Sign In
[x]
:
Fr. 172 $100 1880 Legal Tender PMG Choice Uncirculated 64 EPQ....
Lot: 15134,
Auction: 2009 September Long Beach, CA Signature CAA Currency Auction #3506
Bid Information
For your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.Minimum Next Bid
Bid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the current bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a cut bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment. However, for Internet bids, these increments only apply to the current bid. Internet bids greater than one increment over the current bid can be any whole dollar amount. It is possible under several circumstances for winning bids to be between increments, sometimes only $1 above the previous increment.Number of Bidders
This number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.Status
Reserve (If Any) Not Posted Yet:
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions.
Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
No Reserve:
This lot is being sold without a consignor reserve.
(Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Minimum Bid:
Lots bearing bidding estimates shall open at Auctioneer's discretion (approximately 25% to 60% of the low estimate).
What's This?
Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission, from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
What's This?
The owner of this item has indicated that they would sell this item at this amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives are not only the best resource for market research, but now you have the opportunity to acquire very rare items that may not be auctioned again for some time by making an anonymous offer that will make the owner sell.
BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
| Sold for: | Sign-in or Join (free & quick) |
| Ended: | Sep 10, 2009 |
| Item Activity: |
2 Internet/mail bidders
 2,426 page views |
Description:
Rare and Lovely PMG Graded Choice Uncirculated 64 EPQ Fr. 172
Fr. 172 $100 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Fr. 172 is one of only two Friedberg numbers of this type, which features a quite striking large brown seal and blue serial numbers. It's also the only one ever available in this state of preservation, as Fr. 173, its large brown seal compatriot, is unknown in higher than Extremely Fine. The Fr. 172 census stands at only eleven pieces, but is skewed by a run of five consecutively numbered uncirculated examples, with this number the second in that run. One of the notes is damaged, leaving only four truly uncirculated examples for collectors to divide. The last offering of any of the undamaged examples came back in 2005, when a PCGS graded Gem Uncirculated 65PPQ realized $109,250. The note we offer tonight is housed in a PMG Choice Uncirculated 64 holder, with the comments "Exceptional Paper Quality, Great Embossing" on the holder, which also notes that this note's pedigree is "Ex-Philpott," referring to William Philpott, the long time Secretary to the Texas Bankers Association who became one of the pioneer collectors and dealers in U.S. paper money in the 1930's. It is an enormously eye catching piece, with vivid colors, bright paper, and evident originality, and, in today's market for truly rare notes, we would not be at all surprised to see a realization very close to or even within the low six figure mark. Estimate: $90,000 - up.View large image(s) of this item
Shipping Description: Coins & Currency (view shipping information)
Heritage Live:
After Internet bidding closes, live bidding will take place through
www.HA.com/Live.
Your secret maximum bid placed prior to the live event will compete
against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots
in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243.
(Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)This lot is in: Currency Auctions of America - Heritage Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 12001-15479)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Realized |
|---|---|---|
| Auction 3500, Lot 15736 | Saturday, April 19, 2008 | $23,000.00 |
| Auction 418, Lot 18661 | Friday, September 15, 2006 | $69,000.00 |
| Auction 338, Lot 18732 | Saturday, January 10, 2004 | $8,337.50 |
|
PLEASE NOTE:
All prices realized reflect the final hammer price PLUS the buyer's premium
in auctions that charge a buyer's premium.
Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium.
All information listed is intended to be as accurate as possible, but errors are possible.
Please use this guide carefully and inform us of any inaccuracies.
|
||
BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.
Previous Prices from Heritage Auctions |
| Sign-in or Join (free & quick) |
Price Guide |
| Sign-in or Join (free & quick) |
Population Guide |
| Sign-in or Join (free & quick) |
Find Auction Prices for Comparable Items:
Photographs:
Copyright © 1999-2010 Heritage Auctions, Inc. | All Rights Reserved
3500 Maple Avenue, 17th Floor
Dallas, Texas 75219-3941
All Rights Reserved
1-800-872-6467 / (214) 528-3500 / Fax: (214) 409-1425
Visit our showroom or attend an auction
