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| 正面描述 | 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. |
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| 背面描述 | The reverse is printed entirely in green ink and presents an intaglio vignette of the United States Capitol building at center, rendered in fine line engraving with trees and surrounding grounds in the foreground and a panoramic cityscape in the background. Ornate lathe-work rosette cartouches occupy the left and right margins, with large numeral 50 counters at each corner. The inscription "THE UNITED STATES OF AMERICA" arches across the upper portion of the design, and "FIFTY DOLLARS" appears in bold lettering along the lower border. |
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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.