1929 $5 National Note F-VF Philadelphia PA

Qty	Wire/Check	Bitcoin	CC/PayPal
Any	$49.00	$49.49	$50.96

The 1929 $5 Federal Reserve Note from Philadelphia, PA, in Fine to Very Fine (F-VF) condition, represents a significant piece of American monetary history, encapsulating the era of small-size national currency. These notes were essential components of the U.S. financial system and hold considerable value for collectors due to their historical context, distinctive design, and the legacy of the Great Depression period. Preserved in F-VF condition, the 1929 series remains a treasured artifact for enthusiasts of American currency.

The history of the $5 Federal Reserve Note dates back to the establishment of the Federal Reserve System in 1913, which aimed to provide the United States with a more stable and secure monetary system. The 1929 series is particularly notable for being part of the transition to smaller-sized notes, which began in 1928. These smaller notes were introduced to reduce production costs and make the currency more convenient for everyday use. The 1929 series notes were issued during a time of economic turmoil, reflecting the challenges and resilience of the American economy during the Great Depression.

The design of the 1929 $5 Federal Reserve Note is both practical 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, flanked by intricate scrollwork and security features designed to prevent counterfeiting. The surrounding design elements include the Federal Reserve seal, the Treasury seal, and the serial numbers, which are printed in dark ink to contrast with the light background of the note.

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 1929 $5 Federal Reserve 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 1929 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 1929 $5 Federal Reserve Note involved the production of millions of notes to ensure sufficient supply for the economy. Each note was issued by one of the twelve Federal Reserve Banks, with the Philadelphia, PA, note being part of this broader issuance. 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 F-VF condition indicates that the note has experienced moderate wear, including creases, folds, and possible minor tears, but it remains an important piece of history.

The condition of the 1929 $5 Federal Reserve Note from Philadelphia, PA, in Fine to Very Fine (F-VF) grade reflects its extensive circulation. In this grade, the note shows considerable wear, with visible creases, folds, and possible minor tears or stains. The paper may have softened from handling, and the colors may have faded slightly. Despite these signs of wear, the note’s main design elements, such as Lincoln's portrait and the Lincoln Memorial, remain recognizable. Collectors value these notes for their historical significance, even when they are not in pristine condition.