1914 (D-Cleveland) $20 FRN VF-25 PCGS (Fr#976)

• The first of the Federal Reserve Notes issued for general circulation.
• Housed in an inert mylar PCGS currency holder.
• Certified Very Fine-25 by PCGS Banknote Company.
• Last printed in 1928.
• Face: Features the portrait of President Cleveland.
• Back: Showcasing steam powered transportation, a steamboat and locomotive.
• Signature combination of Burke/McAdoo - Friedberg #976

This large size twenty has great eye appeal and a captivating reverse showcasing transportation imagery, including a locomotive and steamboat. Add this great collectible note to your cart today!

Series 1914 Federal Reserve Notes were the first of this type issued after the Federal Reserve Act passed in 1913. This established the banking system and uniform currency that exists to this day. Denominations from Five Dollars through Ten Thousand Dollars, and districts A through L, (Boston through San Francisco) were established. The reverse design highlights the importance of transportation and commerce in early 20th-century America, depicting a train and steamboat as symbols of the nation's expanding economy and industrial progress. As one of the first Federal Reserve issues, this note offers collectors a remarkable connection to the origins of the Federal Reserve System and a transformative period in American history.