$5 Small Size Legal Tender Notes // Set of 2 // 1953 & 1963 // Uncirculated // Deluxe Collector's Pouch

Since the introduction of federally issued paper money in 1861, several forms of U.S. currency have been produced. This set highlights a key type of American paper money from the 1950s to the 1960s with two red seal $5 legal tender notes dated 1953 or 1963, in uncirculated condition. Each note will be housed in an archival-quality plastic sleeve and presented in a luxurious black velvet bag with certificate of authenticity.

United States Notes, also known as Legal Tender Notes, were a form of U.S. paper money issued from 1862 to 1971. Legal tender notes were originally placed in circulation by the U.S. Treasury to pay expenses incurred by the Union during the Civil War. Having been produced for 109 years, they were the longest running form of paper money in U.S. history.

During the next century, the legislation governing these notes was modified many times and numerous versions were issued by the Treasury. Prior to 1929, United States Notes were issued in a large-size format later referred to as “horse blankets.” Starting in 1929, the size of U.S. currency was reduced to its present dimensions, and the United States Notes appeared more similar to recent Federal Reserve Notes, with the distinction of having Treasury seals and serial numbers that were red instead of green. Although all United States Notes remain valid currency to this day, they are virtually non-existent in circulation and some command significant collectible premiums.