Fr. 785. 1918 $5 Federal Reserve Bank Note. Cleveland. PMG Choice Uncirculated 64.，A very pleasing note for the grade, with nice color, good centering and broad margins. <p><p>According to the <em>Whitman Encyclopedia of U.S. Paper Money</em>, an estimated 250 to 350 examples of this note may exist. According to the population data of PMG and PCGS, 184 have been graded in all grades (including known star replacement notes), making this a nice variety for type collectors. However, the different varieties created by the various Federal Reserve Banks represented, and the changing engraved signatures of both the Treasury officers and the bank officers, makes this a series that can be collected in depth, with some challenges therein to keep the hunt interesting. Another note off the market for nearly 50 years.，From the A.J. Vanderbilt Collection. Earlier from Hollinbeck-Kagin, July 1969, lot 1760.，
