Industrial Revolution

Legal Tender Notes: The First True National Currency

In 1862, Congress retired Demand notes and issued $150 million in Legal Tender notes, also known as United States Notes. These new notes–issued in denominations ranging from $1 to $1,000–embodied the first national currency used as legal tender for most public and private debts.

Show lessReferences

Reference 1, pg 10

Reference 2, 1995 FRBSF Annual Report “A Brief History of Our Nation’s Paper Money” by Karen Flamme

Gallery

Legal Tender Note, $10, 1901
Legal Tender Note, $10, 1901

Legal Tender Note

Legal Tender Note, $10, 1901

Legal Tender Note, $5, 1907
Legal Tender Note, $5, 1907

Legal Tender Note

Legal Tender Note, $5, 1907

Legal Tender Note, $10, 1880
Legal Tender Note, $10, 1880

Legal Tender Note

Legal Tender Note, $10, 1880

Legal Tender Note, $100, 1863
Legal Tender Note, $100, 1863

Legal Tender Note

Legal Tender Note, $100, 1863

Legal Tender Note, $1,000, 1880
Legal Tender Note, $1,000, 1880

Legal Tender Note

Legal Tender Note, $1,000, 1880

Legal Tender Note, $1, 1862
Legal Tender Note, $1, 1862

Legal Tender Note

Legal Tender Note, $1, 1862

Legal Tender Note, $1, 1880
Legal Tender Note, $1, 1880

Legal Tender Note

Legal Tender Note, $1, 1880

Legal Tender Note, $1, 1917
Legal Tender Note, $1, 1917

Legal Tender Note

Legal Tender Note, $1, 1917

Legal Tender Note, $1, 1923
Legal Tender Note, $1, 1923

Legal Tender Note

Legal Tender Note, $1, 1923

Legal Tender Note, $2, 1862
Legal Tender Note, $2, 1862

Legal Tender Note

Legal Tender Note, $2, 1862

Legal Tender Note, $2, 1880
Legal Tender Note, $2, 1880

Legal Tender Note

Legal Tender Note, $2, 1880

Legal Tender Note, $5, 1862
Legal Tender Note, $5, 1862

Legal Tender Note

Legal Tender Note, $5, 1862

Legal Tender Note, $5, 1907
Legal Tender Note, $5, 1907

Legal Tender Note

Legal Tender Note, $5, 1907

Legal Tender Note, $10, 1862
Legal Tender Note, $10, 1862

Legal Tender Note

Legal Tender Note, $10, 1862

Legal Tender Note, $10, 1862
Legal Tender Note, $10, 1862

Legal Tender Note

Legal Tender Note, $10, 1862

Legal Tender Note, $10, 1869
Legal Tender Note, $10, 1869

Legal Tender Note

Legal Tender Note, $10, 1869

Legal Tender Note, $20, 1863
Legal Tender Note, $20, 1863

Legal Tender Note

Legal Tender Note, $20, 1863

Legal Tender Note, $20, 1880
Legal Tender Note, $20, 1880

Legal Tender Note

Legal Tender Note, $20, 1880

Legal Tender Note, $50, 1862
Legal Tender Note, $50, 1862

Legal Tender Note

Legal Tender Note, $50, 1862

Legal Tender Note, $50, 1880
Legal Tender Note, $50, 1880

Legal Tender Note

Legal Tender Note, $50, 1880

Legal Tender Note, $100, 1862
Legal Tender Note, $100, 1862

Legal Tender Note

Legal Tender Note, $100, 1862

Legal Tender Note, $100, 1880
Legal Tender Note, $100, 1880

Legal Tender Note

Legal Tender Note, $100, 1880

Legal Tender Note, $500, 1880
Legal Tender Note, $500, 1880

Legal Tender Note

Legal Tender Note, $500, 1880

Legal Tender Note, $1,000, 1880
Legal Tender Note, $1,000, 1880

Legal Tender Note

Legal Tender Note, $1,000, 1880