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<p>[QUOTE="bzcollektor, post: 182277, member: 3241"]Hi RikieB</p><p><br /></p><p> I apoligize for not posting a pic of my CU $100 FRBN. I said I would a few months ago.</p><p> </p><p> I believe the Brown Seal FRBN`s are the most underated of all small size notes. As you may know, the FRBN`s were issued in late March 1933 in response to the banking, currency and GOLD crisis of1933.</p><p><br /></p><p> Of course we all know gold was recalled, and private ownership of gold coins was outlawed by President Roosevelt in 1933.</p><p><br /></p><p> The Federal Reserve Notes of 1928 (Green Seal) series contained the payment clause "payable in gold". I beleive the reason for the (Brown Seal) FRBN`s (series 1929), issued in March 1933, was to bypass this gold clause in the green seal FRN`s of the several series of1928 FRN`in circulation. The next Series of Federal Reserve Notes was 1934. No payment clause tied to gold or silver.</p><p><br /></p><p> The Brown Seal FRNB`s of Series 1929 were the precursor of our modern day Federal Reserve Notes.</p><p>The 1934 and 1950 series FRN`s were "payable in lawful money"</p><p><br /></p><p> HMMMMMM</p><p><br /></p><p> What was (is) lawful money???</p><p><br /></p><p> Series 1963 and beyond FRN`s are payable in nothing. No such thing as a tangible asset payable in gold or silver or "lawful money"</p><p><br /></p><p> Our current currency is worth nothing more than the the fact that we all agree a dollar is worth a dollar. </p><p><br /></p><p> Only trouble is the Chinese and the Euro and a barrel of oil now decide what is a dollar.</p><p><br /></p><p> Go for the NY series of Notes!!!!!!!!</p><p><br /></p><p>It would be a great collection of notes to get all NY notes and stars!!!!!![/QUOTE]</p><p><br /></p>
[QUOTE="bzcollektor, post: 182277, member: 3241"]Hi RikieB I apoligize for not posting a pic of my CU $100 FRBN. I said I would a few months ago. I believe the Brown Seal FRBN`s are the most underated of all small size notes. As you may know, the FRBN`s were issued in late March 1933 in response to the banking, currency and GOLD crisis of1933. Of course we all know gold was recalled, and private ownership of gold coins was outlawed by President Roosevelt in 1933. The Federal Reserve Notes of 1928 (Green Seal) series contained the payment clause "payable in gold". I beleive the reason for the (Brown Seal) FRBN`s (series 1929), issued in March 1933, was to bypass this gold clause in the green seal FRN`s of the several series of1928 FRN`in circulation. The next Series of Federal Reserve Notes was 1934. No payment clause tied to gold or silver. The Brown Seal FRNB`s of Series 1929 were the precursor of our modern day Federal Reserve Notes. The 1934 and 1950 series FRN`s were "payable in lawful money" HMMMMMM What was (is) lawful money??? Series 1963 and beyond FRN`s are payable in nothing. No such thing as a tangible asset payable in gold or silver or "lawful money" Our current currency is worth nothing more than the the fact that we all agree a dollar is worth a dollar. Only trouble is the Chinese and the Euro and a barrel of oil now decide what is a dollar. Go for the NY series of Notes!!!!!!!! It would be a great collection of notes to get all NY notes and stars!!!!!![/QUOTE]
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