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currency notes
You can purchase treasury notes, a.k.a. t-notes, by going to a federal bank. This may include the Bank of America. T-notes are virtually risk free, so there is one pro of investing in them.
The treasury didn't issue notes dated 1980. please check your note again and post a new question
Treasury notes
The treasury is the entity that issues bank notes. They are issued on the amount of gold in the treasury. They are a promise to pay the holder the amount on the note. Although the holder is in possession of a note , the treasury still owns it.
The definition of the term treasury notes is securities with maturities of 1 to 10 years sold for cash or in exchange for maturing issues or at auction.
Treasury Notes / T-notes A+
The difference is the length of time to maturity. Treasury Notes mature in 10-years Treasury Bonds mature in 30-Years
100,000
Act/365
They are normally controlled by the treasury of the issuing country. In the UK, the Treasury controls the Bank of England which orders notes from the Royal Mint (coins) and De La Rue (notes). In the USA, the treasury controls the Federal Reserve, who instruct the Federal Bureau of Engraving and Printing to produce the notes and the United States Mint the coins.
Before 1928, the colour of the Treasury Seal varied from issue to issue.After that date, the colour of the seal meant something special;Green : Federal Reserve Notes. These bills are issued by the US central bank and are the only bills currently in circulationBlue : Silver Certificates. Silver certificates were issued by the Treasury and backed dollar-for-dollar with silver on deposit.Orange : Gold Certificates. Like silver certificates they were issued by the Treasury and backed with an equivalent amount of gold.Red : United States Notes US Notes were issued directly by the federal government but functioned equivalently to Federal Reserve Notes.Brown : National Bank Notes & Federal Reserve Bank Notes