August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Exceedingly Rare Fr. 354 1890 $2 Treasury Note
Fr. 354. 1890 $2 Treasury Note. PMG Choice About Uncirculated 58 EPQ.
At first glance one is left to wonder as to why this note is as rare as the estimate would suggest. Is it the grade assigned by PMG? The signature combination? Is it the Friedberg? Surely those questions speak to the reality which separates this note from its peers. As reality would have it all of those individual explanations explain why this note is as rare as it is on the auction circuit. Featuring the engraved signatures of Register William S. Rosecrans and Treasurer Enos H. Nebeker the signatures of these men can found alongside a large brownish-red Treasury Seal making for a scarce sight regardless of grade. Representative of a signature combination where these signatures are often found alongside a small scalloped red Treasury Seal most of the 62 examples recorded by Track & Price are below the grade of Extremely Fine 40 making notes at this level a scarce sight at auction. The last time a comparable example representing this scarce Friedberg was offered at auction was back in 2022 and 2008 where those pieces respectively realized $26,400 and $46,000. We have nonetheless sold a single Gem New 65 PPQ encapsulated by the likes of PCGS Currency which realized $50,400 after a spirted session of bidding in March 2023. Wherever the final figure for this note may end up before bidding comes to a close that figure is sure to reflect the rarity of this lovely example of a rare Friedberg Number. PMG Pop 3/3 Finer.
Estimate: $20000.00- $30000.00
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Bidding
| Price realized | 18'000 USD |
| Starting price | 12'000 USD |
