Fr. 44 (W-314). 1875 $2 Legal Tender Note. PCGS Gem New 65 PPQ.

Fr. 44 (W-314). 1875 $2 Legal Tender Note. PCGS Gem New 65 PPQ.，Fewer than 100 Allison-New signed 1875 Twos are recorded in the census and the presently offered example is near the top of the Condition Census. Gem centering and registration are accented by boldly printed design elements and deep red overprint inks. PCGS has graded just two examples at this grade level with none finer. This is another "trophy note" par excellence, a showpiece!<p><p><p><strong>$2 Legal Tender Notes, Series of 1875</strong><p>The Legal Tender Notes, Series of 1875 continue the same face design as the Series of 1869 and 1874, but with different printing details. To the left is the portrait of Jefferson, and at the center is a corner view of the Capitol. Serial numbers are red, and the small spiked Treasury Seal is pink. On Fr-44 (W-314), as here, there are no series imprints at the bottom, but the 1875 date is given in red.<p>The back is as with the Series of 1874, with "COLUMBIAN BANK NOTE CO." and "WASHINGTON, D.C." at the top and bottom of the back, now with "SERIES OF 1875" in the top margin and "Printed at the Bureau, Engraving and Printing, Treasury Dept." in the lower margin. As a class, Series of 1875 notes were issued from July 20, 1875, to June 20, 1879.<p>For Fr-44 (W-314), the estimated production is 4,160,000, from which fewer than 100 are thought to survive today, mostly in lower grades. When the <em>Whitman Encyclopedia of U.S. Paper Money </em>was being researched a decade ago the highest-graded note reported was Uncirculated-64.，From the Joel R. Anderson Collection of United States Paper Money, Part I.，