LOT Old Heritage Auctions  /  2007 Sept Long Beach, CA Sig Currency #448  / 

15292

Fr. 152 $50 1874 Legal Tender PMG Gem

Currency:USD Category:Coins & Paper Money Start Price:75,000.00 USD Estimated At:150,000.00 - 261,000.00 USD
Fr. 152 $50 1874 Legal Tender PMG Gem
<B>Fr. 152 $50 1874 Legal Tender PMG Gem Uncirculated 65 EPQ.</B></I> Only 43 examples of this number are known, none of which is superior to this piece. The Dauers have used this wonderful note as their illustration piece for the 1874 Fifty Dollar type in their book. It is illustrated on both sides, along with three detailed close-ups, on page 112 of their definitive currency history reference. The note has bold red color, broad margins, excellent centering of both sides and tremendous eye appeal. It is only when great collections such as this reach the market that notes with this combination of rarity and quality become available. This single PMG 65EPQ is the only example graded by PMG above the AU level. Track & Price shows four examples that have been graded Uncirculated. The highest third-party piece other than this was a PCGS 64 which realized $103,500 last October. This note stands alone as the finest graded, and it will likely break the previous price mark for this number. A museum-quality piece that deserves a place in the very finest of collections. <BR><I>From The Dr. Edward & Joanne Dauer 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>)
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