You can recognize two banknote types produced in those times: They are rare nowadays since most Confederate currencies were destroyed after the Civil War.Ĭongress authorized the new $20 bill design in 1861 when the Federal Reserve printing period began. Then, the first confederate $20 bill appeared in Richmond, Virginia. The Philadelphia mint produced the first US $20 bill during the Colonial Period in 1775. This small-size banknote features President Jackson’s portrait on the front page and the White House on the back page. The 1934 $20 bill value is always far higher than its face value. You can find five series with a green seal and two valuable series from Hawaii with a brown seal printed in 1934. The US Federal Reserve Bank printed the first large-size $20 bills in 1861, and these gold certificate banknote production ended with the small-size 1928 $20 bills.
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