$5 1914 FEDERAL RESERVE NOTE
Lot Number:61
Completed
Start Time:5/8/2024 4:00:00 AM
End Time:5/26/2024 10:31:30 PM
Bid Count:17
Winning Bidder:j****4
Starting Bid:$1.00
Bid Increment:$2.50
Current Bid:$42.50
Bidding complete

The 1914 Federal Reserve Note was the first issued by the Federal Reserve System, established in 1913. These notes were known as "Large Size" notes due to their dimensions being larger than later issues [Wikipedia, Federal Reserve Note].

Here are some interesting details about the 1914 Federal Reserve Note:

  • Denominations: They were issued in denominations of $1, $2, $5, $10, $20, $50, $100, $500, and $1,000 [Federal Reserve History, Board of Governors of the Federal Reserve System].
  • Design: The design varied depending on the denomination. They all featured the Federal Reserve seal and the inscription "Federal Reserve Note" on the front. The back of the note depicted an allegorical scene related to American history or industry. You can find images of the different designs online [Federal Reserve Bank of Richmond, Educational Resources].
  • Signatures: The notes were signed by a Federal Reserve Bank Officer and the Secretary of the Treasury.
  • Value: The value of a 1914 Federal Reserve Note depends on the denomination, condition, rarity, and series. Common circulated notes are worth a few dollars above face value, while uncirculated notes or rare varieties can bring much higher prices from collectors [Heritage Auctions, 1914 $1 Federal Reserve Note].

Further Research:

  • To learn more about the specific value of a 1914 Federal Reserve Note, you can look for resources on coin collecting and paper money. These resources may include online databases or professional coin grading services.
  • The Federal Reserve Bank of Richmond also has a website with educational resources about US currency, including information about Federal Reserve Notes [Federal Reserve Bank of Richmond, Educational Resources].
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Michigan
United States