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.
Portrait of Salmon P. Chase. Popular early legal tender note issued during the Civil War. Color is still strong and vibrant.
The original type greenback. Fully margined and hard to tell from Choice Uncirculated. A small ink drop in the seal will be interesting to error collectors as well.
A very bright, crisp and pretty note.
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.
Popular problem-free "Rainbow" note. Good margins and color.
An early in the series type note seen far less than the later notes. Faces up nicely for the grade.
Attractive. Appears to be uncirculated until closer inspection.
A gorgeous note.
A lovely top of the line ornate design Woodchopper.
Woodchopper. A beautiful example of this early series Woodchopper with the ornate floral design.
Gorgeous large brown spiked seal.
Large Brown Spiked Seal.
Large Brown Spiked Seal. Good eye appeal.
F-30, Large Brown Seal. Very bright and fresh.
Large Brown Seal. An absolutely magnificent note.
Scarce type with the large red spiked seal, Pedigree to the Dr. James Kadin collection.
F-31. Large Red Spiked Seal. Scarce.
Large Red Spiked Deal. Very scarce type.