The release of the $100 Federal Reserve Bank Note was not only the first release of the small-sized Federal Reserve Bank Note, but it was also the first release of the $100 denomination in this series. Backed by individual branches of the Federal Reserve, these bank notes were only available from 1915 to 1934. Today, you have the chance to purchase Very Fine 1929 $100 Federal Reserve Bank Notes online at Provident Metals.

Highlights:

• Arrives with an individual plastic currency sleeve!
• 1^st time $100 Federal Reserve Bank Notes were made available!
• The face value of $100 (USD) was issued by the United States of America.
• On the obverse is Benjamin Franklin.
• The reverse depicts the faade of Independence Hall.
• US Treasury seal and serial numbers printed in brown ink.
• Please keep in mind the notes you receive may have matching or various Federal Reserve bank branch names when you purchase several.

The Federal Reserve Bank Note series was issued in 1915 with $1, $2, $5, $10, $20, and $50 denominations. Designs were developed for a $100 note, but were only ever produced as a proof of concept. The 1915 Series was never issued in the $100 denomination. When the series was reformatted as small-sized notes, the $1 and $2 notes were suspended and the $100 denomination put into production for the first time ever.

Obverse

On the obverse side of 1929 $100 Federal Reserve Bank Notes is an image of Founding Father Benjamin Franklin. An inventor, writer, and early American diplomat, Franklin played a vital role in drumming up support for the American cause of independence. His work in getting the assistance of France was particularly important.

Reverse

The reverse field of the 1929 $100 Federal Reserve Bank Note comes with a depiction of the faade of Independence Hall. The building was the site of some of the most important moments in American history, including the debates and adoption of the Declaration of Independence and the Constitution.

History

Federal Reserve Bank Notes were issued by the United States from 1915 to 1934 with the intention of replacing the National Bank Note Series. However, this never came to pass as both forms of paper notes were halted in the 1930s as the US consolidated its circulating paper currency down the Federal Reserve Notes, United States Notes, and Silver Certificates.

Ordering

1929 $100 Federal Reserve Bank Notes listed here come in Very Fine condition. Notes in this condition have no major detractions, but can come with light to moderate wear and tear, light to mild soiling, and no more than 10 fold lines for those notes in the best condition or numerous fold lines for those notes in average condition in the Very Fine range.

Please keep in mind that the Federal Reserve Bank branch noted on the obverse could vary. Each of the 12 branches issued Federal Reserve Bank Notes, with each one backed by the branch that issued it. These names can vary on the note or notes you receive.

You can contact Provident Metals with any questions. Please contact us at 800-313-3315, chat with us live online, or email us directly.