1929 (E-Richmond) $20 Brown Seal FRBN Fine (Fr#1870-E)

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Currency Highlights:
Protect your Small Size Currency by adding a protective currency holder 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 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.
This series 1929 $20 National Currency note, FRBN, is from the elusive Richmond district. Nice note for a currency type set!
Currency Highlights:
- Features brown seals and serial numbers.
- Housed in an archival quality currency sleeve.
- Graded 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.
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 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.
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