Federal Reserve Bank Note

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 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.

As large size notes they were first issued in 1914 with a design that shared elements with the both the National Bank Notes, and the Federal Reserve Notes of the time, but as small size notes 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.

References




United States dollar
dólar estadounidense (Spanish)
dólar amerikanu (Tetum)
dólar americano

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banknote (often known as a bill or simply note) is a kind of negotiable instrument, a promissory note made by a bank payable to the bearer on demand, used as money, and under many jurisdictions is used as legal tender.
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Federal Reserve System

Seal The Federal Reserve System Eccles Building (Headquarters)
Headquarters Washington, D.C.
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National Bank Notes were United States currency banknotes issued by banks chartered by the United States Government. The notes were backed by United States bonds the bank deposited with the United States Treasury.
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Federal Reserve Note (FRNs or ferns) is a type of banknote issued by the Federal Reserve System and is the main type of paper currency in the United States.
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United States coinage was first minted by the new republic in 1792. New coins have been produced every year since then and they make up a valuable aspect of the United States currency system. Today circulating coins exist in denominations: $0.01, $0.05, $0.10, $0.25, $0.50, and $1.
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United States dollar
dólar estadounidense (Spanish)
dólar amerikanu (Tetum)
dólar americano

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history of the United States dollar covers more than 200 years.

Early history

The history of the dollar in North America pre-dates US independence. Even before the Declaration of Independence, the Continental Congress had authorized the issuance of dollar denominated coins
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Today, the currency of the United States, the U.S. dollar, is printed in bills in denominations of $1, $2, $5, $10, $20, $50, and $100. At one time, however, it also included five larger denominations. Shown here is a $100,000 Gold certificate from 1934.
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The half cent coin was produced in the United States from 1793-1857. The half-cent piece was made of 100% copper. It was slightly smaller than a modern U.S. quarter, with a diameter of 23.5 mm (0.93 inch).
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large cent was a coin with a face value of 1/100 of a United States dollar. Its diameter varied between 27mm and 29mm. The first official mintage of the large cent was in 1793, and its production continued until 1857, when it was officially replaced by the modern-size one-cent coin
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The two-cent coin was produced in the United States from 1864-1873 with decreasing mintages throughout that time. The two-cent piece was made of 95% copper with tin and zinc making up the remainder. It was very slightly smaller than a modern U.S. quarter.
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The United States three cent piece was a unit of currency equaling 3/100th of a United States dollar. The mint produced two different three cent coins: the three cent silver and the three cent nickel.

History

The three cent coin has an unusual history.
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The half dime was a silver coin, valued at five cents, formerly minted in the United States.

The denomination was one of the original coins first authorized in 1792, and production began the following year.
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The United States twenty cent coin (often called a twenty cent piece) was a unit of currency equalling 1/5th of a United States dollar.

The twenty cent coin had one of the shortest mintages and lowest circulations in US coin history, for both the series
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The Trade Dollar was a silver dollar coin issued by the United States solely for trade in the orient with China, Korea, and Japan. It is 420 grains in weight, composed of 90% silver and 10% copper, as opposed to the 412 grains of a standard US silver dollar of the time
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Gold Dollar (United States)

Liberty Head (1849-1854)


Small Indian Head (1854-1856)


Large Indian Head (1856-1889)

Value: 1.00 U.S. dollar
Mass: 1.
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quarter eagle was a coin issued by the United States with a denomination of two hundred and fifty cents, or two dollars and fifty cents. It was given its name in the Coinage Act of 1792, as a derivation from the US ten-dollar eagle coin.
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The three-dollar piece was a United States coin produced from 1854 to 1889. Its value was intended to tie in with the postal system. At the time, a first class postage stamp was worth 3¢, and were often sold in sheets of one hundred stamps.
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The United States four dollar coin, also officially called a Stella, is a unit of currency equaling four United States dollars.

The Stella was a pattern coin produced to explore the possibility of joining the Latin Monetary Union; these patterns were produced in 1879
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The Half Eagle is a United States coin that was produced from 1795 to 1929. Composed almost entirely of gold, it had a face value of five dollars. Its production was authorized by The Act of April 2, 1792, and it was the first gold coin minted by the United States.
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eagle was a base-unit of denomination issued only for gold coinage by the United States Mint. The eagle was the largest of the four main decimal base-units of denomination used for circulating coinage in the United States prior to 1933, the year when gold was withdrawn from
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Double Eagle is a gold coin of the United States with a denomination of $20. Although the "eagle"-based nomenclature for gold U.S. coinage is often assumed to be a nickname, the "eagle," "half-eagle" and "quarter-eagle" were specifically given these names in the Act of Congress
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Compound Interest Treasury Notes were United States treasury notes authorized in 1863 and 1864 in denominations of $10 and $50. They matured for three years until they could be redeemed and brought 6 percent interest.
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Top row: The distinctive green ink used on the backs of Demand Notes gave rise to the term "greenbacks"
Bottom row: Prominent design elements used on the front of $5 and $20 Demand Notes (located respectively under their denomination); pictured in the middle is the front
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gold certificate in general is a certificate of ownership that gold owners hold instead of storing the actual gold. It has both a historic meaning as a US paper currency (1882-1933) and a current meaning as a way to invest in gold.
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United States fifty-dollar bill ($50) is a denomination of United States currency. U.S. President Ulysses S. Grant is currently featured on the obverse, while the U.S. Capitol is featured on the reverse. All $50 bills issued today are Federal Reserve Notes.
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National Bank Notes were United States currency banknotes issued by banks chartered by the United States Government. The notes were backed by United States bonds the bank deposited with the United States Treasury.
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National Gold Bank Notes were banknotes first authorized on July 12, 1870 by the United States Government. They were redeemable by the issuing bank in gold coin.

These notes were a sort of hybrid of two currency types; national bank notes and gold certificates.
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The Refunding Certificate, issued only in the $10 denomination, was a type of interest-bearing banknote issued by the United States Treasury. Their issuance relects the end of a coin-hoarding period which began during the American Civil War, and represented a return to public
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