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United States · United States Note

$5 note, 1907

$5 · United States Note · Series 1907

Large-size face with Jackson, the pioneer family, and a red seal; green back with a rosette. Fr. 91, serial M12980830, Speelman–White.

Catalog facts

Pick reference
P#186(9) · Fr. 91
Serial number
M12980830
Signatures
Harley V. Speelman (Register of the Treasury) and Frank White (Treasurer of the United States)
Condition
Circulated, unslabbed; horizontal center crease on the back; no numerical grade from the photographs (private collection)
Printage
Bureau of Engraving and Printing, Washington, D.C. Printed Series 1907. Plate letter B on the face, left of United and at lower right; no face-plate number and no back-plate number are readable. The printed signatures are Speelman–White (Fr. 91; P#186(9)). Serial M12980830 is ordinary: it is not low (1–100), it is not fancy, and it is not a star. This record does not invent a printage, a block range, or a delivery date for this serial. Numista gives the type as 189 × 80 mm. That is not a measurement of this piece.

Face

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Face of the Series 1907 United States Note $5, Fr. 91, serial M12980830: Jackson, the pioneer family, the red seal, and plate letter B.

Face of the Series 1907 United States Note $5, Fr. 91, serial M12980830: Jackson, the pioneer family, the red seal, and plate letter B.
Face of the Series 1907 United States Note $5, Fr. 91, serial M12980830: Jackson, the pioneer family, the red seal, and plate letter B.

Back

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Back of the Series 1907 $5, serial M12980830: the legal-tender clause, SERIES OF 1907, and the rosette under UNITED STATES OF AMERICA.

Back of the Series 1907 $5, serial M12980830: the legal-tender clause, SERIES OF 1907, and the rosette under UNITED STATES OF AMERICA.
Back of the Series 1907 $5, serial M12980830: the legal-tender clause, SERIES OF 1907, and the rosette under UNITED STATES OF AMERICA.

The note

The Series 1907 $5 (Pick 186(9), Friedberg 91; Numista N#225775) is a large-size United States Note — also a Legal Tender Note, or greenback. The black face with a red seal and serials carries Andrew Jackson’s portrait at left and the pioneer-family vignette at center: a standing man with an axe, a seated woman, and a dog. Collectors call that face the Woodchopper. The upper arc reads UNITED STATES NOTE; below it, SERIES OF 1907 and ENGRAVED & PRINTED AT THE BUREAU OF ENGRAVING & PRINTING. The blackletter title United States introduces Will Pay the Bearer FIVE DOLLARS. The scalloped red Treasury seal sits above WASHINGTON, D.C. The lower border reads LEGAL TENDER FOR FIVE DOLLARS. The signatures are Harley V. Speelman’s (Register of the Treasury) and Frank White’s (Treasurer of the United States). Red serials M12980830 repeat at lower left and upper right, with no suffix letter. Plate letter B sits left of United and at lower right. The green back carries the clause THIS NOTE IS A LEGAL TENDER AT ITS FACE VALUE, SERIES OF 1907, the geometric rosette under UNITED STATES OF AMERICA, and an open panel at right, which belongs to this back. Collectors call these large-format notes horse blankets, the size in use before the 1929 reduction. This collection piece, circulated and unslabbed, is shown on both faces. It is not the Series 1917 $1 or the Series 1917 $2.

The Woodchopper $5

The act of 25 February 1862 authorized United States Notes as legal tender for public and private debts. They replaced the Demand Notes of 1861; the nickname “greenback” was born on those green backs and traveled with this class. A red seal and red serials mark the type. The BEP engraved them from Series 1869. The last delivery to the Treasury was in 1971; none have been placed in circulation since 21 January 1971. Outstanding notes remain redeemable at face.

The printed year 1907 is the series, not each sheet’s press date. Speelman was Register of the Treasury from 1922 to 1927 and White was Treasurer from 1921 to 1928, so Fr. 91 was printed in the 1920s. Numista numbers this pairing as Fr. 91 (P#186(9)) within type N#225775 and gives the design as 189 × 80 mm. That measurement belongs to the type, not to this piece. No Fr. 91 printage is invented.

Scarcity and printage

Speelman–White (Fr. 91; P#186(9)) is the signature pairing of this Woodchopper face. Counter 12980830 is an ordinary serial. The photographs do not show a readable face-plate number or back-plate number, so the piece is recorded as Fr. 91 from the signatures and the design. No census and no market premium are invented.

Population

A PMG or PCGS census for serial M12980830 has not been independently verified. The note is shown unslabbed, with no certificate number.

Sources

Other records from the same issuer or era in this case.

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