Missouri, Jefferson City 1 $ 1862 État du Missouri PMG 62UNC Pick# MOCR13 collections

Missouri, Jefferson City $1 1862 State of Missouri PMG 62 UNC Pick# MOCR13

Unique Recycled Paper Back Design Featuring Sitting Liberty - Few Examples Graded Higher by PMG

An exceptional piece of Civil War-era history, this $1 banknote issued by the State of Missouri in 1862 represents a unique blend of historical significance and distinctive craftsmanship. Graded by PMG as Uncirculated 62 (UNC), this note is among the finest surviving examples, withfew others graded higher. The notes uniqueness is amplified by itsdistinctive reverse, which features a Sitting Liberty design printed on recycled paper, adding an additional layer of interest to this piece.

The front of the banknote features traditional mid-19th century motifs, with detailed engravings that evoke the themes of liberty and the American spirit during a turbulent period in the nations history. The note's reverse, printed on recycled paper, showcases aSitting Libertydesign that symbolizes resilience and hope—key sentiments during the Civil War. This unique printing approach highlights the challenges faced by the issuing authorities, including material shortages that led to creative solutions like the use of recycled paper.

Historical Background of the State of Missouri Notes

In 1862, Missouri, like much of the United States, was embroiled in the Civil War. The State of Missouri issued its own banknotes as a means to keep its economy functioning during a time of great uncertainty and financial instability. These notes were used to pay soldiers and conduct local transactions, providing much-needed liquidity. Jefferson City, as the capital, was at the heart of these financial activities, and this $1 note serves as a tangible reminder of the states efforts to maintain economic stability amidst the chaos of war.

The use of recycled paper for printing banknotes was not only a practical solution but also a reflection of the resourcefulness of the time. The scarcity of quality materials during the Civil War led to innovations such as this, making these banknotes particularly interesting to collectors. The imagery of Sitting Liberty on the reverse of the note reflects the enduring ideals of freedom and strength that were central to the Union cause.

Key Features:

• Issuer: State of Missouri, Jefferson City

• Denomination: $1

• Time Period: 1862, Civil War era

• Grade: PMG 62 Uncirculated (UNC)

• Catalog Reference: Pick# MOCR13

• Unique Feature: Recycled paper used for back design, featuring Sitting Liberty

• Scarcity: Few examples graded higher by PMG

• Collectibility: High due to historical significance, unique printing method, and excellent condition

Investment Potential of Obsolete Banknotes

Obsolete banknotes like this $1 note from the State of Missouri offer collectors and investors a unique opportunity to own a tangible piece of American history. With itshigh gradeof PMG 62 UNC and the unique recycled paper back design, this note is a standout artifact that holds both aesthetic and historical appeal. As more collectors become aware of the rarity and distinct features of these banknotes, demand for high-quality examples like this one continues to rise.

The combination of scarcity, historical significance, and unique features makes this note an excellent candidate for long-term value appreciation. As collectors increasingly seek notes with intriguing backstories and exceptional quality, this $1 Missouri note is poised to become a valued asset. Its connection to a pivotal time in U.S. history, combined with its uncommon printing method, positions it as a key piece for both historical preservation and investment.

Buy It Nowto secure this rare and historically significant banknote, and add a unique artifact from Missouri's Civil War history to your collection today!

Journey Into Obsolete Banknotes: A Collectors Tale and Investment Opportunity

Welcome to the fascinating world ofObsolete US Banknotes, a captivating area of American financial history that beckons both seasoned investors and passionate collectors alike. These unique banknotes, often referred to asObsolete Bank NotesorBroken Bank Notes, were issued between the early 1800s and 1866 by private banks, state-chartered institutions, and local authorities across a diverse set of states, from: Alabama, Arkansas, California, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia,Wisconsin. This era of localized currency marks an unforgettable chapter in the history of Americas development, embodying the entrepreneurial spirit, economic dreams, and occasional pitfalls of a rapidly expanding nation.

The Appeal to Collectors and Investors

The allure ofobsolete banknoteslies not only in their scarcity but also in their extraordinary artistic designs, which reflect the values, occupations, and aspirations of early America. Many of these banknotes depict stunning vignettes of agricultural life, steamships, Native American scenes, and classical allegory. The stories behind each issue—of banks that thrived, those that failed, and those that vanished without a trace—are part of what makes these notes truly compelling for collectors. As a result,obsolete banknotes from states like Michigan, Kentucky, Indiana, and Arkansashave steadily gained value over time, attracting both enthusiasts and those interested in alternative investment vehicles.

Thecollector-investor crossoveris an exciting dimension of obsolete currency. When you acquire an obsolete banknote, youre not just buying a piece of paper—youre acquiring a slice of Americana, a relic from a time when trust in local banks was paramount. These unique banknotes offer not only historical insight but also the potential for significant appreciation. Recent auction sales have demonstrated this promise: a scarceObsolete Louisiana $5 banknotefrom the early 1850s recently fetched over$18,000at a major auction, while a rareOhio private bank issueachieved a record of$22,500. It's the thrill of finding these hidden gems that draws collectors and investors alike into this world of forgotten currencies.

The Collectors Story: An Unexpected Find

Consider the story of one determined collector: visiting a small-town estate sale inVermont, he stumbled upon a seemingly inconspicuous banknote issued by theNorthwestern Bank of Virginiain 1861. Listed for just$75, the note bore the hallmarks of a rare issue, thanks to its low serial number and crisp condition. Trusting his gut, he purchased the note, only to find months later—after it was authenticated and graded—that its market value exceeded$7,500! This kind of success story is not uncommon for those who delve into obsolete banknotes with a discerning eye and a bit of courage.

Why PMG Graded Obsolete Banknotes Are a Wise Choice

When purchasingobsolete banknotes, it is important to prioritize quality and authenticity. That's wherePMG (Paper Money Guaranty)grading becomes a significant asset. PMG-graded banknotes ensure that the notes have been authenticated, accurately graded, and preserved for the long term. Obsolete notes often face challenges like counterfeiting and degradation over time; by buyingPMG-certified notes, collectors and investors can be confident they are getting precisely what is advertised. Additionally, graded banknotes consistently outperform ungraded ones at auction, as they have verifiable condition and authenticity—a key factor that drives higher value and ensures a trustworthy investment.

Investing inPMG graded Obsolete Banknotesprovides peace of mind, ensures quality, and opens the door to both passionate collecting and profitable reselling. Each graded note tells its own story, a narrative woven into the very fabric of Americas development from a patchwork of state-issued money into a unified national system. Collectors can take pride in safeguarding these forgotten currencies, while investors recognize the unique opportunity to diversify their portfolios with historically significant and highly collectible items.