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.
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.
You are viewing The World Renowned Twin Sets of ultra-high denominations as featured on the TV program Pawn Stars! This is the ultimate set of United States Ultra-High denominations ever assembled. No amount of money could ever replace these sets of four ...
This 1934 $5,000 bill is one of the best purchases of any Ultra High-Denomination that I have had for many years. This is a 1934 $5,000 from the Chicago district that is housed in a PCGS-62PPQ holder the serial number is G00001141A. What make this one so ...
This is a very nice and rare problem free 1934 Dallas $5,000 bill in a PMG VF-30 holder. It is also the rarer Light Green Seal variety. This is the first problem free $5,000 bill I have has in some time. The $5,000 bill is becoming very hard and expensive...
7/3/2012---- THIS NOTE IS IN A PCGS-40 HOLDER net. This is a brand new 1934 Philadelphia $5,000 FRN that just came out of a clients safety deposit box after being locked up for over 41 years. It is brand new to the census with its super low two-digit seri...
As the largest buyer and reseller in the United States of US $5,000 and $10,000 Federal Reserve Notes, Jhon E Cash Rare Currency LTD is proud to offer this rare and spectacular 1934 $5,000 FRN from the ever popular Dallas District. This 1934 Dallas $5,000...