Skip to main content
Go to accessibility notice


    Broadly Margined PCGS 65PPQ Five Dollar Educational

    Fr. 269 $5 1896 Silver Certificate PCGS Superb Gem New 65PPQ. Although not appreciated for their artistry when they were issued, the "Educational" series of Silver Certificates, consisting of $1, $2, and $5 denominations, is very popular with collectors today and is considered one of the most attractive U.S. paper money series. The $5 design ranked number five in the 100 Greatest American Currency Notes book by Bowers and Sundman. During the 1890s, houses and businesses were being wired for electricity and new uses were being discovered. The allegorical theme on the $5 is Electricity Presenting Light to the World, also known as Electricity as the Dominant Force in the World. The design, featuring Electricity personified at center holding a lighted bulb illuminating several other allegorical figures, was adapted from a painting by Walter Shirlaw. Among his many accomplishments, Shirlaw helped found the Chicago Institute of Art and he was also the first president of the Society of American Artists. The female figures portrayed on the note are bare breasted which led to an outcry by society women in Boston and in turn led to many bankers refusing to accept the notes. The controversy over the $5 Educational note has been cited by several sources as the origin of the phrase, "banned in Boston." The ornate back features portraits of Civil War Union Generals Ulysses S. Grant and Philip H. Sheridan. Graded PCGS Gem New 65PPQ, this is a gorgeous Friedberg number 269 example. An identical PCGS 65PPQ realized $17,250 in our January 2010 sale.

    Auction Info

    Auction Dates
    Apr-May, 2010
    28th-3rd Wednesday-Monday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 1,888

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold on Apr 30, 2010 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 23 days left to consign to the 2022 January 5 - 10 FUN Currency Signature® Auction - Orlando FUN!

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search