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

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

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Description (Brief)
One (1) 20 dollar note
United States, 1864
Obverse Image: Female figure representing Victory at left. Cannon with cannonballs at bottom center. Portrait of Abraham Lincoln at right.
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
Reverse Image: Geometric pattern with three circles.
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.
Location
Currently not on view
Object Name
note
date made
1864
depicted
Lincoln, Abraham
maker
Bureau of Engraving and Printing
place made
United States
Associated Place
United States
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
ID Number
NU.78.5.003
serial number
52149
accession number
1978.0941
catalog number
78.5.003
Credit Line
U.S. Department of the Treasury
See more items in
Work and Industry: National Numismatic Collection
Compound Interest Treasury Notes
Data Source
National Museum of American History
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