-40%
1934 A 0 FEDERAL RESERVE NOTE-CHICAGO
$ 396
- Description
- Size Guide
Description
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1934 A 0 FEDERAL RESERVE NOTE-CHICAGO
The marker is on the holder only not on the note
W
e believe that the valuation gap which exists between the coin and currency hobbies will drive collectible-currency values higher over time.
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Pictures do not reveal the radiant beauty of our items.
A
(
FRNs
or
ferns
) is a type of banknote issued by the Federal Reserve System and is the main type of paper currency in the United States.
are currency, with the words
"this note is legal tender for all debts, public and private" printed on each bill.
They are issued by the Federal Reserve Banks and have replaced United States Notes, which were once issued by the Treasury Department.
The
Federal Reserve System
(also the
Federal Reserve
; informally
The Fed
) is the central banking system of the United States. It is composed of a central Board of Governors in Washington, D.C., twelve regional Federal Reserve Banks located in major cities throughout the nation, numerous member banks and other entities (see below). Ben Bernanke serves as the current Chairman of the Board of Governors of the Federal Reserve.
The Federal Reserve System was created via the Federal Reserve Act of 1913 which "established a new central bank designed to add both flexibility and strength to the nation's financial system."
The legislation provided for a system that included a number of regional Reserve Banks and a seven-member governing board.
All national banks were required to join the system and other banks could join. The Reserve Banks opened for business in November 1914.
Congress created
to provide the nation with an elastic supply of currency.
The
notes were to be issued to Reserve Banks for subsequent transmittal to banking institutions in accordance with the needs of the public. It includes a system of eight to twelve regional reserve banks, owned by its commercial member banks and supervised by the Federal Reserve Board.
The board and its chairman are appointed by the president and approved by the Senate.
Economists of the Austrian School such as Ludwig von Mises contend that it is the Federal Reserve's artificial manipulation of the money supply that leads to the boom/bust business cycle that has occurred over the last century.
Many economic libertarians, such as Austrian School economists, believe that the Federal Reserve's manipulation of the money supply to stop "gold flight" from England caused, or was instrumental in causing, the Great
Depression.
In general, laissez-faire advocates of free banking argue that there is no better judge of the proper interest rate and money supply than the market.
Some, like Larry Kudlow, argue that the Federal Reserve should exist, but the Federal Funds Rate and the Discount rate should be determined by a free float. This way, the Federal Reserve would still be able to influence the money supply with its open-market operations (buying and selling bonds), and banks would be more efficient setting their own rates.
The Libertarian Party and the Constitution Party advocate the abolition of the Federal Reserve, saying that a central bank is not a power given to the government in the Constitution and that the power to print currency and regulate its value is explicitly given to Congress in Article 1, Section 8 of our Constitution.
Nobel Economist Milton Friedman says, he "prefer[s] to abolish the federal reserve system altogether." Political commentator G.
Edward Griffin also has called for the abolishment of the Federal Reserve. In
America:
From Freedom to Fascism
, filmmaker Aaron Russo also rails against fiat money, and cites it as a danger to western civilization.
We assure you that
all of our items
(Watches,
Diamonds and Currencies)
are
authentic.
We assure that you will not receive,
fake, phony or copied item.
None of our items are enhanced in any way.
If you received an item that is totally different
from what we described,
just keep the item for free and.
We
will refund your money and
even pay for shipping.
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We never ever cheat by tampering with the image.
We assure you that you will be
amazed and
you
will want to come back gain.
Pictures do not reveal the radiant beauty of our items.
In some cases, the
pictures are even a lot lower quality than our actual items,
UNLIKE
many of the other stores.
100% satisfaction is our goal !
We want to develop a relationship with you
as our valued customer for many years to come.
Our scanned pictures quality does not speak of the actual item.
We surely want you to be our valued clients forever.
We will give you 100% full money back guarantee.
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W
e offer
a selection of United States currency including large and small sized type notes, as well as inventory a broad based
selection of
Where there's
something for everyone.
there's something for everyone.
We provide customers with quality notes, fair pricing and superior service. So whether you're a collector on a budget, or the investor who wants "only the best," we offer you the guidance and buying experience
that will keep you coming back.
D
REAMTROPHY
sells conservatively graded/none graded notes that are reasonably priced and selected for specific collecting and investment
values
. We believe that the cornerstone to this endeavor
is building trust and confidence.
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Purchasing currencies is one of the best and wisest
investment you'll ever make.
Did you make an offer? Please do so, because we are watching you as you can see!!!
We will always put ourselves in you shoes.
We want you to have best service.
We will treat you like our own families and exactly like the way
we would like to
be treated.
We really like to establish a long term relationship with you and
exceptional experience with our company.
The winning bidder must contact us within 2 days
and payment
must
be received within 5-7 days of
the close of this auction.
We are here to help you with your questions and order status .
O
ur commitment to you is to answer your
within hours.
Please email us through Ebay messages system.
Please email us through Ebay messages system.
Please email us through Ebay messages system.
The wining bidder must contact us within 2 days and payment.
must be received within 5-7 days of the close of this auction.....
There is a delivery charge of for shipping.
We prefer to ship to the confirmed address on
the pay pal account.
All orders are processed within 1-3 business day of receiving them.
Overnight shipping is included.
This item is professionally packaged and shipped fully insured,
adult signature required at delivery.
We ship via FedEx, UPS, Brinks, Private Courier
and United States Express Mail.
Items are typically shipped within 3-5 business days of receipt of payment. You will be notified when your item has been shipped.
Please provide a physical address, and contact phone number with your payment.
If payment is made by PayPal, and your shipping address is different than your confirmed address in PayPal, you must contact us directly to let us know of the requested change. Address change approval will be sent to you, otherwise this item will be sent to your confirmed PayPal address.
We are fulfilling international orders to worldwide.
We ship
world-wide fully insured by:
UPS, FEDEX, BRINKS, Private Courier, and United States Express Mail.
Provide a physical address, and contact phone number with your payment.
If payment is made by PayPal, and your shipping address is different than your confirmed address in PayPal,
you must contact us directly to let us know of the requested change.
Address change approval will be sent to you, otherwise this item will be sent to your
confirmed PayPal address.
International shipments are shipped at the customers risk to shipping delays,
international and national regulations,
Customs fees, taxation,
and damage due to and/or resulting from shipping.
We are not responsible for shipping delays, damage, theft, acts of nature affecting the shipment, Customs duties, fees, taxation or regulatory import restrictions.
This disclaimer applies only to shipments outside the United States,
International customers may complete transactions
by bank PayPal E-check transfer.
We accept payments through PayPal only.
We'll contact you within 24 hours
of the auction closing.
The winning bidder must contact us within 2 days and payment
must be received within 5-7 days of the close of this auction.
IF YOU PAY BY PAY PAL YOU NEED TO BE
ADDRESS AND SIGNATURE CONFIRMED .
Items can be returned for
a
100% money back Guaranteed
minus shipping cost
within 7 days if
you are not satisfied with the items.
We are committed to maintaining our customers privacy.
We collect and store information you share with us
(name, address, phone numbers, E mail address)
along with information about items you request.
All information kept in a secure file and is used
by us to tailor our communication to you.
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