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    Description

    Unrepaired Nicely Margined $20 Compound Interest Treasury Note

    Fr. 191a $20 1864 Compound Interest Treasury Note PMG Choice Fine 15.
    Though some splits are noted by PMG, this piece does not exhibit the major restoration of the edges that is more often than not encountered on mid-grade Compound Interest Notes. This example is dated August 1, 1865, though notes lumped into the same Friedberg number also show dates of August 15th and December 15th of the same year. Though the Fr. 191a is the more common of the two signature combinations on Compound Interest $20's, it is by no means "common." Fewer than sixty notes are known between the two numbers. What's more, collectors who are still sitting on the sideline contemplating collecting Compound Interest Treasury Notes should consider that there are less than 250 known for all of the Friedberg numbers combined.


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    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 7
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