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Greysheet & CPG® PRICE GUIDE

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About This Series

The Greysheet Catalog (GSID) of the Legal Tender - Large series of Large Size Notes in the U.S. Currency contains 249 distinct entries with CPG® values between $0.20 and $510,000.00.
Legal tender notes, also called "United States notes," were first issued on March 10, 1862 and were produced in denominations ranging from $5 to $1,000. These notes were released in five different issues, with the first issue bearing two obligations � one on the obverse, and one of two types on the reverse.

The obverse obligation on the first issue reads, "The United States promise to pay to the bearer ["X"] dollars payable at the Treasury of the United States at New York." The first [reverse] obligation seen on the earlier First Issue notes reads, "This note is a legal tender for all debts, public and private, except duties on imports and interest on the public debt, and is exchangeable for U.S. six per cent twenty year bonds, redeemable at the pleasure of the United States after five years." The second obligation, seen on later First Issue notes, states, "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."

Second Issue and Third Issue legal tender issues, printed on August 1, 1862 and March 10, 1863, respectively, contain the second obligation of the First Issue. Second Issue printings were for the $1 and $2 denominations, while the Third Issue covers denominations ranging from $5 to $1,000.

Fourth Issue printings were authorized by the Congressional Act of March 3, 1863 and were issued for denominations ranging from $1 to $10,000 and encompass a range of series, including those dated 1869, 1874, 1878, 1880, 1907, 1917, and 1923. The Fifth Issue was authorized by the Legal Tender Acts of 1862 and 1863 and consists of only $10 notes under the Series of 1901.

Catalog Detail

  Legal Tender - Large Value Range Favorite
Legal Tender - Large Value Range  
1862 $1 Seal Type 2, No Monogram (Fr. 16)
$230.00
-
$36,000
$230.00 - $36,000
1862 $1 Seal Type 2, With Monogram (Fr. 16a)
$210.00
-
$12,000
$210.00 - $12,000
1862 $1 Seal Type 2, With Patent Date (Fr. 16b)
$260
-
$3,750
$260 - $3,750
1862 $1 Seal Type 2, No Patent Date (Fr. 16c)
$255
-
$17,500
$255 - $17,500
1862 $1 Seal Type 2, No Monogram, Patent Date (Fr. 16d)
$1,250
-
$8,750
$1,250 - $8,750
1862 $1 Seal Type 1 (Fr. 17)
$5,000
-
$36,000
$5,000 - $36,000
1862 $1 Seal Type 2 (Fr. 17a)
$195.00
-
$5,000
$195.00 - $5,000
1862 $1 Seal Type 2 (Fr. 17c)
$360
-
$2,150
$360 - $2,150

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1862 $1 Seal Type 1 (Fr. 17d)
$5,000
-
$14,500
$5,000 - $14,500
1869 $1 (Fr. 18)
$295
-
$24,000
$295 - $24,000
1874 $1 (Fr. 19)
$155.00
-
$24,000
$155.00 - $24,000
1875 $1 (Fr. 20)
$120.00
-
$8,250
$120.00 - $8,250
1875 $1 (Fr. 21)
$650
-
$11,500
$650 - $11,500
1875 $1 (Fr. 22)
$775
-
$27,500
$775 - $27,500
1875 $1 (Fr. 23)
$455
-
$12,000
$455 - $12,000
1875 $1 (Fr. 24)
$775
-
$36,000
$775 - $36,000
1875 $1 (Fr. 25)
$1,000
-
$17,000
$1,000 - $17,000
1875 $1 (Fr. 26)
$120.00
-
$9,000
$120.00 - $9,000
1878 $1 (Fr. 27)
$180.00
-
$9,500
$180.00 - $9,500
1880 $1 (Fr. 28)
$175.00
-
$8,750
$175.00 - $8,750
1880 $1 Engraved Reverse (Fr. 28a)
$2,500
-
$10,000
$2,500 - $10,000
1880 $1 (Fr. 29)
$130.00
-
$5,500
$130.00 - $5,500
1880 $1 (Fr. 30)
$165.00
-
$8,750
$165.00 - $8,750

