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Auction Name: 2021 June 24 - 25 The Mike Coltrane Collection Part 2 Currency Signature Auction - Dallas

Lot Number: 20066

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Fr. 126c $20 1863 Legal Tender PMG Very Fine 20.
Of the 1862 and 1863 $20 Legal Tender types, the Fr. 126c is one of the rarest. There are only nine examples cited on Track & Price. This is the variety with two serial numbers, both printed "high" on the note, flanking the vignette. That was a minor error on the part of the American Bank Note Company. The intention had been to place the right and left serial numbers at two different levels (like Fr. 126b) to increase the chances of a damaged fragment retaining its serial number. New Series 20 and printed from face plate 8. With some faults, noted by PMG as "Left Serial Number High" and "Tape Repairs, Pinholes." A colorful example. Ex: our 2018 FUN sale, lot 22530; Doug Murray Collection.
From The Mike Coltrane Collection.

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