Featuring Alexander Hamilton and the Statue of Victory, these historic legal tender notes could make for an exciting addition to your paper currency collection! Printed during the thick of the Civil War, these notes originally helped to settle debts incurred by the Union. Today, they are fascinating collectors pieces that offer an intriguing window into the countrys monetary past. Provident Metals now has 1863 $5 Legal Tender Notes available to purchase online in Very Good condition.

Note Highlights:

• Arrives in a PMG protective plastic currency sleeve!
• Classic paper currency from the Civil War!
• Historic large format note!
• Bears a face value of $5 (USD) from the US government.
• Issued a grade of Very Good 8 by the Paper Money Guaranty.
• The obverse depicts Alexander Hamilton and the Statue of Freedom.
• On the reverse obligation and denomination details are featured.

All 1863 $5 Notes in this online listing at Provident Metals have been officially certified by the Paper Money Guaranty. With over 8 million notes graded, PMG is considered an industry leader worldwide. These particular notes are considered Very Good 8. Youll note clear signs of circulation, such as light soiling, splits, and minor staining. To preserve the quality of these notes, they have been packaged in clear currency sleeves. You will also find a PMG label on the sleeve featuring the official grade.

Obverse

The obverse of these $5 Legal Tender Notes contains an effigy of Alexander Hamilton. To the left of this portrait, there is a rendering of the Statue of Victory. This iconic allegorical figure is presented as a woman dressed in military attire. It is inspired by the sculpture by Thomas Crawford that sits atop the dome of the U.S. Capitol building.

Reverse

Upon the reverse side of 1863 Legal Tender Notes, you will find obligation language and the denomination. The obligation text appears in the center of the note, with the denomination shown on either side of it. These details are set against a green backdrop of ornate patterns.

History

As Union war debts continued to climb during the Civil War, Secretary of the Treasury Salmon Chase was authorized to raise funds by issuing $500 million in demand notes. In 1862, the demand notes were replaced by legal tender notes following Lincolns signing of the First Legal Tender Act. Legal tender notes were a debt-free form of currency issued by the Treasury and initially helped fund expenses such as troop salaries. The government continued to issue these up until 1971, at which point the Federal Reserve note became the dominant circulating currency.

Ordering

Provident Metals customer service is available to assist you at 800-313-3315. We are also available to you online through our live chat and email address features.