-40%
1923 UNITED STATE NOTE- RED SEAL
$ 612.47
- Description
- Size Guide
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.
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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
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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