$5 1914 FRN Large Blue Seal San Francisco PMG CH. AU 58

Large SIze Federal Reserve Note

a FORERUNNER to the MONEY in YOUR POCKET

 All were issued under the Federal Reserve Act of December 23, 1913 which authorized denominations from $5-10,000. Unlike Federal Reserve Bank Notes, which were issued directly to—and backed by—each of the twelve FR districts, Federal Reserve Notes were backed by the Federal Government, although the means by which they were secured is not stated on the note.

Note is graded by PMG as Choice About Uncirculated 58