Based
on the lot description by Matt Quinn, Director of Currency
The 1882 $100 Gold Certificate, Fr. 1204 is not
easy to find. In fact, the majority of collectors have probably never even seen
one. Until recently it was believed that only four existed. Two of those grade
VG and reside in government collections -- thus they are off the market. There
is a VF example, which we sold in our Bowers and Merena sale of November 2002
for $48,300. The finest graded is an EF that was sold in 1999 for $154,000. Truly
opportunities to purchase an example of this rarity are few and far between.
It is quite exciting when such a note appears
almost out of nowhere. This incredible rarity came to us along with 44 other
type notes, all found in a glass jar in the 1950s in an Iowa community. The
discovery of this 1882 $100 Large Peach "Red" seal Gold Certificate
is extremely important to the paper money collecting community makes it only
the fifth example known and one of only three available to collectors. It will
be offered as lot 3379 on the evening of Thursday, August 15, as part of the
spectacular Stack’s Bowers Galleries paper money session of our official ANA
auction.
The note is graded PMG Very Fine 20, Net, with
"Small tears, stains, minor rust" noted. However, the example faces
up quite well and we are extremely pleased with its preservation considering
the facts. The peach seal remains strong and bold, the back still remains
pleasing in color, and the overall eye appeal will surprise many when viewed in
person. With only 40,000 examples printed for this signature and seal
combination, the chance of another surfacing is quite unlikely. This is an
opportunity that should not be missed.
Lot viewing for this and all the other coins, tokens, medals, and
paper money to be offered in our American Numismatic Association World’s Fair
of Money auction will be held in our New York City offices (August 2-6). To
make an appointment please call 800-458-4646. The lots will also be available
for viewing at the Donald E. Stephens Convention Center, Room 1 & 2 from
August 9 through 17.
No comments:
Post a Comment