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    Scarce Fr. 823 $20 1918 Atlanta FRBN

    Fr. 823 $20 1918 Federal Reserve Bank Note PMG Extremely Fine 40.
    Like all $20 Federal Reserve Bank Notes, this is infrequently offered. At the left end of the face is Grover Cleveland's 3/4 view bust; the treasury seal and serial numbers are in blue. The engraved signature combination is Elliott-Burke and Bell-Wellborn. Ornate green backs display two transportation-themed scenes titled Land, Sea and Air by Marcus Baldwin. The airplane depiction was the first engraved on a banknote. Only five districts issued this denomination, and a few of the varieties are great rarities. This Fr. 823 $20 1918 Atlanta is an ideal type note in excellent condition. There are approximately 50 examples known; all are circulated. Neither PMG nor PCGS has graded an Uncirculated note. This is a nicely centered piece with bold color on both sides. Ex: Bowers & Merena, January 1991 sale, lot 886. It has been nearly 30 years since this lovely note was last sold. It is perfect for any Federal type set or district set of $20 notes.
    From The Mike Coltrane Collection.

    Auction Info

    Auction Dates
    November, 2020
    4th-5th Wednesday-Thursday
    Bids + Registered Phone Bidders: 27
    Lot Tracking Activity: N/A
    Page Views: 245

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