Demand Notes
Introduction
As a class, Demand Notes are very rare. Some varieties, such as the early issues with handwritten "for the," are exceedingly rare.
Demand note
Demand notes, authorized in 1861, were the first paper money issued by the United States federal government for circulation. Nicknamed the "greenback" because of the green ink used on the reverse (back) of the note.
The collector may encounter Demand Notes, Compound Interest Notes, Treasury Notes and numerous others. Each of these different forms of paper money has an interesting, sometimes extraordinary story to tell.
They immediately followed the Demand Notes of 1861, and also the Interest Bearing Notes at the time, which were an offshoot of government bonds that were allowed to circulate. They preceded the National Bank Notes and Gold Certificates of 1865.
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 See also: Silver, Denomination, Demand note, Issued, Coin
  
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