Heritage Auctions

2008 September Long Beach, CA CAA Signature Auction


2008 September Long Beach, CA CAA Signature Auction
Sale Number: 3502
Location: Long Beach Convention Center
300 E. Ocean Blvd.
Long Beach, CA 90802
Auction Date: September 17th at 8 PM CT through September 21st

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Session 1
Colonial Notes
Continental Currency Assortment PMG Graded. Five nice mid-grade Continentals. CC-4 $4 May 10, 1775 PMG 25; CC-11 $1 November 29, 1775 PMG 30; CC-33 $3 May 9, 1776 PMG 30 "Splits"; CC-36 $6 May 9, 1776 PMG 35; and CC-37 $7 May 9, 1776 PMG 40. A nice group all with strong signatures and good eye appeal.
Continental Currency About Uncirculated Trio PMG Graded. CC-6 $6 May 10, 1775 PMG 50; CC-38 $8 May 9, 1776 PMG 53; CC-101 $70 January 14, 1779 PMG 53.
Continental Currency November 29, 1775 $3 PMG Choice About Unc 58 EPQ. This Choice About Uncirculated 58 EPQ note has the appearance of a fully Choice New piece.
From The Collection of a Louisiana Gentleman
Continental Currency November 29, 1775 $7 PMG Choice Uncirculated 64 EPQ. At 64 EPQ, this Continental is as close as you can get to the Gem grade without fully being there. It's a well signed and very good looking note.
From The Collection of a Louisiana Gentleman
Continental Currency February 17, 1776 $2/3 PMG About Uncirculated 53. This note has four full to large margins, and is very well printed on clean paper. A bold, deep red signature and serial number add colorful eye appeal. This note appears CU with a very faint, extremely well hidden crease near center. A very pleasing specimen of this popular and unique Continental Currency fractional denomination design.
From The Collection of a Louisiana Gentleman
Continental Currency May 9, 1776 $4 PMG About Uncirculated 55 EPQ. Well margined, boldly signed and a very pretty Continental.
From The Collection of a Louisiana Gentleman
Continental Currency Trio PMG Graded. CC-42 $5 July 22, 1776 PMG 35; CC-56 $3 February 26, 1777 PMG 35; CC-95 $40 January 14, 1779 PMG 45. All three are well signed and attractive, and all three are in comment-free holders.
Continental Currency November 2, 1776 $4 PMG Choice About Unc 58 EPQ. A handsome Continental, with a razor sharp vignette showing a boar running onto a spear. The Latin motto surrounding the vignette translates to, "Either death or an honorable life."
From The Collection of a Louisiana Gentleman
Continental Currency May 20, 1777 $5 Blue Detector PMG Gem Uncirculated 65 EPQ. An outstanding quality Blue Counterfeit Detector which has gotten both the "Exceptional Paper Quality" and the "Great Embossing" comments from PMG. A very pretty piece.
From The Collection of a Louisiana Gentleman
Continental Currency May 20, 1777 $30 PMG Gem Uncirculated 65 EPQ. An exceptionally nice example of a blue-paper Counterfeit Detector note. These were distributed to banks and merchants so that they could compare suspected counterfeits against known genuine examples. The blue paper was used so that they could not be falsely signed and placed in circulation. 65 EPQ is a rare grade for a detector note.
From The Collection of a Louisiana Gentleman
Continental Currency April 11, 1778 $7 Very Fine. This is a tougher denomination from the rarest of the eleven Continental series. In fact appearances in our auctions reveal that we see less than one of these a year. The edges are sound while a moisture spot is found in the lower left quarter.
Continental Currency September 26, 1778 $7 Counterfeit Detector PMG Choice About Unc 58 EPQ. A very nice example of a blue counterfeit detector. PMG has given the piece their Exceptional Paper Quality comment. Well margined, with strong printing and good color.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $40 PMG Choice Uncirculated 63 EPQ. A wonderful note that appears crisp, fresh and original with both signatures intact and deeply inked. The centering keeps the note from a higher grade as the margins, though large in most places, touch the design at the bottom right.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $40 PMG About Uncirculated 55 EPQ. A beautifully margined piece, with no problems of any sort visible through the holder. It certainly carries the look of a Choice to Gem example.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $60 Blue Counterfeit Detector PCGS Choice About New 58PPQ. This is a blue-paper detector note that has picked up a single light fold. It has excellent eye appeal and it is an inexpensive way to represent a rare type. Most collectors try to obtain at least one counterfeit detector. It is an ideal association item for a Continental set.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $60 PMG About Uncirculated 55. Closely margined on the face, but well signed and numbered. PMG has commented, "Hinged."
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $3 PMG Choice Extremely Fine 45 EPQ. Extraordinary brightness and bold signatures highlight this lovely high-end Continental. A piece that deserves to bring far in excess of what one would expect for a 45 EPQ.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $40 PMG Choice Uncirculated 64 EPQ. The margins are a bit uneven, but It is a bright note with all its original embossing present and two strong signatures
From The Collection of a Louisiana Gentleman
Continental Currency Indent September 27 1785 $4 PMG Very Fine 25 Net. These indented bills were issue by the Continental Congress from 1782 through 1787. Early in the issuing period, the value depreciated by about 20%, but as the notes were accepted for taxes, the value quickly recovered. By 1782 Congress was unable to honor the large quantity of Continental notes that were in circulation, and their value fell to nearly nothing (not worth a continental sound familiar?). These notes were then issued to circulate, and were accepted in payment of taxes (which earlier Continentals were not). The authorized signers were John Hardy and Michael Hillegas...with almost almost all of the known examples signed by Hardy. His bold clear signature led early collectors to refer to these then mysterious rare notes as "Hardy Bills". Newman identifies the denominations as $1, $2, $4, $6, $8 and $25 but he speculates that other denominations were also issued. Notes are know only with issue dates of September 27, 1785 and October 11, 1787 but other dates were undoubtedly used. In the course of our 50 sales we have handled less than five of these ultra rare notes. A wonderful item that would complement any advanced collection of Continental Currency. It has been Net graded by PMG for "Ink Burn" which has weakened a few of the handwritten portions of the note, but the overall appearance is that of a far higher grade.
From The Collection of a Louisiana Gentleman
Connecticut June 1, 1773 5s PMG About Uncirculated 50. PMG has noted, "Slash Cancelled," but it is barely noticeable. The later Connecticut issues are quite common, but this June 1773 issue is far scarcer in all grades and legitimately rare this nice.
From The Collection of a Louisiana Gentleman
Connecticut June 1, 1773 20s PMG About Uncirculated 50 EPQ. This is a gorgeous problem-free note from a scarcer Connecticut issue.
Connecticut June 1, 1775 20s PMG Gem Uncirculated 65 EPQ. Although all the signatures are in red, they have not faded at all in the past 230-some years. PMG has awarded the Gem 65 grade as well as two positive comments, "Exceptional Paper Quality, Great Embossing." Uncanceled Connecticuts in Gem condition are very hard to find.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 1s PMG Choice Uncirculated 64 EPQ. A high-grade uncanceled Connecticut note which has earned both the 64 grade and the "Exceptional Paper Quality" comment.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 1s/6d PMG Choice Uncirculated 63 EPQ. This uncanceled Connecticut note has earned two positive comments from PMG, "Exceptional Paper Quality, Great Embossing." The note is a pure Gem save for centering - it's a bit close in a few places, particularly the upper-right corner. High-grade uncanceled Connecticuts are very scarce.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 5s PMG Choice Uncirculated 64 EPQ. We had sold this note several years ago and described it then, "Simply a superb gem note in every way from boldly detailed print quality to mountainous embossing to its snow white paper. This note technically is a Gem but the margins are not quite big enough to allow for that grade. This note, most importantly, is uncancelled and very scarce and desirable as such." PMG seems to have agreed completely with their 64 EPQ grade.
