Federal Reserve Notes

1928 K DALLAS $1000 FEDERAL RESERVE NOTE PMG CU63 RARE NR WOW FRN

1928 K DALLAS $1000 FEDERAL RESERVE NOTE PMG CU63 RARE NR WOW FRN

US $14,300.00

Sale

$1000 BILL PCGS GEM UNC 66 1934 A Federal Reserve Note FR 2212 C only 1 of 1

$1000 BILL PCGS GEM UNC 66 1934 A Federal Reserve Note FR 2212 C only 1 of 1

US $9,950.00

Sale


Coins and Paper Money -> Paper Money: US -> Large Size Notes -> Federal Reserve Notes

One of the most interesting collectibles in the field of coins and paper money are federal reserve notes. However, there is quite a bit of confusion out there about what these notes really are. If you are serious about getting into collecting federal reserve notes, there are a few things you need to know before you get started.

1. Knowing the Difference

There is a big difference between federal reserve notes and federal reserve bank notes. The first term refers to actual paper money, while the second is a specific type of banknote that is only produced by the Federal Reserve. Each one has a different collectible value, and it’s important to be able to tell the difference when you are collecting them. Some will be worth more than others, but generally, regular federal reserve notes are quite collectible.

2. Understanding the Fiat

The fiat, or agreement with a federal reserve note is that the reserve is not obligated to pay the face value of the note in gold or silver. In other words, this type of currency is not backed by a gold or silver standard. This works in both ways for collectors. For example, a $5 note may be worth much more than that, while a $100 note that is not collectible may only be worth $100.

3. The Two Dollar Bill

Surprisingly enough, one of the most collectible federal reserve notes is the $2 bill. All joking aside, these are a lot of fun to collect and many kids get their start with one of these bills. These actually can be spent just like regular money, but if you do find one of these, it’s best to put aside since the overall value may exceed the face value.

4. Condition Matters

As with most collectibles, the overall condition of a federal reserve note will determine its actual value. Ideally, you should look for notes that have not been circulated, but these may be hard to find. You should be able to come across notes that are referred to as “crisp” however. These are in perfect condition and are considered to be the best collectibles.

5. The Older the Better

Anytime you can find a federal reserve note that is at least fifty years old and still in good condition, there is the potential that it could be very valuable. At the very least, it will be worth more than the face value of the note. For example, a $10 federal reserve note that was printed in 1950 in great condition may be worth three times the face value. As notes age, they will become more valuable in many cases, so it is a good idea to keep looking.

If you do decide to collect federal reserve notes, it is important to do your research and stay on top of current trends. You never know – you may just be sitting on a gold mine, even if the note isn’t backed by the gold standard.

Photo Credits: pbarnhart_cedarpark

Originally posted 2008-09-18 14:00:00. Republished by Blog Post Promoter

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Online Stores
1928 K DALLAS $1000 FEDERAL RESERVE NOTE PMG CU63 RARE NR WOW FRN

