INTAGLIO IMPRESSION: $50 1914 Federal Reserve Note Back Design Only "Panama" PCGS 66PPQ

This is an Intaglio Impression. 

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$50 1914 Federal Reserve Note Back Design Only 

The back design features Panama to commemorate the opening of the Panama Canal that year. An allegorical figure of Panama is situated prominently between a merchant ship and a battle ship.

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PCGS Gem New 66 PPQ

INTAGLIO IMPRESSION: $50 1914 Federal Reserve Note Back Design Only "Panama"  PCGS 66PPQ