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Spectacular Superb Gem New 67PPQ Fr. 262 - Tied for Finest by Either Service

Fr. 262 $5 1886 Silver Certificate PCGS Superb Gem New 67PPQ.
We sold this spectacular Silver Dollar Back as part of the Greensboro Collection in April of 2013, where we noted "We were pleased to examine this example before it was sent to PMG. Our description of the raw note read, 'Beautiful centering and deep, original embossing as well as full, flashy colors and snow-white paper all combine on this much less available Silver Dollar Back number. Fewer than 80 examples are known of Fr. 262, making it one of the scarcer pieces of its type. By comparison, just under 300 Fr. 263s are known. This note is a new serial number that drops right into the run of about a dozen known Uncirculated examples. None are likely nicer than this utterly pristine piece.' PMG agreed fully with our Superb Gem grade, even bestowing the coveted 'Exceptional Paper Quality' qualifier along with the Superb Gem New 67 grade. Heritage has sold this note twice before, as a raw note in 2006 for $46,000 and when it first arrived in its PMG 67 EPQ holder as part of the Jupiter Collection in September 2008. At that time it realized $74,750. Neither grading service has as of yet graded a 68 of this number, and it is not likely that either will." In its 2013 appearance, the note fetched $76,375. In the intervening two years it has now been crossed over to PCGS, where it still reigns as one of the two finest Fr. 262's graded to date. If you can afford and desire only the finest, this is absolutely a note that should be on your list to bring home this evening.


Auction Info

Auction Dates
January, 2015
7th-12th Wednesday-Monday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 1,254

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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