(PA-480 G184) India paper on card. Toppan, Carpenter & Co. Philad. & New York. A great blue printed Proof with a nice equine themed vignette at bottom left and bold red "TWENTY" protector over the signature panels. Odd color proofs like this are always popular. This example appears Uncirculated at first glance, but upon closer inspection a tear at the far right runs from top to bottom through the note. The mounting saves the integrity of the note which is still very appealing.,