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    PCGS Gem Uncirculated 65PPQ Fr. 1198 - The Only Uncirculated Fr. 1198 at Either Service

    Fr. 1198 $50 1913 Gold Certificate PCGS Gem New 65PPQ.
    Although Track & Price lists a total of 71 examples of Fr. 1198, the bell curve for grades centers half way up the steeple stairs. This is the only Uncirculated example graded by either service. This note is an old friend, having been sold by the original CAA in January 1999 to its current consignor. Fr. 1198 is the first number of a two number type. Fr. 1199, its type mate, is far more common with 12 Uncirculated examples reported including 6 at or above the 65 level. At last year's FUN Auction, we sold a Fr. 1199 PMG 66 with three notes at or above that level for $42,500. In spite of the 6 known 1199 Gems, Greensheet for this type shows 65 ask to be $28,500. This PCGS 65PPQ, which is the only reported Uncirculated example of Fr. 1198, will leave that number far behind.


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    Auction Dates
    January, 2014
    8th-13th Wednesday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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