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    Beautiful 1869 $50 Legal Tender

    Fr. 151 $50 1869 Legal Tender PCGS Choice About New 58PPQ.
    When we last sold this note in 2005 it realized $184,000. It has sold publicly three times, always as Uncirculated and twice as a Gem. The PCGS assigned grade of 58PPQ is inexplicable to us and while it may be technically correct, it is certainly highly conservative. The note is broadly margined with perfect colors and the eye appeal of a Superb Gem. The reason for the About New grade is without doubt the upper right corner, which has some counting marks, one of which could be interpreted as a corner fold. Whatever the technical grade, the note is without peer among the sixty-one known examples for eye appeal. The note is hugely margined, with spectacular color, strictly original paper surfaces, and no flaws, repairs, problems or impediments of any kind. A great example of a significant, rare, and very beautiful one-number type.
    From The Greensboro Collection

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