Unusually High Grade Fr. 190b Extremely Fine 40
Fr. 190b $10 1864 Compound Interest Treasury Note PCGS Banknote
Extremely Fine 40.
A high grade example for this middle-of-the-book Friedberg number with these rarities gaining more and more adherents for these specialized and very desirable types that saw circulation only during the Civil War years of 1863-65. This Oct. 15, 1864 dated $10 has earned an unusually high grade for a Fr. 190b. Track & Price lists a total of 107 serial numbers for this Friedberg number. Of that total only three notes are graded higher and a single example is graded equal by the major grading services. This is a mere pittance in regards to the total enumerated population of this Friedberg number. This is a delightful example that displays favorably on both sides. The ink and paper colors are bright and vivid, while the bronze overprint has toned to a nice subdued color that in no way has impaired the paper of this majestic note. The edges are clear of the design which is always a plus for these notes that helped in financing the preservation of the Union. The third party back label mentions a minor restoration, but any such restoration appears to be nothing more than a simple reinforcing of a partially open fold. A historical note in a grade that will make its next owner proud.
From the Mitchell Collection
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