Skip to main content
Go to accessibility notice


    Spectacular Twenty Dollar Interest Bearing Note

    Fr. 197a $20 1863 Interest Bearing Note Choice Very Fine. Fewer than 30 examples are known in all grades combined, with this piece being one of the finest known examples. The note is 100% original, with broad margins, perfect paper surfaces, ideal color and excellent centering of both sides. The note's only flaws are a half-dozen insignificant pinholes and two short tears at the top, both of which just barely pass the frame line of the design. CAA has handled only eight Fr. 197a's in all of our sales, only one of which, a Choice Extra Fine in January of 2001, graded better than this currently offered piece. That note realized $35,750 over four years ago.

    Auction Info

    Auction Dates
    February, 2005
    18th-19th Friday-Saturday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 850

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Sold on Feb 19, 2005 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 5 days left to consign to the 2021 August 17 - 20 ANA WFOM Currency Signature Auction !

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search