Description: 1928 $100 FRN Minneapolis FR. 2150-I - PMG 25 VFThis 1928 $100 Federal Reserve Note from Minneapolis, featuring the FR. 2150-I designation, is a noteworthy example of early Federal Reserve Notes. Graded PMG 25 Very Fine, this note carries significant historical value, being part of the first series of $100 Federal Reserve Notes issued during a pivotal time in American economic history.Key Features: Grade: PMG 25 Very Fine Type: Federal Reserve Note (FRN) District: Minneapolis (I) Denomination: $100 Year: 1928Historical Context and Significance:The 1928 series marks an important transition in the history of U.S. currency, as it was the first series to adopt the smaller size format that remains standard today. These early Federal Reserve Notes were issued during a period of economic transformation, just before the Great Depression, which adds to their historical importance. The Minneapolis District, represented by the letter 'I', issued fewer $100 notes compared to other districts, which makes this note an interesting and scarce collectible.Notes from this era are particularly valued for their historical significance, as they offer insight into the U.S. monetary system during a time of substantial economic change. The PMG 25 Very Fine grade indicates that this note has circulated but retains much of its original detail, making it both a valuable collectible and a tangible piece of American history.Collector's Note:This 1928 $100 FRN from Minneapolis represents a key piece of U.S. numismatic history. Its grade of PMG 25 Very Fine ensures it retains both its historical character and visual appeal. For collectors seeking to add a significant and early Federal Reserve Note to their collection, this piece offers an opportunity to own a part of America’s economic story. Don't miss the chance to acquire this historically significant banknote today!A Journey into Small Size US Federal Reserve Banknote CollectingHistory, Rarity, and Investment Potential Collecting Small Size US Federal Reserve Banknotes offers an exciting exploration of American currency history, dating back to the early 20th century. These notes, first introduced in 1928, replaced the larger, more cumbersome notes of the past, offering both functionality and advanced security features. For collectors, small size US Federal Reserve Notes (FRNs) represent a unique blend of historical significance, artistry, and investment potential. From rare series notes to the highly sought-after star notes and replacement notes, the world of small size US banknote collecting is filled with treasures that reflect the evolution of American currency over time. The History of Small Size Federal Reserve Notes The story of small size US banknotes begins in 1928, when the U.S. Treasury sought to standardize the size of all paper money. These notes, measuring 6.14 x 2.61 inches, were significantly smaller than their predecessors, leading to the modern banknotes we recognize today. With this shift came a focus on new designs, greater security features, and the goal of streamlining U.S. currency production. The first series of small size Federal Reserve Notes featured portraits of key historical figures, such as George Washington on the $1 note, Alexander Hamilton on the $10 note, and Andrew Jackson on the $20 note. Collectors are particularly drawn to early issues from the 1928 series due to their historical importance and scarcity. Rare Notes and Collectibility Small size Federal Reserve Notes offer a wide array of collecting opportunities, with key series, star notes, and errors being some of the most prized. Here are a few highlights: •1928 Series Notes: As the first series of small size notes, the 1928 $5, $10, and $20 notes are highly collectible, especially in higher grades like Choice Uncirculated. These notes are sought after not only for their historical significance but also for their design features, such as the use of gold seals on 1928 Gold Certificate FRNs.•Star Notes: Star notes are replacement notes, printed when a faulty note is detected during the printing process. Instead of the usual serial number, these notes feature a small star at the end, making them rarer than standard notes. Collectors of star notes look for examples across various series, with particular interest in early star notes from the 1928-1950 series.•Errors and Mismatches: Error notes, including misprints, ink smears, and mismatched serial numbers, are among the most exciting finds for collectors. Error notes are rare, as most mistakes are caught and corrected before circulation. Collectors seek out these anomalies as unique additions to their collections.•Light Green Seal (LGS) Notes: Some of the 1934 series notes, particularly those from the Federal Reserve Bank of Atlanta and Minneapolis, are printed with a light green seal, known as LGS notes. These are especially rare and highly coveted by collectors due to the subtle yet distinctive difference. Star and Replacement Notes: A Collector’s Treasure Among small size US banknotes, star notes and replacement notes hold a special place. These notes are printed to replace damaged or defective notes during production and are identified by a star symbol at the end of the serial number. Star notes are generally printed in smaller quantities, making them rarer and more valuable to collectors. For example, a 1934 $20 Minneapolis Federal Reserve Note with a blue-green seal and star serial number is a highly sought-after piece, combining