Type 2 – US Notes

The Series 1929 $20 National Bank Note Type 2: How the Added Charter Number Changed the Design

June 15, 2026 by

The Series 1929 $20 National Bank Note underwent a subtle but significant redesign when the Bureau of Engraving and Printing added the issuing bank’s charter number in black ink to the face of the note, creating the Type 2 variety that collectors prize today. Understanding the differences between Type 1 and Type 2, which banks issued each variety, and how to grade and value these Depression-era nationals is essential knowledge for any serious currency collector.

Series 1929 National Bank Note Varieties: Type 1 vs. Type 2 Charter Number Placement, and Why One State Turns Everything Upside Down

June 15, 2026 by

The Series 1929 National Bank Notes seem straightforward at first glance, but a subtle difference in charter number placement divides them into two distinct and collectible types. Understanding Type 1 versus Type 2, and the peculiar complication introduced by certain Nebraska banks, can mean the difference between passing up a rare variety and recognizing a genuine treasure.