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1880 $1 (Fr. 31)
$325
-
$24,000
$325 - $24,000
1880 $1 (Fr. 32)
$325
-
$14,500
$325 - $14,500
1880 $1 (Fr. 33)
$325
-
$24,000
$325 - $24,000
1880 $1 (Fr. 34)
$115.00
-
$6,250
$115.00 - $6,250
1880 $1 (Fr. 35)
$115.00
-
$4,750
$115.00 - $4,750
1917 $1 (Fr. 36)
$80.00
-
$2,500
$80.00 - $2,500
1917 $1 Replacement (Fr. 36*)
$130.00
-
$6,250
$130.00 - $6,250
1917 $1 (Fr. 37)
$55.00
-
$2,250
$55.00 - $2,250
1917 $1 (Fr. 37a)
$100.00
-
$4,500
$100.00 - $4,500
1917 $1 Replacement (Fr. 37*)
$115.00
-
$6,250
$115.00 - $6,250
1917 $1 (Fr. 38)
$70.00
-
$2,400
$70.00 - $2,400
1917 $1 Mule (Fr. 38m)
$75.00
-
$390
$75.00 - $390
1917 $1 Replacement (Fr. 38*)
$295
-
$5,250
$295 - $5,250
1917 $1 Mule, Replacement (Fr. 38m*)
-
 
1917 $1 (Fr. 39)
$70.00
-
$2,650
$70.00 - $2,650
1917 $1 Mule (Fr. 39m)
-
 
1917 $1 Replacement (Fr. 39*)
$295
-
$11,500
$295 - $11,500
1917 $1 Mule, Replacement (Fr. 39m*)
-
 
1923 $1 (Fr. 40)
$115.00
-
$7,000
$115.00 - $7,000

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1923 $1 Replacement (Fr. 40*)
$360
-
$9,500
$360 - $9,500
1862 $2 Seal Type 2 (Fr. 41)
$245.00
-
$30,000
$245.00 - $30,000
1862 $2 Seal Type 2 (Fr. 41a)
$390
-
$29,000
$390 - $29,000
1862 $2 Seal Type 2 (Fr. 41c)
$650
-
$6,250
$650 - $6,250
1869 $2 (Fr. 42)
$390
-
$41,000
$390 - $41,000
1874 $2 (Fr. 43)
$240.00
-
$15,500
$240.00 - $15,500
1874 $2 (Fr. 44)
$215.00
-
$11,500
$215.00 - $11,500
1875 $2 (Fr. 45)
$900
-
$21,500
$900 - $21,500
1875 $2 (Fr. 46)
$675
-
$38,500
$675 - $38,500
1875 $2 (Fr. 47)
$245.00
-
$7,500
$245.00 - $7,500
1878 $2 (Fr. 48)
$190.00
-
$6,000
$190.00 - $6,000
1878 $2 (Fr. 49)
$4,400
-
$36,000
$4,400 - $36,000
1880 $2 (Fr. 50)
$145.00
-
$7,250
$145.00 - $7,250
1880 $2 (Fr. 51)
$155.00
-
$6,250
$155.00 - $6,250
1880 $2 (Fr. 52)
$145.00
-
$6,000
$145.00 - $6,000

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1880 $2 (Fr. 53)
$825
-
$68,500
$825 - $68,500
1880 $2 (Fr. 54)
$1,750
-
$45,500
$1,750 - $45,500
1880 $2 (Fr. 55)
$150.00
-
$18,000
$150.00 - $18,000
1880 $2 (Fr. 56)
$130.00
-
$6,250
$130.00 - $6,250
1917 $2 (Fr. 57)
$75.00
-
$2,750
$75.00 - $2,750
1917 $2 Replacement (Fr. 57*)
$295
-
$5,000
$295 - $5,000
1917 $2 (Fr. 58)
$75.00
-
$2,150
$75.00 - $2,150
1917 $2 Mule (Fr. 58m)
-
 
1917 $2 Replacement (Fr. 58*)
$240.00
-
$6,000
$240.00 - $6,000
1917 $2 (Fr. 59)
$75.00
-
$5,000
$75.00 - $5,000
1917 $2 Mule (Fr. 59m)
-
 
1917 $2 Replacement (Fr. 59*)
$360
-
$4,000
$360 - $4,000
1917 $2 Mule, Replacement (Fr. 59m*)
-
 
1917 $2 (Fr. 60)
$75.00
-
$5,000
$75.00 - $5,000
1917 $2 Mule (Fr. 60m)
-
 
1917 $2 Replacement (Fr. 60*)
$145.00
-
$8,250
$145.00 - $8,250
1862 $5 Seal Type 1 (Fr. 61)
$950
-
$5,000
$950 - $5,000
1862 $5 Seal Type 1 (Fr. 61a)
$220.00
-
$18,000
$220.00 - $18,000
1862 $5 Seal Type 2 (Fr. 61b)
$325
-
$1,900
$325 - $1,900

