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    Description

    Fr. 16a $1 1862 Legal Tender PMG Choice Uncirculated 63 EPQ. Superb colors and ideal fresh, original paper surfaces highlight this extremely scarce note. Only about two dozen examples are known in all grades combined. This one comes from the short run that supplies all the high-grade pieces. It's an absolute, impeccable Gem save for the slightly tight side margins which are so typical of these early Aces. An important rarity that is, in our opinion, far undervalued in any market. This type is outnumbered by its type-mate, Fr. 16, by a ratio of nearly 30 to one, with over six hundred Fr. 16's known and 26 Fr. 16a's. On today's market, 16a's typically realize less than double the price of 16's.

    ‡ The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.

    Auction Info

    Auction Dates
    January, 2007
    4th-6th Thursday-Saturday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 330

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