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FEDERAL RESERVE BANK
OF N E W YORK

[Circular No. 3301
L December 28, 1920 J

Cash Department

New Counterfeit $10 Federal Reserve Note
To All Banks, Trust Companies and Savings Banks
in the Second Federal Reserve District:
Your attention is directed to another new counterfeit $10 Federal Reserve note
described by the Secret Service Division of the Treasury Department in its circular
letter No. 457 as follows:
" O n the Federal Reserve Bank of New York; check letter *B'; face
plate N o . 497; D . F . Houston, Secretary of the Treasury; John

Burke,

Treasurer of the United States; portrait of Jackson.
"This counterfeit is made with

photographic

face and etched

back,

on fair quality of paper, without silk threads or imitation of them.

The

lathe work is poor, most of it appearing as solid color instead of the fine
lines of the genuine.
photograph.
underneath

The face

of

the note has the gray tint of

the

The number of the notes so far seen is B78248414A, and
the number in the lower left hand end of the note is an

irregular blue line.
" T h i s counterfeit will deceive those not accustomed to examine their
money."




Very truly yours,
J.

H.

CASE,

Acting Governor