What is the value of a 1934 US 20 dollar Federal Reserve Note?

Answer 1

As of 03/2015 approximate prices are:

No letter or "A" next to the date -

Circulated: $22 to $24 depending on the bill's condition

Uncirculated: $25 to $30

"C"

Circulated: $22 to $28 depending on the bill's condition

Uncirculated: $35

"D"

Circulated: $22 to $30 depending on the bill's condition

Uncirculated: $40

The District Seal

Many people misunderstand the city shown in the district seal on older bills. Bills aren't printed in each city; the city is simply the location of the Federal Reserve Bank that requested and distributed the bill along with many others in a particular print run. Until 1991 all US bills were printed in Washington; since then production has been shared with a facility in Fort Worth.

Also, the letter in the Federal Reserve District seal is different from the series letter. The district letter (A through L) is a code corresponding to the district's home city. A = Boston, B = New York, C = Philadelphia, and so on through L = San Francisco.

Serial Numbers

A bill's serial number is a counter and a security feature. In most cases it doesn't affect a bill's value or help to identify it. Some collectors specialize in bills with low serial numbers (e.g. 00000005) or unusual patterns (12344321) so these can bring above-average prices.

DISCLAIMER: The values quoted are market averages as of the date shown, but may be different for an individual bill due to variations in quality and other factors. Also the wholesale (buying) price of a bill will be less than the selling (retail) price. A reputable currency dealer will be able to give a more accurate valuation based on an in-person inspection.