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Rare Treasury Notes From Karelian Collection at Stack s Bowers March Auction

Karelian Collection. This remarkable example is graded Extremely Fine 40 EPQ by PMG. This one-year design type features the profile portrait of William Henry Seward prominently at the center. A large 50 counter is in an ornamental end panel at left while the red scalloped Treasury Seal is found at right. Just 22 examples of the type are known, six are in government collections and another permanently resides in the ANA Museum, leaving 15 pieces available to collectors. The print run for this design was 80,000 notes, of which only 23,500 were distributed. Treasury records report that only $1,250 worth (25 notes) are outstanding. This remarkable note carries an estimate of $150,000-$250,000 USD.

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