The 1950 20 Dollar Bill was printed in six different series which ran from November 1950 though July 1966.
They are worth between $50-$75 in uncirculated condition with some more sought after examples selling at auction for upwards of $3000.
The 1950E series are likely to be more valuable as there were less of these printed compared to previous series.
Image Courtesy of Heritage Auctions
Image Courtesy of Heritage Auctions
In the center of the obverse of the small sized $20 bill is an image of Andrew Jackson who has been featured on the $20 Federal Reserve Note since 1928.
Twenty dollar bill's prior to 1928 were large sized notes and had an image of Grover Cleveland on the obverse who was then subsequently moved to the $1000 bill.
To the right of the Jackson portrait is the serial number G00309280*. This particular 20 dollar FRN is a star replacement note as it contains a star after the serial number.
Below the serial number is the green seal of the Department of the Treasury with the letters TWENTY written over the top.
Underneath the seal is the series, which in this case is 1950, and the signature of the Secretary of the Treasury John Wesley Snyder.
To the left of Andrew Jackson's portrait is the a paragraph reading, 'This note is legal tender for all debts, public and private, and is redeemable in lawful money at the United States Treasury, or at any Federal Reserve bank.'
Below this paragraph is the Federal Reserve bank the note was issued for. This note was printed was Philadelphia which is denoted by the letter 'C'. Underneath this is the serial number printed again.
At the bottom left hand side is the signature of the Treasurer of the United States who at the time was Georgia Neese Clark.
Image Courtesy of Heritage Auctions
On the reserve side of the 1950 20 dollar bill is a picture of the White House with the words THE UNITED STATES OF AMERICA above it. Below the White House is written TWENTY DOLLARS.
The 1950A series $20 FRN was printed August 1953 through August 1957 and there were 487,472,000 regular notes printed along side 28,264,000 star replacement notes.
It was signed by the Treasurer of the United States Ivy Baker Priest and the Secretary of the Treasury G M Humphrey.
In circulated condition, fine, very fine, extremely fine or choice crisp they are only worth face value of twenty dollars.
Once you start moving up the quality grades they are worth more. A Very Choice Crisp Uncirculated FRN could fetch you $25 at Auction and a Gem Crisp Uncirculated could fetch $35
A PMG graded Gem Uncirculated 66 EPQ FRN with a sequential serial number such as I23456789A could fetch you around $1840 at auction, while a high quality error note such as an inverted overprint could fetch $3450.
The 1950B series Twenty Dollar FRN was printed September 1957 through June 1961 and there were 387,040,000 regular notes printed along side 16,592,000 star replacement notes.
It was signed by the Treasurer of the United States Ivy Baker Priest and the Secretary of the Treasury Robert B Anderson.
All the 1950 series notes have a similar value with very high quality examples and error notes being worth the most.
If you'd like to find out more about valuing your 1950 20 Dollar Bill visit Heritage Auctions to see what similar notes have sold for.
The 1950C series $20 Bill was printed February 1961 through March 1963 and there were 263,800,000 regular notes printed along side 10,160,000 star replacement notes.
It was signed by the Treasurer of the United States Elizabeth Rudel Smith and the Secretary of the Treasury C Douglas Dillon.
The 1950C series $20 Bill was printed February 1961 through March 1963 and there were 263,800,000 regular notes printed along side 10,160,000 star replacement notes.
It was signed by the Treasurer of the United States Elizabeth Rudel Smith and the Secretary of the Treasury C Douglas Dillon.
Their value ranges from Very Fine (20-35) $25 to GEM CU (65) $80.
The 1950D series $20 Federal Reserve Note was printed February 1963 through November 1965 and there were 307,120,000 regular notes printed along side 11,120,000 star replacement notes.
It was signed by the Treasurer of the United States Kathryn O'Hay Granahan and the Secretary of the Treasury C Douglas Dillon.
You might notice that these are the same signatories that appear on the 1963 series $20 bill and that is because they were both being printed at the same time except on different presses.
Their value ranges from Very Fine (20-35) $25 to GEM CU (65) $140.
The 1950E series $20 Federal Reserve Note was printed September 1965 through July 1966 and there were only 26,640,000 regular notes printed along side 2,160,000 star replacement notes.
It was signed by the Treasurer of the United States Kathryn O'Hay Granahan and the Secretary of the Treasury Henry H Fowler.
You might notice that these are the same signatories that appear on the 1963A series Twenty Dollar bill and that is because they were both being printed at the same time except on different presses.
The 1950E series was the last batch of Federal Reserve Notes to be printer without the motto 'In God We Trust' on the reverse.
Their value ranges from Very Fine (20-35) $25 to GEM CU (65) $225. These 1950 20 Dollar bills are worth the most because they are more scarce that the previous series due to much lower printing numbers.
Learn more about coin and note collecting at Lost Treasure HQ.