This series 1929 $50 National Currency note is from the highly sought after Dallas Federal Reserve Bank and features a Brown seal and serial numbers.
- Series 1929 issues have brown seals and serial numbers.
- Housed in an archival quality currency sleeve.
- Fine condition with typical wear for the grade.
- Face: The portrait of President Grant.
- Face: A depiction of the U.S. Capitol.
- All small size $50 Federal Reserve Bank Notes are from series 1929 and had relatively low numbers printed.
Only 168,000 of these $50 notes were printed for Dallas, and they are tough to find in all grades. Add this great collector’s item to your cart today!
Jones/Woods signatures—Friedberg #1880-K.
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 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 bill.