1929 (B-New York) $50 Brown Seal FRBN AU
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The note pictured is the exact note you will receive.
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- Product Details
Product DetailsThis series 1929 $50 National Currency was issued by the Federal Reserve Bank of New York. This is a solid Almost Uncirculated example that faces up nicely.
- All small size $50 Federal Reserve Bank Notes are from series 1929 and had relatively low numbers printed.
- These Series 1929 issues have brown seals and serial numbers.
- Housed in an archival quality currency sleeve.
- Jones/Woods signatures—Friedberg #1880-B.
- Face: Portrait of President Ulysses S. Grant.
- Back: An image of the U.S. Capitol Building.
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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.
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