1929 Type 2 $20 New York, NY VF-35 Details PCGS (Fr#1802-2) CH#29

1929 Type 2 $20 New York, NY VF-35 Details PCGS (Fr#1802-2) CH#29

$1,489.00

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Product Details
This Series 1929 national currency note from New York, NY has been certified VF-35 Details by PCGS Currency. It is 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.
  • Certified as VF-35 Details by PCGS.
  • Face: A portrait of President Andrew Jackson.
  • Back: An engraving of the White House.
  • Friedberg #1802-2.
  • Charter #29.

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 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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