Small Size Federal Reserve Notes $5 - 1950

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.

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1950 $5 New York, Large Gutter Error Ser. # B81047949B VF
Jhon Describe....
Added: 1/1/2010 Views: 4719 Price: SOLD

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