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Fr. 97 $10 1875 Legal Tender PMG Very Fine 30....
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Sold on Jan 10, 2009 for:
$23,000.00
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Description
Fr. 97-One of a Dozen Known
Fr. 97 $10 1875 Legal Tender PMG Very Fine 30. This lovely note comes from our sale of the Tom Flynn collection in April of 2008, where it was described "One of the rarest of all the Legal Tender notes, with a total census of only thirteen pieces, none of which has ever been graded uncirculated. In fact, neither of the two grading services has ever seen an AU of this number. This VF 30 is the highest yet graded by PMG. Tom acquired this important note from our November 1992 sale of the University of Missouri holdings. The record price for a Fr. 97 was for the uncertified AU which we sold in January of 2006 for $34,500. The highest certified example to reach the market was in that same sale where we sold a PCGS 35 for $25,875. Two years later, in a far more sophisticated market for rare notes, we expect the price to fly right by those numbers." The number of pieces known has now dropped to twelve, as one of the notes listed in the Track & Price census has proved to be a duplicate of another listing. In every sale, some notes far exceed their estimates, while others sell for unaccountably low prices. This piece realized only $23,000, a screaming bargain in a sale where few notes failed to fetch considerably over their estimate. With only a dozen pieces known for this Friedberg number, it would not surprise us at all to see this example now reach or exceed...Auction Info
2009 January Orlando, FL FUN CAA Signature Currency Auction #3504 (go to Auction Home page)
Auction Dates
January, 2009
8th-11th
Thursday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 991
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