This note is in nice problem free condition Fine+
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About the 1917 Sawhorse Note
The Series 1917 $1 Legal Tender Note is a classic and rarely-seen piece of U.S. currency. Issued in the large size of 7-3/8 by 3-1/8 inches (about 50 percent larger than today’s paper currency), its beautiful and ornate design reflects a time in American history when currency was not just money but also a work of art. This is the last $1 note to feature the famous “sawhorse” design on the reverse. Like all Legal Tender Notes, this bill also features a red seal and red serial numbers, as opposed to blue seals and serial numbers on Silver Certificates and green seals and serial numbers on Federal Reserve Notes.
The first Legal Tender Notes were issued during the Civil War as a way for the U.S. government to pay its debts. Since there was not enough silver and gold coinage to go around, the government issued paper currency instead. Paper currency was also safer and less bulky to transport. This type of paper money was printed with the words “legal tender” to assure the recipients that it was legitimate and that the U.S. government would fulfill its obligation to pay.
