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<p>[QUOTE=&quot;RickieB, post: 1608198, member: 2486&quot;]United States Notes (Red Seals) also known as Legal Tender Notes have been around longer than most others...</p><p>May 3, 1878 an Act of Congress was put into place requiring $346-$347 million be maintained to support the issue.</p><p>The Small Size issues have been in the following denominations; $1, $2, $5 and $100. There was also a $10 and $20 that were printed but never issued (love to have just 1 ea of those..lol) August 10, 1966 the Treasury made announcement that $2 notes would no longer be printed and even a short while later discontinued the printing of the $5 notes as well. The Small Size&nbsp; Series 1966 and 1966A $100 notes are both Legal Tender issues as well with only the Series 1966 $100 having Star notes issued to it.</p><p><br /></p><p>Green Seal Fed Reserve was authorized under the Act of Dec 23, 1913...they are obligations of the USA and act as a first lein on assets of the issuing Fed Reserve Bank. They are basically secured by a &quot;pledge &quot; of collateral equal to the face value of the notes</p><p>I think there are 4 collateral types but can not recall them.</p><p><br /></p><p>Hope this helps??[/QUOTE]</p><p><br /></p>

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