1862 $1 Legal Tender Large Note - ULTRA RARE VINTAGE CURRENCY
Legal Tender Notes were a little different than Federal Reserve Notes in that the funding for them came right from the U. The distinctive feature of Legal Tender Notes are they usually have red seals and serial numbers to them. This note is so significant and rare because not only did they print a tiny number of them, but it is the very first type of the U. This note is so incredibly rare that even in low grades and condition, like this one, they are very valuable.
There were a few different versions of this note. The catalog version of it is the 17a. The note features Salmon P.
Chase on the obverse, who was Abraham Lincoln's treasury Secretary and later became the Chief Justice of the Supreme Court. Another of his claims to fame was he was the one who caused the motto "in God We Trust" to be added to all U. As you can see from the pics the note is in heavily circulated lower-grade, flat out beat up, shape. But even with the poor condition the red and green colors are distinguishable.
Clearly there are tears and rips to it, but all the key features of it are still identifiable. The lower condition of this note makes it affordable to fit into a currency collection. This is an amazing vintage Note great for any currency collection--and one that not many people have.
