First Superb Gem OfferingFr. 273 $5 1899 Silver Certificate PCGS Superb Gem New 67PPQ.
While scarce, the Vernon-Treat signed $5 Silvers are not the rarest of the Chiefs. In high grade, however, they are a very close second to the Fr. 274. Until this evening, a third party graded Superb Gem has not been offered at public auction for either number. The grade rarity is reflected in the auction records with Gem 66s commanding prices that are sometimes multiples of the numbers commanded by their similarly graded counterparts. In January of 2008, one PMG Gem 66 topped the $32,000 mark. All four margins are broad for the type and the original embossing is unmistakable.
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