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Topic: Federal Reserve Bank Note


  
 United States two-dollar bill - Encyclopedia, History, Geography and Biography   (Site not responding. Last check: 2007-11-04)
The design on the obverse (excluding the elements of a Federal Reserve Note) is the oldest of all current U.S. currency having been adopted in 1929; the reverse is the second oldest design having been adopted in 1976.
The $2 bill wasn't reassigned to the Federal Reserve Note class of United States currency and was thus discontinued; the Treasury Department cited the $2 bill's low use and unpopularity as the reason for not resuming use of the denomination.
When the current note was first issued in 1976, it was met with general curiosity, and was seen as a collectible, not as a piece of regularly circulating currency, which the Treasury intended it to be.
www.arikah.com /encyclopedia/U.S._two_dollar_bill   (3675 words)

  
 The Federal Reserve is PRIVATELY OWNED   (Site not responding. Last check: 2007-11-04)
The premise used by President Wilson and his financial advisors for the establishment of the Federal Reserve System was to "supplant the dictatorship of the private banking institutions" and "to stabilize the inflexibility of national bank note supplies".
The Federal Reserve was to unite and supevise the entire banking system, control the expansion or contraction of currency, and regulate the flow of money to the commercial banks through the establishment of 12 Federal Reserve Banks.
If the Federal Reserve Bank were demolished and the Congress of the United States took control of the currency, as required in the Constitution, the National Debt would virtually end overnight, and the need for more taxes and even the income tax, itself.
www.worldnewsstand.net /today/articles/fedprivatelyowned.htm   (1349 words)

  
 USPaperMoney.Info: Details of Serial Numbering
Federal Reserve Bank Notes, despite their similarities to Nationals, followed the same serial numbering system as Federal Reserve Notes, since they were issued by particular FRBs.
The serial number on a star note is not related to the serial number of the defective note it replaces; indeed, a defective note may even be replaced by a star note from a different series, or (in the case of Federal Reserve Notes) from a different Federal Reserve district.
The serial numbers of the notes on a single sheet, therefore, are far from consecutive; the range from the lowest to the highest number on a sheet may be as wide as several million.
www.uspapermoney.info /general/number.html   (2685 words)

  
 Federal Reserve Bank of Minneapolis - Glossary   (Site not responding. Last check: 2007-11-04)
Notes are, in effect, a promise to pay the bearer on demand the amount stated on the face of the note.
Since the cash reserve a bank keeps on hand is only a small fraction of its deposits, a large number of withdrawals in a short period of time can deplete available cash and force the bank to close and possibly go out of business.
As the nation's central bank, the Federal Reserve has the authority and financial resources to act as “lender of last resort” by extending credit to depository institutions or to other entities in unusual circumstances involving a national or regional emergency, where failure to obtain credit would have a severe adverse impact on the economy.
woodrow.mpls.frb.fed.us /glossary.cfm   (6063 words)

  
 Six Kinds of United States Paper Currency
This might be seen as a portent of the future; for once the Depression started, and the widespread failure of banks, as the Federal Reverse System refused to support their liquidity, led to a massive deflation, gold came under attack, as it had in the previous century, as the culprit.
The desire of the federal government to monopolize banknotes is evident in the tax that was subsequently levied on all banknotes issued by State banks.
Thus the Federal Reserve Bank Note $5 of Series 1914 simply displaced the portrait of Lincoln to the side from the contemporaneous Federal Reserve Note $5 and replaced it in the center, as in National Bank Notes, with the name of the bank.
www.friesian.com /notes.htm   (6080 words)

  
 RICHARD J. REED WORLD PAPER MONEY - Home page: Collectible Banknotes, Coins, Stocks, Bonds, Checks, and Numismatic ...
Thus, replacement notes of the United States are known as "star notes." Notes from other countries might have an asterisk, or start with the letter R or the number 9, for example, depending on the country.
Usually a replacement note is in demand, depending of course on its condition, because it's quite a bit scarcer than the so-called regular notes.
Because of their nearly worthless status at the time, the notes were said to be good only to stuff in your boots to fill the holes and keep your legs and feet warm.
www.misterbanknote.com /bnglossary.html   (3375 words)

