An interesting aspect of these 1928 notes is their redemption wording which states, "Redeemable in Gold on Demand at the United States Treasury, or in Gold or Lawful Money at any Federal Reserve Bank." No note since 1928 has carried this redemption.
- These $20 FRN's were issued beginning in early 1929.
- Notes will be housed in archival quality currency sleeve.
- Graded Very Fine.
- Face: A portrait of President Andrew Jackson.
- Back: An engraving of the White House.
Issued by the San Francisco Federal Reserve Bank which is sought after by collectors. Add this nice collector’s item to your cart today!
Tate/Mellon signatures—Friedberg #2050-L.