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    The Highest Graded Fr. 164--One of Only Three Uncirculated Examples Known

    Fr. 164 $50 1880 Legal Tender PMG Choice Uncirculated 64. Fr. 164 is represented in the Track & Price census by 200 notes--very few of which are at the upper end of the grade scale. In fact, both grading services together have graded only a total of three uncirculated Fr. 164s. Both PMG and PCGS have each graded a 63, and this 64 stands at the top of the census. It is very likely to remain there, as this is a note that has stymied collectors of Gems for decades. Estimating the note is a challenge as there is no auction precedent in this grade range. The last time this note appeared at auction was in 1991 where, as a raw note, it was also graded Choice. At that time it realized $3960, which was a very high price for its day. As the finest known example of this very popular number, we believe this note will certainly reach and quite possibly exceed...
    From The Sky Room Collection

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    Auction Dates
    Apr-May, 2009
    29th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 3,404

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