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<p>[QUOTE=&quot;Numbers, post: 1359466, member: 11668&quot;]The authorization was for $3 National Bank Notes back in the 1860s, I&#039;m afraid.&nbsp; The original act in 1863 specified denominations of $5 and higher.&nbsp; A few years later approval was given to add $1, $2, and $3 denominations; but only the $1 and $2 were actually printed.</p><p><br /></p><p>I believe designs were engraved for a $3 Legal Tender Note around the same time.&nbsp; I don&#039;t recall whether that denomination was explicitly authorized, or whether that was a case where the denominations were left to the discretion of the Secretary of the Treasury....&nbsp; Either way, these $3&#039;s were never printed either.</p><p><br /></p><p>In any case, I don&#039;t believe a $3 Federal Reserve Note has ever been contemplated.&nbsp; Even the $1 and $2 FRNs are recent additions to the currency system (1963 and 1976 respectively); prior to that, the FRNs only came in denominations of $5 and higher.[/QUOTE]</p><p><br /></p>

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