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Lot
16732

Fr. 376 $50 1891 Treasury Note Choice New. Most collectors have never seen, let alone had the opportunity to own, a Seward T...

2005 (CAA) St. Louis, MO (CSNS) Signature Sale #374

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Auction Ended On: May 7, 2005
Item Activity: 4 Internet/mail/phone bidders Number of Bidders
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Description:
Choice Uncirculated Single-Digit Serial Number Seward
Fr. 376 $50 1891 Treasury Note Choice New. Most collectors have never seen, let alone had the opportunity to own, a Seward Treasury Note in any grade. Only twenty-one examples of this one-number type are known to exist, and of those, five are permanently impounded in museum or government hands. Of the sixteen remaining notes, a number have been off the market for decades. This beautiful note would clearly be a highly desirable piece with even an ordinary serial number, but it is one of the five single digit examples known: B2. Serial number 1 is in the ANA Museum, this note last sold in Lyn Knight's March 2001 sale for $198,000, and serial numbers 3 and 8 are both in the Smithsonian Institution, and the serial number 7 note sold at auction in 1998 for $170,500. This gorgeous example has all its original bright ink colors, and attractive, untoned paper. This spectacular piece of currency clearly belongs in the very finest of collections, and it will likely find a home there this evening at a number in excess of . . .

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