Lot 12
Fresh banknote with solid serial #33333333. This note and its eight mates all boast the EPQ designation. This Exceptional Paper Quality designation is sought out by collectors as evidence of the originality of the paper, with no restoration work like ever done. While I make the note of this feature, the single most important factor driving the value of this note is the serial number: J33333333H. Locating a complete set of solid serial numbers from the 1935 era used to be a task one could accomplish in a few months time. If one checks eBay and most all other internet sights, you'll struggle to find a single solid serial number Silver Cert from any series up for sale at any price in any condition. Estimated Value $1,800 - 2,800
This Fr. 1614 $1 1935E Silver serial #J33333333H has been conservatively graded PMG 64EPQ, Choice Uncirculated. Throughout the 1990s through the late 2000s, one could occasionally buy a solid serial numbered SC from this era at $1300 to $1800. This just isn't the case today, unless few people know of the note is up for auction. Collectors have come to realize that with perhaps 10,000 to 15,000 active paper money collectors and a total population of 228 solid serial numbered known from series 1935 to 1957B, it doesn't take long to realize these notes just don't sit in dealer inventories for long.
Ex. Heritage Auctions on 1-10-2014.
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| Realized $3,000 |
