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Although the United States had been a country for close to a century at time, the federal governing administration didn’t formally start printing paper money (notes) right up until 1861, in an effort to fund the Civil War that had just started without increasing taxes. Previous to the Civil War, the only real method of lawful tender had been silver coins.
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Take note: the 12 months a bill was issued does not essentially correspond for the Series yr that may be printed about the front on the bill. The Collection 12 months signifies the earliest year that the look in the denomination was issued. At any time A significant structure alter is introduced to get a denomination, the Series year is up to date.
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As pointed out previously mentioned, elevated printing fundamentally existed for a safety characteristic considering that 1862, if the Treasury very first started out issuing paper money.