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Rarities abound in Heritage sale

The finest known Friedberg 1218f 1882 $1,000 Gold Certificate is expected to be a top-selling star of Heritage’s upcoming Platinum Night Currency Signature Auction. The sale, in conjunction with the American Numismatic Association’s World’s Fair of Money, is slated for Aug. 3 at the Colorado Convention Center in Denver.

This rare Fr. 1218f 1882 $1,000 Gold Certificate is estimated at $300,000 and up.

The rarity is graded PCGS Very Fine 35 and is estimated at $300,000 and up. Friedberg catalog listings for the $1,000 Gold Certificates cover eight different 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 was printed and likely issued.

According to the cataloger, “just eleven examples are listed in the census by serial number, one more than the last time this note was offered and realized $293,750.”

A top-notch error rarity is also featured in the sale. It’s an 1875 Original Series double-denomination note, ex Albert A. Grinnell Collection, that is expected to draw spirited bidding. The $10/$20 note is on the National Bank of Middlebury, Vt., charter 1195, Fr. 412.

A double denomination $10/$20 is a rare Original Series note.

“In twenty years of publicly archived currency auctions, we have handled, just one other Original Series Double Denomination, a far inferior $10/$20 from Springfield, Massachusetts,” the cataloger wrote. The note is graded PCGS Very Fine 25 and is estimated at $60,000 to $80,000.

Described as a “stunning gem Rainbow,” this $20 Legal Tender Note is grade PCGS Gem NewPPQ.

Described as a “stunning gem Rainbow $20” is an 1869 $20 Legal Tender Note in PCGS Gem NewPPQ. The Fr. 127 is estimated at $50,000 and up.

Thought to be worth a similar amount is an 1863 $20 Interest Bearing Note, Fr. 197a, PCGS Very Fine 35. Of the 16 submissions of this Friedberg number to all of the grading services combined, this note “is tied for second finest known, with an About New example listed at PCGS.”

A “finest PMG graded” 1882 Gold Certificate, in PMG Super Gem Unc 67EPQ, is also estimated at $50,000 and up.

An 1882 $20 Gold Certificate, Fr. 1178, is graded PMG Superb Gem Unc 67EPQ.

“This lone note is the only Superb Gem graded by PMG for the entire series,” according to the cataloger. “PMG does not spare any accolades in describing this piece, including ‘Exceptional Paper Quality, Great Embossing, [and] Great Margins,’ on the back of the holder.”

Other top lots in the Heritage auction include:

• United States 1877 4 percent Loan of 1907 $50 Consols Bond Hessler X166A, PCGS Very Fine 30, $40,000 to $60,000.

• 1882 $50 Brown Back, The Exchange National Bank of Pittsburgh, Pa., Fr. 508, charter 1057, PCGS Gem New 65, $30,000 to $50,000.

• 1883 $50 Triple Signature Gold Certificate, Fr. 1189a, PMG Fine 12, $35,000 and up.

• 1907 $1,000 Gold Certificate, Fr. 1219e, PMG Very Fine 30, $35,00 and up.

• T1 $1,000 1861 Cr. 1 Confederate Montgomery, PCGS Very Fine 35, $30,000 to $40,000.

• T2 $500 1861 Confederate Montgomery Cr. 2A, PCGS Extremely Fine 40, $30,000 to $40,000.

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.

• When it comes to specialized world paper money issues, nothing can top the Standard Catalog of World Paper Money, Specialized Issues .

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