Skip to main content
Go to accessibility notice

    Description

    Finest Known 1928 Richmond District $1,000 Light Green Seal

    Fr. 2210-E $1,000 1928 Light Green Seal Federal Reserve Note. PCGS Gem New 66PPQ.
    Combined, PCGS and PMG have graded approximately 357,000 small size FRNS in the 13+ years they have been grading notes. Of this total, just a handful of circulated examples and six Gem 1928 Light Green Seal $1000 notes have been graded for all twelve districts. 1928 Light Green Seal $1,000 FRNs are so elusive that none are known from Boston, Philadelphia, Cleveland, Atlanta, Minneapolis, and Dallas. The six Gem examples that have been graded include three 65s and a 66 from St. Louis, one 66 from Chicago, and the 66PPQ from Richmond offered here tonight. Collector interest has reached a fervent pitch ever since Light Green Seals were catapulted into the numismatic spotlight at IPMS 2017 Kansas City when the only known Gem district set of Light Green Seal 500s went on exhibition. It is obvious that collectors and investors alike have taken notice that these high denomination rarities are undervalued in today's market. A recent auction realization of $57,600 in August 2018 was seen for a Fr. 2211-I 1934 Minneapolis district $1,000 Light Green Seal graded PMG 66 EPQ. That bested the previous 2015 record of $47,000 for a Fr. 2211-E in a PMG 66 EPQ holder of $47,000 which was also the finest known with none higher.

    This well margined, deeply inked, and unmistakably original note is a feast for the eyes with its vivid light green overprints contrasting nicely against the dark elements. It is a remarkable, new to the census Gem that has never before been offered at public auction. Notes of impeccable quality such as this which combine both rarity and grade will no doubt propel bidding to new levels. Where this note will finish is anyone's guess and our estimate may well prove conservative here tonight.


    Auction Info

    Auction Dates
    January, 2019
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 1,829

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold on Jan 11, 2019 for: Sign-in or Join (free & quick)
    Track Item
    Coming soon:

    Jewelry & Timepieces
    Opens about 10/22/2021

    Fine Art
    Opens about 10/19/2021

    Photography
    Opens about 10/20/2021

    US Coins
    Opens about 10/22/2021

    Decorative Art
    Opens about 10/21/2021

    Space
    Opens about 10/25/2021

    World & Ancient Coins
    Opens about 10/17/2021

    Currency
    Opens about 10/18/2021

    Silver
    Opens about 10/26/2021

    Fine Art
    Opens about 10/26/2021

    Fine Art
    Opens about 10/27/2021

    Fine Art
    Opens about 10/27/2021

    Sports Collectibles
    Opens about 10/28/2021

    Comics & Comic Art
    Opens about 10/29/2021

    US Coins
    Opens about 10/18/2021

    US Coins
    Opens about 10/18/2021

    Movie Posters
    Opens about 10/29/2021

    World & Ancient Coins
    Opens about 10/24/2021

    Currency
    Opens about 10/25/2021

    US Coins
    Opens about 10/22/2021

    Fine Art
    Opens about 11/10/2021

    US Coins
    Opens about 11/01/2021

    Ethnographic Art
    Opens about 11/11/2021

    Fine Art
    Opens about 11/12/2021

    Decorative Art
    Opens about 11/12/2021

    Historical
    Opens about 11/15/2021

    Luxury Accessories
    Opens about 11/16/2021

    Entertainment
    Opens about 11/16/2021

    World & Ancient Coins
    Opens about 11/07/2021

    Jewelry & Timepieces
    Opens about 11/05/2021

    Fine Art
    Opens about 11/16/2021

    Nature & Science
    Opens about 11/17/2021

    Photography
    Opens about 11/17/2021

    US Coins
    Opens about 11/08/2021

    Rare Books
    Opens about 11/19/2021

    Decorative Art
    Opens about 11/18/2021

    Comics & Comic Art
    Opens about 11/11/2021

    Comics & Comic Art
    Opens about 11/22/2021

    Jewelry & Timepieces
    Opens about 11/24/2021

    World & Ancient Coins
    Opens about 11/16/2021

    Currency
    Opens about 11/22/2021

    Arms & Armor
    Opens about 11/23/2021

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 6 days left to consign to the 2021 December 11 - 13 HKINF World Paper Money Signature® Auction - Hong Kong!

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search