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Replies: 116 / Views: 22,393 |
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Valued Member
 United States
108 Posts |
Congrats to barryg!  I'll be proud just to finally make it to 100.
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Valued Member
United States
484 Posts |
Edited by Dave L 10/25/2014 11:24 am
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Pillar of the Community
United States
2850 Posts |
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Pillar of the Community
United States
2850 Posts |
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Pillar of the Community
United States
5863 Posts |
Edited by barryg 10/26/2014 07:10 am
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Valued Member
 United States
108 Posts |
Lovely! Let the Red Seal Extravaganza continue!
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Pillar of the Community
Germany
645 Posts |
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Valued Member
United States
484 Posts |
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Pillar of the Community
Germany
645 Posts |
Edited by hajduk 10/27/2014 07:09 am
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Pillar of the Community
United States
5863 Posts |
Great collection, Hajduk! Sadly, I don't own a single large-sized National Bank Note, but at least I can drool over yours... 
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Pillar of the Community
Germany
645 Posts |
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Pillar of the Community
United States
5863 Posts |
OK, I'm a bit confused... Is this considered a "National Bank Note" or a "Federal Reserve Note":  
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Valued Member
United States
484 Posts |
Barryg - that's actually a Federal Reserve Bank Note FRBN. The National Currency words at top are a bit confusing to us nowadays. Heres my small entry for today:  
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Pillar of the Community
Germany
645 Posts |
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Pillar of the Community
Germany
645 Posts |
The Milford bill is cool, congrats.  @Dave L These bills were not classic Federal Reserve Notes. The main different between a FED Note an this NC Notes is that the NC Notes were not 100% covered in Gold. This is the wording of the NC Notes. SECURED BY UNITED STATES CERTIFICATES OF INDEBTEDNESS OR UNITED STATES ONE YEAR GOLD CERTIFICATES DEPOSITED WITH THE TREASURE OF THE UNITED STATES The Treasure of the United States can be many things. Land, buildings, military equipment and above all expected tax revenue. The cash needs of the USA was significantly higher than the gold stock. The US dollar reserves in Europe and Japan already exceeded 1960 the US gold reserves. President Nixon has on August 15, 1971 announced it would need extraordinary measures are taken to protect the American economy. This measure was simple: They took the right of the people to exchange the $US in gold. What makes money today still valuable? Only the faith of the people. http://en.wikipedia.org/wiki/Gold_standard
Edited by hajduk 10/27/2014 10:45 am
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Replies: 116 / Views: 22,393 |