Description
FR‑1032 • 1914 $5 Federal Reserve Note • Philadelphia • PMG 35
This FR‑1032 1914 $5 Federal Reserve Note from the Philadelphia District is an excellent opportunity for collectors who appreciate early Federal Reserve currency with strong visual appeal. Certified by PMG as Very Fine 35, this note sits just one point below the Extra Fine grade, offering impressive quality at a more accessible price point. The note carries serial number C106984A and features the classic Burke–McAdoo signatures that define this historic issue.
The 1914 series is one of the most iconic early Federal Reserve designs. Collectors value these notes for their bold blue seal, intricate engraving, and strong historical connection to the early years of the Federal Reserve System. This example retains bright paper, solid color, and crisp details, even after honest circulation. Its well‑centered margins and balanced layout give it a pleasing appearance that stands out among mid‑grade notes.
PMG’s VF 35 grade reflects a note that has been circulated but still maintains much of its original structure. The paper remains firm, the design elements are sharp, and the overall presentation is clean. Many collectors consider VF 35 a “sweet spot” grade because it offers excellent eye appeal without the premium associated with higher‑grade examples. This makes the note ideal for type collectors, Federal Reserve specialists, and anyone building a high‑quality early‑20th‑century currency set.
Philadelphia district notes from this era continue to grow in demand, especially when they show strong centering and attractive surfaces. This FR‑1032 fits that profile well. Whether you are expanding your Federal Reserve collection or searching for a standout 1914 $5 type note, this PMG‑certified example delivers historical significance, visual strength, and long‑term collectible value.
A solid, appealing, and well‑preserved piece of early Federal Reserve history.
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