  
 Paper Money Glossary   (Site not responding. Last check: 2007-11-04)
Federal Reserve District Seal - Found to the left of the portrait on the face of a note, the seal identifies the Federal Reserve Bank (there are 12) that issued the note.
The Federal Reserve Bank that issued the note, not the federal reserve System, was obligated to honor this note.
Notes were hand-signed until 1863, then facsimiles of signatures were printed directly on the notes.
www.littletoncoin.com /html/Paper_Glossary.htm   (1775 words)

  
 Federal Reserve Bank of St. Louis   (Site not responding. Last check: 2007-11-04)
The Community Affairs team at the Federal Reserve Bank of St. Louis recently completed a District-wide environmental assessment that focused on community and economic development issues and opportunities.
ALFRED® (Archival Federal Reserve Economic Data) is an application for retrieving vintage versions of economic data.
FRED® is the Federal Reserve's economic and financial database.
stlouisfed.org /default.html   (660 words)

  
 Have you ever wondered about a $1 bill?
The Federal Reserve Bank designation is repeated in the upper and lower right and left corners of the bill.
The numbers and the letter indicate the Federal Reserve Bank the note is issued for, and are helpful in cases in claims made by the public for the redemption of burned or mutilated notes.
On Federal Reserve notes the seal is overprinted in green.
www.ronscurrency.com /ronef.htm   (369 words)

  
 Bass Sale 1 Session 1
While the $1 notes of 1918 were issued by all 12 banks, and within those banks there are various signature combinations, for other denominations the issuance was irregular.
From the Federal Reserve Bank of Dallas, Texas, with bank signatures of Hoopes and Van Zandt as secretary and governor.
The note is a blank form for use when amounts did not fit one of the standard forms in denominations of $100, $500, $1,000, $5,000, or $10,000.
www.harrybassfoundation.org /basscatalogs/BASSSALE1/b1-1-e.htm   (4140 words)

  
 Six Kinds of United States Paper Currency (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-11-04)
All the small notes featured a portrait of Washington for the $1 note, Jefferson for $2, Lincoln for $5, Hamilton for $10, Jackson for $20, Grant for $50, Franklin for $100, McKinley for $500, Cleveland for $1000, Madison for $5000, and Chase for the $10,000.
Identical to National Banks Notes in form and function but issued by Federal Reserve Banks, these notes were retired in 1945.
Fractional reserve banking cannot be "fraudulent" when there is nothing secret about it and when it is clear that people would have to pay for banks to hold their savings with 100% reserves, while banks will pay them for savings that can be (prudently) loaned to others.
www.friesian.com.cob-web.org:8888 /notes.htm   (6090 words)

  
 Heritage Connections... A. James Evans' Pattern Collection at Palm Beach
Large-sized Federal Reserve Bank Notes were issued in series 1915 and 1918 in denominations ranging from $1 to $50, while the small-sized versions of these notes, all series of 1929, ranged in denomination from $5 to $100.
While the Dallas $50 Federal Reserve Bank Notes were issued when the bank was located in the old concrete building on Akard Street in downtown Dallas, the new building on Pearl Street is now issuing a new type of $50 bill.
Note that MyTrackedLots only covers items that you have not bid on, because it's designed to allow you to watch items that you are interested in for any reason but may not have any intention of bidding on.
www.heritageauctions.com /common/newsletter.php?id=1018   (2183 words)

  
 Federal Reserve Bank Note - Wikipedia, the free encyclopedia (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-11-04)
Federal Reserve bank notes were United States currency banknotes issued by individual Federal Reserve Banks.
They differed from Federal Reserve Notes in that they could only be redeemed at the Federal Reserve bank that issued them.
Federal Reserve notes could be redeemed at any Federal Reserve bank.
en.wikipedia.org.cob-web.org:8888 /wiki/Federal_Reserve_Bank_Note   (243 words)

