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    Fr. 165b 1862 $100 Spread Eagle - The Only Example Graded By Either Service

    Fr. 165b $100 1862 Legal Tender PMG Very Fine 25.
    A pleasing "Spread Eagle" Hundred, one of the classic rarities for U.S. large size type notes. Track & Price indicates a total of just 25 pieces known for all three minor varieties - 13 for Fr. 165, 11 for 165a, and this lone Fr. 165b, making this piece a "must have" for those ambitious collectors seeking to acquire an example of every Friedberg number. This unique note is, fortuitously, a very attractive note with sharp ink colors for the grade and an overall pleasing appearance. PCGS has commented about edge splits and minor damage but none of the flaws mentioned by PCGS appear significant. They are typical for all denominations of these early Legal issues since the very thin paper had a tendency to chip and split at the edges. It is believed that the appearance of the American eagle on this note was its first use on Federal Currency. In its lone public appearance, this unique example brought $51,700 in our 2015 Central States auction.

    Auction Info

    Auction Dates
    April, 2020
    22nd-27th Wednesday-Monday
    Bids + Registered Phone Bidders: 18
    Lot Tracking Activity: N/A
    Page Views: 485

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