Rare Early $50 Silver CertificateFr. 328 $50 1880 Silver Certificate PCGS Very Fine 30.
Series 1880 $50 Silver Certificates were printed into the early 1890s, yet just 416,000 of them were issued in total. That number includes all five signature combinations. This example bears the signatures of William S. Rosecrans and J.N. Huston, indicating it was printed during their time together in office between May 1889 and April 1891. Today a mere 28 survivors are listed in census records, eight of which are a part of permanent institutional collections, including the Federal Reserve and Smithsonian. The survivor offered here is a departure from the other notes at this grade level, which are often seen with repairs or improvements. The large brown, spiked seal at center is richly colored, complementing the deeply printed black design details which are ornate and beautifully balanced from left to right. Though a few finer examples are known, the likelihood of one of the finer examples appearing on the market in the next decade is improbable.
Ex: Eric P. Newman Numismatic Education Society.
View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]
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A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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