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    Wholly Original Iconic Spread Eagle

    Fr. 167a $100 1863 Legal Tender PCGS Very Fine 30PPQ.
    Joseph P. Ourdan's engraving of the Spread Eagle perched atop a rock, remains one of the most iconic designs on United States currency. The issuance of currency by the Union during the Civil War was an act of war itself, a way to fund the fighting that took a heavy toll on the Treasury. There is no doubt the eagle's posture was very deliberate during a time of war, and no other note since so proudly displays UNITED STATES across the face. The design used made it a collector favorite from the earliest days of collecting. Since the notes commanded premiums over face value, very few have ever escaped the hands of a professional restorer. Even those notes that were seemingly perfect were also "enhanced." The note here is a perfect, mid-grade example that was not only left untouched, but also avoided many of the pitfalls of circulation to garner a Premium Paper Quality designation. It has been off the market since late 2000 and our records indicate it's just the second to be offered at public auction with an EPQ or PPQ descriptor. The paper is bright with a perfectly complementary red overprint. The design details are boldly printed, and the back design is bold. With a Very Fine 30 Net realizing six figures, this beautifully original note should easily surpass...

    Auction Info

    Auction Dates
    September, 2016
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 1,186

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

    Sold on Sep 9, 2016 for: Sign-in or Join (free & quick)
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