Production Figures and Collecting Ability
Demand Notes are no longer found in circulation, but are instead in the hands of collectors. Of the surviving Demand Notes, the vast majority are $5 and $10 notes with "For the" engraved on them and from the locations of New York, Boston, and Philadelphia. No notes are known with the actual signatures of F. E. Spinner and L. E. Chittenden. Because of their rarity, Demand Notes are mainly collected by acquiring a single example of the $5 and $10 denomination. Facsimile reproductions are also available.
The price and value of a Demand Note depends primarily on its rarity (which location and whether "for the" is handwritten or engraved) and secondarily on its condition. The more common five dollar notes usually range in price from $2,000 to $25,000. Ten dollar notes of the more common varieties usually have a value range of $4,000 to $30,000. Price ranges of the twenty dollar notes with "for the" engraved and from New York, Boston, and Philadelphia usually vary from $40,000 up to $100,000. Notes of any denomination with "for the" handwritten change hands at prices between $30,000 and $60,000. Notes from Cincinnati and St. Louis only very rarely change hands. Apart from the more common types, Demand Notes are usually only available for sale at auction.
| Location | Notes printed | Issued face value | Notes remaining with "For the" engraved |
Notes remaining with "For the" handwritten |
|---|---|---|---|---|
| $5 denomination | ||||
| New York | 1,500,000 | $7,500,000 | More common* | 8 known |
| Philadelphia | 1,400,000 | $7,000,000 | More common | None printed |
| Boston | 1,340,000 | $6,700,000 | More common | 1 known |
| Cincinnati | 44,000 | $220,000 | 5 known | 0 known |
| St. Louis | 76,000 | $380,000 | 9 known | 0 known |
| Total: | 4,360,000 | $21,800,000 | estimated 600–800 notes remain | |
| $10 denomination | ||||
| New York | 640,000 | $6,400,000 | More common | 5 known |
| Philadelphia | 580,000 | $5,800,000 | More common | 3 known |
| Boston | 660,000 | $6,600,000 | More common | 2 known |
| Cincinnati | 75,000 | $750,000 | 6 known | 1 known |
| St. Louis | 48,000 | $480,000 | 4 known | 1 known |
| Total: | 2,003,000 | $20,030,000 | 140 notes known, estimated 160–180 remain | |
| $20 denomination | ||||
| New York | 320,000 | $6,400,000 | 7 known | 1 known |
| Philadelphia | 240,000 | $4,800,000 | 6 known | 0 known |
| Boston | 300,000 | $6,000,000 | 4 known | 0 known |
| Cincinnati | 25,000 | $500,000 | 1 known | 0 known |
| St. Louis | 25,000 | $500,000 | 0 known | 0 known |
| Total: | 910,000 | $18,200,000 | 19 notes known | |
| Grand Total: | 7,237,000 | $60,030,000† | Less than 1000 notes of all denominations remain | |
Notes:
*: More common is used as a relative term to describe the percentage of notes of the $5 and $10 denominations that remain today
†: 3,000 $10 notes were reissues of redeemed notes thus creating the $30,000 overage of the legislated $60,000,000
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