Value of August 10 1861 Five Dollar Bill

Value of Five Dollar Bill from 1861


Year:  Aug. 10th 1861 Type:  Demand Note Denomination:  Five Dollar Bill
Value:  The value of five dollar bills from 1861 is based on their condition and city of issue.
We purchase large size $5 bills from 1861.  Send us an email to tell us what you have  We will respond quickly with our opinion and offer.
Description:  The August 10th 1861 five dollar bill is known as a demand note.  It is the lowest denomination demand note that was issued.

All 1861 demand note five dollar bills have a portrait of Alexander Hamilton on the right hand side of the bill.  Thomas Crawford’s statue of Freedom is on the left hand side of the bill.  1861 five dollar bills have red serial numbers and they have a green print on the front showing a large five.

The back of 1861 five dollar demand notes are a vibrant green color.  In fact, the term “greenback” was originally used to describe this issue.

Variations:  There are ten different varieties of 1861 $5 bills.  The two important factors in determining which variety you have will be based on which city the bill was issued for, and whether or not the note is a “for the” variety.

At the bottom center of the above note you can see where the phrase “for the Register of the Treasury” and “for the Treasurer of the United States” is printed on the bill.  On some bills “for the” is handwritten.  If you have a hand written “for the” it will be obvious, and the bill will be more valuable.  So the ten varieties are:

New York
New York “for the” handwritten
Philadelphia “for the”  handwritten
Boston “for the” handwritten
Cincinnati “for the” handwritten
St. Louis
St. Louis “for the” handwritten

Please contact us to learn more about which notes above are the rare varieties.

Inscriptions:  American Bank Note Co. New York  –  Five  –  The United States Promise To Pay 5 Dollars To The Bearer on Demand  –  Washington  –  Aug. 10th 1861  –  Payable by the Assistant Treasurer of the United States at  –  Act of July 17. 1861  –  For The Register Of The Treasury  –  For The Treasurer Of The United States  –  Patented 30 June 1857  –  United States of America Five Dollars