After 68 years of prosperity, our large size currency felt the impact of modern times. So the large size US curency note came to an end due to the economics of the times. Tons of ink and paper were required to produce our currency to an ever expanding economy. The currency needed to fulfill this new demand was astronomical. The government realized that many millions of dollars could be saved if our currency was reduced in size. This was the direction the US Government took as on July 10, 1929 the first of the new small sized notes were placed into general circulation.
The new small sized notes were reduced in size from 7.42 inches by 3.13 inches to 6.14 inches ,X 2.61 inches. This cost cutting measures saved the government millions of dollars in ink and paper annually.
Small Size-Federal Reserve Notes
Small size Federal Reserve Notes (FRNs) are the mainstay of the notes we currently use today. Although they were issued in denominations of $1 to $10,000, only the $1 to $100 are in current use today. On July 14, 1969 President Nixon signed into law a bill requiring any ,denomination over $100 bill be returned to the Treasury Department to be destroyed. The last $500 to $10,000 were last printed in 1946 and were stopped being issued by the Federal Reserve Banks in 1969 by then President Richard Nixon. All FRN issues have a Green Seal.
The $1 FRN was ,,issued in 1963 to current date
The $2 FRN was ,,issued in 1976, 1995 and 2003.
The $5 FRN to $100 FRNs was issued in 1928, 1934, 1950 series and current to date.
The $500 to $10,000 FRNs were series of 1928 and 1934 only.
The
Bureau of Engraving and Printing's (BEP)
takes you to the official government site of the BEP
for some interesting information and facts on all of
our US currency.
US Papermoney will take you to a site that
is full of information on everything you ever wanted
to know about our US currency. Almost everything
anyway. Very cool site!
The American Numismatics Association (ANA) is a
professional organization for those who want to
further learn about US coins and currency.
PMG and
PCGS are the only two TRUE independent
currency-grading services available. I highly
recommend these two companies for those of you who
want to get their currency certified and graded for
insurance purposes or simply, a peace of mind.
Here is an EF 1950B $50 Richmond Star. The serial number is E00461617*. No rips, tears, pinholes or bank marks. A stunning example. Richmond is one of the keys to this series....
This is a new high serial number for the Oakes/Lindquest book. Here is an VF 1950D $50 Richmond Star. The serial number is E00702422*. No rips, tears, pinholes or bank marks. A stunning example of this tough 1950D* series. Richmond is a key note to the se...
Here is an VF 1950B $50 Richmond Star. The serial number is E00512815*. No rips, tears, pinholes or bank marks. A stunning example. Richmond is one of the keys to this series....
I bought this note in a 2003 Smythe auction. Here is an UNC 1950D $50 Philadelphia Star. The serial number is C00940706*. No rips, tears, pinholes or bank marks. A stunning example of this tough 1950D* series....
Here is an EF 1950B $50 New York Star. The serial number is B01084243*. No rips, tears, pinholes or bank marks.
This is a new low serial number in the Oakes/Linduuest book....
Here is an VF 1950E $50 New York. The serial number is B02632817*. No rips, tears, pinholes or bank marks. Everyone know that the 1950E series is very rare. They only printed New York, Chicago and San Francisco notes. All star notes from these three distr...
Here is an Uncirculated 1950B $50 Cleveland Star. The serial number is D00510796*. No rips, tears, pinholes or bank marks. A stunning example of an uncirculated note....
Here is an GEM 1950C $50 New York Star. The serial number is B02014359*. No rips, tears, pinholes or bank marks. A stunning example of this tough series in a star. ...
Here is a Very, Very nice 1950A Green Seal $50 FRN Star from San Francisco. Not only did PMG grade it as a PMG-64EPQ but they also notated "Great Embossing" on the back. This is the first time I've seen this on a older small size star. The serial number i...
This is a new high serial number for this note in the new Oakes/Lindquest book. Here is an VF/EF 1950C $50 Cleveland Star. The serial number is D00846665*. No rips, tears, pinholes or bank marks. A stunning example of this tough series in a star. ...
Here is an VF 1950D $50 San Francisco Star. The serial number is L00740596*. No rips, tears, pinholes or bank marks. A stunning example of this tough 1950D* series....
Here is an EF/AU 1950C $50 Chicago Star. The serial number is G00812782*. No rips, tears, pinholes or bank marks. A stunning example of this tough series in a star. ...
