1929 $100 National Currency Note Chicago PMG VF 20

1929 $100 National Currency Note Chicago PMG VF 20

Introducing the 1929 $100 National Currency Note Chicago PMG VF 20, a historically significant piece of U.S. paper currency. Graded as Very Fine 20 (VF 20) by PMG, this note offers collectors a tangible connection to the pivotal era of American economic history during the Great Depression. Issued by the Federal Reserve Bank of Chicago, this $100 note represents a key part of America's monetary system in the early 20th century.

National Currency Notes, issued between 1863 and 1935, played a critical role in the development of the U.S. banking system. These notes were part of the National Bank Act of 1863, which allowed chartered banks to issue currency backed by U.S. government securities. Each note was backed by the bank that issued it, making them distinct from other forms of currency. With unique designs and issued by specific national banks, these notes have become highly collectible, offering a glimpse into the regional banking system of the time.

Note Specifications:

• Graded PMG as VF 20
• Denomination: $100
• Obverse: Features a portrait of Benjamin Franklin with inscriptions “Federal Reserve Note” and “The United States of America”
• Reverse: Displays Independence Hall with inscriptions “The United States of America” and “One Hundred Dollars”

Secure this rare 1929 $100 National Currency Note Chicago PMG VF 20 today and own a piece of America's financial history. Once you place your order, we will carefully package your items and ship them to your door. Please reach out to us with any product-related questions.