Type of Friedberg 61 (W-631-634). 1862 $5 Legal Tender Note. PCGS Currency Choice About New 58. Back Proof.Hessler-243. India paper mounted to card. Cigar label styling with ornamental V with superimposed arched FIVE at left and right. First obligation center with serpentine UNITED STATES, OF AMERICA. Similar to lot 5474 in the 2010 Stacks 52 Collection Part 1sale but with less margin at top and bottom with the same trait also prohibiting attribution to lot 1410 in a Nasca June 1986 auction. In the 1986 sale there was also an uncut sheet of these first obligation back proofs and the tight margin illustrated on the currently offered example leads us to believe that sheet may have been cut for the sum of its parts.
