answersLogoWhite

0


Best Answer

Cleveland was one of 12 Federal Reserve Districts which issued this type of emergency currency under FDR's direction in 1933. This emergency issue was prompted by the public hoarding of cash because many banks were failing in the late 20's and early 30's. During a national "Bank Holiday", engraving plates that used to produce National Bank Notes were altered to produce Federal Reserve Bank Notes (FRBN's). This was intended to assure the public that their money was safe and backed by the federal government. Cleveland-issued FRBN were produced in $5, $10, $20, $50, and $100 denominations. By far the most common were $10 and $20's. Condition is everything when it comes to value. If the note is well circulated with a lot of folds, it could still be worth $30. If it is very crisp with few or no folds it could be worth $150 to $200. enj0ykc16

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is value of national currency federal bank of Cleveland brown seal from 1929?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

How much is a twenty dollar bill worth 1929 federal reserve of Virginia?

Assuming it has a brown seal and says National Currency, about $25-35 depending on condition.


What is the value of a 1929 hundred dollar bill issued by the Federal Reserve Bank of Dallas Texas?

Your bill should have a brown seal and say National Currency. If it does, it's worth $130 to $175 retail.


What is the value of a 1929 US 20 dollar Federal Reserve Note with a red seal?

All 1929 US Federal Reserve notes have brown seals rather than red. They were issued as a now-unusual form of paper money called National Currency. Please see the question "What is the value of a 1929 US 20 dollar Federal Reserve Note?" for more information.


What is the value of a 1920 US 20 dollar Federal Reserve note with a brown seal?

No US $20 bills were dated 1920. A brown seal most likely indicates you have a 1929 National Currency Note. If so, values depend on which bank distributed the bill. Please see the question "What is the value of a 1929 US 20 dollar bill?" for more information.


What is the value of a 1929 US 20 dollar bill with a brown seal?

Series 1929 US bills were issued as a now-unusual form of paper money called National Currency. They were printed in two forms, both with brown seals: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.If your bill is a Federal Reserve Note please see the question "What is the value of a 1929 US 20 dollar Federal Reserve Note?"If your bill is a National Bank Note it may be best to have it evaluated in person by a currency expert, because there were many hundreds of different possible issuing banks. While this site attempts to provide the best answers possible, the sheer number of distinct National Bank Notes makes a sight-unseen online evaluation extremely difficult.

Related questions

How much is a 1929 twenty dollar worth federal reserve of Cleveland?

Assuming it has a brown seal and is labelled "National Currency", your bill is worth $25 to $35 retail.


How much is a twenty dollar bill worth 1929 federal reserve of Virginia?

Assuming it has a brown seal and says National Currency, about $25-35 depending on condition.


What is the value of a 1929 hundred dollar bill issued by the federal reserve bank of Chicago Illinois that has brown labeling and states national currency?

$130.-$175. depending on how worn it is.


What is the value of a 1929 20 dollar National Currency bill with a brown seal from Kansas City Mo?

The Kansas City designation would indicate your bill is most likely a Federal Reserve Note that was printed as part of the National Currency series. Please see the question "What is the value of a 1929 US 20 dollar Federal Reserve Note?" for more information.


What does a 10 dollar 1929 bank of Cleveland bill look like?

This would be a 1929 National Currency note. The Cleveland $10 notes are the same size as look very much like the regular $10 bill (before they recently changed the design) - but with the following differences: 1) In the center of the top border, you'll see the words National Currency 2) To the left of Hamilton's portrait, you will see the words: THE FEDERAL RESERVE BANK OF CLEVELAND, OHIO 3) To the right of Hamilton's portrait, you'll find a brown seal under the word TEN. The 1929 National Currency notes were issued by numerous banks throughout the US, and can hold a nice to sizable collector's value. (Value will depend on actual condition, denomination, and issuing bank/rarity).


What is the value of a 1929 hundred dollar bill issued by the Federal Reserve Bank of Dallas Texas?

Your bill should have a brown seal and say National Currency. If it does, it's worth $130 to $175 retail.


How much is a 1929 federal reserve bank of Boston Massachusetts ten dollar bill worth?

Assuming your bill has a brown seal and says "National Currency", it's worth $15 to $35 depending on how worn it is.


What is the value of a 1929 US 5 dollar bill with a brown seal from the Federal Reserve Bank of Chicago?

As of 04/2014 auction values are in the range of $30 to $200 for a circulated bill, and up to $3000 for an uncirculated one. The brown seal indicates it's a National Currency Note, an infrequently-issued form of paper currency discontinued after the 1929 printing. It was actually printed in Washington but distributed through the Chicago Federal Reserve Bank.


What is the value of a 1929 Federal Reserve Bank of Cleveland 5.00 bill?

If it has a brown seal, $30 to $200 depending on condition


What is the value of a 1929 series 20 dollar bill from Federal reserve bank of San Francisco?

If it has a brown seal and the wording "National Currency", it's worth $40 in average condition, up to $125 if only slight wear shows.


Is there a 1929 National Currency 5 dollar note with a red seal?

All National Currency Notes had brown seals rather than red. They were issued as a now-unusual form of paper money called National Currency. They were 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.If your bill is a Federal Reserve Note please see the question "What is the value of a 1929 US 100 dollar Federal Reserve Note?"If your bill is a National Bank Note it may be best to have it evaluated in person by a currency expert, because there were many hundreds of different possible issuing banks. While this site attempts to provide the best answers possible, the sheer number of distinct National Bank Notes makes a sight-unseen online evaluation extremely difficult.


What is a Federal Reserve Bank of Boston Massachusetts 1929 gold seal five dollar bill worth?

The only 1929 $5 bills issued by the Federal Government were brown seal National Currency notes. If that's what you have, its retail value ranges from $30 in worn condition to about $200 in nearly-new condition.