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.
|
| |
| Realized $8,100 |
