US Notes

Salmon Chase’s Audacious Self-Portrait: How the Treasury Secretary Put His Own Face on the 1861 $1 Demand Note and Sparked a Congressional Firestorm

In 1861, Treasury Secretary Salmon P. Chase made the unprecedented decision to place his own likeness on the first federally issued paper currency in American history, the $1 Demand Note. The political fallout was immediate and lasting, and today these notes rank among the most historically significant and collectible pieces in all of United States numismatics.

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