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Ripley - Ohio - CH 3291 - FR 639 - PCGS 55

SKU: FR639AA

Availability: In stock

$3,500.00
SURPRISINGLY RARE HIGH GRADE $20 RED SEAL

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High grade 1902 Red Seals are tough notes. One can spend years trying to complete a nice type set. Also, as the denomination increased, so does the rarity. Typically, when national banks requested $20 bills from the Treasury Department, they were usually printed in sheets of $10-$10-$10-$20. So right off the bat, large size $20 national bank notes were 3 times rarer than $10 notes and four times rarer than $5 notes (printed in sheets of $5-$5-$5-$5). $50 and $100 were usually printed in sheets of two ($50-$100) and are exceptionally rare. Combine this with the fact 1902 Red Seals are one of the RAREST large size nationals extant, finding high grade examples can be a challenge.
Grading Service PCGS
Nationals State Code OH
Charter Number 3291
Friedberg Number 639
Rust Number No
Denomination Type National Bank Note
Error Note? N/A
Grade AU55
Currency Designation N/A
Country of Origin No
Holder Variety No
Numeric Denomination No
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