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    Rare Cleveland District Thousand Dollar Fed

    Fr. 1133-D $1,000 1918 Federal Reserve Note PCGS Apparent Very Fine 35.
    When we last sold this note in our April 2011 Rosemont auction, we used the following description: "An extremely rare note, especially in this grade. Exactly a dozen examples are known in this denomination from the Cleveland district, one being a serial number 1 specimen that is permanently impounded in an institutional collection. Five of the eleven others come from a run of Uncirculated examples, the last of which sold twice in two years for an identical figure of $97,500. The six circulated pieces range from a low end Very Fine to a couple of Extra Fines, the last of which sold for $37,375 in 2007. This piece is a most attractive example, with its only flaw a tiny spot at the bottom where an ink mark was removed. The margins, print quality and eye appeal are all fully equal to or better than the assigned Very Fine 35 grade. Any estimate here is simply a guess, but if rarity and desirability are any guide, expect a realization in the range of..." At that time, it realized $17,250, a number that will likely be exceeded this evening.

    Auction Info

    Auction Dates
    Sep-Oct, 2013
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 396

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold on Sep 27, 2013 for: Sign-in or Join (free & quick)
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