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Why would Fred M. Vinson's signature appear on a 1934 US 20 dollar bill?
Wiki User
∙ 10y ago
Remember, US bills carry a "series" date rather than a printing date. Prior to 1974 the series date was usually changed only when a bill was redesigned. Vinson served as Secretary of the Treasury from July 1945 to July 1946; the 1934 design was used until 1950 so his term was within the range of the 1934 series.
In 1974, the policy was modified to start a new series if a bill's design changes OR a new Secretary of the Treasury is appointed, although there have been a few exceptions.
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∙ 10y ago
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