Treasury Notes
| Years: 1890 & 1891 |
| Types: Treasury Note |
| Denomination: $1, $2, $5, $10, $20, $50, $100, $500, $1,000 |
| Value Chart: Treasury Note Values |
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Value Chart
| Denomination | Poor Condition | Good Condition | Excellent Condition |
|---|---|---|---|
| $1 Treasury Note | $50 to $75 | $100 to $350 | $400 to $1,000 |
| $2 Treasury Note | $100 to $175 | $200 to $425 | $500 to $1,200 |
| $5 Treasury Note | $225 to $350 | $400 to $600 | $650 to $1,350 |
| $10 Treasury Note | $375 to $525 | $575 to $700 | $750 to $1,400 |
| $20 Treasury Note | $500 to $700 | $750 to $1,200 | $1,500 to $3,000 |
| $50 Treasury Note | $1,000 to $2,000 | $4,000 to $15,000 | $25,000 to $50,000 |
| $100 Treasury Note | $10,000 to $20,000 | $25,000 to $50,000 | $75,000 to $150,000 |
| $500 Treasury Note | Unknown | Unknown | Unknown |
| $1,000 Treasury Note | $30,000 to $75,000 | $100,000 to $200,000 | Over $1,000,000 |
we’ve paid as low as
$50
most are worth
$150
we’ve paid as much as
$152,750
Treasury notes issued by the United States can be as affordable as $50 and as expensive as $150,000, it really all depends upon a few factors that we’ll talk about in this guide. These bills were only printed for two years: 1890 and 1891. The overall design for both years was generally the same, the only difference being the seal size and type which is different at times. Depending on the denomination, the back of the treasury bill notes will be different. Some of the backs make the treasury notes worth more than others. The 1890 issue will almost always bring more value, as long as their conditions are similar. If you have questions about your treasury coin note, make sure to ask. I am always interested in buying old paper money.
It’s clear that antique treasury note bills can be worth more than fifty dollars, oftentimes much, much more. Condition matters when determining any collectible currencies’ value. The goal of this page is to help you figure out what you have in your collection, and how much its really worth.
We’ve been dealing and collecting with collectible paper money for over 25 years and consider ourselves to be the strongest buyers across the entire United States.
While we are particularly specialized in high denomination bank notes, ($500, $1,000, $5,000, & $10,000 … yes they exist!) we have a strong understanding of market values for all types of paper money. Whether your bill has a red seal (Legal Tender), blue seal (Silver Certificate), gold seal (Gold Certificate), or green seal (Federal Reserve Note) we are here to help make sure you become educated about old paper money.
Disclaimer: Do not fall victim to selling your valuable collection to a local pawn or coin shop that may rob for what your paper money is really worth. Contact a paper money expert before selling any currency you own.
$1 Bill
$2 Bill
$5 Bill
$10 Bill
$20 Bill
$50 Bill
$100 Bill
$500 Bill
$1,000 Bill
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One Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $1 Treasury Note at $50. An uncirculated (UNC) example is worth $1,000. (read more)
Picture of 1890 $1 Treasury Note
The first treasury note printed was the 1890 $1 Treasury bills. Today, these bills are very rare and challenging to acquire in excellent condition. You will see Stanton is pictured on the front of each note with his long black and white beard.
Picture of 1891 $1 Treasury Note
This will be typical with each denomination, the 1890 has the large brown seal while the 1891 has the small red scalloped seal. The higher the denomination, generally the more valuable and difficult they are to acquire.
Two Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $2 Treasury Note at $100. An uncirculated (UNC) example is worth $1,200. (read more)
Picture of 1890 $2 Treasury Note
Old two dollar bills are rare to come by nowadays, especially those from 1890. This large brown seal 1890 treasury note $2 bill is exceptionally rare, especially in high grade. If you have a note that looks like this, make sure to contact us and we’ll help you identify it.
James B. McPherson, United States Army officer who served as a general during the Civil War, is pictured on all $2 treasury notes.
Picture of 1891 $2 Treasury Note
The small red scallop seal treasury notes tend to bring less money than the 1890 large brown seal type, but that’s not always the case. Knowing this is a distinguishing factor when determining a notes value, along with its overall condition and signature combinations make it pivotal if you plan to sell your old bill.
Five Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $5 Treasury Note at $225. An uncirculated (UNC) example is worth $1,350. (read more)
Picture of 1890 $5 Treasury Note
Five Dollar Treasury Notes are some of my personal favorite United States bills to collect. I’m a sucker for bills that have George Thomas on them, and for some reason, these notes always seem undervalued in comparison to other denominations. Large brown seal banknotes will almost always bring more money in the market unless you have a low serial number or pristine condition banknote.
