Goldberg Coins and Collectibles

Sale 51

Pre-Long Beach Coin and Currency Auction

Federal Reserve Notes - Large

Lot	Photo	Description	Realized
Lot 2578		1914, $5 Federal Reserve Note. PCGS Currency Very Fine 25. . Fr-833b. While this is one of the most common Red Seal number, it thus presents an excellent opportunity for the type collector. It is a nice mid-grade VF example that has no significant flaws. Estimated Value $500 - 600. View details and enlarged photos	Unsold
Lot 2579		1914, $5 Federal Reserve Note, Red Seal. PCGS Currency Very Fine 30PPQ. . Fr-835b. This Cleveland Red Seal possesses rich colors and terrific embossing that is visible through the holder. A wonderfully original mid-grade example, and one of less than about 50 known. Estimated Value $1,000 - 1,250. View details and enlarged photos	Unsold
Lot 2580		1914, $5 Federal Reserve Note. Very Good. . Fr-851a. Solid paper but frayed about around the edges. Estimated Value $50 - 75. View details	Realized $29
Lot 2581		1914, $5 Federal Reserve Note. PCGS Currency Choice New 63. . Fr-863a. An attractive example from the scarcer Richmond district bank. Estimated Value $200 - 250. View details and enlarged photos	Realized $173
Lot 2582		1914, $10 Federal Reserve Note. PMG Very Fine 25. . Fr-900a. This is a pleasing Minneapolis Ten that looks original and problem-free for the grade. Estimated Value $800 - 1,000. View details and enlarged photos	Unsold
Lot 2583		1914, $10 Federal Reserve Note. Star Note. PCGS Very Fine 25. . Fr-930. A scarce replacement note from the Chicago district, about median grade for those known but free of any signficant flaws and quite attrractive for the assigned grade. Estimated Value $500 - 700. View details and enlarged photos	Unsold
Lot 2584		1914, $10 Federal Reserve Note. PCGS Currency Very Fine 30. . Fr-931a. From the Chicago district bank. Estimated Value $100 - 125. View details and enlarged photo	Realized $58
Lot 2585		1914, $20 Federal Reserve Note. PMG Extremely Fine 40. . Fr-994. An attractive example from the St. Louis district bank that is pedigreed to the Thomas M. Flynn Collection. Estimated Value $300 - 400. View details and enlarged photos	Realized $437
Lot 2586		1914, $50 Federal Reserve Note. PCGS Currency Gem New 66PPQ. . Fr-1035. This is a magnificent example of the design type, with full, even margins, bright paper, and bold originality that is evident by embossing that is easily visible through the holder. As this catalog goes to press, the current news story continues to be the amazing downfall of Bernard Madoff and his elaborate Ponzi scheme. President Grant, who is pictured on this note, was the victim of what was perhaps the most famous such scheme in the nation's history. After Grant left the White House after serving two terms as Chief Executive, he retired to New York City. His son, Ulysses, Jr., teamed up with a Frederick Ward to found a Wall Street banking house called Grant & Ward. Using the ex-President's popularity as a front for convincing investors to fund his scheme, Ward bilked the naive ex-President and his son and eventually left town with the firm holding assets of $12,000 and liabilities of more than $16,000,000. Financially ruined, Grant had to rely on the generosity of people around the country who sent him money--some with checks written for "payment for services rendered in service of our Union, 1861-1865." Grant, who had stubbornly refused to write his memoirs for nearly two decades, soon discovered that he had throat cancer and decided he must finally do so if he wanted to keep his family from being destitute. After receiving an advance for the then unheard of sum of $250,000 from Mark Twain, Grant dove headlong into a heroic quest to finish his memoirs. He finished just weeks before he died, and the result was a masterpiece of military strategy and forthright honesty on the frailty of even the best of heroes. More than 300,000 copies were sold, making it one of the bestsellers of the 19th century. His family eventually received royalties of more than $500,000. Estimated Value $6,000 - 8,000. View details and enlarged photos	Realized $4,485
Lot 2587		1914, $50 Federal Reserve Note. PCGS Currency Apparent Gem 65. . Fr-1038. PCGS Currency has noted an internal tear at the right of center on this Cleveland Fifty, which otherwise is a full (and therefore "Apparent") Gem New note. Still a beautiful high grade example, made perhaps more affordable for the budget-conscious collector by the small flaw. Estimated Value $3,000 - 4,000. View details and enlarged photos	Unsold
Lot 2588		1914, $100 Federal Reserve Note. Fr-1098. PCGS graded Very Fine 20. . Fr-1098. This $100 Fed from Cleveland is one of only a couple dozen known examples of this number. Estimated Value $600 - 800. View details and enlarged photos	Realized $403