Starting in 1928, the United States began issuing its currency in a reduced size format. People were using new-fangled "wallets," and the large size notes just didn't fit in them well. Small size notes came with many different colored seals and serial numbers, each reflecting a different type of issue: Silver Certificates were blue, Gold Certificates were gold, and Legal Tender Notes were red.
In addition, Federal Reserve Notes (green) and National Currency (brown) filled out the spectrum. Collectors have begun to realize how scarce nice condition small size notes are, and have been eagerly buying them up. With the recent changes in the designs of our paper currency, the earlier notes are all disappearing.
Red Seal. A note with rich color, nice embossing, and fresh paper.
Pack fresh and great eye appeal!
A great 'red' seal note that exhibits excellent color and a bright appearance.
An attractive red seal with vivid color and fresh premium paper.
San Francisco District. A pack fresh 'Gold on Demand' note that exhibits strong eye appeal.
Comment Pinholes. Plenty of strong color and brilliant whit paper. Minor pinholes fail to distract.
Details. Pinholes. Strong color and a bright appearance. Small pinholes blend in well and are difficult to see without close inspection.
Minneapolis District. A bright well centered 'Gold on Demand' note with strong color and pleasing eye appeal.
San Francisco District. An attractive 'Gold on Demand' note that exhibits vivid inks and bright paper.
Well centered with strong color and light wear.
Comment: Pencil. Bright and well centered. Light pencil along the edge is of little distraction.
An attractive note that exhibits bold color and bright paper.
Chicago District. An attractive 'Gold on Demand' note that exhibits strong color, bright paper, and great eye appeal!
St. Louis District. An attractive 'Gold on Demand' note that exhibits deep color, bright paper, and strong eye appeal for the grade. Only 33 notes in all grades are in the Track & Price census.
Minneapolis District. An eye appealing 'Gold on Demand' note that exhibits strong color and bright paper.
San Francisco District. A pack fresh 'Gold on Demand' note that exhibits fantastic eye appeal.
Dallas District. A nearly new higher denomination 'Gold on Demand' note with strong color and bright paper.