August 19, 1861 $1000 Interest Bearing Note

Value of One Thousand Dollar Interest Bearing Treasury Note from 1861


Year:  1861 Type:  Interest Bearing Treasury Note Denomination:  One Thousand Dollar Bill
Value:  All interest bearing notes are rare.  The exact value is just based on the condition of each bill
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Description:  Interest bearing notes are kind of a mix between bonds and legal tender.  These traded hands in circulation at face value.  However, you could also hold them and earn interest.  The note below from August 19, 1861 is very rare.  In fact there are no issued examples known to exist.  The image below is a a proof specimen.

Salmon P Chase is featured on at the center of the bill.  Chase was featured on a surprisingly high number of pieces of United States Currency.




Varieties:  There are no varieties within each year issue.  However, the 1864 and 1865 do have a slightly different color scheme.
Some Inscriptions:  Treasury Department  –  Interest Twenty Cents Per Day  –  Act of 17th July 1861  –  Washington  –  August 19th 1861  –  Three Years After Date The United States Promise To Pay To The Order Of One Thousand Dollars  Payable Semi-Annually In Lawful Money  –  Register of the Treasury  –  Treasurer of The United States