2019

Fr. 1133-L. 1918 $1,000 Federal Reserve Note. San Francisco. PCGS About New 50.

Currency:USD Category:Coins & Paper Money Start Price:20,000.00 USD Estimated At:40,000.00 - 60,000.00 USD
Fr. 1133-L. 1918 $1,000 Federal Reserve Note. San Francisco. PCGS About New 50.
CURRENT BID
24,000.00USD+ applicable fees & taxes.
ENTER YOUR MAXIMUM ABSENTEE BID[?]
You must bid at least
26,000.00USD
USD
26,000.00 x 1 unit = 26,000.00USDApplicable fees & taxes are added at checkout.
[?]Live Online Auction Starts In 2020 Feb 28 @ 18:00 (UTC-5 : EST/CDT)
Invoices Due on Receipt -Mail checks payable to Kagin's, Inc. 1550 Tiburon Blvd. #G-201 Tiburon, CA 94920
Kagin's Auctions Loyalty Program!
You get 1% Hammer(price) of your Purchases back as
credit towards your next Kagin’s Auction!

Fr. 1133-L. 1918 $1,000 Federal Reserve Note. San Francisco. PCGS About New 50.

While the San Francisco district is currently known as the “common” district of the 1918 Thousands, the grade level of About New is definitely not common at all. A little over 276,000 notes were originally issued for all twelve districts, and today there are presently only 180 serial numbers recorded for all districts. There are 15 examples that are not available as the notes reside in institutions such as the Smithsonian or the Federal Reserve Banks of San Francisco, Chicago and New York. Of the 180 serial numbers recorded, less than 20 examples are currently residing in an About New through Gem Uncirculated holder. This beautiful example displays bright white paper with dark inks and only a single horizontal fold is noticed. The engraving of Alexander Hamilton was done by G.F.C. Smillie, taken from an 1880 painting done by Caroline L.O. Ransom, a renowned portrait artist and the first female artist to have a work purchased by Congress, that being a portrait of Joshua Giddings. The large vignette Eagle on back was engraved by Marcus Baldwin. Simplistic in design, yet stunningly beautiful, this note has not been seen since our 1986 ANA sale where it sold for just over double face value at the time - $2,090. We expect this beauty to bring somewhere between twenty to twenty-five times that amount this evening.

Grading Company: PMG AU50

Serial#: Pedigree/Collection: