Description

    Rare 1863 $50 Legal Tender

    Fr. 150 $50 1863 Legal Tender PMG Extremely Fine 40.
    Previously sold by us at our 2008 FUN Auction with the following description..."Only eight examples of this Friedberg number are known - six of which, including this ninth note, are lovely, high-grade examples. Only one or two others of the design type from Fr. 148 through Fr. 150a can be comparably graded. This note, a new number to the census, slips right into the short serial number range that has supplied the high-end pieces. The six examples have been variously graded from EF to Uncirculated, which more than likely reflects varied opinions rather than varied grades. The price record for this number is held by a PCGS 40 which realized $103,500 in October of 2005. This note is an absolute stunner with impeccable color of the paper and inks, and sharp printing quality. PMG has added the comment 'Professional Restoration of Edge Splits.' We have seen this note out of the holder, and we are unable to find any trace of the restorations. The surfaces of the note are well embossed, bright, and completely original." Since that time, the census has risen by one to a total of ten known. Another example, two serial numbers away from this note, and graded PCGS 50, sold in 2011 for $253,000. This note realized $299,000 at our aforementioned 2008 FUN Auction. Although that number will not likely be reached tonight, we certainly expect the bidding to stop quite close to it.
    From The Greensboro Collection


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    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

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    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
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