Friedberg 33 (W-29). 1880 $1 Legal Tender Note. PCGS Currency Gem New 65 PPQ.Roughly 40 Fr.33 (W-29) examples are known to collectors making it the key to the 1880 $1 Legal Tender series. These Rosecrans-Nebeker signed aces display a large brown spiked Treasury Seal at right along with blue serial numbers. The green printed back design is the same as seen on earlier $1 Legal Tenders back to the Series of 1874 notes, save for the presence of a Bureau of Engraving and Printing imprint which replaces the imprint of the Columbian Bank Note Company. This stunning Gem note is well margined and has bright paper that provides the perfect canvas for the darkly printed design. Bold overprint embossing is easily noticed from the verso. PCGS Currency has graded just two examples finer than the presently offered note, with only seven certified in all "New" grade levels.<p><p>With an estimated print quantity of only 56,000 notes, this has been recognized as a rarity for a long time. With only a few exceptions, examples are in circulated grades. It is a key to the Series of 1880 $1 notes. This is an opportunity to acquire a first-class rarity, Gem Uncirculated, from the Joel R. Anderson for an estimate below $10,000 (but what happens at the sale itself may prove our estimate conservative, as has been the case in the past two Anderson sales).<p><strong>PCGS Population: </strong>2, 2 finer.<em>From NASCAs sale of September 1981, lot 667; Heritage Auctions sale of January 2009, lot 14682; Lyn Knights sale of June 2011, lot 1008. </em>
