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50 Dollars Federal Reserve Note, small portrait
| Issuer | Federal Reserve System |
|---|---|
| Year | 1928-1934 |
| Type | Log in to see details |
| Value | 50 Dollars (50 USD) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Intaglio-printed portrait of Ulysses S. Grant, 18th President of the United States, at center within an oval vignette. The Treasurer's signature and Federal Reserve Bank seal appear at left, while the Secretary of the Treasury's signature and the Treasury Department seal occupy the right; numeral counters and lathe-work guilloche surround the design field. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | THE UNITED STATES OF AMERICA U.S. CAPITOL FIFTY DOLLARS |
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| Comments |
The shift to the "small size" format in 1928 marked the first fundamental redesign of U.S. currency since the Civil War era, driven largely by pressure from the American Bankers Association, which had long complained about the cumbersome dimensions of the older "horse blanket" notes. The Treasury consolidated dozens of competing note types — Gold Certificates, Silver Certificates, National Bank Notes, Federal Reserve Notes — into a unified small format, all sharing the same physical dimensions for the first time.
The 1928–1934 $50 Federal Reserve Notes are among the most type-rich of the series, issued across multiple Federal Reserve districts with meaningful signature and seal varieties that drive significant value differences between otherwise identical-looking examples.