$20 1928-C FRN Chicago Fr. 2053-G Scarce! LIGHT GREEN SEAL REDEEMABLE IN GOLD Very Fine

$20 1928-C Federal Reserve Note – Chicago
Fr. 2053-G • Light Green Seal • “Redeemable in Gold” Clause • Very Fine

A classic early small-size Federal Reserve Note, this $20 1928-C Chicago issue (Fr. 2053-G) features the desirable Light Green Seal (LGS)—a bright, earlier shade used before the transition to darker green inks. These early-color varieties are sought after for their striking appearance and limited production.

This note also carries the historic “Redeemable in Gold on Demand at the United States Treasury” clause. Before the Gold Reserve Act of 1934, U.S. currency like this could be exchanged at the Treasury for an equivalent value in gold coin. These notes represent the final era of circulating U.S. money directly tied to the gold standard, making them highly significant to collectors of early small-size FRNs.

Grading Very Fine, this piece shows honest circulation while retaining strong detail, bright paper, and an appealing Light Green Seal.