1928 $20 Redeemable in Gold Federal Reserve Note in Very Good to Fine Condition

The 1928 $20 Gold Clause Federal Reserve Note is a remarkable relic from the era when U.S. currency explicitly stated its convertibility into gold. Issued just before the gold standard was repealed domestically in 1933, the note bears the historic phrase, “Redeemable in Gold on Demand at the United States Treasury or in Gold or Lawful Money at any Federal Reserve Bank.” The obverse features a portrait of President Andrew Jackson alongside vivid green Treasury seal and serial numbers, while the back showcases a striking engraving of the White House in deep green ink.

1928 $20 Redeemable in Gold Note in VG/F

Offered in VG to F (Very Good to Fine) condition, this example shows moderate wear consistent with circulation, including softness in the paper, light folds, and some rounding of corners. Despite the signs of use, all major design elements remain clearly visible, and the gold clause text is still legible. This note offers both historical and collector value as one of the last U.S. banknotes to promise gold redemption—a pivotal link to a bygone monetary system.