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.
Here is a 1950B $100 New York Star with serial number B00509323*. It was previously in a CGA-45 holder and now it is a PMG VF-30 with surface repair. Someone tried to erase a pencil number on the back....
Here is a 1950E $100 FRN New York star. The serial number is B01368317* and it is in a PMG VF-35 holder. Only 288,000 were printed. This note was formely in a CGA-45 holder....
This is a nice example of the 1950B $100 St Louis star note. The serial number is H00346876* and it is in a PMG-58EPQ holder. It was previously in a CGA-58 holder....
This 1934 $100 FRN from San Francisco is one of the nicest 1950B notes you will find. SF is a real tough district to locate in high grade.
THE BACK PLATE NUMBER IS 137.
...
Here is a nice 1950C* $100 San Francisco star note. The serial number is L00491588* There are no rips, tears, pinholes or bank marks. 1950C* stars are very hard to come by....
Here is a nice 1950A $100 Boston star note. The serial number is A00276724*. There are no rips, tears, pinholes or bank marks. It is totaly original with no cleaning or pressing....
Here is a nice 1950D* $100 Atlanta star note. The serial number is F00657833*. There are no rips, tears, pinholes or bank marks. All 1950D* stars are very hard to come by....
Here is a nice 1950 $100 San Francisco star note. The serial number is L00022848*. There are no rips, tears, pinholes or bank marks. The back plate # is 103. This is by far the highest serial number known in the 9th edition of the Schwartz/Lindquist book....
Here is a rare and nice 1950B* $100 Dallas star note. The serial number is K00252482*. It is also the highest known serial number according to the Schwartz/Lindquist 9th edition book. When I purchased this note in early 2003, there were only 2 known at t...
Here is a nice 1950C* $100 San Francisco star note. The serial number is L00506698*, 1950C* stars are very hard to come by. There are no rips, tears or pinholes....
Here is a scarce and nice 1950B* $100 Minneapolis star note. The serial number is I00337683*. 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....
This is only the second set of solid ones on a $100 FRN that I have ever seen. I owned both sets and I sold the other ser in Long Beach in the summer of 2008 for $3950. this is a 1950D San Francisco F...
This is a real nice Uncirculated 1950 Chicago $100 Star note. You never find the old star notes in this high of condition. The serial number is G00037618*. The back plate number is 103. There are no rips, tears, pinholes or bank marks. Totally original, ...
Here is a nice 1950D* $100 Chicago star note. The serial number is G00541022*. There are no rips, tears, pinholes or bank marks. All 1950D* stars are very hard to come by....
Here is a nice 1950B $100 San Francisco star note. The serial number is L00300136*. There are no rips, tears, pinholes or bank marks. It is totaly original with no cleaning or pressing....
Here is a nice 1950C* $100 San Francisco star note. The serial number is L00686872*.There are no rips, tears, pinholes or bank marks. 1950C* 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....
