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Description

Exceptionally Attractive Serial Number 1 Original Series Ace

Poughkeepsie, NY - $1 Original Fr. 380 The Merchants NB Ch. # 1380
When we last sold this important mid-Hudson Valley rarity in September of 2006, we described it as follows: "This note last appeared in the 1979 NASCA sale where is was very conservatively graded and realized a then princely sum of $850. The days of acquiring a magnificent example as this at those prices are long gone. This lovely note bears the presence of two folds placed long ago with a touch of light handling. The classic pen signatures remain bold on very crisp surfaces that do not show their age. In terms of condition this Extremely Fine-About Uncirculated beauty ranks as one of the best Serial Number One Original Series notes for the state." At that sale it realized $20,700 against a pre-sale estimate of $12,500-$17,500, a show of support from a market that understands the importance of quality, desirability and rarity. In 2012, and graded PCGS Extremely Fine 45, we expect those attributes to produce a realization in the area of...


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Auction Info

Auction Dates
April, 2012
18th-22nd Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 372

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Apr 19, 2012 for: $10,350.00
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