Fr. 207 (W-2620). 1861 $50 Interest Bearing Note. PCGS Very Fine 25.

Fr. 207 (W-2620). 1861 $50 Interest Bearing Note. PCGS Very Fine 25.，Many notes in the Anderson Collection are unobtainable elsewhere for any price. Once sold, no amount of money will secure an example unless the buyer opts to sell. Opportunity is everything. <p>This $50 Interest Bearing Note is among those cases, unique for the design type with no other examples known privately or in institutional collections. These $50s were printed by the American Bank Note Company and bear green border prints and protectors. Two interest coupons remain attached at right. The paper displays even circulation and remains quite bright. All of the printed inks display boldly. It is a museum-quality offering of a type that can only be owned by one fortunate collector at a time. A prize for the most advanced of collections, with the added appeal of having been payable to a famous person, Colonel Samuel Colt, the famous firearms manufacturer who was a major supplier to the United States government at the time. <p><p><p><p><p><strong>$50 Interest-Bearing Notes, First Series, July 17, 1861, 7.3% Interest, 3 Years</strong><p>A fierce eagle is found perched on a rock at center with wings spread. Large 50 die counters flank the central vignette at left and right. This example features hand signed Treasury officials signatures at lower left and right. <p>These were printed with three notes to each sheet. Green printing is on the lower face of the note, and the border is in green, composed of "L" counters. "American Bank Note Co. New York" is on a label at the lower center. The back is in green, with imprints. These were issued with five coupons attached to the right end of the note. The interest on the $50 note was at the rate of one cent per day.，From the Joel R. Anderson Collection of United States Paper Money, Part I. Earlier from Robert F. Schermerhorn; Harry W. Bass, Jr; Harry Bass Research Foundation; Bowers and Merenas sale of May 1999, lot 107; Heritage Auctions sale of February 2005, lot 16756.<p>，