This listing is for the photographed 1928 Federal Reserve 5 Dollar Numeral Type Chicago Note. This note was issued at the Federal Reserve Bank in Chicago, as identified by the "7" inside of the seal at the left center of the obverse. Note is a numeral type, as the federal bank issue is depicted in numbers rather than letters as seen in later issues. The note is in Very Fine (VF) grade / condition, visible folds and signs of wear. Interesting type and in great condition! Must have for any collection! Fr.1950-G (Friedburg Number 1950-G).
Text: "Redeemable in Gold on demand at the United States Treasury, or in gold or lawful money or at any Federal Reserve Bank"
Under the Series of 1928, all small-sized notes carried a standardized design. All $5 bills would feature a portrait of Lincoln, the same border design on the obverse, and the Lincoln Memorial on the reverse. The $5 bill was issued as a United States Note with a red seal and serial numbers and as a Federal Reserve Note with a green seal and serial numbers.
Series 1928 was the first series of modern, small-sized notes issued. Since then, the series year has been changed when there is a major design change to a bill; a minor design change is indicated by a letter suffix being added to the series year.
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1928 5 Dollar Federal Reserve Numeral Note - Very Fine (VF) - Chicago (7) Issue - Redeemable In Gold - 1928 Five Dollar Bill- Fr#1950-G
