Fr. 138. 1880 $20 Legal Tender Note. PMG Choice Uncirculated 64.
A well preserved note which stands tall among nearly 70 survivors and currently at the top of the PMG Population Report, this note offers the viewer a magnificent sight and one reminiscent of a bygone epoch when simplicity was eschewed in favor of detail and complexity and such thoughts were more or less the exclusive domain of dull-minded Treasury apparatchiks. A right-facing portrait of Alexander Hamilton is seen at left opposite an armed and armored depiction of Liberty holding a shield aloft with her right arm with a sword drawn in her left hand that is described by the likes of Bowers and Sundman as a "Walking Stick" in their book 100 Greatest American Currency Notes. A large spiked brownish-red Treasury Seal is overprinted at right, an element that vaguely resembles an apple or some other piece of red fruit when observed at a distance. The engraved signatures of Rosecrans and Huston who served together from 1889 to 1891 can be found below along the bottom margin, Rosecrans a Democrat had the distinction of serving under President Benjamin Harrison a Republican for the entirety of Harrison's term as opposed to being just a holdover who served only a few weeks in a transitory capacity. Equally striking, the back design resembles its Legal Tender contemporaries in composition. Making ample use of floral embellishments and geometric lathework, a multitude of green hues add definition to a design whose complexity was leveraged to deter and thwart counterfeits. Even though the Anderson example which last sold in March 2018 would likely eclipse this note once regraded by PMG, the truth remains that not everyone has the means to acquire such an example and this note offers a rare opportunity to own a premium example of a Friedberg that is almost exclusively populated by circulated notes. PMG Pop 2/None Finer
From the Porter Collection.
Estimate: $6000.00- $8000.00
Price realized | 8'500 USD |
Starting price | 3'600 USD |