Federal Reserve Bank Notes

First authorized in 1913 and issued in two series, 1915 & 1918, backed by the then newly-created individual Federal Reserve Banks. The 1915 Series, all scarce or rare, consisted of $5, $10 and $20 notes. The 1918 series saw the introduction of the $1, $2 and $5 denominations, in addition to the $5, $10 and $20. The 1918 $2 note, known as the “battleship” note is a classic design, as is the 1918 $1, known as the “green eagle.” All Federal Reserve Bank Notes boldly feature the name of the issuing Federal Reserve Bank on the face.