20 1928B DGS BOSTON PCGS 66PPQ LOW POP MONEY 2
Paper Money: US >>> Small Size Notes >>> Federal Reserve Notes
$20 1928B DGS BOSTON PCGS 66PPQ LOW POP MONEY #2 of 3
MIDDLE OF 3 SEQUENTIAL CONSECUTIVE 80 YR OLD COOL GEMS
$20 1928B DGS BOSTON PCGS 66PPQ LOW POP MONEY #2 of 3
Start Price USD 0.01
Current Price USD 131.50
Time Left -
Bid Count 10
Buy It Now Price -
Reserve Price -
Start Time Friday, August 29, 2008
End Time Monday, September 08, 2008
Location east coast

See more about '$20 1928B DGS BOSTON PCGS 66PPQ LOW POP MONEY #2 of 3'

Description
Quality, beauty, and originality in the age of opportunity! The height of desirability includes fat margins, crisp bright lilly white paper, deep dark inks, surreal cameo portrait, popular district location, deep packer embossing, certification, and eye popping curb appeal. back image at http://i291.photobucket.com/albums/ll320/08833/Scan10598.jpg The United States twenty-dollar bill ($20) is a denomination of United States currency. U.S. President Andrew Jackson is currently featured on the front side of the bill, while the White House is featured on the reverse side, which is why the twenty-dollar bill is often called a "Jackson". The twenty-dollar bill in the past was referred to as a "double-sawbuck" because it is twice the value of a ten-dollar bill, which was nicknamed a "sawbuck" due to the resemblance the Roman numeral for ten (X) bears to the legs of a sawbuck, although this usage is far less common today than it was in the early 20th century.[1] The twenty dollar gold coin was known as a "double eagle". Rather than a nickname, this nomclemature was specified by an act of congress. The twenty-dollar bill is the primary banknote (and in most cases, the only banknote, as it would increase costs to make ATMs compatible with other bills) dispensed by ATMs in the United States as well as the primary bill used for withdrawals or cashing checks. It is, therefore, the highest denomination note most commonly used by Americans on an everyday basis. The Bureau of Engraving and Printing says the "average circulation life" of a $20 bill is 25 months (2 years) before it is replaced due to wear.[2] Approximately 22% of all notes printed today are $20 bills. Twenty-dollar bills are delivered by Federal Reserve Banks in violet straps. Federal Reserve history Jackson first appeared on the twenty dollar bill in 1928. It is not clear the reason the bill was switched from Grover Cleveland to Andrew Jackson. According to the U.S. Treasury, "Treasury Department records do not reveal the reason that portraits of these particular statesmen were chosen in preference to those of other persons of equal importance and prominence."[3] The placement of President Andrew Jackson on the $20 bill may be a historical irony; as president, Jackson vehemently opposed both the National Bank and paper money and made the goal of his administration the destruction of the National Bank.[4][5] In his farewell address to the nation, he cautioned the public about paper money.[6] 1914: Began as a large-sized note with a portrait of Grover Cleveland on the face, and, on the back, a steam locomotive approaching from the left, and a steamship approaching from the right 1928: Switched to a small-sized note with a portrait of Andrew Jackson on the face and the south view of the White House on the reverse. The banknote is redeemable in gold or silver (at the bearer's discretion) at any Federal Reserve Bank. 1934: The obligation is changed. The bill is no longer redeemable in gold, but rather in "lawful currency". This is due to the U.S. being taken off of the gold standard. "Lawful currency" in this case means silver. 1943: A special emergency series, with brown serial numbers and "HAWAII" overprinted on both the front and the back, is issued. These notes are designed to circulate on the islands, and be deemed invalid in the event of a Japanese invasion. 1948: The White House picture was updated to reflect renovations to the building itself as well as the passage of time. Most notably, the trees are larger. 1950: Design elements like the serial numbers are reduced in size and moved around subtly, presumably for aesthetic reasons. 1963: "Redeemable in Lawful Money" is replaced by "In God We Trust". The two acts (one taking U.S. currency off silver backing, and the other authorizing the national motto) are coincidental, even if their combined result is implemented in one redesign. Also, several design elements are rearranged, less perceptibly than the change in 1950, mostly to make room for the slightly rearranged obligations. 1969: The new treasury seal appears on all denominations, including the $20. 1977: A new type of serial-number press results in a slightly different font. The old presses are gradually retired, and old-style serial numbers appear as late as 1981 for this denomination. 1990: Anti-counterfeiting features are added: microprinting around the portrait, and a plastic strip embedded in the paper. September 24, 1998: Received a completely new appearance to further deter counterfeiting; the picture of the White House was changed to the north side view. A larger, off-center portrait of Jackson was used on front, and several anti-counterfeiting features were added, including color-shifting ink, microprinting, and a watermark. The plastic strip now reads "USA 20" and glows green under a black light. October 9, 2003 The current series of 20 dollar bills is released with light background shading in green and yellow, and no oval around Andrew Jackson's portrait (background images of eagles, etc. were also added to the front); the back is the same view of the White House, but without the oval around it. Many tiny, faint "20"s are scattered on the back in yellow as a "EURion constellation" to prevent photocopying. The first issue's series date is 2004 with Marin-Snow signatures.  Unmade bills Several unmade twenty-dollar bills are known. Most are similar in design to the ones described above, with the only difference being certain obligations. For example, a silver-certificate variety of the 1928 style Federal Reserve Note is known in the proof stage, with blue serial numbers. More interesting examples include a 1923 Federal Reserve Note, with Grover Cleveland as on the Series of 1914, but different border elements, an 1873 National Bank note whose design is unknown, and also an 1896 Silver Certificate. Tom Flynn has been a familiar face to nearly everyone in the currency field for more than four decades. He started collecting United States currency in the mid-1960’s and expanded his collecting focus to include Canadian currency a few years later. Unlike most collectors of his day, who were content to collect by seal type or signature combination, Tom’s horizons were much wider, as he soon decided his goal would be to own an example of every United States note issued by Friedberg number and every Canadian note issued by Charlton number. While no collection can ever be complete, Tom pursued his dream with passion for more than four decades, with truly marvelous results.Comprising over one thousand notes encompassing nearly every Friedberg number from 1 through 1225, Tom’s large size note holdings include a plethora of rarities. A listing of highlights would be far too numerous to mention, however, the range of notes is spectacular, from a high grade $100 Watermelon pedigreed to the collection of Amon Carter, Jr., to a $50 National Gold Bank Note, which, by coincidence, was obtained directly from Amon over thirty years ago. Of special mention is Tom’s complete set of large size Federal Reserve Bank Notes by Friedberg number, the only complete set that has ever been assembled by any collector. Unlike many type note collectors, Tom also acquired National Bank Notes by Friedberg number. Included in his collection are a host of numbers that are simply never seen, with many coming from populations of under five or seven pieces. Tom was known as a specialist in small size notes, and this section of the collection is replete with rarities as well. From the 1933 $10 Silver Certificate with fancy serial number 999 to the many low number Federal Reserve Bank Notes, small size collectors will have a field day in obtaining trophy items which have been off the market for decades. While Tom never made an attempt to acquire star notes by Friedberg number, a significant number of rare stars will be offered as well, including such items as an uncirculated $1 1928D Silver Certificate, and an R and S star pair as well.    

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11/21/2008 10:00:36 PM