Friedberg 154. 1878 $50 Legal Tender Note. PMG About Uncirculated 55. The design of the Series of 1878 $50 is essentially the same as the 1874 and 1875 dated notes. The portrait of Benjamin Franklin, engraved by Charles Burt from the Duplessis portrait, is seen at left. Liberty, dressed as Columbia is found at right. There are two large pink L protectors left and right of center along with a pink spiked Treasury Seal at bottom center. The green printed back design is the same as well. The engraved Treasury signatures are of Gilfillan and Allison. There are 19 examples of the catalog number recorded in the Track & Price census. PMG has graded two at this level with none finer. This note is boldly inked and only light handling. Generous margins frame the sharply detailed plate impression. The pink overprint is neatly detailed and undisturbed. This example was the plate note in the 14th Edition of the Friedberg reference and was previously from the collection of Andrew Shiva, as mentioned on the back of the holder. <em>From Friedberg 14th Edition Plate Illustration; William A. Philpott; Currency Auctions of Americas sale of January 1992, lot 1408; Spink Americas sale of May 1995. </em>
