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FEDERAL RESERVE BANK
OF NEW YORK
_ , _

f Circular No. 528

Cash Department

[ January 29, 1923

New Counterfeit $10 Federal Reserve Note
To all Banks, Trust Companies and Savings Banks
in the Second Federal Reserve District:

The Treasury Department in its circular letter No. 513 describes a new
counterfeit $10 Federal Reserve note as follows:
"On the Federal Reserve Bank of New York; check letter 'B'; face plate
No. 639; A. W. Mellon, Secretary of the Treasury; Frank White, Treasurer of
the United States; portrait of Jackson.
"This is a very poor note, printed from zinc-etched or electrotype plates,
on two pieces of paper between which silk threads have been distributed to
imitate the fiber of the genuine.

The coloring of the serial number and seal

is poor, and the workmanship throughout is so crude that it should not deceive
the ordinarily careful handler.

The number of the specimen at hand is

B10656262B."




Very truly yours,
BENJ. STRONG

Governor