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    Description

    Rare Friedberg 17a with Serial Number on Seal

    Fr. 17a $1 1862 Legal Tender Very Good. This is the second time we have sold this extremely rare note. It was in our September 2000 sale, where it was described, "This is one of only four known examples, with the left serial number directly on the seal instead of in its normal place below the portrait on the '1' counter. Were this known to the Friedbergs when the initial numbering system was devised, this variety undoubtedly would have warranted a separate number and commanded a commensurate price. This variety is only now gaining recognition as a significant rarity." At that sale, we estimated this piece at $5000-up, and it realized $5775. No new pieces have surfaced, and the census still remains at four, all from Series 1 and with the serial numbers ranging from 2040 to 3159. The rarity of this piece is far better established now than it was then, and we would not be at all surprised by a realization into five figures.

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    Auction Info

    Auction Dates
    April, 2006
    27th-28th Thursday-Friday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 251

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