When the 1914 Series of Federal Reserve Notes debuted, it marked the first release of the modern form of paper currency used in the United States and the last time American notes were issued in this particular format. 1914 Series and 1918 Series Federal Reserve Notes were printed in a larger format than all bills printed from 1929 onward and bore reverse designs that were much more artistic than those now featured on American bills. Now, Fine + 1914 $50 Federal Reserve Notes are available to you for purchase online at Silver.com.
Note Highlights:
- Notes ship to you inside protective currency sleeves!
- First available $50 Federal Reserve Note!
- One-of-a-kind reverse imagery no longer used on the note!
- Issued a face value of $50 (USD) by the United States.
- President Ulysses S. Grant is on the obverse.
- The female allegory of Panama stands on the isthmus as a commercial ship and battleship approach.
- Please bear in mind you may receive notes with red or blue ink on the serial numbers and US Treasury seals, as well as different Federal Reserve Bank branch seals if you buy more than one.
The Federal Reserve Act of 1913 created the Federal Reserve and paved the way for two modern forms of paper money. The Federal Reserve Bank Notes were introduced in 1915 and available until 1934. The Federal Reserve Notes were introduced in 1914 and 1918 with a large-sized format no longer in use.
In 1929, the Federal Reserve Note was introduced with a new small-sized format that is effectively the same size as the modern bills in the pockets of Americans. While the obverse of the 1914 and 1918 Series Federal Reserve Notes had portraits of presidents and other important Americans similar to those still in use today, the reverse of the large-sized notes had artistic vignettes not seen on American notes anymore.
President Ulysses S. Grant features on the obverse of 1914 $50 Federal Reserve Notes. This design remains the foundation for the modern $50 Federal Reserve Note. Ulysses S. Grant used his achievements as the Commanding General of the Union Army in the US Civil War to springboard into politics and later served as 18th President of the United States from 1869 to 1877.
In the artistic vignette on the reverse of 1914 $50 Federal Reserve Notes, you will find the female allegory representing Panama standing astride the isthmus of Panama. The recently completed Panama Canal made transit between America’s East and West Coasts via the sea much faster. In this design, a battleship approaches from the east and a commercial ship from the west.
These 1914 $50 Federal Reserve Notes are available in Fine+ condition and come with plastic currency sleeves. Each one has considerable signs of wear and tear that include the possibility of rounded corners, margin splits, and numerous folds. Please bear in mind that 1914 Series notes were initially printed with red ink on the serial numbers and US Treasury seal, but later transitioned to blue ink. To this day, surviving specimens more commonly have blue ink. Federal Reserve Bank branch seals can vary too. As an example, you may find a 4-D seal representing the Federal Reserve Bank of Cleveland.
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