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- Product ID: 15725
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The 1928F $5 United States Note with a Red Seal in Very Fine to Extremely Fine (VF-XF) condition is an exceptional artifact from American monetary history. These notes, often referred to as "Legal Tender Notes" or "United States Notes," were a critical part of the U.S. currency system and hold significant value for collectors due to their historical context, unique design, and distinctive features. In VF-XF condition, the 1928F series is particularly desirable, preserving much of the note's original detail and appeal.
The history of the $5 United States Note dates back to the early days of the U.S. monetary system. United States Notes were first authorized by the Legal Tender Act of 1862 during the Civil War to provide the government with a means of financing its expenditures. Unlike other forms of currency, United States Notes were backed by the credit of the federal government rather than by gold or silver. The 1928F series marks the continuation of the transition to smaller-sized notes, which began in 1928, reflecting a shift in the design and production of U.S. currency to reduce costs and enhance practicality.
The design of the 1928F $5 United States Note is both functional and emblematic of its time. The obverse features a portrait of Abraham Lincoln, the 16th President of the United States, who is revered for his leadership during the Civil War and his efforts to end slavery. Lincoln’s portrait is centered on the note, surrounded by intricate scrollwork and security features designed to prevent counterfeiting. The surrounding design elements include the red Treasury seal and serial numbers, which distinguish United States Notes from other forms of U.S. currency, such as Federal Reserve Notes.
The reverse of the note depicts the Lincoln Memorial in Washington, D.C., an iconic American landmark dedicated to President Lincoln. The detailed engraving showcases the neoclassical architecture of the memorial, including the famous columns and the steps leading up to the statue of Lincoln. The words "UNITED STATES OF AMERICA" and "FIVE DOLLARS" are prominently displayed, reinforcing the note’s value and origin. The overall design of the note emphasizes the importance of Lincoln’s legacy and the nation's commitment to preserving its history.
The 1928F $5 United States Note was printed by the Bureau of Engraving and Printing (BEP), which is responsible for producing all U.S. paper currency. The BEP utilizes advanced printing techniques and stringent quality control measures to ensure the accuracy and durability of the notes. The printing process involves multiple stages, including the engraving of the plates, the printing of the notes, and the addition of security features. The 1928F series notes were printed at facilities in Washington, D.C., reflecting the BEP’s central role in the production of U.S. currency.
The mintage of the 1928F $5 United States Note involved the production of millions of notes to ensure sufficient supply for the economy. Each note was issued by the U.S. Treasury and was intended to circulate widely. The mintage numbers can vary, but these notes were widely circulated and used in everyday transactions. Finding examples in higher grades can be challenging, as most notes would have seen extensive use. The VF-XF condition indicates that the note has experienced some wear but retains much of its original detail, including sharp engravings and vibrant colors.
The condition of the 1928F $5 United States Note in Very Fine to Extremely Fine (VF-XF) grade reflects moderate circulation. In this grade, the note shows light wear, with minor creases and folds that do not significantly detract from its appearance. The paper remains relatively crisp, and the colors are well-preserved, maintaining the note's overall visual appeal. Despite these signs of wear, the note’s main design elements, such as Lincoln's portrait and the Lincoln Memorial, remain clear and well-defined. Collectors value these notes for their historical significance and aesthetic appeal.