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Large Size Type Notes > Legal Tender

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Fr. 151 $50 1869
Grade: XF    

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Wow! What a find! This $50 1869 rainbow is new to the census and it is what I call a peach in every sense of the word (as I use it). When I got this $50 the original purchase price tag of $125 was included (it is included with the lot but it is small and could get misplaced during lot viewing). I had the privilege of handling several rainbow fifties in the same grade from the First National Bank of St. Joseph, Missouri in 1986. This note is equal or better to the best of those. This type is one of the most desirable of all printed by our government because it portrays art and design at its best. Who wouldn't want a jewel like this? In an aggressive market like we have now notes like this should command the strongest premium. The color is great, the centering totally awesome and the paper quality is better than anyone could expect for the grade. Currently around 60 have been reported, including at least a dozen in government collections and museums. Many appear to be VF or worse with only eight similar or better than this beautiful example.

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