  
 National Bank Note - Wikipedia, the free encyclopedia
These notes were similar in overall appearance to most of the Federal Reserve Notes that circulated from 1929 through the 1990s, with one important exception: the "title" (name) of the issuing "national bank", as well as the name of the town and state where the bank was located were printed on the notes.
National bank notes were retired as a currency type by the U.S. government in the 1930's during the great depression.
Sometimes these notes are called "hometown" notes, with their popularity deriving from the wide range of towns and cities that issued them.
en.wikipedia.org /wiki/National_Bank_Note   (302 words)

  
 USPaperMoney.Info: History of Currency Designs
It was for this reason that the Federal Reserve Bank Notes, which had not been issued since the large-size era, were reintroduced; the law governing these notes was such that a large quantity could be issued quickly.
Changes to the legend and to the bank signers' titles were accomplished by an overprint, fling out the inapplicable wording and adding the new, often poorly aligned and overlapping other elements of the design.
The FRBNs' serials and seals were printed in the same brown ink used on the Nationals; however, the seal used was not the small one appearing on the Nationals, but the larger one common to all other currency types.
www.uspapermoney.info /history/1933.html   (685 words)

  
 The Sad Story Of The Privately Owned Federal Reserve Bank   (Site not responding. Last check: 2007-11-04)
The People are then obligated to repay the privately owned Federal Reserve Bank, with their tax dollars, at full face value, plus interest (which is converted to gold at par, through the International Monetary Fund).  The privately owned Federal Reserve Bank Notes and federal government credits were created for virtually nothing.
THE NATIONAL BANKING ACT OF After Lincolns’ un-borrowed Greenbacks were sufficiently and falsely discredited by inflation creating shenanigans of the bankers, the Greenback Act was revoked and replaced by the National Banking Act of 1863.
Americans, once again, became the servants of the monetary powers!  The National Banking Act of 1863 was passed after Salmon P. Chase, Secretary of the Treasury, and the Congress succumbed to the pressure of the bankers.
www.worldnewsstand.net /money/FED1.htm   (1522 words)

  
 Liber8™ - The Research Library of the Federal Reserve Bank of St. Louis
Federal Reserve Bank of Dallas Southwest Economy, Issue 6, November/December 2006.
Federal Reserve Bank of Minneapolis Fedgazette, November 2006.
IES Database: The Federal Reserve Bank of St. Louis Research Library's International Economic Statistics Database.
liber8.stlouisfed.org   (284 words)

  
 FRBB: Bank Notes
Bank Notes is a monthly publication of the Research Department of the Federal Reserve Bank of Boston.
Inclusion of information in Bank Notes does not imply that the Federal Reserve System endorses the opinions or policies expressed or has verified the accuracy of the information.
Bank Notes is available free of charge via electronic mail.
www.bos.frb.org /economic/banknote/index.htm   (227 words)

  
 : : INTEREST : :   (Site not responding. Last check: 2007-11-04)
The last of the true Gold Certificates - the Federal Reserve was instituted in December 1913.
At the time this was issued, a "note" was well understood to be a promise of payment.
As far as what is written on the note, there is not much to distinguish it from the $1 note above.
www45.brinkster.com /u47523722/interest.html   (513 words)

  
 International Affairs - Federal Reserve Bank of New York   (Site not responding. Last check: 2007-11-04)
Our seminars, training programs, and conferences—and our account relationships with the international central banking community—position the Federal Reserve Bank of New York as a leader in policy, technology, and education for central bankers.
On behalf of the Federal Reserve System, we provide correspondent and custodial banking services for central banks, monetary authorities, and certain international organizations to facilitate their official financial operations.
In this paper, we show how the amounts and forms of these exposures have evolved over time and note the changes in embodied risks taken through banks’ cross-border activity, local claims, and derivative positions.
www.ny.frb.org /banking/international.html   (337 words)

