| Fr # | 40 |
| Year | 1923 |
| Denomination | $1.00 |
| Series | Legal Tender |
| Serial # | A70198025B |
| Grade | PMG 66 Exceptional Paper Quality |
| Comments | Exceptional Paper Quality |
| PMG # | 2291063-003 |
| PMC Category | Gold |
| Estimated Value | $2,600.00 |
The $1 Legal Tender Note from the Series 1923, issued before the transition to smaller notes, features a design similar to today’s $1 bill, with George Washington facing right, and a highly ornate “Cogwheel” pattern on the back. It also boasts a distinctive scalloped red seal, bold red serial numbers, and is an important piece of America’s early paper currency, eventually replaced by Federal Reserve Notes. These now-obsolete notes serve as a reminder of the country’s early monetary history.