Product Description:
MetalStacks is proud to present this historic Series of 1928 $100 Federal Reserve Note — the very first small-size one hundred dollar bill ever issued by the United States government, and one of the most sought-after notes in all of American paper money collecting.
(PSV 35)
Highlights:
- First-year issue of the modern small-size $100 Federal Reserve Note — a landmark in U.S. monetary history
- Bears the coveted Gold Redemption Clause — "Redeemable in Gold on Demand at the United States Treasury or in Gold or Lawful Money at Any Federal Reserve Bank"
- Issued by the Federal Reserve Bank of Chicago (District 7)
- Signed by Secretary of the Treasury Andrew W. Mellon — one of the most prominent Treasury Secretaries in American history
- One-of-one note with unique serial number G00108308A, presented in a premium display frame
Note Specifications:
- Denomination: $100 One Hundred Dollars
- Type: Federal Reserve Note
- Series: 1928
- Serial Number: G00108308A
- Federal Reserve District: 7 — Chicago
- Treasurer Signature: H.T. Tate
- Secretary of Treasury Signature: Andrew W. Mellon
- Seal Color: Green
- Dimensions: 6.14" × 2.61" (156 mm × 66 mm) — standard small-size format
- Printer: Bureau of Engraving and Printing
Design Details:
Obverse: Centers on the iconic intaglio-engraved portrait of Benjamin Franklin, Founding Father, diplomat, inventor, and statesman. The Federal Reserve Bank of Chicago district seal bearing the numeral "7" appears to the left, with the green Treasury seal to the right. The gold redemption clause is prominently printed above the portrait. Signatures of Treasurer H.T. Tate and Secretary Andrew W. Mellon appear at the bottom. Serial number G00108308A prints twice in green ink. "FEDERAL RESERVE NOTE" and "THE UNITED STATES OF AMERICA" appear across the top in bold intaglio lettering.
Reverse: Features the classic intaglio engraving of Independence Hall in Philadelphia — the birthplace of the Declaration of Independence and the U.S. Constitution — rendered in rich green ink against an ornate geometric border. "ONE HUNDRED DOLLARS" and "THE UNITED STATES OF AMERICA" frame the central vignette.
Historical Significance:
The Series of 1928 marked a transformative moment in American monetary history. Prior to 1928, U.S. currency was issued in large-size format — significantly bigger than today's bills. The 1928 series introduced the standardized small-size note format still in use today, making this note the direct ancestor of every $100 bill in your wallet. Critically, the 1928 $100 FRN still carried the Gold Redemption Clause, reflecting the United States' continued adherence to the gold standard — a clause that would be eliminated in subsequent series as the country moved away from gold backing during the Great Depression era. Secretary of the Treasury Andrew W. Mellon, whose signature appears on this note, served under three presidents — Harding, Coolidge, and Hoover — and was one of the most powerful financial figures in American history.
Presentation:
This one-of-one note, bearing the unique serial number G00108308A, is presented in a protective rigid currency holder mounted in a wood display frame with black matted backdrop — ready to display, gift, or add to your collection.
A cornerstone piece for any serious U.S. currency collection — the first year of the modern $100 bill, with gold redemption language, bearing one of history's most celebrated Treasury signatures.
Add this rare American currency treasure to your collection today and it ships fast from MetalStacks!
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