Newport Ridge Collection - High Fives
1890 $5 Treasury Note Fr. 359-361

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Note Details

Set Details

Note Description: Treasury Note
$5 1890 Large Size
Grade: VF 35 NET
Country: US
Note Number: 361
Seal Type: Small Red, Scalloped
Signatures/
Vignettes:
Rosecrans
Nebeker
Certification #: 8012437-002  
Owner: GSA_Gem_Quest
Sets Competing: Newport Ridge Collection - High Fives  Score: 753
Date Added: 11/28/2013
Research: See PMG's Census Report for this Note

Owner's Description

Ranked number 90 in the 100 Greatest American Currency Notes (book by Q. David Bowers), I think this should be ranked much higher. It is one of my favorite designs. The reverse is just spectacular.

I bought this note from the Heritage auction in September 2013 and it was already graded by PCGS as 30. I crossed it over to PMG and received an upgrade to 35, but a downgrade to Net for repairs. It appears to be appropriately graded to me.

I took a close look at the note and it is indeed repaired, but very professionally done and I think the look of the note was enhanced. I was shocked and disappointed that PCGS did not identify the repair, as it was evident if you knew where to look. I did not expect that from PCGS and makes me think twice about buying PCGS graded notes. I can understand a difference of opinion between a 30 and a 35, but not missing a repair. Nevertheless, I like the note and am going to keep it.

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