The reason the earlier notes, ie Series 1923 and before were payable in "One Silver Dollar" had to do more with the fact that a silver dollar actually had more silver in it than the sum of the fractional coins that you could have to make a dollar in value with. A silver dollar has .7735 oz of silver vs. the fractional coins ie dime, quarter, and half having a net weight of .7234 oz of silver. With the Series 1935 the phrase was changed to One Dollar In Silver because the law had been changed on what legally had to back a silver certificate so that the only guarantee was that you would get $1 in silver coin - which in reality you were likely to only get .7234 oz because silver dollars were last minted in small numbers in 1935.
Another Chinese note, this one is dated 2015, which I believe is the most recent circulating series, at least for this denomination.
Here's a pair of recent acquisitions from a defunct local bank that I'm quite excited about. 1852 $2 The Exchange Bank of Tennessee at Murfreesboro 1856 $1 The Exchange Bank of Tennessee at Murfreesboro
Recently picked up this 12 1/2 Cent Obsolete note mostly because of it’s unique denomination… not sure if it qualifies as an Obsolete or as a Fractional (or both, though it's a full size note, not fractional size) but it’s different than the other notes in my collection as it kind of goes against most of the things that attract me to obsoletes (which is the beautiful designs and ornate artwork on a lot of them) but 12 1/2 cents is such an odd number for currency and I’d never seen one before and had to add it to the collection. It’s dated 1841 which makes it 180 years old, which also really cool.. It turns out that in 1841 we had three U.S. presidents.. Martin Van Buren finished his term and then William Henry Harrison took over but died a month later from pneumonia, so John Tyler took over. So, in one year we had our 8th, 9th and 10th Presidents. 1841 was also the year the Supreme Court ruled on the AMISTAD rebellion, Edgar Allen Poe’s “Murder in the Rue Morgue” was published and became recognized as the first significant work of Detective Fiction, Fordham University was established, the city of Dallas was founded, Samuel Adams was murdered, the concept of Probation was developed in Boston for lesser offenders, Whitman’s Chocolate Company opened it’s doors and the first self-propelled Steam Pumper Fire Engine was built in New York.. a lot happened that year while this note was in circulation.. pretty cool.
Not to mention there was a bank in Baltimore, MD, that issued 6 1/4 cent banknotes (maybe @SteveInTampa could correct me on the specifics). Regardless, if you're looking for odd denominations based on the 8-Reales coin, it would be another interesting note to add to your collection.
Thanks for the tip on those notes... really cool It seems so strange that a note could be worth 6 1/4 cents.. did they ever mint a 1/4 cent coin? I thought the Half-Cent was the smallest ever minted.. How would you spend such a thing and get change?
Spanish reales were legal tender at the time. 6 1/4 cents was equivalent to a half real, and change could be made that way.
Wow, I didn't know that. Just looked it up and learned that the Spanish Real was the coin that U.S. Dollar was based on.. had no idea.. It also appears that's why they designed the San Antonio Quarter the way they did. Learned so much today
Northern Ireland ~ Northern Bank £5 1976. Printed by Bradbury Wilkinson, the British subsidiary of American Banknote Company. Most notes issued during "The Troubles" are very minimalist in design - obviously a reflection of the situation there with the conflict betwixt the Nationalists and the Unionists.