Skip to main content
Go to accessibility notice


    Newly Discovered Fr. 163 - One of Seven Known

    Fr. 163 $50 1880 Legal Tender PMG Very Fine 30 Net.
    Large denomination notes were out of the grasp of most of the public, this note representing almost a month and a half of an average person's salary when it was issued. Far fewer of these denominations were needed in circulation, and the print runs were comparatively small. Ten Friedberg numbers make up the different signature combinations and seal varieties for the Series 1880 $50 Legal Tender notes. Fr. 163, which features the signatures of Blanche K. Bruce and Ellis H. Roberts, was issued in the smallest quantity - just 28,000 notes. Their tenure together lasted less than four months between December 1897 and March of 1898, leaving only a small issuing window. With the discovery of this example, there are just seven known pieces with two permanently impounded in Federal collections. Auction appearances are rare, with just three notes offered in the last 20-plus years. The most recent comparable price would be a PMG Fine 12 that we offered in our January 2013 FUN Signature Auction. That piece topped the $35,000 mark. This example is evenly circulated with no single fold distracting from the eye appeal or disrupting the paper. A tiny restoration is noted and was executed by an experienced professional.

    Auction Info

    Auction Dates
    August, 2015
    13th Thursday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 2,585

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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

    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 11 days left to consign to the 2020 August 4 - 10 ANA Worlds' Fair of Money World Paper Money Signature Auction - Pittsburgh!

    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