The $5 bill, series of 1899 silver certificates featured a portrait of Indian American. His name is well known by Running Antelope became a head chief of the Tatokainyanka in 1851. He was born in 1821 in South Dakota and passed away in 1896. Three years later, his portrait was depicted on the $5 Dollar Bill Silver Certificate. This explains why this note is called by many collectors as the nickname “Indian Chief Note” or “Chief Note”.
A Well-Known American Indian Chief Depiction On The Front Of The 1899 $5 Silver Certificate
There were four denominations from the series of 1899 silver certificates which is $1 Black Eagle, $2 Mini-Porthole, $5, and $10. But only three of them were released. All of these silver certificates were backed by physical silver from the stockpile US Treasury until this practice was halted on June 24, 1968, by the passage Act of June 4, 1963.
Explore the design detail applied to the 1899 $5 Chief Note
The denomination is engraved with roman numerals and letters on the left-hand side of the portrait. The serial numbers repeated two times on the top right and bottom left. All of the two components and the seal are printed with blue ink. From this series onward, blue ink has been used as a symbol indicated for silver certificate notes.
All of the denominations from the series 1899 were produced from the late 19th until the 1920s. More than 500 hundred million "Chief Note" were issued during this time. Most of them were redeemed for silver bullion. There are only under 5000 examples left nowadays and were recorded on the numismatic market.
There are ten varieties of signature combinations for the 1899 $5 silver certificate. The scarcest signature pairing is the Fr.276 Napier-Thompson. Redemption design from the reverse, which contains a centered giant "V" with the numeral "5" and "FIVE" in highly stylized scrollwork above and below the large "V".
Collecting the $5 Series of 1899 Silver Certificates: A Must-Have for U.S. Paper Money Enthusiasts
At any grade level, these examples are really desired and considered as one of the all-time favorite note. The dedicated US paper money collector may purchase this Chief Note with various levels of encapsulation by another third-grading company at a reasonable price.
The $5 Silver Certificate "Chief Note" which is undoubtedly among the most well-known banknotes ever, combines American history with exquisite artwork to create a truly American banknote from the early 1900s. It is understandable why the note is placed 10th on the list of the 100 Greatest American Currency Notes.
For anyone interested in collecting U.S. Paper Money, the $5 Series of 1899 Silver Certificate is a must-have. These certificates are highly sought after by collectors and are becoming increasingly scarce specifically in higher conditions. If you're a collector or simply someone who appreciates American history and the beauty in terms of art, the $5 Series of 1899 Silver Certificate is an opportunity not to be missed.