From The Collection of a Louisiana Gentleman
Connecticut October 11, 1777 3d PMG Gem Uncirculated 66 EPQ. This is a beautiful blue paper note and it is also the highest graded example by PMG as of this writing.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 1s PMG Choice Uncirculated 64 EPQ. A beautifully margined note, well signed, fresh, bright and attractive. High-quality Colonials have been setting record prices in the last year, and this is just the type of note that has been so eagerly sought. Super condition.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 18d PMG Choice Uncirculated 64. A broadly margined, Choice example from the most available of the Delaware issues.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 5s PMG Gem Uncirculated 65 EPQ. A Lovely Gem example of this more available Delaware issue that has four behemoth margins, crackling fresh paper and superb signatures and print quality.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 6s PMG Gem Uncirculated 65 EPQ. Nicely penned signatures remain bold on this pleasingly original issue.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 10s PMG Gem Uncirculated 65 EPQ. PMG Gems of this issue are anything but common, and this one carries both the 65 grade as well as the "Exceptional Paper Quality" comment.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 10s PMG Choice Uncirculated 64 EPQ. This is a lovely example of this issue that has bold penmanship as well as exceptional print quality. Only at the back lower left corner does the edge drift inside the ornamentation line.
Delaware January 1, 1776 20s PMG Gem Uncirculated 65 EPQ. The 65 EPQ grade assigned to this 20s 1776 Delaware note should assure a solid price realized.
From The Collection of a Louisiana Gentleman
Delaware May 1, 1777 6d PMG Gem Uncirculated 65 EPQ. As a type, 1777 Delawares are far scarcer than the 1776 issue. A small group of high grade pieces appeared a number of years ago, but they have not yet worked their way through the grading services. Not a whole lot of them will make it to this 65 EPQ level.
From The Collection of a Louisiana Gentleman
Delaware May 1, 1777 9d PMG Gem Uncirculated 66 EPQ. A very high grade for a 1777 Small Change Delaware. The margins are particularly large, and both sides are beautifully centered.
From The Collection of a Louisiana Gentleman
Georgia 1762 5s PMG Fine 12 NET. PMG has noted, "Backed; Splits Repaired & Holes," all of which are indeed present. But the overall appearance of the note is that of a solid VF. It's an extremely rare piece in any grade, and it's only the third example that we have handled in our 50 sales. PMG has graded three examples with this the highest by several grades.
From The Collection of a Louisiana Gentleman
Georgia 1773 20s PMG Choice Extremely Fine 45 Net. This is a rare note especially so in the higher grades. The 1773 issue was a one note issue. PMG has only graded one of these higher and that is by just five grade points. This is a bright example that is well embossed with excellent print quality and the signatures are bold, too. The net grade is due to "split repairs." Nonetheless it remains a beautiful note.
From The Collection of a Louisiana Gentleman
Georgia 1776 3d PMG Choice Extremely Fine 45 EPQ. A handsome, well signed 1776 Sterling Issue Georgia that appears to us to grade a bit higher than the assigned 45 EPQ. The top margin is a tad close, but the other three margins are huge.
Georgia 1776 3d PMG Extremely Fine 40. PMG mentions a "Minor Restoration," and it must indeed be very minor as we are unable to locate it. The note certainly appears to be a solid XF. Both of the signatures are strong, and it's quite well margined for this type-set Georgia issue.
From The Collection of a Louisiana Gentleman
Georgia 1776 3d PMG Very Fine 30 NET. PMG has noted "Margin Repair," which refers to a small repaired notch at the bottom left. The note has the appearance of a full XF, with strong signatures, decent margins and boldly printed text.
From The Collection of a Louisiana Gentleman
Georgia 1776 3d PMG Very Fine 30. This problem-free, beautifully margined type-set Georgia note has been signed by William Few, who went on to sign the Constitution in 1787. The note certainly appears to be conservatively graded. An exceptionally nice example of this issue.
Georgia 1776 3d PMG Very Fine 25 NET. PMG has noted, "Tape Repair," which is extremely minor and on the blank back. This 3d note is otherwise most attractive, with three bold signatures and strong eye appeal.
Georgia 1776 6d PMG Choice About Unc 58 EPQ. A gorgeous example of this wholly type set Georgia issue. The note has two bold signatures, one of which is William Few, who became a signer of the U.S. Constitution eleven years later in 1787. 58 EPQ is an extraordinarily high grade for this type. PMG has graded lots of notes from this issue, but not a single example of any denomination has yet graded above this 58 EPQ level. This 6d, at that grade, is the highest yet graded by a broad margin.
Georgia 1776 6d PMG Choice Extremely Fine 45. A lovely example of the issue, with exceptionally good margins, strong signatures and lots of eye appeal. This type is very hard to find in better shape than this piece.
From The Collection of a Louisiana Gentleman
Georgia 1776 6d PMG Extremely Fine 40. The "Internal Damage" referred to by PMG is a weak spot in the paper that has cracked and left two small holes. Save for that, this piece is fully XF, with strong signatures and a handsome overall appearance.
Georgia 1776 6d PMG Very Fine 30. A tougher denomination from this 1776 Sterling issue. It's a well-signed, very well margined note, and in spite of a fair degree of circulation it has remained 100% problem free. Georgia specialists will be very appreciative of the opportunity of obtaining an utterly unrestored example of this very tough note.
From The Collection of a Louisiana Gentleman
Georgia 1776 1s PMG Very Fine 30 NET. One tiny edge split has been checked on the back with a small piece of tape on this essentially uncirculated-looking example of a Sterling issue Georgia note. PMG has noted, "Tape Repair," on this well signed, well margined note with striking visual appeal.
From The Collection of a Louisiana Gentleman
Georgia 1776 1s/6d PMG Extremely Fine 40 EPQ. This is an incredibly margined, well embossed, pleasing example of an issue that is almost never seen anywhere near this nice. In fact as of this writing, PMG has graded just three of these notes with this being the highest graded example and twenty points above its nearest competitor. All three signatures are bold including that of W(illiam) Few, who signed two Georgia issues of Colonial currency and eleven years later, was one of the signers of the United States Constitution. The note has a few extremely light folds, but appears to have never actually circulated. This is one of the nicest examples of this note that we have had the opportunity to handle and a piece of the highest interest to serious collectors of Georgia's early paper money.
Georgia 1776 1s/6d PMG Very Fine 20 NET. PMG has cited (sighted?) a "Hole Repair" that is quite small and well executed. This type-set Georgia is otherwise problem free and very well signed.
Georgia 1776 - 2s6d PMG Very Fine 20. This scarce note faces up well and the horse vignette and the three signatures remain strong. The left hand margin is unusually large for the issue. PMG has seen only two other notes of this number that have graded higher.
Georgia 1776 2s/6d PMG Very Fine 20. PMG has correctly pointed out "Staining," but it is confined to the blank back of the note. From the face, this Sterling Issue 1776 Georgia has the appearance of a solid mid-grade VF.
From The Collection of a Louisiana Gentleman
Georgia 1776 - 2s6d PMG Choice Fine 15. All three signatures remain visible including that of W(illiam) Few, who signed the United States Constitution.
Georgia 1776 - Crown 5s PCGS Extremely Fine 40. This is a very nice example of this very scarce Crown variety. We have only sold three others in recent years with the finest of those a Very Fine example that sold for $1840. This note faces up wonderfully and will make any Georgia collector proud to display it. It's boldly signed, beautifully margined and one of the best looking examples we've ever seen of this very scarce piece.
From The Collection of a Louisiana Gentleman
Georgia 1776 - Crown 5s PCGS Very Fine 30PPQ. A second example, very nearly as nice with slightly more circulation and a bit of soil on the back.
From The Collection of a Louisiana Gentleman
Georgia 1776 $1/4 PMG About Uncirculated 53. Very high grade for the issue, with three bold signatures and a bold serial number. The blank back has some darkening at the edges from prior mounting, and PMG has commented, "Hinged."
Georgia 1776 $1/4 PMG Choice Extremely Fine 45. A very beautiful example and most importantly, wholly free of problems. We have no quibble with PMG's 45 grade, but we are a little puzzled by the lack of the EPQ modifier, as the paper surfaces certainly appear strictly original. All three signatures are bold, and the margins are exceptionally nice for the issue, clearing the ornamentation at all points.
