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    Extremely Rare High Grade Fr. 16b

    Fr. 16b $1 1862 Legal Tender PCGS Choice About New 55.
    The Friedberg 16b is an unheralded rarity in any grade and prohibitively rare in the higher grade ranges. It is distinguished from other Fr. 16 varieties by the presence of the green patent date on the right side, the absence of the ABNCo monogram, and the fact that only Series 166 to 174 examples can be Fr.16b's. Track & Price lists only four examples in its census, and PCGS has graded only four to date in all grades combined, with this piece the highest grade by a full fifteen points. PMG has seen even fewer, with only two pieces graded: one Very Good and one Very Fine. The highest grade example which has crossed the auction block to date is Very Fine as well. Fortunately for collectors, this piece is a real beauty, with great color and simply extraordinary margins for this issue. Any estimate here is simply a surmise, but grade and rarity could make our estimate appear very conservative before the hammer falls on this note tonight.

    Auction Info

    Auction Dates
    September, 2015
    16th-22nd Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 810

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

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