Fr. 372 $20 1890 TN Rosecrans-Huston (1st) A2 Ex: Grinnell Lowest Number Known

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Large Size Type Notes > Treasury Notes

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Fr. 372 $20 1890 A3*
Grade: PMG Gem UNC 65 EPQ    

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Wow! That's a great word to start with when describing this $20 1890 Treasury Note with the large brown seal and ornate-back design. This magnificent note is first recorded from the Grinnell Sale on November 25, 1944, Lot 216 at $60. From there it went to Robert Schermerhorn, Herman Halpern and through CAA in 2001. There were 488,000 notes printed, and 59 serial numbers recorded. Only five UNCs, with this seal and type are shown in the Gengerke census, but I will promise it is a rare occasion to find one. Eight of the 59 pieces recorded are permanently impounded. The portrait of John Marshall, Chief Justice of the Supreme Court from 1801 to 1835, graces the $20 Treasury Notes. He was the only person used in this series that was not involved in the Civil War. The quality of this note is spectacular with exceptional color, lovely centering and complete originality of the paper. Graded Gem UNC 65 EPQ by PMG.

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