1929 (G-Chicago) $20 Brown Seal FRBN CU-66 EPQ PMG (Fr#1870-G)

1929 (G-Chicago) $20 Brown Seal FRBN CU-66 EPQ PMG (Fr#1870-G)

to zoom

Currently Out of Stock

camera icon Your purchase will match the quality of the product shown.
Product Details
  • Product Details
  • Specifications
  • Sell to Us
Product Details
Federal Reserve Bank Notes differ from Federal Reserve Notes in that they are backed by one of the twelve Federal Reserve Banks, rather than by all collectively. This $20 note was issued by the Federal Reserve Bank of Chicago.

Currency Highlights:
  • All small size Federal Reserve Bank Notes are from series 1929.
  • Notes will be housed in an archival quality currency sleeve.
  • Graded Superb Gem Uncirculated-66 EPQ by PMG.
  • Face: A portrait of President Andrew Jackson.
  • Back: An engraving of the White House.
  • Signatures: Jones/Woods—Friedberg #1870-G.

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.

Not yet rated. Be the first to Write a Review

Satisfaction Guaranteed

We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.

 (0)

There are no items in the cart.