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Rare $1,000 Gold Certificate stars

The finest known Fr. 1218f 1882 $1,000 Gold Certificate, graded PCGS Very Fine 35, was the star lot in Heritage Auctions’ Platinum Night Currency Signature Auction on Aug. 3 in Denver, Colo. The rarity sold for $270,250.

Selling for $270,250 was a Fr. 1218f 1882 $1,000 Gold Certificate said to be the finest known.

This price and others here include the 17.5 percent buyer’s premium.

The sale was held Aug. 3 at the Colorado Convention Center in conjunction with the American Numismatic Association’s World’s Fair of Money.

Friedberg catalog listings for the $1,000 Gold Certificates cover eight numbers, based on different signature combinations of the Register of the Treasury and the Treasurer of the United States.

Judson W. Lyons and Ellis H. Roberts served from 1898 to June 1905, when this note—one of 11 known to exist—was printed and likely issued.

Selling for $76,375 was an 1869 “Rainbow” $50 Legal Tender Note, Fr. 151, in PCGS Very Fine 35. “This note is free of improvements and boasts great color,” according to the cataloger. “Moreover, the margins are quite large, likely helped by its top position on the sheet.”

An ex: Albert A. Grinnell 1875 Original Series $10/$20 double-denomination note went for $64,625. This Fr. 412 was issued by The National Bank of Middlebury, Vt., charter 1195, and graded PCGS Very Fine 25.

Other top lots included:

• 1869 “Rainbow” $20 Legal Tender Note, Fr. 127, PCGS Gem New 65PPQ, $52,875.

• 1882 $20 Gold Certificate, Fr. 1178, PMG Superb Gem Unc 67EPQ, $42,300.

• 1901 $10 Legal Tender, Fr. 115, serial No. A3, PCGS Gem New 66PPQ, $38,775.

• Confederate Currency 1861 $1,000 T1 Montgomery, Cr. 1, PCGS Very Fine 35, $36,425.

• 1882 $50 Gold Certificate triple signature, Fr. 1189a, PMG Fine 12, $35,250.

• 1882 $50 Brown Back, The Exchange National Bank of Pittsburgh, Pa., charter 1057, Fr. 508, PCGS Gem New 65, $32,900.

For additional information, visit www.HA.com.

 

This article was originally printed in Bank Note Reporter. >> Subscribe today.

 

More Collecting Resources

• The Standard Catalog of United States Paper Money is the only annual guide that provides complete coverage of U.S. currency with today’s market prices.

• Any coin collector can tell you that a close look is necessary for accurate grading. Check out this USB microscope today!

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