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Better Know Your Notes: Hugh McCullough on Third Charter $20 National Banknotes

Better Know Your Notes: Hugh McCullough on Third Charter $20 National Banknotes

By Brad Ciociola, Currency Specialist

The $20 bill is considered by many to be the workhorse of commerce. It is the most widely used bill in day-to-day transactions and has been an institution of American currency ever since the first Continental Currency issues in 1775. The $20 bill was also a staple during the National Banknote period, especially in the Third Charter period of the early 20th century. Featured on those Series of 1902 $20 notes found in many of our collections is a familiar face. Not that of Andrew Jackson, but odds are you know little of the man on the note, Hugh McCullough.

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Name That Place!

Name That Place!

Put your numismatic knowledge to the test and if you can name that place! Check out next week’s eNewsletter for the answer. Can’t wait until next week? Visit Stack’s Bowers on Facebook or Twitter now for the answer!

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Exceptional Gem Ultra Cameo Proof 1882 Double Eagle

Exceptional Gem Ultra Cameo Proof 1882 Double Eagle

By James Matthews, Senior Numismatist & Consignment Director, U.S. Coins

This extraordinary 1882 Proof double eagle is graded Proof-65 Ultra Cameo by NGC and offers dramatic cameo contrast. Glassy, deeply reflective fields form a splendid backdrop to fully defined, frosty textured devices on both sides. The lack of distracting marks is particularly desirable in the fields since it allows full appreciation of the handsome "orange peel" texture for which many later date Proof Liberty gold coins are known. The original Proof mintage for the 1882 double eagle was 59 pieces. From that small issue, perhaps 13 to 15 survive today in all grades; this Gem example is clearly one of the finest known. Furthermore it offers the exquisite Ultra Cameo contrast between the perfectly mirrored fields and highly frosted devices. 
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