Fr. 329 $50 1880 Silver Certificate PCGS About New 53PPQ.. ...

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Finest Known Friedberg 329 $50 Silver

Fr. 329 $50 1880 Silver Certificate PCGS About New 53PPQ.
A wonderful example of this very rare "Black Back" $50 type, seen here with a red scalloped Treasury seal more commonly associated with the "Open Back" notes of the Series of 1891. Just 120,000 examples of this Friedberg number were printed, and today, just 31 are known to survive. However, of that small number, five are permanently off the market in government hands. The note we are pleased to offer this evening has been acknowledged as the finest of the 31 known pieces in or out of museums ever since its first public appearance in a 1976 Dean Oakes Fixed Price List. Beautiful colors and very large margins add to the appeal of this extremely striking design.
Few major rarities of any design type have survived the years of collector temptation to improve them. However, this beauty is a happy exception with its original paper surfaces clearly evident. But for a single corner fold and some minor handling, this note would grade Gem New. We are delighted to have the opportunity to place it into a collection where it will bring pride for years to come.