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1863 $20 Interest Bearing Note Fr.197a PMG Very Fine 25 Net

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:1.00 USD Estimated At:35,000.00 - 40,000.00 USD
1863 $20 Interest Bearing Note Fr.197a PMG Very Fine 25 Net
SOLD
30,000.00USD+ buyer's premium
This item SOLD at 2018 Sep 28 @ 12:31UTC-7 : PDT/MST
Rare 1863 $20 Interest Bearing Note Fr.197a PMG Graded Very Fine 25 Net. This nice & visually pleasing example of a very rare $20 Civil War Era Interest Bearing note. The census indicates only 26 examples known to the collecting community as of this auction. This one has seen some circulation but maintains wonderfully bright colors throughout, particularly the red and green overprints which are as flashy as they would be on an Uncirculated example. PMG has Net graded the note for a repaired split which likely was at the top of the vertical centerfold. No other repairs or problems can be spotted even when the note is carefully candled. Most all of these have had some variety of cosmetic surgery. PMG Certified.