Fr. 312 $20 1880 PMG VF 25

---

Large Size Type Notes > Silver Certificates

---

---

Fr. 312 $20 1880
Grade: PMG VF 25    

---

Design 76b. Small red seal. This very important note, with the small red seal and without the double "XX" at the bottom, is a one-number type. Only 34 examples are known of this number, without a single piece in the Track & Price census listed as Uncirculated. This note has extraordinary margins, excellent color and not a hint of a defect or repair of any kind. It's a wonderfully natural piece which in itself is somewhat of a miracle for this type. The highest graded examples known are a PCGS AU 50 (which sold for $54,625), a PCGS 35, a PMG 30 and this PMG VF 25. This note appears to us as though it deserves to be in a "30" or "35" holder. This number is seldom available in any grade. And, PMG has graded only two Fr. 312s to date, with this solid VF 25 being the higher. If you buy this note sight unseen you could not be disappointed as I have seen many far inferior notes assigned the same grade. I just think this note has lots going for it, including paper quality, color, printing and visual presence. Once again, lots of quality.

---