T-20. Confederate Currency. 1861 $20. PMG Very Fine 20.Bold inks and broad top and bottom margins are observed on this 1861 Confederate $20 note, and it appears this note earned a Very Fine grade designation due to folds and light circulation. This is the first we have seen with these large margins as all T20s printed in Richmond were printed extremely close together on a sheet. This example is printed in Columbia (lower right corner). Most certainly worthy of a hefty premium.