1318: 1304: 1290: 1285: 1271: 1261: 1256: 1242: 1232: 1227: 1213: 1203: 1198: 1184: 1164: 1159: 1145: 1137:Thomas Jefferson 1135: 1130: 1116: 1108:Thomas Jefferson 1106: 1101: 1087: 1079:Thomas Jefferson 1077: 1072: 1058: 1048: 1043: 1029: 1019: 1014: 1000: 990: 985: 971: 961: 956: 942: 930: 925: 911: 889: 885: 873: 869: 865: 861: 849: 845: 841: 822: 818: 810: 806: 802: 798: 794: 790: 786: 782: 778: 771: 770: 766: 763: 758: 755: 754: 750: 747: 741: 740: 736: 733: 728: 725: 724: 720: 717: 711: 710: 706: 703: 698: 695: 694: 690: 687: 639: 635: 631: 627: 619: 615: 611: 607: 603: 599: 534: 530: 526: 518: 507: 502: 494: 490: 486: 470: 466: 462: 426:Meriwether Lewis 423: 390:Interest Bearing 387: 386:$ 447,300,203.10 360: 348: 335:Thaddeus Stevens 322: 295: 276: 255: 21: 4560: 4559: 4555: 4554: 4553: 4551: 4550: 4549: 4530:Monetary reform 4515: 4514: 4513: 4508: 4383: 4375: 4251:Forstall System 4245:Wildcat banking 4231: 4223: 4157:1792 half disme 4047: 4039: 4017:Bills of credit 4009: 4001: 3988: 3977:Monetary policy 3974: 3944: 3939: 3908: 3817: 3758: 3711: 3652: 3621: 3616: 3579: 3540: 3538:Further reading 3530: 3511: 3492: 3474: 3469: 3459: 3457: 3453: 3446: 3442: 3441: 3437: 3432: 3428: 3423: 3419: 3414: 3410: 3405: 3401: 3396: 3392: 3387: 3383: 3375: 3371: 3361: 3359: 3346: 3345: 3341: 3331: 3329: 3321: 3320: 3316: 3305: 3304: 3300: 3295: 3291: 3274: 3270: 3263: 3259: 3252: 3243: 3229: 3226: 3222: 3205: 3201: 3184: 3177: 3169: 3165: 3148: 3144: 3137: 3133: 3120: 3113: 3105: 3101: 3091: 3089: 3081: 3080: 3076: 3071: 3067: 3055: 3051: 3044: 3040: 3028: 3024: 3012: 3008: 2997: 2993: 2980: 2976: 2963: 2959: 2950: 2946: 2941: 2930: 2923: 2919: 2903: 2899: 2895: 2890: 2889: 2884: 2880: 2873: 2869: 2865: 2861: 2850: 2839: 2837: 2833: 2826: 2822: 2818: 2814: 2810: 2806: 2804: 2800: 2795: 2777: 2772: 2770: 2763: 2758: 2756: 2749: 2744: 2742: 2739: 2723:Greenback Party 2693:Parker v. Davis 2658:President Grant 2576: 2567: 2563: 2551: 2548: 2523: 2519: 2495:Obverse/Reverse 2469: 2454:Abraham Lincoln 2444: 2440: 2406: 2402: 2383:Obverse/Reverse 2357: 2342:Abraham Lincoln 2332: 2328: 2299: 2295: 2271:Obverse/Reverse 2245: 2230:Abraham Lincoln 2220: 2216: 2182: 2178: 2146: 2142: 2118:Obverse/Reverse 2092: 2078: 2059: 2049: 2030: 2020: 2001: 1991: 1972: 1962: 1948: 1942: 1936: 1917: 1907: 1888: 1878: 1859: 1854:(Charles Burt) 1853: 1847: 1828: 1822:Albert Gallatin 1818: 1799: 1793:Abraham Lincoln 1789: 1770: 1764:Abraham Lincoln 1760: 1741: 