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1862 $5 Seal Type 2 (Fr. 61c)
$260
-
$12,500
$260 - $12,500
1862 $5 Seal Type 2 (Fr. 62)
$425
-
$12,000
$425 - $12,000
1863 $5 Seal Type 2 (Fr. 63)
$425
-
$11,500
$425 - $11,500
1863 $5 Seal Type 2 (Fr. 63a)
$425
-
$20,500
$425 - $20,500
1863 $5 Seal Type 2 (Fr. 63b)
$360
-
$25,000
$360 - $25,000
1869 $5 (Fr. 64)
$390
-
$20,000
$390 - $20,000
1875 $5 (Fr. 65)
$260
-
$11,500
$260 - $11,500
1875 $5 (Fr. 66)
$575
-
$6,250
$575 - $6,250
1875 $5 (Fr. 67)
$150.00
-
$5,250
$150.00 - $5,250
1875 $5 (Fr. 68)
$255
-
$6,250
$255 - $6,250
1878 $5 (Fr. 69)
$195.00
-
$18,000
$195.00 - $18,000
1880 $5 (Fr. 70)
$390
-
$5,500
$390 - $5,500
1880 $5 (Fr. 71)
$240.00
-
$5,250
$240.00 - $5,250
1880 $5 (Fr. 72)
$130.00
-
$8,750
$130.00 - $8,750
1880 $5 (Fr. 73)
$230.00
-
$6,000
$230.00 - $6,000

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1880 $5 (Fr. 74)
$195.00
-
$6,000
$195.00 - $6,000
1880 $5 (Fr. 75)
$390
-
$36,000
$390 - $36,000
1880 $5 (Fr. 76)
$230.00
-
$17,000
$230.00 - $17,000
1880 $5 (Fr. 77)
$295
-
$48,000
$295 - $48,000
1880 $5 (Fr. 78)
$260
-
$26,500
$260 - $26,500
1880 $5 (Fr. 79)
$130.00
-
$10,000
$130.00 - $10,000
1880 $5 (Fr. 80)
$145.00
-
$3,650
$145.00 - $3,650
1880 $5 (Fr. 81)
$130.00
-
$3,750
$130.00 - $3,750
1880 $5 (Fr. 82)
$130.00
-
$2,750
$130.00 - $2,750
1907 $5 (Fr. 83)
$145.00
-
$8,750
$145.00 - $8,750
1907 $5 (Fr. 84)
$145.00
-
$6,500
$145.00 - $6,500
1907 $5 Replacement (Fr. 84*)
-
 
1907 $5 (Fr. 85)
$145.00
-
$3,000
$145.00 - $3,000
1907 $5 Replacement (Fr. 85*)
$1,150
-
$2,500
$1,150 - $2,500
1907 $5 (Fr. 86)
$215.00
-
$5,750
$215.00 - $5,750

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1907 $5 (Fr. 87)
$145.00
-
$6,000
$145.00 - $6,000
1907 $5 Replacement (Fr. 87*)
$1,150
-
$2,000
$1,150 - $2,000
1907 $5 (Fr. 88)
$145.00
-
$5,750
$145.00 - $5,750
1907 $5 Replacement (Fr. 88*)
$525
-
$8,250
$525 - $8,250
1907 $5 (Fr. 89)
$145.00
-
$8,750
$145.00 - $8,750
1907 $5 Mule (Fr. 89m)
-
 
1907 $5 Replacement (Fr. 89*)
$2,250
-
$2,750
$2,250 - $2,750
1907 $5 Mule, Replacement (Fr. 89m*)
-
 
1907 $5 (Fr. 90)
$145.00
-
$3,000
$145.00 - $3,000
1907 $5 Mule (Fr. 90m)
$155.00
-
$1,000
$155.00 - $1,000
1907 $5 Replacement (Fr. 90*)
$575
-
$2,250
$575 - $2,250
1907 $5 Mule, Replacement (Fr. 90m*)
-
 
1907 $5 (Fr. 91)
$145.00
-
$3,000
$145.00 - $3,000
1907 $5 Mule (Fr. 91m)
-
 
1907 $5 Replacement (Fr. 91*)
$455
-
$2,500
$455 - $2,500
1907 $5 Mule, Replacement (Fr. 91m*)
-
 
