VF20 1869 Rainbow Fifty with Great Color for the Grade
Fr. 151 $50 1869 Legal Tender PCGS Very Fine 20.
Rainbow Fifties are a rare and extremely popular one-number type with only 67 pieces listed in the Track & Price census. That number includes pieces that have been reported by serial number, but never offered at auction. It could very well include a few contemporary counterfeits which were some of the best of their time and continue to fool census takers if not carefully examined. This example is quite well margined with excellent ink colors. PCGS has not Apparent-graded the note, but they have made a few negative comments: "Edge Splits and Tears; Repairs." In spite of those problems, the strong Rainbow colors make this a very handsome piece of this ultimately popular type.
From The Yuri Solovey Collection
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