FR. 953b 1914 $20 Red Seal Federal Reserve Note New York PMG 55 – AU

The 1914 $20 Red Seal Federal Reserve Note issued by the Federal Reserve Bank of New York is a notable example of early 20th-century American currency, distinguished by its depiction of Grover Cleveland the 22nd and 24th president. This note is marked by its red seal and synchronized serial numbers along the state seal on the left, embodying the design and authority of the Federal Reserve system at the time of its issuance. On the reverse side, the note features the steam engine and steamship of America promoting advancement in technology along with growth. It also has elaborate patterns and a prominent quadratic display of the $20 denomination.