1934 20 Dollar Bill - Choose by Grade - Random Series 1934 Twenty Dollar Federal Reserve Note - Fr#2054 - Fr#2058

This listing is for one 1934 20 Dollar Federal Reserve Note, as pictured. VF (Very Fine) grade condition. All notes in this listing are 1934 Issue.

Andrew Jackson first appeared on the $20 bill in 1928. Although 1928 coincides with the 100th anniversary of Jackson's election as president, it is not clear why the portrait on the bill was switched from Grover Cleveland to Jackson. (Cleveland's portrait was moved to the new $1000 bill the same year). 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."

The placement of Jackson on the $20 bill may be a historical irony; as president, he vehemently opposed both the National Bank and paper money and made the goal of his administration the destruction of the National Bank. In his farewell address to the nation, he cautioned the public about paper money.

1934 20 Dollar Bill - VF (Very Fine) - New York Issue 1934 Twenty Dollar Federal Reserve Note 1934-A 1934-C - Fr#2055-B 2057B