The 1928 twenty dollar bills can be valuable depending on the series. Star notes can be worth a lot more than the standard notes. Keep reading to learn more about these bills.

1928 20 Dollar Bill

1928 20 Dollar Bill Reverse

Specifications

Denomination: $20.00 USD
Type: Federal Reserve Note
Seal Varieties: One: Green
Series: Four: 1928, 1928A, 1928B, 1928C

Value

The value will depend on the series and the bill's condition. Star notes will sell for higher prices.

Most 1928 series $20 bills are worth around $50-52.50 in very fine condition. In extremely fine condition the value is around $80-90. In uncirculated condition the price is around $300 for bills with an MS 63 grade. Bills issued from the Federal Reserve Bank of Boston will be worth a lot more money.

Most 1928A series $20 bills are worth around $65 in very fine condition. In extremely fine condition the value is around $100-135. In uncirculated condition the price is around $625-700 for bills with an MS 63 grade. Bills issued from the Federal Reserve Banks of Kansas City and St. Louis can be more valuable.

Most 1928B series $20 bills are worth around $40 in very fine condition. In extremely fine condition the value is around $55-60. In uncirculated condition the price is around $100-125 for bills with an MS 63 grade. Bills issued from the Federal Reserve Bank of Atlanta will be more valuable.

The 1928C series $20 bills are worth around $475-500 in very fine condition. In extremely fine condition the price is around $700-750 for bills with an MS 63 grade. In uncirculated condition the price is around $4,250-4,500 for bills with an MS 63 grade.

Star Notes

Star notes are replacement bills that the United States Federal Reserve printed. These star notes are more rare and thus more valuable. You can tell if you have a star note by looking to see if there is a star symbol at the end of the serial number.

Most 1928 series $20 star notes are worth around $250-375 in very fine condition. In extremely fine condition the value is around $625-800. In uncirculated condition the price will be over $1,000 for notes with an MS 63 grade. Star notes issued from the Federal Reserve Bank of Dallas will be worth a lot more money.

Most 1928A series $20 star notes are worth around $1,500 in very fine condition. In extremely fine condition the value is around $2,250. In uncirculated condition the price is around $5,500 for notes with an MS 63 grade. Star notes issued from the Federal Reserve Banks of New York and Philadelphia will be worth a lot more money.

Most 1928B series $20 star notes are worth around $200 in very fine condition. In extremely fine condition the value is around $350-400. In uncirculated condition the price is around $1,650 for notes with an MS 63 grade. Star notes issued from the Federal Reserve Bank of Philadelphia will be worth a lot more money.

1928C series $20 star notes were printed but they are very rare. For this reason it's difficult to determine an accurate price range.

Grading System

Very fine- A note that has been in circulation but not for a long time. The note is still relatively crisp. There may be some creases, folds, or light smudges.

Extremely fine- A note that shows small signs of having been in circulation. The note will be bright and it will have almost all of its original crispness. There might be one or two minor creases or folds but there are no stains, discolorations, or tears.

MS 63 choice uncirculated- A note that shows no signs of ever having been in circulation. The note still has its original crispness. The note is also well-centered.

 

Sources:

The Red Book


See also:

1929 20 Dollar Bill
1914 20 Dollar Bill