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    Description

    Extremely Rare and Vivid Philadelphia $20 1875 Series Note

    Philadelphia, PA - $20 1875 Fr. 431 The National Bank of the Republic Ch. # 1647 PMG Very Fine 30.
    A beautiful large size national with a patriotic title and boundless artistic merit. The $20 First Charter design continued the exceptionally beautiful layouts and vignettes used on other denominations. On the left face is The Battle of Lexington adapted from Theodore Lishler's painting and engraved by Joseph I. Pease. Loyalty, at the right, was engraved by Alfred Jones. Another ornate green back frames the Baptism of Pocahontas adapted from John G. Chapman's painting and engraved by Charles Burt. The bank issued only large size notes ending with $10 Brown Backs; it liquidated its assets in 1898. Track & Price records 22 notes total with two examples of this superb type. The census once reported this piece before certification as lesser grade. Now PMG certified, it clearly is the superior of two known 1875 $20 notes from the bank. Fully margined and perfectly centered on both sides like a painting. A vivid note, the printing clarity and colors are excellent on both sides. We sold the other known example in January 2012 for $2,012.50 (PMG Fine 12). Worthy of strong competition from specialists and type collectors. This is a perfect fit into a mid-grade type set collection due to its wonderful eye appeal.
    From The Mike Coltrane Collection.




    Auction Info

    Auction Dates
    June, 2021
    24th-25th Thursday-Friday
    Bids + Registered Phone Bidders: 18
    Lot Tracking Activity: N/A
    Page Views: 355

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