1929 $20 Federal Reserve Bank Note Dallas Texas Key Rarity Back Alignment Error Serial K00100737A Very Lightly Circulated

1929 $20 Federal Reserve Bank Note | Dallas, Texas | Key Rarity District | Very Lightly Circulated | Back Alignment Error | Serial K00100737A | An Exceptional Texas Collectible

A rare and desirable Federal Reserve Bank Note from the key Dallas district. Offered here is a 1929 $20 Federal Reserve Bank Note issued by the Federal Reserve Bank of Dallas, Texas (District K). This note features a pronounced back alignment error and the highly collectible serial number K00100737A. Preserved in very lightly circulated condition.

For collectors of Federal Reserve Bank Notes, the Dallas district is a recognized key rarity. Notes from Dallas (District K) were printed in smaller quantities than most other districts and are significantly harder to find today – especially in premium condition. Add a dramatic back alignment error and a low, patterned serial number, and you have a note of exceptional interest to Texas collectors, error specialists, and FRBN enthusiasts alike.

Very Lightly Circulated – original paper with only the most minimal handling. A superior example for this key district rarity.

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At a Glance

• Series: 1929
• Denomination: $20
• Type: Federal Reserve Bank Note (FRBN)
• District: K – Dallas, Texas (KEY RARITY DISTRICT)
• Serial Number: K00100737A
• Error Type: Back alignment error – noticeable shift in reverse printing
• Condition: Very Lightly Circulated – superior preservation for this issue
• Rarity Level: RARE – Dallas district + error + low serial

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The Dallas District – A Key Rarity

Among the twelve Federal Reserve districts, Dallas (District K) is widely recognized as a key rarity for Federal Reserve Bank Notes of the 1929 series. Why? Simple numbers:

• Dallas was a smaller, less populous district compared to New York, Chicago, or San Francisco
• Fewer notes were printed for the Dallas district across all denominations
• Survival rates for Dallas FRBNs are notably lower than for major districts
• Collectors of Texas currency aggressively pursue any Dallas district material

The result is a supply-demand imbalance that makes Dallas notes consistently more expensive and harder to find than notes from most other districts. A $20 FRBN from Dallas in very lightly circulated condition is a genuinely scarce piece.

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Serial Number Analysis – K00100737A

The serial number 00100737 (the K prefix and A suffix are district and series identifiers) has strong fancy appeal:

0 0 1 0 0 7 3 7

• Low serial (001 prefix): The serial begins with double zero and a 1 – a low three‑digit prefix. Low serial numbers are highly sought after by collectors across all currency types.
• Binary / Near‑binary feel: The serial uses only four digits (0, 1, 3, 7) but has a clean, open pattern.
• Repeater elements: The "00" and "00" pairs create a rhythmic quality.
• Bookend zeros: The serial begins with 00 and has internal zero pairs.
• Memorable pattern: 00100737 is easy to remember – the 00 100 737 structure has visual appeal.

While not a pure binary or full repeater, this serial number has genuine fancy characteristics that add to the note's overall desirability, particularly the low 001 prefix.

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Error Analysis – Back Alignment Shift

This note exhibits a pronounced back alignment error (also known as a back print shift or reverse misalignment). During the printing process, the reverse design was applied out of register, resulting in:

• The back design shifted from its intended position
• Visible misalignment of design elements relative to the note's edges
• Potential overlapping or crowding of design features on one side

Alignment errors on Federal Reserve Bank Notes are genuinely scarce. The 1929 series was produced during the early years of small‑size currency, and quality control was generally good. Notes with significant printing errors that escaped detection are uncommon. This example shows a readily visible shift that makes the error immediately identifiable to even casual observers.

