Fr. 1195 (W-2960). 1882 $50 Gold Certificate. PCGS Gem New 66 PPQ.

Fr. 1195 (W-2960). 1882 $50 Gold Certificate. PCGS Gem New 66 PPQ.，This amply margined Vernon-Treat $50 Gold Certificate sits atop the population reports as the single finest graded example of the catalog number by PCGS. In fact just four examples of this type have achieved a 66 grade from PCGS or PMG with none finer for all catalog numbers combined. At left, the portrait of Silas Wright is sharply printed, as are the other engraved design elements. Pleasing gold underprints complement the boldly printed blue serial numbers and dark cherry red Treasury Seal. The orange printed back, with denomination counter at left and majestic eagle at right, retains all of its original brilliance. This is a wonderful example of the type and is surpassed by none other.<p><p><p><strong>$50 Gold Certificates, Series of 1882</strong><p>Gold Certificates in the $50 series begin with the Series of 1882. Depicted on the face is Silas Wright, a United States senator and later governor of New York. If he had anything particular to do with gold, he is not remembered in this context today. Indeed, he died on August 27, 1847, before the Gold Rush. The face has "GOLD" in a yellow-gold overprint at top and a gold background to the serial numbers. Backed by gold coin, repayable (unusual word) to the bearer on demand. The Treasury Seal adds color. The back is printed entirely in gold-orange and is more distinctly defined than are the backs of some other gold-printed issues. The orange-gold color tended to fade. Today, notes with bright backs are worth more than those with faded color, regardless of the grade. Again, the Anderson note scores high in this regard.<p>For F-1195 (W-2960) the print run was 400,000. An estimated 55 to 60 can be accounted for today.，From the Joel R. Anderson Collection of United States Paper Money, Part I. Earlier from Lyn Knights sale of November 2001, lot 30; Lyn Knights sale of October 2005, lot 8.，