Extremely Rare Fr. 54 $2 1880 Legal Tender PCGS Ch. Abt. New 58

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Large Size Type Notes > Legal Tender

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Fr. 54 $2 1880
Grade: PCGS Ch. Abt. New 58    

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Design 10c. Large brown seal. The differences are subtle between the 1880 large brown seal types with the most noticeable being that the blue serial numbers have replaced the somewhat harder to read red ones on the earlier issues. This large brown seal variety was a short issue and its rarity is very high. This example has the appearance of a Gem from my vantage point and the overall beauty and quality is certainly equal to that of all the notes in this collection. It's graded Ch. AU 58 but I'm calling it wonderful and rare. The last higher grade note offered was a PMG 45 at $32,200 in 2008. In 2005 this much nicer example realized $23,000. Current census indicates a mere 20 notes known in all grades.

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