Fr. 127. 1869 $20 Legal Tender Note. PCGS Currency Choice New 63 PPQ.

Stunning $20 Rainbow Legal Tender Note Fr. 127. 1869 $20 Legal Tender Note. PCGS Currency Choice New 63 PPQ. Spared from circulation and burdened with a degree of eye appeal consistent with a higher grade, this Choice New 1869 $20 Legal Tender note is indeed a sight to behold. Featuring a right-facing portrait of the esteemed Alexander Hamilton at left opposite a helmeted female allegorical figure holding a shield and sword defiantly based on a drawing done by John William Casilear, this design echoes a visual tradition that endured through the 1920s with uncommon pomp and eye appeal. Here a large reddish-pink spiked Treasury Seal situated abreast of Hamilton's portrait cuts a fine form while like-colored serial number panels and ornamental flourishes can be found at the bottom left and along the top margin. The engraved signatures of Allison and Spinner assume a prominent position directly below "TWENTY DOLLARS" engraved in a distinctly gothic font and can be seen directly to the right of the blue-tinted security streak based upon Wilcox's 1866 patent, a device which lends ample testament to the "Rainbow" moniker often repeated in catalogs and numismatic reference material. The back design by contrasts comes executed in a bold Egyptian-esque geometric pattern. Here that design is boldly printed in a multitude of green inks like its contemporaries for the type and speaks to the day this note was printed over a 150 years prior likely during the 1870s. A prominent anti-counterfeiting clause contained within a circular frame may also be noticed and assumes a prominent position at center flanked by large counters emblazoned "XX" and "20" while many smaller counters are repeated dozens of times in small Arabic numerals on both sides throughout the entire back design. This held together with the nature of the grade assigned, it takes little to reason that bidders have an opportunity and one not to be missed especially at our current estimate as these $20s issued under the Series of 1869 account for a rarity where even a respectable population often fails to satiate collector demand. Estimate: $15,000 - $25,000.

Estimate:$9,000

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