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

14918

Fr. 2108-I $50 1950A Federal Reserve Note. PCGS

Currency:USD Category:Coins & Paper Money Start Price:5,000.00 USD Estimated At:10,000.00 - 20,000.00 USD
Fr. 2108-I $50 1950A Federal Reserve Note. PCGS
<B>Fr. 2108-I $50 1950A Federal Reserve Note Specimen. PCGS Gem New 66PPQ.</B></I><BR> It is not often enough that notes surface from old time collections that capture the attention of currency enthusiasts. This piece is just such a note. Official records indicate 384,000 Minneapolis $50's were printed for Series 1950. In January of 1953 when Priest and Humphrey assumed the roles of Treasurer and Secretary of the Treasury, there was a call for new signatures and Series 1950A began production. Notes were printed between 1953 and 1957 for all the Federal Reserve Districts except for Minneapolis and would not resume for this district until Series 1950C between January 1961 and April 1962. However, Series 1950A specimens were produced for all twelve districts including Minneapolis. This piece represents the only known opportunity to possess a Minneapolis note from this Series and is a prize for any collector specializing in this northern district's issues. A ladder serial number I23456789A graces the note and the word Specimen is printed vertically in red on the front and back. The originality is most pleasing and the margins are ample.<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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