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    Evenly Circulated Small Red Seal $50 Black Back Silver Certificate

    Fr. 329 $50 1880 Silver Certificate PMG Very Fine 25.
    The Track & Price census lists only 29 examples of Friedberg 329, with no auction records during the past five years. This note has apparently never crossed the auction block, although it is recorded in the Track & Price census. PMG has graded the note VF 25, with the comment, "Minor Repairs." We are able to spot three very short closed edge splits, but nothing else. This is the final $50 Silver Certificate to utilize the black back with the word, "Silver," in large capital letters, the most prominent feature. The face of this note is essentially identical to the nine previous varieties, save for the use of the small red scalloped seal which continues on, as the back design changes to the green back 1891 series. No third party graded 25 has ever auctioned, but two VF 20s sold over a decade ago, the first one in February 2005 during the somewhat overheated market for $63,250 and the other in November 2006 for $36,800 when cooler heads prevailed. Tonight's offering of this evenly circulated PMG VF 25 should find a realization in the $25,000 to $35,000 range.
    From the C.R. Chambliss Collection

    View all of [The C. R. Chambliss Collection ]

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    Auction Info

    Auction Dates
    Apr-May, 2018
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 230

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