Spectacular Fr. 1177 PMG 66 EPQ the Highest at Either Service by Twenty-One PointsFr. 1177 $20 1882 Gold Certificate PMG Gem Uncirculated 66 EPQ.
One of only two known CU examples with the other permanently impounded in the ANA Museum courtesy of Aubrey Beebe. Formerly in "The Fantastic Collection" it took four decades for this note to reach the market. It realized $35,000+ on an estimate of $20,000 and up in CAA's auction of May 1998. To paraphrase CAA's description then, this Gem New could not be surpassed. The margins are broad and even, the color 100% perfect, and the surfaces simply flawless. PMG has certainly delivered on our expectations in this case, they have assigned the note the 66 EPQ grade, 21 points higher than its closest rival, a PMG 45. PCGS has also graded a 45, with nothing higher. With the current market focused on the rarest and the best, there should be no doubt that this will become a six-figure piece. Expect a realization in the area of...
From The Greensboro Collection Part III
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