There is no exact value to this bill. It can be worth quite a bit more then its original face value though depending on the condition of the bill.?æ
Yes, a five hundred dollar federal reserve note has stuff on the back.
The Federal Reserve created the very first US dollar. The Federal Reserve is where coins and paper money is officially made.
It will read "Federal Reserve Note" at the very top of the bill.
Federal Reserve Note. All US paper currencies are Federal Reserve Notes.
No, only for the Federal Reserve Bank of Minneapolis
Nonexistent. There has never been a 1 million Dollar Federal Reserve Note.
There were: 35,256,000 1 dollar bills printed ( Were Silver Certificates) 9,416,000 5 dollar bills printed ( Were Federal Reserve notes) 10,424,000 10 dollar bills printed ( Were Federal Reserve Notes) 11,300,500 20 dollar bills printed (Were Federal Reserve Notes) In total there were 66,396,500 bills printed for Hawaii.
Please don't assume that every old bill is a silver certificate. The banner across its top identifies your bill as a Federal Reserve Note only. There's more information at the question "What is the value of a 1914 US 50 dollar bill?" Federal Reserve Notes were very different from silver certificates and were never combined. Silver certificates were issued directly by the Treasury and were backed dollar-for-dollar with silver on deposit. Federal Reserve Notes are issued by the Federal Reserve Bank and are not backed with precious metal.
To explain, US bills aren't printed by each Federal Reserve Bank. They're all printed at a huge plant in Washington DC (and since 1991, a second facility in Fort Worth) operated by the Bureau of Engraving and Printing. Bills for each Federal Reserve district are shipped to that district's Federal Reserve bank which then distributes the notes to the commercial and retail banks it's responsible for. For prices and more information, please see the question "What is the value of a 1929 US 20 dollar Federal Reserve Note?"
Please see the question "What is the value of an 1899 US 2 dollar silver certificate?"The Federal Reserve System wasn't established until 1914.Silver certificates were issued directly by the Treasury and weren't connected to the Federal Reserve Bank.
"A" is the highest series letter for 1928 $50 Federal Reserve Notes. You may be looking at the Federal Reserve District letter instead - please see the question "What is the value of a 1928 US 50 dollar Federal Reserve Note?" for more information.
If circulated, $65 to $95 depending on condition. Uncirculated, around $300.
Green seals are used on all Federal Reserve Notes dated 1928 to the present.
It's still worth one dollar.
Actually the ink color is red, and the bills were printed rather than stamped. The bill's red ink indicates that it's a United States Note, a form of currency that was issued from 1862 to 1966. They served the same purpose as Federal Reserve Notes, so the Treasury opted to consolidate all paper money under the Federal Reserve as a cost-saving move.
Please check your bill again and post a new, separate question. The Federal Reserve System wasn't established until 1913 and the first Federal Reserve Notes are dated 1914.
All U.S. dollar bills have a letter A through L to indicate a Federal Reserve Bank branch where the bill was first issued. K refers to the Federal Reserve Bank of Dallas.
There were no series letters on any 1929-dated US bills. A large "G" indicates that the bill was distributed through the Chicago Federal Reserve District. There's more information at the question "What is the value of a 1929 US 5 dollar Federal Reserve Note?"
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.
I don't know but I have one too and I am interested to know.
1914 $20 Federal Reserve Note.
The US Mint only makes coins. Your bill was printed in Washington; Philadelphia is the location of the Federal Reserve bank that requested and distributed the bill. Please see the question "What is the value of a 1914 US 5 dollar Federal Reserve Note?" for more information.
To clear things up, the bill wasn't made in Chicago. It was printed in Washington for distribution through the Chicago Federal Reserve District. Please see the question "What is the value of a 1934 A 10 dollar Federal Reserve Note?" for values and other information.
The reason a red seal $5 bill doesn't have a Federal Reserve letter on it is because the red seal version is NOT a Federal Reserve note. Red seal bills are United States notes.
Yes the federal Reserve, created in 1913, prints all US currency and coins. Every US dollar in circulation is printed as federal reserve notes which can be seen at the top of every US dollar. The US Treasury is obligated to print money at the demand of the Federal Reserve. When the government needs money, it gives US Treasury bonds to the Federal Reserve and in return, the federal reserve sells the government federal reserve notes with interest. How does the federal Reserve get these Federal Reserve notes? The US Treasury prints them out for the Federal Reserve electronically. These US Treasury bonds are than sold to very wealthy individuals and privant banks.According to the US code-section 411," Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose ofmaking advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose,are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other publicdues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank." (http://codes.lp.findlaw.com/uscode/12/3/XII/411)