Fr. 162. 1880 $50 Legal Tender Note. PMG Very Fine 30.
A rare type and denomination featuring a signature combination that is frequently seen on low denomination Silver Certificates, the engraved signatures of Register James Fount Tillman and Treasurer D. N. Morgan can be found along the bottom margin. A small red scalloped Treasury Seal is encountered to the right of the centermost denomination counter, an element which speaks to the bygone intricacies of the 1870s. Notes representing this Friedberg are rare sight in all grades. With 26 notes recorded by Track & Price and with two of those impounded in institutional collections, appearances at auction for this Friedberg are infrequent despite a sizable population for what is otherwise a prohibitively a rare type and denomination. With no Uncirculated examples known collectors must clamor over examples like this one which represents one of the finest known recorded at PMG if they wish to represent this Friedberg in their collection. PMG Pop 2/None Finer.
From the Porter Collection.
Estimate: $7000.00- $9000.00
Price realized | 5'500 USD |
Starting price | 4'200 USD |