1934 $ 20 Federal Reserve Changeover pair with book ends PMG 64 EPQ # 515 - # 518

BEING OFFERED TODAY IN AN EXTREMLY RARE AND I DO MEAN RARE, CHANGEOVER PAIR OF 1934 SERIES $ 20.00 FEDERAL RESERVE NOTES. THESE NOTES NOT ONLY HAVE THE CHANGEOVER PAIR, BUT THEY ALSO HAVE THE NOTES IN FRONT AND BACK OF THE PAIR. THIS IS CALLED HAVING THE “BOOK ENDS”. THIS IS THE FINEST KNOWN EXAMPLE OF THE CLEVELAND SERIES WITH BOOK ENDS!!
THAT IS WHAT MAKES THIS A ONE OF A KIND SET.

PLUS, THE FIRST BOOK END NOTE AND THE FIRST NOTE OF THE CHANGEOVER PAIR ARE ALSO MULE NOTES! ALL TOGETHER, THIS IS A CONSECUTIVE SET OF FOUR NOTES!! WHICH MAKES THIS SET EVEN MORE RARE! SO MUCH GOING ON IN THIS ONE OF A KIND SET.

ALL FOUR NOTES ARE GRADED IN PMG 64 CHOICE UNCIRCULATED EXCEPTIONAL PAPER QUALITY (EPQ)!

A mule note is a note that has a micro plate number on one side, and a macro plate number on the other. Micro numbers measure 0.6mm and macro numbers measure 1mm high.

Changeover Pairs are an interesting phenomenon that occurred during the early years of printing currency. Changeover pairs are consecutive notes that transition to a different series. In this case the notes are 1934 to 1934 A. They are highly sought after for their rarity and collectability.

This process occurred because the Bureau of Engraving and Printing (BEP) workers kept using old plates due to high engraving costs. Some signatures were already engraved into the plates even long after a signer had left their office, or the plates would be used until they wore out or were retired.

They would group together various face and back plates on the same press. After the first and second printing (where the differences of series would occur) the sheets would be cut and compiled into one stack. All that was left was the third printing which contained the serial numbers. The stack of partially completed notes would be numbered in sequence.

The notes are from the Cleveland Series, which is designated by the “D” on the left side of both notes. (see pics). These changeover pairs with book ends in this high grade rarely come up for sale, so here is your opportunity to obtain a set for your collection or investment portfolio!! This set of notes is virtually impossible to find in this condition.

The color just pops off the notes. The margins are centered very well, and the ink just pops off the notes.  The colors are bright and bold. The vibrant colors and well-preserved paper add to the visual eye appeal. These notes have fantastic eye appeal.   The notes show no sign of wear on the corners or the sides.  All of the corners and edges of the note are crisp and clean.  There are no pinholes, rips, stains, or tears. 

The notes will be encased in a long-term preservation holder. The holder is made to enhance the presentation of the encapsulated note and protects against tampering. The notes pictured are the exact notes you will receive.

If you are an avid collector of true quality currency, then these notes are for you. This opportunity is for the discerning currency enthusiast who has been waiting for a TOP QUALITY offer such as this. So, if you are looking for something out of the ordinary, then look no further.

These notes are encased and sealed by PMG. Every PMG certified note is backed by the industry leading PMG guarantee, which provides greater protection for both BUYERS AND SELLERS.