After 68 years of prosperity, our large size currency felt the impact of modern times. So the large size US curency note came to an end due to the economics of the times. Tons of ink and paper were required to produce our currency to an ever expanding economy. The currency needed to fulfill this new demand was astronomical. The government realized that many millions of dollars could be saved if our currency was reduced in size. This was the direction the US Government took as on July 10, 1929 the first of the new small sized notes were placed into general circulation.
The new small sized notes were reduced in size from 7.42 inches by 3.13 inches to 6.14 inches ,X 2.61 inches. This cost cutting measures saved the government millions of dollars in ink and paper annually.
Small Size-Federal Reserve Notes
Small size Federal Reserve Notes (FRNs) are the mainstay of the notes we currently use today. Although they were issued in denominations of $1 to $10,000, only the $1 to $100 are in current use today. On July 14, 1969 President Nixon signed into law a bill requiring any ,denomination over $100 bill be returned to the Treasury Department to be destroyed. The last $500 to $10,000 were last printed in 1946 and were stopped being issued by the Federal Reserve Banks in 1969 by then President Richard Nixon. All FRN issues have a Green Seal.
The $1 FRN was ,,issued in 1963 to current date
The $2 FRN was ,,issued in 1976, 1995 and 2003.
The $5 FRN to $100 FRNs was issued in 1928, 1934, 1950 series and current to date.
The $500 to $10,000 FRNs were series of 1928 and 1934 only.
The
Bureau of Engraving and Printing's (BEP)
takes you to the official government site of the BEP
for some interesting information and facts on all of
our US currency.
US Papermoney will take you to a site that
is full of information on everything you ever wanted
to know about our US currency. Almost everything
anyway. Very cool site!
The American Numismatics Association (ANA) is a
professional organization for those who want to
further learn about US coins and currency.
PMG and
PCGS are the only two TRUE independent
currency-grading services available. I highly
recommend these two companies for those of you who
want to get their currency certified and graded for
insurance purposes or simply, a peace of mind.
This is a stunning 1934 $50 FRN from the "Big Apple". You will look a long time before you find another one graded even close to this one. The serial number is B05072362A. It is in a PMG-65EPQ holder.
This is the dark Green Seal Varity.
Th...
According to the Oakes/Lindquist new Small Size US Paper Money Book, there are no known or reported 1934 St Louis FRN Light Green Seal stars known. Hmm! This 1934 $50 FRN St Louis LGS star has a serial number of H00003347* has no rips, tears, pinholes or ...
Here is a 1934 $50 New York FRN Star with the Light Green seal. The serial number is B00008680* and it is in a PMG VF-30 holder. This note was formally in a CGA EF-40 holder....
This is a nice 1934 $50 FRN Star from the New York District. The serial nuymber is B00043528*. There are no rips, tears or pinholes. Decent margins and nice color. Never cleaner or pressed....
This is a real tough and scarce 1934 $50 FRN star from the Philadelphia district featuring a light green seal. This is the very note that is shown in the new Oakes and Lindquest book and is also the lowesr serial number known. Check out the large scans. T...
This is a real decent 1934 $50 FRN STAR from the Philadelphia district. This one is a Dark Green Seal Varity. The serial number is C00027221*. There are no rips, tears or pinholes....
This is a 1934 $50 FRN from Cleveland. It is a Dark Green Seal Star with the Ser. number of D00032015*. This VF note has no rips, tears or pinholes. The serial number is D00032015*....
This is a nice 1934 $50 Chicago FRN Star with the Ser. number of G00045363*. It is in a solid VF condition. The dark green serial number is G00019443*. No rips, tears or pinholes....
This is a Very Rare 1934D $50 FRN Mule Green Seal Star from the New York District. It is in a VF condition. The serial number is B00164090*. There are no rips, tears or pinholes, it is all original. Check out the large scans.
This note is the new high se...
This is a nice 1934 $50 Kansas City FRN Star with the Ser. number of J00007360*. It is in a F/VF condition. The dark green serial number is J00007360*. No rips, tears or pinholes....
This is a very scarce 1934 $50 FRN Star from the ever tough and popular Dallas District. The low four-digit serial number is K00006317*. There are no heavy folds m arks or pinholes. All original with nice margins and dark green serial numbers and seal. A ...
This is a very nice Extra Fine no problem 1934A $50 FRN Mule Star from the New York District. The serial number is B00079784*. There are no rips, tears or pinholes, it is all original. Check out the large scans....
This is a very nice Extra Fine/ Almost Uncirculated no problem 1934A $50 FRN Mule Star from the New York District. The serial number is B00113592*. There are no rips, tears or pinholes, it is all original. Check out the large scans....
This is a very nice Fine Plus/ Very Fine no problem 1934A $50 FRN Mule Star from the very rare Richmond District. The serial number is E00040097*. There are no rips, tears or pinholes, it is all original. Check out the large scans....
This is a nice 1934 $50 Chicago FRN Star with the Ser. number of G00019443*. It is in a solid VF condition. The dark green serial number is G00019443*. No rips, tears or pinholes....
