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***RARE 1891 $1 Treasury Note FR-350 Grades GEM CU67 RARE***

Currency:USD Category:Coins & Paper Money / US Coins Start Price:750.00 USD Estimated At:2,500.00 - 3,000.00 USD
***RARE  1891 $1 Treasury Note FR-350 Grades GEM CU67  RARE***
We attempt to take as deatiled an Image as possible of both the Obverse and Reverse of all coins and currency, While we try and accurately grade each coin, as coin grading is subjective, we encourage you to asses the pictures yourself and make a grading judgement yourself. We always 100% guarantee authenticity, but we do not guarantee any specific grade, nor do we guarantee that NGC or PCGS or any other grading company will agree to grade the coin. We strive for your repeat business and do everything we can to accurately photograph and describe the coin/currency.
A highlight of the entire auction. This is an outstanding example of the 1891 Treasury note or "Coin Note". The note is bright, with nice red seals and serial numbers. The corners are sharp and the centering is excellent. Treasury Notes were only issued for 2 years, 1890 and 1891. Both issues depict Lincoln's Secretary of War Edward Stanton. The Treasury notes were called "coin Notes" because as opposed to gold or silver certificates, they could be redeemed for either. It was this uncertainty that led the government to quickly phase them out. Their initial entrance was due to a possible reduction or end to the minting of the Morgan silver Dollar. This Crisp Uncirculated note is estimated to grade GEM CU67, and the Wholesale Bluesheet lists GEM CU67 at $2750