A very nice honestly worn note. Priced for the budget minded collector. A great way to start your set!
- These small size National Currency notes were issued beginning in early 1929.
- Housed in an inert currency sleeve and graded Almost Uncirculated-50 EPQ by PMG
- Designated as having Exceptional Paper Quality (EPQ).
- Jones/Woods signatures—Friedberg #1870-G.
- Face: A portrait of President Andrew Jackson.
- Back: An engraving of the White House.
Add this nice collector’s item to your cart today!
Small size Federal Reserve Bank Notes were printed as an emergency issue in 1933 using the same paper stock as National Bank Notes. They were printed in denominations of $5 through $100. A National Bank Note has a line for the national bank's president's signature. The small size Federal Reserve Bank Note printed a bar over the label for this line since Federal Reserve Banks had governors, not presidents.
The wording also was changed to add, "Or by like deposit of other securities" after the phrase, "Secured by United States bonds deposited with the Treasurer of the United States of America". The twelve Federal Reserve Districts also appear on the bills as black alphabetically sequenced letters, from "A" to "L", a system essentially followed today on the $1 bill.