SOLD
26,000.00USDto m******n+ buyer's premium (5,200.00)
This item SOLD at 2018 Mar 09 @ 22:03UTC-6 : CST/MDT
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Key St. Louis $50 Federal Reserve Bank Note
Important Single Catalog Number Denomination Fr. 831. 1918 $50 Federal Reserve Bank Note. St. Louis. PMG Choice Extremely Fine 45. An always significant offering on this numismatic oddity. The $50 denomination was issued solely by the St. Louis branch and these Teehee - Burke | Attebery - Wells were the only variety. It represents a major type that nearly all collectors of large-size notes would need to complete their collections. Roughly 50 pieces are shown in census data and about a fifth of that total are forever off the market being placed in institutional collections. This Extremely Fine offering is on par with the majority of known pieces as most are appealing lightly circulated examples.
From the C.R. Chambliss Collection.
Auction Location:
500 W Las Colinas Blvd., Irving, Texas, 75039, United States
Previewing Details:
auctions.kagins.com
Sales Tax on currency to non-dealers and coins under $1500 shipped to CA or $1000 to MD per tax accountant
Taxes:
| Tax | Rate | Desc. |
| TX |
8.25% |
Texas Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
Please allow 5-10 business once payment clears for you purchase to ship. Extra shipping charges for PO Boxes, Overnight, or International shipments.
Payment Details:
Invoice due upon receipt. Please allow up to 5-10 business days to ship once payment posts. There is an automatic 2.9% discount from auction fees when invoices are paid by cash or cash equivalent making your buyer’s fee still only 20%. Otherwise, the standard 22.9% buyer’s fee applies. Please make checks payable to Kagin’s, Inc. Don’t forget, Kagin’s Auctions Loyalty Program gives you 1% of your invoice subtotal towards your next auction purchase! See Terms & Conditions for more details. Bank Wire Instructions: Name of Bank: Wells Fargo Bank Address: 1500 Tiburon Blvd. Tiburon, CA 94920 U.S.A. Name of the account: Kagin’s, Inc. Address: 1550 – G Tiburon Blvd. #201 Tiburon, CA 94920 U.S.A. Kagin’s Account Number: 995 8039449 Routing number: 121 000 248 SWIFT CODE WFBIUS6S Auctioneer reserves the right to void an invoice if payment in full is not received within 7 days after the close of the Auction. If any Auction invoice submitted by Auctioneer is not paid in full when due, the unpaid balance will bear interest at the highest rate permitted by law from the date of invoice until paid. Any invoice not paid when due will bear a three percent (3%) late fee on the invoice amount.
Accepted Payment Methods:
- Money Order/Bank Draft
- Check/Cheque
- COD (cash on delivery)
- See Payment Details
- Wire Transfer
Terms and Conditions of Sale
1. Auction Company. This public auction is being presented by Kagin’s Auctions, a division of Kagin’s, Inc. (“KA”)
2. Binding Effect of Terms and Conditions. These Terms and Conditions are legally binding on anyone that registers
to bid, or actually does bid, at a KA auction. They define the relationship between bidders and KA before, during and after
the auction, and limit KA’s liability to bidders.
3. Consignors and Reserves. This catalog contains descriptions of property belonging to many persons known as
consignors. KA is not required to divulge to prospective bidders the identity of any consignor, except as provided by these
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which KA is not required to disclose to prospective bidders. The Consignment Contract may permit a consignor to bid on his
or her own lots and pay commissions if successful. If a consignor bids from the floor for his or her own lots, KA may so note
to all present. KA reserves the right to omit from its published prices realized the purchase prices of items re-purchased by
their consignor(s).
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a mail bid to a level the auctioneer deems appropriate), and will continue at such increments as the auctioneer directs until
the auctioneer declares the lot sold. The auctioneer may accept or decline any bid in his sole discretion, and where more
than one identical bid is received for an item, the auctioneer may prefer the first bid received and may prefer a mail bid over
an identical floor bid. In case of any disputes regarding the existence or amount of bids the auctioneer may rescind the sale
of that lot and re-sell it, or otherwise direct disposition of the lot in his sole discretion. In all cases, the auctioneer’s decision
shall be final. KA IS NOT RESPONSIBLE FOR ERRORS IN BIDDING, and mistaken bids will not justify rescission of a sale.
www.kagins.com xv
Terms and Conditions of Sale (Continued)
10. Buyer’s Commission and Taxes. THE PURCHASE PRICE FOR ALL LOTS INCLUDES THE SUCCESSFUL BID PLUS A
BUYER’S FEE OF 20%, except as otherwise provided by written agreement between a bidder and KA. Bidders
acknowledge that they are responsible for all sales, use or other taxes applicable to their purchases, and for any interest or
penalty related to unpaid tax, regardless of whether KA collected such taxes at the time of purchase.
11. Kagin’s Loyalty Discount. All successful purchasers shall be entitled to a credit against any future
purchases in a KA auction, in the amount of one percent (1%) of the total purchase prices paid by
them (hammer plus buyer’s commission – taxes or other charges not included), such credit to extend to the next two (2) KA
auctions, or a period of 1 year, whichever is longer.
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goods passes when the purchase price is paid in full, and KA reserves the right to withhold delivery of lots until full payment
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apply the proceeds to purchaser’s debt and to reimbursing KA for costs related to the resale.
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the item prior to the purchase. In all other cases, returns are accepted provided each of the following conditions is met: (1)
the purchaser contends that the item is counterfeit, contains an altered date or mintmark, or contains undisclosed repairs;
(2) the purchaser notifies KA in writing of his or her contention within five (5) days of receiving the item (if purchaser did
not timely pay for the item, his or her return privilege is waived); and (3) the item is returned in its original, sealed and
unopened container. Notwithstanding the above, coin returns are not accepted in cases involving cleaning, artificial toning,
provenance or pedigree, or strike, or whether a coin is a proof.
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