Description: DescriptionFr. 1072a. 1914 Red Seal $100 Federal Reserve Note. Boston. PCGS Banknote Gem Uncirculated 66 PPQ. Stunning Gem Uncirculated $100 Red Seal Federal Reserve Note from Boston. A Note that Stands Among the Company of a Handful of Exceptional Peers. First appearing in Memphis in the Mid-1980s this note is one of 16 examples from the Boston district preserved in a state of preservation utterly foreign to most Series of 1914 Red Seals. Featuring a right-facing profile of polymath and Founding Father Benjamin Franklin, Franklin a noted proponent of placing portraits of notable Americans on money would possibly be quite flattered at his depiction which carries on through to the present on the $100 Federal Reserve Note. Franklin's portrait is likewise flanked by the adornments endemic to all Federal Reserve Notes. A rounded seal representing the Federal Reserve Bank of Boston can be seen at left while a pair of district indicators can be found above the lower left denomination counter and below the upper right counter. A bright cherry-red overprint likewise cuts an uncommon figure compared to its blue counterparts thanks to the brevity of its use. Discontinued in 1915, it was found that the red overprint handled circulation quite poorly and was replaced in relatively short order through the combined influence of the Treasury Department and the Federal Reserve Board of Governors making for a short-lived rarity heavily skewed towards the lowest of denominations preserved at the lowest ends of the grading spectrum. The back design which features a quintet of allegorical figures entitled Labor, Plenty, America, Peace, and Commerce illustrated by Kenyon Cox, and engraved by G.F.C. Smillie appears in a degree of clarity and detail that cannot simply be put into words. Emphasizing an elegant simplicity and a call-back to an era where allegorical figures were the norm; this composition stands out against the reused and somewhat blasé vignettes which were the stock and trade of the Series of 1914. A remarkable piece in any respect, this note also traces a long and distinguished provenance. First appearing on the Stanley Morycz Fixed Price List of January 1995 and more recently the collection of Joel R. Anderson which was sold at auction in 2019 where this example realized a princely sum of $40,800 as part of Anderson's collection. Indeed a remarkable piece is exceptional in every sense of the word and one destined for an elite collection composed at the hands of a most sophisticated collector. Payment Please note that all purchases are subject to local sales tax. We accept paypal and ebay payments. Shipping Due to our insurance regulations we do not ship on Friday or over the weekend. Terms of Sale We accept free 30 day returns. About Us Stack’s Bowers Galleries has been conducting live, Internet and specialized auctions of rare U.S., World, and Ancient Coins and Currency since 1933. The company's 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions. Contact Us Have coins to sell? Please contact Mark for special auction rates for our eBay clients, or let us make you a generous offer to purchase your rare coins! Have currency to sell? Please Contact Peter for special auction rates for our eBay clients, or let us make you a generous offer to purchase your rare currency! Track Page Views With Auctiva's FREE Counter
Price: 34995 USD
Location: New York, New York
End Time: 2024-11-11T18:16:47.000Z
Shipping Cost: 0 USD
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Item Specifics
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money back or replacement (buyer's choice)
Circulated/Uncirculated: Uncirculated
Denomination: $100
Type: Banknotes
Year: 1914
Grade: 66
Grade Designation: EPQ/PPQ
Country/Region of Manufacture: United States
Certification: PCGS Banknote Grading