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    Comment-Free PMG 58 1863 Legal Tender $20

    Fr. 126b $20 1863 Legal Tender PMG Choice About Unc 58.
    A beautifully-margined example for the issue which is almost always cut in at least on the design. This one has ample margins all the way around that are almost perfectly even. They impart the sort of picture frame appearance that exists on all the later notes, but not on the 1862 and 1863 series. The PMG comment-free 58 grade is also amazing, as virtually all notes from this early issue have edge damage of some kind even if they are fully Uncirculated. The paper was both thin and brittle. The ink colors are perfect and the paper almost so. An overall exceptional example of an 1863 $20. Last August we auctioned a PCGS 58PPQ for $12,925. This note will certainly approach, if not surpass, the five-figure mark.

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    Auction Dates
    January, 2018
    3rd-9th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
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