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Description

Highest Graded Fr. 334 1891 $50 Silver Certificate

Fr. 334 $50 1891 Silver Certificate PMG Superb Gem Unc 67 EPQ.
At its previous Heritage appearance in September 2008, we described this note, "Of all the different Friedberg numbers representing the $50 denomination in Silver Certificates, Fr. 334 is not nearly as common as the Fr. 335, though Fr. 334 does have a small number of known Uncirculated examples. About a dozen such specimens are known, most of which come from three different sheets. A survey of the census reveals most of the pieces have long been labeled as Gem, however, the very particular requirements for the highest grade level have resulted in PMG and PCGS having only awarded one Superb Gem grade to date. Further examination of the population reports for each of these companies reveals that this is the lone Superb Gem 67 graded for the six different Friedberg numbers that make up the 1891 $50 Series. The paper is creamy white and perfectly original with a bold red seal and ideal margins on all sides. With only one Superb example graded, any estimate here is simply a guess, but if the market for 'Finest Knowns' continues at its present pace, our estimate may well prove conservative in the extreme." On that evening, the note realized $69,000. Since that time the census data remains unchanged and this highest graded Fr. 334 should again realize right around $70,000.
Previously from The Jupiter Collection.
From The Greensboro Collection


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Auction Info

Auction Dates
January, 2013
9th-14th Wednesday-Monday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 566

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