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

Lot Number: 20068

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Fr. 127 $20 1869 Legal Tender PMG Very Fine 30.
Commencing with the 1869 series, this face design featured Charles Burt's engraving of Alexander Hamilton at left. Liberty, symbolized by a striding Minerva, is at the right end. This magnificent image was designed by John W. Casilear and engraved by Alfred Jones. The one-year "Rainbow" series types are very popular. The census of over 200 notes is deceptive when factored with strong demand from type collectors in this mid-level grade range. There are Uncirculated notes known from serial number runs. However, in this condition, $20 "Rainbow" notes are always well received at auction. This color piece has a vibrant blue swatch at the right which complements the large red seal and flourishes. The green back is bold. Ex: our Currency Auctions of America, November 1990 sale, lot 1114 (realized $715). Likely to attract strong bidding interest.
From The Mike Coltrane Collection.

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