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 very nice 1950 $100 Kansas City FRN Mule green seal star note. The back plate is # 103. This note is the exact note in the Schwartz/Lindquist book listed as the highest serial number known. This is a solid VF note with no rips, tears, pinholes ...
This is a nice 1950 $100 Star note from the Kansas City district. When I first bought this there were only two known, now there is maybe a hand full of them reported.
...
Here is a nice 1950A $100 Chicago star note. The serial number is G00217475*. There are no rips, tears, pinholes or bank marks. It is totaly original with no cleaning or pressing....
I bought this 1950A $100 Dallas Star note on March 8th, 2004. This is one of only a handfull UNCs known on the district and series. The serial number is K00160584*. There are no rips, tears, pinholes or bank marks. It features great margins and superb emb...
This is a 1950 $100 Cleveland Star Note. I would call this note a solid AU/UNC Star note. It faces up as an UNC note withsolid margins and no problems. There are no rips, tears, pinholes or marks. Checi ti out under the zoomify feature when viewing it. Th...
Discovery Note! This 1950 $100 Richmond star never existed. There is no record in any book that it was ever printed or issued. Buddy here it is, a Discovery Note. Be the first one on your block to own one! The PCGS holder says it is a Mule Star Note, it i...
This is another Dallas $100 FRN that is in a PMG VF-30 holder. The serial number is K00080107A. The palte numbers are A7/100. Dallas is one of the tougher Districts along with Richmond and Minneapolis....
Here is a nice and scarce Unncirculated 1950C* $100 Atlanta star note. The serial number is F00445747*, which is also the exact serial number that Schwartz/Lundquist uses as their high serial number in their 9th edition book. There are no rips, tears, pin...
Here is a superb 1950A $100 Kansas City FRN Star note. The serial number is J00184069*. I do not see any folds that would keep this example for the Uncirculated catagory. The margins are great and the embossing is evident for all to see and feel....
Here is a scarce and nice 1950B* $100 Minneapolis star note. The serial number is I00368860*. There are no rips, tears, pinholes or bank marks. 1950B* stars are very hard to come by and Minneapolis is one of the key districts....
Here is a nice 1950D* $100 Chicago star note. The serial number is G00251840*. There are no rips, tears, pinholes or bank marks. All 1950D* stars are very hard to come by. This is the lowest known serial number according to the Schwartz/Londquest 9th edit...
The BEP only printed notes for 3 Districts for the series 1950E $100 FRNs. New York, Chicago and san Francisco. This is the high serial number reported in the Oakes/Schwartz Book. Good Luck finding these notes.
It has been certified by CGA as a AU-50....
This is a 1905E* $100 FRN star from the San Francisco district. Only New York, Chicago and San Francisco issued notes, and only New York and San Francisco issued any star notes. This example is totally original, never pressed or cleaned. The BEP only rele...
For those of you who collect these types of FRN stars, it is common knowledge that all 1950E* stars are very collectiable and scarce. Here is a nice 1950E* $100 San Francisco star note. The serial number is L01060378**. There are no rips, tears, pinholes ...
Here is a nice 1950D* $100 Chicago star note. The serial number is G00500545*. There are no rips, tears, pinholes or bank marks. All 1950D* stars are very hard to come by....
Hee is a 1950D $100 FRN star from Chicago. I did not see the paper clip rust when I submitted to PMG. Oh well for $250 you can have it. Thats $150 over face....