From The Collection of a Louisiana Gentleman
Georgia 1776 $1/4 PMG Very Fine 25 NET. PMG has noted, "Tape Repair," which is a very small piece of tape holding a split closed. Save for that, the note has none of the other problems that are usually seen on this soft-paper issue. All three signatures are strong, and the margins are clear of the ornamentation all the way around. The note looks considerably nicer than we would expect for the 25 grade.
From The Collection of a Louisiana Gentleman
Georgia 1776 $1/4 Very Fine. This is a scarce note with most of the examples known for this number at or near this note's grade. The center tear was repaired and while "candling" (holding the note in front of a light source) reveals repaired splits. This note carries serial number 16 with this example also being a "c" variety according to the Newman reference.
Georgia 1776 $1/4 Very Fine. The technical grade on this fractional Georgia note is much closer to the XF grade, but there is some light staining and a couple of tiny tape repairs along the back center fold. Otherwise, this is a well centered and attractive note that faces up well. A "£3..0.0" penned notation is found on the back, too.
Georgia 1776 $1/4 PMG Choice Fine 15 Net. The center split has been reinforced on the blank back by a paper strip, but the note "faces up" like an XF piece. All three signatures are strong. This is the lower of the only two denominations from this issue.
Georgia 1776 $1/4 PMG Choice Fine 15. This note is attractive from the face, but somewhat soiled on the back. A scarce and underrated issue despite the hinge remnants.
Georgia 1776 $1/2 PMG Very Fine 25 NET. Previously sold as a Choice About New+++, PMG seems to feel that that was a bit of an exaggeration, and we're inclined to agree - although this well-signed note does indeed look far nicer than the 25 NET grade would imply. PMG has commented, "Restoration," which is small and confined to the upper-right corner tip.
From The Collection of a Louisiana Gentleman
Georgia 1776 $1 PMG Choice Fine 15 Net. This note has a bold blue seal and five very strong signatures. There are a few minor internal splits, and several short edge splits, but there is no paper loss and the note is free of repairs and restorations. This is a well-above average example of this scarce note. In spite of its moderate circulation, the original embossing of the text and the seal remain visible.
Georgia 1776 $1 Orange Seal PMG Choice Very Fine 35. PMG has inadvertently called this a "71e" on the holder, which would be the blue-green seal. This is actually the orange seal, and an extremely bold example at that. The original embossing is plainly evident, and the margins, although somewhat irregular, are clear of the border ornaments all the way around.
From The Collection of a Louisiana Gentleman
Georgia 1776 $1 PMG Very Fine 30. An exceptionally nice example of an Orange Seal Georgia, with bold color and five strong signatures. Although the "30" grade is technically correct, the appearance of this piece makes it look several grades higher.
From The Collection of a Louisiana Gentleman
Georgia 1776 $1 PCGS Very Fine 30PPQ. A very handsome example of the Green Seal variety. The seal is quite distinct, as are all four signatures and the serial number. The note is very well margined, not touching at any point, and the note has much of the appearance of a fully Extremely Fine piece. Unflawed Georgia notes are very hard to find, and this collection features quite a few of them, this piece included.
From The Collection of a Louisiana Gentleman
Georgia 1776 $2 Blue Floating Jugs PMG Very Fine 20 NET. PMG has commented, "Tape & Stain Repairs." The note has an unusually bold and brightly colored blue floating jugs vignette, and the appearance from the face is that of a far higher grade. The minor tape and stain reductions seem to be confined to the back of the note. Well signed and handsome in spite of its problems.
Georgia 1776 $2 PMG Very Good 10 Net. This note is well-signed with a bold seal. There are a few minor margin issues but nothing severe. A respectable above average example of this scarce note despite the grade assigned. The embossing of the text and seal remain strong despite the moderate circulation.
Georgia 1776 $2 Orange Seal PCGS Very Fine 25. A solid Orange Seal Georgia note with all five signatures bold and clear. The Floating Jugs vignette is very sharp, and the Latin motto, which roughly translates to, "If we collide, we break," can be clearly read. The piece looks considerably better than the normal VF-25 Georgia. A really nice note.
From The Collection of a Louisiana Gentleman
Georgia 1776 $2 Orange Jugs PMG Very Fine 25. Quarter folded at one time, which has caused varying degrees of soil on the blank back, but the face is bright, clean and most attractive. The serial number, as well as all five signatures, are bold and easily read.
Georgia 1776 $2 Very Fine. This is a rare note with this example sporting strong embossing, a bold vignette, and five dark signatures. There are repairs (which are hardly uncommon to this issue) at back center and around the top part of the Floating Jugs vignette onwards to the right edge.
Georgia 1776 $4 PMG Choice Extremely Fine 45 EPQ. A real beauty, with a well printed bold blue seal and just a few very light folds. Georgia notes in this high a grade without a trace of restorations or problems are extremely rare. PMG has only graded twenty or so notes from this colony at this level and above, and this has got to be one of the prettiest of them. All five signatures are bold, the margins are unusually good and the original embossing is readily apparent through the holder. This piece has clearly earned the EPQ designation which PMG has bestowed on it.
From The Collection of a Louisiana Gentleman
Georgia 1776 $4 Blue Caduceus PMG Very Fine 25. A beautiful note which certainly appears to us to be quite a bit nicer than the assigned 25. The colors are absolutely delightful, and the note has all five of its signatures at their full brilliance. PMG has mistyped the note as a GA-74a, which would be the blue $4 Jugs.
From The Collection of a Louisiana Gentleman
Georgia 1776 $4 PCGS Extremely Fine 45PPQ. This Orange Seal 1776 Georgia is as handsome as any we've seen. The seal is very well printed, with bold color and distinct features. All five signatures are dark, clear and easily read, as is the serial number. Very few Georgia notes share both the eye appeal and lack of problems that this 45 PPQ exhibits.
From The Collection of a Louisiana Gentleman
Georgia 1776 $10 PMG Very Fine 20 NET. PMG has commented "Repaired," which applies to the center fold, particularly at the top, and the lower-right corner of the note. Visually, the note has the appeal of an XF, with a strong blue palmetto tree and millstone vignette, five bold signatures and terrific color.
Georgia 1776 $10 PMG Very Fine 20. Perfect for the grade, without a hint of a repair, restoration, or problem of any kind. The margins are generous all around and touch the border designs only at the top left end. The signatures are strong, as is the very low serial number of 25. An utterly unmolested example for the Georgia purist.
Georgia 1776 $10 PMG Choice Very Fine 35. PMG has gotten the wrong number on the holder, as this note is actually a Georgia 76c: the Orange Seal 1776 Ten with the palm tree and millstone vignette. The note is extraordinary in that it is well margined, well signed and wholly free of problems, repairs and restorations. A very nice Georgia piece.
From The Collection of a Louisiana Gentleman
Georgia 1776 $4 Fine. A fully signed example, with decent margins, strong signatures and great eye appeal despite the numerous repairs seen.
Georgia (1776) Undated $5 PMG Choice Extremely Fine 45. Terrific color and five bold, clear signatures highlight this much scarcer Georgia note. PMG has typoed it as a GA-80, the Four Dollar note, but it is a GA-81. They'll be happy to reholder it for the buyer. This entire issue is quite scarce, and as an unrestored, high-end XF, this note can truly be considered rare.
Georgia (1776) Undated $8 PMG Very Good 10 NET. PMG comments, "Tape Repairs," which are on the blank back. The note has a few areas of staining, but the signatures are excellent and the vignette of a sword-wielding Revolutionary soldier is sharp, clear and unaffected by repair or staining. Even with its problems, this far scarcer note is well above average, and worthy of a strong bidding effort.
