Rare $20 1934 Mule Hawaii Star NoteFr. 2304* $20 1934 Mule Hawaii Federal Reserve Note. PMG Choice Extremely Fine 45 Net.
A great small size star rarity which last appeared in our sale of Tom Flynn Collection five years ago, where we described it as: "This is a high grade example which PMG has chosen to Net grade due to what they correctly describe as an 'Internal Repair,' which is actually a small professionally repaired split that is impossible to see unless the note is 'candled,' or held up to a light source. Collectors will have to determine for themselves the amount of importance to attribute to this small defect, but it may be a long time before the next high grade 1934 $20 Hawaii star comes around." At that time, this specimen was the finest Hawaii Mule star graded by PMG and still is today. Last year, we sold a VF 30 example in our 2012 FUN auction for $3,450 and we fully expect this lovely note to exceed that number.
From the Greensboro Collection Part II
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