1928 K DALLAS $1000 FEDERAL RESERVE NOTE PMG CU63 RARE NR WOW FRN

US $14,300.00

Sale

$1000 BILL PCGS GEM UNC 66 1934 A Federal Reserve Note FR 2212 C only 1 of 1

$1000 BILL PCGS GEM UNC 66 1934 A Federal Reserve Note FR 2212 C only 1 of 1

US $9,950.00

Sale

1918 $20 FEDERAL RESERVE NOTE ATLANTA CHOICE CU

1918 $20 FEDERAL RESERVE NOTE ATLANTA CHOICE CU

US $7,950.00

Sale

$100 1914 Large Size Notes Federal Reserve Notes CGA 66 GEM UNC RAREX 29990

$100 1914 Large Size Notes Federal Reserve Notes CGA 66 GEM UNC RAREX 29990

US $7,900.00

Sale

$20 Red Seal 1914 Federal Reserve Note ClevelandVery Rare In This High Grade

$20 Red Seal 1914 Federal Reserve Note ClevelandVery Rare In This High Grade

US $7,000.00

Sale

1934 $500 FIVE HUNDRED Dollar Bill STAR PMG GRADED Federal Reserve Note FRN

1934 $500 FIVE HUNDRED Dollar Bill STAR PMG GRADED Federal Reserve Note FRN

US $5,555.55

Sale

1934 $1000 ONE THOUSAND DOLLAR BILL FEDERAL RESERVE NOTE FRN PCGS GRADED MONEY

1934 $1000 ONE THOUSAND DOLLAR BILL FEDERAL RESERVE NOTE FRN PCGS GRADED MONEY

US $4,950.00

Sale

FEDERAL RESERVE NOTE FR 1104 US $100 1914 CGC 58PQ LOOKS GEM ALLEGORY NOTE

FEDERAL RESERVE NOTE FR 1104 US $100 1914 CGC 58PQ LOOKS GEM ALLEGORY NOTE

US $4,750.00

Sale

1934 $500 FIVE HUNDRED DOLLAR BILL FEDERAL RESERVE NOTE FRN PMG GRADED MONEY

1934 $500 FIVE HUNDRED DOLLAR BILL FEDERAL RESERVE NOTE FRN PMG GRADED MONEY

US $4,250.00

Sale

1934A US$1000 One Thousand Federal Reserve Note Chicago

1934A US$1000 One Thousand Federal Reserve Note Chicago

US $3,988.00

Sale

1934 A ONE THOUSAND DOLLAR FEDERAL RESERVE NOTE

1934 A ONE THOUSAND DOLLAR FEDERAL RESERVE NOTE

US $3,800.00

Sale

1934 A $1000 Federal Reserve Note Chicago PMG 55 AU

1934 A $1000 Federal Reserve Note Chicago PMG 55 AU

US $3,500.00

Sale

1981 E $100 STAR FEDERAL RESERVE NOTE RICHMOND PMG GRADED 66 EPQ

1981 E $100 STAR FEDERAL RESERVE NOTE RICHMOND PMG GRADED 66 EPQ

US $3,500.00

Sale

1934 A $1000 Federal Reserve Note CH CU C 316

1934 A $1000 Federal Reserve Note CH CU C 316

US $3,495.00

Sale

1914 $50 Federal Reserve Note Blue VF to XF

1914 $50 Federal Reserve Note Blue VF to XF

US $3,000.00

Sale

1985 $10 TEN DOLLAR BILL FEDERAL RESERVE ERROR NOTE FRN PMG GRADED CASH MONEY

1985 $10 TEN DOLLAR BILL FEDERAL RESERVE ERROR NOTE FRN PMG GRADED CASH MONEY

US $2,950.00

Sale

Rare 1928 $500 Gold Federal Reserve Note Ma Barker Bonnie and Clyde Pretty boy

Rare 1928 $500 Gold Federal Reserve Note Ma Barker Bonnie and Clyde Pretty boy

US $2,900.00

Sale

Rare $1000 CHICAGO Federal Reserve Note Ma Barker Bonnie and Clyde Pretty boy

Rare $1000 CHICAGO Federal Reserve Note Ma Barker Bonnie and Clyde Pretty boy

US $2,900.00

Sale

$1000 Federal Reserve Note Series 1934A Graded P

$1000 Federal Reserve Note Series 1934A Graded P

US $2,875.00

Sale

500 1000 dollar federal reserve notes NR or best offer fast S H to USA

500 1000 dollar federal reserve notes NR or best offer fast S H to USA

US $2,800.00

Sale

100 2006 SERIES $20 FEDERAL RESERVE SEQUENTIAL NOTESS N 401 THRU 500

100 2006 SERIES $20 FEDERAL RESERVE SEQUENTIAL NOTESS N 401 THRU 500

US $2,700.00

Sale

1934A $1000 Thousand Dollar Bill C00039461 Federal Reserve Note Cash Money LQQK

