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#1
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red seal
What does the red seal on a paper bill indicate? I know that the blue seal is
a silver certificate but can't remember what the red is for. Thanks, Cathy |
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#2
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Cathy here is a small web page on that. Not allot to read, but some info.
John III http://www.coinsite.com/content/faq/redseals.asp "Cathy1999" wrote in message ... What does the red seal on a paper bill indicate? I know that the blue seal is a silver certificate but can't remember what the red is for. Thanks, Cathy |
#3
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TREASURY SEAL COLORS and THEIR MEANING
by:Patrick J. Curran With the reduction in the size of United States currency in 1928, the treasury ordered that the color of the Treasury seal on each bill indicate what type of currency it was. Today, over 99% of the currency in circulation is composed of Federal Reserve Notes, but back then, there were FIVE different types of notes in circulation. GOLD (actually a deep yellow) was used on Gold Certificates – notes that could be redeemed for gold coins at a bank. These notes were issued in denominations from 20 to 10,000 dollars. These notes were ordered to be turned in in 1933. BLUE was used to indicate Silver Certificates – notes that could be redeemed for silver coins. Issued in 1,5, and 10-dollar denominations, they ceased being issued in 1964. GREEN was the color used for Federal Reserve Notes – notes that have been issued at different times in denominations from 1 through 10,000 dollars. BROWN was used to identify National Bank Notes – notes issued by banks under Federal charter. They were issued in 5, 10, 20, 50 and 100-dollar denominations and their issuance ended with the Great Depression. RED notes indicated United States Notes – notes issued at different times as 1,2,5 and 10-dollar denominations and fulfilled the promise issued during the Civil War to continue the issuing of "Greenback" notes (notes that did not promise any redemption value). These notes are pulled from circulation as they show up in banks. In 1933, as part of a move to end the Great Depression, the President ordered a bank holiday. At the end of the holiday, the solvent banks were to re-open with a good supply of cash and stem any further runs on the banks. This new supply of currency was to be under the control of the Federal Reserve System and their 12 issuing banks. However, the only large supply of paper for currency was left over National Currency paper with tan seals. Thus the "******* Notes" (federal reserve notes issued on national bank stock) were issued. Two more emergencies occurred & required a different color Treasury seal. TAN was used after the Japanese attack on Pearl Harbor, the United States fearing an invasion of the Hawaiian Islands. All currency issued to banks on those islands had Tan Treasury Seals and HAWAII imprinted on the face and back of the notes. YELLOW seal notes were used by American troops that took part in the North Africa invasion. Such seals were used throughout the North Africa campaign. Military Payment Certificates finally replaced the issuance of regular United States notes in war zones. Copied from http://www.ccatech.com/tna/archives/...sealcolor.html Yezid Acosta http://www.notofilia.com On Wed, 1 Oct 2003 16:43:45 -0400, "John III" wrote: Cathy here is a small web page on that. Not allot to read, but some info. John III http://www.coinsite.com/content/faq/redseals.asp "Cathy1999" wrote in message ... What does the red seal on a paper bill indicate? I know that the blue seal is a silver certificate but can't remember what the red is for. Thanks, Cathy |
#4
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TREASURY SEAL COLORS and THEIR MEANING
by:Patrick J. Curran With the reduction in the size of United States currency in 1928, the treasury ordered that the color of the Treasury seal on each bill indicate what type of currency it was. Today, over 99% of the currency in circulation is composed of Federal Reserve Notes, but back then, there were FIVE different types of notes in circulation. GOLD (actually a deep yellow) was used on Gold Certificates – notes that could be redeemed for gold coins at a bank. These notes were issued in denominations from 20 to 10,000 dollars. These notes were ordered to be turned in in 1933. BLUE was used to indicate Silver Certificates – notes that could be redeemed for silver coins. Issued in 1,5, and 10-dollar denominations, they