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Description

Extremely Rare Philadelphia "for the" $10 Demand Note

Fr. 7a $10 1861 Demand Note PMG Choice Fine 15.
"Only three examples of this Philadelphia District $10 are known, one of which, the Serial Number 1 note, has been of uncertain whereabouts for the past forty years since its appearance in a 1970 Sotheby's sale. This note is a solid Fine with some claims to the Very Fine grade. The colors are excellent, and the margins, though close in spots, do not intrude into the design. The signatures are a bit light, but both are legible as are the important 'for the' inscriptions. Only when incredible collections are offered do 'for the' Demand Notes reach the market." That was the description we used when we sold this wonderful note as part of the Edward & Joanne Dauer Collection at our September 2008 Long Beach Auction. At that time, the note realized $97,750. With the census unchanged, we would expect today's realization to fall in the same range.
From The Greensboro Collection Part II


View all of [The Greensboro Collection Part II ]

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Auction Info

Auction Dates
April, 2013
24th-28th Wednesday-Sunday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 2,875

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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Sold on Apr 26, 2013 for: $52,875.00
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