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20 Dollars Federal Reserve Note, small portrait, no motto

Issuer Federal Reserve System
Year 1950
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Value 20 Dollars (20 USD)
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Obverse lettering 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 ANY FEDERAL RESERVE BANK WASHINGTON, D.C. WILL PAY TO THE BEARER ON DEMAND TWENTY DOLLARS
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Signature(s) series 1950A (A-L) - Priest & Humphrey
series 1950B (A-L) - Priest & Anderson
series 1950C (A-L) - Smith & Dillon
series 1950D(A-L) - ´Granahan & Dillon Replacement note with serial # suffix *
series 1950E (B, G & L) - Granahan & Fowler
series 1950 (A-L) - Clark & Snyder Replacement note with serial # suffix *
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Comments

The Series 1950 $20 runs across six signature combinations and spans more than a decade of issue — Clark & Snyder through Granahan & Fowler — reflecting how slowly the BEP retired a viable plate series. The 1950E is the scarcest of the run, issued only through the Federal Reserve Banks of New York, Chicago, and San Francisco, making most district combinations for that suffix genuinely difficult to locate.

Replacement notes for Series 1950 and 1950D are identified by a star suffix rather than the prefix position used on later issues. The 1950 star notes (Clark & Snyder) are particularly elusive in any grade.

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