Lot 4425
1890, $50 Coin Note. . Fr-376. . KL-722. PCGS Very Fine 20. Less than two dozen $50 Treasury Notes are known, and at least a half dozen of those are permanently impounded in government institutions or museums. Several CU examples are extant, most from a small run of low serial numbers--the number B1 note is in the ANA Museum. The known circulated examples range from VG to EF, with this note certainly in the top half. It is solid for the grade with good colors, impressive eye appeal, and no major flaws. In comparison with coins, rare type notes are veritable bargains. Any U.S. coin with less than a dozen and a half examples available for the type would be a legendary rarity, with values approaching seven figures. With a small number of Uncirculated examples of this type selling in the last few years for solid six figure numbers, this piece could prove to be quite a bargain for the astute collector.
Estimated Value $65,000 - 75,000.
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| Realized $103,500 |
