LOT #18207 |
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Fr. 1870-F $20 1929 Federal Reserve Bank Note. PCGS Choice New 63PPQ.. ...
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Sold on Apr 26, 2013 for:
$14,100.00
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Description
Serial Number 1 $20 Atlanta Federal Reserve Bank Note
Fr. 1870-F $20 1929 Federal Reserve Bank Note. PCGS Choice New 63PPQ.Our consignor obtained this great note when we sold the Robert Moon Collection of Low Number Federal Reserve Bank Notes back in 2009. We then stated: "This serial number 1 Federal Reserve Bank Note is a great rarity in this series. Despite the presence of many low number notes, including more than a few single digit examples, the only number one specimens reported to date from all districts combined are two pieces from Atlanta (a $5 and this $20, both of which were in the Grinnell holdings), a $100 from Richmond that was in the Grinnell sale more than sixty years ago and has never again been seen, and a $5 Boston serial number 1 star. With the number 1 Boston star in very strong hands, and the Richmond hundred's whereabouts unknown for more than six decades, this offering may prove to be the sole opportunity for collectors to obtain a serial number 1 Federal Reserve Bank Note for a very long period of time. Expect this bright and well embossed rarity to easily reach and perhaps well exceed $15,000-$25,000." It then realized $19,550, which seems reasonable considering the grade, rarity, and desirability of this wonderful note. It would not come as any surprise to see that number equaled or even exceeded before the hammer falls this evening.
From The Greensboro Collection Part II
View all of [The Greensboro Collection Part II ]
Auction Info
2013 April 24 - 26 & 28 Currency Signature Auction - Chicago #3522 (go to Auction Home page)
Auction Dates
April, 2013
24th-28th
Wednesday-Sunday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 669
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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