1918 (B-New York) $1.00 FRBN AU (Fr#711)

Currency Highlights:

• This denomination features a blue seal and blue serial numbers.
• Housed in an archival quality currency sleeve.
• This note is graded by Almost Uncirculated.
• Face: Features a left portrait of George Washington, with the Federal Reserve Bank of New York, New York and the obligation at the center.
• Back: Greenback with an eagle in flight carrying an American flag with the denomination in each corner.
• Bank signatures are Sailer/Strong with Teehee/Burke signatures—Friedberg #711.

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The 1918 $1 Federal Reserve Bank Note (Fr. 711) from the New York district (B) represents an important chapter in the evolution of the United States monetary system. Issued during the final year of World War I, these notes were obligations of the Federal Reserve Bank of New York and were backed by the assets of the issuing bank. Featuring the familiar portrait of George Washington, the Series 1918 Federal Reserve Bank Notes bridged the gap between the large-size National Bank Notes of the early 20th century and the modern Federal Reserve Notes that would eventually replace them. Today, Fr. 711 notes are appreciated for their historical significance, distinctive large-size format, and connection to the formative years of the Federal Reserve System, making them a popular addition to collections of early U.S. currency.