DescriptionFr. 2119-A* $50 1977 Federal Reserve Note. PCGS Gem New 66PPQ.
This $50 star has mismatched A/K prefix letters. We have a sharp-eyed bank employee from Pennsylvania to thank for originally catching this error in 1983. She wrote a letter to the FBI in Scranton to make sure the notes she found were genuine. The FBI replied in the affirmative and returned her notes. A copy of the letter is included in this lot. These are the only $50s that we know of with mismatched prefix letters. It is also a star note which only adds to the allure of this important error. We have offered only one of these $50 star mismatched prefixes before and it brought $4,830 at our 2003 CSNS auction. That figure should be the serious bidding starting point ten years later. The letter is counted as one of the items in this lot.
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