Fr # | 232 |
Year | 1899 |
Denomination | $1.00 |
Series | Silver Certificate |
Serial # | M82797988M |
Grade | PMG 64 Exceptional Paper Quality |
Comments | Exceptional Paper Quality |
PMG # | 5005229-012 |
PMC Category | Gold |
Estimated Value | $900.00 |
The Series 1899 "Black Eagle" $1 Silver Certificate, ranked #16 in 100 Greatest American Currency Notes, is one of the most recognized and sought-after pieces of U.S. paper money.
Its face showcases the striking "Black Eagle" engraving with bold blue seals and serial numbers, along with the inscription ONE SILVER DOLLAR PAYABLE TO THE BEARER ON DEMAND. The note is also notable for its ornate back design, which features portraits of Ulysses S. Grant and Abraham Lincoln beneath the eagle’s wings—marking it as one of the last truly artistic issues of large-size U.S. currency.
Backed by silver held in the U.S. Treasury, the note is distinguished by its bold blue seal and matching serial numbers. Often referred to as “horse blankets” due to their larger size, these notes are more than half an inch taller and an inch longer than modern bills, making them a notable piece of American currency history.