1929 $50 FEDERAL RESERVE BANK NOTE KANSAS CITY FR.1880-J PMG XF40 EPQ

Description: 1929 $50 Federal Reserve Bank Note Kansas City – Fr. 1880-J – PMG XF40 EPQ This $50 Federal Reserve Bank Note from Kansas City, issued in 1929, carries immense historical significance, as it was printed during the onset of the Great Depression. Graded Extremely Fine 40 EPQ (Exceptional Paper Quality) by PMG, this note is a well-preserved example of a series that marks a critical era in American banking history. The Series of 1929 notes were printed during a time of economic uncertainty, following the stock market crash of 1929. As banks struggled and failed across the country, the demand for currency skyrocketed, leading to the widespread issuance of Federal Reserve Bank Notes. These notes, however, were printed in limited quantities, making surviving examples like this one increasingly scarce. The obverse features a portrait of Ulysses S. Grant, symbolizing strength during a tumultuous period in U.S. history, while the reverse depicts the U.S. Capitol building. The smaller, distinct size and intricate design of this series reflect the economic conditions of the time, as the government moved towards smaller currency notes to reduce printing costs. Despite being over 90 years old, this note retains strong original paper quality, as denoted by the EPQ designation, and shows only light signs of circulation. This combination of historical relevance, rarity, and preservation makes it a valuable and collectible piece. This listing is for the exact note pictured and in the condition photographed. Explore more rare and collectible banknotes and coins at Vierk's Eclectic Collection eBay store! Click here to browse more items.

Price: 549.99 USD

Location: Lafayette, Indiana

End Time: 2024-11-07T16:58:03.000Z

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