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    Charming, Well-Circulated Serial Number One 1880 $20 Black Back Silver Certificate

    Fr. 312 $20 1880 Silver Certificate PCGS Good 4.
    The existence of this serial number one 1880 $20 Silver Certificate is a miracle. Unlike almost all other known serial number one notes, it clearly spent considerable time in actual circulation. It does not have the pocket piece look that many special number notes have. Its survival was purely random and its circulation is undoubtedly genuine. It is the only known serial number one example from any denomination of these Black Back Silver Certificates. We can find no prior history of this note other than a single reference in an obscure census, "Dean Oakes, reported by Walter Breen." It is the only example of its Friedberg number with a serial number lower than four digits. The colors of the black back, red seal, and blue serial number are remarkable for a note in this grade. This is a rare number in all grades, with only 35 examples reported in Track & Price. Of those 35, only 26 examples have sold at auction, none of which have been graded Uncirculated. This is this cataloger's favorite note from Dean's spectacular serial number one collection, although the higher grade, more handsome pieces will certainly realize far more.
    From the Dean Oakes Serial Number 1 Collection

    View all of [The Dean Oakes Serial Number 1 Collection ]

    Auction Info

    Auction Dates
    Apr-May, 2018
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 476

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