Fr. 1175a. 1882 $20 Gold Certificate. PMG Choice Very Fine 35. Acton Engraved Countersignature.A noted rarity compared to those issued in the early 1900s with the Lyons - Roberts signature combination. Notes like this one are among the earliest to be issued for the Series of 1882 on account of the engraved countersignature of Thomas C. Acton who served as the Assistant Treasurer of the United States (New York) from 1882 to 1886. Appointed to the office of Assistant Treasurer by President Chester A. Arthur, Acton upon taking office had to personally sign more than 100,000 Gold Certificates ranging from the $20 denomination to $10,000 notes that never circulated. Acton was soon relieved from the duty of having to sign Gold Certificates when an engraved facsimile of his signature was later added to the printing plates. This feature was nonetheless short-lived and subsequently dropped. Notes featuring Actons engraved countersignature are rather scarce, with little more than two dozen pieces known for the $20 denomination. Most examples are evenly circulated with a few outliers extant including a specimen that achieved a grade of Choice Uncirculated 64 EPQ (A293061) that sold for $138,000 in 2006. This example is decidedly above the norm, but not an outlier like some of its fellow survivors. Moderate circulation speaks to the sum of circulation experienced by this note before circumstance prompted its preservation while the reddish-brown overprint typical of the 1880s cuts a distinct impression utterly foreign to the Gold Certificates from the Twentieth Century that are typically seen at auction.
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