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Fr. 1176 $20 1882 Gold Certificate PMG Gem Uncirculated 66 EPQ.. ...
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Finest Known Friedberg 1176 $20 Gold Certificate
Fr. 1176 $20 1882 Gold Certificate PMG Gem Uncirculated 66
EPQ.Series 1882 $20 Gold Certificates were issued for more than 18 years. However, there was a huge gap between 1891 and 1898, where no new plates or print runs were ordered. The gap leaves us with five signature combinations from the "early issues" and a lone signature combination for the "later issues." Those intervening years were the entirety of the Panic of 1893 which ravaged the country until around 1898 when the unemployment rate dropped and money began to move. Just 8% of the total number of printed 1882 $20 Gold Certificates are from this early issue, and the survivors are quite scarce. This note and one other PMG 66 EPQ Fr. 1177 represent that two finest known notes from that early time period, and feature one of two different brown seals. The margins are as large as one will find for the type, with a deep wheaten gold underprint on the face. The paper wave and embossing that can be seen through the holder are unmistakably original.
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