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    Description

    Bright and Gorgeous Twenty Dollar Compound Interest Treasury Note

    Fr. 191a $20 1864 Compound Interest Treasury Note Choice Very Fine. Authorized under the act of June 30, 1864 and issued on December 15, 1864, this solid, problem-free note has not a hint of a defect or restoration. It's far brighter than one would expect for the grade and quite well margined. The bronze overprint has darkened somewhat but has not even begun to crack the paper, as so often happens on this type. Fr. 191a is the most available of the $20 "middle of the book" Interest Bearing and Compound Interest Notes, but most of the notes seen are considerably inferior to this piece, both in technical grade and due to heavy restoration. The eye appeal of this note, combined with its technical merits and rarity, should produce a realization near the five-figure level.
    From the collection of Malcolm A. Trask.


    Auction Info

    Auction Dates
    January, 2005
    13th-15th Thursday-Saturday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 619

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