Value of 1918 Federal Reserve Bank Notes

1918 Federal Reserve Bank Notes

Blue seal Federal Reserve Bank notes can be from 1915 or 1918.  These look very similar to series of 1914 Federal Reserve notes.  However, the 1918 issues have the portrait on the left hand side of the bill and many of the inscriptions on each note are different.  These bank notes were only printed up to the fifty dollar denomination.  If you have some specific questions about your note, please ask.  I am a buyer.

The one dollar denomination is a neat looking one year design only used for the 1918 issue.  George Washington is shown on the left hand side of the bill.  The back shows a flying eagle clutching an American flag.  The value of these notes really just depends on the condition of each bill.

The series of 1918 $2 bill is more commonly known by its nickname, the battleship note.  Thomas Jefferson is pictured on the front of each bill, and as you might have guessed, there is an engraving of a battleship on the back of each note.  These are very collectible and lots of people focus on collecting by signature and district varieties.

Five dollar 1918 notes seem to be especially cheap right now when compared to other denominations.  Abraham Lincoln is on the front of each note.

The ten dollar denomination is really the first Federal Reserve Bank note which has a chance to be especially rare and valuable.  It is all about condition and issuing district with these.  Believe it or not, star notes were actually issued for this series.  Star notes are very valuable on any 1918 $10 bill.  Each note has an engraved image of Andrew Jackson.

Grover Cleveland makes another appearance on a bill here.  Only a handful of districts issued 1915 or 1918 notes.  Due to this low mintage, these are relatively scarce today.

Had a small group of 1918 $50 bills not been saved, this would be one of the ultimate rarities in the world of United States currency.  The Federal Reserve Bank of St. Louis was the only district to issue fifty dollar notes from the series of 1918.  A few dozen of these exist in high grades.