Colonial Notes, National Bank Notes through Federal Reserve and Legal Tender Notes
U.S. Paper Money began in the Colonial era and includes the famed Continental currency that financed the Revolution. After Independence came the vast army of notes issued by private banks which are today called Obsolete or “Broken Bank” notes. The Civil War triggered the issue of Confederate and Southern State currency with which the South financed its part of the conflict. The War between the States also launched the continuing series of paper money issued by the United States government. Collectible Federal issues are highlighted by the historic Greenbacks, Gold Notes, the rare National Gold Bank issues, Silver Certificates and Federal Reserve notes.
National Bank Notes are another great American collecting area, made up of notes of uniform design but bearing the names of local banks in all parts of the country. Collecting Nationals by State and City is a booming specialty today. Specialists can even find an on-line census of each and every note ever discovered and its history at public auction. Such tools aid and assist the avid collector and demonstrate the investment potential of particular series. Another fascinating byway of paper money is the Military Payment Certificate which recalls the far-flung battlefields of World War II and the conflicts of the Cold War era.