Lot 1190
1925. PCGS graded MS-65. CAC Approved PQ. Boldly struck with lovely toning on both sides (PCGS # 3954) .
Historic associations: During 1925, a real estate investing boom occurred in the state of Florida that rivaled, and in many ways surpassed, the California real estate boom of 1887. At its height, prices for some of the tonier lots in Miami eclipsed the figure of a similar plot in New York: for instance, the sale of a Miami property for more than $300 a front foot eclipsed the $212 figure for a plot at the northwest corner of Forty-fourth Street and Fifty Avenue in New York City. (Reminder: these prices are GOLD STANDARD dollars, worth many times these figures in today's currency.).
Estimated Value $450 - 500.
|
| |
| Realized $575 |
