Coins are often easier to collect because of their lower face value. However, banknotes may be harder to keep if you have a low income. Sometimes, Federal notes have reached higher-than-expected value in the United States.
Take for example the $50 1914 Federal Reserve Note from Philadelphia Fr-1035. This year was a great one for the world of numismatics since there have been fantastic auctions.
$50 1914 Federal Reserve Note features
This valuable bill is from Philadelphia and it dates back to 1,914, so it is over a century old. As a matter of fact, it is a Fr-1035 variation claims PCGS. What is more, it has been grades as Choice Very Fine (VF) 35.
For your information, it is not rare to find such a grading in these banknotes. However, it is a popular one and many collectors would like to have one in their possession. So, there is a high demand for it.
But why is this $50 bill so popular? Actually, its back design is the reason why so many collectors find it so appealing. Bear in mind that it shows an allegorical figure which represents Panama holding a caduceus.
Besides, it is standing gracefully between 2 vessels in the ocean. So, there is no need to say that this marvel is sought after by millions of numismatics lovers all over the world and across the United States.
When was this $50 note sold?
The interesting thing about this bill is the fact that it was sold at an auction on June 25, 2024. Thus, it was just a few months ago. Those who posses this note and want to make some money may be eager to sell it after this purchase.
Keep in mind that it was worth $1,805 and its face value is just $50. It was Heritage Auctions the one in charge of this bill sale. Needless to say the seller must have been delighted that it was sold for a higher-than-expected price since the total included the buyer’s premium.
If you are looking for one for your bill and coin collection, you can find many examples on Ebay, prices vary depending on its condition and where it was issued. Check some examples on this link: https://www.ebay.com/b/50-1914-Year-US-Federal-Reserve-Large-Notes/149943/bn_73808603