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    Very Rare Fr. 423

    Greensburg, PA - $10 1875 Fr. 423 The First NB Ch. # 2558
    This rare note was last offered as part of the Tom Flynn holdings in 2008, when we noted: "This is an exceptionally rare Friedberg number, with only a literal handful of examples known in all grades from all banks. This number exists only because of title changes or the order of a new denomination by an already existing bank, the latter almost certainly the reason for this institution's Fr. 423 examples. Despite the research already available in the last several years, the Friedberg catalogue persists in valuing signature combinations with populations of under a dozen pieces at a foolishly small premium over the most common numbers, in many cases with prices spread out over six grades when the total population extant is five or fewer notes. When this changes, as it inevitably will, expect price levels to adjust dramatically as the new levels reflect the true scarcity of these often excessively rare numbers. Very Fine+++, a bright and well printed example." While PCGS does not list graded Nationals by Friedberg number, PMG does, and to date has never graded even one Fr. 423. PCGS Very Fine 30.
    From The Greensboro Collection Part II

    View all of [The Greensboro Collection Part II ]

    Auction Info

    Auction Dates
    April, 2013
    24th-28th Wednesday-Sunday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 432

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