One Hundred 100 Dollar Bill Green Seal FRN Series 1934 US Currency

Click for More Images

We are pleased to offer for sale this One Hundred (100) Dollar Bill Green Seal FRN Series 1934 US Currency.  These $100 Green Seal FRNs are off-quality notes that may have some stains, tears, heavy folds or writing. These $100 Green Seal Federal Reserve Notes are  from Series 1934, 1934 A, B, C, or D (our pick).  Each bill comes in a currency sleeve for protection.  These $100 Green Seal Federal Reserve Notes will make a nice addition to any currency collection!

Information on these Federal Reserve Note Series 1934 One Hundred Dollar Bills:

Series 1934 Federal Reserve Notes were made with one of two different green seals, with one having a darker hue.  Some of the series have Mule notes (1934, 1934A-1934D).  All bills feature a portrait of Benjamin Franklin on the obverse and a view of Independence Hall on the reverse.  Series 1934 $100 Federal Reserve Notes no longer feature the "redeemable in gold" clause, as the country had officially withdrawn from the gold standard.  

What is a Federal Reserve Note?

Federal Reserve Notes are United States Currency also known as Greenbacks, Feds, or FRNs.  Federal Reserve Notes were authorized by an Act of Congress, December  23, 1913.  Federal Reserve Notes are the main currency that we use today.   All Federal Reserve Notes can be distinguished by their green seals.  Federal Reserve Notes are obligations of the United States and are a first lien on the assists of the issuing Federal Reserve Bank.  These notes are also secured by a pledge of collateral equal to the face value of the note.  The collateral consists of one of the following assets:  1) Gold Certificates, 2) Special Drawing Right Certificates, 3) United States Government Securities, or 4) "eligible paper" as described by the statue.  

Federal Reserve Notes are currently issued in denominations of $1, $2, $5, $10, $20, $50, and $100.  The Department of the Treasury discontinued issuance of  $500, $1,000, $5,000, and $10,000 Federal Reserve Notes on July 14, 1969 because of a lack of demand.