Fr. 953a. 1914 Red Seal $20 Federal Reserve Note. New York. PMG Very Fine 25.
An evenly circulated and quite appealing example of this short-lived and prohibitively scarce type. Hints of rust can be observed along some minor repairs. Both faults are nonetheless slight and easily overlooked. The all-important red overprint is particularly bold and shows no evidence of fading as often encountered on even comparable examples. PMG comments "Minor Repairs, Rust."

Estimate: $600.00 - $800.00