Interesting find at the credit union today...

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Mercury10c
Mercury10c Posts: 2,958
in U.S. Coin Forum
I know it's only worth $5, but it's still neat to find stuff like this still in circulation.
image

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  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    I'm not a currency guy, but I did notice that it says "United States Note" with no reference to Federal Reserve. Could this possibly be one of the limited notes ordered up and printed by JFK when he tried to shut down the Federal Reserve (ironically, just before his death).

    Executive Order 11110

    You just might have something there. From the above linked consipiracy theory:
    "A number of "Kennedy bills" were indeed issued - the author has a five dollar bill in his possession with the heading "United States Note" - but were quickly withdrawn after Kennedy's death."

    Could easily be worth more than $5. Check with the guys on the currency forum and report back to us.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • Mercury10c
    Mercury10c Posts: 2,958
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    Sweet! Do you think it's too early to tell my boss to go f herself?
  • lathmach
    lathmach Posts: 4,720 ✭
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    No derryb.
    When I was a teen in the mid 50s, these were pretty common along with the silver certificates and National Bank notes.
    What wasn't seen often was low denomination Federal Reserve notes.
    I think the tough economy is bringing this stuff out.

    Ray
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    << <i>Sweet! Do you think it's too early to tell my boss to go f herself? >>


    Did you get your Christmas turkey yet? Might want to wait.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • MsMorrisine
    MsMorrisine Posts: 40,036 ✭✭✭✭✭
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    google is your friend
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • robkool
    robkool Posts: 5,934 ✭✭✭✭✭
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    Kool find... Notes like these are immediately destroyed at the Federal Reserve branches.
    Ebay items for sale Current BIN's / The Kingdom Collection
  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
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    <<Interesting find at the credit union today>>

    Shoot, I thought you may have actually found credit at the credit union............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    << <i><<Interesting find at the credit union today>>

    Shoot, I thought you may have actually found credit at the credit union............MJ >>


    image

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • ambro51
    ambro51 Posts: 14,471 ✭✭✭✭✭
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    Fun to find an $5 US note.....REAL FUN to find one of the $100 US notes!!
  • Mercury10c
    Mercury10c Posts: 2,958
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    Some months ago I actually found a $50, but it was old and ragged, and I don't collect currency
    and didn't want to tie $50 up in something that I don't really want, so I let it go. Was that a bad
    idea?
  • coindeuce
    coindeuce Posts: 13,526 ✭✭✭✭✭
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    << <i>Some months ago I actually found a $50, but it was old and ragged, and I don't collect currency
    and didn't want to tie $50 up in something that I don't really want, so I let it go. Was that a bad
    idea? >>



    Try asking the U.S and World currency forum. That's their domain.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • ProofArtworkonCircs
    ProofArtworkonCircs Posts: 4,223 ✭
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    A lot of misinformation has been quoted here.
    Silver certificates were issued against practically the whole supply of US silver before Kennedy. All one dollar notes were silver certificates in those days.
    United States Notes were a mere drop in the bucket, although I am surprised they eliminated them.
  • dbcoin
    dbcoin Posts: 2,200 ✭✭
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    article on this note

    from kitco
  • ambro51
    ambro51 Posts: 14,471 ✭✭✭✭✭
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    Through the miracle of "cut and paste" a little more info on the "united states note"


    Over time, United States Notes became an increasingly minor part of United States currency, and the large notes conservatively reflected designs of Civil War currency, as can still be seen in the Series 1917 $1 [reverse] and $2 [reverse]. By 1910, U.S. Notes only accounted for a tenth of all currency, and by 1960 for only a hundreth. Thus, this form of currency came to be considered a nuisance. In 1966 it was decided to discontinue current issues ($2 in 1966 and $5 in 1968) and to simply concentrate on satisfying the law of 1878 with a new $100 note issue. Few of these, however, made their way to the public. The Treasury adopted the practice of moving notes into a certain room where they were regarded de jure as being in circulation. By the 1990's, when U.S. Notes would count for less than a thousanth of U.S. currency, it was considered about time to end this farcical, dishonest procedure, and Congress finally eliminated the statutory requirement that the Treasury issue them.

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