This is a 1891 $5 Silver Certificate Note in Very Fine Plus Condition. This note is the FR# 267. This note has the Tillman and Morgan signatures. Very strong note, great color and eye appeal. This note is a must for your collection,  and it's becomming very hard to come by. This note comes from a collection that we are auctioning off, so please take a look at our other auctions and our E-Bay Store. Thank You

All silver certificates were authorized by the Acts of Februrary 28, 1878 and August 4, 1886. America's economy was booming at that time, and the demand for silver coinage in day-to-day business transactions outdistanced the supply. Silver Cerificates were not intended to replace coinage but to create a convenient medum of exchange, whereby the government held specific quantities of Silver Dollars (later bullion) and agreed to redeem the notes or certificates against them. The first of five, large-size issues had "Certificate of Deposit" printed on the face of $10 to $10,000 notes. The notes of 1878 all have the countersignature of the United States Assistant Treasurer. Notes of $1, $2, and $5 account for the third issue of 1896 and the fourth issue, Series of 1899. The fifth issue, series of 1923, included only $1 and $5 notes.
Small-size silver certificates in denominations of $1 (1928, 1934, 1935 and 1957), $5(1934 and 1953), and $10(1933, 1934, and 1953) are no longer printed. Series of 1934 $1 notes were the first to have the Treasury signatures overprinted on the notes; previous signatures were engraved into the printing plates. After June 24, 1968, silver certficates were no longer redeemable for silver. The notes are still legal tender at their face value, however collectors place a higher value.

Like the Legal Tender Notes, the Silver Certificates are extensive and offer many varieties of design and subject matter. Two Acts of Congress authorized all the Silver Certificates that were issued, the Acts of February 28, 1878 and August 4, 1886. Under these Acts, there were five different issues, as follows: The first issue consisted of notes from 10 to 1,000 Dollars of the series of 1878 and 1880. These notes are particularly attractive because the reverses ar black in color and do not look like conventional paper money. These notes are difficult to find in new condition. They are called on the obverse" Certificate of Deposit," which term does not appear on the later issues. The obligation on this first issue is as follows, "This certifies that there have been diposited with the Treasurer of teh U.S. at Washington, D.C. payable at his office to teh bearer on demand - silver Dollars.... This certificate is receivable for customs, taxes and all public dues and when so received may be reissued." All the notes of the 1878 series are countersigned by various Assistant Treasures at New York, Washington and San Francisco in order to denote that silver had been deposited at their offices in these cities. The second issue of Silver Certificates consisted of notes from 1 to 1,000 Dollars of the series of 1886, 1891 and 1908. The notes of the 1886 series are quite popular because of the attractive reverses which are entirely covered with fine, detailed lathe work. Please refer to the text for which denominations exist in any given series. The third issue consisted only of 1,2 and 5 Dollar notes of the series of 1896. These notes comprise the famous and ever popular Educational Set. These notes are both the most historical and most artistically designed of all issues of our currency. The fourth issue consisted only of 1,2 and 5 notes of the series of 1899. This issue is notable for the many signature combinations that apperar on the notes. The fifth issue consisted only of 1 and 5 Dollar notes of the series of 1923. The obligation on the notes of the last four issues is as follows, "This certifies that there have been deposited in the Treasury of the United States (of America) - silver Dollars paypable to the bearer on demand.... This certificate is receivable for customs, taxes and all public dues and when so received may be reissued."

---

Please Bid With Confidence, We Have A 100% Return Policy!

Please read ME, for Details.

---

Photos

We never use stock photos. Every photo is of the exact item for sale. If you have any questions please ask. Thank You

---

For Fastest Response Please E-Mail Us Directly At:

trade_on_line_mm@yahoo.com

---

For Fastest Shipping Pay Us With
Pay Us Directly With Your : Master Card or Visa

We accept Master Card, Visa, Personal Checks, Money Orders, Cashiers Check.

For Polices Please Check Out About ME

Response from winning bidder must be received within 7 days of auction ending.
Negative feedback may be posted if there is no response and item has to be re-listed. Serious bidders only please.

Credit Card, Money Orders, Certified Checks = shipping within 48 HRS.

Personal Checks or Business Checks = shipping as soon as funds clear 5-7 business days.

We will recalculate shipping fees on multiple purchases, please notify if looking at multiple auctions.

If shipping out of the United States please e-mail us and let us know where, so shipping cost can be obtained.

Thank you

Checkout my other Auctions.

For Questions E-mail at trade_on_line_mm@yahoo.com