What Is a Federal Reserve Note? Is It Backed by Gold? A Federal Reserve note is a currency issued by the Fed that’s backed by gold. These notes are usually worth their face value, although some ...
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The Future of U.S. Currency: New Dollar Bill Designs Set for 2034This policy applies to all Federal Reserve notes issued since 1914, maintaining their validity for commercial transactions. The current design of the $100 bill, featuring Benjamin Franklin ...
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