18588

Gloucester, MA - $50 1902 Red Seal Fr. 664 The

Currency:USD Category:Coins & Paper Money Start Price:110.00 USD Estimated At:1.00 - 1,000,000.00 USD
Gloucester, MA - $50 1902 Red Seal Fr. 664 The
Gloucester, MA - $50 1902 Red Seal Fr. 664 The Cape Ann NB Ch. # (N)899This example is likely the rarest Massachusetts note we have ever had the privilege to sell, as it is the only $50 Red Seal known from the entire state. That it comes from Gloucester, one of the most avidly collected communities in the country, is but a fortunate happenstance. The note grades a nice Very Fine, with its only detriment the side margins, which are a bit closely trimmed. Trophy items like this are becoming virtually impossible to estimate as collectors realize that they might never have another chance to obtain them, as appearances might be measured in decades rather than years, but our best guess here for this truly one of a kind item is... <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