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.
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| Realized $40,200 |
