1862 $1 United States Legal Tender Note Fr. 16c

Description: 1862 $1 United States Legal Tender Note Fr. 16c - PCGS 25 The 1862 $1 United States Legal Tender Note (Fr. 16c) is a historic piece of American currency that showcases the unique designs of Civil War-era banknotes. Issued during a tumultuous time in U.S. history, this note is part of the Series of 1862 and was authorized by the U.S. Treasury to help finance the Union's efforts during the Civil War. This note features a striking portrait of Salmon P. Chase, the Secretary of the Treasury at the time, prominently displayed on the obverse. The reverse displays intricate vignettes, including a bold "One Dollar" inscription, with ornate flourishes and a distinctive red Treasury Seal, marking it as a Legal Tender Note. This designation meant the note could be used as a valid form of payment for all debts, public and private, despite being issued by the federal government instead of a bank. Graded PCGS 25, this note is in Fine condition, showing moderate wear but still retaining its original details and historic character. The note's edges and corners show some wear consistent with its age, but the paper quality remains intact, and the engraving details are still visible. Notes from this era are highly collectible due to their historical significance and relative rarity, especially in any condition. As an important piece of U.S. financial history, the 1862 $1 Legal Tender Note represents a crucial time in the nation's development and remains a prized item for collectors.

Price: 1023.75 USD

Location: Peoria, Arizona

End Time: 2025-01-03T19:33:44.000Z

Shipping Cost: 3.25 USD