1907 $5 (Fr. 92)
$110.00
-
$11,000
$110.00 - $11,000
1907 $5 Replacement (Fr. 92*)
-
 
1862 $10 Seal Type 2 (Fr. 93)
$775
-
$21,500
$775 - $21,500
1862 $10 Seal Type 1 (Fr. 93b)
$1,150
-
$3,150
$1,150 - $3,150
1862 $10 Seal Type 1 (Fr. 93c)
$850
-
$72,000
$850 - $72,000

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1862 $10 Seal Type 1 (Fr. 93d)
$1,500
-
$3,750
$1,500 - $3,750
1862 $10 Seal Type 1 (Fr. 93e)
$2,150
-
$3,150
$2,150 - $3,150
1862 $10 Seal Type 2 (Fr. 94)
$775
-
$48,000
$775 - $48,000
1863 $10 Seal Type 2 (Fr. 95)
$900
-
$10,500
$900 - $10,500
1863 $10 Seal Type 2 (Fr. 95a)
$775
-
$11,500
$775 - $11,500
1863 $10 Seal Type 2 (Fr. 95b)
$775
-
$29,000
$775 - $29,000
1863 $10 Seal Type 2 (Fr. 95c)
$1,000
-
$10,000
$1,000 - $10,000
1869 $10 (Fr. 96)
$325
-
$36,000
$325 - $36,000
1875 $10 (Fr. 97)
$3,750
-
$36,000
$3,750 - $36,000
1875 $10 (Fr. 98)
$625
-
$27,500
$625 - $27,500
1878 $10 (Fr. 99)
$455
-
$24,000
$455 - $24,000
1880 $10 (Fr. 100)
$360
-
$7,500
$360 - $7,500
1880 $10 (Fr. 101)
$360
-
$6,250
$360 - $6,250
1880 $10 (Fr. 102)
$425
-
$12,000
$425 - $12,000
1880 $10 (Fr. 103)
$310
-
$7,750
$310 - $7,750

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1880 $10 (Fr. 104)
$310
-
$4,400
$310 - $4,400
1880 $10 (Fr. 105)
$310
-
$7,500
$310 - $7,500
1880 $10 (Fr. 106)
$310
-
$9,500
$310 - $9,500
1880 $10 (Fr. 107)
$310
-
$8,250
$310 - $8,250
1880 $10 (Fr. 108)
$310
-
$7,000
$310 - $7,000
1880 $10 (Fr. 109)
$101,000
-
$101,000
$101,000 - $101,000
1880 $10 (Fr. 110)
$275
-
$11,500
$275 - $11,500
1880 $10 (Fr. 111)
$275
-
$6,000
$275 - $6,000
1880 $10 (Fr. 112)
$325
-
$6,500
$325 - $6,500
1880 $10 (Fr. 113)
$275
-
$7,000
$275 - $7,000
1901 $10 (Fr. 114)
$650
-
$26,500
$650 - $26,500
1901 $10 (Fr. 115)
$650
-
$24,000
$650 - $24,000
1901 $10 (Fr. 116)
$650
-
$30,000
$650 - $30,000
1901 $10 (Fr. 117)
$650
-
$30,000
$650 - $30,000
1901 $10 (Fr. 118)
$650
-
$24,000
$650 - $24,000

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1901 $10 (Fr. 119)
$650
-
$25,000
$650 - $25,000
1901 $10 (Fr. 120)
$650
-
$21,500
$650 - $21,500
1901 $10 (Fr. 121)
$650
-
$28,000
$650 - $28,000
1901 $10 Mule (Fr. 121m)
$2,250
-
$38,500
$2,250 - $38,500
1901 $10 Mule, Replacement (Fr. 121m*)
-
 
1901 $10 (Fr. 122)
$650
-
$42,000
$650 - $42,000
1901 $10 Mule (Fr. 122m)
-
 
1901 $10 Replacement (Fr. 122*)
$1,750
-
$13,000
$1,750 - $13,000
1901 $10 Mule, Replacement (Fr. 122m*)
-
 
1923 $10 (Fr. 123)
$525
-
$24,000
$525 - $24,000
1923 $10 Replacement (Fr. 123*)
-
 
