20 Dollars, Compound Interest Treasury Note, United States, 1864

Description (Brief):

One (1) 20 dollar note

Description (Brief)

United States, 1864

Description (Brief)

Obverse Image: Female figure representing Victory at left. Cannon with cannonballs at bottom center. Portrait of Abraham Lincoln at right.

Description (Brief)

Obverse Text: LEGAL TENDER FOR TWENTY DOLLARS / TREASURY DEPARTMENT / THESAUR * AMER * SEPTENT * SIGIL / 20 / TREASURY NOTE. THREE YEARS AFTER DATE THE UNITED STATES WILL PAY THE BEARER TWENTY DOLLARS WITH INTEREST AT THE RATE OF SIX PERCENT PER ANNUM COMPOUNDED SEMI-ANNUALLY. / COMPOUND INTEREST TREASURY NOTE / WASHINGTON, AUG. 15, 1864. / B1 / 52149 / REGISTER OF THE TREASURY / TREASURER OF THE UNITED STATES / IN GOD IS OUR TRUST / ACT OF JUNE 30TH. 1864 / GOD AND OUR RIGHT

Description (Brief)

Reverse Image: Geometric pattern with three circles.

Description (Brief)

Reverse Text: BY ACT OF CONGRESS THIS NOTE IS A LEGAL TENDER FOR TWENTY DOLLARS BUT BEARS INTEREST AT SIX PER CENT COMPOUNDED EVERY SIX MONTHS, THOUGH PAYABLE ONLY AT MATURITY AS FOLLOWS: / SIX MONTHS INTEREST .60 NOTE WORTH 20.60 / ONE YEAR ....."........1.22.......".........21.22 / 18 MONTHS........"..........1.85........"...........21.85 / TWO YEARS........."...........2.51........".........22.51 / 30 MONTHS....."........3.19.........."...........23.19 / THREE YEARS......".........3.88...........".......23.88 / THIS SUM $23.88 WILL BE PAID THE HOLDER FOR PRINCIPAL AND INTEREST AT MATURITY OF NOTE THREE YEARS FROM DATE.

Date Made: 1864

Depicted: Lincoln, AbrahamMaker: Bureau of Engraving and Printing

Location: Currently not on view

Place Made: United StatesAssociated Place: United States

See more items in: Work and Industry: National Numismatic Collection, Compound Interest Treasury Notes

Exhibition:

Exhibition Location:

Credit Line: U.S. Department of the Treasury

Data Source: National Museum of American History

Id Number: NU.78.5.003Serial Number: 52149Accession Number: 1978.0941Catalog Number: 78.5.003

Object Name: note

Physical Description: paper (overall material)Measurements: overall: 8.7 cm x 19.4 cm x .01 cm; 3 7/16 in x 7 5/8 in x in

Guid: http://n2t.net/ark:/65665/ng49ca746b3-4076-704b-e053-15f76fa0b4fa

Record Id: nmah_1840122

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