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 scarce and nice 1950B* $100 Atlanta star note. The serial number is F00313245*. 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 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 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....
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 by far one of the FINEST 1950D $100 FRNs from Cleveland that I have ever seen.
IT IS A TRUE GEM FOR THE ASTUTE COLLECTOR.
THE BACK PLAT # IS 134.
...
Here is a nice 1950A $100 Philadelphia star note. The serial number is C00274827*. There are no rips, tears, pinholes or bank marks. It is totaly original with no cleaning or pressing.
This is the exact note listed in the 9th edition of Schwartz/Lindquis...
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 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....
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....
Here is a nice 1950B* $100 New York star note. The serial number is B00443760*. There are no rips, tears, pinholes or bank marks. 1950B $100 stars are very hard to come by....
Here is a nice and scarce 1950D* $100 Richmond star note. The serial number is E00556143*. There are no rips, tears, pinholes or bank marks. All 1950D* stars are very hard to come by. Richmond, Minneapolis and Dallas are the key districts for this series....
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....
