This FR. 187k 1880 $1000 Legal Tender note is a rare and highly sought-after piece in the world of paper money collecting. With only four known examples of this particular number, two of which are held in government hands, this note is a true rarity. The note is graded EF-40 by PMG, with a well-done restoration in the left margin area that is difficult to detect visually. Despite the restoration, the note boasts good color and solid eye appeal, making it a desirable addition to any collection.
One of those is in the holdings of the Federal Reserve Bank of New York, and the second is the Hessler illustration note which is now in the Smithsonian Institution. All four notes in the census grade VF or EF, with this piece and the Smithsonian example the EF's.
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