Fr. 374 $20 1890 TN Rosecrans-Nebeker (1st) PMG Gem Uncirculated 65 EPQ

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Large Size Type Notes > Treasury Notes

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Fr. 374 $20 1890
Grade: PMG Gem UNC 65 EPQ    

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This is the John Marshall note with the ornate-back design and the last of this kind with the small red scalloped seal and Rosecrans-Nebeker Treasury signatures. None of the ornate-back $20s can be considered anything but rare, especially uncirculated. There are now 100 serial numbers in all grades, and 18 purported to be UNC in the Gengerke census. I doubt that is far off, but there are three missing serial numbers at this point. PMG has graded six Gem - four in "65" and two in "67". Ours is one of the "65"s. This note has exceptional color, originality, embossing and margins, creating one of the finest possible examples. There were 704,000 notes printed. Graded Gem UNC 65 EPQ by PMG.

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