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- Product ID: 51396
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The 1950D STAR $10 Federal Reserve Note represents a fascinating piece of American currency history, known for its distinctive design and significance within the broader context of the nation's monetary system. Issued by the United States Treasury, this note played a vital role in facilitating transactions and circulating wealth throughout the mid-20th century.
Designed with intricate details and security features typical of U.S. currency, the 1950D STAR $10 Federal Reserve Note features a central portrait of Alexander Hamilton, the first Secretary of the Treasury, on the obverse side. Surrounding Hamilton's portrait are ornamental scrollwork and the denomination "Ten Dollars" prominently displayed. The reverse side of the note showcases a vignette of the United States Treasury building, further symbolizing the financial backbone of the nation.
The 1950D STAR $10 Federal Reserve Note is part of the 1950 series of Federal Reserve Notes, which were issued in various districts across the United States. The "D" in the note's designation indicates that it was printed for the Federal Reserve Bank of Cleveland, Ohio, one of the twelve regional Federal Reserve Banks responsible for regulating monetary policy and overseeing banking operations within its district.
Exact mintage figures for individual series of Federal Reserve Notes are not readily available, as these notes were printed in large quantities based on demand and the needs of the Federal Reserve System. However, the 1950 series of Federal Reserve Notes, including the 1950D STAR $10 note, was produced in significant numbers to support the growing economy and financial transactions of the post-World War II era.
Regarding condition, the 1950D STAR $10 Federal Reserve Note in Almost Uncirculated (AU) condition exhibits minimal signs of wear and handling, with most of the original crispness and detail of the design still intact. While there may be some slight folds or creases, overall, the note remains in excellent collectible condition.
Collectors and numismatists often seek out STAR notes due to their unique designation and the added interest they generate among enthusiasts. STAR notes are replacement notes issued by the Bureau of Engraving and Printing to replace misprinted or damaged currency during the printing process. They are easily identifiable by the star symbol preceding or following the serial number on the note.
In summary, the 1950D STAR $10 Federal Reserve Note offers a captivating glimpse into the history of American currency, reflecting the economic vitality and financial stability of the mid-20th century. Whether viewed as a collectible item, a piece of numismatic interest, or a historical artifact, this note holds enduring value and significance for collectors and enthusiasts alike.