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    Description

    Elusive Gem San Francisco District $1000 Dark Green Seal Mule

    Fr. 2211-L $1,000 1934 Mule Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
    No Gem 2211-L Dark Green Seal $1,000 has ever appeared in our auctions in the 15+ years that we have kept currency auction archives at HA with the finest 2211-L Dark Green Seal we have ever offered being a PCGS AU55! A glance at Track & Price confirms that no Gem 2211-L DGS has ever been sold at public auction anywhere. PCGS and PMG population data attest that only sixty-one 1934 $1,000 Dark Green Seal Gems have been graded for all 12 Federal Reserve Districts combined since both major grading services were established over 10 years ago. Of these 61 Gems, 51 (84%) are from 4 common districts (Boston - 22, Minnesota - 12, Chicago - 9 and Kansas City - 8). No 2211 DGS Gems have been graded for New York, Philadelphia, Cleveland, St. Louis or Richmond districts, so the remaining 10 Gems are thinly spread over 3 rare districts; Atlanta - 1 Gem, Dallas - 4 Gems & San Francisco - 5 Gems. The five 2211-L DGS San Francisco Gem $1,000s that are listed in PCGS and PMG current populations were graded nearly a decade ago with no Gems added since. There is one 66 at each service, and three PMG 65 EPQ mules, one of which is the present lot. We sold a common district 2211 DGS Kansas City $1,000 in 65 EPQ for $8,225 in August 2017. This fresh 1934 DGS Gem $1,000 from a never before offered district displays striking originality, exemplary inks, and strong embossing. Its quality and rarity could well propel it to a five-figure realization here tonight.


    Auction Info

    Auction Dates
    January, 2018
    3rd-9th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 858

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