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rare porthole banknote

Superb Gem Fr.282 $5 “Porthole” Silver Certificate, Top of the Population

​By Brad Ciociola, Currency Specialist

Author: Brad Ciociola / Thursday, November 12, 2020 / Categories: Paper Money of the Week

A condition census example of an ever popular $5 Silver Certificate type is being featured as lot 7088 in Stack’s Bowers Galleries’ November U.S. Currency auction set to cross the block this Thursday November 12. The offered Fr.282 Series of 1923 $5 Silver Certificate has been graded Superb Gem Uncirculated 67 EPQ by PMG and is one of just nine examples of the catalog number to be graded at that level by PMG with none finer.

Popularly known as the “Porthole” note, it is a one-number type seen only with the Speelman-White signature combination. The portrait of Abraham Lincoln is at center framed inside a heavy circular feature resembling the porthole of a ship. Lincoln's portrait was engraved by BEP engraver Charles Burt, based on a photograph by Anthony Berger. The back is printed in green and features the reverse of the Great Seal of the United States at center. This was the last design type for the large size $5 Silver Certificates.

A single Fr.282* $5 Silver Certificate Star Note has been graded as Superb Gem Uncirculated 68 EPQ by PMG. That note realized $43,200 in our March 2020 U.S. Currency Auction.

The presently offered non-star example displays lovely technical quality with deeply embossed paper, bright overprints and sharply printed design elements. It carries an estimate of $15,000-$25,000.

Live bidding for the 217 lots in Session 6 of the auction begins November 12 at 3 PM PST. The Internet Only session of the U.S. Currency auction will commence at 9 AM PST on November 17th and offers 118 lots. To view all the United States coins, medals, tokens and paper money offered in the Stack’s Bowers Galleries November 2020 auction visit StacksBowers.com​. For more information call 800-458-4646 or email [email protected]