Barr Notes
Do you
own a currency note signed by Secretary of the Treasury Joseph W. Barr?
If so,
congratulations! You are one of just a few lucky people to have this very rare
note. Barr Notes are rare and highly sought-after by currency collectors young and
old. Here’s why.
Official US currency includes the signature of the Secretary of the Treasury, current at the time of printing.
Joseph W. Barr became Secretary of the Treasury on December
21st, 1968, just days before the end of the Lyndon B. Johnson
Presidency. Barr’s term as Secretary ended on January 20th, 1969 just
as President Richard M. Nixon took office.
That means that Joseph W. Barr was
the US Secretary of the Treasury for less than one month, just 28 days! This very, very brief 28 day time period
classifies Joseph W. Barr as having the shortest term as Secretary in all of US
history.
What this means for currency collectors is significant because just 5
of the 12 Federal Reserve Districts issued notes bearing his signature and name.
In fact, Barr didn’t begin signing notes until December 23rd 1968,
two days after his appointment began. Barr’s signature stopped appearing on US
currency on the day of Nixon’s inauguration. This exceptional situation – never
seen before nor after – has created an international “feeding frenzy” for these
scarce and valuable notes.
Joseph
Walker Barr was born in Indiana in 1918. He earned a master’s degree
(economics) from Harvard University. Barr was a WWII US Navy veteran (Bronze
Star) and an Indiana-based US congressman (D).
Holding true to his education
and experience in economics, Joseph W. Barr became Chairman of the Federal Deposit
Insurance Corporation (FDIC) in 1963.
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Treasured stocks.com was founded in 1987 to
provide currency enthusiasts and investors with a wide choice of currency
items. The site offers a range of national and international coins and currency
for the value conscious currency collector and investor. Please contact us at
870-670-4255 or email us at jeff@treasuredstocks.com
We look forward to serving you.
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