Green Seal, Maroon Seal, Red Seal, Blue Seal, Yellow/Gold Seal, silver- Certificate Note, nationwide Currency, Hawaii Emergency issue Note & U.S. Phibìc African Currency
We use currency every job in our everyday lives, and if you take it a look in ~ your record money girlfriend will an alert it has a green seal in ~ the right; have actually you ever before wondered why the seal is green, and why the is there? In the past 200 plus years, there were actually different styles of joined States currency notes used. The note that we presently have actually today are called Federal make reservation Notes, but at one time, over there were silver certificates; gold certificates, where financial institutions were causing obligation to offer you the very same amount together dictated through the invoice in that amount of silver- or gold. There were National currency notes, U.S. Currency Emergency notes printed throughout times the war. Here are some examples of the different styles of bills and the different color seals and also what castle represent.
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National money Charter bank Notes ( Maroon Seals)
National money was printed and issued to banks and significant with the state that the issued bank was in. They were a big size and also regular little size as our current size notes are today. They can be broken down into four different categories. Charters Banks, and by the three series years they represented 1862-1881, 1882-1908, 1902 which actually had blue and red seals as well as the Maroon seal, over there were numerous different banks printed on this notes and also some the the more obscure and also scarce financial institutions are rare and also valuable.
Hawaii & north Africa Emergency notes ( Yellow & Blue, and also Maroon)
Hawaii emergency notes were issued 1942-1944 during world War ll with the word HAWAII overprinted in maroon across the reverse side as well as with a maroon seal. This was done ~ the strike on Pearl Harbor v the will that if Japanese forces invaded Hawaii the bills would certainly be calculation worthless. Hawaii Emergency notes are collectible and the higher the denomination the much more collectible.
North afri notes had yellow seals on the right with a blue number in ~ the left side.They consisted of 1934A & 1935A notes $1, $5 & $10 notes. Similar to the Hawaii emergency notes they were developed by the American government due to the fact that they to be worried the the American money supply could be taken end in an over by a German attack and the currency could be devalued if need be.
Yellow Seal us Dollars (Gold Certificates)
Introduced in 1863, the yellow seal US financial institution notes were gold certificates. Meaning, the the denomination of banknote was backed by the same amount in yellow in the us treasury and that you could exchange that certificate because that the gold at a financial institution in the unified States. Which supposed that united state money was at once backed through the gold Standard. These had yellow/gold color seals and additionally has gold color X’s on them together well. Over there were numerous times the the Gold typical was suspended transparent its existence. It was suspended twice during world War ns which made the a free-floating currency, similar to the fiat money that us use and also it is today. The gold standard US dollar finally was discontinued in 1933 v the gold Reserve Acts, which made that illegal for the public to be in possession of yellow coins or certificates. In 1964, the act was lifted and also the notes could be traded again, however, like the Blue Seal silver certificates ( once backed by silver), yellow certificates might no longer be redeemed for their value in gold, and also became a collectible for collectors & numismatists.
Blue Seal us Dollars (Silver Certificates)
Similar to your gold conventional counterparts, U.S. Silver certificates had actually a blue seal. This notes very first began circulating in 1878 and also were backed by the United states stockpile of silver- bullion. This certificates can be redeemed because that their worth in silver. At first, the was v an exchange that the certificate for silver- dollar coins and later came to be an exchange because that actual silver- bullion. These notes were largely used and also traded in $1, $5, and $10 dollar denominations. In 1963, the notes to be discontinued v a deadline of 1968 put on any remaining silver- certificates to it is in redeemed because that their worth in silver. This notes room still thought about legal soft today but in most instances are valued at their face value and not in ~ the existing price of silver, back some instances with exciting serial numbers, mint uncirculated instances or uncut sheets have the right to sometimes lug a little more value come collectors.
Red Seal united state Dollars (US Notes)
The red seal dollars room an interesting fare. They were started throughout the polite War and were in production for about one hundred years, making them one of the longest created notes next to the dollar produced by the commonwealth Reserve. These notes were actual piece on nationwide debt. Which method they were straight obligations through the us government and that the individual who had actually them own a piece of the national debt. This notes went the end of circulation in the 1960s and also were gotten rid of as legal soft in the mid ’90s yet are tho spendable currency.
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Green Seal united state Dollars (Federal reserve Notes)
The receipt that we use and spend and also save space actually known as commonwealth Reserve notes. These space the just notes still being actively produced and are also the youngest. First introduced in 1914, these notes are backed by the us government and the 12 federal Reserve financial institutions within the united state prints this money and, by law, need to maintain sufficient assets come balance the notes issued. This money is no based on any gold or silver- standard. It has actually gone through many transformations choose strips, watermarks, etc. In the quest to continue to be ahead that counterfeiters, however the old versions room still spendable. Over there was talk that the old versions would certainly be referred to as in and also devalued yet this has not taken place as of yet.