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FRB Notes

Small size Federal Reserve Bank Notes were printed as an emergency issue in 1933 using the same paper stock as National Bank Notes. They were printed in denominations of $5 through $100. A National Bank Note has a line for the national bank's president's signature. The small size Federal Reserve Bank Note printed a bar over the label for this line, since Federal Reserve Banks had governors, not presidents.[2] The wording was also changed to add, "Or by like deposit of other securities" after the phrase, "Secured by United States bonds deposited with the Treasurer of the United States of America".[3] The twelve Federal Reserve Districts also appear on the bills as black alphabetically sequenced letters, from "A" to "L", a system essentially followed today on the $1 and $2 bills.

This emergency issue of notes was prompted by the public hoarding of cash due to many bank failures happening at the time. This also limited the ability of the National Banks to issue notes of their own. Small size Federal Reserve Bank Notes were discontinued in 1934 and have been no longer available from banks since 1945.[2] As small size notes, they have brown seals and serial numbers, as do National Bank Notes of the era. But while they look very similar, and both have the words, "National Currency" across the top of the obverse, they had different issuers and are considered to be distinctly different types of bills.

TT FR 0772 1918 $2 FRBN RARE MINNEAPOLIS, MN "BATTLESHIP" PMG 65 EPQ GEM UNC. TT FR 0772 1918 $2 FRBN RARE MINNEAPOLIS, MN "BATTLESHIP" PMG 65 EPQ GEM UNC.

TT FR 0772 1918 $2 FRBN RARE MINNEAPOLIS, MN "B...

  TT FR 772 1918 $2 FRBN RARE MINNEAPOLIS, MN "BATTLESHIP" PMG 65 EPQ GEM UNC.               ...

  TT FR 772 1918 $2 FRBN RARE MINNEAPOLIS, MN "BATTLESHIP" PMG 65 EPQ GEM UNC.               1918 $2 Federal Reserve Bank Note with nice serial number I108189A with the signatures of Teehee and Burke. Fr# 772. Plate# A1/19. Graded 65 EPQ (Exceptional Paper Quality) Gem Uncirculated by PMG and according to PMG Population report there are only four of this rare Minneapolis Banknote graded finer. A pleasing example of this desirable and rare Minneapolis Ace which is elusive at this grade l...

$4,850.00

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 ...

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER         Ser...

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER         Serial # D02514945A Fr# 1850-D. From the Federal Reserve Bank of Cleveland,OH. Graded 67 EPQ (Exceptional paper Quality) Superb Gem Uncirculated PMG. This superb note along with 3 other received the graded of 67 and none was graded finer according to PMG Population Report. An especially attractive Cleveland note with strong embossing showing through the third-party holder. Superb quality and eye appe...

$995.00

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 ...

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER         Ser...

TT FR 1850-D 1929 $5 FRBN CLEVELAND, OH PMG 67 EPQ SUPERB GEM TOP POP NONE FINER         Serial # D02514948A Fr# 1850-D. From the Federal Reserve Bank of Cleveland,OH. Graded 67 EPQ (Exceptional paper Quality) Superb Gem Uncirculated PMG. This superb note along with 3 other received the graded of 67 and none was graded finer according to PMG Population Report. An especially attractive Cleveland note with strong embossing showing through the third-party holder. Superb quality and eye appe...

$995.00

TT FR 1860-H 1929 $10 FRBN ST. LOUIS, MO PMG 66 EPQ GEM UNCIRCULATED TT FR 1860-H 1929 $10 FRBN ST. LOUIS, MO PMG 66 EPQ GEM UNCIRCULATED

TT FR 1860-H 1929 $10 FRBN ST. LOUIS, MO PMG 66...

  TT FR 0001860-H 1929 $10 FRBN ST. LOUIS, MO PMG 66 EPQ  GEM UNCIRCULATED   192...

  TT FR 0001860-H 1929 $10 FRBN ST. LOUIS, MO PMG 66 EPQ  GEM UNCIRCULATED   1929 $10 FRBN St. Louis, MO with fr# 1860-H, graded 66 EPQ (Exceptional Paper Quality) Gem Uncirculated by PMG displaying serial number H01509343A coming from the district of St. Louis, MO. A completely original FRBN with full embossing, bold colors, nice centering and crisp paper. No pin holes or tears. Federal Reserve bank notes were United States currency bank-notes issued by individual Federal Re...

$750.00

TT FR 1860-I1929 $10 FRBN MINNEAPOLIS, MN PMG 66 EPQ GEM UNCIRCULATED

TT FR 1860-I1929 $10 FRBN MINNEAPOLIS, MN PMG 6...

  TT FR 1860-I 1929 $10 FRBN MINNEAPOLIS, MN PMG 66 EPQ GEM UNCIRCULATED   1929 $1...

