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    Description

    Extremely Rare $10 Cincinnati Demand Note- One of Seven Known

    Fr. 9 $10 1861 Demand Note PMG Choice Fine 15 Net.
    This Cincinnati $10 Demand Note is new to the census, and is being offered here to the collecting community for the very first time. It's one of only seven examples known, one of which is in the ANA museum. Two others have been reported by serial number only, with no sales history or current location. All but two of the known notes fall just below this piece in grade, with the last piece to sell being the Dauer collection example which graded VF 20 Net due to restoration and sold for $37,490 in September of 2008. This note is just a shade below it in overall quality, and its superior in eye appeal. PMG mentions rust (one of their obsessive concerns) but the "rust" turns out to be a few barely visible flecks on the reverse, and minor repairs, which are a couple of miniscule closed margin splits. The Dauer specimen we sold in 2008 is now part of a long term collection, and this Fr. 9 will very likely be the last opportunity to acquire this number for a long time to come.


    Auction Info

    Auction Dates
    January, 2011
    6th-10th Thursday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 900

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