Goldberg Coins and Collectibles

Sale 126

February 14-15 Coin Auction

Federal Reserve Notes - Small

Lot	Photo	Description	Realized
Lot 19		Gem New $1 2003A s/n B11111111 I. Fr. 1930-B $1 FRN under-graded in our opinion as a 66PPQ Gem New banknote. The front centering is as perfect as you can ask for, and the back while note perfect is far above average. Regardless of PCGS's opinion at the time, this is a "killer" note. Estimated Value $1,600 - 3,000 This $1 2003A Federal Reserve Note Boasts a serial number that looks like it contains nine number one digits in the serial number. This is due to the I suffix letter following the serial number: B1111111I. What a terrific way to start this complete set of $1 FRNs with all serial numbers 11111111, 22222222, 33333333, 44444444, 55555555, 66666666, 77777777, 88888888, and 99999999. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $2,400
Lot 20		Solid 2s on the # 2 District. This beauty like all of the $1 FRNs in this section, came from the impressive James W. "Billy" Key collection auctioned in two parts eight years ago by Lyn Knight at the CPMX and Memphis shows. Billy amassed over 220 solid serial numbers, a feat no other collector accomplished. Many of his notes are featured in today's auction. Billy was a former bank President in Georgia and tremendous golfer, having lost the Western Open Amateur Championship in his younger days to Jack Nicholas in the final round. Estimated Value $1,500 - 2,500 This is an opportunity to buy a Fr. 1926-B $1 2001 solid serial #B22222222F, solid #2's on the #2 district in Gem condition. As they say….you gotta buy this note. It has been graded PCGS 66PPQ Gem New and is just an outstanding piece of paper money. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $2,340
Lot 21		PCGS 66PPQ $1 1995 solid #33333333. Another Gem CU example from the Billy Key collection. Billy passed away about a year ago and was quite a fine individual. His collection is sprinkled throughout today's auction in several places. This wonderful note boasts excellent centering and terrific, deep embossing of the seal and serial numbers. The front is a 67 in our opinion but the back evidently turned it into a 66. A truly under-graded banknote. Estimated Value $1,500 - 2,500 This set of $1 FRN solid serial numbered notes finds eight of the nine notes in 66 or better holders. Quite an accomplishment for any set of fancy serial numbers. Trying to assemble a set like this, contained in this section of the catalog would likely take you a decade or more to construct. We strongly suggest you consider buying all nine notes. This $1 1995 FRN Fr. 1921-E, s/n E33333333L, graded PCGS 66PQ is a note that belongs in the finest collections. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $2,160
Lot 22		$1 FRN E44444444A graded PCGS 67PPQ. Locating any solid serial number in 67 from any series in any denomination is a daunting task. This beauty has claims to a 68 grade in our opinion. Margins are near perfection, green ink is deep and bold and the paper is as perfect as can be. Truly a Superb Gem specimen. Fr. 1909-E $1 FRN E44444444A graded PCGS 67PPQ. Estimated Value $1,500 - 2,500 Billy Key pursued and bought over 350 serial numbers such as Solids, Full Ladders, and Serial #00000001s in a period of ten years. During that time the John Whitney Walter collection came up for sale and Billy was a key buyer of his notes. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $2,160
Lot 23		$1 1995 PCGS 66PPQ #B55555555X. An outstanding note for your consideration. The BEP has rarely printed the X suffix over the years and collector gravitate towards this when it is available. This Fr. 1921-B $1 1995 FRN serial #B55555555X has been graded Gem New PCGS 66PQ. It is absolutely stunning. Estimated Value $1,500 - 2,500 An interesting comment about grading vs. value of Solid Serial Numbered notes. The premium in value for a 65, 66, 67 and 68 (vs. a 63 or 64) is no where as high as one generally finds in the world of numismatics. For example, let's say a $1 FRN serial #44444444 in 64PPQ might bring $1500 at auction, a 65PPQ might only bring $100 to $200 more, a 66PPQ might bring only $300 to $400 more and a 67PPQ might realize only $400 to $500 more than a 64. In the world of coins, we'd be looking at the 67 bringing MULTIPLES of what a 64 would bring at auction. So if you can win these high grade banknotes at a relatively small increase over their lower graded cousins, you are in our opinion, securing relative bargains. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $2,220
Lot 24		$1 1999 PCGS 67PPQ #L66666666J. What an outstanding banknote! Even margins, front and back, superb embossing, bright colors and fresh inking. You simply couldn't ask for a better solid serial numbered note. This Fr. 1925-L $1 1999 FRN s/n L66666666J has been graded Superb Gem New by PCGS 67 PPQ. Pieces this nice just don't come around often. Estimated Value $1,600 - 2,800 If you can buy this note at the low estimate of $1600, it is in our opinion a terrific value. Expanding onto the comments of the previous lot, for some strange reason we see in past currency auctions that bidders don't often assign a significant increase in value of fancy serial numbered notes in 66 vs. 67 holders. We think they are wrong, and that there will be a reward down the road for collectors who cherry pick out the best specimens available. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $2,400
