Value of Twenty Dollar Interest Bearing Treasury Note from 1864
|Year: 1863 / 1864
|Type: Interest Bearing Treasury Note
|Denomination: Twenty Dollar Bill
|Value: All interest bearing notes are rare. The exact value is just based on the condition of each bill
|We purchase all $20 interest bearing notes. Send us an email to tell us what you have email@example.com. We will respond quickly with our opinion and offer.
|Description: Twenty dollar interest bearing treasury notes are rare. Based on serial number records, we known around 40 currently exist. These are also old enough to the point that many more aren’t being discovered frequently.
Abraham Lincoln is shown on the right hand side of the bill. A mortar is in the center and lady “Victory” is pictured on the left hand side of the bill. As you can tell by the population of these notes, they are rare and despite the less than interesting design, these notes are also actually popular. If you have an 1864 treasury note, please send us a picture of it so we can make an offer.
|Variations: There are only two varieties of 1864 twenty dollar interest bearing notes. You can tell which variety you have based on who printed the note. If your note was printed by American Bank Note Company or The National Bank Note Company then you have the first variety. The second variety of notes were printed by The Bureau of Engraving and printing, aka The U.S. Treasury
|Inscriptions: Legal Tender For Twenty Dollars – Treasury Note One Year After Date The United States Will Pay To The Bearer With Five Percent Interest Twenty Dollars – Act of March 3rd 1863 – Register Of The Treasury – Treasurer Of The United States – This note is a legal tender at its face value excluding interest, for all debts public and private, except duties on imports and interest on the public debt, Counterfeiting or altering this note, or passing any counterfeit or alteration of it, or having in possession any false or counterfeit plate or impression of it, or any paper made in imitation of the paper on which it is printed, is felony, and punishable by $1,000 fine, or 15 year imprisonment at labor or both.