Georgia 1776 $10 PMG Fine 12 NET. A scarce Georgia note which we've sold once before. PMG has noted "Margin and Split Restoration,"which is certainly the case. Our previous description, which still applies, read, "A handsome enough note, but with a considerable amount of deft restoration at the left edge, and a smaller repaired area at the top center to the left of the serial number. All five signatures remain strong, as does the maroon seal."
From The Collection of a Louisiana Gentleman
Georgia 1777 $3 PMG Choice Extremely Fine 45. An exceptionally high grade for this scarce 1777 No Resolution Date issue. All the signatures, as well as the serial number, are executed in unfaded, dark brown ink, and the note is wholly problem free. A very nice Georgia example, and one of the nicer ones we've seen for this issue and denomination.
Georgia 1777 $3 PMG Very Fine 25. A note that simply is not seen this nice. It's totally problem free, with good margins all the way around and all five signatures clearly legible. This is only the third example that we've handled. The nicest was an XF that brought over $1700 several years ago. This one comes very close to that for grade and is its equal for eye appeal.
From The Collection of a Louisiana Gentleman
Georgia June 8, 1777 $1/4 PMG Choice Fine 15. Offerings of this scarce note, so far this century, have been sparse. This nice example is free of problems, repairs, and restorations of any kind with the margins being clear of the outer-edge of the border elements. The fractional denominated notes of this issue are considerably scarcer than the dollar denominated pieces.
Georgia June 8, 1777 $2/3 PMG Very Fine 25 NET. PMG has noted "Internal Tear Repair," which is accurate. Low-denomination notes from the June 8, 1777 issue are not often encountered. This is a decent example of the scarce $2/3 denomination.
Georgia June 8, 1777 $4/5 PMG Extremely Fine 40. This is only the second example of this denomination that Heritage-CAA has handled, and by far the better of the two. The note is not priced above VF in the references and this note leaves that grade in the dust. It is a nicely margined, boldly printed example that still retains its original embossing. Only a few very minor pinholes prevent this note from being called utterly problem free. This soft-paper issue was plagued by splits, tears and separations. This note, which bears low serial number 11, is totally free of those problems. All three signatures are dark and beautifully clear on this attractive note.
From The Collection of a Louisiana Gentleman
Georgia June 8, 1777 $1 Very Fine. This is a popular note with the internal paper surfaces grading VF, however the lower right corner shows wear. There is also a barely noticeable split in the vicinity of the upper left corner. This is the variety with the identical top border ornaments.
Georgia June 8, 1777 $3 PMG Choice Very Fine 35. A handsome Georgia note that bears the bold red vignette of a Frontiersman holding his rifle. The note has low serial number 89, which is boldly executed, and all five signatures are equally dark and clear. Although the note has not been given the EPQ designation, it certainly seems as though it had earned it. The embossing is clearly original, and the note appears to be problem free. Mid-grade Georgias with strong eye appeal and no repairs are hard to find on today's market, and this note should prove to be quite popular.
From The Collection of a Louisiana Gentleman
Georgia June 8, 1777 $3 PMG Very Fine 20 NET. PMG has mentioned an internal split which distracts little on this otherwise problem-free note. It is the far scarcer variety with the word "in" in the fourth line printed in black. As with most examples of this black "in" type, it is a very low serial numbered piece. In this instance--17. The orange vignette is also better printed than most and the signatures remain strong. This is an under appreciated variety that is seldom seen.
Georgia June 8, 1777 $3 PMG Very Good 8 NET. This Georgia note has bold signatures, a bright orange Frontiersman seal, and low serial number of 36. PMG has noted on the label, "center repair; splits," but the note still faces up well. This is still a more elusive issue with this being only the third different example that we have handled in nearly nineteen years. PMG has mislabeled the holder as the "a" variety and will be happy to correct this error.
Georgia June 8, 1777 $4 PMG Very Fine 25 NET. PMG has commented, "Center Restoration," which is indeed accurate. This Four Dollar note has the orange stag vignette, and it bears the two-digit serial number 76. Very well margined on two sides, with more normal margins at the top and right.
From The Collection of a Louisiana Gentleman
Georgia June 8, 1777 $4 PMG Very Fine 20. PMG has noted, "Center Repair," which is accurate. Well signed, with a bright orange stag vignette and strong eye appeal. The aforementioned repair is of a small central juncture hole, and it's all but invisible from the face.
From The Collection of a Louisiana Gentleman
Georgia June 8, 1777 $5 PMG Extremely Fine 40 NET. PMG has noted, "Margin Restoration," which is accurate but very minor. The blue rattlesnake vignette is clear, as are all five signatures and the low serial number 50. The margins are tight all around, but typical for the issue. A well above average colored-seal Georgia note.
Georgia June 8, 1777 $5 PMG Very Fine 30 NET. In spite of the NET grade and the "Split & Internal Restoration" comment, this is still one of the finer examples we've seen of this 1777 Rattlesnake $5 note. All five signatures are bold, and the note is well margined all around. The colors are terrific, and the note has low serial number 18. The restorations are minor and well done, and the note should please even the fussiest of Georgia collectors.
From The Collection of a Louisiana Gentleman
Georgia June 8, 1777 $6 PMG Choice Very Fine 35. There are very short splits at the top and bottom of the center fold, which PMG has noted. Save for that very minor flaw, this well-embossed, wholly original Georgia note is a beauty. The signatures are strong, and the red and black print colors are ideal. Low serial number 34.
Georgia June 8, 1777 $6 PMG Very Fine 30. Hugely margined at the right, but slightly tight at the left and top. Very well signed, with a sharp blue seal showing a palmetto tree being crushed by a millstone, along with the Latin motto Oppressa Surgit, which roughly translates to, "After being crushed, it rises." One of the nicer examples we've seen of this difficult-to-locate note.
From The Collection of a Louisiana Gentleman
Georgia September 10, 1777 $1/2 PMG Extremely Fine 40. This is a wonderful example of a very scarce issue. The half dollar denomination is listed in Friedberg as being the scarcest and one of the most valuable. The paper is unusually bright for a Georgia note, and there are two strong signatures and a bold serial number.
From The Collection of a Louisiana Gentleman
Georgia September 10, 1777 Uncut Vertical Strip of Five $4/5 Extremely Fine. This is a fully signed strip from the left side of a ten-subject sheet. These are extremely rare in multiples and practically unheard of as a quintet. There is ink haze as-made and the notes grade XF or better individually. Certainly a great multiple for a top drawer collection.
Georgia September 10, 1777 $4 PMG Very Fine 25 NET. PMG has noted "Tape Repairs," which are quite minor and on the blank back. From the face, this note is a beauty, with excellent margins, ideal color, strong signatures and a razor sharp, beautifully bright stag vignette.
Georgia May 4, 1778 $20 Very Fine-Extremely Fine. The blue seal rattlesnake vignette is sharp and bold and the signature of W(illiam) Few, who was a signer of the United States Constitution, can be clearly seen as the second horizontal signature on this serial number 108 note. There are a few rough places on the paper surface, but the five signatures remain legible. There is also a few approximate quarter inch edge splits. Nonetheless, a rare note from one of the scarcest colonies and much in demand.
Georgia May 4, 1778 $30 PMG About Uncirculated 53. This is the second time we've sold this note. Initially, as a raw piece, we described it, "This gorgeous $30 note has as bright and clean a vignette as any example we've ever seen. The note has retained all its bright colors and all five signatures are fully bold, including that of William Few who went on to be a signer of the U.S. Constitution. The note's only defects are a single light center fold, some contemporary notations on the blank areas of the back, and a few small worm holes at the far right that affect nothing but the border design."
From The Collection of a Louisiana Gentleman
Georgia May 4, 1778 $30 PMG Extremely Fine 40. Bright, very well margined, and with strong signatures, including that of William Few who later became a signer of the United States Constitution in 1787. This short series, which had only three denominations, is among the most handsome of the Georgia notes. The bold printing, broad margins, deep blue seal color, and five strong brown signatures, make this note particularly eye-appealing.