  
 Board of Governors of the Federal Reserve System
Annual notice of asset-size exemption threshold for depository institutions
Termination of enforcement action against Canadian Imperial Bank of Commerce
Agencies release annual CRA asset-size threshold adjustments for small and intermediate small banks
www.federalreserve.gov   (77 words)

  
 FRB: H.6 Release--Discontinuance of M3   (Site not responding. Last check: 2007-11-04)
Discontinuance of M3 On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate.
Measures of large-denomination time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks).
M3 does not appear to convey any additional information about economic activity that is not already embodied in M2 and has not played a role in the monetary policy process for many years.
www.federalreserve.gov /releases/h6/discm3.htm   (164 words)

  
 Investment Grade U. S. Currency
Please take a good look and decide if this stupendous note belongs in your collection.
This is a beauty and a strong collectors note that is a favorite among collectors.
Philip Driver Currency is an Authorized Distributor of The Census of U.S. Large Size Type Notes.
www.philipdrivercurrency.com /frns/frbns.html   (274 words)

  
 Large Size Federal Reserve Bank Notes
1918 $2 Federal Reserve Bank Note PMG Graded CU63 EPQ S/N B14989473A
AKA "The Battleship Note" FR-752 Signatures of Elloitt and Burke, Hendricks and Strong.
1918 $1 Federal Reserve Bank Note "Cleveland" FR-719 CGA Graded EF40 S/N D19527547A
usrarecurrency.com /LargeSizeBankNotes.htm   (97 words)

  
 St. Louis Fed: Economic Data - FRED®
Welcome to FRED® (Federal Reserve Economic Data), a database of over 3000 U.S. economic time series.
Data lists can now contain up to 1000 series, and multiple series and vintage dates can be added using one form.
Bank Prime Loan Rate Changes: Historical Dates of Changes and Rates (2006-07-03)
research.stlouisfed.org /fred2   (133 words)

  
 Bunte Auction Services June 2004 Coins & Stamps Catalogue
U.S. FEDERAL RESERVE NOTES Sixteen five-dollar Federal Reserve notes.
U.S. FEDERAL RESERVE NOTES Six ten-dollar Federal Reserve Notes, Chicago, Illinois; Three 1928B and three 1934C, mostly uncirculated.
U.S. FEDERAL RESERVE NOTES Two twenty-dollar Federal Reserve Bank note; Chicago, Illinois; 1934 and 1934A; uncirculated.
www.bunteauction.com /catprices/062604coinstampcat.html   (2814 words)

  
 FEDERAL RESERVE BANK of NEW YORK
Early release: Conditions for New York manufacturers improved at slightly slower pace
Federal Open Market Committee keeps target for federal funds rate at 5.25%
Remarks by President Geithner: Global Economic and Financial Integration: Some Implications for Central Banking
www.newyorkfed.org   (151 words)

  
 eBay Store - Silver Dollars Paper Money Currency Silver: US Paper Money, Silver Dollars, Silver eagle   (Site not responding. Last check: 2007-11-04)
1929 $5 Federal Reserve Bank Note Graded AU58 PPQ PCGS
1929 Brown Seal $50 Federal Bank Note XF Fr.#1880-G
Designated trademarks and brands are the property of their respective owners.
stores.ebay.com /K-S-Coins-and-Silver   (195 words)

  
 1918 $1 U.S. FEDERAL RESERVE BANK NOTE (Lot 23)
1918 $1 U.S. FEDERAL RESERVE BANK NOTE (Lot 23)
1918 $1 U.S. From the Federal Reserve Bank of Philadelphia.
The eBay and eBay Live Auctions logos are trademarks of eBay Inc.
www.icollector.com /item.aspx?lid=5389557   (49 words)

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