PMG Gem Unc65 EPQ
1869年50美元法定货币 PMG Gem Unc 65 EPQ
Friedberg 151. 1869 $50 Legal Tender Note. PMG Gem Uncirculated 65 EPQ. Just around 70 examples of this rare 1869 $50 Legal Tender Note are known. Of that number, only two have been certified in the uncirculated grade ranges. One is the Joel R. Anderson Collection example, serial number Y380793, is graded Very Choice New 64 PPQ and realized $264,000 in our February 2019 Baltimore sale. The other is the Pogue example offered here, serial number Y13537, that has received a full Gem Uncirculated grade from PMG.
An allegorical female is seen at left holding an olive branch in her right hand and a small statue of Mercury in her right. The vignette is titled Return of Peace and was engraved by Charles Smith. A cornucopia is portrayed at the bottom center of the note flanked by the signatures of Treasury officials Allison and Spinner. At right is a portrait of statesman Henry Clay, engraved by Alfred Sealy. The back is ornately engraved, with anti-counterfeiting and Legal Tender clauses found at left and right respectively.
A large 50 is at center while smaller ones inhabit the corners of the back design. Imprints of the American Bank Note Company are at top and bottom center. This type was heavily counterfeited, likely hastening the redemption of circulating genuine notes. Likewise, the face and back designs of this type were not used for any later series of notes, making this a one year only type.Ample margins frame the boldly printed design. The red overprints are exceptionally colored with the spiked Treasury Seal prominently displayed at center flanked by like colored serial number panels to the lower left and upper right. The serial numbers are boldly printed in deep blue inks while the blue hues of the security paper are found to the right of center. The vibrant green printed back is well centered and skillfully detailed. PMG has added "& Color" to the end of their EPQ qualifier on the back of the holder.
This is one of the true treasures of the D. Brent Pogue currency collection and a note that has no equal. It is the best of the best for its one catalog number type, a trophy note destined for another legendary collection. <em>From Limpert Illustration; William A. Philpott; Jim Thompson Collection; Lyn Knights sale of October 1991, lot 1288. </em>