Large Size -> Fed Reserve Bank Notes

Large Size-Federal Reserve Bank Notes

The large-size Federal Reserve Bank Notes (FRBNs) , also known as National Currency, was issued in two series and in denominations of $1 to $50. They are often confused with National Bank notes because they have the inscription "National Currency" across the top. They feature blue seals and blue serial numbers.

  • The first issue, Series issue 1915 was authorized by Federal Reserve Act of December 23rd, 1913 and consisted of only of $5, $10 and $20 notes. They were issued by the Federal Reserve Banks of Atlanta, Chicago, Kansas City, Dallas and San Francisco. They are titled as National Currency and are similar to National Bank Notes. The obligation to pay the bearer falls to the specific Federal Reserve Bank, not the United States Treasury Department. The San Francisco Federal Reserve Bank issued only $5 notes. The obligation to pay the bearer is similar to that on the first charter national bank notes, differing only slightly in wording but not in meaning.
  • The second issue, Series 1918, consisted of $1, $2, $5, $10, $20 and $50 notes issued to all 12 Federal Reserve Banks (though all banks did not necessarily issue all denominations). St Louis was the only district that issued the $50 denomination and is considered a rarity in high grade. The $20 denomination was issued by Atlanta and St Louis only and is also considered a rarity. Although Federal Reserve Bank notes are a rather recent issue, all are quite scarce in high grade.

Treasury Department records show that only slightly more than $2 million is outstanding from a total issue of nearly $762 million.

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     $1 FR-708 to FR-746 - (13)
     $2 FR-747 to FR-780 - (9)
     $5 FR-781 to FR-809A - (2)
     $10 FR-810 to FR-821 - (0)
     $20 FR-822 to FR-830 - (0)
     $50 FR-831 - (0)













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24 Notes Found (Exclude Star Notes)

Page: 1  2

Fr.-717 1918 $1 Philly FRBN PCGS-64PPQ Serial # C50556838A
SALE!
$595
8% Off
I would highly recommend to anyone who is trying to put together a set of $1 1918 FRBNs known as the Flying Eagles, to do so real soon. These notes have been under priced for many years and now the ma...
Added: 1/1/2010 Views: 4487 Price: $650.00

(SALE PENDING)

Fr.-717* 1918 $1 Phillly FRBN Star Ser. # C438257* PCGS VF-30
SALE!
$1,650
38% Off
This is a real decent 1918 $1 FRBN star from the Philadelphia District. The serial number is C438257*. It has been graded as a PCGS VF-30. These scarce FRBN star notes are just not readily available a...
Added: 4/1/2010 Views: 4637 Price: $2,650.00

Fr.-717* 1918 $1 Philly FRBN Star (only known EPQ) Ser. # C452769* PMG EF-40EPQ
SALE!
$2,450
14% Off
PMG POP 1/ None Finer! ONLT PPQ note know in census. This is a star that you do not see very often, especially in this high of a grade. It is a 1918 $1 FRN STAR from the city of Brotherly Love....Phil...
Added: 4/1/2010 Views: 4516 Price: $2,850.00

Fr.-717* 1918 $1 Philly FRBN Star Ser. # C340526* VF
SALE!
$825
70% Off
This is a FR-717* or a 1914 Philadelphia FRBN Star Note. There are 27 known of which most are in a lower grade. This note has a few tiny pinholes on the sides which are only noticeable when candeled....
Added: 1/1/2010 Views: 4555 Price: $2,750.00

Fr.-718 1918 $1 Cleveland FRBN Ser. # D787522A PMG-65EPQ
SALE!
$895
10% Off
Here is a nice GEM example of the famous 1918 $1 Federal Reserve Bank Note (FRBN) from the Cleveland District. The serial number is D787522A and resides in a GEM PMG-65EPQ holder.

Collector's r...

Added: 2/20/2016 Views: 4502 Price: $995.00

24 Notes Found

Page: 1  2

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