Skip to main content
Go to accessibility notice

    Description

    Incredibly Colorful 1869 $50 Rainbow

    Fr. 151 $50 1869 Legal Tender PMG Very Fine 25.
    The incredible colors and eye appeal of this rare 1869 Rainbow Fifty are startling when one glances up and sees the assigned 25 grade. Although the grade is accurate, the note has the look of an About New example. PMG has commented, "Tear Repairs, Splits," and they are correct although both are minor. The portrait is one of the few on US currency that is not identified in print. It is Henry Clay, who was a Congressman then Senator, and finally Secretary of State in the late 1820s. He was also an unsuccessful candidate for the presidency on three separate occasions. Track and Price indicates 65 known examples, which is well in excess of the number of notes considered outstanding by the Treasury. This is explainable by the fact that there are exceedingly good counterfeits of this design type, and they have a way of working into the census figures. This is the only type where this happens with any frequency, as most counterfeits of this era are of rather poor quality, easily detected, and never reported as genuine to the census takers.
    From A Private New York Collection, Part II




    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2017
    4th-10th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 1,449

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 35 days left to consign to the 2018 August 14 - 17 ANA WFOM Currency Signature Auction - Philadelphia!

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 April 26 - 30 CSNS World Currency Signature Auction - Chicago
    2018 April 26 - 30 CSNS World Currency Signature Auction - Chicago
    REALIZED $946,904