Description

    One of the Finest Known Fr. 131 $20 Legals

    Fr. 131 $20 1880 Legal Tender PMG Choice Extremely Fine 45.
    When this piece was last offered publicly as part of our 2008 Tom Flynn auction, it was described, "A very rare Brown Seal Twenty Dollar Legal, with only 21 (now 26) pieces in the census including this note, which Tom purchased in a 1991 sale. According to the Track & Price census, this note is listed as one of only two Uncirculated pieces known. The other reportedly Uncirculated piece has never been in a public sale. In any event, this note is certainly in the top two or three. We can clearly see why this was called Choice Uncirculated in the past. It is a beautiful piece - well margined, with excellent color and terrific eye appeal. Viewed through the third-party holder, it certainly does appear to be Choice New. Neither grading service has graded a Fr. 131 higher than 45." Now that the other purported "Uncirculated" note has been submitted to grading, this number is not available in those grade levels. The other piece eked out an AU grade leaving this note squarely in the competition for finest eye appeal and among the top two or three best examples known.
    From The Greensboro Collection Part IV


    View all of [The Greensboro Collection Part IV ]

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    Auction Dates
    August, 2014
    6th Wednesday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
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