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FEDERAL RESERVE BANK
OF NEW YORK
[Circular No. 722]
[.April 22, 1926J

Cash Department

New Counterfeit

To all Banks, Trust Companies and Others Concerned
in the Second Federal Reserve District:

The Treasury Department in its circular letter No. 576 describes a new
counterfeit as follows:
$10 United States Note (Buffalo Head)
Series 1901; check letter " D " ; face plate number indistinct; back plate number
not discernible; H. V. Speelman, Register of the Treasury; Frank White, Treasurer
of the United States; portraits of Lewis and Clark.
This counterfeit is printed from poorly etched plates on one sheet of paper on which
a few ink lines have been traced to imitate the genuine silk fibre, being similar in workmanship to the note described in Circular Letter No. 573*, except that the check letter
has been changed from " A " to " D ' \ The seal and serial number are printed in dull
red and the general appearance of the note is smudgy, face and back, the finely etched
lines in the portraiture and scroll work being destroyed in the printing process. The
specimen at hand bears serial number E 595 70136.
This counterfeit should be readily detected by careful handlers of currency.
Very truly yours,
B E N J . STRONG,

Governor.

• Reference to Federal Reserve Bank of New York Circular No. 708.