Fr. 96. 1869 $10 Legal Tender Note. PMG Choice Uncirculated 63 EPQ. These 1869 Legal Tender Notes are commonly referred to as "Rainbow" notes due to the presence of green and red overprints inks that when combined with the blue tinted security paper provide a colorful appearance. The crisp broadly margined example here certainly supports the nickname as the rich hues of green, red and blue are impressive. The engraved design elements are boldly inked and strikingly detailed.<p>The portrait of Daniel Webster, engraved by Alfred Sealey, is at left, while at right is the vignette variously titled Introduction of the Old World to the New, or Pocahontas Presented at Court. At bottom center is an eagle perched upon a shield and clutching an olive branch and arrows. When inverted the eagle resembles a donkey lending to the popular "Jackass" nickname by which these notes are commonly known. The same design was used on the top of Fractional Currency Shields. This particular rendition of the national bird was continued on Legal Tender Notes through and including the Series of 1880.
