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Federal Reserve Note

1928 Federal Reserve Note

$20·Mint: P (Philadelphia)·paper
Circ. from
$400
Gem uncirc.
$950
⚠️

Price estimates — not financial advice. Values are based on published price guides and recent sales data. Coin grade dramatically affects value. Always verify with a trusted dealer or third-party grading service before buying or selling.

Price by Grade
GradeQualityEst. Value
MS-63Choice Uncirculated
$950
About Uncirculated-50About Uncirculated
$400
Extremely Fine-40Extremely Fine
$200
Fine-12Fine
$60
Gem-65Gem-65
$2,800
Very Fine-20Very Fine
$100
Very Good-8Very Good
$35

Source: published price guides (USA Coin Book / PCGS). Values are estimates and may not reflect current market conditions.

Historical Context

Historical context for the 1928 Federal Reserve Note is being researched.
Era notes and collector context coming soon.

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