Friedberg 842b. 1914 Red Seal $5 Federal Reserve Note. Dallas. PMG Choice Uncirculated 64 EPQ. Courtesy Autograph. A remarkable 1914 $5 Red Seal from the Dallas district that bears the boldly penned courtesy autograph of Secretary of the Treasury William Gibbs McAdoo. McAdoo served as the 46th secretary of the Treasury, appointed by his soon-to-be father-in-law Woodrow Wilson in 1913. During his tenure he presided over the establishment of the Federal Reserve System and helped avoid an economic crisis at the onset of World War I. This is the finest PMG graded example of the catalog number. It displays broad margins and strikingly bold inks. Just 51 examples of the variety are reported in the Track & Price census. This example was once part of the collection of accomplished collector Andrew Shiva. <em>From Federal Brand Enterprises sale of August 1957, lot 3075; Andrew Shiva; Spink Americas sale of May 1995, lot 396. </em>
