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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 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 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 EPQ GEM UNCIRCULATED

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

      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 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 H00163223A 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 b...

$395.00

TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PMG 65 EPQ GEM UNCIRCULATED!!! TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PMG 65 EPQ GEM UNCIRCULATED!!!

TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PMG 65...

    TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PMG 65 EPQ GEM UNCIRCULATED!!!       ...

    TT FR 1890-B 1929 $100 FRBN NEW YORK, NY PMG 65 EPQ GEM UNCIRCULATED!!!           Serial# B00236458 Fr# 1890-B. Plate# J23/36. Signatures of Jones/Woods. From the Federal Reserve Bank of New York, NY. Graded 65 EPQ (Exceptional Paper Quality) Gem Uncirculated by PMG. 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 bank...

$1,395.00

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