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    Striking Fr. 151

    Fr. 151 $50 1869 Legal Tender Very Fine-Extremely Fine. This is an evenly circulated Rainbow $50 that has light folds. It also exhibits sound edges and full margins and is problem-free. This note has a provenance back to Louis Werner, New York coin dealer and sergeant-at-arms of the ANA for 25 years. Sixty-three pieces are known for this type, and at least fourteen of those are in government or museum hands. Only a couple of handfuls of notes, including several permanently off the market, are reported to be in a higher-grade than this example. There is not a hint of a repair or restoration of any kind. Even when candled (viewed with the light source passing through it), none of the folds are heavy enough to be seen as dark lines. In May 2005 we sold a similar graded note for $63,250. It's a pleasure to handle this rarity, and we would expect this one-number type to easily realize...
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    Auction Dates
    September, 2006
    13th-15th Wednesday-Friday
    Bids + Registered Phone Bidders: 2
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