1928 $20 St. Louis Federal Reserve Note Fr. 2050-H PMG 64 EPQ Bold Color Rare
Description:
Offered here is a vibrant Fr. 2050-H $20 Federal Reserve Note from the 1928 series, issued by the Federal Reserve Bank of St. Louis (district letter “H”). Graded PMG Choice Uncirculated 64 EPQ, this early small-size note stands out with blazing ink colors and exceptionally fresh paper surfaces, hallmarks of notes that retain their original quality straight from the presses.
The 1928 $20 FRNs were the first small-size $20 Federal Reserve Notes issued in the United States and bear the distinctive numeric district seal and identifiers, which were later replaced by letter-based systems. These early notes are highly collectible due to their limited issue and transitional design, with ornate engraving details, a bold green Treasury Seal, and the powerful portrait of Andrew Jackson at center left.
The Exceptional Paper Quality (EPQ) designation from PMG confirms that this note has not been pressed, cleaned, or tampered with—an especially desirable trait for small-size collectors. Crisp margins, sharp impressions, and brilliant original colors further elevate its status as a top-tier example from this tough series.
Collector’s Value:
Early small-size Federal Reserve Notes from the 1928 series are treasured for their low print runs, distinctive design features, and historical role in the modernization of U.S. currency. This high-grade St. Louis $20, boasting EPQ status and outstanding visual appeal, is a premium acquisition for collectors seeking rare district notes or high-grade early small-size types.
