Friedberg Unlisted (W-Unlisted). Act of March 3, 1863 $500 Interest Bearing Note. PCGS Currency Extremely Fine 45. Face and Back Essay Proof.Hessler-ITE30. Printed on India paper married to card. The face background was prepared with a medal-ruling machine. Black lettering against a light gray background. Interest table boxed at center with white background. Christopher Columbus at left gazing at natural scenery to right. Back in green with an engraving unique to this experimental design. Obligation at left and counterfeiting clause, right. Ornate central counter with 500 and superimposed and entwined US. Strictly an experimental design in nature as the engraving method is a vastly different procedure than used on all federal designs produced for circulation. Excellent appeal and detail are seen with just a small pair of mounting remnants at the left and right of the back. One of just three face and back pairs known by Hessler. PCGS Currency mentions "Mounting Remnants and Stains" in the comments section of the holder.From Lyn Knights sale of August 21-23, 2003, lot 2213 (unsold); Bowers and Merenas sale of the Ezra Cole Collection, January 23-25, 1986, lot 4025; Lester Merkin Auction, August 21, 1976.