1735:Abraham Lincoln 1731: 1712: 1706: 1702: 1683: 1673: 1654: 1644: 1625: 1615: 1596: 1590: 1584: 1565: 1555: 1536: 1526: 1507: 1497: 1478: 1470: 1451: 1441: 1422: 1408: 1389: 1379: 1360: 1350: 1331: 1321: 1302: 1296: 1294: 1292:Abraham Lincoln 1288: 1269: 1259: 1240: 1230: 1211: 1201: 1182: 1174: 1171:Thomas Crawford 1168: 1162: 1143: 1133: 1114: 1104: 1085: 1075: 1056: 1046: 1027: 1017: 998: 988: 969: 959: 940: 934: 932:Salmon P. Chase 928: 909: 884: 871: 867: 863: 859: 847: 843: 839: 820: 816: 808: 804: 800: 796: 792: 788: 784: 780: 776: 768: 764: 761: 759: 756: 752: 748: 745: 743: 738: 734: 731: 729: 726: 722: 718: 715: 713: 708: 704: 701: 699: 696: 692: 688: 685: 683: 663: 661:Characteristics 646: 637: 633: 629: 625: 617: 613: 609: 605: 601: 597: 570: 532: 528: 524: 516: 505: 500: 492: 488: 484: 468: 464: 460: 421: 420:Series of 1901 414: 385: 358: 346: 320: 293: 279:Abraham Lincoln 274: 263:necessary means 253: 214: 197:Salmon P. Chase 177: 171: 166: 160: 67:, is a type of 35: 28: 23: 22: 15: 12: 11: 5: 4558: 4548: 4547: 4542: 4537: 4532: 4527: 4525:Freiwirtschaft 4510: 4509: 4507: 4506: 4500: 4494: 4488: 4482: 4476: 4470: 4462: 4456: 4450: 4444: 4438: 4432: 4427: 4422: 4414: 4408: 4403: 4395: 4387: 4385: 4377: 4376: 4374: 4373: 4368: 4363: 4357: 4354:Two-cent piece 4351: 4346: 4340: 4334: 4333:(1863–c. 1930) 4328: 4322: 4316: 4310: 4304: 4298: 4293: 4287: 4282: 4276: 4271: 4265: 4260: 4254: 4248: 4242: 4235: 4233: 4225: 4224: 4222: 4221: 4220: 4219: 4214: 4208: 4202: 4194: 4188: 4177: 4171: 4165: 4159: 4154: 4148: 4142: 4136: 4131: 4125: 4124:(1789–present) 4119: 4118: 4117: 4106: 4105: 4104: 4099: 4088: 4082: 4076: 4070: 4064: 4058: 4051: 4049: 4041: 4040: 4038: 4037: 4031: 4026: 4020: 4019:(c. 1690–1750) 4013: 4011: 4003: 4002: 4000: 3999: 3993: 3990: 3989: 3973: 3972: 3965: 3958: 3950: 3941: 3940: 3938: 3937: 3932: 3926: 3920: 3918: 3914: 3913: 3910: 3909: 3907: 3906: 3901: 3896: 3891: 3886: 3881: 3876: 3871: 3866: 3861: 3856: 3851: 3846: 3841: 3836: 3831: 3825: 3823: 3819: 3818: 3816: 3815: 3814: 3813: 3808: 3803: 3798: 3793: 3783: 3777: 3775: 3768: 3764: 3763: 3760: 3759: 3757: 3756: 3750: 3744: 3738: 3732: 3726: 3719: 3717: 3710: 3709: 3703: 3697: 3691: 3685: 3682:Two-cent piece 3679: 3673: 3667: 3660: 3658: 3654: 3653: 3651: 3650: 3645: 3640: 3635: 3629: 3627: 3623: 3622: 3615: 3614: 3607: 3600: 3592: 3586: 3585: 3578: 3577:External links 3575: 3574: 3573: 3565:Henry George, 3563: 3550: 3539: 3536: 3535: 3534: 3528: 