Large Red Spiked Seal Diamond Back Twenty Dollar Silver
Fr. 313 $20 1886 Silver Certificate PMG Very Fine 25.
A very rare number with only 19 pieces listed in the Track & Price census. PCGS has graded five, a single Uncirculated note, a VF 35 and this VF 30, along with two lower grade pieces. PMG has graded a single 55 and a few VFs, including this handsome problem-free VF 25. With broad, even margins and its excellent color, this large spiked salmon-red seal dominates the left end of the note and gives this piece its magnetic visual allure. Once notes of this caliber cross the auction block, they tend to stay away for a while. If you cannot afford an AU or an Unc, both of which have realized over $100,000 more than 10 years ago, this stately mid-grade VF 25 is the perfect piece.
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