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100 Dollars Federal Reserve Note, small portrait, no motto

Issuer Federal Reserve System
Year 1950
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Size 156 x 66 mm
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Obverse lettering FEDERAL RESERVE NOTE THE UNITED STATES OF AMERICA THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE, AND IS REDEEMABLE IN LAWFUL MONEY AT THE UNITED STATES TREASURY, OR ANY FEDERAL RESERVE BANK WASHINGTON, D.C. WILL PAY TO THE BEARER ON DEMAND ONE HUNDRED DOLLARS
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Reverse lettering THE UNITED STATES OF AMERICA INDEPENDENCE HALL ONE HUNDRED DOLLARS
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Comments

The Series 1950 $100 note predates the 1957 addition of "IN GOD WE TRUST" to U.S. currency — that motto first appeared on the $1 Silver Certificate, then migrated across all denominations through the early 1960s. The "small portrait" designation distinguishes this from the earlier large-head design, the reduction having been introduced with the 1928 series when the BEP standardized note dimensions across all denominations.

Series 1950E is notably scarcer than its predecessors — only three Federal Reserve Banks (Boston, Chicago, and San Francisco) issued it, a consequence of the series being cut short when the 1963 series entered production. Chicago and San Francisco examples turn up with some regularity; Boston does not.

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