1929 Type 2 $20 Pensacola, FL CH CU-63 PPQ PCGS(Fr#1802-2)CH#5603

1929 Type 2 $20 Pensacola, FL CH CU-63 PPQ PCGS(Fr#1802-2)CH#5603

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This series 1929 National Currency note from Pensacola, Florida has been certified Choice Uncirculated-63 PPQ by PCGS Currency. A great centerpiece to any small size currency collection!

Currency Highlights:
  • These small size National Currency notes were issued beginning in early 1929.
  • Housed in an archival quality Mylar sleeve by PCGS Currency.
  • Certified as Choice Uncirculated-63 PPQ by PCGS Currency.
  • Premium Paper Quality.
  • Face: A portrait of President Andrew Jackson.
  • Back: An engraving of the White House.
  • Friedberg#1802-2.
  • Charter# 5603.

Don't handle your currency with bare hands. To avoid damage from the oils in your skin add these cotton gloves 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 collectors item to your cart today!

This series 1929 $20 National Note was issued by The National Commercial Bank and Trust Company of Albany New York originally chartered in 1865. There are only 92 small size notes known in Kelly. Although this is considered common in terms of Nationals, this one is quite elusive at this level of preservation!

The last series of National Currency Notes were 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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