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United States Small-size Notes

Small-size notes were introduced in 1929, and have until the last few years had the same design since then. Various minor changes have been made over the years. In general, design changes have resulted in a new year being printed on the note (e.g. series 1963, which was the year on all notes until series 1969 was introduced) while changing signatures have resulted in a letter being appended or changed. E.g. 1963, 1963-A and 1963-B are three different signature combinations with the same design. Some design changes, e.g. introducing the motto "In God we trust", did not result in any change in year or letter.

As will be seen from the table below, collecting a full set of denominations will be a costly task for most small-time collectors:
Table of United States Small-size Currency
Denomination
Portrait (presidential no in paranthesis)
Front
(click image to get full-sized image)
Back
(click image to get full-sized image)
1
George Washington (1st)
2
Thomas Jefferson (3rd)
5
Abraham Lincoln (16th)
10
Alexander Hamilton (-)
20
Andrew Jackson (7th)
   
50
Ulysses S. Grant (18th)
   
100
Benjamin Franklin (-)
   
500
William McKinley (25th)
1,000
Grover Cleveland (22nd, 24th)
 
5,000
James Madison (4th)
   
10,000
Salmon P. Chase (-)
   
100,000
Woodrow Wilson (28th)
These notes were only intended for circulation in transactions between Federal Reserve banks.
   

As seen above, not all "Dead presidents" were presidents.

Production of notes in denominations above 100 dollars was discontinued in 1969. Such notes are withdrawn from circulation when they reach a bank.

The small-size notes have been issued as a number of types of notes, the type indicating who is the debtor and/or what secures the value of the note:

In addition special notes have been issued for use in Hawaii and in Northern Africa during WWII.

Table of note type and denomination for US small size notes
Type of note/Denomination 1 2 5 10 20 50 100 500 1000 5000 10000 100000
Federal Reserve Notes
Y
Y
Y
Y
Y
Y
Y
Y
Y
  - Hawaii Federal Reserve Notes
Y
Y
Y
Federal Reserve Bank Notes
Y
Y
Y
Y
Y
United States Notes
Y
Y
Y
Y
Silver Certificates
Y
Y
Y
  - Hawaii Silver Certificates
Y
  - North Africa Silver Certificates
Y
Y
Y
  - Experimental issues
Y
Gold Certificates
Y
Y
Y
Y
Y
Y
Y
National Bank Notes
Y
Y
Y
Y
Y

Y = Such a note has been issued
Blank = No such note has been issued

Replacement notes - at least this goes for Federal Reserve notes and Federal Reserve Bank notes - are distinguished by a star as suffix in the note number.

The overall design of the notes are similar, irrespective of the type of note, with one notable exception, the 2-dollar note.

2005 Blackbook Price Guide to United States Paper Money (37th edition) is a necessary investment for anyone seriously collecting US notes, with updated market prices for most US notes.



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