Lot 25		All sevens on the seventh district!!! This note should bring a run away price vs. any other solid serial number 77777777 you will ever find. This Fr. 1933-G $1 2006 FRN serial #G77777777A is special is several ways. The grade of 68PPQ Superb Gem CU puts it in the very top tier of all existing solids, the serial number G77777777A is printed on the G or #7 district, there are four additional 7's on the front of the note indicating it's district numbers, making this the best of the best you can buy. Estimated Value $2,500 - 4,000 While this note might realize a price in the range of $2500 to $3500, I think it would be grossly under valued at that level. Quite a few notes exist with serial number 77777777, but I can recall only five of them in all denominations with serial #G77777777A from 1928 to the present series. Bid whatever price you need to, to win this amazing piece of currency. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $6,900
Lot 26		Solid Serial #L88888888B Gem. This Fr. 1929-L $1 2003 FRN L88888888B has been graded PCGS 66PPQ Gem New, and comes from the James W. "Billy" Key collection. The number 8 in several Oriental countries stands for good fortune, good health or great wealth. Multiple 8's is sought out by dozens of collectors here and abroad, and this note will bring out the competition. Estimated Value $2,800 - 5,000 At the peak of Billy Key's search for fancy serial numbered notes, he was in competition with Mel Wilmore and several other collectors who sought out the same items. Due to Billy's aggressive nature, he drove auction results to near $6,000 for high grade serial #88888888s at his peak. After he sold his collection, the price for these dropped all the way down to $2,500, but they have rebounded and we're seeing these solid 8's bring $4,000 to $5000 or more in the highest grades during 2021. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $6,000
Lot 27		Coveted Serial #A99999999A. This wonderous note is a Fr. 1907-A $1 1969D Serial #A99999999A graded PCGS 64 PPQ. Like the previous eight lot, all of these once resided in the James W. "Billy" Key collection. This note was Billy's pride and joy. The highly desirable A-A block letters make this as attractive as any of the other known examples. Estimated Value $15,000 - 25,000 Over 100 Billion $1 FRNs have been printed since the 1963 series was introduced.(Over 12 Billion $1 FRNs were printed for the 1985 series alone.) Yet only 14 (issued for general circulation) serial #99999999 have ever been sold at auction. They are: 1963: B99999999B, C99999999A, 1963A: A99999999A, D99999999C, E99999999A, L99999999E, 1969: A99999999A, 1969A: A99999999A, 1969B: D99999999A, L99999999A, 1969C: D99999999A, 1969D: A99999999A this note, 1974: D99999999B, and E99999999A. Two other modern era (2013) serial #99999999s were taken from uncut souvenir sheets issued by the BEP. Constructing a complete set of $1 FRNs is considerably more difficult than accomplishing the same task with 1935-1957 Silver Certificates. The reason for that is locating the serial #99999999 is near impossible. Those collectors who have one, just do not want to sell them. With perhaps 10,000 to 15,000 paper money collectors and 14 known $1 FRN serial #99999999s, there are never enough to go around. Our bid range estimate may prove very conservative. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $40,200
Lot 28		Tied for finest known $2 2013 s/n 11111111. A total of only 14 $2 1976 to 2013 Solid Serial Numbers have surfaced that were printed for general circulation and this dandy is the finest known. This 1940-F $2 2013 FRN Serial #F11111111A has been graded PCGS 67PPQ Superb Gem New. It doesn't get any better than this. While it is impossible to assemble a complete set of $2 FRN solid serial #s 11111111 - 99999999, owning the finest known single example would give you bragging rights. Estimated Value $3,500 - 7,000 At past auctions we've seen $2 FRN solid serial numbers bring anywhere between $2,500 twenty years ago to $17,300 in 2012. Only you bidders can determine the final price for this finest known example. To attract multiple bidders we are starting the opening bid at an extremely low level. We wouldn't be surprised if the hammer fell at price far in excess of our high estimate. We note that in September 2021 the D22222222A graded PMG 63EPQ is being offered on the internet by a well known dealer at $16,800. Our bid range should be ultra conservative. Ex. James W. "Billy" Key Collection sold in two auctions 3-2012 and 6-2012. View details and enlarged photos	Realized $8,700
Lot 29		Serial #H88888888C on the #8 district. About a decade ago the BEP got the idea that they should issue a series of $2 FRNs whose serial number started with 8888XXXX. These notes are known as "Lucky Money" and the BEP has sold out of these 2003A notes. Little did they know that overseas dealers would order thousands and thousands of these notes in hopes of finding one with serial #88888888. Sure enough, several have found their way back to the U.S. and today you have a chance to own one of them. Estimated Value $6,000 - 12,000 This Fr. 1938-H $2 2003A FRN Serial Number H88888888C has been graded PCGS 64PPQ, Very Choice New. It's a solid #88888888 on the #8 district. When the few other examples of these $2 FRN #88888888s have surfaced, prices paid have varied wildly from $8000 to $16,000. Only you can determine it's value, but we can tell you that you won't find a single one in dealer inventories or any for sale on eBay. BEP issued Lucky Money Series from 2003A. View details and enlarged photos	Realized $11,400
Lot 30		$5 1981 A11111111B Gem New. Fr, 1976-A $5 1981 A11111111B PCGS 65PQ. Here's a note that should bring a major realization today for several reasons: It's a solid serial #11111111 printed on the #1 district. It's a small head $5 FRN which have 99.99% been eliminated from general circulation. It's sitting in a PCGS 65PPQ holder. This Fr. 1976-A is a note that any special serial number collector would drool over. You just won't find notes like this (with these attributes) offered at auction for another decade or more. The collector in me has my heart pounding when I look at this note. Estimated Value $2,000 - 4,000 The $5, $10, and $20 Federal Reserve Note re-designed "Big Heads" began back with 1996 $20 notes….changing them over to the non colorized Big Head designs. The $5 re-design came in with the 1999 series. This note's old small head design and the nine that follow will never be printed again. As a person that has chased fancy serial numbers for 55 years, I can tell you that locating any $5 small head FRN with solid serial #A11111111 is like winning the lottery. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $3,840
