-40%

1923 UNITED STATE NOTE- RED SEAL

$ 612.47

Availability: 100 in stock
  • All returns accepted: Returns Accepted
  • Item must be returned within: 14 Days
  • Denomination:
  • Return shipping will be paid by: Buyer
  • Refund will be given as: Money Back

    Description

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    1923   UNITED STATE NOTE- RED SEAL
    These are  the last series of large size notes.
    W
    e  believe that the valuation gap which exists between the coin  and currency hobbies will drive collectible-currency values  higher over time.
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    Pictures do not reveal the radiant beauty of our items.
    w
    hich
    are
    also
    called
    There are  five issues of
    , which are  also called
    Please  refer to Friedberg book for more details.
    A
    is a fiat paper currency that  was issued directly
    into circulation by the United States  Treasury Department.
    The notes were also  known as
    because of the inscription on its face stating  "This Note is a Legal Tender."
    They were among the first  national United States currency, authorized by the Legal  Tender Act of 1862 and began circulating during the American  Civil War.
    They preceded the
    and
    1865.
    On a United States Note, the Treasury  seal and the
    note's serial number are printed in red.
    Money recognized by law as  acceptable payment for debts owed to creditors.
    In the
    United States
    , legal tender (also called
    lawful  money
    )
    is all forms of circulating paper money,  mostly
    , and coins.
    The term means that  money offered as payment has the backing of the government  and must be accepted by a creditor, unless a contract calls
    Legal Tender is anything  that, by law, a debtor may require his creditor
    to receive  in payment of a debt in the absence of the appearance in the  contract itself of an agreement for payment in some other  manner.
    The tender is an admission of the debt and, in some  jurisdictions, if refused, discharges the debt.
    There were two periods of American history when the question  of
    legal tender
    was an important political issue.
    Between
    1776
    and 1789, during and after the turmoil of the Revolution,
    the question was whether the states should be permitted to  print
    CURRENCY
    and require its acceptance by creditors regardless
    of its severe depreciation in value. Later, in the years  following the Civil War,  the question was whether Congress had power, under the  Constitution,
    to cause the issuance of
    paper MONEY
    (greenbacks) that would
    be
    legal tender
    in payment of private debts.
    The amount of circulating financial medium in the newborn states was insufficient to finance a costly war.
    Early on, nearly every state had recourse to printing  presses to meet  its own expenses and the quota levies made by the  Continental Congress.
    At first, these monetary issues were small, and notes passed  at their face value.
    Soon, however, they began to depreciate, and the state  legislatures  resorted to creating laws requiring acceptance of
    state bank notes
    at par.
    In Connecticut, for example, in 1776 the legislature made  both Continental
    and state notes
    legal tender
    and ordered that anyone who tried to depreciate
    them should forfeit not only the full value of the money  they received but also the property they offered for sale.
    Attempts were made also at price regulation.  The South, in particular, went to excess in the abuse of  public credit.  Virginia, for example, practically repudiated its paper  issues at the close of the Revolution. Leaders in business and finance in the states hoped to avoid  a repetition of this financial chaos.
    Therefore, when the Constitutional Convention met in 1787, there was general agreement on the need for a single  national system  of currency and for laws prohibiting note issues by the  states. Accordingly,  Article I, Section 10, of the Constitution contains the  following prohibitions:
    "No state shall … coin Money; emit Bills of Credit; make  any Thing but gold and silver Coin a Tender in Payment of Debts; pass any … ex post facto Law or Law impairing the obligation of  Contracts."
    The question raised after the Civil War related to the  constitutionality of the Legal Tender Act passed by Congress in 1862.
    It was alleged that Congress, in requiring the acceptance of  greenbacks
    at face value, was violating the Fifth Amendment, which  forbade  the deprivation of property without due process of law. However, the Supreme Court had the power to make paper money  legal tender,  since the Constitution clearly denied such powers to the  states.
    We assure you  that
    all   of our items
    (Watches,
    Diamonds and Currencies)
    are
    authentic.
    We assure that you will not receive,
    fake, phony or copied item.
    None of our items are enhanced in any way.
    If you received an item that is  totally different
    from what we described,
    just keep the item for free and.
    We
    will refund your money and
    even pay for shipping.
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    We never ever cheat by tampering  with the image.
    We assure you that you will be
    amazed and
    you
