Catalog
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| Issuer | Federal Reserve Bank of San Francisco |
|---|---|
| Year | 1934 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 20 FEDERAL RESERVE NOTE THE UNITED STATES OF AMERICA 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. HAWAII THE FEDERAL RESERVE BANK OF SAN FRANCISCO CALIFORNIA TWENTY DOLLARS SERIES OF 1934A WILL PAY TO THE BEARER ON DEMAND TWENTY DOLLARS Treasurer of the United States Secretary of the Treasury JACKSON WASHINGTON, D.C. |
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| Reverse lettering | 20 THE UNITED STATES OF AMERICA HAWAII WHITE HOUSE TWENTY DOLLARS |
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| Comments |
Issued under Executive Order 9hundredhm — actually under the authority granted following the attack on Pearl Harbor — these notes were part of a deliberate contingency strategy. If the Hawaiian Islands fell to Japanese forces, the Treasury could declare all Hawaii-overprinted currency void, preventing enemy seizure of a usable dollar reserve. The brown seal and bold HAWAII overprints on both faces were the mechanism for that isolation policy, not a wartime decoration.
The underlying 1934A series plates were already in use; the overprinting was applied at the BEP before shipment. All denominations from $1 to $100 received the treatment, and civilians in Hawaii were required to surrender their regular Federal Reserve notes in exchange — possession of non-overprinted currency on the islands became a criminal offense.