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    Description

    Bright $5 PMG Gem Uncirculated 65 EPQ

    Fr. 267 $5 1891 Silver Certificate PMG Gem Uncirculated 65 EPQ.
    At this grade level, this type is far scarcer than the 1886 variety with the Silver Dollars on the back. Due to the popularity of the Silver Dollar Back, the earlier type consistently realizes around $20,000 at the 65 level. These 1891 Fives, with identical face designs, are considerably rarer, yet they realize only about $6000 at the 65 grade level. The census numbers are borne out by PMG's population report, which shows 31 Silver Dollar Backs graded 65 and over, against only fifteen 1891's. Value and rarity can be quibbled over all day; what cannot be debated is the exceptional quality of this piece. It is 100% fully bright, ideally centered on both sides, and displays wonderful original paper wave, which can be seen simply by looking at the note, or if you wish, by reading the holder which states, "Exceptional Paper Quality."
    From the Menlo Park Collection


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    Auction Info

    Auction Dates
    January, 2011
    6th-10th Thursday-Monday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 336

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