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Fr. 1133-C $1,000 1918 Federal Reserve Note PMG Very Fine 25.. ...
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Sold on Jan 14, 2022 for:
$19,800.00
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Description
Majestic $1,000 1918 Philadelphia Note
Fr. 1133-C $1,000 1918 Federal Reserve Note PMG Very Fine
25.One of only 14 Fr. 1133-C notes documented in Track & Price. Also, the serial number C1A piece was transferred from the Treasury Department to the Smithsonian Institution in 1978 and therefore beyond the reach of collectors. Only 12,800 Series 1918 $1,000 notes were issued by the Philadelphia district. The above statistics result in a survival rate of about a single note for every 1,000 examples that entered circulation. There has been no lessening of demand for large size high denominations in recent years. They have a certain mystique that even causes the most jaded to stop and take notice. One must realize that high denomination notes of this era represented a tremendous amount of purchasing power. In fact, in 1918 this $1,000 note could almost purchase outright two brand new Ford Model T automobiles. Nearly all of today's survivors can thank happenstance for their very existence as there was not any concerted effort to save these majestic notes. The back label mentions minor repairs and we see when the note is backlit that a couple of small edge splits have been sealed and some staining has been lightened. Nonetheless, both sides of this $1,000 are attractive and it is worthy of a strong bid.
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Auction Info
2022 January 12 - 14 FUN Currency Signature® Auction - Orlando FUN #3586 (go to Auction Home page)
Auction Dates
January, 2022
12th-14th
Wednesday-Friday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 662
Buyer's Premium per Lot:
20% of the successful bid per lot.
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