1923 $1 Legal Tender Red Seal Note FR40 PMG 65 EPQ

The Last $1 "Horseblanket" Silver Certificate

The last of the large-sized U.S. $1 notes! Take a dollar bill out of your wallet and give it a look. You'll see George Washington occupying his familiar place on the front of the bill. Now imagine that note larger, with a bright red seal and serial number, and an attractive "cogwheel" design on the back. The red coloring lights this note up like a safety flare! And the size…. Wow! That's what's in store for you when you secure this 1923 Red Seal Note in Very Fine (VF) condition. It was the last of its kind, as the next series in 1928 reduced the notes to the smaller size we use in commerce today. This large-size note measures 7.375" x 3.125" and were affectionately nicknamed "Horseblankets" because of their huge size! Today's $1 bills measure 6.14" x 2.61"—about a third the size of these big notes!

Sought-After Exceptional Paper Quality Condition

The notes here are graded by Paper Money Guaranty (PMG) in sought-after 65 EPQ (Exceptional Paper Quality) condition. These Notes have a Friedberg (FR) number of 40—corresponding to a system developed by money expert Robert Friedberg who developed a method for cataloguing U.S. Notes. According to the current PMG population report, for FR40, 2,829 notes have been submitted for grading: only 186 have earned a 65 EPQ grade, and only 111 notes have been graded higher at PMG. This is a perfect complement to the large-sized 1923 $1 Silver Certificate that has the same front but with a blue seal instead of red owned by many collectors. These notes are tough to find in any quantity, making them a real find. We managed to track down a small cache, so hurry and secure yours now!