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Executive Currency - Offering Rare Paper Money for the Connoisseur

 
$5 1861 DEMAND NOTE==Fr.1==NEW YORK==ULTRA-RARE TYPE==HISTORIC==PCGS FINE 12
 
$5 1861 DEMAND NOTE==Fr.1==NEW YORK==ULTRA-RARE TYPE==HISTORIC==PCGS FINE 12
Larger Image
$3,250.00
$2,995.00
 
 
Description:

$5 1861 DEMAND NOTE==Fr.1==NEW YORK==ULTRA-RARE TYPE==HISTORIC==PCGS FINE 12

 

 

 

 

 

DEMAND  NOTE

a FORERUNNER to the MONEY in YOUR POCKET

 

-à    insert auction description here

 

A VERY HISTORIC—and EMINENTLY COLLECTIBLE—SERIES of PAPER MONEY:

 

All were issued under the Congressional Acts of July 17 and August 5, 1861 which authorized denominations from $5-10-20

These are UNIQUE among US paper money, as the short issue does NOT have the Treasury seal or the names of the Treasury officials.

The obligation reads: “The United States promise to pay to the bearer ___ Dollars on Demand. Payable by the Assistant Treasurer of the United States at ________”

ALL are EXCEPTIONALLY RARE

No collection is complete without an example of a Demand Note—yet so few exist that not every collection can possibly contain one.

 

ALEXANDER  HAMILTON appears on the $5

ABRAHAM  LINCOLN appears on the $10

LIBERTY HOLDING a SHIELD appears on the $20

 

----------the $10 denomination is quite scarce-------

----------the $20 denomination is prohibitively rare, with a six-figure price tag-------

 

 

 

 

this sale contains a

CLASSIC DESIGN in UNITED STATES PAPER MONEY the:

 

DEMAND  NOTE

 

with denomination of

 

$5

 

series of 1861,

our nation’s FIRST PAPER MONEY and

the origin of the term GREENBACK

 

RED SERIAL NUMBERS and

HANDWRITTEN SIGNATURES

 

issued for redemption  at

 

NEW YORK

 

 

Fr. 1

 

 

both ATTRACTIVE and AFFORDABLE

 

 

an IMPORTANT  TYPE  NOTE

 

firmly entrenched in the minds of collectors that the mere mention of the name immediately conjures a mental image

 

this SPELL-BINDING SPECIMEN preserved in HIGHLY COLLECTIBLE CONDITION, suitable for even the fussiest of collectors as it was hand-selected as an above-average example for its technical grade

 

there are

 

BRILLIANT BLACK  INKS,

 

FOUR VERY NICE MARGINS for the issue

 

and DEEPLY IMPRESSED  IMAGES

 

 

destined to enhance any collection

 

our THIRTY YEARS of experience and TENS of MILLIONS of DOLLARS in SALES suggests that this note is NICER than AVERAGE for the assigned grade

 

independently authenticated and conservatively graded by PCGS

 

FINE 12,

 

Apparent with the comments “small edge splits; mounting remnants on back”

 

please study the hi-resolution image yourself

REFER to the SCAN to EVALUATE the CENTERING, INKS, ALIGNMENT,

to formulate an independent opinion as to the quality and suitability of the piece,

then use your own impression to decide the amount to bid

 

 

 

 

 

the note illustrated is the exact one you will receive

 

 

       
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