1934A $1000 Thousand Dollar Bill C00039461 Federal Reserve Note Cash Money LQQK

US $2,550.00

Sale

1934 $1000 FEDERAL RESERVE NOTEFR211 C PCGSVERY FINE 35LOW S N C00002721A

1934 $1000 FEDERAL RESERVE NOTEFR211 C PCGSVERY FINE 35LOW S N C00002721A

US $2,500.00

Sale

1934 $1000 FEDERAL RESERVE NOTE VF30 PMG FR2211 C MULE

1934 $1000 FEDERAL RESERVE NOTE VF30 PMG FR2211 C MULE

US $2,500.00

Sale

1915 FR 813 $10 Teehee Burke Federal Reserve Note Fine

1915 FR 813 $10 Teehee Burke Federal Reserve Note Fine

US $2,495.00

Sale

1934 $1000 FEDERAL RESERVE NOTE GRADING VERY FINE

1934 $1000 FEDERAL RESERVE NOTE GRADING VERY FINE

US $2,475.00

Sale

TT 1914 $100 FEDERAL RESERVE NOTE ATLANTA 6 F FR 1104 PMG 58

TT 1914 $100 FEDERAL RESERVE NOTE ATLANTA 6 F FR 1104 PMG 58

US $2,425.00

Sale

BRICK 1000 Uncirculated $2 Bills BEP Federal Reserve Notes Consecutive Numbers

BRICK 1000 Uncirculated $2 Bills BEP Federal Reserve Notes Consecutive Numbers

US $2,349.00

Sale

$20 1914 FEDERAL RESERVE NOTES 10 PC LOT FINE RARE

$20 1914 FEDERAL RESERVE NOTES 10 PC LOT FINE RARE

US $2,288.00

Sale

1928 $500 Federal Reserve Note Certified CGA Choice UNC 64 GREEN SEAL

1928 $500 Federal Reserve Note Certified CGA Choice UNC 64 GREEN SEAL

US $2,275.00

Sale

1914 $10 FEDERAL RESERVE STAR NOTE BOSTON AU UNC

1914 $10 FEDERAL RESERVE STAR NOTE BOSTON AU UNC

US $2,275.00

Sale

1934A $1000 FEDERAL RESERVE NOTE CHICAGO PMG 35 CHOICE VERY FINE

1934A $1000 FEDERAL RESERVE NOTE CHICAGO PMG 35 CHOICE VERY FINE

US $2,160.00

Sale

Gorgeous 1934 One Thousand Dollar Federal Reserve Note

Gorgeous 1934 One Thousand Dollar Federal Reserve Note

US $2,115.00

Sale

$1000 Federal Reserve Note Chicago

$1000 Federal Reserve Note Chicago

US $3,200.00

Sale

$20 FEDERAL RESERVE NOTE FANCY LUCKY LOW 00000008 2001 RARE LUCKY NUMBER 8

$20 FEDERAL RESERVE NOTE FANCY LUCKY LOW 00000008 2001 RARE LUCKY NUMBER 8

US $2,000.00

Sale

1934 $500 Five Hundred Dollar Bill G00077254 PMG AU 55 EPQ Federal Reserve Note

1934 $500 Five Hundred Dollar Bill G00077254 PMG AU 55 EPQ Federal Reserve Note

US $2,000.00

Sale

1934 $100000 FEDERAL RESERVE NOTE

1934 $100000 FEDERAL RESERVE NOTE

US $1,999.99

Sale

1934 $1000 FEDERAL RESERVE NOTE VF25 PMG FR2211 G MULE

1934 $1000 FEDERAL RESERVE NOTE VF25 PMG FR2211 G MULE

US $1,995.00

Sale

1934 A $1000 FEDERAL RESERVE NOTE GRADING VERY FINE

1934 A $1000 FEDERAL RESERVE NOTE GRADING VERY FINE

US $1,980.00

Sale

1934 A $1000 FEDERAL RESERVE NOTE FINE FREE SHIPPING

1934 A $1000 FEDERAL RESERVE NOTE FINE FREE SHIPPING

US $1,980.00

Sale

1934 A $1000 FEDERAL RESERVE NOTE VERY FINE  1408a

1934 A $1000 FEDERAL RESERVE NOTE VERY FINE 1408a

US $1,980.00

Sale

1934 $1000 FEDERAL RESERVE NOTE CH VF FREE SHIPPING

1934 $1000 FEDERAL RESERVE NOTE CH VF FREE SHIPPING

US $1,980.00

Sale

1934 $1000 FEDERAL RESERVE NOTE FREE SHIPPING FINE

1934 $1000 FEDERAL RESERVE NOTE FREE SHIPPING FINE

US $1,980.00

Sale

Fr 2200 G $500 1928 Federal Reserve Note XF

Fr 2200 G $500 1928 Federal Reserve Note XF

US $1,950.00

Sale

1918 $2 Federal Reserve Note in Fine or Better Condition

1918 $2 Federal Reserve Note in Fine or Better Condition

US $1,899.99

Sale

