1928 $2 Red Seal Legal Tender Note PCGS 64 PPQ Very Choice New Fr#: 1508

Legal Tender or United States Notes 

A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the U.S. Legal Tender Notes were called United States Notes by the First Legal Tender Act, which authorized them as a form currency, but because their value derives from their status as legal tender they bear the inscription "This Note is a Legal Tender" and are often called Legal Tender Notes. They were originally issued directly into circulation by the U.S. Treasury to pay expenses incurred by the Union during the American Civil War. The issuance of United States Notes ended in January 1971, existing United States Notes are still valid currency in the United States, though extremely rarely seen in circulation.

For a List of Small Size Legal Tender Notes Categories Click Here

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