With their unique designs and vintage appeal, large-format notes are an exciting option for paper currency collectors. Starting in 1915, the United States began issuing large-sized Federal Reserve Bank Notes in denominations ranging from $5 to $20. Then in 1918, the $1 denomination was added to replace silver certificates that had been removed from circulation following the Pittman Act. Today, you have the chance to get 1918 $1 Federal Reserve Bank Notes in Very Fine condition online from Provident Metals.

Note Highlights:

• Ships to you in a plastic currency sleeve from PMG!
• 1^st one-dollar Federal Reserve Bank Note!
• Iconic large-format currency!
• Bears a face value of $1 (USD) backed by the United States.
• Features a grade of Very Fine 30 from the Paper Money Guaranty.
• The obverse field depicts George Washington.
• On the reverse side, there is an eagle flying with a flag.

All 1918 Federal Reserve Bank Notes in this online Provident Metals listing will arrive to you in certified condition. Graded by the Paper Money Guaranty, these notes received a score of Very Fine 30. This means that light signs of circulation and minor soiling may be present on the surface. PMG estimates that there will be anywhere from seven to ten folds on these notes as well. Upon arrival, you will find your note housed in a PMG currency sleeve that includes a label with the official grading information.

Obverse

On the obverse of $1 Federal Reserve Bank Notes there is a portrait of George Washington. This design is situated on the left side of the note. You will also find signatures of the US Treasurer and the Secretary of the Treasury on the obverse. The serial number is shown twice and the Treasury seal is found on the right in blue ink. In the center of the note there is text reading The Federal Reserve Bank of Chicago Illinois Will Pay to the Bearer on Demand One Dollar.

Reverse

The reverse side of these Federal Reserve Bank Notes features a bald eagle carrying an American flag. The eagle has its majestic wings spread wide as it soars towards the right. Additional information on the reverse includes the denomination in numerical form in each corner and text that reads One Dollar, National Currency Federal Reserve Bank Note.

History

Federal Reserve Bank Notes were printed by the United States from 1915 until 1934. These notes are similar to the common Federal Reserve Note but for the fact that they are only backed by the reserve branch that issued them. Federal Reserve Notes in contrast are backed by all 12 branches together.

Ordering

Provident Metals can assist you with any questions. Our customer service team is available at 800-313-3315, online using our live chat, and through our email address.