7125

Providence, Rhode Island - $50 1902 Red Seal Fr. 664 The Providence National Bank Ch. 1302 PM

Currency:USD Category:Coins & Paper Money Start Price:7,500.00 USD Estimated At:NA
Providence, Rhode Island  -  $50  1902 Red Seal  Fr. 664  The Providence National Bank  Ch. 1302  PM
SOLD
17,000.00USD+ buyer's premium (3,400.00)
This item SOLD at 2021 Mar 12 @ 19:57UTC-8 : PST/AKDT

Lot: 7125
Header: EXCEEDINGLY RARE 1902 $50 RED SEAL
Title: Providence, Rhode Island - $50 1902 Red Seal Fr. 664 The Providence National Bank Ch. 1302 PMG Very Fine 30
Description: $50 1902 Red Seals are tough notes, one can spend years trying to find a suitable example. This note, on the other hand, will please even the most ardent collector. First of all, this denomination and type is rare. The most recent census list only 97 examples available to own (104 known, 7 permanently impounded in museums) and a quick review of the PMG population report will reveal most examples are graded lower than this note. This example, on the other hand is wholesome and bright with light circulation throughout. The Red Seal is dark and the print detail is outstanding. Best of all, this note is as original as the day it was printed. With such few examples to choose from and this note facing up as well as it does, one should expect spirited bidding on this exceptional item.
Low Estimate: 15000
High Estimate: 25000
Grading Company: PMG
Gr: 30
Gr2: CH FINE
Gr3:
CAC/OGH:
Pedigree/Collection: