Fr. 214 (W-1511). 1879 $10 Refunding Certificate. Hessler X176B. PCGS Currency Very Fine 30.The 1879 Refunding Certificate had a unique size and engraving style, but was convertible with accrued 4% interest into 4% 1870 and 1871 Acts bonds. Like Fr. 190b, the Fr. 214 is a popular major type note with collectors who need a representative example. Benjamin Franklin upper left. Red Treasury seal. The back with TEN on dies and interest statements. Plate B. No. A198102. This has a pleasing appearance. Noted by PCGS: "Small Repaired Edge Tear at Top Right of Center; Pinholes." This is in average to slightly better condition, and overall quite pleasing,From the John E. Herzog Collection; 1990 Memphis Sale #89 (NASCA division of R.M. Smythe & Co. June 15-16, 1990, lot 3448).
