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Treasury Note Series 1890 and Series 1891

Treasury Notes were issued in 1890 and 1891 and were by backed silver bullion.
Because of this feature the notes were also called Coin notes.
The first issues were Series 1890 Treasury Note which feature ornate reverses and tend to be the more valuable notes.
The series came in denominations $1, $2, $5, $10, $20, $50, $100 and $1000.
Treasury notes are not common especially in denominations higher than $1.00.
The $10 and higher denomination Treasury Note is especially scarce and eaglerly collected especially in nice grades.

The notes all feature the clause below.
The United States of America will pay to bearer X dollars in coin.
This note is a legal tender at it's face value in payment of all debts public and private
except when otherwise expressly stipulated in the contract.

Treasury Note $1.00 Series 1890 Large Brown Seal

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