From The Collection of a Louisiana Gentleman
Georgia May 4, 1778 $30 PMG Choice Very Fine 35. This is a bright, nicely margined note with strong signatures, including that of William Few who later became a signer of the United States Constitution in 1787. The boar vignette is strong from the boar on down, but weak at the upper right. The note is problem-free save for a few very minor edge splits that, due to the wide margins, do not reach the design. The overall quality of the note is high.
Georgia May 4, 1778 $40 PMG Very Fine 30. The margins are a little rough and irregular but are broad at all points. The note has spectacular color on both its blue seal and blue printing "GEORGIA." All five signatures are incredibly bold, including that of William Few who went on to sign the US Constitution in 1787. Very lightly circulated with three immaterial folds and a bit of stray ink on the back. We have handled higher grade pieces of this denomination and issue, but few with the visual impact of this pretty note.
From The Collection of a Louisiana Gentleman
Georgia October 16, 1786 20s PMG Very Fine 30 NET. The upper-right hand corner has been replaced, which is noted by PMG as "Corner Reattached." Save for that well-done restoration, this fully signed and issued late-date Georgia note is a beauty, with only a few light folds, decent margins, terrific color and extraordinarily sharp print quality.
From The Collection of a Louisiana Gentleman
Louisiana July 1, 1720 10 Livres Tournois Very Fine. A pleasing note with excellent paper quality. This note was issued from Bank Royale in New Orleans. These French printed notes were part of the famed "Mississippi Bubble" debacle involving Scottish financier and schemer John Law and land in New France.
From The Norman Collection
Louisiana January 1, 1720 10 Livres Tournois Very Fine. A second example of this very scarce issue. This piece exhibits a few pinholes, which is offset by a boldly punched seal. Bright and attractive.
From The Norman Collection
Maryland 1733 1s PMG About Uncirculated 55. This is an unsigned, unissued remainder from the first Maryland issue. We have sold only five different of these in our 50 floor auctions. This is a quality example with sharp printing and healthy paper, save for a paper clip rust stain on the indent tab.
From The Collection of a Louisiana Gentleman
Maryland 1733 15s PMG Choice Uncirculated 64. Remainders from the 1733 issue were also used for the issues of 1748 and 1751. This unissued 1733 15s note that is printed on "MARYLAND" watermarked paper has its complete indent tab.
From The Collection of a Louisiana Gentleman
Maryland July 26, 1775 $1 1/3 PMG Fine 12 NET. PMG has noted, "Paper Reconstruction," which sounds a lot worse than the very minor edge repairs that we can see on this rare Maryland allegorical note. The face vignette is a woodcut done by Thomas Sparrow that is heavily loaded with Revolutionary sentiment. Rare in all grades and seldom offered, this piece, which is far more attractive than its grade would imply, should see spirited bidding activity.
From The Collection of a Louisiana Gentleman
Massachusetts August 18, 1775 20s PMG Choice Fine 15 Net. This is a lovely Sword in Hand note that was engraved and printed by Paul Revere. The note is very well margined and it is a perfect piece save for the center "contemporary repair" which is mentioned by PMG on the holder. With the sewing thread removal you are able to see more of the swordsman, but the tiny thread holes remain visible. This is the only example of this number seen so far by PMG and it is also the only example that we have had the opportunity of putting up for auction. This is also one of the most popular Colonial Currency issues due in large part to its direct association with Paul Revere and also due to the great Continental soldier vignette on the back who holds his sword upright "In defence of American Liberty."
Massachusetts August 18, 1775 24s PMG Extremely Fine 40 NET. PMG has noted, "Split Repairs" on the holder of this handsome piece. A lovely Sword in Hand Note both engraved and printed by Paul Revere. The note is very well margined, well signed and well printed and it's a perfect piece save for some very minor repairs of edge problems. It's number 2664 out of ten thousand pieces printed. This is one of the most popular issues among Colonial Currency Collectors due in large part to its direct association with Paul Revere and also due to the great Continental Soldier Vignette on the back who holds his sword upright "In defence of American Liberty."
From The Collection of a Louisiana Gentleman
Massachusetts December 7, 1775 1s/4d PCGS Apparent Fine 15. This is the only example of this rare number we have had the pleasure of auctioning. This is not surprising since only 6250 were printed by Paul Revere. This mid-grade note is in a PCGS red holder, with the comment, "restored split at center." The work has been deftly executed and the note has an excellent overall appearance for the assigned grade. It is a solid example with a bold ship vignette on the face and a strong Sword in Hand back vignette.
Massachusetts December 7, 1775 3s/4d Choice Very Fine. This is a lightly circulated, but lovely example of this rare and important issue. All of the design on both sides is clean and perfect and the all-important vignette with the Revolutionary soldier with a raised sword on the back is beautifully printed and as sharp as we have ever seen. The plates for this note were engraved by Paul Revere and the printing for both sides was done in his shop. This note was issued just eight months after his famous "Midnight Ride" to warn the citizenry that the British were coming. This is a truly great piece of Americana, to be enjoyed not just by the Colonial Currency collector, but also by anyone who appreciates the early history of our country. This piece is problem-free save for a little soil and the red penned number "6" in a blank area on the face. This note last appeared in our 2006 FUN auction where it hammered for $2875. Expect a realization tonight above this figure.
Massachusetts December 7, 1775 36s Contemporary Counterfeit PMG Choice Very Fine 35. This is one of the more deceptive contemporary counterfeits and the highest grade example that we have handled. This counterfeit note with serial number 1111 is well printed, well signed, and it clearly circulated, at least briefly, alongside the genuine notes. The note has the look of a genuine example and is distinguished from the genuine only by minute differences in engraving. The easiest ones to spot are the straight vertical main masts on the ship vignette. On the genuine examples, the masts slant to the right. An unusually bright, clean, and very attractive note that will not realize anywhere near the $7000 or so that a genuine in this grade would bring. It has been pen cancelled on the face, "counterfeit" has been written on the back, and a penned "X" has been added over the soldier's face.
Massachusetts June 18, 1776 1s/8d PMG Fine 12. PMG has graded only one example of this rare number as of this writing and this is it. This note faces up well and the signature of D. Hopkins is present. On the back the denomination is written on all four edges of the note, expressed simply as 1/8.
Massachusetts October 18, 1776 8d PCGS Fine 12. A rather nice looking example of a Codfish note. The face was engraved by Paul Revere and printed in his shop.
Massachusetts October 18, 1776 9d PMG Extremely Fine 40. Only the third time we have offered a note from this "codfish" issue. It is well preserved and well centered on the face, but the back is a bit skewed.
Massachusetts October 18, 1776 1s Choice Very Fine. A lightly circulated Codfish note, with a simply spectacular appearance. The printing on both sides is bold, and the face margins are quite even. There is a very minor repair at the top and bottom of the center fold, but the note is otherwise problem free. The face of the note was engraved by Paul Revere and printed in his shop. The backs of the notes were printed by John Gill.
Massachusetts October 16, 1778 4d PMG Fine 12 Net. We have been able to offer very few examples of this rare number over the years. PMG data reveals similar findings as they have graded only three of these as of this writing. This rare note has had a "corner replaced & margin reconstruction."
Massachusetts October 16, 1778 1s/6d PMG Very Fine 20. This Codfish issue utilizes plates made for the 1776 issue by Paul Revere. The plates were altered by Revere to the proper date, and the faces of these notes were printed in Revere's shop. This note has a beautifully centered face that carries a very strong, sharp Codfish vignette. These are elusive with PMG showing that they have graded only two examples as of this writing. A "tear" is mentioned on the label.
Massachusetts October 16, 1778 3s PMG Choice Extremely Fine 45. A solid Codfish note, with a strong signature, excellent centering and far better than normal print quality of both sides. Hard to find this nice.
Massachusetts 1779 1s/6d PMG Choice Very Fine 35. A very well margined, well printed and most attractive Rising Sun note. The face of the note was engraved and printed by Paul Revere, and the backs were printed from cast cuts in the shop of Thomas Fleet. The pine tree and border elements on the back of this particular note are as sharp as any we've ever seen. A very nice piece, with way better eye appeal than what one expects for the 35 grade.
