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    Description

    1886 Silver Dollar Back in Gem 65PPQ

    Fr. 263 $5 1886 Silver Certificate PCGS Gem New 65PPQ.
    A pleasing example of this iconic note. The big brown seal on the face sits in perfect contrast to the creamy white paper. The five Morgan Silver Dollars on back signify the note was backed by Silver, as was the case for all Silver Certificates at the time which had an equivalent number of coins were sitting in Treasury Vaults. The glut of silver in the Treasury vaults was a result of a push by Senators in Western states to create government demand for silver, which was being pulled out of mines faster than the economy would normally consume it. Four even margins frame the design and the printed details are crisp.


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    Auction Info

    Auction Dates
    January, 2017
    4th-10th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 254

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