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.

    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    September, 2009
    8th-13th Tuesday-Sunday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 495

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

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

    Heritage membership

    Join Now - It's Free

    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
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 8 days left to consign to the 2018 April 25 - May 1 CSNS Currency Signature Auction - Chicago!

    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 receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 January 4 - 8 FUN World Currency Signature Auction - Tampa
    2018 January 4 - 8 FUN World Currency Signature Auction - Tampa
    REALIZED $1,634,873