For smaller denominations, such as the $1 and $2 bills, a seal identifies the Federal Reserve Bank. What Is the Difference Between a Federal Reserve Note and a United States Note? A U.S. Note was ...

Look for the District letter (A–L) and number (1–12) on the front left side of the note below the serial number. On older series notes, as well as $1 and $2 notes, you’ll find the District letter ...

These notes were distinct for their red seal and serial numbers. It wasn't until 1913 that the Federal Reserve began printing its own notes. Both United States Notes and Federal Reserve Notes were ...

Many of us probably weren’t aware that the left-hand seal on our money means that if that particular Federal Reserve Bank can’t cover that note, commercial banks would have to step in.

Illustration: Jacob Reynolds Another uncomfortably high inflation reading for September is likely to keep the Federal Reserve on track to increase interest rates by 0.75 percentage point at its ...