Fr. 185m (W-4088). 1880 $500 Legal Tender Note. PCGS About New 50.

Fr. 185m (W-4088). 1880 $500 Legal Tender Note. PCGS About New 50.，Here is another highlight, a "trophy note" deluxe from the Joel R. Anderson Collection. Only five examples of this Lyons-Roberts 1880 $500 Legal Tender Note are known to the collecting community, with just two residing in private hands. The offered serial number A87127 note is the <em>finest known example</em> of the five surviving notes. The only other privately held example is recorded as Extremely Fine. The three remaining Fr. 185m examples range from Very Fine to Extremely Fine and are held by in the institutional collections of the American Numismatic Association, the National Numismatic Collection at the Smithsonian Institution, and the Federal Reserve Bank of San Francisco.<p>Major General Joseph K. Mansfield is seen at right. The allegorical female at left is <em>Victory</em>. This example is nicely margined with bold inks seen throughout. PCGS mentions restorations on the back of the holder. Upon close inspection one can find deftly executed restoration to the left margin of the note. This example, formerly in the extensive collections of F.C.C. Boyd, has been off of the market for more than a decade.<p><p><strong>$500 Legal Tender Notes, Series of 1880</strong><p>On the face of this $500 issue are two vignettes, <em>Victory </em>at left and a portrait of Major General Joseph King Mansfield to right, as inaugurated on the Series of 1874 notes. Mansfield, little remembered today, was promoted posthumously to the rank of major general after his death on September 17, 1862. During the War with Mexico in the late 1840s, he distinguished himself and was promoted to colonel. A small pink Treasury Seal with scalloped border is at the upper left, and at the lower center is 500 in pink flanked on each side by the Roman numeral D. The back, printed in green, is wonderfully ornate. <p>The print run was 20,000 notes. Few were used in everyday commerce, and there is no numismatic record of anyone collecting such notes at the time of their issue. The note bears the signatures of Treasury officials Lyons and Roberts who were in office together from 1898 to 1905.<p>，From the Joel R. Anderson Collection of United States Paper Money, Part I.，