Description
FR-235M Mule 1899 $1 Silver Certificate PCGS Gem New 65
This FR-235M Mule 1899 $1 Silver Certificate is a premium example of this scarce large-size type. It carries the attractive low serial number 600 and comes from the desirable H-A block.
PCGS Banknote graded this note Gem New 65. The paper remains bright, white, and fully original. In addition, the note is well centered and offers strong eye appeal. Collectors will appreciate the sharp details and outstanding preservation.
Another important feature is the original C.L.C.T. PCGS holder. These early holders were used during the beginning of PCGS Currency grading in 2005. As a result, they have become collectible on their own.
This note is also the scarcer FR-235M Mule variety. According to Track & Price, just over 516 examples are known within the collecting community. By comparison, more than 5,000 non-mule examples have been reported. Therefore, the mule variety is much harder to locate.
The backing plate number is 5915, which is associated with a John Burke back plate. Furthermore, the note was certified from an out-of-pack example, adding to its desirability among advanced collectors.
Overall, this FR-235M Mule combines rarity, originality, a low serial number, and a Gem New grade. Whether building a Black Eagle set or seeking a better type note, this piece is an excellent addition to any collection.
Key Features
- FR-235M Mule Variety
- PCGS Gem New 65
- Low Serial Number 600
- H-A Block
- Original 2005 PCGS Holder
- Bright White Original Paper
- Back Plate #5915
- John Burke Back Plate
- Strong Eye Appeal




