FR 2407 $500 "MCKINLEY" C.G.C. 40PQ
FR 2407 $500 1928 GOLD CERTIFICATE GEM CGC 40PQ! STILL RETAINS NICE EMBOSSING ON SEAL AND NICE WHITE PAPER! HERE'S A COMP. ON A GRADE LOWER (VF35 NO PQ) THAT SOLD IN MAY 2010 (IN RECESSION) AT JUST UNDER $14,000. THERE'S CURRENTLY ANOTHER XF (ONLY OTHER 2407 LISTED AT ALL) LISTED ON EBAY FOR $20,000 (WITH COMMENTS OF RESTORATION, ALTHROUGH PROFESSIONAL, LOOKS LIKE SIGNIFICANT REPAIRS WERE DONE TO THE NOTE). THIS PIECE FEATURED HERE IS SO ORIGINAL, NO PRESSING, NOT EVEN A "PINHOLE!" FOR ALMOST A 100 YEARS IT'S VERY IMPRESSIVE CONDITION WILL CERTAINLY PLEASE EVEN THE MOST DISCRIMINATE OF COLLECTORS. THE 1928 GOLD SERIES IS CERTAINLY "THE" MOST SOUGHT AFTER AND TREASURED, OF SMALL SIZE NOTES. WHEN COLLECTORS MENTION THAT THEY HAVE THE 1928 GOLD SET, 99% OF THE TIME THEY OBVIOUSLY MEAN UP TO THE $100 OR LESS (USUALLY THE $50). I'VE ONLY HANDLED 1 OTHER 2407 IN MY COLLECTION IN THE PAST. IT WAS ABOUT 1999 TO 2001 WHEN I BOUGHT AN UNC... YES, AN UNC, A TRUE UNC! IT HAD (AND I SAY HAD) AN UPPER LEFT CORNER TIP FOLD SO CGC GRADED THE PIECE AS A CGC 64PQ. I REMEMBER I PAID AN ASTONISHING AMOUNT OF $25,000 AT THAT TIME. ALL OF MY COLLEAGUES DISCUSSED MY APPARENT INSANITY AT DINNER THAT NIGHT, HA... I SOLD IT ABOUT A MONTH LATER (WAS DIFFICULT TO EVEN KEEP THE BUZZARDS OFF IT FOR A MONTH) FOR ABOUT $32,500. LATER I FOUND OUT (COUPLE YEARS LATER) THAT THE BUYER HAD IT PUT INTO ANOTHER GRADING CO'S HOLDER AS A GEM 65PQ. COUPLE YEARS LATER I WAS TOLD HE PUT IT IN AUCTION AND IT WENT OFF AT ABOUT $108,000 (WHICH I DO REMEMBER A 2407 IN 65 HAMMERING NORTH OF $100K). TO FIND THIS PIECE THAT LOOKS ALMOST UNC. WITH BRIGHT WHITE PAPER THAT'S STILL ORIGINAL WITH NICE CENTERING, SHARP CORNERS AND BRIGHT INKS IS, WELL, VERY RARE INDEED! THIS GOLDEN TREASURE IS SURE NOT TO LAST! QUESTION IS... WILL YOU BE THE LUCKY COLLECTOR TO SNAG AND TAG IT IN YOUR COLLECTION?