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    Description

    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 ]

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    Auction Info

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

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