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Sale 91
June 2016 Pre-Long Beach
| Federal Reserve Notes - Small |
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| Lot |
Photo |
Description |
Realized |
Lot 1367 |
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1934-A, $500 Federal Reserve Note. Fr-2202-D. Issued by the Federal Reserve of Chicago. CGS graded Gem Uncirculated 65. A beautiful crisp note, however, we do not warrent the grading by CGA. Estimated Value $1,700 - 1,800
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| Unsold |
Lot 1368 |
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1934-A, $500 Federal Reserve Note. Fr-2202m-G. PCGS Choice About New 58. Estimated Value $1,000 - 1,200
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| Realized
$1,234 |
Lot 1369 |
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1934-A, $500 Federal Reserve Note VF. Fr-2202-G. A nice clean note for the grade. Very Fine. Estimated Value $700 - 750
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| Realized
$881 |
Lot 1370 |
 |
1934-A, $1000 Federal Reserve Note. Fr-2212-G. Issued by the Federal Reserve of Chicago. CGS graded Gem Uncirculated 66 Original Paper Quality. A beautiful crisp note, however, we do not warrent the grading by CGA. Estimated Value $2,700 - 2,900
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| Realized
$3,290 |
Lot 1371 |
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1934-A, $1000 Federal Reserve Note. Fr-2212-H. St. Louis (HA Block). A very choice quality note that looks Crisp Unc. PMG 58 Choice About Uncirculated, Exceptional Paper Quality. Estimated Value $2,000 - 2,500
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| Realized
$2,585 |
Lot 1372 |
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1934 $10,000 Federal Reserve Note. CGA Gem Uncirculated 65. Fr-2231a. The $10,000 was the highest denomination issued by the United States government for general circulation. While most were redeemed when they were pulled from circulation many decades ago, a few hundred individual pieces have survived. In addition, a group of 100 examples was saved by the Binion's Horseshoe Casino in Las Vegas, in their famous "$1,000,000" display. Most high grade examples that survive today are either from the Binion's hoard, or are a result of sheer happenstance. This example, which is from the Boston district bank, was not included in the Binion's display. It is well centered, displays excellent margins, and has terrific overall eye appeal. While CGA has since disappeared from the grading scene since the emergence of the two major third-party grading services that dominate the market today (PCGS Currency and PMG), at the time this note was graded more than 17 years ago ago CGA was the only major grading service available. While the "market grading" primarily seen on CGA-graded notes has since fallen out of favor today, replaced by a more sensible combination of both eye appeal and technical grading, it was essentially the only option back then. This note appears very nice through the holder, and, no matter what it might grade today by one of the other services, it is plenty impressive as a high grade example of a popular note that will never cease to amaze non-collector friends who have never seen any issued note above the current zenith of $100 denominated Federal Reserve Notes. Estimated Value $125,000-UP
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| Realized
$129,250 |
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