PMG Gem Uncirculated 65 EPQ. Finest Known Example of the Type.
The type is absolutely captivating and at this grade level the visual appeal is stunning. Ourdan, the bald eagle perched on a rock with wings spread dominates the left side of the note. Green border prints frame the design which also has ornate black kaleidograph die counters at lower left and upper right and a slightly larger green kaleidograph die counter in the same style just right of center. Printed signatures of Chittenden and Spinner are along the bottom border while a red spiked Treasury Seal is near the upper right.
Act of March 3d, 1863 is in the top left corner. New Series 1 is seen at right.
This catalog number features dual serial numbers where earlier versions had just one. An ornate Second Obligation back is seen on this example. Second Obligation notes do not mention exchanging the notes for 6-20 bonds as do the First Obligation examples. The imprint of the National Bank Note Company is found on both the face and the back.The entire series of 1862 and 1863 Legal Tenders are notorious for poor margins and less than ideal cuts. The frame of the designs were larger than on later series and that typically resulted in notes cut into the design frame or otherwise poorly margined. This plate D example however is a welcome departure from that norm with three ample margins seen at the left, right and bottom, while the top edge is fully framed though thinly margined (as should be expected from the plate position). The green border prints and protector are vibrant while the black printed engraved design elements, including the all-important eagle, are vividly detailed.
The red spiked Treasury seal is boldly presented in the top right portion of the note while the red serial number 57916 is neatly inked to the lower right. All of the intricate details of the ornately designed green printed back are exceptionally displayed. No serious large size type note collection can be considered complete without this type and this note is the best of the best. Stacks Bowers Galleries has been conducting live, Internet and specialized auctions of rare U.World, and Ancient Coins and Currency since 1933. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions. 167a 1863 $100 Legal Tender Note PMG Gem Uncirculated 65 EPQ" is in sale since Thursday, August 27, 2020. This item is in the category "Coins & Paper Money\Paper Money\ US\Large Size Notes\United States Notes". The seller is "stacksbowers" and is located in New York, New York. This item can be shipped to United States.