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Description

One of Seven Known

Fr. 1133-H $1000 1918 Federal Reserve Note PMG Very Fine 25.
A great high denomination rarity, with this St. Louis district example one of only seven 1918 thousands reported from this district to date. It is surpassed in rarity only by the Boston, Minneapolis, Dallas and Kansas City districts, and by the Atlanta district, which remains unknown. Of the seven specimens in the census, (not one of which grades higher than Very Fine), only one has been offered for sale since our consignor obtained this piece in 1991 at the sale of the famed Jim Thompson collection. That example is a far inferior piece which we graded Very Good-Fine (and noted soft paper and ragged edges) in its last offering by Heritage. Despite those problems, it realized $17,250 when it last sold four years ago. This specimen is incomparably finer, with sharp paper quality, bold printing, and no problems whatever mentioned on the PMG Very Fine 25 holder. In today's market any estimate on a note of this rarity is simply a guess, but we will be conservative and offer an estimate of...


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Auction Info

Auction Dates
September, 2011
7th-12th Wednesday-Monday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 804

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Sep 9, 2011 for: $25,300.00
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