1929 (C-Philadelphia) $20 Brown Seal FRBN AU (Fr#1870-C)
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Currency Highlights:
Handle your currency with care by adding these cotton gloves to your order.
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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 $5.00 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 $1.00 bill.
This series 1929 $20 National Currency note (FRBN) is from the Philadelphia district. A nice About Uncirculated example with no distractions.
Currency Highlights:
- All small size Federal Reserve Bank Notes are from series 1929.
- Notes will be housed in an archival quality currency sleeve.
- Graded About Uncirculated.
- Jones/Woods signatures—Friedberg #1870-B.
- Face: A portrait of Andrew Jackson.
- Back: Depicts a façade of the White House.
Handle your currency with care by adding these cotton gloves to your order.
Add this great conversation piece to your cart today!
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 $5.00 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 $1.00 bill.
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