Categories:
S/N 35891 Early Legal Tender Notes are a rare sight in the company of uncommon originality and eye appeal. Many known specimens offer testament to extensive circulation or showcase impairments reflective of circulation. To put it simply; early Legal Tender Notes did not hold up well in commerce in the face of circulation. Compound this with the fact that many Legal Tender Notes that featured the so-called First Obligation on the back that mentioned the convertibility of certain notes into government bonds were redeemed to take advantage of this short-lived privilege that ended in 1863. The number of survivors like this one available to collectors are nonetheless a small fraction of an already small fraction of the original quantity issued during the 1860s
