PAPER MONEY UNITED STATES
Paper money united states in its early form was issued in the form of a note which was considered as fiat paper currency which in turn was circulated by the United States Department of the Treasury and which were in fact bills of credit and were referred to as Legal Tender Notes since each such note had an inscription saying “This Note is a Legal Tender.”
After these early United States Notes had been in circulation and after Abraham Lincoln died on 15th April 1865 there were more National Bank Notes as well as Gold Certificates issued. A common feature of United States Note was that there was the seal of the Treasury as well as a serial number printed and you could obtain such paper money in denominations of one, two, five, ten, twenty, fifty, hundred, five hundred, thousand, five thousand and even ten thousand dollars.