LOT #19711 |
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Fr. 893b $10 1914 Red Seal Federal Reserve Note PCGS Superb Gem New 67PPQ.. ...
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Sold on Sep 5, 2014 for:
$38,187.50
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Description
Tied for Finest Known for the Entire Type
Fr. 893b $10 1914 Red Seal Federal Reserve Note PCGS Superb Gem New 67PPQ.PCGS has graded this and two other New York district Tens at the 67PPQ level with none higher - that does not quite tell the whole story as these three pieces are the only 67PPQ's that have been graded as Superb Gem for all the $10 Red Seal numbers combined...by both grading services. The note itself is glorious with huge margins, ideal color, and top-quality eye appeal. At the very height of the market in September 2008, we sold an identical PCGS 67PPQ for $37,375, and, at the very trough of the market in May of 2011, we sold an identical note for $21,850. The note we sold back in 2008 sold again last year, fetching a much stronger $30,550, indicating the resurgence of confidence in the highest end of the type note market. This is the third of the trio of Superb Gem 67PPQ Red Seals, with this specimen having been off the market since our consignor acquired it from our September 1999 CAA auction. If history is any guide, and the market remains as strong as it has been in recent months, expect a realization somewhat in excess of last year's number, likely in the region of...
Auction Info
2014 September 3 - 8 Long Beach Expo Currency Signature Auction - Long Beach #3529 (go to Auction Home page)
Auction Dates
September, 2014
3rd-8th
Wednesday-Monday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 1,940
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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