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FEDERAL RESERVE BANK
OF NEW YORK

„

. _

Cash

r Circular No. 378 1
Department

L

June 9, 1921

New Counterfeit $20 Federal Reserve Note
To all Banks, Trust Companies
in the Second Federal Reserve

and Savings
District:

Banks

New counterfeit paper money has been discovered by the Secret Service in the form
of a $20 Federal Reserve note. The details of the imitation, described by the Treasury
Department in its circular letter No. 468, are as follows:
" O n the Federal Reserve Bank of Boston, Massachusetts; check letter ' C ; face plate
No. 48; back plate No. 44; series of 1914; Carter Glass, Secretary of the Treasury; John
Burke, Treasurer of the United States; portrait of Cleveland.
"This is a poor photo-mechanical production, printed on one piece of paper, no attempt
being made to imitate the silk fibre of the genuine notes.
" T h i s counterfeit should not deceive the careful handler of money."




Very truly yours,
B E N J . STRONG,
Governor

• M

J


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102