Saturday, November 22, 2008

United States $50 1913 Gold Certificate Sold for $28,175.00

Bower and Merena Auction #13140
Baltimore November 18-22, 2008

The highest banknote price realized was a United States $50 1913 Gold Certificate. PCGS graded Gem New 65PPQ. Sold for $28,175.00.

PCGS has certified just 32 of this number in all grades combined, with a scant six reaching the "60" level or higher. This is one of only two to be vetted by PCGS as meriting the coveted 65PPQ designation and not a single note has been certified by them at a higher level. The collector who prizes both rarity and superior condition is the logical buyer for this exceptional note that will immediately enhance the stature of the collection it enters when the hammer falls today. We note a PMG 66 sold by Heritage at its FUN, 2008 auction for $43,125 and a CGA 65 by Lyn Knight at his 2006 Memphis auction for $21,850. Our result today for this well centered premium $50 Gold should fall somewhere in the middle of our estimate. Est. $22,500 - $30,000

The note on the left is not the same one sold. It's the same type but having a much lower grade.

1 comment:

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