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    Fr. 229a 1899 Black Eagle - PMG 66 EPQ - Tied for Top-Pop

    Fr. 229a $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ.
    Fr. 229a is the toughest by far of the Black Eagles in top grade. Fr. 231 is very slightly rarer but far more available at the top end of the grading scale. PMG has graded a total of only 124 examples of Fr. 229a. That may sound like a lot of notes but PMG has graded 300 and up of the "scarce" Black Eagles and huge numbers for the common notes...1500 plus for Fr. 233 and over 1700 for Fr. 236. This exceptional quality 229a is tied with five others at PMG for top-pop. PCGS has graded three of these at the 65 level with nothing higher. A careful inspection of the note indicates that on any given day this broadly margined, hugely embossed piece could easily have been called a 67. It is one of the nicest, if not the nicest Fr. 229a that this cataloger has seen. This is the first of the PMG 66 229a's that Heritage has sold. Only two have reached the auction market. One in the 2008 Memphis Auction which realized $18,400 and a second in October of 2009 which realized $15,525. In April of 2008 we auctioned the Tom Flynn PCGS 65 which realized over $18,000. It has been five years since the last opportunity to purchase a 229a in a 66 holder and we would expect a very solid price for this beauty.

    Auction Info

    Auction Dates
    April, 2014
    23rd-28th Wednesday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 615

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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