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A Federal Reserve note, the currency issued by the Federal Reserve System: the Federal Reserve Act of 1913 established the Federal Reserve as the nation's central bank and provided for it to issue new currency called Federal Reserve notes. The Fed labels this design of the denomination «2003 – Present»; within this design the bank lists the series years 2004, 2004A, 2006, 2009, 2013. The Fed makes a point of it: all U.S. currency issued since 1861 remains valid and redeemable at full face value. So even the oldest note in this run is not paper but money.
The face carries a portrait of President Jackson. Since 1889 the law has required that banknotes bearing portraits include the name of the individual below the portrait — which is why names still appear under the portraits on U.S. currency. The back shows a vignette of the White House.
The most interesting security features are watermark — hold the note to light and look for a faint image of President Jackson in the blank space to the right of the portrait; the image is visible from both sides of the note; security thread — hold the note to light to see an embedded thread running vertically to the left of the portrait; the thread is imprinted with the text USA TWENTY and a small flag in an alternating pattern, is visible from both sides of the note and glows green under ultraviolet light; and color-shifting ink — tilt the note to see the numeral 20 in the lower right corner of the front shift from copper to green.
UNC condition means the note has never circulated: no folds, no wear, no soiling, even corners — just as it left the press.
At VPcoins coins and banknotes are chosen both for collections and as gifts.