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Lot
16840

Fr. 161 $50 1880 Legal Tender PMG Gem Uncirculated 66 EPQ.. ...

2012 October 17-23 ANA Currency Signature Auction- Dallas #3520

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Auction Ended On: Oct 19, 2012
Item Activity: 7 Internet/mail/phone bidders
1,392 page views
Location: Dallas Convention Center
650 S. Griffin Street
Dallas, TX 75202

Description:
Gem Uncirculated 1880 $50 Legal Tender
Fr. 161 $50 1880 Legal Tender PMG Gem Uncirculated 66 EPQ.
In its last appearance in a Heritage auction, this note was described in part, "The note is broadly margined and is as pretty as a picture. This classic design, with its large brown seal, blue serial numbers and striking vignette of America, is one of our favorite pieces of currency. Fewer than sixty pieces are known of this number in all grades combined, including those in museum and government hands. This note comes from the run that has supplied most all of the high-grade examples of this beautiful type." The note sold for $27,600 in our 2005 September Long Beach Auction. Since then, PMG has assessed the quality and assigned a Gem Uncirculated 66 EPQ grade. It is just as nice as the few Superb's we have handled over the years.
From The John Henderson Collection

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