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    Serial Number 1 $50 Red Seal, the Only Specimen in Private Hands

    Fr. 1014a $50 1914 Federal Reserve Note CGA Gem Uncirculated 65. Serial number C1A. This remarkable note is the only known serial number 1 Red Seal $50 in private hands. (The other, from the Chicago district, is impounded in the collection of the Federal Reserve Bank of San Francisco.) The type is rare as a whole, and the desirability of this note is increased substantially by its grade. Although it is almost not important, the technical quality is unimpeachable as well, with broad margins, excellent centering, and great eye appeal. We sold this note once before a year ago in our January, 2001 FUN sale, and we can attest to its originality as it was then sold before it was encapsulated. It is a truly impressive note that was once in the collection of William A. Philpott, and will undoubtedly become a highlight of any elite collection. It is a great rarity and special note that should generate considerable excitement when it reaches the auction block, and should easily reach or surpass...

    Auction Info

    Auction Dates
    January, 2002
    10th-12th Thursday-Saturday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 452
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