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Lot
15616

Denver, CO - $20 Original Fr. 427 The Colorado NB Ch. # 1651. ...

2013 April 24 - 26 & 28 Currency Signature Auction - Chicago #3522

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Auction Ended On: Apr 25, 2013
Item Activity: 2 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Gorgeous Original Series Territorial $20-The Finest of Five Known for the Type
Denver, CO - $20 Original Fr. 427 The Colorado NB Ch. # 1651
We sold this beautiful note back in our 2010 FUN Auction, where we described it as: "A gorgeous note which is in amazingly high grade for a Territorial example. It is one of only five Territorial $20 Original Series examples known, all of which come from Colorado Territory. Three of the five specimens known come from this institution, with this the finest of the group. This note is listed in the census as Uncirculated, which it certainly appears to be at first glance, but a light centerfold and some handling compel a grade of Extremely Fine-About Uncirculated. We recently had the privilege of selling Frederick Mayer's outstanding collection of Colorado Territorials, where an Extremely Fine $20 example from this bank fetched $89,125. Expect this piece, which is even a bit nicer than the Mayer example, to realize about that amount, and perhaps considerably more." The note realized $63,250 three years ago, which we felt then and now represents an extraordinary bargain for its fortunate new owner. Now ensconced in a PCGS Extremely Fine 45 holder, this beautiful note, which bears the bold signatures of the Kountze brothers, famed pioneer Colorado bankers, could easily exceed that sum this evening.
From The Greensboro Collection Part II

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