SOLD
14,000.00USD+ (2,800.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 09 @ 23:17UTC-6 : CST/MDT
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Remarkable And Finest Certified Kansas City $50 Red Seal
One of Just 9 Known Fr. 1021a. 1914 $50 Federal Reserve Note. Red Seal. Kansas City. PMG Very Fine 30. The Kansas City district is one of the rarest $50 Red Seals with a combined total of just 14 pieces for both types. This Very Fine 30 note is seen in the census with an Extremely Fine grade and with the appeal offered it is hard to argue against. Light even circulation, fully problem free paper for the grade and nice centering all combine to make for one of the more appealing pieces we have handled at this grade level. PMG has certified only three notes for this catalog number and this is the single finest and lone piece in the entire Very Fine grade range. A look at the PCGS Currency report shows none in the Very Fine level with the finest they have certified being a pair of Fine 12 notes. With no comparable price history for a note of this quality we will expect this piece to create quite a stir among collectors.
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
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- 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
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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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KA auction or any provision of Terms and Conditions shall be resolved by arbitration in California through the Professional
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