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US Currency

1347

1928, $20 Federal Reserve Note. San Francisco

.

Fr-

2050-L

. PCGS graded Super Gem New 67PPQ. Pop 2 with none

finer. Perfect centering, nice dark inks and impressive emboss-

ing all add up to being tied as the

finest known San Francisco

issued 1928 note.

Estimated Value .............................................. $2,000 - 2,500

1348

1928-A, $20 Federal Reserve Note Boston

.

Fr-2051-A

.

This note clearly shows original embosing and has no discern-

able defects that we can through the holder. Series 1928-A

notes are far scarcer than the 1928 notes. As the hobby

matures, collectors will someday pay larger premiums for this

issue. Only 35 examples reported of the 1928-A series as

opposed to 295 examples on the regular 1928 $20 from Boston.

CGA graded Gem Uncirculated 65=

.

Estimated Value ................................................. $800 - 1,000

1349

1928-A, $20 Federal Reserve Note. PCGS Very Fine

30PPQ

.

Fr-2051-G

. A Chicago district $20 with moderate cir-

culation but fully original paper and excellent eye appeal, with

no mentionable flaws whatsoever for the grade.

Estimated Value ....................................................$100 - 125

1350

1928-B, $20 Federal Reserve Note. DGS Pair. PCGS

About New 53PPQ and Very Fine 30PPQ

.

Fr-2052a-G

.

This pair of dark green seal $20s from Chicago display two dif-

ferent color shades of the Treasury seal. The lower grade piece

has a slightly lighter seal color, which, while not light enough to

qualify as an LGS variety, clearly is of a transitional seal color

and could be designated as such. Lot of 2 notes.

Estimated Value ....................................................$125 - 175

1351

1928-B, $20 Federal Reserve Note. PCGS Extremely Fine

40PPQ

.

Fr-2052a-H

. A fully original St. Louis DGS example,

with three folds that define the grade but plenty of embossing,

excellent eye appeal, and overall aesthetic merit to spare.

Estimated Value ....................................................... $70 - 90

1352

1928-C, $20 Federal Reserve Note. LGS. PCGS Very Fine

25PPQ

.

Fr-2053-G

. This is a pleasing, fully original circulated

example of a very scarce series which was printed for only two

district banks, Chicago and San Francisco. While this Chicago

$20 is from the more "common" of the two districts, it is in an

uncommon state of preservation--a completely original and

problem-free note in a moderately circulated grade. Undoubt-

edly a note that will receive quite a bit of interest from collec-

tors, and one that will likely inspire spirited bidding before the

hammer falls as there simply aren' t enough notes from this

series available, with this quality of preservation in a mid-range

circulated grade, to meet collector demand.

Estimated Value ................................................... $500 - 700

1353

1934-A, $20 Federal Reserve Note. Mule Star Note.

PCGS Extremely Fine 40PPQ

.

Fr-2055m-G*

. A very scarce

star note from the Chicago district, particularly in higher grades.

This example is lightly circulated but retains excellent originality

and eye appeal.

Estimated Value ................................................... $350 - 450

1354

1934-A, $20 Federal Reserve Note. Mule. PCGS Gem

New 65PPQ

.

Fr-2055m-G

. A gorgeous Chicago district $20,

with bold embossing and excellent margins.

Estimated Value ................................................... $100 - 125

1355

1950-B, $20 Federal Reserve Note. PCGS Gem New

66PPQ

.

Fr-2061-G

. Outstanding originality and broad, even

margins enhance the appeal of this Gem from Chicago.

Estimated Value ................................................... $100 - 125

1356

1950-B, $20 Federal Reserve Note. Star Note. PCGS

Extremely Fine 40PPQ

.

Fr-2061-G*

. A few light folds define

the grade on this lightly circulated and fully original Chicago $20

star note.

Estimated Value ..................................................... $75 - 100

1357

1950-B, $20 Federal Reserve Note. Star Note. PCGS Fine

15

.

Fr-2061-I*

. A solid circulated example of this scarce Min-

neapolis district star note.

Estimated Value ..................................................... $90 - 120