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One-year Interest Bearing Note of 1837


Image Information

Type Currency
Title One-year Interest Bearing Note of 1837
Date 1837
Country U.S.
Description

One-year Interest Bearing Note of 1837

Loan Specimen

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This one-year loan did not have a fixed interest or par denomination printed on the note.  Authorized by a loan act of October 12, 1837, these non-denominated certificates allowed for the Treasury to retire previous debts, which would be at varied dollar amounts when principal and interest were accounted for. Printed by Rawdon, Wright & Hatch of New York.

 

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

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