An interesting tidbit on something on the note, in the centre notice the ascending numerals 1, 2, 3. The $1 and the $2 were realised - but the $3 bill was panned before it's release. The $3 denomination was actually fairly popular during that time, many obsolete banks used it - and the $3 coin was of course in circulation.
interesting info for sure! I had the $2 also but disposed of it, it was only grade 30, ive been focusing on retaining high grade examples from my collection. Mostly mint state bills Ive kept, seems like those are the way to go in terms of long-term value appreciation. $3 dollar bills are such an oddity, it almost seems to declare itself as a fake or reproduction to the current mindset in people. We have a 3 dollar Louisiana obsolete note, that we all considered fake until I posted on these forums. I demanded we kept it because of its artistic appeal at the least, not worth a lot, but history is worth as much as eye appeal to me, good thing I like the art work
those are incredible, many times in my life the joke was made indicating the reason for existence of coins was to avoid notes like you posted. (odd denomination) What is the history behind them, were they made for a specific sector of trade with fixed prices equal to those bill values? I thought the 3 dollar note/coin, and fractional currency were unique in this aspect, but you have shown me a whole different set of things to watch
The bills above - the 6.25 cent and 18.75 cent notes were recognition of Spanish or Mexican reales in circulation at the time. Sometimes the other dollar denominations were made for a local purpose - perhaps a days or weeks wages for workers in mines etc. The $3 denomination lasted with obsoletes/private banks/municipalities etc into the 1870s(ie the evasion period where they were illegal under Federal laws):
