A new find has generated great enthusiasm among collectors and numismatic enthusiasts. It’s a $50 bill issued by the Philadelphia Federal Reserve in 1914, which was recently auctioned for $1,700, exceeding its face value by more than thirty times.
This $50 bill is unique because of its Fr-1035 stamp and dates back more than a century. With a Choice Very Fine (VF) 35 grade, indicating its good condition, it’s highly valued among collectors. Although not extremely rare, it’s demand is high, and many collectors are willing to pay a premium price to include it in their collections.
What features should these 50 dollars bill have?
Many things distinguish this bill from the rest, the first thing that stands out is its peculiar and beautiful design. On the back of the bill you can see an allegorical figure representing Panama, holding a caduceus accompanied by two ships in the ocean, which gives the design a visual appeal that is hard to resist. This design makes it a real attraction for any collector or numismatic enthusiast.
How much does the $50 bill sell for?
On June 25, Heritage Auctions auction house Heritage Auctions sold this collectible bill for a total of $1,805. As this is a rare bill, the value for which it sold didn’t correspond to its legal tender value, which is a normal occurrence today with any bill or currency that has distinctive characteristics.
