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1929 (I-Minneapolis) $50 Brown Seal FRBN VF

1929 (I-Minneapolis) $50 Brown Seal FRBN VF

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Series 1929 $50 National Currency note issued by the Federal Reserve Bank of Minneapolis. This is a nice Very Fine example with moderate wear. Bold brown seal and serial numbers.

Currency Highlights:
  • All small size Federal Reserve Bank Notes are from series 1929.
  • Notes will be housed in an archival quality currency sleeve.
  • Graded Very Fine.
  • Jones/Woods signatures—Friedberg #1880-I.
  • Face: A portrait of President Ulysses S. Grant.
  • Back: An engraving of the U.S. Capitol.

Handle your currency with care by adding these cotton gloves to your order.

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 $5.00 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 $1.00 bill.

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