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Did you know as soon as Kennedy was buried, the United States Notes were pulled out of circulation and destroyed except for samples in the hands of collectors?
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The Full Story
JFK's new "United States Notes" removed from circulation
President Kennedy's new U.S. Treasury notes differed from the Central Bank's Federal Reserve notes in two ways:
- red ink was used for the serial number and seal
- "Federal Reserve Note" was replaced with "United States Note" across the top
All new notes were immediately taken out of circulation following President Kennedy's assassination on November 22, 1963. Federal Reserve Notes continue to serve as the "legal currency" of the nation.
$2 and $5 "United States Notes" issued under President Kennedy's Executive Order. $10 and $20 notes were being printed by the U.S. Treasury when Kennedy was assassinated.
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