The Midwest Summer Sale 2015

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Lot Title:	1918 $5 St. Louis Fr# 796 - XF
Lot Number:	70
Description:	Inflation has some remarkable effects over time. Someone still living today at the age of about 110 could conceivably remember that $5 in 1918 had the purchasing power of $78 in today's money. In 1918, had our hypothetical supercentenarian been a child laborer at a typical manufacturing job, he could have been paid as much as $100 per month, or about $4 per day. Keep that in mind as you formulate your bid for this $5 St. Louis note. It's all in a day's work.
Estimate:	$650-$750
Lot Status:	Bidding has been closed for this lot.
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Hammered Price:	$800
Price Realized:	$920

Please Note: An 18% Buyers' Premium is added to the hammer price of all lots in this sale.

This lot may contain an item not certified by ANACS, PCGS, or NGC. While Scotsman Auction Co. is typically conservative in our descriptions of items not certified by one of these companies, we cannot guarantee our grading estimation will match their grade. We highly recommend that collectors seeking items certified by a third-party grading service only bid on items that have already been certified. No lot can be returned because of a variance in judgment with regards to grade.