Type of Friedberg 124 (W-1961-1963). 1862 $20 Legal Tender Note. PCGS Currency Choice New 63. Back Proof.Hessler-701. First Obligation. One of the more basic back designs found on federal currency but from a denomination and series that is scarce to rare in any form. Large outlined 20 counters at left and right flank a central oval with obligation within and encompassing UNITED STATES OF AMERICA. A similar piece sold in Nascas 1986 sale as lot 1417. We are unaware of any other public offerings. PCGS Currency mentions "Stains," in the comments section of the holder. "Design No 19; 1st Obligation," penciled at the upper right corner of the verso.