Lot 5549
Denmark SCWPM# 38i, 1953 50 Kroner. PCGS Gem New 66PPQ. This is the first of two consecutive examples that were saved at the time of issue. It is perhaps the finest example in existence of not only the 1953 issue, but the entire design type from 1944 to 1954. Not a single additional uncirculated example has been graded by either PCGS or PMG of any of the Pick #38 subvarieties, making this by far the finest graded by either service. It possesses flawless paper surfaces, complete originality, ample margins, and incredible eye appeal. The Krause catalog lists a value of $1900 in "uncirculated" for this note, however we suspect that this valuation will prove to be very conservative for a high grade certified note that knows no equal.
Estimated Value $2,000 - 3,000.
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| Realized $1,438 |
