Legal Tender

Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation. The national currency is legal tender in practically every country. A creditor is obligated to accept legal tender toward repayment of a debt. Legal tender can only be issued by the national body that is authorized to do so, such as the U.S. Treasury in the United States and the Royal Canadian Mint in Canada.

TT FR 1550 1966 $100 LEGAL TENDER RED SEAL PMG ...

    TT FR 1550 1966 $100 LEGAL TENDER RED SEAL PMG 67 EPQ SUPERB GEM UNCIRCULATED ...

    TT FR 1550 1966 $100 LEGAL TENDER RED SEAL PMG 67 EPQ SUPERB GEM UNCIRCULATED         1966 $100 Legal Tender. Serial # A00201278A, with the signatures of Granahan/Fowler. Fr # 1550. Plate # B1//7. Graded 67 Exceptional Paper Quality Superb Gem Uncirculated by PMG. The margins and centering are complemented by a bold overprint and stunning originality. A popular note for the type. The 1966 $100 red seal is currently the most valuable of the red seal types as well as the...

$1,895.00