1862 $20 Seal Type 2 (Fr. 124)
$1,550
-
$17,000
$1,550 - $17,000
1862 $20 Seal Type 1 (Fr. 124b)
$1,150
-
$17,000
$1,150 - $17,000
1862 $20 Seal Type 2 (Fr. 125)
$1,750
-
$9,750
$1,750 - $9,750
1863 $20 Seal Type 2 (Fr. 126)
$1,550
-
$13,000
$1,550 - $13,000
1863 $20 Seal Type 2 (Fr. 126a)
$1,900
-
$15,000
$1,900 - $15,000
1863 $20 Seal Type 2 (Fr. 126b)
$1,550
-
$36,000
$1,550 - $36,000
1863 $20 Seal Type 2 (Fr. 126c)
$2,200
-
$8,750
$2,200 - $8,750

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1869 $20 (Fr. 127)
$1,400
-
$137,000
$1,400 - $137,000
1875 $20 (Fr. 128)
$950
-
$36,000
$950 - $36,000
1878 $20 (Fr. 129)
$825
-
$13,000
$825 - $13,000
1880 $20 (Fr. 130)
$1,500
-
$24,000
$1,500 - $24,000
1880 $20 (Fr. 131)
$455
-
$14,500
$455 - $14,500
1880 $20 (Fr. 132)
$360
-
$8,750
$360 - $8,750
1880 $20 (Fr. 133)
$575
-
$12,000
$575 - $12,000
1880 $20 (Fr. 134)
$390
-
$8,750
$390 - $8,750
1880 $20 (Fr. 135)
$390
-
$17,000
$390 - $17,000
1880 $20 (Fr. 136)
$360
-
$15,500
$360 - $15,500
1880 $20 (Fr. 137)
$360
-
$15,500
$360 - $15,500
1880 $20 (Fr. 138)
$390
-
$24,000
$390 - $24,000
1880 $20 (Fr. 139)
$775
-
$14,500
$775 - $14,500
1880 $20 (Fr. 140)
$295
-
$8,750
$295 - $8,750
1880 $20 (Fr. 141)
$295
-
$8,250
$295 - $8,250

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1880 $20 (Fr. 142)
$295
-
$11,500
$295 - $11,500
1880 $20 (Fr. 143)
$295
-
$3,150
$295 - $3,150
1880 $20 (Fr. 144)
$295
-
$8,750
$295 - $8,750
1880 $20 (Fr. 145)
$295
-
$8,000
$295 - $8,000
1880 $20 (Fr. 146)
$240.00
-
$15,500
$240.00 - $15,500
1880 $20 (Fr. 147)
$240.00
-
$12,000
$240.00 - $12,000
1880 $20 Mule (Fr. 147m)
-
 
1880 $20 Replacement (Fr. 147*)
$2,500
-
$4,400
$2,500 - $4,400
1880 $20 Mule, Replacement (Fr. 147m*)
-
 
1862 $50 Seal Type 1 (Fr. 148)
$12,000
-
$120,000
$12,000 - $120,000
1862 $50 Seal Type 2 (Fr. 148a)
$96,000
-
$96,000
$96,000 - $96,000
1863 $50 Seal Type 2 (Fr. 150)
$72,000
-
$240,000
$72,000 - $240,000
1863 $50 Seal Type 2 (Fr. 150a)
$18,000
-
$300,000
$18,000 - $300,000
1863 $50 Seal Type 2 (Fr. 150b)
$120,000
-
$120,000
$120,000 - $120,000
1869 $50 (Fr. 151)
$10,000
-
$360,000
$10,000 - $360,000
1874 $50 (Fr. 152)
$4,050
-
$96,000
$4,050 - $96,000
1875 $50 (Fr. 153)
$96,000
-
$126,000
$96,000 - $126,000
1878 $50 (Fr. 154)
$3,950
-
$57,500
$3,950 - $57,500

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1880 $50 (Fr. 155)
$10,000
-
$48,000
$10,000 - $48,000
1880 $50 (Fr. 156)
$3,750
-
$36,000
$3,750 - $36,000
1880 $50 (Fr. 157)
$3,150
-
$18,000
$3,150 - $18,000
1880 $50 (Fr. 158)
$96,000
-
$96,000
$96,000 - $96,000
1880 $50 (Fr. 159)
$3,150
-
$42,000
$3,150 - $42,000
1880 $50 (Fr. 160)
$3,150
-
$36,000
$3,150 - $36,000
1880 $50 (Fr. 161)
$2,650
-
$44,500
$2,650 - $44,500
1880 $50 (Fr. 162)
$1,950
-
$16,500
$1,950 - $16,500
1880 $50 (Fr. 163)
$10,000
-
$90,000
$10,000 - $90,000
1880 $50 (Fr. 164)
$1,950
-
$33,000
$1,950 - $33,000
1862 $100 Seal Type 1 (Fr. 165)
$21,000
-
$108,000
$21,000 - $108,000
1862 $100 Seal Type 2 (Fr. 165a)
$21,000
-
$96,000
$21,000 - $96,000
1862 $100 Seal Type 1 (Fr. 165b) Unique
$96,000
-
$96,000
$96,000 - $96,000
1863 $100 Seal Type 2 (Fr. 167a)
$36,000
-
$510,000
$36,000 - $510,000
1869 $100 (Fr. 168)
$14,500
-
$330,000
$14,500 - $330,000

