Introduction to the US $5000 FRN 1928 FR 2220G
The US $5000 Federal Reserve Note (FRN) from 1928, designated as FR 2220G, is a highly sought-after piece among collectors and numismatists. This rare currency note represents a significant part of the United States monetary history, reflecting both the economic conditions of the time and the art of currency printing.
Historical Context and Significance
The 1928 series of US $5000 Federal Reserve Notes were issued during a period of economic transition following World War I and leading into the Great Depression. The designation ‘FR 2220G’ refers to the specific cataloging number assigned to this series and type of note. These notes were primarily used for large financial transactions and were rarely seen in everyday commerce, contributing to their rarity today.
Design and Features
The US $5000 FRN 1928 FR 2220G features the portrait of James Madison, the fourth President of the United States, on the obverse side. The intricate design and detailed engraving exemplify the craftsmanship of early 20th-century currency production. The reverse side showcases an elaborate layout that includes the denomination in large numerals, surrounded by intricate scrollwork and the seal of the Treasury Department. One of the distinguishing features of this note is its bold green color, which was standard for US currency at the time.
Collectibility and Value
The scarcity of the US $5000 FRN 1928 FR 2220G makes it a prized possession for currency collectors. Its value can vary significantly based on the note’s condition, with pristine examples fetching higher prices. As one of the highest denominations ever issued by the United States, it holds a unique place in the history of American currency. Collectors are advised to verify the authenticity of these notes through reputable sources due to the potential for counterfeits.
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