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.
NEXT OT 1950E, THE 1950 PLAIN IS THE TOUGHEST DISTRICTS TO COMPLETE IN THE 1950 SERIES, ESPECIALLY IN GEM CONDITION.
THIS 1950 FRN IS FROM THE "WINDY CITY" AND IS IN GEM CONDITION.
THE BACK PLATE NUMBER IS # 136.
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Here is an Uncirculated 1950B $50 Cleveland Star. The serial number is D00510796*. No rips, tears, pinholes or bank marks. A stunning example of an uncirculated note....
Here is an AU/Uncirculacted 1950B $50 New Philadelphia Star. The serial number is C00609895*. No rips, tears, pinholes or bank marks. A stunning example....
This is a new high serial number for this note in the Oakes/Lindquest book. Here is an VF 1950C $50 Kansas City Star. The serial number is J00569852*. No rips, tears, pinholes or bank marks. A stunning example of this tough series in a star. ...
Here is an UNC 1950D $50 Cleveland Star. The serial number is D0978768*. No rips, tears, pinholes or bank marks. A stunning example of this tough 1950D* series....
Talk about a nice note, here is one. This is a totally original 1950 Cleveland $50 Mule FRN. The serial number is D05022417A. It is in a PMG-63EPQ holder. the plate numbers are C18/121....
This is a new high serial number for the Oakes/Lindquest book. Here is an VF 1950D $50 Richmond Star. The serial number is E00702422*. No rips, tears, pinholes or bank marks. A stunning example of this tough 1950D* series. Richmond is a key note to the se...
Here is an EF 1950B $50 Richmond Star. The serial number is E00461617*. No rips, tears, pinholes or bank marks. A stunning example. Richmond is one of the keys to this series....
This is a very nice 1950A $50 FRN Star from the ever tough Philadelphia District. The serial number is c00411651*. There are no rips, tears or pinholes. Check out the large scans....
Here is a very scarce 1950A* $50 Dallas star. The serial number is K00260641*. When I purchased this note in late 2002 there were only two known at the time. The rare star note is all there with no rips, tears or pinholes. Dallas stars are one of the hard...
This is a very nice 1950A $50 FRN Star from the ever tough Cleveland District. The serial number is D00228933*. There are no rips, tears or pinholes. Check out the large scans....
Here is an AU/UNC 1950B $50 Cleveland Star. The serial number is D00453980*. No rips, tears, pinholes or bank marks. A stunning example. Nice embossing!...
Here is an EF 1950C $50 Cleveland Star. The serial number is D0074460*. No rips, tears, pinholes or bank marks. A great example of this tough series in a star. ...
This is a new high serial number, by far from the new Oakes/Lindquest book. Here is an VF 1950C $50 San Francisco Star. The serial number is L00649006*. No rips, tears, pinholes or bank marks. A stunning example of this tough series in a star. ...
Here is an VF 1950B $50 Richmond Star. The serial number is E00512815*. No rips, tears, pinholes or bank marks. A stunning example. Richmond is one of the keys to this series....
THIS IS A NICE AND CLEAN 1950D FROM THE CITY OF "BROTHERLY LOVE". IT IS IN UNC CONDITION AND HAS NO RIPS, TEARS, FOLDS. OR IN MARKINGS.
THE BACK PLATE NUMBER IS 170.
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