3515: 3509: 3496: 3490: 3473: 3470: 3468: 3467: 3435: 3426: 3417: 3408: 3399: 3390: 3381: 3369: 3339: 3314: 3298: 3289: 3268: 3257: 3241: 3236:New York Times 3220: 3199: 3175: 3163: 3142: 3131: 3111: 3099: 3074: 3065: 3049: 3038: 3022: 3006: 2991: 2974: 2957: 2944: 2928: 2917: 2896: 2894: 2891: 2888: 2887: 2878: 2831: 2797: 2796: 2794: 2791: 2790: 2789: 2783: 2782: 2768: 2754: 2738: 2735: 2632:on the Court, 2595:U.S. Civil War 2575: 2572: 2547: 2544: 2541: 2540: 2535: 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4369: 4367: 4364: 4361: 4358: 4355: 4352: 4350: 4347: 4344: 4341: 4338: 4335: 4332: 4329: 4326: 4323: 4320: 4317: 4314: 4311: 4308: 4305: 4302: 4299: 4297: 4294: 4291: 4288: 4286: 4283: 4280: 4277: 4275: 4272: 4269: 4266: 4264: 4261: 4258: 4255: 4252: 4249: 4246: 4243: 4240: 4237: 4236: 4234: 4230: 4229:Civil War Era 4226: 4218: 4215: 4212: 4209: 4206: 4203: 4200: 4199: 4195: 4192: 4189: 4186: 4183: 4182: 4181: 4178: 4175: 4174:Treasury Note 4172: 4169: 4166: 4163: 4160: 4158: 4155: 4152: 4149: 4146: 4143: 4140: 4137: 4135: 4132: 4129: 4126: 4123: 4120: 4116: 4112: 4111: 4110: 4107: 4103: 4100: 4098: 4094: 4093: 4092: 4089: 4086: 4083: 4080: 4077: 4074: 4071: 4068: 4065: 4062: 4059: 4056: 4053: 4052: 4050: 4046: 4042: 4035: 4034:Currency Acts 4032: 4030: 4027: 4024: 4021: 4018: 4015: 4014: 4012: 4008: 4004: 3998: 3995: 3994: 3991: 3986: 3982: 3978: 3971: 3966: 3964: 3959: 3957: 3952: 3951: 3948: 3936: 3933: 3930: 3927: 3925: 3922: 3921: 3919: 3915: 3905: 3902: 3900: 3897: 3895: 3892: 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BNR Press. 3502: 3497: 3493: 3487: 3483: 3482: 3476: 3475: 3452: 3445: 3439: 3430: 3421: 3412: 3403: 3394: 3385: 3379: 3373: 3357: 3353: 3349: 3343: 3328: 3324: 3318: 3310: 3309: 3302: 3293: 3286: 3285:0-931960-66-5 3282: 3278: 3272: 3266: 3261: 3255: 3250: 3248: 3246: 3238: 3237: 3233: 3224: 3217: 3216:0-7948-2006-9 3213: 3209: 3203: 3196: 3192: 3188: 3182: 3180: 3172: 3167: 3160: 3159:1-58798-175-0 3156: 3152: 3146: 3140: 3135: 3128: 3124: 3118: 3116: 3109: 3103: 3088: 3084: 3078: 3069: 3063: 3059: 3053: 3047: 3042: 3036: 3032: 3026: 3020: 3016: 3010: 3003: 3002: 2995: 2988: 2986: 2978: 2971: 2969: 2961: 2954: 2948: 2939: 2937: 2935: 2933: 2926: 2921: 2915: 2914:0-87184-518-0 2911: 2907: 2901: 2897: 2882: 2870:Β±0.08 in 2858: 2854: 2847: 2844:Γ— 3.125  2843: 2835: 2827:$ 450,000,000 2823:$ 400,000,000 2817:had reserved 2815:$ 300,000,000 2811:$ 150,000,000 2807:$ 450,000,000 2802: 