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1815 $5 Treasury Note


Image Information

Type Currency
Title 1815 $5 Treasury Note
Description 1815 Five Dollar Note
War of 1812 Issue, Unsigned Remainder
 
Authorized by a February 24, 1815 Act of Congress
 
This non-interest-bearing note was accepted for all payments owed to the United States.  At the discretion of the government, it was exchangeable for a 7% government stock.  When issued, the note would bear three separate signatures.  As a security feature these notes contained colored fibers and a UNITED STATES watermark. The notes bear the printer's mark of Murray Draper Fairman Co. 

This example is from The Joe I. Herbstman Memorial Collection of American Finance.
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