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.
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.
Richmond is one of the 3 key districts notes of the 1918 $2 Battleship series. This Richmond Battleship Duece is replete with bold original embossing ...
This is a scarcer Battleship number, particularly in the highest grade ranges. PCGS has only graded twelve pieces with this the only uncirculated exam...
Who need a Battleship? Ive got one good one waiting just for you. This is a 1918 $2 Battleship is from the Chicago district. The reverse shows the fam...
I bought this 1918 $2 St Louis Battleship note at a local coin show and have not had a chance to get it graded by PMG. It is a solid VF-30/35 with no ...
This is a very nice inexpensive and collectible 1918 $2 Battleship FRBN from the tough Minneapolis district. I would normally would sell this ungraded...
On this 1918 $2 Minneapolis Battleship, the margins are nearly GEM quality in size. The embossing is easily seen in the holder. This is one great exam...
This is a lovely 1918 $2 Minneapolis Battleship with good original paper quality and deep embossing that can be seen through the holder. It easily mer...
This is a nice 1918 Battleship $2 bill from the popular Kansas City District. IT has ample margins on all four sided both front and back. It actually ...
This 1918 $2 Kansas City Battleship is a somewhat scarcer Friedberg number, with this example being the first uncirculated example being available for...
Dallas $2 Battleships in uncirculated condition are very, very scarce to find anywhere. Besided Richmond and Minneapolis, Dallas is the toughest to fi...
ONLY 6 known! Here is a very rare 1914 $10 FRN star from the Chicago district. it is the finest of the 6 known. The serial number is G116373* and is i...