1928 Redeemable In Gold $ 100 Federal Reserve # 1 Boston Cu Low Serial Number# 227

Being offered today is a VERY RARE excellent example of a 1928 $100.00 Federal Reserve Boston “REDEEMABLE IN GOLD” note that is in Choice Uncirculated (CU) condition.

This note is very hard to find in this condition.

THE NOTE ALSO HAS THE REDDEMABLE IN GOLD STATEMENT ON THE UPPER LEFT SIDE OF THE NOTE:

The upper left of the note states:

“REDEEMABLE IN GOLD ON DEMAND AT THE US TREASURY OR IN GOLD OR LAWFUL MONEY AT ANY FEDERAL RESERVE BANK”. So, at the time you could cash the note in for gold. Pretty cool.

This note has another great feature. It has a low serial numbered note with only
6 digits. Lower serial numbered notes are much harder to find! Especially in the 1928 $100.00 series.

The note starts out with 00. The serial number on this note is A 00300227 A. This note was among the first notes printed which is identified by the A - A block. The letter A in the serial number stands for the 1st Federal Reserve Bank, which is located in Boston.

This note is from the Boston series which is designated by the “1” on the left side of the note (see pics). The use of numbers was changed to lettering for the 1934 Series. So, this note is the early version of this series and that is why it is more collectable.

The number “1” represents the 1st letter in the alphabet, which is A, which is the letter for the BEP in Boston. So, this note is the early version of this series and that is why it is more collectable.

The color just pops off the note. The margins are centered very well, and the ink just pops off the note. The colors are bright and bold. The vibrant colors and well-preserved paper add to its visual eye appeal. The note has fantastic eye appeal. The note shows no sign of wear on the corners or the sides. All of the corners and edges of the note are crisp and clean. There are no pinholes, rips, stains, or tears.

The note will be encased in a long-term preservation holder, ensuring its protection, and providing a clear view of both sides. The intricate details of the design, including the finely engraved vignettes and intricate patterns, remain crisp and sharp. The holder is made to enhance the presentation of the encapsulated note and protects against counterfeiting and tampering.