$50 1914 Red Seals are rare period. A quick review of the population report will reveal that there are only a handful examples known for each Friedberg number / district. A deeper inspection will also reveal that most examples are not EPQ or PPQ. This is one of the rarest examples with only 18 notes available to own (20 known, 2 impounded in museums) and is one of the FINEST KNOWN. With so few examples available to choose from and at this price point, it is notes like this that represent good value and fortune to its next owner.