$50 Federal Reserve Notes - APMEX offers a fine selection of $50 Federal Reserve Notes, issued from 1928 to date. Federal Reserve notes are the small sized paper currency still used in the U.S. today. Once printed in denominations of $1.00 through $10,000, now $100 is largest denomination printed in these notes. Federal Reserve notes are the country’s only form of paper money issued since the mid-1960s.
The face of the $50 Federal Reserve Note features a portrait of Ulysses S. Grant. The back of the $50 Federal Reserve Note features a vignette of the U.S. Capitol showing the east front.
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This series 1928 $50 FRN from the Chicago district has the "REDEEMABLE IN GOLD" clause in the obligation. This is the first of the small size fifties and the last of the numeral notes in the $50 denomination.