I went to an ATM yesterday and received a 1934 C $20 bill printed in Washington DC. This bill struck me as odd right away, because I am used to seeing the new design bills. This bill is flawless. Two types of bills were printed in the 1934 series. If you have a 1934 C bill with a blue seal that says Silver Certificate across the top, as of 08/2010 it's worth $6 to $9 retail in average. Sell 1934 $20 Bill; Item Info; Series: 1934: Type: Federal Reserve Note: Seal Varieties: Multiple: 3 total Light Green, Dark Green, Brown: Signature Varieties: 1. Julian - Morgenthau: Varieties: 12 Banks Issued Notes: 1. Philadelphia 10. San Francisco 12. Louis: Star Notes. What this says is that $20 today (Nov 2017) only buys what $1.09 would buy in 1934. Both cases give the same ratio of 18.25 — as a loss in purchasing power over time — from 1934 to 2017 the $20 bill shrank in purchasing power to 1/18 of its value. Series of 1934 green seal $20 bills were signed by W.A. Julian as the Treasurer of The United States and by Henry Morgenthau Jr. As the Secretary of the Treasury. Series of 1934 twenty dollar bills have a picture of Andrew Jackson on the front and The White House on the back. All series of 1934 twenty dollar bills were printed in Washington DC. However, they were issued for all twelve Federal Reserve.
Stephanie H. asks: I have a 1934 twenty dollar bill and wondered if it is worth anything….other than face value! Thank you for a reply. Stephanie.
An uncirculated note would bring at least a $10 premium. These notes were made for a long period of time and were replace by the 1950 series of Federal Reserve Notes. A small letter next to the date (A-D) would allow knowing the approximate date range.
Though these notes are not yet valuable, especially if they have been circulated, they are bound to become scarce over the the next ten years as they are replaced by the new $20 design. There are a few characteristics that make some 1934 $20 Federal Reserve Notes more valuable than others. Here’s a few thing to look for:
1988 100 Dollar Bill Worth
1934 C Twenty Dollar Bill
- Any 1934 or 1934A note overprinted “HAWAII”
- Star Notes, that is notes that have a star next to the serial numbers. They are replacement notes for notes that were destroyed at the Bureau of Engraving.
- In 1948 the White House, that appears on the back of the $20 1934C note, was changed. The new version shows 2 more chimneys, a second floor balcony and different and larger trees and bushes.
- Though not considered valuable yet, the 1934 $20 Minneapolis Federal Reserve note is scarce and has the lowest number printed of all the $20 1934 FRN issues.
- For the 1934A $20 issues, Atlanta FRN (less than 6 million notes printed), Dallas FRN (only about 2.5 million notes printed and the Philadelphia FRN (less than 4 million made) should be put away for a few years. These will be considered scarce or rare in the future.