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Fr. 2 $5 1861 Demand Note Extremely Fine. This beautiful Ph...
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Fr. 2 $5 1861 Demand Note Extremely Fine. This beautiful Philadelphia Demand Note is an old friend. CAA sold it at their Memphis sale in June of 1994. It was described there, "An exceptional Demand Note, with good color, strong signatures and margins all the way around. One of the most eye-appealing notes we've seen for the series." More than a hundred examples of Fr. 2 are known to exist, and only a half-dozen of them grade Extra Fine or better. This note has strong signatures, good color and great overall appearance. Demand Notes are the type that is seen in the lowest average grade, and a pleasing note like this one, without flaws or restorations, is a real rarity. Since we handled this note, it was the Andrew Shiva example, and it sold most recently in a Lyn Knight auction for $8,800.Auction Info
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