$5 1886 SILVER DOLLAR BACK CGA VF20* SCARCE EARLY SEAL Fr 260
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Here is a fantastic middle grade quality example of a rare type. The famed silver dollar back in a certified very fine. Far more rare in this grade than others might imagine. A remarkable opportunity, that is equally as rare as the note. From my collection to yours. The series of Silver Certificates is a latecomer to American notes, with authorization under two acts, the first on February 28, 1878 (the Bland-Allison Act, a discussion of which will be found under the pattern dollar coins of George T. Morgan, 1878), and the second on August 4, 1886. The notes themselves were first issued under the authorization of 1886. Under the greatest of all numismatically related boondoggles in the history of American legislation, the Bland-Allison Act called for Uncle Sam to buy millions of ounces of silver each year, to support the badly sagging metal market, and to coin the bullion into silver dollars. Trouble was that there was no need for so many coins in circulation. Unwanted silver dollars piled up in Treasury vaults. Years later (1930) financial historian Neil Carothers wrote of the situation: The North and East would have none of them [the silver dollars]. With the increasing annual coinage, the volume returned to the Treasury in tax payments steadily increased. In 1886 Secretary Manning, anxious to keep them out of the Treasury, devised
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