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1934 C Twenty Dollar Bill. New To Paper Currency Any Help Appreciated

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CharPDX214's Avatar
United States
113 Posts
 Posted 05/12/2023  8:58 pm Show Profile   Bookmark this topic Add CharPDX214 to your friends list Get a Link to this Message Number of Subscribers
A friend of mine that works in an industry that deals with cash often found this when counting and traded it to me for one of my modern twenties. I don't know much about old paper currency so if anybody sees anything out of the ordinary, please let me know. Thank you for looking and hope everybody has a good weekend.
1934-C-Twenty-Dollar-Bill.-New-To-Paper-Currency-Any-Help-Appreciated
1934-C-Twenty-Dollar-Bill.-New-To-Paper-Currency-Any-Help-Appreciated
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Coinfrog's Avatar
United States
94367 Posts
 Posted 05/12/2023  9:55 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
This note would not carry any premium in this condition, I believe.
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Dearborn's Avatar
United States
94672 Posts
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 05/13/2023  03:51 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply

Quote:
pretty nice 90 year old note.

The series date can be deceiving. This note was actually printed between 1946 and 1949, making it closer to 75 years old. It was heavily circulated, took a long vacation as someone's stash, and re-released into the wild. Cool find but as Mr.Frog mentions above, most serious collectors would want a nicer example in their collection.
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CelticKnot's Avatar
United States
12808 Posts
 Posted 05/13/2023  5:55 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
The experts know what they're talking about. I am pretty impressed with it and would likely keep it since I don't have any notes like that, but yeah, it would just be a placeholder at that point. And at $20 your money is probably better used elsewhere in your collection. I would struggle to heed my own advice there.
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ckrakowski's Avatar
978 Posts
 Posted 05/13/2023  6:12 pm  Show Profile   Bookmark this reply Add ckrakowski to your friends list Get a Link to this Reply
That is the redesigned back version.

The original back called it White House not The White House.

Also the original back had less trees and bushes on the sides.
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beerandchips's Avatar
United States
32 Posts
 Posted 05/14/2023  1:10 pm  Show Profile   Bookmark this reply Add beerandchips to your friends list Get a Link to this Reply
Nice find! It is hard to find that note in the wild. I have been trying to get a "low rent" collection for display. I get notes from bank tellers at face value. There have been 10 designs for the $20 FRN. I can get VF examples back 4 designs, to the new Treasury Seal of 1969 series (7th design). That 34C is the 4th design since the FRN started in 1928.
I put the notes into a binder with the 4-pocket note holder. It is neat to see how the designs have changed over the years. When I show them to people, they usually say they never noticed that the notes have been changing over the years. :)
It seems you have an "in" to get older notes. If you don't want to start a collection, you might get a couple dollars over face value for that note from someone who likes older notes. Check each one you get because some of could end up being worth more.
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 Posted 05/14/2023  2:41 pm  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
fun find, even if the market for circulated notes is thin

$20 during the 1940s is, after inflation, about $500 today, which helps explain why people don't keep lots of money in notes
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 05/14/2023  3:29 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply

Quote:
The original back called it White House not The White House. Also the original back had less trees and bushes on the sides.

I believe the most significant change to the engraving was the addition of the second-floor balcony to the White House.
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CharPDX214's Avatar
United States
113 Posts
 Posted 05/14/2023  4:29 pm  Show Profile   Bookmark this reply Add CharPDX214 to your friends list Get a Link to this Reply
Thank you for all the information given in the comments. I am one of those people that only saw the number on the bill and never paid any attention to the details in the designs until now. I will hold on to this one. Hopefully more come my way in the near future.
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jbuck's Avatar
United States
187569 Posts
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Coinfrog's Avatar
United States
94367 Posts
 Posted 05/15/2023  10:52 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Steve calls it - the "Truman balcony".
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