CURRENCY
Federal Reserve Bank of Chicago National Currency Twenty Dollars 1929
Key Facts & Value
Key Fact
Description
A 1929 Federal Reserve Note from the Chicago district, featuring Andrew Jackson on the obverse and the White House on the reverse. This currency was printed by the Bureau of Engraving and Printing. The note has a certificate number and serial number of G01282240A and is denominated as twenty dollars. Its composition is paper.
History
Issued during the Great Depression, this Federal Reserve Note from the 1929 series represents a critical period in American economic history. The Federal Reserve Banks were established to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Bureau of Engraving and Printing has been responsible for producing U.S. currency since 1862.
Facts
This note is an example of 'large-size' currency, which was replaced by smaller notes in 1928. The serial number's prefix 'G' indicates it was issued by the Federal Reserve Bank of Chicago. The portrait of Andrew Jackson, the seventh U.S. President, is a recurring figure on U.S. currency. The reverse features the iconic White House.
Value Fact
The value of 1929 Federal Reserve Notes varies greatly depending on the condition, rarity, and specific Federal Reserve Bank. Notes from prominent banks or those in higher grades can command significant premiums. This particular note, due to its age and potential wear, would be assessed by collectors based on its circulated state and any unique characteristics it may possess.
Item Details
Official Details
Variation Details
ttk003 Details
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