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War of 1812 notes coming to auction

On March 29 in Pittsburgh, Pa., Kagin’s Auctions will offer notes from the War of 1812 from the Joel R. Anderson collection as a part of the annual ANA National Money Show auction.

This collection details the bitter conflict over the nation’s first circulating currency and the obstacles it overcame, including the opposition of many Founding Fathers, including Thomas Jefferson and James Madison, along with several Congressman.

The TN-1 Act of June 30, 1812, $1,000 Treasury Note graded XF40 (top) and the TN-14b Act of February 24, 1815, $10 Fully Signed War of 1812 Treasury Note graded XF40 (bottom) from the Joel R. Anderson collection will be offered at the annual ANA National Money Show auction on March 29.

The featured item is a $10 TN-14b. This is considered to be “the first circulating bank note of the U.S. government…and is estimated by the auction house at $150,000-250,000.”

 

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

 


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