Skip to main content
Go to accessibility notice

    Description

    Extremely Rare Mid-Grade $50 Compound Interest Treasury Note

    Fr. 192b $50 1864 Compound Interest Treasury Note PMG Very Fine 30 Net.
    This note, which was last on the market at the 2004 Memphis auction, is one of only 18 examples recorded in Track & Price. This note has made a successful round trip to Pennsylvania and back and has been flawlessly restored to the appearance of a high end Very Fine. The restorations appear to be confined to the blank edges with the exception of a small area at the beginning of the word "Compound." The note has barely circulated and the vignettes have the clean, sharp look of an AU example. A highly appealing note, and one of the best looking Compound Interest Treasury 50s known to the hobby. We auctioned another PMG 30 Net in August 2016 for $129,250 and a no comment PMG 30 at our 2014 FUN auction for $141,000. Appearance wise, the $141,000 specimen was considerably nicer than this, but photo comparisons show this and the $129,250 example to be quite similar. Those two buyers now have their notes, and we would not expect a six figure realization this evening, but we could get close.


    Auction Info

    Auction Dates
    January, 2018
    3rd-9th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 768

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

    Sold for: Sign-in or Join (free & quick)

    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
    Consign to the 2019 December 4 - 6 HKINF World Currency Signature Auction - Hong Kong.

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    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

    Recent auctions

    2019 June 26-28 HKINF World Paper Money Signature Auction - Hong Kong
    2019 June 26-28 HKINF World Paper Money Signature Auction - Hong Kong
    REALIZED $2,686,315