PMG Gem Unc65 EPQ
1869年100美元法定货币 PMG Gem Unc 65 EPQ
Friedberg 168. 1869 $100 Legal Tender Note. PMG Gem Uncirculated 65 EPQ. This $100 Rainbow note is another highlight from the D. Brent Pogue Collection, a true condition census rarity. Only around 30 examples of this rare 1869 $100 type are known to collectors. PMG has only certified one note in uncirculated and this is it. The design is wholly new for the Series of 1869. Gone is the "Spread Eagle" type of 1862 and 1863. This design displays a portrait of Abraham Lincoln at left, engraved by Charles Burt and based on a photograph by Anthony Berger.
At bottom center is Miss Liberty wearing a Phrygian cap. At right is the vignette Reconstruction, depicting a woman with a carpenters square and a child holding a scroll featuring a pergola. A large red spiked Treasury Seal is found just to the right of center. Red serial numbers are to the lower left and upper right of center. Engraved signatures of Treasury officials Allison and Spinner are along the bottom edge of the design. This type comes on blue tinted security paper based on Wilcoxs 1866 patent. The back design is intricately printed in green with 100 counters at the far left and right edges of the design. The Legal Tender clause and anti-counterfeiting language are inside a circle at center. Imprints of the American Bank Note Company are at bottom left and right.This remarkably well preserved specimen exhibits plentiful margins and gem centering. The engraved design elements are boldly inked and presented in excellent detail. A pleasing blue hue is seen from the security paper and along with the red overprint inks provides the colorful appearance that this "Rainbow" series is so well known for. The only other confirmed uncirculated example is the Joel R. Anderson Collection note that is graded Gem New 66 PPQ by PCGS Currency and was sold in our February 2019 sale for $300,000.
The centering of the Pogue example is clearly superior despite their assigned grades. In our opinion the presently offered note "faces up" better than the Anderson note. Whichever you prefer, only these two uncirculated examples are likely to ever be available to collectors. It is safe to presume the Anderson specimen will be off the market for quite some time and once this Pogue note is sold it could be a generation before either becomes available. For advanced collectors seeking the best notes our hobby has to offer, here is your chance. <em>From William A. Philpott; Jim Thompson; Currency Auctions of Americas sale of November 1992; Andrew Shiva; Spink Americas sale of May 1995, lot 253. </em>