|
Sale 36
Pre-Long Beach Coin and Currency Auction
| Federal Reserve Bank Notes - Large |
| |
| |
| Lot |
Photo |
Description |
Realized |
Lot 4427 |
 |
1918, $1 Federal Reserve Bank Note. Fr-708. . Fr-708. . KL-61. Somewhat scarcer district. PCGS graded Fine 12.
Estimated Value $100 - 150.
View details and enlarged photo
| Realized
$108 |
Lot 4428 |
 |
1914, $100 Federal Reserve Note. PCGS Gem New 66PPQ. . Fr-1104. A lovely Gem specimen with crackling fresh paper, bright blue overprint, and deep green back. The Federal Reserve System was established over more than a decade of behind-the-scenes meetings between government officials and the big bankers. When authorized in 1913, it began to issue these "fiat" or unbacked notes. However, since America was still on the gold standard when this $100 was first printed, these big denomination bills could be converted into gold or silver at the owner's option. Pop 2; none finer.
Estimated Value $5,000 - 5,500.
View details and enlarged photos
| Realized
$6,038 |
Lot 4429 |
 |
1914, $100 Federal Reserve Note. . Fr-1128. PCGS graded About New 50. Rarely seen this nice.
Estimated Value $1,500 - 1,750.
View details and enlarged photos
| Unsold |
|
|
