Introduced in 1862, the United States Note Series remains to this day the longest-running series of paper money in US history. The notes were printed from 1862 to 1927 as large-sized notes that many Americans referred to lovingly as horse blankets. From 1928 until 1971, the notes were printed in the modern small-sized format. One of the last redesigns on the $1 US Note came with the Series of 1923. Today, 1923 $1 Legal Tender Notes are available to you online at Silver.com in Very Fine condition.
- Available inside an individual protective sleeve!
- Released with the Series of 1923 design!
- Among the last large-sized US Notes printed!
- Offered in Very Fine condition!
- The face value of $1 (USD) was fully backed by the US government.
- On the obverse is President George Washington.
- The reverse features an ornate background known as the cogwheel.
- Please bear in mind the notes you receive when buying multiples may have varying wear patterns.
With a 109-year printing history, the United States Note was in circulation longer than any other form of American paper money. It was just the second version of American paper money introduced after the short-lived Demand Notes that helped finance the early days of the Civil War for the Union. In production until 1971, the US Note will not be surpassed by the modern Federal Reserve Note in longevity until 2024.
All of the 1923 $1 Legal Tender Notes available in this product listing come to you with an individual protective sleeve. The notes listed here come in Very Fine condition. This term applies to any note with modest signs of circulation use. The notes will have numerous fold lines present and also have light-to-mild soiling. Please bear in mind that no two notes are guaranteed to have the exact same wear patterns, but that all minor flaws present are acceptable within the range of Very Fine notes.
On the obverse of 1923 $1 Legal Tender Notes is the effigy of President George Washington. The nation’s first Commander-in-Chief, President Washington made his debut on American currency in 1869 with the release of this same $1 denomination in the United States Note Series. The Series of 1923 redesign is special in that it flipped Washington’s portrait from left facing to right facing, the same as it now appears on the $1 Federal Reserve Note.
The reverse side of the 1923 $1 Legal Tender Note features a central design element some call the cogwheel. This ornate piece backs the printed notations of the nation of issue and face value for the note. Series of 1923 notes were printed by the United States from 1923 to 1927 with red ink on the serial numbers and scalloped Treasury seal on the obverse.
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