1918 $1 Federal Reserve Notes Chicago (PMG 30, Very Fine) - Silver.com™
Gold: $1936.60 0.00
Silver: $23.83 0.00
0

1918 $1 Federal Reserve Bank Notes Chicago (PMG 30, Very Fine)

Sell to Us Price: Call Us

Call us at 1-866-898-4805 or email us at buybacks@silver.com to receive custom bid pricing for this item. Note that buybacks are subject to $1,000 minimums as well as possible maximums depending on inventory positions, and require verbal confirmation via phone.

Between 1915 and 1934, the United States issued Federal Reserve Bank Notes in addition to its other circulating paper currency. These notes were backed by just one of the 12 Federal Reserve banks instead of all of them as a whole. In this listing, you will find a $1 FRBN backed by the Chicago branch that has been officially certified by the Paper Money Guaranty. Right now, Very Fine 1918 $1 Federal Reserve Bank Notes are available to purchase online at Silver.com.

Note Highlights:

  • Arrives in a protective currency sleeve from PMG!
  • First series of $1 Federal Reserve Bank Notes!
  • Vintage large format note!
  • Issued a face value of $1 (USD) by the United States government.
  • Bears a grade of Very Fine 30 from the Paper Money Guaranty.
  • A portrait of George Washington is found on the obverse.
  • A flying bald eagle is featured in the reverse design.

Each of these $1 Federal Reserve Bank Notes was sent to the Paper Money Guaranty for grading. PMG was founded in 2005 and is one of the world’s leading third-party currency grading companies. With a grade of Very Fine 30, you can expect light soiling and roughly 7 to 10 folds. These notes will arrive to you in protective currency sleeves that include a label bearing the official certification details.

Following the Pittman Act of 1918, The United States added emergency Federal Reserve Bank Notes to their currency production. These included $1, $2, and $50 denominations. This was because, under the act of 1918, silver certificates were temporarily taken out of circulation. The 1918 Series was the only time $1 Federal Reserve Bank Notes were issued, as the denomination was left out of the updated small-size 1929 Series.

A portrait of George Washington is found on the obverse of 1918 Federal Reserve Bank Notes. Washington is featured on the far-left side, while in the middle there is text reading The Federal Reserve Bank of Chicago Illinois Will Pay to the Bearer on Demand One Dollar. Additional obverse information includes the serial number shown twice, a blue Treasury seal, and the signatures of the Treasurer and Secretary of the Treasury.

A flying bald eagle is featured on the reverse of these Federal Reserve Bank Notes. The standout feature of the reverse, this image captures the bird as it flies right with the American flag held in its talons. Also on the reverse is the denomination shown numerically in the corners and text reading One Dollar, National Currency Federal Reserve Bank Note.

If you have questions, Silver.com customer service is here to help. Our team is available on the phone at 888-989-7223, online through our live chat, and via our email address.

Additional information

Weight 1.00000 oz

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Year: 1918

Mint Mark: Not Shown

Manufacturer: US Mint

Thickness: 0.1 mm

Condition: Very Fine 

Face Value: $1

Issuing Country:  United States

Edge Design: Smooth

Packaging Type: PMG Certified Sleeve

Dimensions: 156 x 66 x 0.1 mm

Images shown are examples only. Actual item appearance is subject to change, but will always correlate with title and description. 

Lowest Price: $0

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If your order ships Base Shipping with Tracking (Our Choice - USPS or UPS), it typically will be received within 2-4 business days, depending on your delivery address. Unfortunately, we cannot gurantee delivery

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