Announcement: Tuesday Internet Currency Auctions move to Heritage Live!

Our Weekly Internet Currency Auctions are closing with a live, online auction on HA.com's Heritage Live! platform beginning with the auction that ends Tuesday, September 23rd. Each lot is offered one at a time, in lot number order, in a live auction beginning at 8:00 PM CT. During this part of the auction, live bidders will be on Heritage Live! competing with each other and with previously placed Internet bids. The lot opens, requests live bids, and then closes when the bidding is finished. There is no change in how you place your secret maximum bids during the week the auctions are open on HA.com. In addition, once bidding on HA.com ends, 2 hours before the live sessions start, you still have the option to leave proxy bids through Heritage Live!

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Lot
18733

Fr. 185d $500 1878 Legal Tender Choice Fine. This is one ...

2004 (CAA) Orlando, FL Signature Sale #338

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Auction Ended On: Jan 9, 2004
Item Activity: 7 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Fr. 185d $500 1878 Legal Tender Choice Fine. This is one of only six examples known to exist, two of which are in government hands, one in the Smithsonian and a second in the Federal Reserve Bank of New York. Of the four in collectors' hands, three have been on the market in the last few years. An Extra Fine brought $143,000 in the June 2000 Memphis sale, and a Very Fine was on a fixed-price list in 1998 at $85,000. This note was on the market in May of 1997, when we sold it for $37,400. This is one of the most elusive design types. About 40 examples are known, and they span fourteen Friedberg numbers. Of those 40-odd pieces, fully two thirds are permanently impounded in government hands.

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