1934A $1000 ONE THOUSAND DOLLAR BILL FEDERAL RESERVE NOTE FRN PMG GRADED MONEY

1934A $1000 ONE THOUSAND DOLLAR BILL FEDERAL RESERVE NOTE FRN PMG GRADED MONEY

US $1,884.00

Sale

1928 $1000 ONE THOUSAND DOLLAR BILL FEDERAL RESERVE GOLD NOTE FRN PMG GRADED NR

1928 $1000 ONE THOUSAND DOLLAR BILL FEDERAL RESERVE GOLD NOTE FRN PMG GRADED NR

US $1,838.05

Sale

4 x $500 Five Hundred Dollar Bills Currency Cash Money Federal Reserve Notes

4 x $500 Five Hundred Dollar Bills Currency Cash Money Federal Reserve Notes

US $1,825.00

Sale

Uncut Sheet of 16 $50 Federal Reserve Notes 2006

Uncut Sheet of 16 $50 Federal Reserve Notes 2006

US $1,800.00

Sale

5 CONSECUTIVE 1934 D $100 FEDERAL RESERVE NOTES ★ CH CU ★ MULES NEW ◄EDELMANS►

5 CONSECUTIVE 1934 D $100 FEDERAL RESERVE NOTES ★ CH CU ★ MULES NEW ◄EDELMANS►

US $1,799.00

Sale

1928 $500 BILL FEDERAL RESERVE NOTE RARE HIGH GRADE reads REDEEMABLE IN GOLD

1928 $500 BILL FEDERAL RESERVE NOTE RARE HIGH GRADE reads REDEEMABLE IN GOLD

US $1,799.00

Sale

1914 $500 US Federal Reserve Note in Fine or Better Condition

1914 $500 US Federal Reserve Note in Fine or Better Condition

US $1,709.99

Sale

$1000 1934A Green Seal CHICAGO Federal Reserve Note

$1000 1934A Green Seal CHICAGO Federal Reserve Note

US $1,699.99

Sale

1934 $1000 FEDERAL RESERVE NOTE NICE HIGH GRADE

1934 $1000 FEDERAL RESERVE NOTE NICE HIGH GRADE

US $1,695.00

Sale

1934 A $1000 FEDERAL RESERVE NOTE NICE HIGH GRADE

1934 A $1000 FEDERAL RESERVE NOTE NICE HIGH GRADE

US $1,695.00

Sale

1914 US RED SEAL $5 FEDERAL RESERVE NOTE PAPER MONEY

1914 US RED SEAL $5 FEDERAL RESERVE NOTE PAPER MONEY

US $1,680.00

Sale

1934 US $1000 Federal Reserve Note VF

1934 US $1000 Federal Reserve Note VF

US $1,675.00

Sale

1934 FIVE HUNDRED DOLLARS FEDERAL RESERVE NOTE

1934 FIVE HUNDRED DOLLARS FEDERAL RESERVE NOTE

US $1,630.00

Sale

1934 $1000 US FEDERAL RESERVE NOTE CHEAP TAKE A LOOK

1934 $1000 US FEDERAL RESERVE NOTE CHEAP TAKE A LOOK

US $1,622.22

Sale

1934A $1000 Thousand Dollar Bill F00123204 Federal Reserve Note Cash Money LQQK

1934A $1000 Thousand Dollar Bill F00123204 Federal Reserve Note Cash Money LQQK

US $1,550.00

Sale

1934 $50 FEDERAL RESERVE NOTES 64 65 PPQ PCGS DGS FR 2102 C FIVE CONSECUTIVE

1934 $50 FEDERAL RESERVE NOTES 64 65 PPQ PCGS DGS FR 2102 C FIVE CONSECUTIVE

US $1,525.00

Sale

1928 $1000 Thousand Dollar Bill C00007291 Federal Reserve Note FRN MONEY CASH

1928 $1000 Thousand Dollar Bill C00007291 Federal Reserve Note FRN MONEY CASH

US $1,500.01

Sale

$100 Federal Reserve Note 1928 A PCGS About New 58

$100 Federal Reserve Note 1928 A PCGS About New 58

US $1,500.00

Sale

1914 FIVE DOLLAR FEDERAL RESERVE NOTE RED SEAL UNC

1914 FIVE DOLLAR FEDERAL RESERVE NOTE RED SEAL UNC

US $1,500.00

Sale

$1 FEDERAL RESERVE NOTE FANCY LUCKY LOW 00000008 1999 LUCKY NUMBER 8 NOTE

$1 FEDERAL RESERVE NOTE FANCY LUCKY LOW 00000008 1999 LUCKY NUMBER 8 NOTE

US $1,500.00

Sale

SERIES OF 1934 A $500 FEDERAL RESERVE NOTE NEW YORK

SERIES OF 1934 A $500 FEDERAL RESERVE NOTE NEW YORK

US $1,500.00

Sale

1928 $500 Federal Reserve Note Fr2201 C PMG 30

1928 $500 Federal Reserve Note Fr2201 C PMG 30

US $1,499.99

Sale

1928 $1000 Thousand Dollar Bill C00023532 Federal Reserve Note Mini RADAR

