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    Description

    Rare Fr. 130 $20 Large Brown Seal Legal

    Fr. 130 $20 1880 Legal Tender PMG Very Fine 30.
    The first of many 1880 Friedberg types printed over 40 years. This rarity is essentially new to the market as it was last cataloged and sold in 1991. Track & Price records 13 notes in all grades with this being one of the finer known pieces. The Alexander Hamilton and Liberty face design is complemented by a large spiked brown seal at the right. A handsome note in a comment-free holder. The margins and colors are superior. We have only handled three serial numbers of this type in the past dozen years. Of those, only the 2008 Tom Flynn example (PMG Choice Very Fine 35) was better, and it realized $32,200. Although the market is different now, having this note reach the five-figure mark would not be surprising. Ex: Lyn Knight, November 1991 sale, lot 278. A top-notch Legal Tender rarity.
    From The Mike Coltrane Collection.


    Estimate: $8,000 - $12,000.

    Auction Info

    Proxy Bidding Ends
    June
    24th Thursday 4:50 pm CT
    Auction Dates
    June
    24th-25th Thursday-Friday
    Proxy Bidding Time Remaining
    2 Days 32m 12s
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: 20
    Page Views: 141

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 1 - Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 20001-20212) - 5:00 PM Central Time, Thursday, June 24, 2021.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 7 days before the live session begins and continues through the session.)

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    Additional Location Info:
    Heritage Auctions
    2801 W. Airport Freeway
    Dallas, TX 75261



    Current Bid:
    $5,250
    Bid Protection
    w/ Buyer's Premium (BP) : $6,300.00 Minimum Next Bid: $5,500 ($6,600.00 w/ BP)
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