Year | 1850's |
Denomination | $5.00 |
Series | Remainder |
Grade | PMG 58 Exceptional Paper Quality |
Comments | Exceptional Paper Quality |
PMG # | 1996790-006 |
PMC Category | Gold |
Estimated Value | $900.00 |
Extremely Rare - 8 known! "Remainder paper notes" refers to unissued or "obsolete" paper money, often called "remainder notes" in numismatic circles. These are banknotes that were printed but never released into circulation for various reasons, such as the failure of the issuing bank or a change in policy. Unlike "issued" notes, which are part of the currency in circulation, remainder notes remained unissued. Because they were never circulated, remainder notes are often found in better condition than their issued counterparts.