2798: 2788: 2785: 2784: 2780: 2769: 2766: 2755: 2752: 2741: 2734: 2732: 2728: 2724: 2719: 2717: 2713: 2709: 2703: 2701: 2700: 2695: 2694: 2689: 2688: 2683: 2679: 2675: 2671: 2667: 2663: 2659: 2655: 2651: 2647: 2643: 2639: 2635: 2631: 2627: 2623: 2622: 2617: 2616: 2612:ruled on the 2611: 2610:Supreme Court 2607: 2604: 2600: 2596: 2592: 2588: 2583: 2581: 2571: 2561: 2557: 2539: 2536: 2534: 2531: 2529:Green; Black 2528: 2518: 2515: 2512: 2509: 2504: 2500: 2497: 2494: 2493: 2477: 2472: 2460: 2457: 2455: 2452: 2450:Green; Black 2449: 2439: 2436: 2433: 2430: 2425: 2422: 2419: 2417: 2414: 2412:Green; Black 2411: 2401: 2398: 2395: 2392: 2388: 2385: 2382: 2381: 2365: 2360: 2348: 2345: 2343: 2340: 2338:Green; Black 2337: 2327: 2324: 2321: 2318: 2315: 2312: 2310: 2307: 2305:Green; Black 2304: 2294: 2291: 2288: 2285: 2280: 2276: 2273: 2270: 2269: 2253: 2248: 2236: 2233: 2231: 2228: 2226:Green; Black 2225: 2215: 2212: 2209: 2206: 2201: 2198: 2195: 2193: 2190: 2188:Green; Black 2187: 2177: 2174: 2171: 2168: 2163: 2159: 2157: 2154: 2152:Green; Black 2151: 2141: 2138: 2135: 2132: 2127: 2123: 2120: 2117: 2116: 2100: 2095: 2083: 2077: 2074: 2070: 2067: 2064: 2057: 2054: 2053:James Madison 2048: 2045: 2041: 2038: 2035: 2028: 2025: 2019: 2016: 2012: 2009: 2006: 1999: 1996: 1990: 1987: 1983: 1980: 1977: 1970: 1967: 1961: 1959: 1956: 1953: 1946: 1941: 1940:Robert Morris 1935: 1932: 1928: 1925: 1922: 1915: 1912: 1906: 1903: 1899: 1896: 1893: 1886: 1883: 1877: 1874: 1870: 1867: 1864: 1857: 1852: 1846: 1843: 1839: 1836: 1833: 1826: 1823: 1817: 1814: 1810: 1807: 1804: 1797: 1794: 1788: 1785: 1781: 1778: 1775: 1768: 1765: 1759: 1756: 1752: 1749: 1746: 1739: 1736: 1730: 1727: 1723: 1720: 1717: 1710: 1701: 1698: 1694: 1691: 1688: 1681: 1678: 1672: 1669: 1665: 1662: 1659: 1652: 1649: 1643: 1640: 1636: 1633: 1630: 1623: 1620: 1614: 1611: 1607: 1604: 1601: 1594: 1589: 1583: 1580: 1576: 1573: 1570: 1563: 1560: 1554: 1551: 1547: 1544: 1541: 1534: 1531: 1525: 1522: 1518: 1515: 1512: 1505: 1502: 1496: 1493: 1489: 1486: 1483: 1476: 1469: 1466: 1462: 1459: 1456: 1449: 1446: 1440: 1437: 1433: 1430: 1427: 1420: 1417: 1413: 1407: 1404: 1400: 1397: 1394: 1387: 1384: 1378: 1375: 1371: 1368: 1365: 1358: 1355: 1349: 1346: 1342: 1339: 1336: 1329: 1326: 1320: 1317: 1313: 1310: 1307: 1300: 1293: 1287: 1284: 1280: 1277: 1274: 1267: 1264: 1258: 1255: 1251: 1248: 1245: 1238: 1235: 1229: 1226: 1222: 1219: 1216: 1209: 1206: 1200: 1197: 1193: 1190: 1187: 1180: 1177: 1172: 1167: 1161: 