Fr. 174 $100 1880 Legal Tender PMG Choice Uncirculated 64.. ...

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Single Finest Known Fr. 174 1880 $100 Silver Certificate

Fr. 174 $100 1880 Legal Tender PMG Choice Uncirculated 64.
Rarely are we graced with the presence of such high-caliber numismatic rarities. The small issuing window that produced the Fr. 172 in this auction is the same tenet under which this rarity was created. William Rosecrans and Conrad Jordan were in office together for just one year and eleven months between 1885 and 1887. Few notes were issued in that time period, and the heavy use that Silver Certificate and other metal backed notes received left the rest to survive heavy attrition. Six of the 18 known survivors are permanently impounded in institutional collections, including the Smithsonian, ANA, and multiple Federal Reserve Collections. The Fr. 174 is set apart from the others of the type, as there is no question which survivor is finest. This note is the lowest serial number in the census and happens to have the longest pedigree. It was first recorded as part of a Harley L. Freeman inventory, was then offered by B. Max Mehl in 1953, and resided in the heralded Amon Carter Collection. No other survivors are known above the Extremely Fine grade, making this stunning and attractive outlier an unquestioned trophy note for Large Size specialists.

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