18741

Fr. 212d $50 1865 Interest Bearing Note Very Fine-Extremely 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. 212d $50 1865 Interest Bearing Note Very Fine-Extremely 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. 212d $50 1865 Interest Bearing Note Very Fine-Extremely Fine.</B></I> Authorized by the act of March 3, 1865 and issued on July 15, 1865. Nine notes are recorded in the census, two of which are in government hands and two of which are counterfeit and don't belong in the listing, leaving only five notes available to collectors. This piece is tied for the finest among them. Only one example of the five available to collectors has its coupons and that note changed hands at the Memphis 2000 auction for $181,500. This note is fully its equal for both grade and appearance, although only a tiny fragment of the final coupon remains. When we last sold this note in May of 1997, it realized $38,500. Since that time, we sold a lower-grade piece, also without coupons, in January of 2000 for $41,250. This note has vibrant colors, with the only restoration being a virtually undetectable strengthening at one place in the bronze surcharge. With its extreme rarity, high grade and great eye appeal, we would not be at all surprised to see this note run considerably past our estimate on this more sophisticated market for important pieces. (50,000-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>