Fr. 187j $1,000 1880 Legal Tender PMG Very Fine 30 Net / TradePongo

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Fr. 187j $1,000 1880 Legal Tender PMG Very Fine 30 Net

ID: 27569 Open

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Attractive, Well Margined $1,000 1880 Legal TenderFr. 187j $1,000 1880 Legal Tender PMG Very Fine 30 Net. A charming high denomination rarity that has a vignette of Columbus in His Study and a portrait of DeWitt Clinton, who was governor of New York during the years of 1825-28 and had earlier served three stints as the mayor of New York City. The first exposure of this note to the collecting community that we could find was on a 1980 fixed price list. It was later consigned to our January 2001 Winter Auction and then reappeared in our 2013 FUN auction when it realized $176,250. Track & Price lists 15 different serial numbers for this Friedberg number with one piece part of an institutional collection. However, only half of those remaining fourteen Fr. 187j notes have appeared at auction in the past 25 years. Demand at auction is always fierce for this number and we expect more of the same for this nicely centered within balanced margins example that also sports excellent color and plenty of eye appeal. PMG mentions restoration, but any work was expertly performed and this mid-grade note will make its next owner extremely proud.
Estimate: $175,000 - up.