Fr. 2201-Elgs. 1934 $500 Federal Reserve Note. Richmond. PCGS Currency Gem New 65 PPQ. In addition to being breathtakingly rare, this magnificent Gem Richmond $500s credentials include marvelous originality, superb embossing, & dazzling colors. There are only three gems known for the Richmond district; all 65s, with a single 65EPQ graded by PMG & two 65PPQs graded by PCGS. None of the three have ever been sold at public auction. As can be seen on the holder, this gorgeous note has provenance to the fabulous Stradivarius $500 LGS Gem Collection, a good portion of which we sold in our February 2019 Baltimore Sale. One need not look any further than that sale for auction estimates on this Richmond Gem, as we sold four other finest known $500 LGS, just like this one, all from the Stradivarius Collection, & all either 65EPQ OR 65PPQ, for prices ranging from $21,000 to $33,000. We expect this example to preform just as well.