ceased being issued in 1964. GREEN was the color used for Federal Reserve Notes – notes that have been issued at different times in denominations from 1 through 10,000 dollars. BROWN was used to identify National Bank Notes – notes issued by banks under Federal charter. They were issued in 5, 10, 20, 50 and 100-dollar denominations and their issuance ended with the Great Depression. RED notes indicated United States Notes – notes issued at different times as 1,2,5 and 10-dollar denominations and fulfilled the promise issued during the Civil War to continue the issuing of "Greenback" notes (notes that did not promise any redemption value). These notes are pulled from circulation as they show up in banks. In 1933, as part of a move to end the Great Depression, the President ordered a bank holiday. At the end of the holiday, the solvent banks were to re-open with a good supply of cash and stem any further runs on the banks. This new supply of currency was to be under the control of the Federal Reserve System and their 12 issuing banks. However, the only large supply of paper for currency was left over National Currency paper with tan seals. Thus the "******* Notes" (federal reserve notes issued on national bank stock) were issued. Two more emergencies occurred & required a different color Treasury seal. TAN was used after the Japanese attack on Pearl Harbor, the United States fearing an invasion of the Hawaiian Islands. All currency issued to banks on those islands had Tan Treasury Seals and HAWAII imprinted on the face and back of the notes. YELLOW seal notes were used by American troops that took part in the North Africa invasion. Such seals were used throughout the North Africa campaign. Military Payment Certificates finally replaced the issuance of regular United States notes in war zones. Copied from: http://www.ccatech.com/tna/archives/...sealcolor.html Yezid Acosta http://www.notofilia.com On 01 Oct 2003 20:18:06 GMT, (Cathy1999) wrote: What does the red seal on a paper bill indicate? I know that the blue seal is a silver certificate but can't remember what the red is for. Thanks, Cathy |
#5
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Yezid Acosta wrote in message . ..
TREASURY SEAL COLORS and THEIR MEANING by:Patrick J. Curran BROWN was used to identify National Bank Notes ? notes issued by banks under Federal charter. They were issued in 5, 10, 20, 50 and 100-dollar denominations and their issuance ended with the Great Depression. y paper with tan seals. Thus the "******* Notes" (federal reserve notes issued on national bank stock) were issued. Two more emergencies occurred & required a different color Treasury seal. TAN was used after the Japanese attack on Pearl Harbor, the United States fearing an invasion of the Hawaiian Islands. All currency issued to banks on those islands had Tan Treasury Seals and HAWAII imprinted on the face and back of the notes. This would seem to indicate that the color shade on 1929 NBNs is different from that on the Hawaiian notes. Is that in fact the case? I don't own any Hawaiian notes so I can't do a comparison. http://www.ccatech.com/tna/archives/...sealcolor.html Yezid Acosta http://www.notofilia.com On Wed, 1 Oct 2003 16:43:45 -0400, "John III" wrote: Cathy here is a small web page on that. Not allot to read, but some info. John III http://www.coinsite.com/content/faq/redseals.asp "Cathy1999" wrote in message ... What does the red seal on a paper bill indicate? I know that the blue seal is a silver certificate but can't remember what the red is for. Thanks, Cathy |
#6
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From: cathy1999
What does the red seal on a paper bill indicate? I know that the blue seal is a silver certificate There are different 'types' of Notes, based mainly on the style in which the Government 'backed' the Notes. The differences were indicated by the color used for the seal & serial numbers. The Red seals were (are) 'Legal Tender' United States Notes. 8-/ Coin Saver |
#8
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On Wed, 01 Oct 2003 18:39:18 -0400, Yezid Acosta
wrote: RED notes indicated United States Notes – notes issued at different times as 1,2,5 and 10-dollar denominations and fulfilled the promise issued during the Civil War to continue the issuing of "Greenback" notes (notes that did not promise any redemption value). These notes are pulled from circulation as they show up in banks. I doubt that. I've gotten any number of the things at the bank. SCs as well. Padraic. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
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