Visit these great CDN Sponsors

CDN Sponsors

1875 $100 (Fr. 169)
$12,000
-
$60,000
$12,000 - $60,000
1875 $100 (Fr. 170)
$21,500
-
$36,000
$21,500 - $36,000
1878 $100 (Fr. 171)
$7,000
-
$48,000
$7,000 - $48,000
1880 $100 (Fr. 172)
$6,500
-
$192,000
$6,500 - $192,000
1880 $100 (Fr. 173)
$6,500
-
$36,000
$6,500 - $36,000
1880 $100 (Fr. 174)
$6,500
-
$156,000
$6,500 - $156,000
1880 $100 (Fr. 175)
$0.20
-
$0.20
$0.20 - $0.20
1880 $100 (Fr. 176)
$8,750
-
$108,000
$8,750 - $108,000
1880 $100 (Fr. 177)
$6,500
-
$60,000
$6,500 - $60,000
1880 $100 (Fr. 178)
$8,750
-
$60,000
$8,750 - $60,000
1880 $100 (Fr. 179)
$8,750
-
$96,000
$8,750 - $96,000
1880 $100 (Fr. 180)
$12,000
-
$60,000
$12,000 - $60,000
1880 $100 (Fr. 181)
$4,150
-
$48,000
$4,150 - $48,000
1863 $500 (Fr. 183c)
-
 
1869 $500 (Fr. 184)
-
 

Visit these great CDN Sponsors

CDN Sponsors

1874 $500 (Fr. 185a)
-
 
1878 $500 (Fr. 185d)
$330,000
-
$330,000
$330,000 - $330,000
1880 $500 (Fr. 185f)
-
 
1880 $500 (Fr. 185i)
-
 
1880 $500 (Fr. 185k)
-
 
1880 $500 (Fr. 185l)
-
 
1880 $500 (Fr. 185m)
-
 
1863 $1,000 (Fr. 186d)
-
 
1880 $1,000 (Fr. 187b)
-
 
1880 $1,000 (Fr. 187j)
$198,000
-
$420,000
$198,000 - $420,000
1880 $1,000 (Fr. 187k)
$240,000
-
$480,000
$240,000 - $480,000
       

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Greysheet Catalog Details

The Greysheet Catalog (GSID) of the Legal Tender - Large series of Large Size Notes in the U.S. Currency contains 249 distinct entries with CPG® values between $0.20 and $510,000.00.
Legal tender notes, also called "United States notes," were first issued on March 10, 1862 and were produced in denominations ranging from $5 to $1,000. These notes were released in five different issues, with the first issue bearing two obligations � one on the obverse, and one of two types on the reverse.

The obverse obligation on the first issue reads, "The United States promise to pay to the bearer ["X"] dollars payable at the Treasury of the United States at New York." The first [reverse] obligation seen on the earlier First Issue notes reads, "This note is a legal tender for all debts, public and private, except duties on imports and interest on the public debt, and is exchangeable for U.S. six per cent twenty year bonds, redeemable at the pleasure of the United States after five years." The second obligation, seen on later First Issue notes, states, "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."

Second Issue and Third Issue legal tender issues, printed on August 1, 1862 and March 10, 1863, respectively, contain the second obligation of the First Issue. Second Issue printings were for the $1 and $2 denominations, while the Third Issue covers denominations ranging from $5 to $1,000.

Fourth Issue printings were authorized by the Congressional Act of March 3, 1863 and were issued for denominations ranging from $1 to $10,000 and encompass a range of series, including those dated 1869, 1874, 1878, 1880, 1907, 1917, and 1923. The Fifth Issue was authorized by the Legal Tender Acts of 1862 and 1863 and consists of only $10 notes under the Series of 1901.

Catalog Detail