Extremely Rare Rosecrans Nebeker 1891 $50 Treasury Note Up For Auction Through Stack’s Bowers Galleries
The Stack’s Bowers Galleries March 2021 United States
Currency Auction will feature a rare Fr.376 Series of 1891 $50 Treasury Note
from the 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 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.
Stack’s Bowers Galleries is still accepting consignments for
the March 2021 auction. To consign contact Director of Currency Peter Treglia
at PeterT@stacksbowers.com or
Currency Specialist Brad Ciociola at BCiociola@stacksbowers.com.
