Collector Fact Sheets

Federal Reserve Notes

The Federal Reserve Act of 1913 authorized the issuance of all Federal Reserve notes. The 1914 Series notes included only denominations $5 through $100. The higher denominations, $500 through $10,000, bore the series date of 1918.

Small-size Federal Reserve notes, first printed in 1929 with a series date of 1928, have been printed in denominations of $1 through $10,000; the $100 note is highest denomination currently printed. The Federal Reserve note is now the only type of currency note printed by the Bureau of Engraving and Printing.