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Fr-357. 1891, $2 Coin Note. PCGS Superb Gem New

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:4,000.00 USD Estimated At:8,000.00 - 9,000.00 USD
Fr-357. 1891, $2 Coin Note. PCGS Superb Gem New
<B>Fr-357. 1891, &#36;2 Coin Note. PCGS Superb Gem New 67 PPQ.</B> <B> Fr-<B>357</B>.</B> <B> KL-144.</B> Another fresh brilliant note, one of the predominant scarcities in the 1890-91 Treasury Note series, it has a portrait of General McPherson.<BR><BR>The coin notes were issued in denominations of 1, 2, 5, 10, 20, 50, 100, and 1,000 Dollars of the series of 1890 and 1891. A 500 Dollar note with portrait of General Sherman was also authorized and a plate made, but only a proof impression of the note is known; it was not placed in circulation. Because this series of paper money caused a drain on the Treasury&#39;s gold, it was soon abolished &#40;later 1890s&#41; and just as soon forgotten by the public, but clearly not by the collectors of this fascinating hobby! <BR>Estimated Value &#36;8,000-9,000. <BR><BR>Our item number 89168<BR><IMAGES><P ALIGN="CENTER"><IMG SRC="http://216.67.248.213/liveauction/34jpegs/089168.jpg"> <BR><IMG SRC="http://216.67.248.213/liveauction/34jpegs/089168N 2.jpg"> </P></IMAGES>