1864 $10 Compound Interest Treasury Note Value

Value of Ten Dollar Compound Interest Treasury Note from 1864

 

Year:  1864 Type:  Compound Interest Treasury Note Denomination:  Ten Dollar Bill
Value:  The value of compound interest treasury notes is mostly just based on what condition they are in.
We purchase all 1864 $10 compound interest notes.  Send us an email to tell us what you have admin@oldcurrencyvalues.com.  We will respond quickly with our opinion and offer.
Description:  Ten dollar compound interest treasury notes are really the only denomination that the common collector can afford.  These notes are available several times a year and can be purchases for less than $5,000 in heavily circulated condition.

Salmon Chase, an eagle, and a woman are all featured on the front of the bill.  These can be from acts in 1863 or 1864.  Each 1864 $10 bill has a red seal and red serial numbers.

We strongly encourage you to contact us if you have a ten dollar compound interest bearing note.  We are aggressive buyers and you will likely be pleased with our offer.

Variations:  There are three different varieties of the ten dollar compound interest bearing treasury note.  The varieties are based on the red overprint dates:

June 10, 1864
July 15, 1864
Aug. 15, 1864 – Dec. 15 1864

All issue dates are fairly rare.  Contact us for exact values.

Inscriptions:  This Note Is A Legal Tender For Ten Dollars  –  Treasury Department  –  Act of June 30th 1864  –  Three Years After Date The United States Will Pay The Bearer With Interest At The Rate Of Six Percent Interest Per Annum Ten Dollars  –  Treasury Note  –  Register Of The Treasury  –  Treasurer Of The United States  –  By Act of Congress this Note is a Legal Tender for Ten Dollars but bears Interest at six percent compounded every six months though payable only at maturity as follows  –  This sum $11.94 will be paid the holder for principal and at maturity of note three years from date.