LOT #14894 |
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Fr. 151 $50 1869 Legal Tender PMG About Uncirculated 50....
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Sold on Sep 19, 2008 for:
$109,250.00
Bid Source: Live: Floor bidder
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Description
Outstanding Eye Appeal
Fr. 151 $50 1869 Legal Tender PMG About Uncirculated 50. This piece last graced the pages of the Dr. Edward and Joanne Dauer Catalogue, where it realized nearly $150,000. The description read, "Sixty-two examples are known of this Rainbow Fifty - only three of which are graded higher than this handsome AU. PMG has not graded any Rainbow $50s above the AU level, and only three pieces at that level. This one is unsurpassed for eye appeal. The margins are broad and quite even, the back centering is perfect and the colors are bright and bold....The portrait at the lower right of the note is that of Henry Clay. Clay was the thrice unsuccessful perennial presidential candidate between 1824 and 1844. He had also served as Secretary of State under John Quincy Adams in the late 1820s. The record auction price for a Friedberg 151 is $184,000 which we set in our Taylor Family Sale in February of 2005. This piece lacks the technical grade of that example, but it certainly is comparable in appearance - if not a touch nicer." The number of known pieces remains the same and this piece remains the finest offered at auction since early 2005.From The Jupiter Collection
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Auction Info
2008 September Long Beach, CA CAA Signature Auction #3502 (go to Auction Home page)
Auction Dates
September, 2008
17th-21st
Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 4,054
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