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- Product ID: 24858
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The 1929 $100 Federal Reserve Note from Richmond, Virginia, in Good to Very Good (G-VG) condition, represents a piece of American monetary history that reflects the evolution of the nation's currency system during the early 20th century. Issued by the Federal Reserve System, this denomination played a vital role in facilitating financial transactions and supporting the economy during a period of significant economic change and development.
The design of the 1929 $100 Federal Reserve Note is emblematic of the era, featuring intricate engraving and iconic American imagery. On the obverse side of the note, a portrait of Benjamin Franklin, one of the Founding Fathers of the United States, is prominently displayed. Surrounding Franklin's portrait are ornate scrollwork and decorative elements, adding to the note's aesthetic appeal.
The reverse side of the note showcases various vignettes and symbols representing American industry, agriculture, and commerce. These designs serve to highlight the nation's economic prowess and the diverse range of industries that contributed to its growth and prosperity during this period.
Produced by the Bureau of Engraving and Printing, the 1929 $100 Federal Reserve Note was printed using advanced intaglio printing techniques, allowing for the creation of intricate and detailed designs. The note also incorporates various security features, such as watermarks, security threads, and color-shifting ink, to deter counterfeiting and ensure its authenticity.
Exact mintage figures for individual Federal Reserve Notes are not readily available, as these notes were produced in large quantities over several years. However, the 1929 series of $100 Federal Reserve Notes is considered relatively common compared to earlier issues, owing to the widespread circulation of these notes during their time in use.
In terms of condition, this 1929 $100 Federal Reserve Note is graded as Good to Very Good (G-VG), indicating that it exhibits moderate wear consistent with its age and circulation. While some signs of handling and use may be present, the overall integrity and appearance of the note remain intact. Collectors often prize notes in this condition for their historical significance and affordability.
Despite its age and circulation, the 1929 $100 Federal Reserve Note from Richmond, Virginia, remains a highly collectible and historically significant piece of American currency. Whether as a standalone collectible or as part of a broader numismatic collection, this note serves as a tangible reminder of the nation's economic heritage and the enduring legacy of its currency system.