  TT FR 1860-I 1929 $10 FRBN MINNEAPOLIS, MN PMG 66 EPQ GEM UNCIRCULATED   1929 $10 Federal Reserve Bank Note with serial number I00565796A, Friedberg number 1860-I, signatures of Jones and Woods. Plate# H190/225. Graded 66 EPQ (exceptional paper quality) GEM PMG. From the Federal Reserve Bank of Minneapolis, MN. Deep embossing is easily seen through the holder. Excellent margins, superior color and striking eye appeal. Please view our other on FIRE Ebay auctions. If there is s...

$995.00

TT FR 1870-A 1929 $20 FRBN BOSTON, MA BROWN SEAL PCGS 67 PPQ SUPERB GEM NEW TT FR 1870-A 1929 $20 FRBN BOSTON, MA BROWN SEAL PCGS 67 PPQ SUPERB GEM NEW

TT FR 1870-A 1929 $20 FRBN BOSTON, MA BROWN SEA...

      TT FR 0001870-A 1929 $20 FRBN BOSTON, MA BROWN SEAL PCGS 67 PPQ SUPERB GEM NE...

      TT FR 0001870-A 1929 $20 FRBN BOSTON, MA BROWN SEAL PCGS 67 PPQ SUPERB GEM NEW         1929 $20 Federal Reserve Bank Note. Fr # 1870-A, from Boston, MA. Serial#A00950283A. Graded 67 PPQ (Premium Paper Quality) Superb Gem New by PCGS with only one graded finer according to PCGS Population Report. Deep embossing is easily seen through the holder. Excellent margins, superior color and striking eye appeal Federal Reserve bank notes were United States currency banknotes i...

$1,250.00

TT FR 1870-A 1929 $20 FRBN BOSTON, MA SMALL BROWN SEAL PCGS 66 PPQ GEM NEW

TT FR 1870-A 1929 $20 FRBN BOSTON, MA SMALL BRO...

  TT FR 0001870-A 1929 $20 FRBN BOSTON, MA SMALL BROWN SEAL PCGS 66 PP...

  TT FR 0001870-A 1929 $20 FRBN BOSTON, MA SMALL BROWN SEAL PCGS 66 PPQ GEM NEW    1929 $20 FRBN BOSTON, MA with fr# 1870-A, graded 66 PPQ (premium paper quality) Gem New by PCGS displaying serial number A00888674A. A completely original FRBN with full embossing, bold colors, nice centering and crisp paper. No pin holes or tears. Federal Reserve bank notes were United States currency bank-notes issued by individual Federal Reserve banks. They were based upon t...

$950.00

TT FR 1870-G 1929 $20 FRBN CHICAGO, IL PMG 66 EPQ GEM

TT FR 1870-G 1929 $20 FRBN CHICAGO, IL PMG 66 E...

      TT FR 0001870-G 1929 $20 FRBN CHICAGO, IL PMG 66 EPQ GEM   1929 $20 FRBN ...

      TT FR 0001870-G 1929 $20 FRBN CHICAGO, IL PMG 66 EPQ GEM   1929 $20 FRBN CHICAGO, IL with fr# 1870-G, graded 66 EPQ (exceptional paper quality) Gem New by PMG displaying serial number G01281152A. A completely original FRBN with full embossing, bold colors, nice centering and crisp paper. No pin holes or tears. Federal Reserve bank notes were United States currency bank-notes issued by individual Federal Reserve banks. They were based upon the earlier National Bank Not...

$695.00

TT FR 1870-H 1929 $20 FRBN ST. LOUIS, MO PMG 65 EPQ GEM UNCIRCULATED

TT FR 1870-H 1929 $20 FRBN ST. LOUIS, MO PMG 65...

  TT FR 0001870-H 1929 $20 FRBN ST. LOUIS, MO PMG 65 EPQ  GEM UNCIRCULATED   1929 ...

  TT FR 0001870-H 1929 $20 FRBN ST. LOUIS, MO PMG 65 EPQ  GEM UNCIRCULATED   1929 $20 FRBN ST. LOUIS, MO with fr# 1870-H, graded 65 EPQ (exceptional paper quality) GEM by PMG displaying serial number H00078379A coming from the district of St. Louis, MO. A completely original FRBN with full embossing, bold colors, nice centering and crisp paper. No pin holes or tears. Federal Reserve bank notes were United States currency bank-notes issued by individual Federal Reserve banks. Th...

$795.00

TT FR 1880-D 1929 $50 FRBN CLEVELAND, OH 4 DIG SERIAL # 5805 PMG 58 EPQ TT FR 1880-D 1929 $50 FRBN CLEVELAND, OH 4 DIG SERIAL # 5805 PMG 58 EPQ

TT FR 1880-D 1929 $50 FRBN CLEVELAND, OH 4 DIG ...

<   TT FR 0001880-D 1929 $50 FRBN CLEVELAND, OH 4 DIG SERIAL # 5805 PMG 58 EPQ   ...

<   TT FR 0001880-D 1929 $50 FRBN CLEVELAND, OH 4 DIG SERIAL # 5805 PMG 58 EPQ         Serial # D00005805A Fr# 1880-D. From the Federal Reserve Bank of Cleveland, OH. Graded 58 EPQ (Exceptional paper Quality) by PMG. There are no pin holes or tears. A very nicely centered example with lovely colors. Federal Reserve bank notes were United States currency banknotes issued by individual Federal Reserve banks. They were based upon the earlier National Bank Notes. They differed ...

