Skip to main content
Go to accessibility notice


    Extremely Rare Fr. 54, One of Only Three High-Grade Examples Known

    Fr. 54 $2 1880 Legal Tender Choice New. Fr. 54 is a very rare note in all grades, with only three uncirculated examples listed out of eighteen known pieces. There are no other high-grade examples known but for the three uncirculated pieces, with the next closest grade Very Fine. The other two uncirculated examples have both auctioned in the last five years. We sold one in October of 1998 for $22,000, and the other in January of 2001 for $35,750. This note has nice, even margins, spectacular color, good paper surfaces and no problems whatsoever. The printing for this Friedberg number was only 316,000, accounting for its rarity. For comparison, Fr. 57 had over 69,000,000 pieces printed, and Fr. 60 over 179,000,000.

    Auction Info

    Auction Dates
    January, 2004
    8th-10th Thursday-Saturday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 585

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $6) per lot.

    Sold on Jan 9, 2004 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 16 days left to consign to the 2021 September 29 - October 4 Currency Signature Auction - Long Beach!

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search