Lot 31		Gem New $5 1963A s/n D22222222A. This 55 year old note is as fresh as the day it was printed. It boasts boardwalk margins, deep embossing and terrific inks. Why it isn't in a higher grade holder is puzzling. This Fr. 1968-D $5 1963A FRN D22222222A is graded PCGS 65PPQ Gem New. It is the second note in a ten note small head set that cannot be re-constructed again. Estimated Value $1,500 - 2,800 The main reason why this design (and that of the $10 - $100 denominations) were re-designed starting in the mid 1990s was increased skills in the counterfeit trade. Multiple clandestine foreign printers had, over the years, increased their skill level in reproducing counterfeit U.S. paper money, so congress authorized the BEP to start producing what is known as the "Big Head" designs for $5 - $100 banknotes, initiating with the $20 1996 series, followed by the $50 and $100 1996 series and then the $5 and $10 1999 series. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $3,480
Lot 32		Gem New $5 1995 with s/n F33333333D. A superbly centered, front and back, Fr. 1984-F $5 FRN F33333333D graded PCGS 66PPQ Gem New. In our opinion this note screams 67 for a grade, but in reality you're buying the serial number and not the technical grade in the Zeitmann Brothers collection. This beauty has everything going for it, with no discernable drawbacks. Estimated Value $1,500 - 2,800 The BEP produces on average, approximately three times the number of $1, $20, and $100 notes each year, than they do the $5 denominations. One would think that this would increase the prices realized for $5 FRNs vs. these other denominations, but bidders generally haven't considered that fact in past auctions. Wise collectors will keep this fact in mind when pursuing both the $5 and $10 notes in this auction. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $2,220
Lot 33		Solid s/n 44444444 on the #4 district. A Fr. 1978-D $5 1985 FRN s/n D44444444B graded PCGS 64PPQ from the James W. "Billy" Key collection. Billy amassed over a decade, the largest collection of solid serial numbered banknotes that anyone has ever assembled and this was one of his favorites. He always rightly relished any solid serial number that matched it's district number: Like A11111111B on the $1 note in this section and this wonderful note boasting solid #4's on the #4 district. Estimated Value $1,600 - 2,600 As motioned in the preface of this section of the catalog, the ONLY KNOWN complete set of $5 Federal Reserve Notes bearing serial numbers 11111111 through 99999999 is being offered today. We would re-iterate that this statement is correct going back to the first series printed in 1928 to the last series printed in 1995. If you don't buy this set, another $5 FRN solid serial number set cannot be re-constructed. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $1,920
Lot 34		Solid s/n 55555555 on a $5 bill. A $5 1977A FRN Fr. 1975-F Serial #F55555555B graded PCGS 58PPQ Choice About New. This beauty has superior margins, front and back, bright green inks and boasts the appearance of 65 or better. Solid ones on a one, solid twos on a two and solid fives on a five always bring out the competition, and this wonderful piece won't disappoint. Estimated Value $1,700 - 2,800 Every time a $5 note with solid serial number 55555555 comes up for sale, multiple bidders jump in. Solid 5's on a five is always in demand and prices are always strong for this combination. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $1,800
Lot 35		Gem Solid Serial #D66666666A. Three notes in the Five Dollar Solid Serial Numbered Set have been graded PCGS 66PPQ Gem New and this is one of them. This Fr. 1970D $5 1969D FRN #D66666666A has been awarded the PCGS 66PPQ designation. Nice even borders, deep green ink, punch through embossing on the serial number and seals, all makes for a gorgeous banknote. Estimated Value $1,500 - 2,800 When was the last time you received a small head $5 bill in change? I suspect you can't remember. The wise collector will realize this design will never come along again and will scoop up this beauty along with it's mate in this section of the catalog. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $2,640
Lot 36		Gem $5 FRN with solid #77777777 s/n. We are aware of a half dozen collectors who are pursing any banknote with solid serial #77777777 and this one should bring them to the table. This is a $5 1995 Fr. 1983-H FRN s/n H77777777A is graded PCGS 66PPQ Gem New. Perhaps the allure of the slot machine bearing multiple 777s for winners is the key to it's attractiveness, but we know this beauty will produce significant competition to land this wonderful note. Estimated Value $1,800 - 3,500 If you pass on this rarity we would suggest that you'll be waiting multiple years to buy a similar piece. If you called every paper money dealer you are aware of and asked each of them if they have a small head $5 FRN with serial number 77777777, you'll come up empty handed. This is the type of note that comes into inventory one day and leaves before the next day arrives. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $4,800
