1928 $20 Bill-Backed by Gold

I’m not sure how many people have seen the gold backed $20 bill of 1928. All I’ve ever seen are images. In modern time, if it retained it’s value, the purchasing power of a 1928 $20 bill would be about $250.00. By the way, the signature on the 1928 $20 bill is that of Treasury Secretary, A.W. Mellon. Ring any bells? By the way, if you click on the $20 bill image, the link will take you to the larger image.

1928 Twenty dollar bill worth $252
1928 Twenty dollar bill worth $252

Click here for an inflation calculator image

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