1158: 1154: 1151: 1148: 1141: 1138: 1132: 1129: 1125: 1122: 1119: 1112: 1109: 1103: 1100: 1096: 1093: 1090: 1083: 1080: 1074: 1071: 1067: 1064: 1061: 1054: 1051: 1045: 1042: 1038: 1035: 1032: 1025: 1022: 1016: 1013: 1009: 1006: 1003: 996: 993: 987: 984: 980: 977: 974: 967: 964: 958: 955: 951: 948: 945: 938: 933: 927: 924: 920: 917: 914: 907: 890: 879: 875: 857: 853: 850:notes in the 837: 833: 829: 824: 814: 813:Rainbow Notes 773: 680: 672: 667: 658: 655: 651: 641: 621: 595: 594:fiat currency 591: 587: 583: 579: 575: 565: 563: 559: 555: 551: 547: 543: 542:Panic of 1907 537: 533:$ 346,681,016 529:$ 346,681,016 525:$ 300,000,000 522: 517:$ 382,000,000 513: 511: 510:Panic of 1873 506:$ 382,000,000 501:$ 356,000,000 498: 489:$ 400,000,000 485:$ 356,000,000 482: 478: 473: 469:$ 356,000,000 458: 454: 453:gold standard 450: 446: 442: 435: 431: 430:William Clark 427: 418: 409: 407: 403: 399: 395: 391: 382: 380: 376: 372: 371:Gresham's law 368: 364: 359:$ 450,000,000 356: 352: 347:$ 150,000,000 343: 342:during 1933. 340: 336: 331: 325: 323: 316: 312: 308: 304: 300: 294:$ 150,000,000 290: 288: 284: 280: 272: 268: 264: 260: 250: 248: 244: 240: 231: 227: 223: 218: 209: 207: 202: 198: 195: 191: 181: 176: 165: 155: 153: 149: 144: 141: 137: 133: 129: 124: 122: 118: 114: 113:U.S. Treasury 108: 104: 100: 96: 94: 90: 89:fiat currency 86: 82: 78: 74: 70: 66: 62: 54: 50: 46: 41: 37: 33: 19: 4464: 4416: 4397: 4390: 4315:(1863; 1864) 4300: 4239:Free banking 4196: 4191:Suffolk Bank 4097:Section VIII 4036:(1751; 1764) 3898: 3753:Double eagle 3570:The Standard 3569: 3556: 3545: 3519: 3500: 3480: 3458:. Retrieved 3451:the original 3438: 3429: 3420: 3411: 3402: 3393: 3384: 3372: 3360:. Retrieved 3351: 3342: 3330:. Retrieved 3326: 3317: 3307: 3301: 3292: 3276: 3271: 3260: 3234: 3230:$ 71,000,000 3223: 3207: 3202: 3186: 3166: 3150: 3145: 3134: 3126: 3102: 3090:. Retrieved 3086: 3077: 3068: 3052: 3041: 3025: 3009: 3000: 2994: 2984: 2977: 2967: 2960: 2952: 2947: 2920: 2905: 2900: 2881: 2834: 2819:$ 50,000,000 2801: 2751:Money portal 2720: 2704: 2697: 2691: 2685: 2628:as the five 2625: 2619: 2613: 2590: 2584: 2577: 2549: 1703:Spread Eagle 876: 825: 812: 774: 676: 647: 622: 571: 544:, President 538: 514: 497:John Sherman 493:$ 44,000,000 474: 438: 383: 344: 338: 329: 326: 291: 287:legal tender 270: 266: 262: 258: 251: 235: 187: 169:Demand Notes 148:legal tender 145: 125: 110: 106: 102: 98: 92: 85:Demand Notes 76: 64: 60: 58: 36: 4499:(1909–1912) 4481:(1890–1891) 