Friedberg 49. 1878 $2 Legal Tender Note. PMG Choice Extremely Fine 45 EPQ. Just 19 serial numbers are recorded in the Track & Price census for this rare Scofield-Gilfillan signed $2 Legal Tender Note. Series of 1878 $2 Legal Tender Notes comprised a short lived series of notes sandwiched between the 1875 and 1880 issues. The type has an ornate red overprint including a floral lined ornamental protector at the lower right and a spiked Treasury Seal to the lower left of center. The portrait of Thomas Jefferson was engraved by Charles Burt. The scene of the Capitol at center was accomplished by Louis Delnoce and William Chorlton. This particular example, originally the Bill Donlon illustration note, had long been recorded in censuses as Choice Uncirculated. Prior to entering the D. Brent Pogue Collection it passed through the legendary collection of William Philpott. Boldly printed inks and ornate pink overprints are displayed by this lightly handled example that PMG has categorized as Choice Extremely Fine. It is the finest example of the catalog number recorded in the Gengerke census and the finest example to be certified by PMG. This is without a doubt the key to a $2 Legal Tender set and a note that will be hotly contested when it crosses the block. <em>From Donlon Illustration; William A. Philpott; Donlons sale of May 1971, lot 649.</em>
