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US Compound Interest Treasury Note $50
Compound Interest Treasury Notes were emissions of the United States Treasury authorized in 1863 and 1864 with aspects of both paper money and debt. They were issued in denominations of $10, $20, $50, $100, $500 and $1000. They matured for three years until they could be redeemed and brought 6 percent interest.[1]
[edit] References
- ^ Hessler, Gene and Chambliss, Carlson (2006). The Comprehensive Catalog of U.S. Paper Money, 7th edition, Port Clinton, Ohio: BNR Press ISBN 0-931960-66-5.
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