1928 B $20 Federal Reserve Note New York PMG VF 30 EPQ

1928 B $20 Federal Reserve Note New York PMG VF 30 EPQ

Add an early small-size classic to your currency collection with the 1928 B $20 Federal Reserve Note New York PMG VF 30 EPQ. This Series 1928B $20 note was issued for the New York Federal Reserve district and has been graded by PMG as Very Fine 30 with the desirable Exceptional Paper Quality (EPQ) designation. The face displays a portrait of Andrew Jackson, while the reverse features the White House. Like all Series 1928 notes, it still carries the gold-clause wording that allowed redemption in gold on demand — a feature that ended after the United States left the gold standard.

Series 1928 Federal Reserve Notes introduced the modern small-size U.S. currency format still used today. Released beginning in 1929, these notes standardized design and size across denominations. The 1928B series reflected signature changes and the shift to letter designations in the Federal Reserve seals. New York district notes from this era remain popular among collectors for their connection to the nation’s largest financial center and for representing the final years of gold-backed paper money.

Note Specifications:

• Series: 1928
• Denomination: $20
• Graded VF 30 EPQ
• Graded by PMG (Paper Money Guaranty)
• Obverse: Portrait of Andrew Jackson.
• Reverse: Image of the White House.

Why Purchase from Bullion Exchanges?

• Competitive pricing on graded U.S. currency
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Collectors seeking early small-size currency will appreciate the combination of solid grade, Exceptional Paper Quality, and the historical significance of a gold-clause New York district note from the 1928B series. With its classic design, original paper surfaces, and connection to the final years of gold-backed Federal Reserve Notes, it stands as a worthwhile addition for both beginning and advanced paper money enthusiasts.

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