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1869, $20 United States Note FR127 CGA 67

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:8,500.00 USD Estimated At:17,000.00 - 25,000.00 USD
1869, $20 United States Note FR127 CGA 67
Pop: 1. A strikingly beautiful gem with a wealth of underlying colors on its fresh white surfaces. Nicely printed in all areas with just superb margin balance at all four borders. The colors on the lower denomination Rainbow notes of 1869 are green, blue and red, on a white background of banknote paper. However, for the $20 series, and this series only, the green tint is skipped, leaving a truly patriotic red, white, and blue appearance. Talk about eye-appeal! A lovely coin!

On the 1869 series, the notes are titled "Treasury Notes;" while all later issues of the legal tender obligation are titled "United States Notes." However, the obligation on all series is the same. "The United States will pay to bearer dollars…. This note is a legal tender at its face value for all debts public and private, except duties on imports and interest on the public debt."