United States Paper Money Collection


© Copyright 1995-2009, Clay Irving <clay@panix.com>, Manhattan Beach, CA

$5 National Notes and Federal Reserve Bank Notes

The engraving of Abraham Lincoln by Charles Burt on the small size $5 notes is based on the photography by Anthony Berger.

The Lincoln Memorial was engraved by J. C. Benzing. The memorial was dedicated on 30 May 1922, 57 years after the idea was conceived. Henry Bacon was the architect. The 36 columns represent the 36 states of the Union in 1865. The 19 foot statue of Lincoln was carved by Daniel C. French.

[ Last Update: Saturday, 04-Jul-2009 13:58:03 EDT ]

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FR-1800-1, KL-1170 - Series 1929 $5 National Note, Type 1, The First National Bank of Selin Grove, Pennsylvania, Uncirculated

National Notes were established by the National Banking Act of 1863 and were made from 1863 to 1929. They were issued by banks that received a charter from the US government allowing them to issue money — Charter number 357 is printed on the left and right side of the note. The notes were backed by bonds deposited with the US government.

National Notes have four signatures — The Register of the Treasury and Treasurer of the United State on the top, and the Cashier and President of Governor of the bank on the bottom.

FR-1850D, KL-1662 - Series 1929 $5 Federal Reserve Bank Note, Cleveland, The Federal Reserve Bank of Cleveland

Series 1929 Federal Reserve Bank Notes were hastily printed in March 1933 just after President Roosevelt has come to office. They were backed by government securities, but did not require the 40% gold cover that was required for Federa Reserve notes at that time. These notes have brown seals and serial numbers, and physically resemble Series 1929 National Bank Notes. All of these notes bear the signature of Jones - Wood, and they are also co-signed by two officers of the issueing Federal Reserve Bank.