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    Description

    Choice Uncirculated 64 Serial Number 1 Battleship

    Fr. 757 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64.
    A great serial number 1 Battleship Deuce that was once part of the fabled Albert Grinnell collection and was auctioned in June 1946 as part of that sale. It is one of only four serial number 1 Battleship Deuces known to date and they are enumerated as follows:

    1. Fr. 750 Serial Number B1A, CU: The first and only listing in the census is a Phil Lampkin fixed price list entry in March of 1969. It was advertised as "Price on Request."

    2. Fr. 757 Serial Number D1A, PMG Choice Uncirculated 64: The example offered here.

    3. Fr. 762 Serial Number F1A, CU: Previously part of the James M. Wade Collection. Wade was considered a personal friend of Treasury Secretary William Woodin and succeeded in assembling an amazing array of rarities, including splendid U.S. Demand Notes, a complete set of Series 1878 Silver Certificates topped by the $100 (Fr 337) payable at San Francisco, an exceedingly rare $5/$10 Series 1914 note, a Series 1891 $50 Coin Note with serial number A1, and additional rarities. When Wade's Collection was presented in a Bebee fixed price list in 1956, this note was priced at $90. Aubrey Bebee purchased the note for his personal collection and subsequently donated it to the American Numismatic Association where it resides today. While this note is available to the collecting community for as little as the price of airfare to Colorado Springs, one cannot take it home.

    4. Fr. 776 Serial Number K1A, PCGS 63PPQ: First appeared on Bebee's fixed price list of Wade's collection at $100 and, after several auction occurrences over the years, it last realized $35,250 in our 2014 FUN auction.

    There was limited appreciation for serial number 1 rarities until the last few years. Now they grab headlines and are subject to fevered bidding wars as evidenced by our September 2008 Long Beach Signature Auction when we sold the Fr. 871a $5 1914 Federal Reserve Note Serial Number 1 example for $109,250.

    While we don't expect a six-figure realization this evening, the Battleship is an iconic design on one of the most popular denominations ever and we fully expect this near-Gem example to approach...


    Auction Info

    Auction Dates
    January, 2016
    6th-12th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 1,452

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    Sold on Jan 12, 2016 for: Sign-in or Join (free & quick)
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