Lot 1346
1988-A, $10 Federal Reserve Note. PCGS Gem New 66PPQ. Fr-2028-E. Because collectors, for so many years, have ignored, in a relative sense, small size Federal Reserve Notes as a whole (particularly in denominations from $5 to $100), not many of these later issued have reached the grading services. That being said, it remains clear that there simply aren't many of these that were saved in high grades at the time of issue. To date, PCGS has graded only three examples of this series from the Richmond district, with this the finest of the three. PMG, by comparison, has graded only five such examples in all uncirculated grades, which means that even without duplication (by means of crossovers) there are still, at most, eight certified uncirculated examples of this issue known. The fact that a grade rarity such as this isn't expected to bring four figures or more is an intriguing marketplace inequality which may be changing, as collectors have flocked to these notes in recent years as Silver Certificates, Legal Tender Notes, and other "obsolete" series have become more expensive to collect. Estimated Value $75 - 100
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| Realized $59 |
