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Description

Lovely Serial Number 2 1891 Seward $50 Treasury Note

Fr. 376 $50 1891 Treasury Note PCGS Apparent Choice About New 58.
"Most collectors have never seen, let alone had the opportunity to own, a Seward Treasury Note in any grade. Only twenty-one examples of this one-number type are known to exist, and of those, five are permanently impounded in museum or government hands. Of the sixteen remaining notes, a number have been off the market for decades. This beautiful note would clearly be a highly desirable piece with even an ordinary serial number, but it is one of the five single digit examples known: B2. Serial number 1 is in the ANA Museum, this note last sold in Lyn Knight's March 2001 Sale for $198,000, and serial numbers 3 and 8 are both in the Smithsonian Institution, and the serial number 7 note sold at auction in 1998 for $170,500. This gorgeous example has all its original bright ink colors, and attractive, untoned paper. This spectacular piece of currency clearly belongs in the very finest of collections, and it will likely find a home there this evening at a number in excess of..." That was our 2005 description the last time we sold this magnificent note. It now resides in a PCGS Choice About New 58 Apparent holder for "minor edge restorations" which we are utterly unable to find. Last time out in 2005 this note realized $299,000. Since that time the serial number 7 note has sold for $546,000. What this note brings tonight will be decided by the bidders, but we are quite sure we will see a number in excess of...
From The Greensboro Collection

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Service and Handling Description: Coins & Currency (view shipping information)

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Auction Dates
January, 2013
9th-14th
Internet/Mail/Phone Bidders: 2
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