What is the value of a 1929 US 100 dollar Federal Reserve Note?

Answer 1

As of 04/2015 approximate prices are:

Circulated: $130 to $175 depending on the bill's condition

Uncirculated: $350

FAQs:

Brown Seals

The brown seal and the banner across the bill's top front mean that it's a special type of paper money called National Currency. These now-unusual bills were backed by bonds deposited with the Treasury by the issuing bank.

Series 1929 National Currency was printed in two forms:

* Bills issued as Federal Reserve Notes have the words "Federal Reserve Bank" and the name of the district city to the left of the portrait.

* Bills issued as National Bank Notes have the words "National Bank" and the name of the issuing bank to the left of the portrait. In addition, the issuing bank's ID number is printed in heavy black type on the left and right edges of the bill.

Bond-backed currency was discontinued during the Great Depression as part of the government's efforts to stabilize the economy. 1929 was the last series date for National Currency Notes, although these bills continued to be printed for a few more years.

Serial Numbers

A bill's serial number is a counter and a security feature. In most cases it doesn't affect a bill's value or help to identify it. Some collectors specialize in bills with low serial numbers (e.g. 00000005) or unusual patterns (12344321) so these can bring above-average prices.

DISCLAIMER: The values quoted are market averages as of the date shown, but may be different for an individual bill due to variations in quality and other factors. Also the wholesale (buying) price of a bill will be less than the selling (retail) price. A reputable currency dealer will be able to give a more accurate valuation based on an in-person inspection.