Fr. 126b. 1863 $20 Legal Tender Note. PCGS Banknote Choice Uncirculated 63. The design features Liberty standing at center with sword and shield in hand ready to defend the Union. Ornate denomination counters flank her to left and right with a large green 20 seen at top center. This issue has the Second Obligation back layout with the text inside an oval frame. Bright paper and bold ink are also of note. The eye appeal of this note is excellent and offers four nicely framed margins with good centering and nice originality, however it appears a small spot of foxing in the bottom left corner prevented the PPQ designation.<p>This issue continues the general face design used on $20 Demand Notes. At the center is the standing figure of Liberty with a sword in her right hand and with her left resting on a shield. We estimate that about 734,000 were printed. We believe that fewer than 200 can be accounted for today.<p>Printed signatures of Chittenden and Spinner. "American Bank Note Co. New York" at bottom border. Treasury Seal nearly at far right. Red serial numbers at lower left and upper right. New Series 21 to 28.<p><p>
