LOT #16758 |
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Fr. 209 $500 1861 Interest Bearing Note Choice Very Fine....
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Sold on Feb 19, 2005 for:
$299,000.00
Bid Source: Live: Floor bidder
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Description
Unique in Private Hands
Fr. 209 $500 1861 Interest Bearing Note Choice Very Fine. Only two examples of this 1861 $500 Interest Bearing Note, remain in existence. The Serial Number 1 note, which is both damaged and cancelled and is being permanently held by the Bureau of Public Debt in Washington, and this note which is the only other existing example and is the Friedberg illustration piece. This note has never been auctioned before and was last seen publicly in a December 1996 Bill Youngerman Coin World Ad, where it was offered at $150,000. This piece has incredible color for the grade, and is problem free save for a dozen pinholes near the left end. It is beautifully margined, and has a very handsome overall appearance. The face bears a light purple Treasury Department stamp, and the back has a slightly heavier one along with the hand-written notation "pay the secretary of the Treasury for redemption" and signed Geo. Maters(?). This will likely represent the only opportunity for any collector to ever acquire a Fr. 209.Auction Info
2005 (CAA) Dallas, TX Signature Sale #364 (go to Auction Home page)
Auction Dates
February, 2005
18th-19th
Friday-Saturday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 592
Buyer's Premium per Lot:
15% of the successful bid per lot.
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