SOLD
44,000.00USDto m******n+ buyer's premium (8,800.00)
This item SOLD at 2018 Mar 09 @ 18:25UTC-6 : CST/MDT
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Rare 1864 $50 Compound Interest Treasury Note Fr. 192b. 1864 $50 Compound Interest Treasury Note. PMG Very Fine 25 Net. Restoration. A tremendous rarity and a catalog number missing in even advanced collections. Track & Price shows a mere 18 serial numbers in their census information and appealing mid-grade notes such as this are at the top of the scale in terms of quality. Nearly all have been subject to some manner of restoration, a trait which is carried with this piece as work, mostly limited to the margins, is observed. The overall appeal rivals that of a higher Very Fine grade with still sharp detail throughout and bold overprinting. The last to sell publicly was a PMG Very Fine 30 Net; a restoration piece with the serial number 220912 that sold for $66,000 in a January sale earlier this year. The current note in our opinion is just as attractive while retaining better gold color of the bronzed overprinting. These notes have routinely sold for north of six figures in only slightly finer grades and as offerings are seldom, this opportunity cannot be overstated.
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:
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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:
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- See Payment Details
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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”)
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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
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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
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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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