Fr. 313 $20 1886 SC Rosecrans-Hyatt (1st) Finest Graded (2nd)

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Large Size Type Notes > Silver Certificates

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Fr. 313 $20 1886
Grade: PMG Abt. UNC 55    

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The ornate back Manning notes are one of the rarest and most elusive types to locate in uncirculated condition. Only five have been reported which remain in private hands, of those, two are Fr. 313s, two are Fr. 315s and a single Fr. 316. The printing issue for this seal was miniscule. The 12,000 notes printed make it a total surprise that 10 remain in collector’s hands, with three held in museums. The face of the note shows Daniel Manning’s portrait in the center, with the allegorical figures of Agriculture and Industry on either side. Daniel Manning was the Secretary of Treasury from 1885 to 1887. He wanted to suspend government buying and coinage of silver, and urged the reduction of tariff and the retirement of the Greenbacks. This serial #B12 note has only been sold at auction once, that we know of, in over 100 years. It came from the Davenport hoard that we sold. A beautiful note that is kept from UNC by handling, corner tips, etc., rather than folds. A few low serial numbers were saved, offering us precious examples of this extremely desirable type and variety. This note is one of the finest available to collectors. Graded Abt. UNC 55 by PMG.

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