Lot 37		Desirable $5 FRN A88888888A. This is what we call a "killer" note. Collectors just love any solid serial numbered note from the A-A block as the matched block letters adds appeal to the serial number. This gorgeous early series $5 1969C Fr. 1972-A $5 FRN s/n A88888888A has been graded PCGS 65PPQ Gem New. If you're interested in solid serial numbers, you simply have to own the wonderous note. Estimated Value $3,000 - 6,000 If you're bidding in today's sale and you don't stretch to buy this tremendous piece, you're making a real mistake. At the height of the competition between Mel Wilmore and James W. "Billy" Key, this note would have realized $6,000 at auction. Let's see what happens today. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $6,900
Lot 38		F99999999A/F00000001B Rollover Set. Arguably amongst one of the three rarest lots in this sale. Through exhaustive research including the archives of Track and Price, Billy Baeder's census and Mike Abramson's 55 years of study, not a single $5 FRN from 1928 to 2017 has ever surfaced….other than this note in this lot! The $5 1962-F $5 1950A FRN s/n F99999999A is graded PCGS 65PPQ Gem New AND miraculously the included rollover serial #F00000001B graded PCGS 62PPQ is included!! Estimated Value $25,000 - 50,000 Beyond rare is a term used too often, but in the case of this pair of notes it truly is justified. Tens of billions of small head $5 FRNs were printed between the 1928 and 1995 series and yet only one serial #9999999 is known to have survived. Adding to it's allure is the first note of the following block. It just doesn't get better than this in the world of paper money. Remember you are bidding on TWO banknotes in this lot. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $60,000
Lot 39		Near Gem $10 #11111111. This and the next eight lots will enable the bidder to construct a complete set of $10 Small Head FRNs with solid serial numbers 11111111 through 99999999. The first of these notes, contained in this lot is a $10 FRN from 1981, a Fr. 2025-B #B11111111E graded PMG 64EPQ Choice Uncirculated. Like the next eight notes in this section of the sale, all notes have received the desirable EPQ designation. EPQ means Exceptional Paper Quality and indicates the note is fully original with above average embossing. Estimated Value $1,800 - 2,800 Robert Azpiazu, Jr. long time collector, small size banknote expert/author, and owner of First City Currency, constructed this set throughout the 1970s into the early 1990s and sold it to Mike Abramson in the late 1990s. There are three known complete sets of $10 FRNs with serial numbers 11111111 - 99999999 with a fourth possible. The limiting factor of constructing the complete set is evidence of only five known serial #99999999 $10 FRNs, that were issued for general circulation. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $1,920
Lot 40		Choice Unc $10 FRN s/n D22222222A. This small head $10 1981 FRN Fr. 2025-D s/n D22222222A, PMG 64EPQ Choice Unc. is a real beauty and has no discernable flaws. While it likely belongs in a 65 holder, it's really a moot point, as this design featuring solid serial numbers simply aren't in any dealer inventories. If you don't pursue this note, you won't find a replacement for it any time soon. Estimated Value $1,600 - 2,600 On average the Bureau of Engraving and Printing produces six $1 FRNs for every $10 FRN printed. Simple math would suggest that solid serial numbered sawbucks should sell for six time the prices realized for $1 notes with identical serial numbers. This simply hasn't been the case over the years. If you can construct a complete set of solid serial numbered tens and pay a similar price to what you'd pay for ones, you're getting a real bargain. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $1,740
Lot 41		Gem $10 1977 H33333333A. The first thing grading services study on a banknote to determine the final grade is the face centering. All nine notes in this section of the auction share similar centering and all are fully original with the EPQ designations. All happen to be nicely matched in paper color as well. This Fr. 2023-H $10 1977 FRN s/n H33333333A has been graded PMG 65 Gem Uncirculated. Estimated Value $1,600 - 2,600 If you think about it you probably haven't seen a small head $10 FRN in change for many years. The possibility of reconstructing a set of solid serial numbers from the 1934 to 1995 era is incredibly low. We've said it before and we'll repeat it again: When one wants to buy notes like these, supply (not price) is the huge issue. Small head $5, $10, and $20 FRns with solid serial numbers just aren't in dealer inventories anymore. We are of the opinion that the low bid estimate on these $10 notes is surely compelling from a price standpoint. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $2,280
Lot 42		Gem Fr. 2019-K s/n K44444444A. This wonderful note has all the attributes you could ask for a gem specimen. We note it is printed on the K district which often see very few notes printed. In fact this is the only solid serial number printed for the entire 1969A series K (Dallas) district. Fr. 2019-K $10 1969A FRN graded PMG 66EQ Gem Uncirculated. A rare piece indeed. Estimated Value $1,600 - 2,600 This auction is peppered with notes that are much rarer than most people would think upon first glance. The author of this section of the catalog has specialized in fancy serial numbered banknotes and is truly pushing you to "chase these notes", as prices have not moved dramatically over the past two decades, which should make the case that these sets have the potential to increase in value over long periods of time, due to their rarity. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $2,400
