This United State NOTE is not a Federal Reserve Note ( there is no circular FED seal ). It is not
under the Federal Reserve Bank. It is backed by silver. It was in circulation for only a few months.
President John F. Kennedy invoked Executive Order 11110 on June 1963. President Kennedy was murdered in November 1963. The act is still potentially ready for use by a President, but none have
up since Johnson, Nixon, Carter, Regan, H.W. Bush, Clinton, G.W. Bush, Obama. This Act can be
invoked by a sitting President or sent to Congress.
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