April 12, 2024
TT 1918 $5 FRBN CLEVELAND FR 785, SER # 600 PCGS 64 PPQ
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TT 1918 $5 FRBN CLEVELAND FR 785, SER # 600 PCGS 64 PPQ 1918 $5 Federal Reserve Bank Note Cleveland, OH displaying LOW serial# D600A, with the signatures of Teehee and Burke. Plate# D1/8. Fantastic centering with deep vivid color and fresh appeal! Premium Paper Quality (PPQ) 64 by PCGS! Incredible find! A large size note with a low serial number and in high grade 64 PPQ! A collectors dream. Federal Reserve bank notes were United States currency banknotes issued by individual Federal Reserve banks. They were based upon the earlier National Bank Notes. They differed from Federal Reserve notes in that they could only be redeemed at the Federal Reserve bank that issued them. Federal Reserve notes could be redeemed at any Federal Reserve bank. These notes were issued in 1933 during the Great Depression. Their creation came about as a result of the public hoarding cash because of the many bank failures happening at the time. They were phased out within 2 years, but served their purpose dutifully. They have brown seals and serial numbers; their reverses were the same as all other small sized notes of that day. Please view our other on FIRE Ebay auctions. If there is something specific you need, please contact us by email or by calling. Enjoy!111609atxistkslc Trusted Traditions 275 Commercial Blvd - Suite 275Lauderdale by the Sea, Florida
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