Description

    Fr. 16 $1 1862 Legal Tender PCGS Gem New 66PPQ. The first $1 Legal Tender note is quite easily available in the lower grade ranges, but becomes just plain rare in any grade higher than 65, as the thin paper and tiny margins prevalent on this issue limit the number of high end uncirculated examples to a select few. PCGS has graded over 225 1862 $1 Legals of all numbers and assigned a grade of Gem New 66 only six times, with only one piece graded higher. One look at this note confirms its status as a rare bird indeed, as the margins extend well beyond the frame line and are even all around, something virtually unheard of in this series. The paper is bright, the inks vivid, and the overall appearance truly something special. If you seek only the finest of type notes, this piece is one you should make an effort to bring home this evening.

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    Auction Dates
    September, 2009
    8th-13th Tuesday-Sunday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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