FR. 1083b $100 1914 Red Seal FRN San Francisco PMG 63

In stock
SKU
fr1083b
Incredibly Rare Note Especially in High Grade
$46,500.00
The stat sheet on this note is incredible. Not only is this note second FINEST KNOWN with PMG with only one note finer but it is also one of the FINEST KNOWN $100 Federal Reserve Note Red Seals extant! And $100 Red Seals are rare too – especially in high grade. A quick review of the population report will reveal that under the uncirculated grades, one would observe a sea of zeros – these notes are very rare in uncirculated condition. The story of the Federal Reserve Note Red Seals is quite interesting. Apparently, the red dye was imported from a European country and as World War I intensified, embargoes prevented the import of the red ink to the United States. About to run out, officials at the Bureau of Engraving and Printing quickly changed the color of the seal and serial numbers to what has become the more common blue ink variety. Coupled with the fact that fewer high denomination bills were printed, adding this numismatic rarity to your collection has all the qualifications to be an intelligent decision indeed.
More Information
Grading Service PMG
Denomination Type Federal Reserve Note
Grade MS63
Friedberg Number 1083b
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