Fr. 270. 1896 $5 Silver Certificate. PMG Choice Uncirculated 64.A highly scarce Fr. 270 Five Dollar Educational Note, which seldom is offered publicly in Uncirculated grades. A quick look at the PMG population reports confirms the rarity in high grade with only eight pieces within the entire Uncirculated grade range when compared to the 60 pieces graded Uncirculated or better for the Bruce-Roberts signed Friedberg 269. The note presented here shows the appeal of a Gem note with outstanding centering and margins on the face. Close examination also reveals well embossed overprints and particularly nice details throughout the inspirational design. The note is devoid of pinholes or other problems which leaves us curious as to why an EPQ, designation was not applied. A back design shows again with wonderfully dark ink tones and strong detail of the portrait vignettes of Grant and Sheridan with pleasing centering as well. A note which would be hard to argue if encapsulated in a holder one point higher. PMG 3/2 finer.