15300

Fr. 168 $100 1869 Legal Tender PMG Extremely

Currency:USD Category:Coins & Paper Money Start Price:50,000.00 USD Estimated At:100,000.00 - 174,000.00 USD
Fr. 168 $100 1869 Legal Tender PMG Extremely
<B>Fr. 168 $100 1869 Legal Tender PMG Extremely Fine 40 EPQ.</B></I> Only 26 examples are known of this Rainbow Hundred. Five examples are listed as grading higher than this piece by Track & Price, but only one of them has been third-party graded. The price record for the number is held by that one example - a PCGS 66 which realized over $212,000 in October 2005. PMG has graded only two Fr. 168s - this 40EPQ and a Fine 15. The Dauers have illustrated this type on page 118 of their book, using another note just four digits removed from this piece. This Rainbow Hundred is considered to be the highest collectible denomination of the Rainbow series, as both the $500 and $1000 are prohibitively rare - each is represented by only a single example in collector's hands. This Rainbow Hundred has wonderful color, broad margins, and ideal paper quality as attested to by the PMG EPQ designation. While a few higher-grade pieces certainly exist, this piece is right up there with the best of them when it comes to eye appeal. The previous record for an XF is $57,750 set way back in our January 2000 sale. We would certainly expect this beauty to sail far past that seven year old price. <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>)