This series 1929* $20 National Currency note (FRBN) is from the Philadelphia district. A nice Very Fine example with no distractions. This note is a ★ note with a very low serial number.
- Brown seals and serial numbers.
- STAR note with a very low serial number.
- Housed in an archival quality currency sleeve.
- Very Fine condition.
- Face: A portrait of Andrew Jackson.
- Back: Depicts a facade of the White House.
- All small size Federal Reserve Bank Notes are from series 1929.
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Jones/Woods signatures—Friedberg #1870-C*.
Small size Federal Reserve Bank Notes were printed as an emergency issue in 1933 using the same paper stock as National Bank Notes. They were printed in denominations of $5 through $100. A National Bank Note has a line for the national bank's president's signature. The small size Federal Reserve Bank Note printed a bar over the label for this line since Federal Reserve Banks had governors, not presidents. The wording also was changed to add, "Or by like deposit of other securities" after the phrase, "Secured by United States bonds deposited with the Treasurer of the United States of America". The twelve Federal Reserve Districts also appear on the bills as black alphabetically sequenced letters, from "A" to "L", a system essentially followed today on the $1 bill.