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    High-Grade Fr. 16b $1 Legal Tender

    Fr. 16b $1 1862 Legal Tender PMG Extremely Fine 40.
    This type is difficult to find in any grade and is only infrequently offered for sale. Series 173 was printed from a face plate without the "ABC" monogram at the right end, but with the green patent date text deftly over the right guilloche work. An exact census of currently known examples is challenging since opinions are varied. However, the condition of this note is certainly meritorious, and it is one the finer examples we have cataloged. Nicely margined all around on this A position face. The colors on both sides are noteworthy. This measures up quite well with the PMG Extremely Fine 40 example we sold at our 2018 FUN auction for $2,040. An excellent opportunity to achieve an underrated $1 Legal Tender type with eye appeal to match.
    From The Mike Coltrane Collection.

    Auction Info

    Auction Dates
    November, 2020
    4th-5th Wednesday-Thursday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 392

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