The item in question represents a specific form of United States currency issued in the late 19th century. It denotes a one-dollar denomination, backed by silver, and distinguished by a prominent depiction of an eagle in black ink. This type of paper money served as legal tender during its period of circulation.
These certificates are historically significant due to their representation of a particular era in American monetary policy, where currency was directly tied to precious metals. Furthermore, their relative rarity and distinct design, including the imagery and serial numbering, have made them highly sought after by collectors. The artistic merit and historical context contribute to their value.
