T9 - $20 Hoyer & Ludwig

from the second issue, July 25, 1861

A three masted sailing ship is in the center of this note and a figure "20" is at the left. This is another old design. The total issue was 264,988. There are 14 varieties of this note due to differences in plate letters (B, C, Cc, Ccc and D), "For" printed or written, plain, bond or thin papers, and differences in the denomination vignettes. This type is also known stamped with "P." The ink used is black.

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