DescriptionFr. 2305 $20 1934A Hawaii Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Ask specialists in small size material which note is the most chronically overgraded and the response invariably will be the 1934A Hawaii $20, where most of the so-called "uncirculated" specimens are blasted-out EF's and AU's. This is the real deal, and, as such, is a very scarce item indeed. PMG has so far graded only two 1934A Hawaii twenties higher than 66, and only sixteen pieces 65 or better.
From The Thomas M. Flynn Collection
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