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Federal Reserve Bank Notes Series 1918

Series 1918 saw a broad expansion of the issue and as a result these notes are relatively common.
For the entire series there are over 14,000 notes known to exist making this fertile ground for a collector.
The largest share of these notes are the $1.00 and $2.00 denomination which are readily available.
These notes did come in replacement form so those are always interesting and eagerly sought.

1918 $1.00 Federal Reserve Bank Note. Nickname: The Flying Eagle. 1918 $1.00 Federal Reserve Bank Note
There are close to 10000 Series 1918 $1.00 notes known to exists making this a very common note.
The note features a strong eagle on the back giving the note the nickname Flying Eagle.
A full range of values on this note would be from $25 for rag up to about $1300 for a perfect Gem.
That value could rise if the note was a star note.

1918 $2.00 Federal Reserve Bank Note. Nickname: The Battleship 1918 $2.00 Federal Reserve Bank Note
With over 3000 notes known to exist the type can't be considered rare but it's always in demand.
The note features a scene of a battle ship on the back and is one of the better designs in any federal series.
Because of the battleship these notes are always in demand and a nice example can be costly.
An range of estimate would fall between $200 for a rag to over 5 figures for a Gem replacement note.

1918 $5.00 Federal Reserve Bank Note. 1918 $5.00 Federal Reserve Bank Note
The $5.00 of the series is about half as common as the $2.00 note with fewer than 1500 known.
Because it's design is relatively nondescript it's value is less than the $2.00 even though it's scarcer.
A decent example can be had for a few hundred dollars and the most one could expect to pay would be 5 to 6k.

1918 $10.00 Federal Reserve Bank Note. 1918 $10.00 Federal Reserve Bank Note
The rarity jumps through the roof with the $10.00 in the series with less than 130 known.
Only four districts issued and they are all about evenly known to exist.
These are Chicago, New York, Atlanta and St. Louis.
Because of their rarity these notes can be pricey. A range of values would be from $600 to $12,000.

1918 $20.00 Federal Reserve Bank Note. 1918 $20.00 Atlanta Federal Reserve Bank Note
A super tough note only issued in Atlanta and St. Louis, less than 70 are known.
The serial number #1 from Atlanta sold for $45.00 in 1946. Today the note would bring five figures.
St. Louis is the tougher district with only 1/3rd the total known.
A full range of values would be from $2500 to $30,000.

1918 $50.00 Federal Reserve Bank Note. 1918 $50.00 Federal Reserve Bank Note
The king of the hill in terms of scarcity and value with less than 60 known.
St. Louis was the only district to issue the notes and not many.
This notes range of values would be from $4000 to $40,000.

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