The series of 1874 notes were a result of convincing counterfeits which forced a major overhaul of the 1869 “Rainbow” series. Featuring the portrait of Thomas Jefferson on the left, a vignette of the U. S. Capitol in the center, and a vibrant red seal and serial numbers. The reverse has an open layout specifically to showcase the anti-counterfeiting security fibers embedded within the paper. This is a nice circulated example that is fully margined with bright original color.