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    Description

    Very Rare Fr. 795 $5 1918 Chicago FRBN

    Fr. 795 $5 1918 Federal Reserve Bank Note PMG Very Fine 30 EPQ.
    Unavailable to the collecting community for over 25 years, this $5 1918 Chicago FRBN is a very rare type. Another astute private purchase by Mike in 1996 at a time when the series was underappreciated and less well researched. Remarkably, Mike owned another example, which we sold in his Part 1 sale in November 2020. It is included in the current Track & Price census of a mere dozen notes. There is only one Uncirculated note confirmed. This is one of the finest known, close to top of the condition census. The face centering and colors are excellent, and the printing on both sides is very sharp. Mike's other Fr. 795 is a fairly close match, but the present offering is an "EPQ" note. The cited Coltrane Collection note (PMG Very Fine 35) realized $3,360 in the first sale and we would certainly expect a similar or superior result for this example. There had been a five-year gap in appearances until the two Coltrane notes resurfaced after being ensconced for over 25 years in Mike's cabinet.
    From The Mike Coltrane Collection.


    Auction Info

    Auction Dates
    June, 2021
    24th-25th Thursday-Friday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
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