both rarity and unique design features. Collecting star notes from various Federal Reserve districts is a rewarding challenge, and finding higher-grade star notes can significantly enhance a collection’s value. The Appeal of Federal Reserve Notes by District The twelve Federal Reserve Banks issue their own notes, identified by a letter and number code printed on the bill. For instance, “A” represents the Federal Reserve Bank of Boston, while “L” represents the Federal Reserve Bank of San Francisco. Each district’s notes can carry different levels of scarcity and desirability, with certain districts issuing far fewer notes than others. For example, notes from Minneapolis (district “I”) and Dallas (district “K”) are often scarcer than those from other districts, particularly in older series like 1928 and 1934. Collectors often aim to assemble complete sets of district notes, adding to the challenge and reward of small size US banknote collecting. The Artistry of Small Size US Banknotes Though smaller in size, Federal Reserve Notes feature remarkable artistry that has captivated collectors for generations. Portraits of key figures from American history are meticulously engraved, with each series highlighting national heroes, historical landmarks, and cultural symbols. The intricate engraving on the obverse of these notes, combined with the intricate background designs, showcases the craftsmanship of the Bureau of Engraving and Printing (BEP). Collectors appreciate the fine details and historical significance portrayed on each bill, from Abraham Lincoln on the $5 note to Benjamin Franklin on the $100 note. Investment Potential: Why Collect Small Size US Federal Reserve Notes? For many, small size US Federal Reserve Notes offer more than just a piece of history—they present a compelling investment opportunity. As the demand for rare and high-grade banknotes grows, so too does their value. Certain series, particularly from 1928 and 1934, have shown consistent appreciation over time. •Scarcity and Condition: Notes in uncirculated or gem uncirculated condition are increasingly rare, especially for older series. As the supply of high-grade notes diminishes, their value tends to increase, making them excellent long-term investments.•Historical Significance: Banknotes tied to pivotal moments in American history, such as the Great Depression or World War II, hold extra appeal for collectors. These notes not only have numismatic value but also offer historical context that adds to their desirability.•Star Notes and Errors: The inherent rarity of star notes and error notes makes them attractive to both seasoned collectors and investors. The unique nature of these notes means they often command higher prices at auctions and are prized for their one-of-a-kind characteristics. Conclusion: Embarking on a Journey into Small Size US Banknote Collecting Small size US Federal Reserve Note collecting offers a rich blend of history, artistry, and investment potential. Whether you’re drawn to the rare series notes of the 1928 and 1934 series, the intrigue of star and replacement notes, or the challenge of assembling district sets, each banknote tells a story of America’s past. From the intricate designs of historical figures to the rare printing anomalies, every small size note is a treasure waiting to be discovered. For both novice and experienced collectors, small size US banknotes provide a rewarding journey into the heart of American currency and its evolution over the last century._______________________________________________________________________________________________WHAT MAKES BLOC GALLERIES SPECIALOur Team: At the heart of Bloc Galleries is a belief: no great endeavor is ever accomplished without extraordinary people. We're not just employees doing a job. Like you, we are avid collectors bound by a deep-rooted passion for the world of collecting. Every artifact and every note has a story, and we are as invested in discovering and sharing these tales as you are. It's not just about the hours we pour in but the energy, dedication, and sacrifices we willingly make. Our greatest rewards? The smiles, the thrill, the awe of our clients. Yes, we're human, and we might falter at times, but our commitment to improve and to serve you better never wanes. Every day, we strive to be a part of your collecting journey, ensuring it's as thrilling and fulfilling as you dreamed.Vast Acquisitions, Unbeatable Pricing: Every quarter, we purchase tens of thousands of banknotes, leveraging our extensive global network of relationships and resources to access inventory unavailable to the public. This volume allows us to offer quality banknotes below market prices.Authentic Discovery: Our streamlined team has limited weekly time to bundle auction lots based on potential appeal rather than cataloging and pricing individual issues. Our auctions frequently feature high-grade, unsearched currency lots brimming with hidden treasures that continually astonish our customers.Customer-Friendly Bidding: Every auction starts with a low opening bid and no reserve pricing. It's a transparent, exciting way to nab the best deals.Simplified Shipping: Whether you purchase one item or 25, our flat shipping rate of $6.50 ensures your treasures reach you safely. And yes, that covers combined shipping for multiple wins!Value-Driven Approach: Our continuous, large-scale acquisitions mean deep savings for our clients.The Thrill of the Chase: We don't pre-screen or overly catalog. Here, every bid holds the promise of discovery. Our long-time bidders can attest to unearthing true gems and securing exceptional value. Join us in this thrilling hunt. Whether you're a seasoned collector or just starting, our weekly auctions are your gateway to unparalleled deals. Ready to start your collecting adventure?