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PCGS Banknote Grades Rare Series of 1880 “Black Back” $100 Silver Certificate
PCGS recently graded an exemplary specimen of the rare
1880 “Black Back” $100 Silver Certificate, a relic from a time when the
United States silver dollar was about to enter a new and colorful chapter of existence. This example was graded Choice Very Fine 35 due to limited circulation and minimal wear, with bright inks remaining, and no problems or distractions rising to the level of needing a grade-qualifying comment on the holder.
Well known in the coin community, the “
Bland-Allison Act” of 1878 was the impetus that brought the above silver certificate into existence, with the date of its passage printed vertically at the left end of the banknote. The act required the
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United States 1864-S Seated Liberty Quarter
San Francisco and along the West Coast were handling a rarity in the mid-1860s.
As their counterparts in the east were vanishing from circulation during the Civil War, silver coins in San Francisco were circulating much more extensively – including the
1864-S Seated Liberty quarter, which turned out to be a major rarity. Consumers might have known that the freshly-struck quarters were prized in the east for their silver content but might not have suspected that, decades later, the coins would be sought-after by collectors interested in their scarcity, not their precious metal.
The new branch mint began striking silver quarters and half dollars in 1855