The Friedbergs, in A Guide Book of United States Paper Money, at the bottom of page 162, say there is a slightly different wording in the obligation statements between $10 Series 1950,A,B,C and Series 1950-D,E. (Fr#2010,11,12,13 - Fr#2014,15). I have a CU 1950 and a CU 1950-D and I can't for the life of me see any difference. I've scanned both notes, blown up the statements, put 'em side-by-side and still don't see it. Anyone care to check it out and comment?
The book is wrong. All 1950 series FRNs have an identical obligation, which is the same obligation used on all 1934 series FRNs. The obligation did not change until the Series of 1963, when the Treasury simplified it by removing the references to redeeming the notes at the Treasury or any Federal Reserve Bank.
I thought I was going crazy, or blind. I studied periods to see if they were commas, and commas to see if they were periods! Thanks, Jamericon, for putting it to rest.
...but Jamericon, you are only partly right. The 28's and 34's had 4-line obligations, the 50's had 3-lines, and then with the 63's the oblig. went to 2 lines. But I guess I'm satisfied that there isn't any difference between a 50,A,B,C oblig and a 50-D,E. Thanks for replying.
Whoa!, The 1928 wording is quite different. It says redeemable in GOLD and does not mention legal tender. Has anybody noticed a change elsewhere in wording on the 1934 B series? There is one.
Oh...my mistake. Yes, the clauses on the 1928s were very different, and obliged the Treasury to redeem the notes in gold. I was correct in my first post, but included it by error in my second. "Has anybody noticed a change elsewhere in the wording on the 1934 B series?" Are you referring to Series of 1934B notes? Differences in wording? Where?
Starting with the 1934B series of Federal Reserve Notes, the title of the bank within the Federal Reserve Bank seal drops "THE". It was many years before I noticed it. Now I wonder why they bothered to make that change in the middle of World War II.
Great information being exchanged here . Nice to see threads like this instead of someone trashing another collector. Thanks guys. & Gals.
