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Fr. 187j $1,000 1880 Legal Tender PMG Fine 12 Net.. ...
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Extremely Rare One Thousand Dollar 1880 Legal Tender Note
Fr. 187j $1,000 1880 Legal Tender PMG Fine 12 Net.Track & Price indicates 14 examples known of this extraordinarily rare DeWitt Clinton 1880 $1000 Legal Tender note. The known pieces are all in a tight grade range from 10 to 40. Everything 30 and above has sold for over $100,000 with the three most recent sales our 30 Net in January of 2013 for $176,000 and a PCGS 35 in August of 2012 for $253,000. The highest grade note, a PCGS 40, sold for $322,000 in 2011. All three of those notes were worlds away from this one in grade, but this 12 Net will afford one collector who lacks a $200,000 budget to acquire this extremely rare type. The Net grade is assigned for "Repaired" which appears to be two short internal tears. Three of the margins are sound, but the top margin is a bit tattered. A difficult piece to estimate, but we would be extremely surprised if it failed to reach...
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