For error note collectors, back alignment errors are highly collectible because they are:

• Visually dramatic and easy to appreciate
• Unmistakably genuine printing anomalies (not post‑production damage)
• Scarcer than minor errors like slight off‑centering

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Condition – Very Lightly Circulated

This note is preserved in Very Lightly Circulated condition, meaning:

• Minimal handling evidence
• No major folds – at most a single light fold or slight bend
• Corners are sharp with only the slightest rounding if any
• Paper remains bright and original with good body
• Colors and overprints are bold and clear
• No stains, tears, or significant impairments

For a 1929 Dallas FRBN, this level of preservation is notably superior. Most surviving examples from this district show significant circulation – multiple folds, soft corners, and overall wear. This note has clearly been handled with care or stored properly for nearly a century.

The error is bold and unmistakable against the clean, original paper.

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Why This Note is Special

Key District Dallas – The Rarity Factor: Among FRBN collectors, Dallas is consistently ranked as one of the three most difficult districts to find in high grade (along with Kansas City and Minneapolis). A $20 Dallas note in very lightly circulated condition is a significant find on its own merits – even before considering the error.

Back Alignment Error – Added Scarcity: Error notes from any district are collectible. Error notes from a key rarity district like Dallas are exponentially more desirable. This note combines two distinct rarities: district scarcity and printing anomaly.

Low Serial 00100737A – Fancy Appeal: The low 001 prefix adds a third layer of collectibility. Serial numbers starting with 001 are actively sought by collectors of low serial currency. The overall pattern (00100737) has a clean, memorable quality.

Very Lightly Circulated – Superior Preservation: Most Dallas FRBNs show heavy wear. This note does not. The combination of a key district, an error, a low serial, AND premium condition is truly uncommon.

Texas Collector Demand: Texas has a passionate and active collector base. Dallas notes are the crown jewels for many Lone Star State currency enthusiasts. This note will attract serious interest from Texas specialists.

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Historical Context – The 1929 Series FRBN

Federal Reserve Bank Notes of the 1929 series were issued during the early years of the Great Depression. They differ from Federal Reserve Notes in that they were backed by collateral deposited with the Federal Reserve and featured a distinctive design with the district letter prominently displayed.

The 1929 series marked the transition from large‑size to small‑size currency – a watershed moment in American numismatics. Notes from this series are the first modern‑sized U.S. currency, making them historically significant as the prototype for all paper money that followed.

Dallas (District K) was one of the smaller districts, and its notes were printed in correspondingly smaller quantities. The $20 denomination was a significant sum in 1929 – a week's wages for many workers – which further limited survival rates.

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Collector Demand – Who Wants This Note

This note appeals to multiple collecting disciplines:

• Federal Reserve Bank Note collectors seeking key district rarities
• Texas currency specialists who prioritize Dallas material
• Error note collectors seeking alignment errors on desirable districts
• Low serial number collectors attracted to 001 prefix
• Small‑size type collectors wanting a premium example of the 1929 FRBN series
• Investors seeking rare, condition‑conscious currency with multiple points of desirability

Few notes successfully bridge the gap between district rarity, error collecting, and fancy serial appeal. This Dallas $20 does.

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Authenticity Guarantee

This note is guaranteed genuine and original – a 1929 $20 Federal Reserve Bank Note from the Federal Reserve Bank of Dallas, Texas (District K), serial K00100737A, with a genuine back alignment printing error. The note is in very lightly circulated condition as described. High‑resolution photographs are considered part of the description. If proven otherwise, a full refund will be provided.

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Shipping & Terms

This note will be shipped flat and securely between rigid archival‑quality materials to ensure safe delivery. Insurance and signature confirmation are required and included in the shipping cost. Due to the rarity of this key district error note, additional identity verification may be required. Please contact us with any questions before purchasing.

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A rare convergence of key district rarity, printing error, low serial, and premium condition. This 1929 $20 Federal Reserve Bank Note from Dallas, Texas (District K) – with back alignment error and serial K00100737A – is a genuine treasure for the Texas specialist or FRBN collector. Very lightly circulated and exceptionally presented. Serious inquiries only.