1929 $50 Federal Reserve Bank Note New York Brown Seal Fr. 1880-B

The Series of 1929 $50 Federal Reserve Bank Note issued for the Federal Reserve Bank of New York (District 2, designated by letter "B") represents a landmark piece of United States small-size paper currency. Cataloged under Friedberg number Fr. 1880-B, these emergency national currency notes were authorized during the financial crisis under the Emergency Banking Act of 1933, utilizing national bank note plates adapted with Federal Reserve bank title lettering and the distinctive brown Treasury seal and serial numbers. The obverse showcases the classic engraved portrait of 18th U.S. President Ulysses S. Grant flanked by the brown seal, bearing the treasury signatures of Register Edward E. Jones and Treasurer Walter O. Woods alongside bank officers Deputy Governor Arthur W. Gilbart and Governor George L. Harrison. The reverse is anchored by an intricately engraved architectural vignette of the United States Capitol building in Washington, D.C. A premier high-denomination collectible, this note stands as an iconic numismatic artifact of the Great Depression era.

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