1929 10 Dollar Bill Federal Reserve Bank Of Chicago
The 1929 $10 bill is a unique piece of American currency. It was issued by the Federal Reserve Bank of Chicago and is part of the "small size" currency series. These bills were printed from 1928 to 1934 and were smaller in size compared to the earlier "large size" currency.
The front of the 1929 $10 bill features a portrait of Alexander Hamilton, who was the first United States Secretary of the Treasury. The back of the bill features a vignette of the U.S. Treasury building in Washington, D.C.
The Design of the 1929 $10 Bill
The design of the 1929 $10 bill is simple yet elegant. The bill is printed in green ink and measures 6.14 inches by 2.61 inches. The front of the bill features a portrait of Alexander Hamilton, which is surrounded by intricate scrollwork. The words "The United States of America" and "Ten Dollars" appear in the upper left and right corners, respectively.
The back of the bill features a vignette of the U.S. Treasury building in Washington, D.C. The words "Federal Reserve Bank of Chicago" and "Ten Dollars" appear in the upper left and right corners, respectively.
History of the Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago was established in 1914, shortly after the creation of the Federal Reserve System. The bank serves the Seventh Federal Reserve District, which includes the states of Illinois, Indiana, Iowa, Michigan, and Wisconsin.
The bank's headquarters are located in Chicago, Illinois, and it has branch offices in Detroit and Des Moines. The bank's primary functions include conducting monetary policy, supervising and regulating banks, and providing financial services to the U.S. government.
Value of the 1929 $10 Bill
The value of the 1929 $10 bill can vary depending on its condition and rarity. Bills that are in uncirculated condition can fetch a high premium, while bills that are heavily circulated may only be worth their face value.
According to the Standard Catalog of United States Paper Money, a 1929 $10 bill from the Federal Reserve Bank of Chicago in uncirculated condition can be worth anywhere from $100 to $500. Bills that are in circulated condition may only be worth around $20 to $50.
Conclusion
The 1929 $10 bill from the Federal Reserve Bank of Chicago is a unique piece of American currency. Its simple yet elegant design and historical significance make it a popular item among collectors. The value of the bill can vary depending on its condition and rarity, but it remains an important piece of American history.