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1914 (G-Chicago) $50 FRN VF-20 PMG (Fr#1050)

1914 (G-Chicago) $50 FRN VF-20 PMG (Fr#1050)

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This 1914 $50 Federal Reserve Note from the Chicago district has been certified to be Very Fine-20 by PMG. It is an excellent addition to any collection.

Currency Highlights:
  • The first of the Federal Reserve Notes issued for general circulation.
  • Housed in an archival quality currency holder by PMG.
  • Moderately circulated $50 note from Series 1914.
  • Graded Very Fine-20 by PMG.
  • Comments: Erasure.
  • Face: Last printed in 1928 and bears the portrait of President Ulysses S. Grant.
  • Back: An allegorical figure of Panama between a merchant and battle ship.
  • Signature combo of Burke/Houston—Friedberg #1050.

Add this great collectible note to your cart today!

Series 1914 Federal Reserve Notes were the first of this type issued after the Federal Reserve Act passed in 1913. This established the banking system and uniform currency that exists to this day. Denominations from $5 through $10,000 and districts A through L (Boston through San Francisco) were established.

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