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Previous tree‐ring–based Northern Hemisphere temperature reconstructions portray a varying amplitude range between the “Medieval Warm Period” (MWP), “Little Ice Age” (LIA) and present. We describe a new reconstruction, developed using largely different methodologies and additional new data compared to previous efforts. Unlike earlier studies, we quantify differences between more traditional (STD) and Regional Curve Standardization (RCS) methodologies, concluding that RCS is superior for retention of low‐frequency trends. Continental North American versus Eurasian RCS series developed prior to merging to the hemispheric scale cohere surprisingly well, suggesting common forcing, although there are notable deviations (e.g., fifteenth to sixteenth century). Results indicate clear MWP (warm), LIA (cool), and recent (warm) episodes. Direct interpretation of the RCS reconstruction suggests that MWP …