1934 $5 Federal Reserve Note Value Guide

The Series of 1934 $5 Federal Reserve Note is a landmark piece of American currency, representing the first series to omit the gold redemption clause after the Gold Reserve Act. Issued during the Great Depression and used through World War II, these 'Green Seal' notes are highly collectible for their connection to a pivotal shift in U.S. monetary policy.

What affects the value of 1934 $5 Federal Reserve Note?

• Paper crispness and the absence of heavy folds or circulation wear significantly impact the $16.00-$17.50 price range.
• The presence of any ink stains, pinholes, or edge tears will lower the market value for collectors.
• Centering of the printed design on the 75% cotton and 25% linen paper affects the overall grade and desirability.
• The specific Federal Reserve Bank of issue, such as the Boston 'A' bank, can influence demand among regional note specialists.

How to Identify 1934 $5 Federal Reserve Note?

• Check for the Federal Reserve Bank of Boston designation, indicated by the letter 'A' and the number '1'.
• Verify the 'Series of 1934' print date located on the obverse near the portrait of Abraham Lincoln.
• Look for the distinct vivid green treasury seal and matching serial numbers printed on the cotton and linen blend paper.
• Confirm the reverse features a detailed engraving of the Lincoln Memorial, consistent with small-size currency standards.

History of 1934 $5 Federal Reserve Note

The Series of 1934 was a significant era for U.S. currency as it was the first series to omit the gold redemption clause following the Gold Reserve Act. This specific note was issued by the Federal Reserve Bank of Boston, denoted by the letter A and the number 1. These bills are known as 'Green Seals' and were used during the latter half of the Great Depression and through World War II.