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1928 $10 FRN Redeemable in Gold ( New York) # B06736999A

$35.00

1928 $10 FRN  Redeemable in Gold ( New York) # B06736999A

Average circulated F-VF.

The 1928 series were the first small sized currency issued.

1928 ten dollar bills were redeemable in gold. They read “Redeemable In Gold On Demand At The United States Treasury, Or In Gold Or Lawful Money At Any Federal Reserve Bank.” This is known as the gold clause.

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Product Description

1928 $10 FRN  Redeemable in Gold ( New York) # B06736999A

Average circulated F-VF.

The 1928 series were the first small sized currency issued.

1928 ten dollar bills were redeemable in gold. They read “Redeemable In Gold On Demand At The United States Treasury, Or In Gold Or Lawful Money At Any Federal Reserve Bank.” This is known as the gold clause.

The black seal on the left hand side of the note contains a number 2 which represents the issuing Federal Reserve bank, in this case, New York. All twelve Federal Reserve banks printed series of 1928 $10 bills

Also noted is  “Federal Reserve Note The United States Of America Will Pay To The Bearer On Demand Ten Dollars” printed. All series of 1928 $10 bills were signed by H.T. Tate as the Treasurer of The United States and by A.W. Mellon as the Secretary of the Treasury.

The 1928 Federal Reserve $10 notes were printed in Washington DC  and feature a portrait of Alexander Hamilton and have the U.S. Treasury on the back. They have a green seal on the right and green serial numbers. You will notice that “In God We Trust” is not found on the note, as the motto didn’t appear on notes until 1956.

Fr-2000-B

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