1928 $1000 Thousand Dollar Bill C00023532 Federal Reserve Note Mini RADAR

US $1,475.00

Sale

1914 FIVE DOLLAR FEDERAL RESERVE NOTE RED SEAL AU UNC

1914 FIVE DOLLAR FEDERAL RESERVE NOTE RED SEAL AU UNC

US $1,395.00

Sale

► 1914 $100 Federal Reserve Note STUNNING High Grade ◄

► 1914 $100 Federal Reserve Note STUNNING High Grade ◄

US $1,390.00

Sale

High grade $1000 Federal Reserve Note Series 1934A No Reserve

High grade $1000 Federal Reserve Note Series 1934A No Reserve

US $1,375.01

Sale

1934 $1000 One Thousand Dollar Bill Federal Reserve Note

1934 $1000 One Thousand Dollar Bill Federal Reserve Note

US $1,375.00

Sale

1934A $500 FEDERAL RESERVE NOTE

1934A $500 FEDERAL RESERVE NOTE

US $1,550.00

Sale

Impressive and Original 1934 A Five Hundred Dollar Federal Reserve Note AU

Impressive and Original 1934 A Five Hundred Dollar Federal Reserve Note AU

US $1,350.00

Sale

BRICK 1000 Uncirculated $1 Bills BEP Federal Reserve Notes Consecutive Numbers

BRICK 1000 Uncirculated $1 Bills BEP Federal Reserve Notes Consecutive Numbers

US $1,350.00

Sale

FR837A AU $500 FEDERAL RESERVE NOTE HV561

FR837A AU $500 FEDERAL RESERVE NOTE HV561

US $1,350.00

Sale

1934A $1000 Thousand Dollar Bill C00040727 Federal Reserve Note Cash Money LQQK

1934A $1000 Thousand Dollar Bill C00040727 Federal Reserve Note Cash Money LQQK

US $1,313.13

Sale

1934 $500 Federal Reserve Note Fr2201a B PCGS EF 40

1934 $500 Federal Reserve Note Fr2201a B PCGS EF 40

US $1,299.99

Sale

1934 $50000 FEDERAL RESERVE NOTE

1934 $50000 FEDERAL RESERVE NOTE

US $1,299.00

Sale

HAND SIGNED by the Treasurer 1995 500 FEDERAL RESERVE NOTES UNCUT A

HAND SIGNED by the Treasurer 1995 500 FEDERAL RESERVE NOTES UNCUT A

US $1,288.00

Sale

1934 $50 FEDERAL RESERVE NOTES 64 PPQ PCGS FR 2102 C FIVE CONSECUTIVE NOTES

1934 $50 FEDERAL RESERVE NOTES 64 PPQ PCGS FR 2102 C FIVE CONSECUTIVE NOTES

US $1,275.00

Sale

Uncut 2004 $20 Sheet Star Notes Federal Reserve

Uncut 2004 $20 Sheet Star Notes Federal Reserve

US $1,250.00

Sale

$5 1934D RARE Atlanta Federal Reserve Note FR1960 F

$5 1934D RARE Atlanta Federal Reserve Note FR1960 F

US $1,250.00

Sale

RARE 1934 A $500 FEDERAL RESERVE NOTE McKINLEY FIVE HUNDRED DOLLAR BILL

RARE 1934 A $500 FEDERAL RESERVE NOTE McKINLEY FIVE HUNDRED DOLLAR BILL

US $1,225.00

Sale

1934 $50 FEDERAL RESERVE NOTES 58 PPQ PCGS DGS FR 2102 C EIGHT CONSECUTIVE NOTES

1934 $50 FEDERAL RESERVE NOTES 58 PPQ PCGS DGS FR 2102 C EIGHT CONSECUTIVE NOTES

US $1,200.00

Sale

1996 UNCUT SHEET 16 US Twenty Dollar Bills $20 FEDERAL RESERVE STAR NOTES

1996 UNCUT SHEET 16 US Twenty Dollar Bills $20 FEDERAL RESERVE STAR NOTES

US $1,200.00

Sale

1934 A $500 NY FEDERAL RESERVE NOTE PAPER CURRENCY

1934 A $500 NY FEDERAL RESERVE NOTE PAPER CURRENCY

US $1,199.99

Sale

$500 1928 ST LOUIS Federal Reserve Note SOLID VF

$500 1928 ST LOUIS Federal Reserve Note SOLID VF

US $1,199.99

Sale

1914 FR 893a $10 Federal Reserve Note New York PMG 20

1914 FR 893a $10 Federal Reserve Note New York PMG 20

US $1,195.00

Sale

FR 1890 I 1929 $100 FEDERAL RESERVE BANK NOTE CGA 67 GEM UNCIR POP 1 0

FR 1890 I 1929 $100 FEDERAL RESERVE BANK NOTE CGA 67 GEM UNCIR POP 1 0

US $1,195.00

Sale

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