1929 (I-Minneapolis) $5.00 Brown Seal FRBN VF-20 PMG (Fr#1850-I)
$229.99
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| Any Quantity | $229.99 | $232.39 | $239.57 |
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Product Details
1929 $5 Federal Reserve Bank Note, Minneapolis in Very Fine 20 condition by PMG. This district was the 3rd least printed, less than 685,000 issues. Issued during the Great Depression as an emergency currency measure, once backed by U.S. government bonds.
Currency Highlights:- Five dollar denomination of national currency or Federal Reserve Bank Note.
- Housed in an archival quality currency sleeve by PMG.
- Certified Very Fine 20 by PMG.
- Face: Features a portrait of Abraham Lincoln.
- Back: Displays an intaglio engraving of the Lincoln Memorial.
- Friedberg #1850-I.
Protect your small size currency by adding a protective currency holder to your order.
Own a piece of Great Depression history, this scarce 1929 $5 Minneapolis Federal Reserve Bank Note won't last long. Add it to your collection today!
The 1929 series was actually a cost-cutting redesign. The government shrank all U.S. currency by about 25% to reduce paper and ink costs, and standardized designs across denominations. This happened just as the Depression was beginning.
Federal Reserve Bank Notes like this one were issued specifically during the banking crisis years (1929–1933) as an emergency measure to get more currency into circulation when public confidence in banks was collapsing. They were backed by U.S. government bonds held by the issuing Federal Reserve Bank rather than gold directly. - Specifications
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