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    The Only Fr. 1019b Graded Uncirculated By Either Service

    Fr. 1019b $50 1914 Red Seal Federal Reserve Note PMG Choice Uncirculated 63.
    When this note was acquired for the Greensboro Collection at the Flynn auction in April 2008, we used the following description: "The Track & Price census lists fifteen Fr. 1019b's - only three above the VF grade. This note and one other are listed as Uncirculated, and a third is listed as AU. This lovely Choice Uncirculated example is the only 1019b yet graded by PMG. It is a gorgeous note, with excellent margins, 100% perfect color of the paper and inks, and the look of a pure Gem. Tom acquired this note in the first Heritage CAA auction in September of 2001 for $8,800. It is very likely to remain the finest known of this rare number forever, as no other known piece seems to be in contention." Since that Flynn auction, the census has risen from 15 to 19, but this note remains the finest known by a wide margin. PCGS has graded five with an AU 50 at the top. PMG has graded four: two VGs, a VF 20, and this incredible 63. At the Flynn sale the note hammered for $60,000 in a heated bidding battle. It is worth somewhat less today than it was at the height of the market.
    From The Greensboro Collection Part II

    View all of [The Greensboro Collection Part II ]

    Auction Info

    Auction Dates
    April, 2013
    24th-28th Wednesday-Sunday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 770

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