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Five Historic 5 Dollar Bank Notes - 1928 to 1963

  • Five Historic 5 Dollar Bank Notes - 1928 to 1963
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$159.95
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SKU:
10056
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Product Description

Before Federal Reserve Notes featured only green Treasury Department Seals, there were a number of different notes in America. Collect 5 of these unique notes in this $5 Collection. This grouping represents the three different types of bank notes in circulation from 1928-1963.

All five $5 bills feature similar designs - Abraham Lincoln on the front and the Lincoln Memorial on the back. The most noticeable difference is the color of the seal, but the wording on each bank note is also different to reflect the issuing entity and the mode of redemption.

This Set of 5 Obsolete $5 Bank Notes includes:

  • 1928 $5 U.S. Note with a red seal - this was the first small-size bank note following the switch from large-size notes, which were about 50% bigger
  • 1934 $5 Silver Certificate with blue seal - the first small-size Silver Certificate. Unlike other bank notes, Silver Certificates were actually backed by real silver in the Treasury, and the holder of the bank note could exchange it for a Silver Dollar until the 1960s.
  • 1934 $5 Federal Reserve Note with green seal - Federal Reserve Notes eventually became the only circulating currency, but in 1934, they were just one of many types.
  • 1953 $5 Silver Certificate with blue seal - this was the last series of $5 Silver Certificates. They circulated until 1969, when they were no longer allowed to be exchanged for silver. 
  • 1953 or 1963 $5 U.S. Note with red seal - these were the last U.S. Notes and the last series of $5 bills with a seal other than green.

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