4461:(1879–1907) 4455:(1878–1964) 4443:(1875–1878) 4430:Free silver 4418:Knox v. Lee 4413:(1870–1875) 4384:(1870–1914) 4362:(1865–1889) 4356:(1864–1873) 4345:(1863–1864) 4339:(1863–1933) 4327:(1863–1913) 4321:(1863–1865) 4309:(1862–1876) 4303:(1862–1971) 4292:(1861–1862) 4290:Demand Note 4281:(1853–1863) 4270:(1851–1873) 4259:(1846–1913) 4253:(1842–1865) 4247:(1836–1865) 4241:(1836–1865) 4232:(1840–1870) 4213:, 1832–1836 4207:, 1829–1842 4193:, 1818–1858 4187:, 1816–1836 4176:(1812–1913) 4170:(1793–1857) 4164:(1793–1857) 4153:(1792–1873) 4141:(1792–1873) 4130:(1791–1811) 4113:1789–1913; 4095:1787–1788; 4087:(1781–1791) 4081:(1781–1785) 4075:(1780–1781) 4069:(1775–1779) 4057:(1776–1780) 4048:(1760–1840) 4010:(1607–1760) 3844:Demand Note 3749:(1795–1933) 3743:(1795–1929) 3737:(1854–1889) 3731:(1796–1929) 3725:(1849–1889) 3723:Gold dollar 3708:(1875–1878) 3702:(1792–1873) 3696:(1851–1873) 3690:(1865–1889) 3684:(1864–1873) 3678:(1793–1857) 3672:(1793–1857) 3553:Irwin Unger 3362:February 9, 3092:January 16, 2840:7.375  2687:Knox v. Lee 2662:Republicans 2593:during the 1297:Eagle; Art 856:Puerto Rico 679:large sized 654:gold recall 572:Soon after 281:signed the 175:Demand Note 119:during the 69:paper money 4519:Categories 4168:Large cent 3741:Half eagle 3716:Gold coins 3676:Large cent 3664:Half disme 3472:References 3460:January 8, 2855:Γ— 79  2716:California 2606:hard money 2603:Jacksonian 2580:fiat money 2488:Main Color 2485:Dimensions 2421:Monticello 2376:Main Color 2373:Dimensions 2314:Monticello 2264:Main Color 2261:Dimensions 2197:Monticello 2111:Main Color 2108:Dimensions 1619:Henry Clay 1018:Washington 989:Washington 960:Washington 319:$ 500 and 224:depicting 162:See also: 154:interest. 152:numismatic 128:large-size 81:greenbacks 77:greenbacks 4162:Half cent 4151:Half dime 4102:Section X 3935:Funnyback 3700:Half dime 3670:Half cent 2970:(p. 1168) 2966:Heidler, 2874:2 mm 2851:187  2793:Footnotes 2630:Democrats 2062:$ 10,000 1908:Mansfield 1879:Mansfield 1134:Jefferson 1105:Jefferson 1076:Jefferson 904:Portrait 432:, and an 375:inflation 259:necessity 4211:Bank War 3985:pre–1913 3767:Currency 2983:(1988). 