Friday, May 5, 2023

Project 2013B matched pair sells for $6,600 at auction

May 05, 2023 Past Expiry

Auction Results

To the best of my knowledge, this is the lowest graded matched pair ever to go to auction, but still yielded an impressive final bid of $5,500 with the buying shelling out a total of $6,600 after the buyer's premium is factored in.

...with 4 seconds to go but...

A last second bit pushed the price up and won. Final bid $5,500 (without auction fee)

The bills that made up the matched pair were graded 40 and 25 respectively, on a grading scale where 'perfect' is a 70, and a 1 being "poor" or "Poor banknotes must be identifiable by catalog number. It is unusual for a banknote to circulate to the point of becoming Poor from a wear standpoint. These banknotes will be extremely worn with the paper virtually falling apart. Most banknotes acquire repairs before this point. An unrepaired Poor is an extreme rarity."

Initial Discovery

This pair was Project 2013B's 15th confirmed match; photo confirmation was posted on this blog back on October 15th of last year. [LINK]

Here's the image of the pair when it was first detected and verified by this project. At this point each bill were still physically apart by 100s of miles, and ungraded. The DC note in particular, according to its owner was "caught in the wild at a pizza shop"

From pizza place to Heritage Auctions

A running history of all matched pair auctions that I am aware of can be found at https://project2013b.blogspot.com/p/auction-history-for-2013b-matched-pairs.html

Self-Plug

I now have a webpage on USA Coin Book listing various coins I have for sale. Most are proof coins with limitted mintages from the Royal Canadian Mint, but there are also a few British coins, and I will be adding some American coins in the days and weeks to come. Please visit https://bit.ly/thecoinshop