$595.00

TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PCGS 65 PPQ GEM NEW

TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PCGS 6...

  TT FR 0001890-B 1929 $100 FRBN NEW YORK, NY PCGS 65 PPQ GEM NEW     Serial# B0023...

  TT FR 0001890-B 1929 $100 FRBN NEW YORK, NY PCGS 65 PPQ GEM NEW     Serial# B00236458 Fr# 1890-B. Plate# J23/36. Signatures of Jones/Woods. From the Federal Reserve Bank of New York, NY. Graded 65 by PCGS There are no pin holes or tears. Beautiful brown seal. A great example of this high denomination FRBN. Federal Reserve bank notes were United States currency banknotes issued by individual Federal Reserve banks . They were based upon the earlier National Bank Notes . They dif...

$1,395.00

TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PCGS 65 PPQ GEM NEW TOP POP

TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PCGS 6...

  TT FR 0001890-B 1929 $100 FRBN NEW YORK, NY PCGS 65 PPQ GEM NEW TOP POP     Seria...

  TT FR 0001890-B 1929 $100 FRBN NEW YORK, NY PCGS 65 PPQ GEM NEW TOP POP     Serial# B00345946A Fr# 1890-B. Plate# J23/53. Signatures of Jones/Woods. From the Federal Reserve Bank of New York, NY. Graded 65 by PCGS. A very scarce note in this state of preservation, with this piece tied with one other for the finest graded to date by PCGS. It certainly displays every Gem attribute one could ask for, with bright paper, vivid inks, excellent centering, and evident original embossi...

$1,395.00

TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 64 EPQ RARE SERIES! TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 64 EPQ RARE SERIES!

TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN S...

    TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 64 EPQ RARE SERIES!   1929 $100 F...

    TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 64 EPQ RARE SERIES!   1929 $100 Federal Reserve Bank Note. Fr 1890-I from Minneapolis, Minnesota. Serial number I00038604A. Graded 64 Exceptional Paper Quality Choice Uncirculated by PMG. PMG Population Report reveals that only 13 are certified finer! Deep embossing is easily seen on this rare $100 FRBN series. The district of Minneapolis is the rarest of all banks! To acquire a brown FRBN in high grade with no reserve is a fun t...

$795.00

TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS PMG 65 EPQ 1 OF 2 SEQUENTIAL SERIAL # TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS PMG 65 EPQ 1 OF 2 SEQUENTIAL SERIAL #

TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS PMG 65 ...

    TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 65 EPQ GEM RARE 1 OF 2 SEQUENTIA...

    TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 65 EPQ GEM RARE 1 OF 2 SEQUENTIAL SERIAL # !       1929 $100 Federal Reserve Bank Note. Fr 1890-I from Minneapolis, Minnesota. Serial number I00038602A. Graded 65 Exceptional Paper Quality Gem Uncirculated by PMG. PMG Population Report reveals that there are only 5 certified finer! A wonderful example from a hard to find district especially in high grade. Cracking fresh and well embossed. The district of Minneapolis is the rar...

$1,495.00

TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS PMG 65 EPQ 2 OF 2 SEQUENTIAL SERIAL # TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS PMG 65 EPQ 2 OF 2 SEQUENTIAL SERIAL #

TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS PMG 65 ...

    TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 65 EPQ GEM RARE 2 OF 2 SEQUENTIA...

    TT FR 1890-I 1929 $100 FRBN MINNEAPOLIS BROWN SEAL PMG 65 EPQ GEM RARE 2 OF 2 SEQUENTIAL SERIAL # !       1929 $100 Federal Reserve Bank Note. Fr 1890-I from Minneapolis, Minnesota. Serial number I00038603A. Graded 65 Exceptional Paper Quality Gem Uncirculated by PMG. PMG Population Report reveals that there are only 5 certified finer! Nice example, bright, well centered and fresh from the well collected Minneapolis district. Please look for the sister note with sequential serial ...

$1,495.00

TT FR 1890-K 1929 $100 FRBN DALLAS, TX BROWN SEAL PCGS 55 CHOICE ABOUT NEW

TT FR 1890-K 1929 $100 FRBN DALLAS, TX BROWN SE...

      TT FR 0001890-K 1929 $100 FRBN DALLAS, TX BROWN SEAL PCGS 55 CHOICE ABOUT NEW...

      TT FR 0001890-K 1929 $100 FRBN DALLAS, TX BROWN SEAL PCGS 55 CHOICE ABOUT NEW   Many people ask quite frequently what areas of small sized notes are opportune or poised for a growth spurt. In our opinion the Federal Reserve Bank Notes are an excellent venue for such Probabilities, when you consider the availability, supply and demand the math points to all indications that 3-5 years from now the prices and current market values will be much higher. Beauties like these ...

$2,250.00