Description: The 1891 $10 Tombstone Silver Certificate Red Seal Note (FR 301) has a rich history tied to the monetary policies of the late 19th century. It was part of a series of silver certificates authorized under the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase a certain amount of silver and circulate it through coinage or silver-backed currency. These certificates were intended to promote the use of silver as a monetary standard during a period of economic debate over bimetallism versus the gold standard.Historical Context and Production: Introduction of the Tombstone Note:The Series of 1886 first introduced the "Tombstone" design, featuring Vice President Thomas A. Hendricks. The 1891 series continued this design but with minor modifications to the layout and security features.Hendricks, who passed away in 1885, was commemorated on the note due to his prominence in American politics as an advocate for states’ rights and his brief tenure as Vice President. Production Numbers:Exact production figures for the FR 301 are not fully documented, but estimates suggest that a relatively limited number were printed compared to other denominations and series of the time. This was partly due to the Treasury's practice of issuing higher denominations in smaller quantities, as they were used less frequently in daily commerce.Surviving examples are rare today, with even fewer in high grades, making the note highly sought after by collectors.
Price: 749 USD
Location: Seminole, Florida
End Time: 2025-02-14T14:29:26.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Circulated
Denomination: $10
Type: Banknotes
Year: 1891
FR Number: FR 301
Grade: Ungraded
Country/Region of Manufacture: United States
Certification: Uncertified
