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

14173

New Bloomfield, PA - $5 1882 Value Back Fr. 574

Currency:USD Category:Coins & Paper Money Start Price:3,625.00 USD Estimated At:4,500.00 - 6,500.00 USD
New Bloomfield, PA - $5 1882 Value Back Fr. 574
<B>New Bloomfield, PA</B></I> - $5 1882 Value Back Fr. 574 <B>The First NB</B></I> Ch. # (E)5133<BR> A truly lovely example of this very scarce type which is ensconced in a PCGS <B>Gem New 66PPQ</B></I> holder. We do not know how many Gem New 66PPQ $5 Value Backs PCGS has certified to date, but, based on our forty years of experience, would place a serious wager on "very few." (PMG has not graded even one example of this type higher than Very Choice 64.) The geniuses who value items for the Green Sheet price $5 Value Backs in Superb Gem 67 (!) at $3450, a price at which your cataloguer stands ready to buy any and all which holders of these items are foolish enough to offer us at this figure. (The Sheet also values $10 Value Backs in the same grade, a type which is 50% more common than $5 Value Backs in all grades and at least five times as common in CU, at $5500, an utterly inexplicable difference made for reasons known only to the anonymous price gurus whose collective ignorance is put on display monthly for all to enjoy.) If real rarity and desirability are the factors they will likely be for this item, throw away the Green Sheet and expect a realization in the range of...<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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