15042

Fr. 112 $10 1880 Legal Tender PMG Extremely Fine

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:1,950.00 USD Estimated At:3,200.00 - 4,800.00 USD
Fr. 112 $10 1880 Legal Tender PMG Extremely Fine
<B>Fr. 112 $10 1880 Legal Tender PMG Extremely Fine 40.</B></I> A sleeper number, falling as it does between its very common Type mates, Fr. 111 and Fr. 113, with respective censuses of 190 and 284. This is a particularly rare note in the higher grades, with the Track & Price census indicating well over half the known pieces grading 40 and under. PMG's population report bears this out; they have graded nine Fr. 112's, and the very highest of them is an AU 53. This 40 is a solid, problem-free XF with excellent margins and good color. Auction results for Fr. 112 indicate that the buyers are well aware of its relative rarity; while records from the '90s show very low prices, records after 2003 indicate that the buyers have "caught on," to the note's rarity. We sold an uncertified 40 in January of 2005 for over $4800.<BR><I>From The Thomas M. Flynn Collection</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)