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The 2001 $5 Federal Reserve Note graded UNC68 by CGA (Currency Grading and Authentication) is a superbly preserved example of a modern U.S. small-size banknote. Issued as part of the Series 2001 print run, this note features the traditional design elements of the pre-colorized era and reflects the transitional period just prior to major aesthetic and security redesigns introduced in the mid-2000s. In a remarkably high grade of UNC68, this note exhibits virtually flawless paper quality, razor-sharp printing, and nearly perfect centering—placing it well within the upper tier of collectible modern $5 issues.
The Series 2001 $5 Federal Reserve Note was authorized during the tenure of Treasury Secretary Paul H. O’Neill and Treasurer Rosario Marin, whose printed signatures appear at the bottom of the note. This series marked one of the final uses of the classic small-head portrait design before the introduction of new security-enhanced versions in 2006. These notes were printed at the Bureau of Engraving and Printing’s facilities in Washington, D.C. and Fort Worth, with specific notes bearing a small “FW” for Fort Worth. In UNC68, this note maintains all features in pristine condition, with vibrant color, well-aligned margins, and unbroken surface texture.
The obverse of the note displays a portrait of Abraham Lincoln based on the 1864 photograph by Anthony Berger, engraved by Christopher Madden. Lincoln is framed by a neoclassical border with the word “FEDERAL RESERVE NOTE” at the top and the note’s serial numbers, Treasury seal, and Federal Reserve district identifier printed in green and black. The layout includes a large “5” in each corner and anti-counterfeit microprinting in key design areas. In a 68-graded note, these elements are perfectly rendered, free of smears or ink spread, and all microtext and fine lines are distinctly visible under magnification.
The reverse features the Lincoln Memorial, based on the design by Bureau engraver Theodore DeVoss. “THE UNITED STATES OF AMERICA” appears boldly across the top, with “IN GOD WE TRUST” centered above the building’s roofline. “FIVE DOLLARS” and a large numeral “5” are printed at the bottom. The structure is depicted with fine architectural detail, including the statue of Lincoln seated inside. At the UNC68 level, the reverse is impressively sharp, showing strong contrast, even in the delicate lines of the columns and inscriptions on the frieze.
Graded by CGA as UNC68, this note is at the top of the uncirculated scale, surpassed only by rare 69 or 70 specimens, which are seldom seen even in modern issues. CGA's 68 grade indicates near-perfect centering, flawless registration, original crispness, and no folds, bends, or handling marks. The paper is bright white with vibrant ink and embossing, retaining the note’s original texture and “snap.” While CGA's standards have varied slightly over the years, a note in this grade is typically considered investment quality within the modern currency collecting community.
The 2001 series was widely issued, with billions of $5 notes printed for general circulation. However, notes of this series are rarely preserved in such high uncirculated grades. Most entered circulation and suffered the usual wear from folding, handling, and cashier use. Finding a note in true Choice or Superb Uncirculated condition—let alone with a 68 numeric grade—means the note was carefully set aside shortly after printing, likely pulled directly from a fresh strap or pack and stored in a protective environment since.
Collectors of modern small-size U.S. currency prize high-grade Federal Reserve Notes, particularly those with strong centering, full margins, and perfect print alignment. The 2001 $5 note appeals to those building high-grade district sets, denomination type sets, or modern note registries. The CGA holder provides authentication, numerical assessment, and long-term preservation, ensuring the note’s integrity while protecting it from environmental and physical damage.
Although this series lacks the modern colorization and enhanced security features like watermarks, security threads, and color-shifting inks found on newer notes, it remains significant for its place in U.S. currency evolution. The 2001 $5 note is the last series issued before the Treasury began rethinking design for anti-counterfeiting measures post-9/11. It represents the final chapter of the long-standing “small head” series design used since 1929.
In terms of market value, notes in UNC68 from this series can command solid premiums over face value, especially if the serial number, Federal Reserve district, or printing location holds specific collector appeal. Fancy serial numbers (e.g., low, radar, repeater) or rarer districts such as Minneapolis or San Francisco can further enhance desirability. While this note is not a silver certificate or star note, its condition places it in a superior class of modern banknotes suitable for top-tier portfolios.
The Certified 2001 $5 Federal Reserve Note in CGA UNC68 offers a pristine example of early 21st-century U.S. currency, embodying classical American design, perfect preservation, and collectibility. With its high grade, sharp engraving, and clean aesthetics, this note serves as an exceptional addition to a modern U.S. currency set or a standout single-piece display. As time passes and circulated examples degrade, high-grade certified notes like this one will only become more desirable to collectors seeking excellence in American paper money.