______________________________________________________________________________________________ OUR MONEY-BACK GUARANTEEAt Bloc Galleries, we specialize in offering the finest collectibles and treasures backed by our exceptional team of clients. Our unyielding commitment to your satisfaction and our expert staff stands ready to make your experience with Bloc Galleries outstanding. Purchasing online collectibles can be subjective, meaning photos sometimes need to meet our client's expectations or interpretation. So many variables come into play with antique, vintage, and collectible items that we understand that anything not precisely as expected can be returned for any reason due to this unique nature. We process tens of thousands of items annually, and occasionally, mistakes happen with listing numbers, lots, photos, or other weird stuff. When that occurs, we always try to provide a substitute for a better grade or condition for the same or reduced price. We have successfully made those situations a win-win opportunity for both the customer and our gallery, so please don't worry about an item that might not be as expected. We will make it right. If not wholly pleased, receive a full refund, including return shipping, at our expense. Please contact us (eBay, phone, or text) before posting feedback; this allows us to perform and make things right.SHIPPING & HANDLINGWe carefully package and ship out twice weekly; our offices are closed on weekends and holidays. We typically see short delivery times because we are in the central part of the United States. The buyer's confirmed address must be shipping from Fargo, North Dakota, via FedEx, USPS, and UPS PO Boxes—extra shipping for Alaska, Hawaii, Puerto Rico, Guam, or other US territories. We are tracking orders over $200. Taxes are charged according to State laws. SHIPPING We offer a flat rate shipping fee of $6.50, which includes combined shipping for multiple orders placed within the same day (24-hour period). Please note that orders placed on different days will each incur a separate $6.50 shipping and handling charge. Unfortunately, we are unable to combine shipping for purchases made on different days.INTERNATIONAL PURCHASES We typically use eBay's Global Shipping, and for about 90% of our international clients, the rate has been averaging around $14. If it's significantly higher, we will generally contact you and let you know. Combined orders receive a quoted rate, and we do not provide free shipping on international orders. Check eligibility due to customs and regulations; international returns are not accepted. ALL UNPAID ORDERS AUTOMATICALLY CANCELED AFTER 5 DAYS Thank you for choosing Bloc Galleries, where your satisfaction is our mission. Feel free to reach out with any questions or concerns; we look forward to serving you! DID YOU SEE CATS LAST NIGHT? In the quiet corners of Bloc Galleries, where history whispers from each collectible, two enigmatic felines hold court. Gertrude, with her elegant white coat, and Pete, 'The Man Cat', in his tuxedo attire, materialize each evening as the sun dips below the horizon. No one knows where they hail from, maybe an alternative universe but their vigilant eyes never miss a detail. At precisely 3:33 AM, under the soft glow of the moon, an extraordinary event unfolds. For a fleeting 15 minutes, they speak. Yes, speak! With articulate English accents, they offer a running commentary on the day's work, sparing no one from their sharp, albeit humorous, observations on our numismatic endeavors. "Another misaligned watermark?" Gertrude would quip, her tail flicking with amusement. Pete, ever the diplomat, might chime in, "Splendid effort on the cataloging, though, truly!" Their critiques, always laced with wit, leave us in chuckles and chagrins alike. But as the clock ticks towards 4:00 AM, their words fade into the ether, and the memory of their eloquence evaporates like mist. By 5:00 AM, they are but silent sentinels once again, and with the first light of dawn, they vanish, leaving behind just a hint of their presence in photos they've graced. Legend now has it that Gertrude and Pete are the guardians of good fortune at Bloc Galleries. They watch over the collections, ensuring each piece carries with it a sprinkle of their mystical charm. For those who happen upon their image nestled within the listings, take it as a sign: the cats approve, and so may luck favor your bids. They admire the pretty pictures and revel in the grand tales spun by the currencies of old, and in their peculiar way, they extend their good will to all our customers, whispering of fortunes yet to come. If you win this auction and send us a message about the felines will send a special gift from Pete. He always has a great eye
Price: 395 USD
Location: Fargo, North Dakota
End Time: 2024-11-08T18:37:23.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 60 Days
Refund will be given as: Money back or replacement (buyer's choice)
Circulated/Uncirculated: Circulated
Denomination: $100
Type: Banknotes
Year: 1928
Certification Number: 2303923-006
Grade: 25
Country/Region of Manufacture: United States
Certification: PMG