2119
***Auction Highlight*** 1891 Large Size $1 Treasury Note Fr-351. Tillman Morgan Signatures Grades vf
Currency:USD
Category:Coins & Paper Money
Start Price:200.00 USD
Estimated At:340.00 - 680.00 USD
SOLD
250.00USDto floor+ buyer's premium
This item SOLD at 2023 May 23 @ 19:59UTC-04:00 : AST/EDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
***Auction Highlight*** 1891 Large Size $1 Treasury Note Fr-351. Tillman Morgan Signatures Grades vf+. Way out in the Wild, Wild West of the 19th century, folks liked carrying big Silver Dollars around in their pockets. But, back East, folks didn't. Their solution: Treasury Treasury notes were only printed in 1890 and 1891. Some notes in the 1860s did say “treasury note” on them. However, those are not true treasury notes. These are also sometimes called 1891 $1 coin notes. 1890 and 1891 $1 treasury notes look very similar at first glance. However, there are differences in the seal type and color. The 1890 $1 treasury note also has a very dark green back. The back of the 1891 $1 specimen has a lot more white space. Like many large size currency notes from the late 1800s, the series of 1891 $1 treasury note has taken on a nickname based on the person featured on it. Many collectors simply call this a “Stanton” note. Edwin M Stanton is the bearded man on the left hand side of the bill. The biggest misconception about 1891 $1 bills is that they are star notes. Yes, every serial number does end with a solid red star. However, that does not signify that they are star replacement notes. The Bruce Roberts signature combination was only used in 1898; that is the least year that 1891 $1 bills were printed. Replacement star notes were not incorporated until 1910. Replacement stars are also hollow, not solid. So the star at the end of your serial number does not add any value. They are all like that. The star is just a design element. Notes. When the Treasury Department purchased a dollar's worth of silver bullion, they gave the seller a $1 note that was redeemable at any time for silver or gold. It was literally a receipt. This satisfied the Easterners who could then carry the notes in their wallets. This 1891 $1 note features Lincoln's Secretary of War Edwin Stanton. It's one of the most intricately engraved notes, showing a red Treasury seal, serial numbers and three ornate patterns on the reverse. Compared to other types of notes, these were issued in small quantities (only as many as the silver the Treasury bought). And, because they were "as good as gold," they were a preferred means of exchange and circulated heavily. As a result, these Stanton Notes are very hard to find today. Edwin M Stanton is the bearded man on the left hand side of the bill. Edwin McMasters Stanton was an American lawyer and politician who served as Secretary of War under the Lincoln Administration during most of the American Civil War. Stanton's management helped organize the massive military resources of the North and guide the Union to victory A Key Date's Pick, Bid to Win Coin
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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