2737:See also 2642:Clifford 2501:Reverse 2389:Reverse 2277:Reverse 2124:Reverse 2033:$ 5,000 2010:Fr.187k 2004:$ 1,000 1981:Fr.187a 1975:$ 1,000 1957:Fr.186f 1951:$ 1,000 1926:Fr.186e 1923:1862–63 1920:$ 1,000 1897:Fr.185l 1868:Fr.185b 1819:Gallatin 1808:Fr.183c 1805:1862–63 1689:1862–63 1674:Franklin 1645:Franklin 1585:Hamilton 1574:Fr.148a 1571:1862–63 1556:Hamilton 1527:Hamilton 1498:Hamilton 1473:Liberty 1460:Fr.126b 1457:1862–63 1275:1862–63 1163:Hamilton 1149:1862–63 1047:Hamilton 1033:1862–63 915:1862–63 830:and the 821:$ 10,000 271:maintain 49:Treasury 4147:(1792–) 4063:(1775–) 3917:Related 3332:June 6, 2987:(p.445) 2825:of the 2670:Bradley 2498:Obverse 2386:Obverse 2274:Obverse 2121:Obverse 2079:Jackson 2068:Fr.189 2050:Madison 2039:Fr.188 2021:Clinton 1992:Clinton 1963:Clinton 1837:Fr.184 1790:Lincoln 1779:Fr.181 1761:Lincoln 1750:Fr.171 1732:Lincoln 1721:Fr.168 1692:Fr.167 1663:Fr.164 1634:Fr.152 1605:Fr.151 1545:Fr.145 1516:Fr.128 1487:Fr.127 1471:Liberty 1442:Jackson 1431:Fr.123 1398:Fr.114 1380:Webster 1369:Fr.102 1351:Webster 1322:Webster 1289:Lincoln 1278:Fr.95b 1260:Jackson 1231:Jackson 1202:Jackson 1166:Freedom 1152:Fr.61a 918:Fr.16c 817:$ 5,000 809:$ 1,000 767:⁄ 751:⁄ 737:⁄ 721:⁄ 707:⁄ 691:⁄ 321:$ 1,000 267:support 241:banker 239:Buffalo 158:History 4505:(1913) 4493:(1908) 4487:(1900) 4475:(1890) 4469:(1884) 4449:(1878) 4437:(1875) 4421:(1871) 4402:(1870) 4201:, 1819 4025:(1730) 3931:(1787) 3666:(1792) 3626:Topics 3562:(1965) 3526:  3507:  3488:  3283:  3214:  3193:  3157:  3060:  3033:  3017:  2912:  2680:, and 2678:Miller 2674:Swayne 2666:Strong 2648:, and 2634:Nelson 2599:absent 2060:010000 2031:005000 2002:001000 1973:001000 1949:001000 1937:Morris 1918:001000 1891:$ 500 1889:000500 1862:$ 500 1860:000500 1831:$ 500 1829:000500 1802:$ 500 1800:000500 1773:$ 100 1771:000100 1744:$ 100 1742:000100 1715:$ 100 1713:000100 1686:$ 100 1684:000100 1655:000050 1626:000050 1597:000050 1566:000050 1537:000020 1508:000020 1479:000020 1452:000020 1423:000010 1414:& 1390:000010 1361:000010 1340:Fr.98 1332:000010 1311:Fr.96 1303:000010 1270:000010 1249:Fr.72 1241:000005 1220:Fr.68 1212:000005 1191:Fr.64 1183:000005 1173:, art) 1144:000005 1123:Fr.52 1115:000002 1094:Fr.47 1086:000002 1065:Fr.42 1057:000002 1036:Fr.41 1028:000002 1007:Fr.29 999:000001 978:Fr.27 970:000001 949:Fr.18 941:000001 910:000001 901:Image 898:Fr. # 892:Value 590:silver 455:. The 305:, and 273:a navy 83:, the 3747:Eagle 3657:Coins 3454:(PDF) 3447:(PDF) 3058:Stat. 3031:Stat. 3015:Stat. 2893:Notes 2682:Davis 2650:Chase 2646:Field 2638:Grier 2564:$ 239 2552:$ 239 2514:$ 100 2482:Value 2479:Image 2370:Value 2367:Image 2258:Value 2255:Image 2105:Value 2102:Image 2065:1878 2036:1878 2007:1880 1978:1878 1954:1869 1894:1880 1865:1875 1848:Adams 1834:1869 1776:1880 1747:1878 