From The Collection of a Louisiana Gentleman
Massachusetts 1779 5s Rising Sun PMG Very Fine 30. A beautiful example of the scarce and popular Rising Sun issue. The face plates for this issue were engraved by Colonial patriot Paul Revere, and the faces of the notes were printed in his shop. The back uses the same type and cast cuts that were previously employed on the Codfish issue, and they were printed in the shop of Thomas Fleet. This note has far better margins than most, with strong print quality on both sides and a bold serial number and signature.
From The Collection of a Louisiana Gentleman
Massachusetts 1779 5s PMG Very Fine 30. A second example in the same grade. More heavily inked than the first, but not quite as well margined. Another very nice Rising Sun example.
From The Collection of a Louisiana Gentleman
Massachusetts 1779 5s/4d Extremely Fine. The face plate for this charming Rising Sun note was engraved by Paul Revere and printed in his shop. The back plate was made from cast type and was printed by Thomas Fleet. Though it is close, this is the nicest one of these we have been able to offer in a very long time. This handsome example has a neatly centered face with dark ink.
Michael Hillegas to Nathaniel Appleton Delivery Receipts for Massachusetts May 5, 1780 Notes. This is a unique set of letters/receipts written in Philadelphia concerning the transfer of Massachusetts notes. Two of the letters are signed by Michael Hillegas, the first Treasurer of the United States. The first letter of July 20, 1780 signed by Hillegas discusses errors in the first delivery of notes and a found counterfeit note. The second document is a receipt signed by Jesse Brown, the trusted messenger of the Continental Congress, for receiving $75,000 in sheets from Hillegas on July 24, 1780. The third item also dated July 24, 1780 and signed by Hillegas describes the transportation of $345,000 in unsigned "money" by Brown. These large shipments of money could not have been an easy matter. The letters themselves were written in a dark pen that belies their age. The Hillegas signed letters are folded sheets and the Jesse Brown sheet is a single sheet. Measurements are approximately 7.75 by 10 inches. A great item for the serious Massachusetts collector.
Massachusetts Treasury Certificate March 1, 1781 Very Fine. This is listed as MA-10 in Anderson's The Price of Liberty. It has a rarity rating of R-4, indicating that 76 to 200 pieces are known. This is the single most sought after piece of fiscal paper from the American Revolutionary period due to its elaborate engraving and the vignette of a Continental soldier with a raised sword surrounded by a rattlesnake. The entire engraving for this piece was done by Nathaniel Hurd, a contemporary of Paul Revere. In the past this bond was often attributed to Revere, due in part to the Sword in Hand vignette which is very similar to Revere's that was used on Massachusetts Colonial notes, and also due in a likely larger part to the power of wishful thinking. In any event, these 7 1/2" square bonds are highly in demand and eminently frameable. This piece grades essentially Extremely Fine and it is well printed, broadly margined, and problem-free save for some splitting at the edges and along some of the folds. Overall, it is a bright and beautiful piece.
Massachusetts 6% Treasury Certificate July 20, 1779 Very Fine. The Pine Tree Surrounded by a Rattlesnake vignette is clean and sharp on this Low R-6 (21 - 30 known) certificate which is listed as MA-19 in the Anderson tome. Because of the engraving style, time period, and Massachusetts location, these bonds were misattributed for many years as the work of Paul Revere. They were in actuality executed by Nathaniel Hurd, a contemporary competitor of Revere.
Massachusetts Commodity Bond January 1, 1780 Very Fine, repairs. This bond is listed in the Anderson reference, The Price of Liberty, as MA-21 and considered by him to be a R-5 (31 to 75 known). These Commodity Bonds are perhaps the most interesting of all the Massachusetts fiscal paper, because both their principal and interest were tied to the current price of various commodities (corn, beef, sheep's wool, sole leather) at the date the bond was due. The bonds were authorized to cover the depreciation of pay received by Continental soldiers and sailors. This specimen was payable to Benjamin Barron, a lieutenant in the Continental Navy. This is also the scarcer variety, with the engraver's name, J.M. Furnass, incorporated in small letters within the loop of the final "r" in Treasurer in the lower right corner. However, only remnants of that imprint remain. The wear on this note consists of three vertical folds, three archival tape repairs, soiling near the right edge, small holes, edge nicks, and a clipped corner tip. However, none of the design features is seriously compromised. Still a rare item that is much better in appearance than it is in description, and it is also a direct link to America's fight for independence.
Massachusetts Six Percent Treasury Certificate. This certificate carries the popular Sword in Hand vignette. It is listed as MA-10 in Anderson. This is a nice Extremely Fine with a tape repair on the back along the horizontal center fold plus a few small body holes.
New Hampshire August 24, 1775 £3 PMG Fine 12 NET. Only 1,333 pieces in total were printed for the £3 denomination of this issue, which was authorized for just $8,000. This example has uneven margins, but they are generous in most places. The signatures are a bit faded and restorations and reinforcements of splits and roughness can be seen on the blank back whereby PMG mentions "Center Reattached."
New Hampshire November 3, 1775 30s PMG Choice Very Fine 35. This Thirty Shilling is listed in Newman as a counterfeit, but this issue has always traded hands at the same price for both genuine and counterfeit examples. There is some difference of opinion among experts as to whether these were actual counterfeits or an unauthorized contemporary reissue. The signatures have always appeared to this cataloger to be quite genuine and identical to those found on issues for which no counterfeits exist. In any event, it's a nice solid high-end VF with no problems.
From The Collection of a Louisiana Gentleman
New Hampshire November 3, 1775 40s PMG Choice Extremely Fine 45. This variety is listed in Newman as a counterfeit, but there has always been some question as to whether the notes are truly counterfeit as opposed to an unauthorized overrun. This example has strong signatures, excellent color and a very nice overall appearance. PMG has mentioned a very minor "Margin Split."
From The Collection of a Louisiana Gentleman
New Hampshire November 3, 1775 40s PMG Extremely Fine 40. This is the variety listed in Newman as a counterfeit. But as the counterfeits were printed in the correct print shop, and signed by the actual signers, these notes are usually regarded as unauthorized overruns rather than technical counterfeits. PMG has correctly identified, "Split Repairs," although they are well executed and very minor.
From The Collection of a Louisiana Gentleman
New Hampshire April 29, 1780 $1 PMG Choice Uncirculated 64 EPQ. This One Dollar New Hampshire note has the normal nickel-size hole cancel, but is otherwise crisp and as-issued. Fully uncirculated New Hampshire Guaranteed notes are truly scarce.
New Hampshire April 29, 1780 $1 PMG Choice Uncirculated 63 EPQ. Hole canceled as almost always, but a nonetheless fully uncirculated example from this rare colony. This is an extremely rare issue in Uncirculated. PMG has graded only this and two others as uncirculated pieces, with this being the only example of this denomination.
From The Collection of a Louisiana Gentleman
New Hampshire April 29, 1780 $2 PMG Very Fine 25. Hole canceled as almost always for this issue, but a nice solid, problem-free VF.
From The Collection of a Louisiana Gentleman
New Hampshire April 29, 1780 $3 PMG Choice Extremely Fine 45. POC. A light fold and a corner tip nick are seen on this hole cancelled example that has a strong black signature, while the signatures in red ink show the usual fading.
New Hampshire April 29, 1780 $4 PMG Choice Extremely Fine 45. POC. This note is hole-cancelled with the normal nickel-sized hole. It shows very light signs of circulation, but with three strong signatures, nice margins, and an excellent overall appearance.
New Hampshire April 29, 1780 $7 Fine-Very Fine. Well circulated, but uncancelled and quite rare in that form. These New Hampshire guaranteed notes are almost always canceled with a large hole. This well-signed piece, which is also signed on the back, has no problems save for honest circulation.
New Hampshire April 29, 1780 $8 PMG About Uncirculated 55. This is tied for the finest example of this denomination that we have had to offer. The margins are huge, the signatures are bold and the embossing is Superb. PMG has correctly identified a small tear at the edge of the hole cancel.
