October 1st 1861 $500 Bill Value

Value of 1861 Five Hundred Dollar Interest Bearing Note


Year:  1861 Type:  Interest Bearing Treasury Note Denomination:  Five Hundred Dollar Bill
Value:  All interest bearing notes are rare.  The exact value is just based on the condition of each bill
We purchase all $500 interest bearing notes.  Send us an email to tell us what you have admin@oldcurrencyvalues.com.  We will respond quickly with our opinion and offer.
Description:  This is a unique one year design.  These notes were almost all redeemed and destroyed simply because due to the accruing interest, these were worth more than the face value.  A portrait of George Washington can be seen at the top center of the bill.  A vignette of a woman is on each side of him.  These notes have red serial number but the predominant color is green.

If you are fortunate enough to own one of these, then please send us an email to tell us about it.  We are interested buyers.

Variations:  There are no varieties for this issue.
Some Inscriptions:   American Bank Note Co New York  –  Interest Ten Cents Per Day  –  Washington  –  October 1st 1861  –  Three Years After Date The United States Promise To Pay To The Order Of Five Hundred Dollars With 7 3/10 Percent Interest Payable Semi-Annually  –  For The Register of the Treasury  –  For The Treasurer of The United States  –  Act of July 17 1861  –  Convertible Into 20 Year 6 Per Cent U.S. Bonds  –  United States of America  –  Interest On This Note Ten Cents Per Day