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    Very Scarce Fr. 365 $5 "Open Back" Note

    Fr. 365 $5 1891 Treasury Note PMG Extremely Fine 40.
    The final $5 1891 Treasury Note with the "open back" style, and very scarce. There were 700,000 printed, and Track & Price currently reports only 32. We have not handled many examples in this grade. Considering their scarcity, we consider them undervalued compared to some other rare type notes. The lower left corner is rounded inward slightly, but this is a bright note with sharp color. Ex: our Currency Auctions of America, May 2000 sale, lot 1539 (realized $1,650).
    From The Mike Coltrane Collection.


    Auction Info

    Auction Dates
    June, 2021
    24th-25th Thursday-Friday
    Bids + Registered Phone Bidders: 20
    Lot Tracking Activity: N/A
    Page Views: 235

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