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