$20 1861 Demand Note, Fr. 11 New York =UNIQUE PROOF= SN: 00000, PMG

$20 1861 Fr.11, Demand Note "PROOF" America's earliest Federal circulating paper money. Only 5 issued notes in public hands, with lowest grade bringing $100K+. Unique as a proof. Serial number 00000, with expected punch hole cancellations. Dual sided and mounted on cardstock. PMG PROOF irreplaceable at any cost. *please note that this note did not receive a numerical grade from PMG, and was authenticated and encapsulated as a Demand Note Proof.

Series Year	1861
Country	United States
Denomination	$20
Grade	65
Signature
Grading Agency	PMG
Category	Legal Size Notes The Demand Notes of 1861
Serial No
Status	Active
Seal	-