During the Civil War, the U.S. government first issued currency for general circulation. The Union had stopped paying out coins, and needed a way to facilitate trade and finance the war. The people were demanding a currency that was guaranteed good by the government. Accordingly, in 1861 the first Federal currency notes were issued.
Between 1861 and 1928, the U.S. issued currency (we refer to it as "large size" because it was bigger than the currency we now use) in many different types. There were Silver and Gold Certificates, backed by precious metal, Legal Tender Notes authorized by Congress, and Federal Reserve Notes issued under the Federal Reserve Act of 1913, among others.
Many of these notes are colorful and beautiful, featuring gorgeous vignettes of events and people of American history. As few people could afford to save quantities of paper money, these notes are generally quite scarce today. This has remained one of the most active areas of the currency market.
F-61a. A gorgeous example with vibrant color and nice centering.
A problem-free Civil War era beauty with fresh paper and bold embossing. Ink could not be any more vivid. Notations include great color along with the EPQ designation.
Comment: Edge Tear, Minor Stains. A popular 'Rainbow' note with strong color and well margined. Minor stains and an edge tear are of little notice and do little to hinder pleasing eye appeal.
A pleasing mid-grade Rainbow that comes with good color and very even centering. Very desirable.
A beautiful 'Rainbow' Ace that exhibits vivid color and fresh original paper with full margins. The plate number '4' is fully visible at the top. Strong eye appeal.
Rainbow Series. A lovely example with ink that is still strong and vivid. The paper, which contains blue tint, has retained its originality and brightness. It exhibits only light folding with great eye appeal.
A beautiful 'Rainbow' deuce with strong color, good embossing, and original paper that still retains a fresh appearance. The borders on the front are much nicer than one would expect for the grade and a partial plate number, "24" can be seen at the bottom. A tough and popular note at any grade level and very scarce this nice. Strong eye appeal and very desirable.
A scarce and popular 'Rainbow' note in a very desirable mid grade higher denomination. Well margined, the color tinted paper still faces up quite well. Resting in a problem-free holder.
Scarce in any grade, this mid-grade higher denomination 'Rainbow' note borders on rare and resides in a comment-free holder. A large red seal and subtle blue tinting towards the right provide pleasing eye appeal. Borders are well centered. Very desirable.
Comment: Small Edge Repairs. Trimmed A note that is still well margined. Edge repairs are not readily noticeable and wear is even.
Series B. A lovely early 'Woodchopper' that exhibits brilliant color, fresh paper, and is well margined.
Gorgeous large brown spiked seal.
Large Brown Seal. Very bright and fresh.
Large Red Spiked Seal. Very scarce type.
An attractive 'Brown' seal with plenty of strong color, bright paper, and even margins.
A well margined note with strong color, original paper, and even margins.
Jackass type. Large round seal. Fantastic quality with original embossing visible even through the holder.
A beautiful large seal "Jackass" note.
A scarcer 'Jackass' note with only 73 known according to Track and Price in all grades. This example presents itself quite well for the grade with plenty of color, solid paper, and a problem-free appearance.
A beautiful brown seal deuce on the cusp of grading uncirculated. The note is well centered with deep hues and brilliant white paper. Eye appeal is excellent.