Skip to main content
Go to accessibility notice


    Scarce Fr. 163 1880 $50 Legal Tender

    Fr. 163 $50 1880 Legal Tender PMG Fine 12.
    This Friedberg number has a population of six, with two permanently impounded within the Federal Reserve system. The third piece has been off the market since 1973 and the fourth example is a Gem that we sold for almost $69,000 in September 2001. This is the fifth documented note. Previously, this note was once part of the Robert Schermerhorn Collection during the 1950s when he and William Philpott were Dallas rivals for the rarest of the rare when it came to paper money. We last sold this particular note for just under $20,000 in January 1997. With several collectors vying to complete sets of United States paper money by Friedberg number, this piece becomes a necessary purchase by anyone serious enough to attempt to collect in this manner. This is another note in this auction that asks the question, "If not tonight, when?" At its last auction appearance, at our FUN 2008 Auction, it realized $69,000.
    From The Greensboro Collection

    View all of [The Greensboro Collection ]

    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, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 1,363

    Buyer's Premium per Lot:
    17.5% 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
    Consign to the 2019 April 24 - 29 Central States Currency Signature Auction - Chicago.

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 November 7 - 10 Eric P. Newman Collection Part X Currency Signature Auction - Dallas
    2018 November 7 - 10 Eric P. Newman Collection Part X Currency Signature Auction - Dallas
    REALIZED SO FAR $634,433