Fr. 18. 1869 $1 Legal Tender Note. PMG Choice Uncirculated 64 EPQ.Nothing short of an expression of color and eye appeal manifested by uncommon hues. This Series of 1869 $1 Legal Tender Note is a sublime wonder that stands among rare company for a series and denomination renowned for being largely represented by pieces that have experienced circulation. Serving as the aesthetic basis for many subsequent iterations of the $1 Legal Tender Note through the early 1920s; the Series of 1869 retains basic elements such as the left-facing depiction of Washington and Joseph P. Ourdans vignette entitled <em>Columbus in Sight of Land </em>at left. Yet this issue is strikingly different thanks to a cacophony of colors. Uncommonly rich blues are exemplified by the coloration seen to the immediate left of Washingtons portrait. This is a result of this note being printed on security paper provided by the Wilcox Company which favored the blue-colored strip laden with silk fibers as a patented method to combat counterfeiting. By contrast, the red Treasury overprint accounts for a stark contrast against the aforementioned blues and the green underprinting seen along the top margin and helps underscore and contextualize the "Rainbow" moniker often applied when the Series of 1869 Legal Tender Notes are mentioned. This is without a doubt, a truly superior specimen worthy of a premium bid. The fact that this specimen has managed to achieve a grade of Choice Uncirculated 64 EPQ is all the more remarkable and serves to confirm the previous statement while triumphantly placing this note far and above most of its surviving peers. Noted for "Exceptional Paper Quality & Great Color" by PMG.
