A Diamond in the Rough! Well very Rough! What do you think it will grade?

I just picked up this very very rare note. It is truly a Diamond in the Rough. If you don't believe me check the population report on this note.

FR. 1607m 1935 MULE M-A Block $1 ONE DOLLAR SILVER CERTIFICATE. It has a population of ONE and it is a 20.

What is a mule, you ask?

In the case of 1935 mules, they are actually 1935 faces printed on 1935A backs!

This is easily determined by the back plate size number.

The 1935 Plain series used a micro-plate,back numbers ranging from # 1- 929.

The 1935A series used a macro-plate, back numbers starting at

#930 .

This note bears back plate #940, making it a 1935 mule!

In the Small Size U.S. Paper Money 10th Edition (Scott Lindquist) book this note is valued at $750.00 in V-F.

So the big question is What Do You Think It Will Grade?

My guess is 12 net. What is your guess? Based on the pictures what do you think it will grade?

I will post pictures when the note gets back from PMG. The search continues.

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