Fr. 1133-C (W-4659-C). 1918 $1000 Federal Reserve Note. Philadelphia. PCGS Gem New 65 PPQ.

Fr. 1133-C (W-4659-C). 1918 $1000 Federal Reserve Note. Philadelphia. PCGS Gem New 65 PPQ.，Here is another "trophy note" deluxe from the Joel R. Anderson Collection-a combination of high denomination and high grade. Once again the word opportunity comes to the fore.<p>The impressive design utilized for this high denomination type displays Alexander Hamilton at center and large 1000 counters at all corners. It also features the familiar blue overprints for the series along with a Burke-Glass signature combination. The reverse shows a prominent vignette of our national bird with wings spread and 1000 counter flanking with super-imposed dollar signs. The presently offered example is the finest graded specimen for the catalog number by either PCGS or PMG and is among the finest known of its type. This note comes from a short serial number run of high grade examples known for this catalog number. We sold an About Uncirculated 53 EPQ note five serial numbers removed from this one for $50,400 in our November 2017 Baltimore auction. The present piece is superior to that one as it is free of any grade limiting handling while offering superior centering and inks. Even, natural paper wave and hints of overprint embossing can be observed through the holder.<p><p><em></em><p><strong>$1,000 Federal Reserve Notes, Series of 1918, Blue Seal</strong><p>At the center is a portrait of Alexander Hamilton, as noted. To the left is the Federal Reserve seal with bank identification. A blue Treasury Seal is to the right. The face layout is generic, with a widely spaced (from the border) Federal Reserve Bank seal, and large district numbers and letters in each corner. On the back the national bird is holding arrows, a flag, and an olive branch. The print run on the offered variety was 16,400 with 13 to 15 estimated to survive today. The Anderson specimen is especially notable among these as the finest known.，From the Joel R. Anderson Collection of United States Paper Money, Part I. Earlier from Heritage Auctions January 2003 sale, lot 18768; Lyn Knights October 2005 sale, lot 9.，