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Description

Finest Graded Series 1882 $50 Gold

Fr. 1193 $50 1882 Gold Certificate PMG Gem Uncirculated 66 EPQ. A pleasing $50 Gold which last appeared in a 2001 CAA auction. We assigned a grade of Superb, with the following description, a virtual laundry list of attributes needed to attain a Superb grade, "This one is a real winner. The surfaces are crackling fresh and strictly original, with the embossing plainly evident. The colors on both sides are outstanding, but it's particularly worthy of mention of the back, as the orange color is so bright and bold that it nearly has a reflective quality. The back printing is also razor sharp, which is not often the case for this type. We've handled only 24 Fr. 1193's, including repeats, and we have only graded two of them Superb, one of which was this piece." The PMG and PCGS population reports further elevate this note to the pinnacle of condition. Both grading services indicate a 66 graded note, but if we cross reference this note with the census, it reveals that this note has resided in both the PCGS and PMG 66 holders. As the finest known piece by two points, it realized $48,300 in a 2007 auction. If we haven't proven our case, also consider that only one other example of the Series 1882 $50s, spanning 10 Friedberg numbers, has been graded this high, with none finer.
From The Jupiter Collection




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Auction Info

Auction Dates
September, 2008
17th-21st Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 1,334

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Sep 19, 2008 for: $80,500.00
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