Stack's Bowers Galleries

August 2024 Global Showcase Auction  –  12 - 23 August 2024

Stack's Bowers Galleries, August 2024 Global Showcase Auction

Ancient and World Coins and Currency

Part A: Mo, 12.08.2024, from 6:00 PM CEST
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
The auction is closed.

Description

Fr. 2054-G. 1934 Light Green Seal $20 Federal Reserve Note. Chicago. PMG Choice Uncirculated 64 EPQ. Serial Number 7.
A truly exceptional piece that represents the lowest known serial number for this otherwise extremely common Friedberg. A sharp and distinct Light Green overprint cuts an imposing figure against the engraved design elements and abundantly original paper, a distinction that ponders the question as to how this note was saved in the first place. Whether this note was saved as a presentation piece gifted to a high ranking politico with connections in the Treasury or at the Federal Reserve Bank of Chicago or pulled at the hands of an attentive bank employee almost 90 years ago is mere speculation, as the truth has since been lost to the detritus of history and forgotten. Yet one truth remains, and that this piece is an exceptional representative that was once part of the esteemed Grinnell collection and something that for all intents and purposes is a miracle of survival, and one destined for placement among the holdings of an elite collection. A fitting fate for an exceptional piece from the Chicago district with the serial number, district and pedigree to match. Noted for "Exceptional Paper Quality" by PMG.

Estimate: $4000.00- $6000.00

Question about this lot?

Bidding

Price realized 2'400 USD
Starting price 2'400 USD
The auction is closed.
Feedback / Support