The Indian Head cent, also known as an Indian Head penny, was a one-cent coin ($0.01) produced by the United States Mint from 1859 to 1909. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. Mint Director James Ross Snowden selected the Indian Head design, and chose a laurel wreath […]

National Bank Notes were United States currency banknotes issued by National banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in […]

Blue seal and serial number 1914 Federal Reserve notes are some of the most common types of large size currency, especially for the five, ten, and twenty dollar denominations. Abraham Lincoln $5 notes are typically worth about $50 in circulated condition if they don’t have any problems like rust, stains, tears, holes, missing pieces, etc. […]

The term “fractional currency” was first used on the second issue. They were issued from October 10, 1863 to February 23, 1867. The design elements were basically all the same for the 5, 10, 25, and 50 cent denominations. Printing ranges were between 12 million and 60 million, depending on the denomination. Each note was […]