Fr. 65 (W-653). 1875 $5 Legal Tender Note. PCGS Gem New 66 PPQ.，A truly scarce "Woodchopper" type, one with fewer than 80 examples recorded in the census. This is the single finest note graded by PCGS or PMG. The face printing is exceptionally well framed by even margins while the engraved design elements feature bold black inks. The central vignette of the pioneer family that this type is named for exhibits incredible detail. Ornate red overprints are found on the face while the intricate green printed back design displays a strong impression.<p><p><p><strong>$5 Legal Tender Notes, Series of 1875</strong><strong><em></em></strong><p>The nicknamed "Woodchopper" note design by Henry Gugler was formally called <em>The Pioneer </em>and <em>The Pioneer Family. </em>Depicted are a frontiersman, holding the handle of an axe, probably used in cutting lumber for the rude shack that was home also to his wife, babe in arms, and loyal dog. This was evocative of the American spirit in an era in which the West was still being settled. This motif first appeared on the "Rainbow" $5 Legal Tenders of 1869 and was continued well into the 20th century-one of the longest lived "scenic" motifs among large-size currency. The portrait of Andrew Jackson on the face of the note was engraved by Alfred Sealey after a painting by Thomas Sully.<p>The Series of 1875 notes include various signature combinations. The Treasury Seal is small and is to the left. To the right is a large rose ornament. No longer is there a star after the serial number seen on Series of 1874 notes and the green overprint has been eliminated. The first two groups printed had "SERIES A 1875" or "SERIES B 1875" in pink at the bottom border right of center.<p>The back was completely redesigned for this series. The imprint "COLUMBIAN / BANK NOTE" is at the top in two panels and "COMPANY / WASHINGTON, D.C." is in two panels at the bottom. As a class, Series of 1875 notes were issued from July 20, 1875, to June 20, 1879. <p>Examples of F-65 (W-653) display Allison-New signatures (in office together in 1875 and 1876) and a small red seal with scalloped borders. The print run was 3,800,000. We estimate that no more than 100 survive, mostly well-worn.，From the Joel R. Anderson Collection of United States Paper Money, Part I. Earlier from Kagins sale of November 1987, lot 3459; Stacks sale of March 1995, lot 890; Stanley Moryczs May 1995 Fixed Price List; Currency Auctions of Americas sale of May 1999, lot 1165; Lyn Knights sale of October 2000, lot 576; Lyn Knights sale of October 2005, lot 232.，
