Surcharge “M-2-6-5”. Letter “a”. A key to the set, scarce in any grade and still exhibits a solid bronze overprint. The note has been tape repaired as visible on the reverse.

Dark Background. Well inked with bright premium paper and nice margins.

FR-PA-160. Well inked with 3 signatures, legible to strong.

NGC XF. Quadripartite.

MD-68. An attractive note with solid ink, premium paper with a fresh appearance, and bold signatures.

NGC VG. Shield and Khantaros.

Surcharges “18-63” and “R-1”. Fiber Paper. Bold bronzing and clear surcharges. Nice margins with bright paper.

Red Back. Portrait of Spenser M. Clark. Well margined with wide borders on the front. The inking is vivid and the premium paper is bright. Great eye appeal!

Red Back. Portrait of Spenser M. Clark, first Superintendent of the National Currency Bureau (now the Bureau of Engraving and Printing). Well margined with strong inks and premium paper.