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10 000 Dollars Federal Reserve Note, small portrait

Issuer Federal Reserve Bank of Boston
Year 1934
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Printer Bureau of Engraving and Printing, United States (1862-date)
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Obverse lettering 10,000 FEDERAL RESERVE NOTE 1 A00000185A SERIES OF 1934 A THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE, AND IS REDEEMABLE IN LAWFUL MONEY AT THE UNITED STATES TREASURY, OR AT ANY FEDERAL RESERVE BANK. THE FEDERAL RESERVE BANK OF BOSTON MASSACHUSETTS A THEASAUR AMER. SEPTENT. SIGIL WASHINGTON, D.C. E1 W.A. Julian Treasurer of the United States CHASE Henry Morgenthau Jr. Secretary of the Treasury THE UNITED STATES OF AMERICA WILL PAY TO THE BEARER ON DEMAND TEN THOUSAND DOLLARS
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Reverse lettering 10,000 THE UNITED STATES OF AMERICA TEN THOUSAND DOLLARS
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Comments

The $10,000 note was never intended for public use. These high-denomination Federal Reserve Notes circulated exclusively between Federal Reserve Banks for large interbank settlements — a function largely superseded by wire transfers. The Treasury began withdrawing them from circulation in 1969, and any example encountered today has almost certainly not moved through a teller window in over half a century.

Fewer than 100 examples of the 1934 series across all issuing banks are known to survive. The Boston district issued the fewest of any Federal Reserve district, making this among the rarest of an already vanishingly scarce type. Julian and Morgenthau signed together from 1934 through 1945.

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