Skip to main content
Go to accessibility notice

    Description

    Fr. 202a $50 1861 Interest Bearing Note Proof Gem New. This design type is one of the rarest of all US Currency. Its represented by a single signed and issued redeemable example which we sold in our May 2001 sale for just under $700,000. That note, and another issued note which has been punched canceled, redeemed, and now resides in the Bureau of the Public Debt in Washington D.C. The proof which we now offer is only the third example of the design type known. It is on the normal bank note paper, printed on both sides and hand numbered. It apparently was a normally printed note prepared for issue, but then punch cancelled with a small hole in each signature block and carefully mounted to a light card so that both sides can be viewed. This Proof surfaced in the Richard Saffin collection, sold by Christis in 1982, and was later traded privately to a major holding in 1985. It is the ideal companion piece to the unique note we sold last spring and it will undoubtedly set a record price for any US Proof note.

    Auction Info

    Auction Dates
    January, 2002
    10th-12th Thursday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 559
    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

    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

    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