Similar overall to the rest of the Series of 1880 in composition, this particular specimen holds a distinction unshared by most of its counterparts. Featuring the engraved countersignature of Assistant Treasurer T. Hillhouse, this note stands among exclusive company as one of only 16 examples of this prohibitively rare Friedberg Number recorded by Track & Price and accounts for the finest graded at PMG per the PMG Population Report. Its sole better (B10423) at least per the grade recorded in the Gengerke Census is entombed in the holdings of the ANA Money Museum in Colorado Springs and leaves the example offered here the finest available to collectors seeking to represent this Friedberg Number in their own collection. Even so this example is a noted outlier when held against all of its peers offered at auction in recent years. One example of this Friedberg Number (B11313) sold for $8,400 at auction in January and bore a comment from PMG stating "Repaired." Another specimen (B326462) sold for $15,000 despite a "Missing Corner Tip" per PMG and a cursory visual inspection. As for the example offered here today; it realized $66,000 when it last appeared at auction in January 2023 and before that $14,000 in December 1992 when we sold it as part of James W. Thompsons collection of Silver Certificates (Lot 154). On top of that, this note can trace a history back to the early 1960s before William P. Donlon offered it in 1974 when it sold for $3,800. This is without a doubt a note worthy of an elite and comprehensive collection and one sure to go unoffered for years or even decades barring only the most unexpected of circumstances and should rightly see much attention in the way of bidding. PMG Pop 1/None Finer.From the Shores Collection Part I.
