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1914 (L-San Francisco) $20 FRN VF (Fr#1011A)

1914 (L-San Francisco) $20 FRN VF (Fr#1011A)

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Series 1914 Federal Reserve Notes were the first of this type issued after the Federal Reserve Act passed in 1913.

Currency Highlights:
  • The first of the Federal Reserve Notes issued for general circulation.
  • Each note comes housed in archival quality currency sleeve.
  • Circulated $20 note from Series 1914 in Very Fine condition.
  • Signature combination of White/Mellon—Friedberg #1011A.
  • Face: Last printed in 1928 and bears the portrait of President Grover Cleveland.
  • Back: Transportation vignettes of a locomotive and a boat.

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Series 1914 Federal Reserve Notes were the first of this type issued after the Federal Reserve Act passed in 1913. This established the banking system and uniform currency that exists to this day. Denominations from $5 through $10,000 and districts A through L (Boston through San Francisco) were established.

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