1878 $50 Refunding Certificate Jefferson AU Details Scarce One Year Type

1878 $50 Refunding Certificate, featuring the portrait of Thomas Jefferson at center and the distinctive green ornate reverse with large “50” counters. This short-lived issue was authorized under the Act of February 26, 1879, intended to refund the national debt at 4% interest, making it one of the more unusual and collectible Reconstruction-era paper money types. The note displays strong eye appeal with sharp central detail, bold green overprints, and pleasing color retention. Margins are well-balanced overall, and the paper remains crisp with visible body. A desirable one-year type note that continues to attract collector interest due to its limited issuance and historic purpose.

• Light horizontal fold consistent with brief circulation

• Paper remains firm with above-average crispness

• Corners show minor handling, no major rounding

• No apparent tears or major splits observed

• Even color with strong ink presence

• Reverse remains vibrant with no heavy soiling

Overall, this example is presented in About Uncirculated (AU) condition with excellent eye appeal for the type.