LOT #20085 |
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Montgomery, AL- State of Alabama $20 Jan. 1, 1874 Remainder PMG About Uncirculated 53.. ...
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Sold on Oct 6, 2021 for:
$1,800.00
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Description
Montgomery, AL- State of Alabama $20 Jan. 1, 1874 Remainder PMG About Uncirculated 53.The emission of which this note was a part was authorized by the Act of December 19, 1873 and the note, which was probably intended to circulate as currency, was technically a ten year bearer bond. The entire border on the face is used to enumerate the purposes for which the note was receivable and when and where interest would be paid. The green and black face has a vignette of the second state seal, approved in 1868, at left and a male portrait at right. The ornate green back design has two large dies displaying the interest payment dates. This example was printed by S. Benedicks & Co., a New York firm and has several roughly done POCs in the governor signature line. PMG notes hinge remnants and minor paper scuffs on the back top margin. This note is presently thought to be unique and is from a completely unknown reconstruction era issue.
From the Michael S. Tallent Collection
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Auction Info
2021 October 6 - 8 Long Beach Expo US Currency Signature® Auction #3585 (go to Auction Home page)
Auction Dates
October, 2021
6th-8th
Wednesday-Friday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 320
Buyer's Premium per Lot:
20% of the successful bid per lot.
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