1863 $1 One Dollar Original Series U.S. National Currency Bank Note - The National Bank - Stamford, CT

Please see the scans below for details on the condition of the bill.

National Bank Notes were United States currency banknotes issued by National banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or "lawful money".

The first National Currency issued was the series of 1863, also known as Original Series notes.

These notes were very ornate and in my opinion represent a high water mark in national bank note design.

Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.

This item is being shipped from the Pristine Auction warehouse.