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    Description

    Fr. 1133a $1000 1918 Federal Reserve Note Extremely Fine. This is the eighth known example of this Burke-Houston signed Thousand Dollar Fed, all of which are from the New York District. The note is totally solid for the grade, with excellent color and original paper surfaces. 1133a's are seldom on the market, and when they do appear, they present a tremendous opportunity for the astute buyer. The same design type, Fr. 1133, is the most common of all Thousand Dollar notes. There are over 130 pieces verified, yet 1133a, although it is an extreme rarity with only eight pieces known, one of which is permanently impounded in a Federal Reserve Bank Collection, sells for only about double the 1133 price. It's a real "tail wags the dog" situation. When the Friedberg catalog was initially released in 1953, 1133 was assigned to the 1918 Thousand, and 1134 was given to the unknown Five Thousand. When it was realized that there were three different signature combinations for 1918 Thousands, the "a" and "b" numbers were assigned, making these notes appear to be insignificant minor varieties. There is no doubt in this cataloger's mind that if this note had its own Friedberg number, prices would be far more in line with its extreme rarity, and a collector wouldn't be able to touch this note for under $40,000. Be that as it may, the price realized tonight for this great note will likely be in the area of . . .

    Auction Info

    Auction Dates
    September, 2005
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
    Page Views: 565

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