Small Size Federal Reserve Bank Notes $10 - 1929

Small Size Notes-1928 to Present

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 Bank Notes

Small size Federal Reserve Bank Notes (FRBNs) of 1929 was a one-year emergency issue. Issued in 1933 in denominations of $5, $10, $20, $50 and $100 denomoations, they all featured a distinct Brown Seal. Not all banks issued all denominations. Although they are all obsolete, most are still readily available for collectors. FRBN stars notes are highly sought after and are very rare in certain denominations. According to the Jhon E Cash Census, there are an estimated 1,215 star notes known. They differed from Federal Reserve Notes in that they could be redeemed only at the Federal Reserve bank that issued them.

They were issued only as an emergency issue in 1933 using the same paper stock used for National Bank Notes. This emergency issue was prompted by the public hoarding of cash because of the many bank failures happening at the time. This also limited the ability of the ,National Banks to issue notes of their own. They were phased out within 2 years, but served their purpose dutifully. As small size notes, they have brown seals and serial numbers, the same as National Bank Notes of the era.

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     $5 - 1929 - (5)
     $10 - 1929 - (6)
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     $50 - 1929 - (3)
     $100 - 1929 - (14)













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6 Notes Found (Exclude Star Notes)

Page: 1

Fr.-1850D* 1929 $5 Cleveland FRBN Star Ser. # D00040079* VF
This is an circulated example of the 1929 $5 FRBN star from Cleveland. There were only 60,000 printed and there are 34 known. Most are in this VF grade. This note is actually in good shape for its grade. There are not rips, tears or pinholes. There is a ...
Added: 3/23/2010 Views: 3698 Price: $650.00

Fr.-1860 1929 $10 Dallas FRBN Star (4 Kwn). K00006177 PMG F-15
SALE!
$9,350
33% Off
This 1929 $10 FRBN Star is from the rare Dallas district. It is one of the rarest FRBN stars Known. There are a total of 4 known. I know this because I keep the census for the currency market. I owned...
Added: 1/23/2014 Views: 4004 Price: $13,950.00

Fr.-1860B* 1929 $10 New York FRBN Star Ser. # B00035032* VF
Here is another problem free 1929 $10 FRBN star from the New York district in Very Fine condition. There are no rips, tears or pinholes. The serial number is B00035032*. This would make a nice addition to a mid grade FRBN Star collection....
Added: 3/23/2010 Views: 3645 Price: $375.00

Fr.-1860D* 1929 $10 Cleveland FRBN Star Ser. # D00019259* PMG-35
Here is a great 1929 $10 Cleveland FRBN Star in a PMG VF-35 holder. It faces up nicer than the PMG grade. Check the wide back margins. You can still see the paper wave through the holder. ...
Added: 1/1/2010 Views: 3925 Price: $750.00

(SOLD)

Fr.-1860H* 1929 $10 St Louis Star PMG VF-30 Serial # H00026967*
This is 1929 $10 St Louis FRBN star with the serial number of H00026967* It has been graded as a PMG VF-30. Of the 74 known, most have been worked on. This one looks original, which is rare in itself. This is a very nice mid-grade original note. Most of t...
Added: 1/1/2010 Views: 7332 Price: SOLD

Fr.-1860J* 1929 $10 Kansas City, MO Star Ser. # J00001434* VF
This is a nice 1929 $20 FRBN Star from the Kansas City District. The serial number is J00001434* and I would call this a VF note. There are no rips. tears or pinholes and the paper itself has retained most of its crispness. This would make a nice problem...
Added: 1/1/2010 Views: 3860 Price: $825.00

6 Notes Found

Page: 1

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