Lot 50
Solid Serial #33333333. Gem New Fr. 2070-D 1993 $20 PCGS 65PPQ. Nicely centered with punch through embossing on this beautiful note is evident at the first glance. This beauty is a perfect match to the other $20 notes in the ONLY KNOWN complete set of $20 FRNs with s/n's 11111111 - 99999999. Estimated Value $1,600 - 2,600
A meek attempt at anti-counterfeiting was introduced with some bank notes starting with the $20 1990 series. The BEP installed a thin vertical strip to the left of Jackson's portrait with the number 20 imprinted throughout the thread. It was initially thought this might be enough to deter counterfeiters but printers in other countries quickly found a way to simulate this anti-counterfeiting device, leading to the development of the "Big Head" design introduced with the 1996 $20 FRNs.
Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions.
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| Realized $1,920 |
