1862 $1 Legal Tender Note *Civil War

Updated September 16, 2026

This auction ended on September 22, 2026. See upcoming auctions from Wilson Creek Auctions LLC or current firearms & militaria auctions.
Lot number281
CategoryFirearms & Militaria
AuctionThomas's Coin Collection, & Jewelry Auction
DateSeptember 22, 2026 at 8:00 PM CDT
Auction houseWilson Creek Auctions LLC
LocationCornell, Wisconsin

The 1862 $1 Legal Tender Note is an iconic piece of American history, famous for being the very first $1 bill ever issued by the United States federal government. Released during the Civil War under the Legal Tender Act of 1862 to help fund the Union's wartime debts, this "large-size" banknote is roughly 40% larger than modern currency, earning it the historical nickname of a "horse blanket" note. The "Greenback" Birth: The reverse of the note features an intricate geometric design printed in vibrant green ink, which heavily popularized the term "greenback" for U.S. paper currency.

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