Large Size Federal Reserve Notes $20 Fr-952a to Fr-1011c

Large Size-Federal Reserve Notes

Large Size Federal Reserve Notes (FRNs) were issued under the Federal Reserve Act, Dec. 23, 1913. All denominations from $1 to $10,000 were issued to all 12 Federal Reserve Banks.

The first series was the issue of 1914 and was issued with Red Seal and Blue Seals. They were issued in denominations of $5, $10, $20, $50 and $100. The Red Seals are a lot more valuable than the Blue seals.

The second issue was the series of 1918. It featured a Blue Seal and was in denominations of $500, $1,000, $5,000 and $10,000.

  • $500 bears a portrait of John Marshall
  • $1,000 bears portrait of Alexander Hamilton
  • $5,000 bears a portrait of our 4th President James Madison. (8 are known)
  • $10,000 bears a portrait of Salmon Portland Chase. (4 are known)

The main difference of the Federal Reserve Notes was that the obligation to pay the bearer was borne by the United States Treasurer, not the individual banks. Whereas the Federal Reserve Bank Notes was obligated to pay the bearer on its notes, not the US Government.

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The Bureau of Engraving and Printing's (BEP) takes you to the official government site of the BEP for some interesting information and facts on all of our US currency.

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The American Numismatics Association (ANA) is a professional organization for those who want to further learn about US coins and currency.

PMG and PCGS are the only two TRUE independent currency-grading services available. I highly recommend these two companies for those of you who want to get their currency certified and graded for insurance purposes or simply, a peace of mind.

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22 Notes Found

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Fr.-990* 1914 $20 Chicago FRN Star Ser. # G262604* VF
This is a nice example of the Fr.-990* or a 1914 $20 FRN star from the Chicago district. The serial number is G262604*. It is a decent F/VF note with ...
Added: 1/1/2010 Views: 4570 Price: SOLD

Fr.-990* 1914 $20 FRN Star Ser. # G218011* VF
Here is a very nice and solid VF 1917 $20 FRB star from Chicago. The serial number is G218011*...
Added: 1/1/2010 Views: 4610 Price: SOLD

Fr.-990* 1914 $20 FRN Star Ser. # G238570* Raw
This is a Fr.-990* or a 1914 $20 FRN Star note from Chicago. The serial number is G238570*. You can see that it has never been cleaned. It could proba...
Added: 1/1/2010 Views: 4611 Price: SOLD

22 Notes Found

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