Skip to main content
Go to accessibility notice

    Description

    Rare and Attractive $50 Minneapolis Red Seal FRN

    Fr. 1020b $50 1914 Red Seal Federal Reserve Note PMG Choice Very Fine 35.
    In 1991, it required vision to buy high-denomination Federal Reserve Notes at auction; they were not appreciated then as they are now. This is a lovely $50 red seal that has been off the market for 30 years. There are less than 300 $50 red seal Federal Reserve Notes known from all districts combined, and this is an attractive example. The faces feature the portrait of U. S. Grant engraved by John Eissler. The back (the same as used on the $50 Fr. 831 St. Louis FRBN) features the titled female allegory Panama (the Panama Canal opened in 1914). Evoking images of Venus, she is supported above the ocean by a structure with dolphin motifs. A lush, tropical scene is just behind her, and shipping scenes are on each end. All $50 red seal FRNs are difficult to obtain, and Track & Price reports 20 of these Minneapolis $50 notes. There is a Choice Uncirculated 63 piece reported, but this example is close to the top of the condition census. The colors are very vivid on this lightly tri-folded note, and it is framed very well on both sides. Ex: Stack's, March 12, 1991 sale, lot 1942 (realized $302.50). This handsome note will be ideal for a specialist or find a new home in a choice type set.
    From The Mike Coltrane Collection.


    Auction Info

    Auction Dates
    June, 2021
    24th-25th Thursday-Friday
    Bids + Registered Phone Bidders: 43
    Lot Tracking Activity: N/A
    Page Views: 343

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold on Jun 24, 2021 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 16 days left to consign to the 2021 September 29 - October 4 Currency Signature Auction - Long Beach!

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search