Skip to main content
Go to accessibility notice


    Payable at Philadelphia Demand Note

    Fr. 2 $5 1861 Demand Note PCGS Apparent Very Fine 35.
    One of the finest $5 Demand Notes we have had the pleasure of handling. The note has a total of four folds, but each of them needs to be searched for before they can be found. The margins are incredible for the type, the colors are absolutely perfect, and the note has signatures that give the appearance of having just been scribed. This cataloger has always considered Demand Notes to be one of the most interesting and one of the most undervalued major areas of U.S. Currency. There are very few examples of this type that come anywhere near this piece for condition. When we last sold this note, it was raw, and we used the above description. At that sale, in the Spring of 2005, it realized $20,700. PCGS has assigned the Apparent grade for minor restorations. There is an insignificant closed pinhole near the upper right corner of the note.
    From The Greensboro Collection

    Estimate: $22,500 - up.

    View all of [The Greensboro Collection ]

    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information

    Important information concerning Sales Tax and Resale Certificates. Learn More

    Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 456

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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

    Heritage membership

    Join Now - It's Free

    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
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2019 June 26 - 28 HKINF World Currency 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 receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    REALIZED $2,397,231