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    Description

    Fr. 334 $50 1891 Silver Certificate Superb Gem New. This note is from the run of about fifteen examples that has supplied collectors with the only high-grade pieces known of this number. This particular example is as nice as any we've seen. It's broadly margined, beautifully bright, and it has retained all its deep, original embossing from the pressure of the plate. It's been to the auction block only twice before: once when it was sold by Bill Donlon in September of 1977 at $2600, and again at the Memphis auction this year. CAA had the two examples which follow this piece in serial-number order in our May sale, both of which were re-purchased by the consignor at $25,000. Each of those two notes attracted bids just below the level at which they had been reserved. In the last three years, two examples from this run both realized over $26,000. One was sold by Lyn Knight in December of 2000, and another by us in May of 2000. The appearance of three Superb examples of this number at auction in a two-month period seems to have dissuaded buyers' enthusiasm. That situation should be viewed as opportunity knocking by some astute collector. This note should certainly command a price commensurate with its considerable rarity and technical perfection.

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    Auction Info

    Auction Dates
    September, 2002
    20th-21st Friday-Saturday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 193

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