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The US Federal Reserve has about 8000 Tonnes of Gold or about 282192000 ounces. At todays prices that is in the neigborhood of 270 billion dollars. {| |}
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Where is the world largest gold depository?
Federal Reserve New York
What is a 1928-A 50 federal Reserve Gold Note worth?
$8 to $35 depending on condition
What government agency conducts monetary policy in the United States?
The Federal Reserve is responsible for managing the money supply in the U.S.
When was the federal reserve established?
The Federal Reserve was created in 1913
How many federal reserve districts did the Federal Reserve Act divide the US into?
There are twelve Federal Reserve districts in the U.S.
What is the value of a 1928 US 20 dollar Federal Reserve Note redeemable in gold?
All 1928 $20 Federal Reserve Notes carried the phrase "Redeemable in Gold", although they weren't gold certificates. There were also gold certificates with that denomination but they have gold seals and lack the words Federal Reserve Note. Please see the question "What is the value of a 1928 US 20 dollar Federal Reserve Note?" for more information.
Where is the world largest gold depository?
Federal Reserve New York
What percentage of the worlds gold is held by the federal reserve bank?
50%
What percentage of the world gold bullion does the federal reserve hold?
25%
What years were US 50 dollar bills printed?
US $50 dollar bills have been printed in dozens of series from 1862 to the present. Because series dates stay the same until a new series starts, bills are almost always printed every single year although they carry the date when the series began. The main series dates and bill types are: 1862 United States Note 1863 United States Note 1863-64 Compound Interest Treasury Note 1869 United States Note 1870-75 National Gold Bank Note 1874 United States Note 1875 United States Note 1878 United States Note 1878 Silver Certificate 1880 Silver Certificate 1880 Silver Certificate 1880 United States Note 1880 United States Note 1882 Gold Certificate 1882 Gold Certificate 1891 Treasury Note 1891 Silver Certificate 1891 Silver Certificate 1913 Gold Certificate 1914 Federal Reserve Note 1914 Federal Reserve Note 1918 National Currency/FRBN 1922 Gold Certificate 1928 Gold Certificate 1928 Federal Reserve Note 1928A Federal Reserve Note 1929 National Currency 1929 National Currency 1934-1934D Federal Reserve Note 1950-1950E Federal Reserve Note 1963-1963A Federal Reserve Note 1969-1969C Federal Reserve Note 1974 Federal Reserve Note 1977 Federal Reserve Note 1981-1981A Federal Reserve Note 1985 Federal Reserve Note 1988 Federal Reserve Note 1990 Federal Reserve Note 1993 Federal Reserve Note 1994 Federal Reserve Note 1996 Federal Reserve Note 2001 Federal Reserve Note 2004 Federal Reserve Note 2006 Federal Reserve Note 2009 Federal Reserve Note 2013 Federal Reserve Note
What is the value of a 1928 US 5 dollar Federal Reserve Note redeemable in gold?
That phrase appeared on all Federal Reserve Notes of the time because the US still issued gold-backed currency, even though FRNs were not gold certificates. Please see the question "What is the value of a 1928 US 5 dollar Federal Reserve Note?" for more information.
What years were US 100 dollar bills printed?
US $100 bills have been printed nearly every year since the denomination was introduced during the Civil War. However US bills carry what are called "series" dates rather than printing dates that are changed only when there's a modification to a bill's design or its signers. The primary series dates for $100 bills are: 1861-65 - Interest Bearing Note 1862 - United States Note 1863 - United States Note 1863-64 - Compound Interest Treasury Note 1869 - United States Note 1870-75 - National Gold Bank Note 1874 - United States Note 1875 - United States Note 1878 - United States Note 1878 - Silver Certificate 1880 - Silver Certificate 1880 - United States Note 1882 - Gold Certificate 1890 - Treasury Note 1891 - Treasury Note 1891 - Silver Certificate 1914 - Federal Reserve Note 1918 - National Currency/FRBN 1922 - Gold Certificate 1928 - Gold Certificate 1928,28A - Federal Reserve Note 1929 - National Currency 1934,34A-D - Federal Reserve Note 1950,50A-E - Federal Reserve Note 1963A - Federal Reserve Note 1966,66A - United States Note 1969,69A,69C - Federal Reserve Note 1974 - Federal Reserve Note 1977 - Federal Reserve Note 1981,81A - Federal Reserve Note 1985 - Federal Reserve Note 1988 - Federal Reserve Note 1990 - Federal Reserve Note 1993 - Federal Reserve Note 1996 - Federal Reserve Note 1999 - Federal Reserve Note 2001 - Federal Reserve Note 2003,03A - Federal Reserve Note 2006 - Federal Reserve Note 2009,09A - Federal Reserve Note 2013 - Federal Reserve Note
What is a 1928-A 50 federal Reserve Gold Note worth?
$8 to $35 depending on condition
What replaced the silver certificates?
The silver certificate and the gold certificate were replaced by the Federal Reserve Dollar.
When was the phrase Backed by Gold removed from Federal Reserve notes?
The phrase is actually "Redeemable in Gold" rather than "Backed by Gold". Federal Reserve notes were and remain so-called fiat money, i.e. paper currency that represents an obligation of the central banking system that is not dependent on precious metal. The phrase was removed from Federal Reserve notes starting with the 1934 series, issued the year after Franklin Roosevelt took the US off the gold standard. It had appeared on previous Federal Reserve notes beginning with the first series in 1914. Strictly interpreted, the full phrase limited gold redemption only to those bills presented at the Treasury itself or any of the twelve Federal Reserve banks, places that the average person would rarely visit. The clause "... or lawful money" was never clarified but was interpreted to mean any coin or bill issued by the government, including other Federal Reserve notes.
What government agency conducts monetary policy in the United States?
The Federal Reserve is responsible for managing the money supply in the U.S.
What is the value of a 1928 B US 50 dollar Gold Federal Reserve Note?
1928 $50 bills were issued as gold certificates and as Federal Reserve Notes but they're not the same. Please check the wording across your bill's top front as well as its seal color*; then see one of the following questions: "What is the value of a 1928 US 50 dollar Federal Reserve Note?""What is the value of a 1928 US 50 dollar gold certificate?"* Gold certificates have gold seals and FRNs have green seals.
