FR. 1039a 1914 $50 CLEVELAND FEDERAL RESERVE NOTE PCGS VERY FINE 35 APPARENT.
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Winning Bid:
$290.95 (Includes 15% Buyer's Premium)
Bids:
2
Bidding Ended:
Wednesday, March 19, 2014 2:00:00 AM (20 Minute Clock Begins At Wednesday, March 19, 2014 2:00:00 AM)
Time Left:
Ended
Auction:
Auction #211 - Part I
Item numbers 1 through 1196 in auction 211
Value Code:
I - $400 to $700 Help Icon
Item Description
Large Size Federal Reserve Notes are among the series of notes first issued in 1914 until 1928. They harken back to a day when bank notes were redeemable for their value in silver coins at any Federal Reserve Bank. They were originally released in denominations of $5, 10, 20, 50, 100, 500, 1,000, 5,000, and 10,000 dollars. Though the designs were slightly different from the current notes, the most significant difference was the size of the 1914 to 1928 issues. These earlier notes are about 25% larger, and therefore are usually referred to as Large Federal Reserve Notes. They are also more rare, artistic, and handsome, making them increasingly valuable to collectors as the notes age. Serial #D4706167A. PCGS graded Very Fine 35 Apparent with a minor ink stain on back at left of center. From the Robert M. Overstreet Collection and comes with COA.
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