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.
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| Realized $3,480 |