From The Collection of a Louisiana Gentleman
New Hampshire April 29, 1780 $8 PMG Choice Extremely Fine 45. A particularly good looking uncanceled New Hampshire note. All three signatures on the face are bold, and the serial number bolder still and written in bright orange. The guarantee on the back is signed for the United States by Jonathan Taylor Gilman in red. The note is beautifully margined and one of the best looking New Hampshire Guaranteed's we've seen.
From The Collection of a Louisiana Gentleman
New Hampshire April 29, 1780 $8 PMG Very Fine 30. A fully signed and issued uncanceled New Hampshire Guaranteed note. Most all notes from this issue are seen with large hole cancels, and fully signed notes, including the guarantee on the back, are truly rare in uncanceled condition. This one is problem-free save for normal light circulation. The VF-30 grade seems right on the money.
New Hampshire April 29, 1780 $20 PMG About Uncirculated 50. Canceled as almost always with a nickel-size hole cancel. This $20 denomination is the highest of the issue. Always a difficult Colony to locate for any issue or grade.
From The Collection of a Louisiana Gentleman
New Jersey June 22, 1756 1s PMG Choice About Unc 58 EPQ. Very nicely signed with ideal paper quality. This issue is many times rarer than the similar appearing 1763 issue. These are always tightly margined, which this one is on two sides, but the bottom and right have very generous margins for this issue.
From The Collection of a Louisiana Gentleman
New Jersey June 22, 1756 15s PMG Choice Uncirculated 63 EPQ. The margins have held back this lovely example of a much scarcer issue. The note is poorly trimmed, as many of the day were, as the notes were extremely close together on the sheet.
From The Collection of a Louisiana Gentleman
New Jersey June 22, 1756 15s PMG About Uncirculated 55. Unusually well-margined for the issue. PMG has pointed out "Right Side Corner Repairs". It appears to us that what has gone on here is some masking of a stain on the back of the note. The face has a wonderful appearance.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 1s PMG Choice Uncirculated 63 EPQ. This is a good looking piece. The margins are the only factor keeping the note from Gem.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 18d PMG Choice Uncirculated 64. Very well margined for the issue, with bold signatures and exceptional overall eye appeal.
New Jersey December 31, 1763 18d PMG Choice Uncirculated 64. PMG has commented "Hinged," and indeed a piece of a hinge is visible on the back. From the face, this is just as nice an example as we've seen of this always tightly-margined emission.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 18d PCGS Choice New 63PPQ. Relatively common in high grade, but not often encountered as nice as this 63 PPQ. Bright and attractive.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 3s PMG Choice Uncirculated 64 EPQ. Close margins, as always for the issue, but terrific in every other way. The paper surfaces are original enough to earn the EPQ designation.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 6s PMG Choice Uncirculated 64 EPQ. Very bright for the issue, with strong signatures and far better margins than generally seen. A simply wonderful example from this scarcer 1763 issue.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 12s PMG Choice Uncirculated 64 EPQ. A wonderful example that is just into the design a bit at upper left.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 1s PMG Gem Uncirculated 66 EPQ. Simply a gorgeous and hugely margined example of this difficult low denomination note rarely found this nice. The signatures and serial numbers are bold and the face and back print well defined.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 1s PMG Choice Uncirculated 63. We sold another example of this number in 63 graded by PMG at Central States last April for $431. The current example even looks a little nicer.
New Jersey March 25, 1776 1s John Hart Very Fine. This note is signed by John Hart, who signed the Declaration of Independence. It's a solid VF, with broad margins and strong color. The important John Hart signature is dark and perfect, and all the surfaces of the note are original and ideal for the grade.
New Jersey March 25, 1776 3s PCGS Gem New 65. Beautifully signed with outstanding margins and perfect colors. A common issue that is seldom seen in this high a third-party grade.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 3s and 6s Vertical Pair PMG Choice About Unc 58. This is one of only two multiples that we've ever seen of this issue. Both notes grade About New due solely to a light sheet fold. The bottom note has a well repaired short split, and the top note has one close point in the left margin. Both pieces are numbered, fully signed and issued. A great item for the New Jersey specialist or anyone with an interest in unusual Colonial items. PMG has commented "Splits Along Sheet Folds".
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 £3 PMG About Uncirculated 53 EPQ. A centerfold is all that held back this bright, tri-color jersey from the Gem New grade. It is well margined, nicely embossed, and boldly signed.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 £6 PMG About Uncirculated 53 EPQ. This was the highest denomination printed for this New Jersey issue and the color is very bold. A couple of minor folds which enter a bit into the design have limited the grade.
From The Collection of a Louisiana Gentleman
New Jersey June 9, 1780 $3 PMG Very Fine 25. A solid, problem-free example likely to evoke considerable bidder fervor. Cut close on two sides, but with good color and the signatures of Brearly and Borden.
New Jersey June 9, 1780 $4 PMG Very Fine 30. We last sold this piece in September of 2007 for $575. The description read, "This marks only the second offering of this note by us. Strong signatures remain despite the light circulation."
From The Collection of a Louisiana Gentleman
New Jersey June 9, 1780 $20 PMG Choice Uncirculated 64 EPQ. We have handled only one other example of this issue anywhere near as nice as this piece. This piece is perfectly original with bold embossing and paper undeterred by age. A tight left margin, cut slightly into the design kept this note from a full Gem grade.
From The Collection of a Louisiana Gentleman
New Jersey January 9, 1781 1s PMG Choice Uncirculated 63 EPQ. A none too common grade for this issue which is particularly bright with bold signatures. Closely margined, but a quality example to be sure.
New Jersey January 9, 1781 1s/6d PMG Choice Uncirculated 64. This example is from a very tough issue and notes in this state of preservation seldom appear. In fact this is the first time in seven years an example has graced any of our auction venues.
New Jersey 1786 3s Very Fine. This is a rare New Jersey note and one of the very few we have seen in any grade. This one is clean and well margined save for the bottom left edge. The note has retained nice detail and with most examples extant in Fine or less condition, this is a real prize for the Colonial specialist.
Francis Bernard Governor of New Jersey Paper Money Related Letter. This is a hand-written "Governor's Message Delivered on August 9, 1758" that includes the following in part, "Gentlemen, I am informed that in a bill depending before you there is a clause for striking paper money. I therefore send you a copy of his Majesty's instruction to me on that subject & hope you will conform thereto." It is signed "Fra. Bernard." The letter has been split through in three places and mounted. There is a little bit of ink erosion, too. Pencilled at the bottom on the mounting is "Francis Barnard Governor of Massachusetts Bay." Mr. Barnard was governor of two colonies. He was governor of New Jersey from 1758-60 and of Massachusetts Bay from 1760-69. This message was written while he was governor of New Jersey.
New York April 2, 1759 L5 PMG Choice Fine 15 NET. Prior to grading, we sold this note with the following description: "Some minor repairs along the center fold have been perfectly executed as we would guess that plenty of seasoned collectors could not tell the difference. Also, a few petty edge splits are seen as well. With that said, this is a delightful example of a scarce issue and denomination. We have only offered two examples from this denomination in over six years. The signatures are bold and the face design well printed. This is a vastly underrated earlier New York series that should be actively pursued by knowledgeable collectors." Now, in its PMG 15 NET holder, it bears the comments, "Splits, Pinholes."
From The Collection of a Louisiana Gentleman
New York April 2, 1759 L10 PMG Very Fine 25 NET. PMG notes, "Center Repairs," which is correct. The note is well signed and very high grade for this rare issue.
From The Collection of a Louisiana Gentleman
Four High Grade New York Colonials. August 2, 1775 Water Works 8s; March 5, 1776 Water Works 8s; August 25, 1774 Water Works 1s; and a March 5, 1776 $2/3. All four notes have been graded by PMG in comment-free holders at the AU level. The grades are 53, 58, 55 and 53 respectively. An unusually nice group from this tougher colony.
