Small Size Federal Reserve Bank Notes $50 - 1929

Small Size-Federal Reserve Bank Notes

Small size Federal Reserve Bank Notes (FRBNs) of 1929 was a one-year emergency issue. Issued in 1933 in denominations of $5, $10, $20, $50 and $100 denomoations, they all featured a distinct Brown Seal. Not all banks issued all denominations. Although they are all obsolete, most are still readily available for collectors. FRBN stars notes are highly sought after and are very rare in certain denominations. According to the Jhon E Cash Census, there are an estimated 1,215 star notes known. They differed from Federal Reserve Notes in that they could be redeemed only at the Federal Reserve bank that issued them.

They were issued only as an emergency issue in 1933 using the same paper stock used for National Bank Notes. This emergency issue was prompted by the public hoarding of cash because of the many bank failures happening at the time. This also limited the ability of the ,National Banks to issue notes of their own. They were phased out within 2 years, but served their purpose dutifully. As small size notes, they have brown seals and serial numbers, the same as National Bank Notes of the era.

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7 Notes Found

Page: 1

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Fr.-1880 1929 $50 Chicago FRBN Ser. G00158525A Raw
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Added: 7/19/2010 Views: 4476 Price: SOLD

Fr.-1880 1929 $50 Cleveland FRBN Ser. D00425469A Raw
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Added: 7/19/2010 Views: 4456 Price: SOLD

Fr.-1880 1929 $50 Kansas City FRBN Ser. J00238145A Raw
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Added: 7/19/2010 Views: 4466 Price: SOLD

Fr.-1880 1929 $50 Minneapolis FRBN Ser. I00083247A PMG-66 EPQ
Here is the Finest known 1929 $50 FRBN from the rare and tough district of Minneapolis that exist in a PMG holder as of Sept 2010. It is a 1929 $50 Mi...
Added: 9/1/2010 Views: 4448 Price: SOLD

Fr.-1880 1929 $50 New York FRBN Ser. B00434897A Raw
This is a nice 1929 $50 FRBN from the New York district. The serial number is B00434897A. Nice color and margins. No problems here....
Added: 7/19/2010 Views: 4497 Price: SOLD

Fr.-1880 1929 $50 San Francisco FRBN Ser. L00315597A Raw
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Added: 7/19/2010 Views: 4463 Price: SOLD

Fr.-1880D* 1929 $50 Cleveland FRBN Star Ser. # D00002284* VF
There were only 12,000 printed of these 1929 $50 FRBN stars from the Cleveland district. Only 39 have survived to the census. The serial number is D00...
Added: 3/23/2010 Views: 4523 Price: SOLD

7 Notes Found

Page: 1

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