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    Description

    Condition Census 1918 New York $1,000

    Fr. 1133-B $1,000 1918 Federal Reserve Note PMG Choice Very Fine 35 Net.
    Despite having the largest print run for any district (still a dismal 124,800 notes), the percentage of surviving New York $1000s is far lower than other districts. Fewer survivors are known in total than even San Francisco examples, of which 22,000 notes were printed and issued. Robust banking and trade in New York City no doubt affected attrition rates. While third party graded Uncirculated examples of the type are known, they are from other districts. To date, just one finer third party graded example from this district has been offered at auction, a PCGS Extremly Fine 40 that realized $27,600 in our September Long Beach Auction 10 years ago. Every lower grade Very Fine we've offered since has reached or cracked $20,000 mark. This boldly printed note will likely settle near the $30,000 mark since it's the finest survivor offered in a decade and a nicer example is unlikely to come to market any time soon.


    Auction Info

    Auction Dates
    September, 2016
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 585

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