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Currency Appraisal and Old Paper Money Dealer
Greg Davis

Legal Tender Paper money - United States Notes Series 1862 to Series 1923

Legal Tender notes are one of the earliest types of US Paper money. The first issued Legal Tender bills began circulation in 1862 and they are still in use today in the form of the $2.00 bill.
Legal Tender Notes, aka United States Notes have an obligation printed on them that reads:
"This note is a Legal Tender for all debts public and private..."
There are variations of the obligation text but those words above will be instantly recognizable.
Legal Tender notes are among the most interesting and varied designs. Earlier notes can be scarce!

List of Major Large sized Legal Tender Series and descriptions.

This image of an 1874 $500 Legal Tender is one of only five known to exist. This note has a value into the mid six figures.

1874 $500 Legal Tender