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1929 Type 1 $20 Redwood City California (Fr#1802-1) Fine CH#7279

1929 Type 1 $20 Redwood City California (Fr#1802-1) Fine CH#7279

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$499.99

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This Series 1929 national issued by the First National Bank of San Mateo County at Redwood City, CA is in Fine condition. It is an excellent addition to any collection!

Currency Highlights:
  • These small size national currency notes were issued beginning in early 1929.
  • Housed in an archival quality currency holder.
  • Circulated $20 note from Series 1929.
  • Note is in Fine condition.
  • Face: A portrait of President Andrew Jackson.
  • Back: An engraving of the White House.
  • Friedberg #1802-1.

Protect your product from fingerprints by adding 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 collector’s item to your cart today!

This note was the last of the series of national currency notes that 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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