Federal Reserve Bank Notes differ from Federal Reserve Notes in that they are backed by one of the twelve Federal Reserve Banks, rather than by all collectively. This $20 note was issued by the Federal Reserve Bank of Dallas.
- They have brown seals and serial numbers.
- Each note comes housed in an archival quality currency sleeve.
- All small size Federal Reserve Bank Notes are from the 1929 series.
- Fr. 1870-K.
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.
Currency -- why buy Currency from APMEX?Currency such as Federal Reserve Notes, Silver Certificates, Gold Certificates and Legal Tender Issues are all popular collectibles and a nice addition to any numismatic collection. Call our Account Managers toll free at (800) 375-9006 or to chat live with our product expert. APMEX is where to buy Precious Metals! Also, you can come to us when it is time to sell Gold, Silver, Platinum, Palladium, and Currency.
|Mint Mark:||K - Dallas|
|Metal Content:||0 troy oz|
|Manufacturer:||Bureau of Engraving & Printing|