LOT Old Heritage Auctions  /  2008 APR Rosemont (CSNS) Currency #3500  / 

15322

Fr. 822a $20 1915 Federal Reserve Bank Note PMG

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:60,000.00 USD Estimated At:100,000.00 - 150,000.00 USD
Fr. 822a $20 1915 Federal Reserve Bank Note PMG
<B>Fr. 822a $20 1915 Federal Reserve Bank Note PMG Extremely Fine 40.</B></I> This is the second time that we've handled this unique note. We sold it to Tom in our January 2002 sale where we described it as: "This absolutely unique piece was originally part of the William A. Philpott Collection and after that was owned for many years by our late friend, West Virginian Jim Thompson. The note is beautifully bright, very well margined, and quite handsome, although its physical appearance is not really as significant as the fact that not so much as a hint of the existence of a second example has ever been heard. This piece is unique both in and out of Government hands. It has been auctioned only once before, 11 years ago when Stack's sold the Thompson Collection. Very few items in mainstream U.S. numismatics can lay unchallenged claim to the term "unique" as this pretty note can do. The Federal Reserve Bank Note Series has become extremely popular since this piece last reached the market, and a number of serious and knowledgeable collectors have been attempting to put together complete sets. Until tonight that quest has been impossible as this note was tightly held in a private collection since the Thompson notes were dispersed. After this evening one individual will be able to complete a series that was previously an unobtainable goal." Tom's purchase of this note at that sale allowed him to complete the set that is being offered this evening. At that time when extreme rarities had yet to come into their own, the note realized $43,700. Tonight, we would be quite surprised if that number were not at least tripled, a prediction which may be conservative in the extreme.<BR><I>From The Thomas M. Flynn 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>)
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