Among the very first legal tender notes, this $5 paper currency was originally printed to aid with Union debt during the Civil War. Like all of the classic large format legal tender notes, these ones feature a complex and quite beautiful array of imagery across the front. Collectors will also appreciate that they have been officially certified the Paper Money Guaranty. Right now, 1862 $5 Legal Tender Notes are available to purchase online from JM Bullion in Very Good condition.
Note Highlights:
- Delivered to you in a PMG plastic currency sleeve!
- Originally printed during the Civil War!
- Iconic large format style!
- Bears a face value of $5 (USD) backed by the federal government.
- Graded Very Good 10 by the Paper Money Guaranty.
- The obverse field depicts Alexander Hamilton and the Statue of Freedom.
- On the reverse, there are denomination and obligation details.
Each 1862 Legal Tender Note in this online listing at JM Bullion has been officially certified by the Paper Money Guaranty. As Very Good 10 notes, you can expect these to show clear signs of circulation. While solid and whole, the notes will be fairly limp and could contain other blemishes as well. For storage and protection, these notes have been packaged in archival-quality currency sleeves. There is a label as well that bears the official PMG grade.
The large format $5 legal tender note appeared in four separate series before being replaced in 1928 by the standard size notes. The design in this listing was the first to be issued. It was followed in 1869, 1875, and 1880 with designs featuring President Andrew Jackson. When the Treasury revamped its paper currency system in 1928, legal tender notes were included in the changes. The notes became smaller with less complicated design features. The $5 note would feature Abraham Lincoln and bears much in common with a $5 bill you might still use today.
The obverse of 1862 Legal Tender Notes features Alexander Hamilton and the Statue of Freedom. Hamilton is shown in a smaller portrait on the right side. Then on the left, there is a rendition of the Statue of Freedom. If you have ever visited the U.S. Capitol building, you may recall the original statue positioned atop the dome. The obverse features various green and black coloring as well as the Treasury seal in red ink.
On the reverse side of these Legal Tender Notes, you will find obligation and denomination information. The denomination is featured in alphabetical and Roman numerical form on the right and left sides of the field. In the center, there are rows of text describing these notes as legal tender. The reverse also contains three beautiful decorative patterns arranged in the background.
If you have questions regarding these notes, JM Bullion is here to help. Please call us at 800-276-6508, chat with us live online, or email us directly.