Lot 43		Near Gem $10 #55555555. A Fr. 2017-D $10 1963A FRN s/n D55555555A graded PMG 64 EPQ Choice Uncirculated. This note was printed nearly six decades ago and yet is as fresh as the day it came off the presses. Bob Azpiazu, Jr. had an eye for a quality and only put away completely original, nicely printed pieces for his set. This is a terrific example of his excellent taste. Estimated Value $1,600 - 2,600 While two other complete sets of solid serial numbered $10 small head FRNs exist, we don't know the grades of those notes, with one set still being raw. It's hard to image the other set being in such high grade holders as this set. All nine notes bearing the EPQ designation makes this a set worth pursuing at a strong price. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $2,040
Lot 44		Solid Serial #66666666 $10 FRN. A Fr. 2022-D $10 1977 FRN s/n D66666666A graded PMG 66 EPQ Gem Uncirculated. Locating small head solid serial numbered ten sawbucks is near impossible. Locating them in 66 or high holders is a fool's mission. This wonderous set boasts three of them. Don't take them for granted. If you don't buy these, you won't find replacement floating around anywhere else. Estimated Value $1,600 - 2,600 A small head $10 FRN with a solid serial number is something that will never be produced again. With the BEP changing designs for tens with the end of the 1995 series, you'll never see notes like this again. This is a drop-dead gorgeous example, that once sold will likely stay in that collection for at least a decade. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $3,000
Lot 45		$10 Small Head FRN s/n 77777777. Huge margins adorn this excellent small head $10 bill. The Fr. 2028-D $10 1988A FRN D77777777A is graded PMG 64EPQ Choice Uncirculated. With the demand for solid serial #77777777 intense, we wouldn't be surprised to see this note bring almost double the realization as the previous four lots. Estimated Value $1,900 - 2,900 Ten years ago we knew of no one who thought the serial number 77777777 was worth more than serial number 22222222, 33333333, 44444444 or 55555555. Ask any dealer who has had the good fortune to location any banknote with serial #77777777 in the past two years on it, and they'll all tell you the note sold within 24 hours. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $3,240
Lot 46		PMG 67EPQ 1974 $10 #88888888. This note's bid results should prove that serial #88888888 is just as desirable today as it has been for the past several decades. Fr. 2022-D $10 1974 FRN D88888888B graded PMG 67EPQ Superb Gem Uncirculated. This beauty features fresh inks, even centering, cavernous embossing, and bright, fresh paper. As they say.if you don't like this note.go find another! They simply aren't around. Estimated Value $3,000 - 6,000 With serial #88888888 being the ultimately desirable serial number in multiple far eastern countries, we expect multiple bidders seeking out this note. Combining this solid #88888888 with the PMG 67EPQ grade and we expect an exceptional final bid to take home this rarity. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions. View details and enlarged photos	Realized $7,200
Lot 47		$10 1934A B99999999B. This $10 1934B FRN serial #B99999999B Fr. 2006-B has been graded PMG 64EPQ. The acknowledged $10 FRNs with serial #99999999 are the 1934As: C99999999A, B99999999B this note, 1934B: B99999999D, 1934C: L99999999B, and 1934D: A99999999B. There was a small change in the face design from 1934 to the 1950 series shrinking the seal and district letters, but leaving the rest of the design untouched. It is interesting to note that all of the five examples known are from the old 1934 era design. We have witnessed prices realized for other $10 1934 era FRNs end up in the $9000 to $16,000 range. The uncirculated $10 1934C FRN L99999999B was last sold on 10-23-13 by Lyn Knight for $16,100. Estimated Value $18,000 - 25,000 The BEP close to two decades ago decided to issue on a one time basis, a small number of matched serial number, 12 district $10 FRns showing the transition in design between the 1995 and the 1999 series. They mounted each 12 district, 12 note matched s/n set in a hard bound green book, with serial numbers starting with 99997999 running up to and including 99999999. These notes were not meant for general circulation. These notes are often referred to as souvenir notes. On 8-18-2021 StacksBowers auctioned off the set of $10 1995 FRns with each of the 12 districts bearing serial #99999999 in it's bound green book. The set realized the ridiculously low price of $90,000. The note you are bidding today was meant for general circulation and not a souvenir book note. This is one of five known for general circulation. Ex. StacksBowers auction 03-2013. View details and enlarged photos	Realized $20,400
Lot 48		Near Gem $20 #11111111. This is the first note of a ten note set of small head $20 FRNs starting with #11111111, running through the #99999999/00000001 roll over pair. Like the $5 set featured earlier in this sale, this set contains the only known small size $20 serial number 99999999 known in this denomination. As a bonus the rollover #1 note is included as well. This Fr. 2081-D $20 1995 FRN D11111111B graded PCGS 64PPQ is as fresh as you ever desire. Estimated Value $1,900 - 2,900 This group of $20 FRNs in the set from #1111111 through #99999999 has two different provenances printed on their holders. The first eight have Billy Key's name on the holders while the last two feature John Whitney Walter on them. In reality Key owned the first nine notes, and Zeitmann acquired the serial #00000001 rollover note years later.as it and the 99999999 were split up after the Walter sale. It is wonderful to have all ten notes back together being offered here today. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $1,920