    will want to come back gain.
    Pictures do not reveal the radiant beauty of our items.
    In  some cases, the
    pictures are even a lot lower quality than our actual items,
    UNLIKE
    many of the other stores.
    100% satisfaction is our goal !
    We  want to develop a relationship with you
    as our valued customer for many years to come.
    Our scanned pictures quality does not speak of  the actual  item.
    We surely want you to be our valued clients  forever.
    We will give you 100% full money back guarantee.
    v
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    W
    e  offer
    a selection of United States currency including large and  small      sized type notes, as well as inventory a broad based
    selection of
    Where  there's
    something for everyone.
    there's something for everyone.
    We provide customers with quality notes, fair pricing and superior       service. So whether you're a collector on a budget, or the investor who       wants "only the best," we offer you the guidance and buying  experience
    that will keep you coming back.
    D
    REAMTROPHY
    sells conservatively graded/none graded notes       that are reasonably      priced and selected for specific collecting and      investment
    values
    . We       believe that the cornerstone to this endeavor
    is building       trust and confidence.
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    Purchasing       currencies is one of the best and wisest
    investment you'll ever make.
    Did you make an  offer? Please do so, because we are watching you as you can see!!!
    We  will always put ourselves in you shoes.
    We  want you to have best service.
    We  will treat you like our own families and exactly like the way
    we  would like to
    be treated.
    We really like to establish a  long term relationship with you and
    exceptional experience with our  company.
    The  winning bidder must contact us within 2 days
    and payment
    must
    be received within 5-7 days of
    the close of this auction.
    We are here  to help you with your questions and order status .
    O
    ur  commitment to you is to answer your
    E-mail
    within  hours.
    Please email us through Ebay messages system.
    Please email us through Ebay messages system.
    Please email us through Ebay messages system.
    The wining bidder must contact us within 2 days and payment.
    must be received within 5-7 days of the close of this auction.....
    There is a delivery charge of for shipping.
    We prefer to ship to the confirmed address on
    the pay pal account.
    All orders are processed within 1-3 business day of receiving them.
    Overnight  shipping is included.
    This item is professionally packaged and shipped fully  insured,
    adult signature required at delivery.
    We ship via FedEx,  UPS, Brinks, Private Courier
    and United States Express  Mail.
    Items are  typically shipped within 3-5 business days of receipt of payment. You will be  notified when your item has been shipped.
    Please  provide a physical address, and contact phone number with your payment.
    If payment is  made by PayPal, and your shipping address is different than your  confirmed address in PayPal, you must contact us directly to let us know of  the requested change. Address change  approval will be sent to you, otherwise this item will be sent to  your confirmed PayPal address.
    We are fulfilling  international orders to  worldwide.
    We ship
    world-wide fully insured by:
    UPS,  FEDEX, BRINKS, Private Courier, and United States Express Mail.
    Provide  a physical address, and contact phone number with your payment.
    If payment is  made by PayPal, and your shipping address is different  than your confirmed address in PayPal,
    you must contact us  directly to let us know of the requested change.
    Address change  approval will be sent to you, otherwise this item will be sent  to your
    confirmed PayPal address.
    International shipments are shipped at the customers risk to  shipping delays,
    international  and national regulations,
    Customs fees, taxation,
    and damage due to and/or resulting  from shipping.
    We are not responsible for shipping delays, damage, theft, acts of nature affecting the shipment, Customs duties, fees, taxation or regulatory import restrictions.
    This disclaimer applies only to shipments outside the United States,
    International customers may complete transactions
    by bank PayPal E-check transfer.
    We accept payments  through PayPal only.
    We'll contact you within 24 hours
    of the auction closing.
    The  winning bidder must contact us within 2 days and payment
    must be received within 5-7 days of the close of this auction.
    IF YOU PAY BY PAY PAL YOU NEED TO BE
    ADDRESS AND SIGNATURE CONFIRMED .
    Items can be returned for
    a
    100% money back Guaranteed
    minus shipping cost
    within 7 days if
    you are not satisfied with the items.
    We are committed  to maintaining our customers privacy.
    We collect and  store information you share with us
    (name, address,  phone numbers, E mail address)
    along with information about items you request.
    All information kept in a secure file and is used
    by us to tailor our  communication to you.
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