Lot 2399
1882, $20 National Bank Note. The San Miguel NB, Las Vegas, New Mexico Territory. Ch. #2454. PCGS Very Fine 30PPQ. Fr-50. . Fr-504. . KL-1269. A wonderfully original note, this $20 Territorial Brown Back has numerous attributes, including attractive color, great embossing, and terrific eye appeal. The bank was in existence from 1880 until it was liquidated at the beginning of 1920. The majority of survivors from this bank are $10 notes. Only two $20 Date Backs are recorded in the National Bank Note Census, with this the sole $20 Brown Back listed. The note realized $2600 in a 1987 Hickman & Oakes sale.
Estimated Value $6,000 - 9,000.
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