Lot 49		Solid s/n 22222222 on the #2 district. This older series $20 FRN Fr. 2065-B s/n B22222222A is a solid serial number 2 printed on the #2 district. Look at all the 2's on the face of this note, including the four district #2's. What a prize piece of currency this is! Estimated Value $1,700 - 2,700 The demand for any solid serial number matching the district number has always been strong. For example: a serial number such as C33333333B will bring a significant premium over serial number D33333333C. This beautiful piece bearing the district match B22222222A should produce strong bid results. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $1,920
Lot 50		Solid Serial #33333333. Gem New Fr. 2070-D 1993 $20 PCGS 65PPQ. Nicely centered with punch through embossing on this beautiful note is evident at the first glance. This beauty is a perfect match to the other $20 notes in the ONLY KNOWN complete set of $20 FRNs with s/n's 11111111 - 99999999. Estimated Value $1,600 - 2,600 A meek attempt at anti-counterfeiting was introduced with some bank notes starting with the $20 1990 series. The BEP installed a thin vertical strip to the left of Jackson's portrait with the number 20 imprinted throughout the thread. It was initially thought this might be enough to deter counterfeiters but printers in other countries quickly found a way to simulate this anti-counterfeiting device, leading to the development of the "Big Head" design introduced with the 1996 $20 FRNs. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $1,920
Lot 51		Gem New $20 G44444444F. Printer fresh banknote, Fr. 2076-G $20 1988A FRN s/n G44444444F, PCGS 65PPQ Gem New. The margins on small head $20 FRNs are a bit smaller than $1 FRNs, making it virtually impossible to have huge facial margins on any $20 FRNs. This one is far above average and the inks are very bold, earning it the Gem New grade. Estimated Value $1,600 - 2,600 The number 4 has been interpreted as "soldier's marching" with a bayonet. We know of a collector, that over a fifty year period of time, assembled the only known set of small head FRNs in every denomination $1, $2, $5, $10, $20, $50, and $100 all with the "soldier's marching" 44444444 serial number. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $1,920
Lot 52		Superb Gem s/n D55555555A. This scarce note was one of only five solid serial numbers printed on the D district for 1969. It features near perfect margins face and back, super dark inks and cavernous embossing. The $20 1969 FRN Fr. 2067-D s/n D55555555A has been graded PCGS 67PPQ Superb Gem New. It simply doesn't get any better than this. Estimated Value $1,700 - 2,800 We notice that during the 1960's era of Federal Reserve Notes, that the paper color was more similar to that used in the 1950s. With the changeover to the 1990's era FRNs, the Crane Company, the long term supplier of U.S. Currency paper, started using a paper with slightly more yellowish cast. This specific note screams originality and is as nice a specimen as we've seen. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $2,220
Lot 53		$20 Superb Gem Solid #66666666. Another Superb Gem CU note, formerly owned by both John Whitney Walter and James W. "Billy" Key. This wonderful FR. 2079-E $20 1993 FRN s/n E66666666G graded PCGS 67PPQ Superb Gem New. This note boast amongst the ideal face margins we've ever seen. It's difficult to imagine a better specimen exists from this era. Estimated Value $1,700 - 2,800 As noted in the previous lot's description, a slight color change of the paper on this note is evident upon close examination. We suspect that with the introduction of the anti-counterfeiting strip buried inside the paper, the Crane Company had to re-formulate how the paper was made, causing the slight color shift of the paper they would supply to the Bureau of Engraving and Printing. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $2,280
Lot 54		$20 Small Head Gem #77777777. Why this amazing note isn't in a 67 holder is beyond me. But….as they say….go find a better one. The Fr. 2076-F $20 1988A FRN F77777777B PCGS 66PPQ Gem New from the Walter and Key collections is about as perfect as any we've ever seen. Estimated Value $3,000 - 4,500 We've heard this time and again from other paper money dealers: "I missed winning a small head $20 solid serial number at auction last year, and would be willing to buy the note I was the underbidder on back from the winner." Please consider that when bidding on this note, because solid #77777777s are all but impossible to locate, regardless of what you're willing to pay. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $3,840
Lot 55		$20 Choice About New #D88888888A. You'll stare at this note for a long time trying to find a reason why it isn't in a 63 or higher holder. It is a perfect design and color match to the other notes in this $20 solid serial numbered group. This Fr. 2072-D $20 1977 FRN s/n D88888888A has been graded PCGS 58 Choice About New. Estimated Value $3,000 - 4,500 We note that another small head Gem CU $20 FRN B88888888I sold for $4800 via Heritage in January 22, 2021. That note is remarkably similar to the note you are bidding today. That small head $20 FRN #88888888 was the first of it's kind that we saw in the past five years at auction. Don't hesitate bidding on this great note, as the opportunity to acquire another small head $20 solid 8's won't come around soon. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $3,600
Lot 56		$20 FRN D99999999B & D00000001C. From 1928 to 2017 there is ONLY ONE KNOWN solid serial number 99999999 note and this is it. To sweeten the appeal even more, this ultra rarity is accompanied by the serial #1 note from the following block printed. YOU ARE BIDDING ON TWO NOTES: Both Fr. 2071-Ds 1974 $20 FRNs.D99999999B PCSG 64PPQ Very Choice New and D00000001C PCGS 63PPQ. An extensive review as been done to assure no other $20 FRNs with serial #99999999 has ever surfaced and we're confident that is the case today. Estimated Value $25,000 - 50,000 When the Zeitmann Brothers acquired this set of $20 solid serial numbered notes, it did not contain the rollover note. The set had the #11111111 - #99999999. Bernard and Noah saw the D00000001C at an auction and snagged it with the high bid, bring this amazing pair back together. The Zeitmann collection contains both a $5 FRN rollover pair and this $20 FRN rollover paid. Two irreplaceable banknotes in this lot. Ex. John Whitney Walter 10-2004 Lyn Knight Auctions and ex. James W. Billy Key 03-2014 Lyn Knight Auctions. View details and enlarged photos	Realized $63,000
