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    Exceedingly Rare Fr.124a $20 Legal

    Fr. 124a $20 1862 Legal Tender PMG Very Good 10 Net.
    This is an early, and extremely important, $20 Legal Tender note. It is the only confirmed example listed on Track & Price although Chambliss cites a second example known in lesser condition in his 2014 book. The type itself is one of the most handsome in the Legal Tender series. The face design has Alfred Jones' America vignette, which appeared on the earlier $20 Demand Notes and initially some Obsolete notes. Green overprints and denomination ends add to the design beautifully. The back uses the first obligation text. This No Series example, printed from face plate 1, has a high serial number 95718 (nearing the end of the 100,000 print figure) for the type. This was a prize purchase from the Doug Murray collection. "Tape Repairs" are noted and seen from the back and the top edge has some roughness, but the colors are vivid. Ex: our 2018 FUN sale, lot 22040 (realized $6,000); Doug Murray Collection. Essentially, a priceless note of great significance.
    From The Mike Coltrane Collection.

    Auction Info

    Auction Dates
    June, 2021
    24th-25th Thursday-Friday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 267

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold on Jun 24, 2021 for: Sign-in or Join (free & quick)
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