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Description

Rare St. Louis $5 Demand Note

Fr. 5 $5 1861 Demand Note PMG Choice Fine 15 Net. Nine examples of this St. Louis Demand Note are known, only two of which grade higher than this piece--the finest of them is a PCGS 35. That PCGS 35 also holds the price record for this Friedberg number. It realized $43,700 when auctioned in October 2005. This note, which was previously in the Amon Carter Collection, has been off the market for 18 years. It last sold as part of the Jim Thompson Collection in October 1990 when it realized $4,180. PMG has pointed out "Restoration", which is either very minor or very well done, as we are unable to locate it through the holder. The note is heavily circulated to be sure, but it is quite attractive for a 15 with good color and reasonably strong hand-signatures remaining.
From The Dr. Edward and Joanne Dauer Collection


View all of [The Dr. Edward and Joanne Dauer Collection of Demand Notes ]

Auction Info

Auction Dates
September, 2008
17th-21st Wednesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 1,153

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Sep 19, 2008 for: $13,800.00
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