Large Size Fed Reserve Bank Notes $1 Fr-708 to Fr-746

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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28 Notes Found

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Fr.-734* 1918 $1 Minneapolis, MN (5 Known) FRBN Star Ser. # I5679* PMG-10
This Fr-734* is very rare even in this grade. There are only 5 known and all are in low grade. Murrys list this note in VG at $1500. Minneapolis notes...
Added: 1/1/2010 Views: 4562 Price: SOLD

Fr.-737 1918 $1 Kansas City FRBN PCGS-63PPQ Serial # J7682628A
Kansas City here I come! This is a 1918 $1 Flying Eagle from the Kansas City District. It has no rips. tears, pinholes of any other problems. Ser # J...
Added: 1/1/2010 Views: 4474 Price: SOLD

Fr.-738 1918 $1 Kansas City FRBN Ser. J13322909A PCGS 65 PPQ
This is aFr.-738 also known as a 1918 $1 Kansas City FRBN with the serial number of J13322909A and it resides in a GEM PCGS 65PPQ holder. There are no...
Added: 4/30/2014 Views: 4484 Price: SOLD

Fr.-738* 1918 $1 Kansas City FRBN Star ( only 5 known) Ser. # J116526* PMG F-15
Here is a very nice 1918 $1 FRBN star from the Kansas City district. There are only five (5) known. This is one of the best ones known. The serial num...
Added: 1/1/2010 Views: 4605 Price: SOLD

Fr.-740 1918 $1 Dallas FRBN Ser. # K532223A PMG GEM-65EPQ
Here is one hell of a nice Dallas 1918 $1 FRBN in pristine condition. Try finding a Dallas FRBN in GEM condition. it took me many years to find one. T...
Added: 1/1/2010 Views: 4493 Price: SOLD

Fr.-740 1918 $1 Dallas FRBN Ser. # K532232A PMG-64EPQ
Here is another 1918 $1 FRBN from the tough Dallas District. If you don't want to spend $1950 for a GEM-65EPQ here is the next best thing, a near gem ...
Added: 1/1/2010 Views: 4496 Price: SOLD

Fr.-742* 1918 $1 Dallas FRBN( 2nd finest) Ser. # K148065* PMG AU-50EPQ
PMG POP 2/ 1 Finer! This is one of the Key 1918 $1 FRN Star for this series. Dallas is always one of the toughest districts of any large size star. It...
Added: 1/1/2010 Views: 4574 Price: SOLD

Fr.-743* 1918 $1 San Fran. (15 known) FRBN Star Ser. # L86525* VF
This is a rare Fr.-743* or a 1918 $1 FRBN Star from the San Francisco district. 1918 $1 and $2 FRBN Stars are always tough and very popular among coll...
Added: 5/18/2010 Views: 4556 Price: SOLD

Fr.-743* 1918 $1 San Francisco FRBN Star Ser. # L89494* PMG VF-20
This is a rather scarce 1918 $1 FRBN star from the San Francisco district. There are only 15 known with one CU and one XF in higher grade. There are t...
Added: 1/1/2010 Views: 4547 Price: SOLD

28 Notes Found

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