U.S.A. 1983 BEP Souvenir Card B59 FUN 0 Coin Watermelon Note

Description

Department of the Treasury
Bureau of Engraving and Printing
Washington, DC
The above note features the reverse of the 0 Treasury or "Coin" note issued under legislation of July 14, 1890. These notes were backed by metallic reserves, hence the term coin notes. All such notes were redeemable in either gold or silver at the discretion of the Secretary of the Treasury. The "Coin" notes were issued in series 1890 and 1891 only.
The 0 and ,000 notes of the 1890 series bear ornately engraved backs and get the name of "watermelon" notes because of the obvious and intricate rounded design of the zeroes. They also bear an unusual legend, "This note is legal tender at its face value in payment of all debts public and private except when otherwise expressly stipulated in the contract."
Florida United Numismatists, Inc.
28th Annual Convention, January 5-8, 1983
Orlando, FL
I am not a coin or stamp dealer, so you should look carefully at the pictures to assess quality. Message me if you have any questions.