18733

Fr. 185d $500 1878 Legal Tender Choice Fine.

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
Fr. 185d $500 1878 Legal Tender Choice Fine.
<TABLE cellSpacing=0 cellPadding=0 width="100%" bgColor=#000000 border=0><TBODY> <TR><TD width="100%"><TABLE cellSpacing=1 cellPadding=3 width="100%" border=0><TBODY><TR><TD width="100%" bgColor=#79735c><FONT face=arial color=#ffffff size=3><B>Description</B> </FONT></TD></TR><TR><TD width="100%" bgColor=#ffffff><FONT face=arial size=2><B>Fr. 185d $500 1878 Legal Tender Choice Fine.</B></I> This is one of only six examples known to exist, two of which are in government hands, one in the Smithsonian and a second in the Federal Reserve Bank of New York. Of the four in collectors' hands, three have been on the market in the last few years. An Extra Fine brought $143,000 in the June 2000 Memphis sale, and a Very Fine was on a fixed-price list in 1998 at $85,000. This note was on the market in May of 1997, when we sold it for $37,400. This is one of the most elusive design types. About 40 examples are known, and they span fourteen Friedberg numbers. Of those 40-odd pieces, fully two thirds are permanently impounded in government hands. (60,000-up ) </FONT></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE><BR><TABLE cellSpacing=0 cellPadding=0 width="100%" bgColor=#000000 border=0><TBODY><TR> Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.</TR></TBODY></TABLE>