| Only 5 large size $500 FRNs are known on this bank making it the 4th rarest district for the type. The highest grade encountered is VF, except for the EF serial number 1 Philly which is permanently impounded in a museum. Comparable sales of FR. 1132-C include a VF that sold at auction 3/07 for $39,100. Another example in the same grade hammered at $48,875 in a 4/08 auction.
The note offered here is pleasing VF with the look of a higher grade. The design elements are sharp with even the most intricate details clearly visible. PMG notes a restoration on insert although it is nearly impossible to detect through the third party holder.. |