1928B $10 Federal Reserve Note VG-F

Qty	Wire/Check	Bitcoin	CC/PayPal
Any	$24.50	$24.75	$25.48

The 1928B $10 Federal Reserve Note is a notable piece of U.S. currency, especially for collectors of vintage paper money. Issued during the period between the end of World War I and the start of the Great Depression, this note reflects the economic and political climate of the late 1920s. The 1928 series marked the first year that the U.S. Treasury adopted a smaller size for paper currency, a change that would last until the present day. The "B" in the 1928B designation refers to the series of the note, which was issued with the signatures of Treasury Secretary Andrew W. Mellon and Treasurer of the United States Henry Morgenthau Jr. This series was a key part of the U.S. government's efforts to modernize and streamline the design of its currency, and the 1928B $10 bill is often sought after for both its historical importance and its distinctive features that mark the era.

The design of the 1928B $10 Federal Reserve Note is consistent with the aesthetic changes introduced in the 1928 series. The obverse of the note features a portrait of Alexander Hamilton, who was one of the most influential figures in the formation of the U.S. financial system. Hamilton’s likeness, which had been featured on $10 bills for many years, continues to serve as a symbol of America’s fiscal strength and governance. His portrait on the bill is surrounded by the words "THE UNITED STATES OF AMERICA," with "TEN DOLLARS" prominently displayed at the top and bottom. The note also includes the series year "1928B" and the signatures of Mellon and Morgenthau, indicating the officials responsible for the note’s release. The reverse of the 1928B $10 bill features the distinctive U.S. Treasury Building at the center, along with the words "FEDERAL RESERVE NOTE" and "TEN DOLLARS." The use of a simple yet striking design was a departure from earlier, more intricate notes, reflecting a move toward clarity and efficiency in the design of U.S. currency.

The 1928B $10 Federal Reserve Note was produced by the Bureau of Engraving and Printing, which is responsible for the design, engraving, and printing of U.S. paper money. The Bureau has a long history of creating high-quality currency and was tasked with producing notes that would be both secure and aesthetically pleasing. The 1928B $10 notes were printed on cotton and linen paper, a material used in all U.S. currency at the time. These notes were printed in large quantities to meet the financial needs of the nation during a time of economic prosperity, just before the Great Depression struck in 1929. While the mintage figures for the 1928B $10 note were high, the note's eventual rarity and value as a collectible are largely due to its age and the passage of time, as well as the fact that many of these notes were heavily circulated during their lifespan.

The mintage of the 1928B $10 Federal Reserve Note was substantial, but the notes were circulated extensively, which contributes to their relative scarcity in higher grades. The note was issued in large quantities to meet the demand for currency in the economy at the time. However, due to the high circulation rate, many examples of the 1928B $10 bill show signs of wear, with creases, folds, and discoloration being common. The 1928B $10 bill was used extensively throughout the United States and was often handled by businesses, banks, and individuals. As a result, surviving examples in pristine condition are rare and highly prized by collectors. The coin’s condition can play a significant role in determining its value, with uncirculated or lightly circulated notes commanding significantly higher prices than those with more severe signs of wear and tear.

The condition of the 1928B $10 Federal Reserve Note is essential when determining its value in the numismatic market. Notes that are graded in the VG (Very Good) to F (Fine) range are typically more affordable and accessible to a broader group of collectors, as they show signs of significant circulation but still retain much of their original design and integrity. A VG-F graded note, for example, may display noticeable wear, creases, or folds, but the major elements of the design, such as Hamilton’s portrait and the Treasury Building, remain clearly visible. A note in VG-F condition may exhibit some discoloration or ink fading but will generally still be recognizable and collectible. Collectors typically look for notes that retain their visual appeal despite the passage of time, as the wear on these notes adds character and history to the currency, while still maintaining its intrinsic value as a collectible. Notes in this condition are often sought after for their historical significance, especially considering the considerable age of the 1928B $10 note.

The 1928B $10 Federal Reserve Note holds a special place in American currency history, as it was part of the first series of notes to be issued in the smaller size that is still used today. This was a significant development in U.S. paper currency, marking a shift toward a more modern, streamlined design that would become standard in future issues. The note is an important reminder of the U.S. government's efforts to evolve and adapt its currency in the 20th century, particularly in response to the economic challenges of the time. The 1928B series was issued during a period of relative prosperity, yet the U.S. was on the cusp of the Great Depression, which would dramatically reshape the nation’s economy and financial systems. The note's design, featuring Hamilton’s portrait and the Treasury Building, also reflects the country’s ongoing commitment to financial stability and governance, even in the face of economic uncertainty.

The 1928B $10 Federal Reserve Note is valuable not only for its historical significance but also for its connection to the broader story of the U.S. financial system. The note was issued during a time when the Federal Reserve System was gaining in prominence as the central bank of the United States, with greater responsibility for managing the nation's currency and monetary policy. The note reflects the increasing importance of the Federal Reserve in the financial life of the country, marking a critical moment in the development of American banking and economic governance. As such, the 1928B $10 bill serves as a tangible reminder of the growth of the U.S. banking system and the role of the Treasury in supporting the nation’s currency.

For investors, the 1928B $10 Federal Reserve Note offers a unique opportunity to acquire a piece of U.S. financial history, with potential for long-term appreciation. While the note is not inherently valuable because of its face value, its status as a historical artifact and its limited availability in high grades make it an attractive option for those interested in investing in vintage U.S. currency. The note’s potential for appreciation lies not only in its rarity and historical context but also in its status as a collectible item that may continue to increase in value as fewer examples remain in good condition. Over time, as the number of well-preserved 1928B $10 bills diminishes, the note will likely become increasingly sought after by collectors and investors interested in owning a piece of the nation’s financial heritage.

Collectors of U.S. paper money, particularly those focused on Federal Reserve Notes, will find the 1928B $10 Federal Reserve Note to be an important addition to their collections. The note’s design, historical context, and connection to the evolution of U.S. currency make it an essential piece for any collector focused on the development of American paper money. The 1928B $10 bill is particularly valuable for those who specialize in Depression-era currency or in Federal Reserve Notes, as it marks an important transition in the nation’s financial history. As with all collectible currency, the 1928B $10 Federal Reserve Note’s condition plays a crucial role in determining its desirability and value in the marketplace, with higher-grade notes commanding premium prices.

In conclusion, the 1928B $10 Federal Reserve Note is a valuable and historically significant piece of U.S. currency. Issued during a transitional period in American financial history, it reflects the evolution of the nation’s monetary system and its increasing reliance on the Federal Reserve. The note’s design, featuring Hamilton’s portrait and the U.S. Treasury Building, captures the essence of the country’s commitment to financial stability. While notes in VG-F condition show signs of wear and use, they remain collectible and significant due to their rarity and the historical context in which they were issued. As a collectible item, the 1928B $10 Federal Reserve Note continues to hold both historical and financial value, making it an important piece for collectors and investors alike.