answersLogoWhite

0

What else can I help you with?

Continue Learning about Finance

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.


What is the value of a 1928 A Federal Reserve Note?

A denomination is needed. Please look for questions in the form "What is the value of a 1928 A US [denomination] dollar Federal Reserve Note?" for specific information.


What is the Bank notes in one million dollar bill?

A one million dollar bill is not an official currency and does not exist in circulation; however, it has been printed as a novelty item and for promotional purposes by the Federal Reserve in the past. The highest denomination of U.S. currency ever issued for public use was the $100,000 bill, featuring Woodrow Wilson, which was used only for transactions between Federal Reserve Banks. In reality, a one million dollar bill would consist of 10,000 $100 bills, or other combinations such as 1,000 $1,000 bills. It's important to note that these high denominations were discontinued in 1969.


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 is the value of a Cleveland 20 dollar bill from the Richmond Federal Reserve district?

Grover Cleveland appeared on two different $20 bills, both printed in the 1914 series. There's more information at the question "What is the value of a 1914 US 20 dollar Federal Reserve Note?" For clarity, the bill was actually printed in Washington and was distributed by the Richmond Federal Reserve district.

Related Questions

What does a US 1000000 Federal Reserve Note Look Like?

Nonexistent. There has never been a 1 million Dollar Federal Reserve Note.


Is there any federal reserve bond of 500 million of 1934?

Is there Any Federal reserve bond of 1Billion dollar during second world war??


Is there a US 10000000 dollar Federal Reserve Note?

No. The largest Federal Reserve Note was a $10,000 bill. The largest US bill ever printed was a $100,000 gold certificate. They were only used for internal transactions and were never publicly circulated. Any "million-dollar", "ten million-dollar", or "billion-dollar" items you may read about are novelty items that sell for a few bucks in gift shops.


Does a five hundred dollar federal reserve note have anything on the back?

Yes, a five hundred dollar federal reserve note has stuff on the back.


How can you tell if a 5 dollar bill is a federal reserve note?

It will read "Federal Reserve Note" at the very top of the bill.


How could you know that the one million dollar is original or not?

Many businesses print million dollar bills. They are sold as novelties, and do not assert that they are legal tender. The Federal Reserve has declared them legal to print or own and does not consider them counterfeit because no genuine million dollar bill exists or ever has existed.


What kind of note is a 20 dollar bill?

Federal Reserve Note. All US paper currencies are Federal Reserve Notes.


Was the 2003 series two dollar bill printed for the New York Federal Reserve Bank?

No, only for the Federal Reserve Bank of Minneapolis


How many Hawaii silver certificates were printed?

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.


How were dollar bills made?

They were made during the Great Depression when Franklin Delano Roosevelt was president. During the depression, the only way to rebuild America was to lend people money. This is when dollar bills were made, called Federal Reserve Notes. This was they way that put the Great Depression to an end. (check a dollar bill and you'll see federal reserve note on the top)


What is the value of a 1914 US 50 dollar Federal Reserve Note silver certificate?

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.


Is the Federal Reserve concerned that the strong dollar is hurting the economy?

Yes, the Federal Reserve is concerned that a strong dollar can hurt the economy by making U.S. exports more expensive and less competitive in the global market.