What does it feel like to own an "only known" Small Size Fed Reserve Note? When you are going through website offerings and discover that you have found a 1 of a kind, how would that make you feel? Do you ask yourself the ultimate question? should I buy it right now or should I not? Afterall it is one of a kind ( that is reported and graded). According to the top 2 TPG Co (PCGS and PMG) there is only 1 known Series 1934 C Boston District Star Note in Gem 65. It also bears the highest Serial Number known in Schwartz/Lindquist 8th and 9th Editions. This will no doubt, in my opinion, be a significant note in the future of Small Size Fed Reserve Notes. It sold for $805 in April 2006 and recently for much less It also sold in 2005 when it was not graded and with 3 other notes all RAW at the time. RickieB
Rick - What denomination are we talking about? According to the top 2 TPG Co (PCGSand PMG) there is only 1 known Series 1934 C Boston District Star Note in Gem 65. And there are problems with the statement above. First, is there only one known in 65, or one known in all grades? Second, pop reports are far from the final word on known populations. Several small size specialists, and archives such as the Heritage sales, will tell a better tale. :smile Jamie
If it's the only one known, wound't it bear the highest, lowest and all known serial numbers in between?
Jamie: You do have a point. I failed to mention that it is a "New Back variety" in which checking Heritages Archives there are actually 2 total. The Gem 65 and an AU (not graded) the notes all sold from the same lot in 2005. The Gem 65 note has been sold 3x at Heritage while the AU note was sold 2x. Checking PCGS's records, the New Back Gem65 is the sole note graded by them and PMG has graded no New Back Stars at all that are listed to my knowledge. It is a $20 note with the SN A00515662* I know you are a follwer of Small Size so if you have any additional information on this note it would be most appreciated. My search has led me to these 2 notes only with the Gem65 being the higest graded note of the notes known. I understand that population results are postulated based on reported notes that a TPG has graded. There may well be hundreds or thousands of these out there, who knows. At this time point there seems to be only 1 King.(Images from Heritage) Thanks for the feedback. Regards, RickieB
Dursin.. As mentioned in the post above, it seems to be the sole note graded at the 2 major's archival records. There may well be others out there "unreported" who knows..all things are possible I suppose. My statement is soley based on Graded Notes. RickieB
graded or not I doubt there are many if any as nice as this note. Great note RickieB!!! Many of us will never have the opportunity to own the highest single graded anything! That would be a great thing to be able to say about ones collection regardless of how amazing all the other pieces were!!!
Darryl... Indeed it would be nice to own this. I will say it is not me. I simply came across this and having a complete Series 1934C New York Star Note Set I looked it up and was astonished to find what I did. It sold for $575 in the Fun Auction last week and that was with all buyers fees added. In 2006 it sold for $805 Graded and in 2005 it sold in a group of Raw notes 3 or 4 total notes for $1095.00 WOW was all I could say when I found it's quick history...someone has a great note that will be truly significant one day. Regards, RickieB
