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Fr. 1133-L $1,000 1918 Federal Reserve Note PCGS Choice About New 55.. ...
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Description
Lovely San Francisco $1000 Federal Reserve Note
Fr. 1133-L $1,000 1918 Federal Reserve Note PCGS Choice About New 55.A small run of very nice notes accounts for most of the survivors for this district. It also provides type note collectors with most of the highest graded $1000 Federal Reserve Note examples. For years, most of the notes in this run were commonly accepted by dealers and collectors alike as Uncirculated to Gem. While technically Uncirculated for a lack of spending any time in actual circulation, the grading services today have relegated most of the grouping to About New grades. The stringent standards for minor teller handling and corner bumps have resulted in just three third party Uncirculated auction appearances since this piece last sold as a fully new note in 2007 for nearly $50,000. There is little wonder why it would have been called new as the margins are excellent, the paper is bright, and appears to be free of any significant grade limiting folds or handling. The devices remain sharp and the Eagle vignette on back is presented perfectly in deep green ink.
From The Greensboro Collection Part II
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