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Fr. 375a $20 1891 Treasury Note PCGS Fine 15 Apparent.. ...
Click the image to load the highest resolution version.$137,475 or more
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Description
Ex. Amon Carter 1891 $20 Fr. 375a-Unique in Private Hands
Fr. 375a $20 1891 Treasury Note PCGS Fine 15 Apparent.Our description in September 2006 was as follows: "Only two Fr. 375a's are known to exist, this piece and a high grade example forever off the market in the Smithsonian Institution. This note has seen a good deal of honest circulation and has picked up a small ink stain at the right, but remains otherwise problem free for the grade. CAA has never had the pleasure of handling this great rarity before, and after tonight, we will likely not see it again for decades. The note has resided in the great collections of Harley Freeman and Amon Carter...in between it was handled by the legendary Ft. Worth dealer B. Max Mehl in 1953. In recent years the note has struggled to find a permanent home and has been handled by a number of first tier dealers. We are quite sure that after tonight it will be in the collection where it will reside for years to come. We would be hard pressed to guess which one that will be, but we know of several good homes that are ready, willing, and able to put this piece in the type of collection where it belongs....good luck to all." Two comments on the above description...first, it helped the note to realize $155,250 and remains wholly accurate. Second, it was in the running for corniest description ending of the year...we believe it came in second.
From The Greensboro Collection
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