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04 October, 2020

.The United States of America - $1 Dated 1995 Web Note

United States of America

Federal Reserve System
Currency - Dollar (USD)

This is the one and only web note I have in my entire collection, in any conditions. This one I have is a Cleveland print and is in uncirculated condition.

Traditional banknotes are printed on a sheet of paper banknote (sheet-press fed). This is then cut into single notes. The number of notes contained in a sheet is all depending on the individual size of the designed note. A sheet can be cut into 32, 40, 45 or even more if the banknote size is relatively small. The larger the size of the note, the lower the number of individual notes can be printed on.

So, what is a web note (or web-press fed note)? A web note is where the banknote is printed on a continuous roll of banknote paper rather than on a sheet by sheet basis. The paper is fed off from a large roll of paper and then continuously fed from one end and gets printed on it without stopping, just like printing a newspaper. The Federal Reserve started this experimental printing in 1988. Only the $1 notes were printed this way and the years printed were 1988A, 1993 and 1995. The $1 note was not printed in 1990. This experimental printing was scrapped in 1996 due to too many errors or damages from the printing process.

The easiest way to tell if you have a web note or not is by looking at the reverse side of the note. On the back you will find the words - "IN GOD WE TRUST" in bold printed on the top center (just above the big word "ONE" [as in one dollar]). Next to these words "In God We Trust" you will find either a single/double digit number printed next to it. In this post the number on this note is "9". If you find any $1 notes with a number next to it, then you have a web note in your hand. 

Printed on the front is also slightly different too. The web note does not have the plate position printed in the top left area (blank) and the plate position letter is also missing at the bottom right of the note. 

I have no information as to how many varieties were printed but till today after so many years, you can still find some selling at a very reasonable price in uncirculated condition. Of course there are some rare prints too and will not come cheap. Unfortunately I have no idea how to tell if one is more valuable than the other. There are still plenty of used ones in circulation too, if you are living in the USA.

Below I have posted two 1995 notes for comparison purposes. The top note is a web note and the bottom one is not. Both notes are in uncirculated condition. As for the web note that I have posted here, I believe approximately 6.4 million pieces were printed for the D64000000C to D70400000C range, printed in November 1995.

Signatures
Treasurer - Mary Ellen Hinamon Withrow (1994-2001); and 
Secretary to the Treasury - Robert Edward Rubin (1995-1999)
Size -156mm x 61mm

One Dollar (Web-Press Note)
Dated 1995, web-press note, President George Washington
One Dollar (Sheet-Press Note)
Dated 1995, normal note, President George Washington
Reverse - web-press note, Eye of Providence, Great Seal of USA
Reverse - normal note
Footnote➥
Unfortunately I do not have the same US Federal Reserve sheet-press note (4-D Ohio Cleveland) to compare with. As you can see, the quality from the web-press note is not as good as those sheet-press notes. The print on the front is slighter off centered and the quality of print is not as strong as the sheet-press note. Perhaps this is the odd note I have as I have no others to compare this with.

There are 12 Federal Reserve Bank main offices located around the United States of America. Each banknote is printed with a single/double number (district) and an alphabet indicating where the note was printed. Below are the district numbers, the letters and the 12 locations;-

1-A Boston; 2-B New York City; 3-C Philadelphia; 4-D Cleveland; 5-E Richmond; 6-F Atlanta; 7-G Chicago; 8-H St Louis;  9-I Minneapolis; 10-J Kansas City; 11-K Dallas and 12-L San Francisco.

Needless to say, if you want to collect a full set of any denomination, you will have to get all the 12 prints.

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