George H. Thomas, U.S. Army officer and Union general during the American Civil War, is on all $5 treasury notes.
Picture of 1891 $5 Treasury Note
1891 $5 Treasury Notes are easier to find than the 1890 treasury notes, but in general, both dates are relatively challenging to locate today. Unfortunately, when it comes to value, these simply don’t bring what they used to, especially in comparison to higher denomination treasury bills.
Ten Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $10 Treasury Note at $375. An uncirculated (UNC) example is worth $1,400. (read more)
Picture of 1890 $10 Treasury Note
Brown seal $10 Treasury notes will always bring more money than their red-seal counterpart, however, the condition does play a large factor when determining the value of a bill. The large brown seal treasury notes are some of my favorites to collect. If you have a 1890 $10 bill and you’re interested in getting the most money for it, make sure you consult a paper money expert.
Philip H. Sheridan, U.S. Army officer and Union general during the American Civil War, is on all $10 treasury notes.
Picture of 1891 $10 Treasury Note
The 1891 $10 Treasury note is significantly cheaper to buy in the market due to its availability. Don’t think that what you have in common, though, it can still bring a lot more money than you may have anticipated before.
Twenty Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $20 Treasury Note at $500. An uncirculated (UNC) example is worth $3,000. (read more)
Picture of 1890 $20 Treasury Note
Twenty-dollar large size treasury notes are the highest denomination that is collectible. All higher denominations are considerably scarce. 1890 $20 bills are worth at least $500. If you have an old bill that looks like the one pictured above, we are buyers.
John Marshall, American politician and lawyer, is on all $20 Treasury notes.
Picture of 1891 $20 Treasury Note
The 1891 $20 Treasury note is significantly cheaper to buy in the market due to their availability and number of bills printed. We are always looking to buy old currency bills, contact us today.
Fifty Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $50 Treasury Note at $1,000. An uncirculated (UNC) example is worth $50,000. (read more)
Picture of 1891 $50 Treasury Note
The Fifty-dollar Treasury notes are one of the few denomination treasury bills that were only printed in 1891. Most had both 1890 and 1891.
If you want to see an incredibly tough note to locate, look at the $50 bill above. Not only is it a low serial number 2, but it’s the fifty dollar denomination treasury note. If you have a bill like the one above, you easily have a collectible worth at least $50,000.
Yes, you need to find a paper money expert if you have a note as rare as this one.
William Seward, served as governor of New York and the United States Senator, is on all $50 treasury notes.
One Hundred Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $100 Treasury Note at $10,000. An uncirculated (UNC) example is worth $150,000. (read more)
Picture of 1890 $100 Treasury Note
These notes come with the nickname of “Watermelon” note due to the engraving on the back of the bill. The series 1890 $100 treasury notes are highly sought after and collectible for those who can afford them. Make sure if you have one of these notes, regardless of condition, you’re contacting a reputable source who can help give you an appropriate valuation.
These high denomination treasury notes are collectible, but they are expensive. We’ve purchased a few of these during our collecting and dealing lifetime, but they are few and far between.
David G. Farragut, flag officer of the U.S. Navy during the American Civil War, is on all $100 treasury notes.
Picture of 1891 $100 Treasury Note
Series of 1891 $100 treasury notes surprisingly are considered more scarce than the earlier dated 1890 notes. Also, these have a different back design, so the watermelon nickname doesn’t stick for this date.
However, they’re very valuable in the marketplace and collectible for some who have the money. If you have an old banknote that looks like that shown above, contact us if you need help identifying it.
Five Hundred Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $500 Treasury Note at $100,000. An uncirculated (UNC) example is worth $250,000. (read more)
Picture of 1891 $500 Treasury Note
If you have a 1891 $500 treasury note, its going to look similar to the one pictured above in proof form. It’s unknown if an actual issued type exists for this banknote. It’s safe to say if a discovery issued note came about, it would be worth a considerable amount of money in the collectible market.
William T. Sherman, American soldier, businessman, educator, and author, is on all $500 treasury notes.
One Thousand Dollar Treasury Notes
OldMoneyPrices.com has estimated the average value of a $1,000 Treasury Note at $30,000. An uncirculated (UNC) example is worth $1,000,000. (read more)
Picture of 1890 $1000 Treasury Note
If I was given the opportunity to buy one banknote, the 1890 $1000 “Grand Watermelon” would hands-down be the note I would buy. We’ve had the opportunity to hold a few in person but they’re very rare.
If you own a bill that looks like the one above, contact us as we would be happy to talk about what you have.
Picture of 1891 $1000 Treasury Note
Surprisingly, the 1891 $1,000 treasury notes are more valuable than the 1890. This is usually not the case. This bill is very rare and expensive. Contact us today if you own a $1,000 treasury note.
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