When is small greater than large? Read on ...

"Large size currency is too expensive," claims US Treasury Department!

During the 1920s, the U.S. Treasury Department was having to purchase massive amounts of expensive special paper in order to print the required large size currency notes. Treasury Administrators realized that the huge price associated with the printing of large size notes was costing a premium. Therefore, they believed that millions of American dollars could be saved simply by reducing the size of the notes. 

Therefore, on July 10, 1929 (just weeks prior to the 1929 Stock Market Crash) the first of the smaller sized notes were printed and placed into circulation. The Legal Tender, Gold Certificates, Silver Certificates, Federal Reserve Notes and National Banks Notes were the first officially recognized small size notes printed.

For more information about these and other collectable coins and currency, please visit our web site at  http://www.treasuredstocks.com/ 
or email  jeff@treasuredstocks.com.

Stanton-signed coin notes -- stunning and rare!

Treasury or Coin Notes of 1890

1891 $1 Stanton Treasury Note Bruce - Roberts PCGS 64 PPQ Very Choice New Fr #: 352

Large Size Treasury Or Coin Notes were printed from 1878 to 1923 in the United States, as part of its circulation of paper currency. The Large Size Treasury Or Coin Notes were initially redeemable in the same face value of silver dollar coins, and later in raw silver bullion. Because of their significance in US history and rarity, Large Size Treasury/Coin Notes have become increasingly collectible and valuable. 

A portrait of Edwin M. Stanton, Abraham Lincoln’s Secretary of War, appears on the $1.00 denomination.

One of the most interesting of the large size type notes are the Treasury or Coin Notes which were issued between 1890 and 1891. Importantly, these notes were redeemable in silver or gold coin. 

For more information about this and other collectible notes, please visit our web site at  http://www.treasuredstocks.com/   or email  jeff@treasuredstocks.com.

History and intrigue behind Chief Silver Certificates

Chief Silver Certificates

One of my all-time favorite Large Size currency notes is the 1899 Large Size Blue Seal Five Dollar “Chief”.

This note shows, as its center and central figure, the image of brave Chief Running Antelope who became Head Chief of the Hunkpapa in 1851.

He was born in South Dakota in 1821 and raised in native traditional skills and values. As diplomat, communicator, and warrior Chief Running Antelope was a friend and adviser to Chief Sitting Bull during the Plains Indian conflicts. He believed, however, that native nations should compromise with, not fight against, whites.

If you are looking at a Chief Silver Certificate you are looking at a picture of the only Native American Indian to be featured on a US Currency item. The engraved picture is not without controversy, however. The story is that Chief Running Antelope is shown wearing a Pawnee head dress, not Hunkpapa, because the one the Chief actually wore was too tall for the engraving. Another version of that story is that the Chief was told to wear the Pawnee head dress during the photographic session which he adamantly refused to do. Either way, the head dress show on his head is Pawnee.

Chief Running Antelope was pictured on the five dollar Silver Certificate in 1899. Unfortunately, he died long before the printing, sometime between 1896 and 1897. 

These notes are also known as “onepapa,”  (a bit of a misnomer for the Oncpapa/Hunkpapa Tribe of the Sioux Nation), “Chief Antelope,” “Chief Onepapa” or quite often just the “$5 Chief..”

The “Chief” notes are highly sought-after, collectable, and if graded at a higher scale, extremely valuable.

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For more information and stunning examples of Silver Certificates, Large Size Notes, and Blue Seal Notes, visit treasuredstocks.com or call Jeff Smith at 870-670-4255

Treasured stocks.com was founded in 1987 to provide currency enthusiasts and investors with a wide choice of currency items. The site offers a range of national and international coins and currency for the value conscious currency collector and investor. Please contact us at 870-670-4255 or email us at jeff@treasuredstocks.com

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