1914 $20 Federal Reserve Note Philadelphia Fr. 974 Burke / Houston PCGS Choice About New 55 – Great

1914 $20 Federal Reserve Note from the Philadelphia district, cataloged as Fr. 974 and signed by Burke / Houston. This early large-size Federal Reserve Note represents the first series of notes issued under the Federal Reserve system and remains a cornerstone collectible for U.S. currency enthusiasts. This example has been professionally graded by PCGS Currency as Choice About New 55, indicating strong eye appeal with bright paper, excellent detail, and only light evidence of circulation. The note retains impressive originality for the grade and presents beautifully for collectors seeking a high-end circulated example. Notably, this note comes from the Great Montana Collection, adding desirable provenance to an already attractive piece of early Federal Reserve history.