August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Lovely Fr. 191a 1864 $20 Compound Interest Treasury Note
Fr. 191a. 1864-65 $20 Compound Interest Treasury Note. PMG Very Fine 25.
Rare as a whole, Compound Interest Treasury Notes representing this Friedberg are an uncommon sight at best even with 57 examples available to collectors. Of further and more distinguished note, the present example is found in the absence of any apparent restorations and netting comments that are commonly encountered on a substantial number of surviving Compound Interest Treasury Notes regardless of denomination or Friedberg. Even circulation is readily observed amidst an allegorical depiction of Victory who is seen at left opposite a portrait of President Abraham Lincoln who had been assassinated only a few months prior to the printed date. Along the bottom margin at center, a vignette of a shipboard mortar emplacement is seen shortly after firing with ammunition in the foreground. Such weapons which were hailed as a the next big thing in siege warfare, but proved ineffective in their intended purpose against Confederate fortifications save for expending large quantities of ammunition and disturbing vast amounts of earth. The bronzed overprint remains attractive and distinct even with its overlaid position along with the Treasury Seal, serial numbers, and the printed date which remain as red as the day it was originally applied. The back which makes ample use of geometric patterns showcases two large "20" denomination counters at opposite ends of the payment schedule which promises to pay the bearer $23.88 after three years at a rate of 6% every six months. In all, a striking representation of this rare type perfect for the advanced collector.
From the Porter Collection.
Estimate: $30000.00- $50000.00
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Bidding
| Price realized | 36'000 USD |
| Starting price | 18'000 USD |
