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    Description

    Fr. 190 $10 1863 Compound Interest Treasury Note

    Fr. 190 $10 1863 Compound Interest Treasury Note PMG Very Fine 25 Net.
    A rare note purchased at auction over 32 years ago by our consignor. This is one of a paltry 15 serial numbers listed in Track & Price for this Friedberg number. Only a couple of those 15 have been graded higher and neither of those two have been heard from since at least 2001. Small top and bottom edge tears have been nicely repaired and it is still an attractive note with a strong overprint and ample margins all the way around. This was actually a circulating Legal Tender note that bore interest at six per cent per annum and was only redeemable in full to the tune of $11.94 at the end of the three year circulating period. Today, both sides are plated on page 39 of the Chambliss-Hessler reference.
    From the C.R. Chambliss Collection


    View all of [The C. R. Chambliss Collection ]

    Auction Info

    Auction Dates
    Apr-May, 2018
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 218

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