I work at a bank and handle money daily but the other day i came across a 1929 Federal Reserve Bank note of $20 in pretty much uncirculated condition. It has bout a 3 millimeter tear on the bottom but thats it. It has a red seal and Bold "E's" over the bill. It seems that a bar on the bottom of the note is covering i think the word treasury. On the top under "the united states of america" it seems that in the same ink of the "E's" "or by like deposit of other securites." Ive looked up info on the internet but cant come across one similiar to that i have. CAN ANYONE TELL ME MORE INFORMATION please. I have some idea of its worth but still and not sure since its in near perfect condition.
2007-07-14 17:15:53 · 2 answers · asked by sp1a3zz 1 in Games & Recreation ➔ Hobbies & Crafts
The tear may put the note into a low grade status. Your note would sell for less than $30 in grade fine and less than $175.00 in grade extra fine. The tear or any folds would take it out of the extra fine category, best bet see a currency dealer or two. Not a coin dealer, unless his showroom has lots of paper money. Someone needs to see it maybe there is a coin club near by that has currency collectors, I know they would help.
2007-07-15 08:01:25 · answer #1 · answered by Taiping 7 · 0⤊ 0⤋
Take it to a currency dealer .
what you have is a National Banknote .
They are very collectible and some bring big money especially the higher denominations.
What is going to hurt the value is the tear in the note ,
2007-07-15 03:39:26 · answer #2 · answered by Anonymous · 1⤊ 0⤋