$1 Federal Reserve Notes Collection Note Checklist
Some people collect by blocks. A block is the first and last letter in a serial number – this note comes from block JC.
This note checklist is meant to help you start a $1 Federal Reserve Notes Collection. There are several ways in which people collect $1 FRNs; some choose to collect one example of every signature combination, others collect by blocks, and still others collect by Federal Reserve Banks. Many people add to their collections by including well-known error notes, mule notes, or "fancy" serial numbers (see Special Notes).
You can choose notes for your collection in any way and any order that you wish, or you can try our easy method for new collectors:
Look at the checklist. Beginning with the first series (1963), choose one bank letter from those listed. Circle the letter and check the box after you have collected the note. Then do the same for each of the following series until you have completed the checklist. After you have collected one example for each series, you can return to the beginning of the checklist and expand your collection by acquiring the remaining bank letters.
For any note, it is best to pick the highest grade you can afford given your budget and the size of your collection (see our Grading Guide). Most importantly, remember to have fun! This checklist is simply a helpful place to start – $1 Federal Reserve Note collecting is almost limitless in its variety. As your knowledge increases, you'll find your own favorite notes and ways to build a collection as unique as your imagination!
Please note: Since 1990, U.S. paper money has also been printed in Fort Worth, Texas at The Western Currency Facility. These notes can be identified by a small "FW" on their Face, before the plate serial number.
Right: A web-fed note does not contain letters in its plate serial number.
Left: The absence of a plate-position number indicates a web-fed note.
Web-fed, or web press, notes were issued in Series 1988A, 1993, and 1995 in an attempt by the BEP to reduce production costs. These notes were printed on a roll instead of on sheets, but regular sheet-fed notes were printed simultaneously. These notes are gaining popularity with collectors and are included on this checklist. To identify a note as web-fed, look for the plate serial number at the lower right of a note's Face. If it contains a number and no letters, you have a web-fed note. A web-fed note also does not have a plate position number, or check letter, in the upper left corner of its Face. Finally, looking at the Back of a web-fed note, its check number can be found to the right of "In God We Trust" and not in its usual position to the left of the eagle.
Although there are 12 Federal Reserve Banks that issue $1 Federal Reserve Notes, not every bank issued every series. Read more about the Federal Reserve Districts.