Fr.1950-L*, 1928 $5 San Francisco District Star Federal Reserve Note, Very Fine, PCGS-20. A very nice original example of a very rare early small-size "Fed"with excellent margins.

An increasingly hard to obtain type, the early small-size FRNs with the "gold clause" and numerical district seal have continuing popularity. This San Francisco star replacement note joins a known population of only nine pieces, with only two of marginally higher grade and at least a couple that are damaged. We are fortunate to be able to offer this appealing problem-free Very Fine at an attractive price.