1914 $10 Federal Reserve Note Value Guide

FR. 949 1914 $10 FRN SAN FRANCISCO, CA BURKE/GLASS 43 KNOWN RARE | eBay
1914 $10 Federal Reserve Note
Estimated Value
$70 – $120
Period
1914
Origin
United States
Materials
Paper
Category
Us currency

The 1914 $10 Federal Reserve Note is a landmark piece of American currency, representing the first series issued after the Federal Reserve Act of 1913. These 'horse blanket' notes are highly collectible due to their large physical dimensions and their historical role in stabilizing the U.S. financial system.

What Is 1914 $10 Federal Reserve Note Worth?

The typical price range for 1914 $10 Federal Reserve Note is $70 - $120 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Paper crispness and the absence of heavy folds or 'pinholes' significantly increase market value.
  • The specific issuing Federal Reserve Bank can impact rarity, as some districts had lower print runs.
  • Ink vibrancy, particularly the deep blue of the seal and the clarity of the reverse vignettes.
  • The presence of any ink stains, tears, or edge fraying will lower the value toward the $70 range.

How to Identify 1914 $10 Federal Reserve Note?

  • Verify the presence of the blue Treasury seal and matching blue serial numbers on the obverse.
  • Confirm the portrait of Andrew Jackson is centered on the front, a hallmark of the 1914 series.
  • Check for the 'Series of 1914' designation and the specific Federal Reserve Bank letter in the seal.
  • Ensure the note measures approximately 7.375 by 3.125 inches, significantly larger than modern bills.

History of 1914 $10 Federal Reserve Note

The Federal Reserve Act of 1913 established the Federal Reserve System and authorized the issuance of Federal Reserve Notes. The 1914 series was among the first of these notes, and they are notable for their larger size compared to modern currency. These notes played a crucial role in stabilizing the American financial system and providing a flexible currency supply. The blue seal on this note indicates it is a Federal Reserve Note, distinguishable from other types of US currency issued during that era.

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