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FEDERAL RESERVE BANK
OF NEW YORK

r Circular No. 960 T
L February 14. 1930 J

New Counterfeit
To all Banks, Trust Companies and Others Concerned
te the Second Federal Reserve District:

The Treasury Department in its circular letter No. 636 describes a new
counterfeit as follows:
$20 FEDERAL RESERVE NOTE (New Issue)
On the Federal Reserve Bank of New York, New York, 1928 series; check letter
" K " ; face plate No. 7; back plate No. 45; H. T. Tate, Treasurer of the United States;
A. W. Mellon, Secretary of the Treasury; portrait of Jackson.
This is a well-executed counterfeit printed from photo-mechanical plates on one
sheet of crisp bond paper of good quality, being of the same workmanship as counterfeit
$10 Federal Reserve Note described in Circular Letter No. 634.* The back of this
counterfeit is particularly deceptive, although the fine white lines in the border engraving lose their identity in places on account of faulty etching. On the face, the Treasury
seal, executed in green, does not show up clearly through the word TWENTY under the
serial numbering, and the latter has a smudgy appearance due to heavy impress on the
paper. Several of these notes have appeared with the same serial number—
B60528403A.
Care should be exercised in handling notes of this variety and denomination.
The Treasury Department, Secret Service Division, requests that banks and
others to whom counterfeit Government obligations may be presented endeavor when
practicable to obtain information regarding their source and history. Any information of this kind should be forwarded to the Treasury Department, Secret Service
Division, Customs House, New York, N. Y.
GBOBOB L. HABBISON,

Governor.

* Reference to Federal Eeserve Bank of New York Circ ular No. 952.