1718:1869 1660:1880 1657:$ 50 1631:1874 1628:$ 50 1602:1869 1599:$ 50 1568:$ 50 1542:1880 1539:$ 20 1513:1875 1510:$ 20 1484:1869 1481:$ 20 1454:$ 20 1428:1923 1425:$ 10 1416:Clark 1412:Lewis 1409:Lewis 1395:1901 1392:$ 10 1366:1880 1363:$ 10 1337:1875 1334:$ 10 1308:1869 1305:$ 10 1272:$ 10 1246:1880 1217:1875 1188:1869 1120:1880 1091:1875 1062:1869 1004:1880 975:1878 946:1869 929:Chase 895:Year 860:$ 100 805:$ 500 801:$ 100 638:$ 100 634:$ 100 630:$ 100 626:$ 100 618:$ 100 614:$ 100 315:$ 100 254:$ 150 230:Chase 184:added 117:Union 3979:and 3524:ISBN 3505:ISBN 3486:ISBN 3462:2013 3364:2015 3334:2009 3281:ISBN 3212:ISBN 3191:ISBN 3155:ISBN 3094:2022 2910:ISBN 2710:and 2690:and 2668:and 2585:The 2568:$ 25 1616:Clay 1243:$ 5 1214:$ 5 1185:$ 5 1146:$ 5 1117:$ 2 1088:$ 2 1059:$ 2 1030:$ 2 1001:$ 1 972:$ 1 943:$ 1 912:$ 1 872:$ 10 866:and 842:and 819:and 807:and 797:$ 50 793:$ 20 789:$ 10 600:and 479:and 461:$ 10 422:$ 10 392:and 365:and 311:$ 50 307:$ 20 303:$ 10 138:and 3062:709 3035:532 3019:345 2813:to 2435:$ 5 2397:$ 2 2323:$ 5 2290:$ 2 2211:$ 5 2173:$ 2 2137:$ 1 868:$ 5 864:$ 2 848:$ 1 844:$ 5 840:$ 2 785:$ 5 781:$ 2 777:$ 1 610:$ 2 606:$ 5 602:$ 5 598:$ 2 465:$ 4 367:$ 2 363:$ 1 339:all 299:$ 5 4521:: 3555:, 3354:. 3350:. 3325:. 3244:^ 3178:^ 3125:, 3114:^ 3085:. 2931:^ 2857:mm 2853:mm 2846:in 2842:in 2718:. 2676:, 2664:, 2644:, 2640:, 2636:, 2526:) 2447:) 2409:) 2335:) 2302:) 2223:) 2185:) 2149:) 803:, 799:, 795:, 791:, 787:, 783:, 779:, 760:13 757:Γ— 744:16 739:16 735:11 727:Γ— 723:16 709:64 697:Γ— 693:16 584:, 580:, 512:. 428:, 317:, 313:, 301:, 249:. 59:A 3987:) 3983:( 3969:e 3962:t 3955:v 3611:e 3604:t 3597:v 3560:. 3532:. 3513:. 3494:. 3464:. 3366:. 3336:. 3287:. 3218:. 3197:. 3161:. 3096:. 2872:( 2864:( 2849:( 2522:( 2443:( 2405:( 2331:( 2298:( 2219:( 2181:( 2145:( 769:4 765:1 762:+ 753:4 749:1 746:+ 732:+ 730:2 719:5 716:+ 714:6 705:9 702:+ 700:3 689:7 686:+ 684:7 275:' 34:. 20:)

Index

United States Notes
Federal Reserve Note

Alexander Hamilton
Treasury
Daniel Webster
paper money
Federal Reserve Note
greenbacks
Demand Notes
fiat currency
U.S. Treasury
Union
American Civil War
large-size
Federal Reserve Notes
U.S. Treasury Seals
serial numbers
legal tender
numismatic
Union (American Civil War) Β§ Economy
Demand Note

American Civil War
United States Secretary of the Treasury
Salmon P. Chase
Treasury Notes
suspension of specie payment

1864 U.S. presidential election

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