Skip to main content
Go to accessibility notice

    Description

    Fr. 190 $10 1863 Compound Interest Treasury Note Choice Very Fine. This is the rarest of the Ten Dollar Compound Interest Treasury Notes, bearing the issue date of June 10, 1864. Only ten examples are known, and this is one of the two finest. This is actually a circulating Legal Tender note that bore interest at six per cent and was redeemable in full only at the end of the three year circulating period. The table on the back shows how interest was earned over that period. As the Civil War raged on and the country sank deeper into debt financing the war, these notes were issued to help raise much needed funds. These were issued in $10, $20, $50, $100, $500 and $1000 denominations. Even lower denominations are very rare in high grade. The gold overprint has flaked off somewhat, but there is no paper loss, and the note is far above average for this issue. It's an incredibly attractive note for the type, with good remaining crispness and strong color. For those desiring something neat and out of the ordinary, this beautiful and rare note deserves strong consideration.

    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    September, 2005
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 745

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 15 days left to consign to the 2019 April 24 - 30 Central States World Currency Signature Auction - Chicago!

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    REALIZED $2,447,547