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    Gem R Experimental Silver Certificate Star Note

    Fr. 1609* $1 1935A R Silver Certificate. PMG Gem Uncirculated 65 EPQ.
    This is a rare star as PMG has graded only six examples in Gem grades with just one of those notes graded higher than this broad-margined beauty. In 1944, the Bureau of Engraving and Printing conducted a test using a special new paper. To conduct the test, 1.184 million 1935A Silver Certificates with the special paper were overprinted with a large "S" at lower right on the face. The "S" was used for the special paper while a control group of the same number were printed with a large "R" for regular paper. The experiment included the printing of 12,000 star notes for each variety. When the experiment was complete, the BEP found the results were inconclusive, and survivors of the replacement notes are particularly rare in all grades. We last sold a PMG 65 EPQ example for $16450 in August 2015, and you can fully expect this piece to easily match that figure.

    Auction Info

    Auction Dates
    Apr-May, 2017
    26th-2nd Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 284

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