Tate as the Treasurer of The United States and by A.W. All series of 1928 $20 bills were signed by H.T. You can also find “Federal Reserve Note The United States Of America Will Pay To The Bearer On Demand Twenty Dollars” printed on each note. Gold certificates have a gold colored seal and serial number and are worth more than green seal twenties. This phrase does not make 1928 Federal Reserve notes also gold certificates. They read “Redeemable In Gold On Demand At The United States Treasury, Or In Gold Or Lawful Money At Any Federal Reserve Bank.” The above phrase is known as the gold clause. All twelve Federal Reserve banks printed series of 1928 $20 bills.ġ928 twenty dollar bills were a little bit different because they were redeemable in gold. This is because the black seal on the left hand side of the note contains a number (1 – 12) which represents the issuing Federal Reserve bank. Series of 1928 twenty dollar green seals are sometimes called numeral notes. Uncirculated means that the note has never been folded and it looks brand new. ![]() ![]() Truly uncirculated green seal series of 1928 twenty dollar bills can be worth $150 or more depending on the serial number and issuing district. 1928 $20 Federal Reserve notes in circulated condition are very common and typically worth around $35.
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