LOT #17007 |
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Fr. 8 $10 1861 Demand Note PMG Very Fine 25.. ...
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Sold on Jan 10, 2014 for:
$15,862.50
Bid Source: Internet bidder
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Description
Exceptional Boston $10 Demand Note
Fr. 8 $10 1861 Demand Note PMG Very Fine 25."Track & Price lists 42 examples of this Ten Dollar Boston Demand Note and has no record of any ever having been graded better than XF. Those XF offerings were notes that have yet to be graded by PMG and PCGS. With some leniency offered to Demand Notes in past auctions, it is likely that the XF examples known may also score no better grade than VF from the third party services today. Moreover, they will have to compete with the over-the-top eye appeal of this example. PMG has noted an inconsequential split repair in the top margin which can only be found after thorough examination. The pen signatures are strong and legible and the note has excellent color. A wholly pleasing Demand Note that has lots of aesthetic appeal." That description was from when we last sold this note in 2011. Nothing has changed, neither service has graded any Fr. 8 better than Very Fine and they have seen a total of only 18 pieces. When we last sold this note two years ago it realized $20,700.
View Certification Details from PMG
Auction Info
2014 January 8 - 10 & 13 FUN US Currency Signature Auction - Orlando #3526 (go to Auction Home page)
Auction Dates
January, 2014
8th-13th
Wednesday-Monday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 949
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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