Very Scarce Fr. 265 - One of the Few Uncirculated Examples KnownFr. 265 $5 1886 Silver Certificate PCGS Choice New 63.
Fr. 265 is by far the scarcest of the $5 Silver Dollar Backs, with just over three dozen examples reported in all grades combined. The vast majority of pieces are well circulated, with the grading service census revealing that PMG has graded only two pieces higher than Extremely Fine and PCGS has graded only two pieces higher than About Uncirculated. The note we offer tonight is one of those two, and it is the only one of the Uncirculated or better PMG or PCGS graded notes to make it to the auction block.
From The Greensboro Collection Part II
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