Description

    Lovely 1862 $2 Legal Tender

    Fr. 41 $2 1862 Legal Tender PMG Gem Uncirculated 66 EPQ. Between the two grading services, only four notes have reached this 66 level, with not too many more at the 65 level. Not a single 67 has yet been graded, and we would not be terribly surprised if one never surfaces. Only one of the four 66s has auctioned--a PCGS example, which realized $7700 in our September 2006 sale; actually, a surprisingly low number for that time. Over the last three years, prices have tailed off a bit, but there are a few exceptions. This note is likely to be one of those exceptions as collectors and dealers alike have become more aware of the true rarity of this type at this grade level. Besides earning PMG's EPQ comment, this note has also earned "Great Embossing" from PMG.
    From The Old North Church Collection


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    Auction Dates
    Apr-May, 2009
    29th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
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