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.
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| Realized $2,280 |
