1929 Type 1 $20 San Francisco, CA VF (Fr#1802-1) CH#13044
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Currency Highlights:
Protect your Small Size Currency by adding a protective currency holder to your order.
Since over 12,000 banks were chartered and issued notes, these issues have become highly sought after by collectors. Add this nice collector’s item to your cart today!
The Bank of America National Trust and Savings Association of San Francisco, California has Charter #13044. This note was the last of the series of National Currency Notes that was first issued in 1863. This type was conceived by Secretary of the Treasury Salmon P. Chase who devised a system of nationally chartered banks. Individual banks purchased U.S. government bonds and deposited them with the comptroller of the currency. For up to 90% of the profit, the comptroller would authorize the production of notes bearing the individual bank’s name.
An excellent note with extremely nice premium paper quality still intact. Very nice note for the grade.
Currency Highlights:
- Small size National Currency issued beginning in early 1929.
- Housed in an archival quality currency sleeve.
- Graded Very Fine.
- Face: A portrait of President Andrew Jackson.
- Back: An engraving of The White House.
Protect your Small Size Currency by adding a protective currency holder to your order.
Since over 12,000 banks were chartered and issued notes, these issues have become highly sought after by collectors. Add this nice collector’s item to your cart today!
The Bank of America National Trust and Savings Association of San Francisco, California has Charter #13044. This note was the last of the series of National Currency Notes that was first issued in 1863. This type was conceived by Secretary of the Treasury Salmon P. Chase who devised a system of nationally chartered banks. Individual banks purchased U.S. government bonds and deposited them with the comptroller of the currency. For up to 90% of the profit, the comptroller would authorize the production of notes bearing the individual bank’s name.
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