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    A Handsome and Bright $50 1878 - Only the Second Offering of the Friedberg Number in Eleven Years

    Fr. 154 $50 1878 Legal Tender PMG Very Fine 30.
    A rare Friedberg number with this example one of a total of only 19 reported by Track & Price. The last ten years have seen only a single Fr. 154 cross the auction block. PMG has commented, "Minor Repairs," although they have not net graded the note. The repairs appear to have involved a few small splits at the top edge. Benjamin Franklin's portrait was used on this large size design long before its appearance on other Federal currency. The other portrait is of Liberty dressed as Columbia at far right. Fr. 154 is one of three Friedberg numbers of this design that includes two large "L's" on the face and it is also easily the second rarest of the trio. The only recent auction record for this type was in January of 2013, when we auctioned the finest known, a PMG 55 for $76,375. This note, which is just about in the middle of the census by grade, will likely realize about half that price.

    Auction Info

    Auction Dates
    August, 2018
    17th Friday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 913

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