17451

Fr. 2162-B* $100 1950-E Federal Reserve Note.

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:3.00 USD Estimated At:1.00 - 1,000,000.00 USD
Fr. 2162-B* $100 1950-E Federal Reserve Note.
Fr. 2162-B* $100 1950-E Federal Reserve Note. Very Choice Crisp Uncirculated.This is a genuine small size rarity no matter how you slice it. This issue is a scarce short printed issue with star notes from this highest denomination being very elusive in any grade but extremely rare as you approach the zenith of the grading scale. The margins on this New York star are very broad with just a hair more needed at the top for the full gem grade. The paper surfaces are divine as they have retained their original crispness and the ink colors are bold and bright. As a true indication of the scarce nature of this condition the highest grade example sold by CAA in the past three years was a mere CU example (the only CU example) which realized $2,645 two years ago. The market has advanced rapidly for small size rarities since that time and with an Oakes value listed at $4,000 in CU that should merely be considered the starting point for anyone in quest of a triumphant bid. <BR><BR><B>Important notice:</B> 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. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. 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. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com