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Executive Currency - Offering Rare Paper Money for the Connoisseur

 
$1 1928 USN= RED SEAL=Fr. 1500=WASHINGTON=PMG GEM UNC 66 EPQ
 
$1 1928 USN= RED SEAL=Fr. 1500=WASHINGTON=PMG GEM UNC 66 EPQ
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$945.00
$845.00
 
 
Description:

$1 1928 United States Note or Legal Tender

 

 the only small size red seal issued by the BEP in a one dollar denomination!

 

The iconic Fr. 1500—a catalog number so well known that the mere mention of 

“Fr. 1500” immediately conjures a mental image.

 

ONE  YEAR  TYPE  NOTE

 

This note was printed for a two-month period during April and May of 1933. However, the United States released them into Puerto Rico during the recession of 1948-1949 to avoid confusion on the mainland. The Treasury Department feared the banks would have difficulty sorting them so they decided to isolate these pieces. Remarkably, they made their way back to the mainland and are now a sought-after collectible item.

 

The reverse of this note has a “funny back” that is also found on the $1 1928 and 1934 Silver Certificates.

 

Most examples of the Fr. 1500 come poorly centered and stars are very difficult to locate.

  

Don’t settle for the story without the evidence.

 

a critical component to EVERY collection of United States paper money

 

please REFER to the SCAN to EVALUATE the CENTERING, EMBOSSING, INKS, ALIGNMENT, etc to formulate an independent opinion as to the quality and suitability of the piece, the use your own impression to decide the amount to bid

  

note grades:

PMG GEM UNCIRCULATED 66 EPQ

 
         
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