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

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

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Description (Brief)
One (1) 50 dollar note
United States, 1864
Obverse Image: Female figure representing Loyalty at left. Bust of Alexander Hamilton at right.
Obverse Text: 50 / THIS NOTE IS A LEGAL TENDER FOR FIFTY DOLLARS / TREASURY DEPARTMENT / FIFTY / WASHINGTON / OCT. 15, 1864. / THREE YEARS AFTER DATE THE UNITED STATES WILL PAY THE BEARER FIFTY DOLLARS WITH INTEREST AT THE RATE OF SIX PERCENT PER ANNUM COMPOUNDED SEMI-ANNUALLY. / COMPOUND INTEREST TREASURY NOTE / ACT OF JUNE 30TH 1864. / 127864 / REGISTER OF THE TREASURY / TREASURER OF THE UNITED STATES / TREASURY NOTE / C
Reverse Image: Geometric pattern.
Reverse Text: 50 / UNITED STATES OF AMERICA / BY ACT OF CONGRESS THIS NOTE IS A LEGAL TENDER FOR FIFTY DOLLARS, BUT BEARS INTEREST AT SIX MONTHS THOUGH PAYABLE ONLY AT MATURITY AS FOLLOWS / SIX MONTHS INTEREST.....1.50 NOTE WORTH....51.50 / ONE YEAR....".....3.04.........."......53.04 / 18 MONTHS....".....4.63.......".......54.63 / TWO YEARS......".......6.27......"......56.27 / 30 MONTHS.......".......7.96.4........."........57.96.4 / THREE YEARS..........."........9.70.3.............".............59.70.3 / THIS SUM $59.70.3 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
associated date
1864
depicted
Hamilton, Alexander
maker
Bureau of Engraving and Printing
place made
United States
associated place
United States
Associated Place
United States
Physical Description
paper (overall material)
Measurements
overall: 8.7 cm x 19.1 cm x.01 cm; 3 7/16 in x 7 17/32 in x in
ID Number
NU.78.5.004
serial number
127864
accession number
1978.0941
catalog number
78.5.004
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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