Prior to 1928, U.S. paper currency was printed in a larger format and usually featured more elaborate imagery compared to modern notes. This 1862 currency is a perfect case in point. Featuring Alexander Hamilton and the Statue of Freedom, these notes could make for a great display piece at home or in the office. And their ties to the American Civil War make them interesting conversation starters as well. Right now, you can buy 1862 $5 Legal Tender Notes online at Provident Metals in Very Good condition.

Note Highlights:

• Available in a PMG protective plastic currency sleeve!
• Historic currency from the Civil War!
• Vintage large format note!
• Bears a face value of $5 (USD) from the US government.
• Issued a grade of Very Good 10 by the Paper Money Guaranty.
• The obverse side shows Alexander Hamilton and the Statue of Freedom.
• On the reverse obligation and denomination information is found.

When you order 1862 Legal Tender Notes in this online Provident Metals listing, they will arrive to you in archival-quality currency sleeves. Included is a label featuring the official PMG grade of Very Good 10. With this grade, you can expect to find various flaws and blemishes on the surfaces. Heavily circulated, these notes will also be quite limp in structure. If youre interested in Civil War history, these notes are an opportunity to take a fascinating piece of that time period home with you.

Obverse

Across the obverse of 1862 $5 Legal Tender Notes, there is both a portrait of Alexander Hamilton and a rendering of the Statue of Freedom. Hamilton was a Founding Father and has been featured prominently on U.S. paper money. Currently, he can be found on the front of the $10 bill. The Statue of Freedom is an allegorical figure that stands atop the United States Capitol building.

Reverse

The reverse of these Legal Tender Notes contains obligation language and denomination details. The obligation language is positioned in the center and describes the function of these notes. The denomination appears twice on the left and right sides in alphabetical and Roman numerical form. The entire reverse design is green in color, which earned these notes the nickname of greenbacks.

History

To help settle Union war debts during the Civil War, the United States began printing demand notes in 1861. These notes were widely circulated and most of them were redeemed for gold. As such, very few remain today. In 1862, demand notes were replaced by legal tender notes, also known as United States notes. Like demand notes, they were used to help lower the Unions debts. These notes were authorized as fiat money and were issued by the government directly and free of interest.

Ordering

If you have any questions, Provident Metals customer service will be happy to help. Our team is available to assist you at 800-313-3315, online using our live chat, and via our email address.