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 wonderful blend of deep color and bright paper.
Comment Pinholes. Plenty of strong color and brilliant whit paper. Minor pinholes fail to distract.
Vivid color and a bright appearance. Nice eye appeal.
San Francisco District. An attractive 'Gold on Demand' note that exhibits vivid inks and bright paper.
Bold inks and bright premium paper. Strong eye appeal!
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.
Richmond District. An attractive 'Gold on Demand' note that is well centered and exhibits deep inks and bright premium paper.
Dallas District. A nearly new higher denomination 'Gold on Demand' note with strong color and bright paper.
Chicago District. Dark Green Seal. An earlier small size large denomination that is well centered and exhibits strong color.