1862 $1 Legal Tender Note FR17A PMG 63 EPQ

#31 In The Top 100—1862 “Greenback” Is The First Legal-Tender $1 Federal Note!

This large-sized, 7⅜" x 3⅛" horse blanket Silver Certificate is ranked #31 in the 100 Greatest American Currency Notes book written by Q. David Bowers and David M. Sundman. It’s a beautiful $1 Note, but the real story is that it’s the very FIRST federal $1 legal-tender Note, created during the second year of the Civil War when the U.S. government decided to issue its own currency. What’s more, the notes from this 1862 series feature a bright green back, popularizing the term “greenback” for decades to come! The front design features the portrait of Salmon Chase, Secretary of the Treasury under President Abraham Lincoln (1861 to 1864), along with a red seal and a bold signature of F.E. Spinner, U.S. Treasurer when this note was issued. The eye-appealing reverse design features geometric patterns with large “1s” for the denomination.

Act Fast Because Just One Note Is Available!

This note—and there’s just ONE available!—has been certified by Paper Money Guaranty (PMG) as being in Choice Uncirculated 63 Exceptional Paper Quality (EPQ) condition guaranteeing that it is original, and has not been physically, chemically, or materially altered to lend the appearance of a higher grade. It also bears a Friedberg (Fr) number of 17a that refers to the numbering system in the widely used Paper Money of the United States reference book written by Arthur L. Friedberg and Ira S. Friedberg. The Fr numbers indicate varieties existing within a larger type design. According to the current PMG population report for FR. 17a notes, just 493 have been submitted for grading and only THREE have graded in 63 EPQ with only four grading higher. With just one of these beauties available you’ll need to ask fast. If you want it, you know what to do!

PRODUCT HIGHLIGHTS:

• POPULAR ICONIC DESIGN – This 1862 $1 Legal Tender note was the FIRST federal $1 legal-tender Note ever issued. The front design shows the portrait of Salmon Chase, Secretary of the Treasury under President Abraham Lincoln. The back of the note features a bright green back, which popularized the term “greenback” for decades to come. The design is so beautiful that it ranks No. 16 on the list of Top 100 U.S. Currency Notes.
• LARGE “HORSE BLANKET” SIZE – This 7⅜" x 3⅛" note is about 40% larger than our current $1 bill, a size that earned it and other similar-sized notes the nickname of “horse blanket” notes.
• LEGAL-TENDER U.S. CURRENCY NOTE – This note was $1 legal tender in the United States.
• CHOICE UNCIRCULATED CONDITION – Your 1862 $1 Legal tender Note has been graded paper Money Guaranty (PMG) in Choice Uncirculated 63 Exceptional Paper Quality (EPQ) condition.

The first “Greenback,” this 1862 $1 Legal Tender Note is ranked No. 31 in America’s Top 100 list of U.S. currency notes. You can get one now in fantastic Choice Uncirculated 63 Exceptional Paper Quality (EPQ) condition here at GovMint!