Friedberg 1193. 1882 $50 Gold Certificate. PMG Gem Uncirculated 66 EPQ. PMG has graded only two 1882 $50 Gold Certificates at this grade level with none finer. This Lyons-Roberts signed Fr.1193 is one while the other is a Fr.1197 with the Napier-McClung signature combination. At left, the portrait of Silas Wright is sharply printed, as are the other engraved design elements. Pleasing gold underprints complement the boldly printed blue serial numbers and dark cherry red Treasury Seal. Both the face and back are broadly margined and well centered. The golden-orange back is brilliantly colored and intricately detailed, with a large denominational counter at left and dignified eagle at right.Gold Certificates of the $50 denomination begin with the Series of 1882. Depicted on the face is Silas Wright, a United States senator and later governor of New York. If he had anything particular to do with gold, he is not remembered in this context today. Indeed, he died on August 27, 1847, before the Gold Rush. The face has "GOLD" in a yellow-gold overprint at top and a gold background to the serial numbers. Backed by gold coin, repayable (unusual word) to the bearer on demand. The Treasury Seal adds color. The back is printed entirely in gold-orange and is more distinctly defined than the backs of some other gold-printed issues. The orange-gold color tended to fade. Today, notes with bright backs are worth more than those with faded color, regardless of the grade. <em>From our (Stacks) sale of March 1989, lot 696; Currency Auctions of Americas sale of May 2001, lot 1389; Heritage/Currency Auctions of Americas sale of September 2001, lot 7071; Heritages sale of January 2006, lot 17992; Lyn Knights sale of June 2007, lot 110; Heritages sale of September 2008, lot 14930.</em>
