The authority of the Federal Reserve Banks to issue notes comes from the Federal Reserve Act of 1913. In 1914, a series of the very first Federal Reserve Banknotes were released.
The first $50 Federal Reserve Note was issued with a portrait of Ulysses Grant and an allegorical figure of Panama between a merchant and battle ship. This modern $2 Bill you received is Genuine Legal Tender United States Currency.
The artists of the Merrick Mint have used an advanced technology over this modern uncirculated United States $2 bill, enhancing it with historical images from the 1914 series of Federal Reserve banknotes, to create this collectible work of art. Your bill is guaranteed authentic.