Lot 57		Gem $50 FRN s/n 11111111. Regardless of whether you've set your sights on trying to complete a set of $50 FRN solid serial numbers, this is one extra special banknote. There are a number of collectors working on completing a set of $1 through $100 banknotes, all with serial #11111111. This task is doable, but the stopper is always the $50 note. Here you have a chance to acquire a Fr. 2129-J $50 2004A FRN GJ11111111A graded PCGS 65PPQ Gem New. Buy it today or wait for years before another $50 solid 1's shows up. Estimated Value $4,000 - 8,000 If you're wondering why the Zeitmann collection doesn't contain partial or compete sets of Small Head $50 and Small Head $100 FRNs, the answer is simple: None exist. According to Track and Price software and the Baeder census we only find these Small Head $50 solid serial numbers: 1990 D55555555A and G77777777A and 1993 G44444444A. Keeping in mind that the last series $50 small head was 1993, the likelihood of another small head $50 solid s/n turning up is slim. With the vast majority of high denomination paper being shipped overseas, locating any $50 solid serial number even in the re-designed multi-color notes is ultra low. View details and enlarged photos	Realized $6,300
Lot 58		68PPQ $50 2013 MI22222222A. This is the first $50 solid serial number to grade 68Q by either service. A Fr. 2132-I $50 2013 FRN s/n MI22222222A, PCGS 68PPQ Superb Gem New. Buy it today or regret it tomorrow. Estimated Value $4,000 - 8,000 If you study the serial numbers of the few $50 solid serial numbers that have ever appeared you quickly notice that all of them bear the A suffix letter. That hints to the observer that only the A suffix letter was ever used. That was true until the 1981 series when the BEP did start to print a few B letter suffix $50 notes. This denomination has been printed in quantities similar to $2 bills, meaning that only a tiny fraction of $50s exist vs. $1 and $100 banknotes. View details and enlarged photos	Realized $6,900
Lot 59		Superb $50 #44444444. Here is an impressive banknote for multiple reasons. This Fr. 2126-B $50 1996 FRN AB44444444D is one of less than a dozen known large head $50 FRN solid serial numbered notes. It has been graded PMG 67EPQ Superb Gem Uncirculated. It enjoys jumbo margins, front and back, bright vibrant inks and full embossing. Better yet, it's nine mates, the AB44444440D - AB44444449D are offered in another lot coming up shortly in today's auction. Estimated Value $2,500 - 4,000 Two dollar notes and Fifty dollar notes have historically been printed in very small quantities, making them multiple times rarer than their $1, $5, $10, $20 and $100 brethren. If you desire a complete run of ten notes including the solid serial number, 44444440 to 44444449 start with buying this lot. You won't regret it. View details and enlarged photos	Realized $5,040
Lot 60		Gem $50 s/n 55555555. Fr. 2126-B $50 1996 AB55555555E PCGS 65PPQ Gem New. This is the first time the BEP ever printed the E suffix letter on a $50 FRN. The B district representing New York also saw the AB44444444E sold at auction in the early 2000s. Because of the relatively small quantities of $50 notes produced each year, auction records show that fifties bring on average over double what one pays to win a one dollar bill with the same serial number. Estimated Value $2,500 - 4,000 The previous lot, the following note and this specific note are all from the initial change over in 1996 from small head to big head paper money. You'll notice that the first two notes in this $50 section are the new colorized design. The main reason for re-designing the big head notes, was as an anti-counterfeiting measure. Surprisingly after only months of the 1996s circulating, printers in foreign countries came out with high quality fake $50s and $100s necessitating the re-design to the current multi-color designs you see circulating today. The wonderful thing about all of the Zeitmann Brothers notes is that they are slabbed by PMG or PCGS verifying they are indeed genuine US Paper Money. View details and enlarged photos	Realized $8,100
Lot 61		Solid #66666666 Gem $50. Wonderful margins, super bold inks and pack fresh appearance grace this wonderful solid serial numbered note. Fr. 2126-D $50 1996 FRN AD66666666A PCGS 66PQ Gem New. The Zeitmann collection contains five of the possible eight solid serial numbered notes and if purchased, would set you well on your way of completing a set of #11111111 to #88888888 $50 FRNs. Estimated Value $2,500 - 4,000 You'll have to look at this note for quite awhile to understand why PCGS did not give this a 67PPQ. Again….the main appeal of this note is the serial number and not the grade, but it certainly is a banknote with all of the attributes of a superb specimen. It is delight of a piece with a spectacular serial number. View details and enlarged photos	Realized $9,600
