An ultra-rare 1882 $1,000 Gold Certificate, of which only a handful of examples are known, is currently being auctioned by GreatCollections, the auction firm announced in a June 5 press release. The large-size, high-denomination note, which features a half-length portrait of a youthful Alexander Hamilton, is being sold unreserved and bidding will end on Sunday, July 12 at www.greatcollections.com
Among all signature combinations, there are 11 examples known in the census, with one of those being held in the Federal Bank of San Francisco’s collection. The present note being auctioned is the finest of all graded and widely considered the finest example extant. The leading coin and paper money grading service, PCGS Banknote, has assigned the grade Choice Very Fine 35.
GreatCollections offers more information about the condition of the note: “The back features still bright and lively orange printing, attractively framed by the broad margins around. The edges are overall quite nice and crisp with the top being the only side to show mild handling.”
Ian Russell, president of GreatCollections said, “Although this is a valuable note, compared to others of similar statue and rarity, it’s extremely good value. It’s also interesting that Fr. 1218 was missing from many major paper money collections over the past 50 years. We’re expecting strong bidding before the auction ends on Sunday, July 12.”
GreatCollections features paper money in their weekly auctions. Upcoming highlights include a recently discovered Serial #1 McGehee, Arkansas Large Size National. The First National Bank of McGehee only issued large-size national bank notes for six months before changing to small size.
For more information about the Fr. 1218f, 1882 $1,000 Gold Certificate PCGS Choice Very Fine 35 and other paper money at GreatCollections, please visit www.greatcollections.com or call 1-800-442-6467.
GreatCollections offers complimentary appraisals for all U.S. and foreign paper money. Contact Ian Russell, Todd McKenna, or Andy Wedding at 1-800-442-6467.