Description

    Extremely Rare Fr. 54, One of Only Three High-Grade Examples Known

    Fr. 54 $2 1880 Legal Tender Choice New. Fr. 54 is a very rare note in all grades, with only three uncirculated examples listed out of eighteen known pieces. There are no other high-grade examples known but for the three uncirculated pieces, with the next closest grade Very Fine. The other two uncirculated examples have both auctioned in the last five years. We sold one in October of 1998 for $22,000, and the other in January of 2001 for $35,750. This note has nice, even margins, spectacular color, good paper surfaces and no problems whatsoever. The printing for this Friedberg number was only 316,000, accounting for its rarity. For comparison, Fr. 57 had over 69,000,000 pieces printed, and Fr. 60 over 179,000,000.

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    Auction Dates
    January, 2004
    9th-10th Friday-Saturday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 443

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