Lot 62		$100 Solid #11111111. This lot starts the complete set of $100 FRNs running from #11111111 - #98899889. (The BEP has never printed serial #99999999 on neither a $50 or $100 banknote.) Fr. 2182-B $100 2006A FRN s/n KB11111111K graded PMG 67EPQ Superb Gem Uncirculated. This run of $100 notes contains four solids in 66 and four in 67. Impressive to say the least. Estimated Value $2,500 - 4,000 About a decade ago two German bank employees were contacing U.S. Paper Money dealers offering these amazing $100 big head solid serial numbers. An astute dealer in the southern tier states bought up about twenty five of them, and was able to construct a complete set all from series 2006A. These two "bankers" are long gone from supplying solid serial numbered notes and we doubt anyone will ever surface again with their abilities, as most all banks no longer allow their employees to buy such notes for their own use. Over the years I have dealt with multiple US bank and/or armored car company employees, that all now have no further access to fancy serial numbered currency Their employers have long ago tightened controls on these employee positions. From the German Bank employees. View details and enlarged photos	Realized $6,600
Lot 63		$100 2006A KD22222222B Gem. Fr. 2182-D $100 2006A FRN KD22222222B PMG 66EPQ Gem Uncirculated. Some collectors viewing this auction catalog may come in with the pre-conceived notion that complete sets of solid serial numbered banknotes aren't that unusual, and that the opportunity to construct such sets will come along again. Speaking from 55 years of experience, I would advise that is incorrect. Estimated Value $2,000 - 3,500 We strongly believe the bid price ranges we are using throughout this sale, are ultra conservative. The reason for low estimates is simple: We want competition for these wonderful notes and truly desire to give multiple collectors the opportunity to acquire these rare pieces at very reasonable price levels. From the German Bank employees. View details and enlarged photos	Realized $5,040
Lot 64		Superb 2006A $100 #33333333. Another Fr. 2182-F 2006A $100 FRN #KF33333333D PMG 67EPQ Super Gem Uncirculated. This beauty has as perfect centering front and back as you're ever likely to see on ANY banknote. Bright fresh paper, deep ink colors and wonderful embossing grace this beauty. Estimated Value $2,000 - 3,500 The demand for $100 "green backs" is high in many overseas countries. That is the key reason why 70 to 80% of the value of US paper money is shipped cross border out of the country in most years. The dollar is considered the most stable currency worldwide and is preferred in many countries over their local paper money. Foreign central banks buy massive quantities of US $100 FRNs, as there customers request them as payment for trade, wherever possible. From the German Bank employees. View details and enlarged photos	Realized $5,040
Lot 65		2006A $100 Superb Gem #44444444. Another Superb Gem CU note from the Zeitmann Brothers collection. This wonderful Fr. 2182-B $100 2006A FRN s/n KB44444444B graded PMG 67 EPQ Superb Gem Unc. This note boasts about the most ideal face margins we've ever seen and enjoys the matched B-B block letters. It's difficult to image another example that would look better than this beauty. Estimated Value $2,000 - 3,500 There were two different gentlemen who had access to fancy serial numbered $100 banknotes in Germany about a decade ago, and they ended up being competitors rather than working together. How they got access to these rarities isn't clear, but they were able to sell perhaps 25 to 30 of them in total for a short period of time.and then both lost the ability to access them permanently. From the German Bank employees. View details and enlarged photos	Realized $4,560
Lot 66		Gem Unc $100 #55555555. This Fr. 2182-B $100 2006A FRN KB55555555R has been graded PMG 66EPQ Gem Uncirculated. It boasts boardwalk face margins, perfectly fresh paper and vibrant inks. It's a perfect match to the other $100 banknotes in this section of the auction. Estimated Value $2,000 - 3,500 Starting with the $100 2009 series, the BEP made the decision to colorize $100 notes as an anti-counterfeit measure. The re-design added multiple devices embedded into the paper that made it incredibly difficult for counterfeiters to try to duplicate these new notes. Not to be deterred foreign printers continue their efforts to re-produce these high denomination bills. All of the Zeitmann notes have been encapsulated by either PMG or PCGS, not only advising their opinion of the grade or each note, but even more importantly their authenticity. From the German Bank employees. View details and enlarged photos	Realized $5,760
Lot 67		Superb $100 solid #66666666. Examining this note, front and back, one wonders why it doesn't reside in a 68 or higher holder. It is as to close to perfect as any $100 note we've seen. It's a Fr. 2162-L $100 2006 KL66666666B PMG 67EPQ Superb Gem Uncirculated winner. It is quite remarkable that the Zeitmann Brothers $100 set contains no notes under a grade of 66. Estimated Value $2,000 - 3,500 As mentioned earlier in the auction, collectors seek out the EPQ designation from PMG and the PPQ designation from PCGS. These initials refer to the paper quality of the note. To earn this designation the grader has to feel the paper was fully original with no attempts to repair any flaws or folds. From the German Bank employees. View details and enlarged photos	Realized $6,000
Lot 68		Gem $100 2006A #77777777. This is the type of banknote that never makes it into dealer inventories. The demand is so strong for notes like this that they get sold the same day they are acquired. This Fr. 2162-B $100 2006A FRN graded PMG 66 EPQ Gem Uncirculated is a key note to this run of $100 solid serial numbered notes. Remarkably the Zeitmann Brothers owned one of the only seven known $100 1990 small head FRN solids, the K77777777A coming up shortly in this auction. Estimated Value $3,000 - 4,500 This pack fresh note is an integral part of this run solid serial numbered #11111111 to 88888888 notes in this group of 2006A solid serial numbers. It should bring a stronger price realization than the five lots. From the German Bank employees. View details and enlarged photos	Realized $8,100

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