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DEMAND NOTES ISSUED DURING THE CIVIL WAR
Current bid on this EF-40 note is $8,500
This is an 1861 St. Louis Demand Note and considered very rare.
In 1861 the government issued the first paper money, the Demand Notes, in order to meet the expense of the civil war.
The note is a promise to pay to the bearer but it doesn't specify that the payment be made in gold.
In 1862 the Legal Tender notes were introduced.
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GOLD AND SILVER
AS OF SUNDAY
OCTOBER 14, 2018
GOLD AND SILVER
AS OF SUNDAY
OCTOBER 14, 2018
GOLD AU: $1217.50 One week ago it was: $1202.70 Change: +1.2%
At least it held
SILVER AG: $14.58 One week ago it was: $14.63 Change: -0.3%
Second straight week for "black gold". This was expected as the dollar came up short this past week. Just on Thursday gold ran up $29. Now, is this sustainable? We all have our doubts. Lets just sit back and see what happens.
What a life.
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