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    Highest Grade Fr. 700 Graded to Date

    Aurora, IL - $100 1902 Plain Back Fr. 700 The Merchants NB Ch. # 3854
    With the exception of $5 Brown Backs, the Merchants National Bank of Aurora only issued notes in $50 and $100 denominations. This has provided Illinois type collectors with a large number of examples to collect, though this Gem is a real standout. A total of ten different Friedberg numbers make up the 1902 $100 Plain Backs. Current population data from PMG and PCGS show just four notes graded Gem or better for all ten Friedberg Numbers. This is the finest Fr. 700 by a wide margin as no others have been reported in any uncirculated grade. With no other auction appearances by a $100 Plain Back graded Gem or better and no pricing information above 65 in The Currency Dealer Newsletter, we would not be surprised if this PMG Gem Uncirculated 66 EPQ realized...
    From The Magnolia Collection

    View all of [The Magnolia Collection ]

    Auction Info

    Auction Dates
    Sep-Oct, 2013
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 606

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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