New York September 2, 1775 $3 PMG Choice Extremely Fine 45. PMG has commented, "Split Repairs," which is accurate, though they are very minor and hard to locate. The note has huge margins and strong eye appeal. This $3 denomination uses a vignette of the Ten Commandments with a sword laid over them.
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $1/6 PMG About Uncirculated 53. A gorgeous example from a rather difficult Colony, the note is extremely well margined on the face and only slightly less so on the back. PMG has noted, "Hinged."
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $1/4 PMG About Uncirculated 53. Closely margined at the left of the face and the bottom of the back, but well signed, beautifully printed and very, very scarce in this grade. Heritage-CAA has handled only three other examples, none of which graded better than Very Fine. PMG has noted, "Hinged, Tear," neither of which is visible through the holder.
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $1/3 PMG Choice Uncirculated 63 EPQ. A very difficult issue to find in this high a grade, particularly with the EPQ designation. The face margins are beautiful, and the note is very well printed on both sides.
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $1/3 PMG About Uncirculated 53. PMG has commented, "Hinged," which the note may well be, but it's invisible through the holder. "Hinged" seems to be used a bit liberally, and our experience is that quite a high percentage of notes cut out of "Hinged" holders are not.
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $1/2 PMG About Uncirculated 53. Two very minor repairs to blank margin areas have been correctly identified by PMG as, "Corner & Margin Repairs." The note has the appearance of a Gem, with broad margins, bold signatures, excellent centering of both sides and tons of eye appeal. An ideal New York note for a high-quality Thirteen Colony set.
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $2/3 PMG About Uncirculated 55 EPQ. Very nicely centered on both sides, with strong print quality. The AU grade - along with the EPQ comment - should assure active bidding.
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $2/3 PMG About Uncirculated 55. Beautifully margined, sharply printed and with the eye appeal of a Gem New example. There is a single, light vertical fold on this essentially pristine example of a rather challenging issue.
From The Collection of a Louisiana Gentleman
North Carolina May 28, 1757 L5 PMG Very Fine 20 Net. PMG has commented, "Split Repair." They've also pointed out that this is the "per Cent" variety. Unpriced in Newman or Friedberg, with the comment, "Very Rare" in Friedberg. This is by far the finest example of this issue that we have handled. Every word of the text, as well as the handwritten date and signatures, are bold and clear. An important note for the North Carolina specialist.
From The Collection of a Louisiana Gentleman
North Carolina April 23, 1761 15s PMG About Uncirculated 50. Incredible grade for this issue, which is almost always found heavily circulated and with myriad problems. This note is beautifully margined, boldly signed and crystal clear in every detail. A very exceptional example.
From The Collection of a Louisiana Gentleman
North Carolina April 23, 1761 20s PMG Extremely Fine 40 EPQ. This is a bright note with light quarter folds. It also has four nice margins and two endorsements on the back. A couple of pinholes are mentioned for cataloging accuracy.
North Carolina December, 1768 20s PMG Very Fine 25 NET. PMG has noted "Tear Repairs," which are all minor and at the top. The note is well signed, well margined, and with much of the visual appeal of a full XF.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 2s6d, £1, 10s Uncut Sheet Gem New. Intact sheets are seldom seen anymore of this issue. This sheet is a real beauty with bold vignettes, dark signatures, and plenty of selvage. The 2s6d note has a skillfully repaired pinhole at top center. The £1 and 10s notes are both problem-free.
North Carolina December, 1771 5s PMG Choice Uncirculated 64. Tight across the top, and with a little very minor handling, but boldly signed, extremely bright, and with the eye appeal of a perfect Gem.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 10s PCGS Gem New 65PPQ. A beautiful note in terrific condition. All four signatures are bold, and the ship vignette has terrific definition, right down to the ropes holding the sails. Not a rare piece, but very hard to find this nice.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 L1 PMG Superb Gem Unc 67. An exceptionally high grade for the issue. It's in an early PMG holder that has not included the EPQ designation, although anything at this 67 level will be reholdered to include the EPQ if you wish. This note is rare at this grade level.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 L1 PCGS Gem New 66PPQ. This note does come nice, but very few will reach this 66 PPQ level. All four signatures are bold, the vignette is sharp and the note clearly exhibits its original paper surfaces.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 L3 PCGS About New 50. A beautifully signed, boldly printed example of this scarcer Three Pound denomination. The back has a number of contemporary endorsements. The popularity of this denomination is due in large part to the Magna Charta at the lower left. Seldom seen this nice.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 L3 PMG Choice Very Fine 35 Net. Beautifully margined and with lots of eye appeal. This note, with its Magna Charta vignette, has one minor split tape repaired on the back, which PMG has mentioned. There is no discoloration, and the split is very difficult to locate.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 L5 PCGS Extremely Fine 45. This is the scarcest denomination from the most common North Carolina issue. The lower denominations from this issue exist in hoard quantities, and most are available in high grade. However, the highest denomination of the issue is seen with far less frequency. In fact, in all of our years dealing with Colonial Currency, we can recall less than a handful of this denomination and issue at the Extremely Fine grade and above.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 £5 Extremely Fine. Beautifully margined all around with bold signatures and a tremendous overall appearance. This £5 example is so far superior to what is normally seen that it is really in a class by itself. The note displays two tiny repaired splits, but no other problems of any kind.
North Carolina April 2, 1776 $1/2 Very Fine-Extremely Fine. This marks the first time this issue has appeared at auction with us in seven years. The paper and printing remain bright though the signatures are a touch faded on this note that carries the crow and pitcher vignette. A bit of staining and edge roughness affects the margins.
North Carolina April 2, 1776 $1 Justice PCGS Very Fine 35. This is the single nicest One Dollar Justice that we have had the pleasure of handling in our 50 sales. It's a beautifully margined piece, with two strong signatures and a razor sharp vignette. A significant note from this very challenging series.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $2 1/2 Hand Clasping Arrows PCGS Extremely Fine 45. The finest example of this variety that we have ever had to offer, and likely one of the two or three finest to exist. All four signatures are strong, and the vignette of a hand clasping thirteen arrows is crystal clear. The note is well margined and totally free of flaws save for the most minor of circulation.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $2 1/2 Liberty Cap PCGS Very Fine 30. This Liberty Cap Over Altar variety is from one of the most fascinating Colonial Currency series. The April 2, 1776 North Carolina notes are with few exceptions quite rare above Fine. This one is not one of the exceptions, and it is seldom seen in decent grade. All four signatures are bold and clear, as is the vignette and all other design elements. An important note in this grade.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $4 Wheat PMG Choice Very Fine 35. A very nice looking problem-free example, with three of the four signatures very bold and the fourth just slightly faded. The margins are terrific, and the note is totally free of flaws.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $5 Extremely Fine-About New. There are two varieties of $5 notes from this 1776 issue. This is the variety with the Triton vignette and in this case it is razor sharp. The note is nicely margined for the issue though a bit trimmed in at the bottom. All four signatures are sharp.
North Carolina April 2, 1776 $5 PMG Choice Extremely Fine 45 NET. PMG has noted, "Split Repairs," which are barely noticeable. All four signatures are bold, the note is very well margined, and the Neptune vignette is extremely sharp.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $6 PMG Very Fine 25. A handsome, mid-grade VF from this extremely popular vignetted North Carolina series. This $6 note shows a squirrel holding a nut.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $7 1/2 PMG Choice Extremely Fine 45. This is an extremely popular issue due to its large number of different denominations, and different vignettes within those denominations. The total issue encompasses more than fifty different varieties, all of which have attractive vignettes. This one, the only $7 1/2 variety, shows an early thirteen-stripe flag. Unusually high grade and most attractive.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $8 PMG Very Fine 20 Net. PMG has noted, "Repaired," which indeed is correct, as the upper left- and right-hand corners have both been well replaced. Save for that, the note grades substantially high-end Very Fine, with a bold rooster vignette and four strong signatures.
From The Collection of a Louisiana Gentleman
North Carolina April 2, 1776 $12 1/2 PCGS About New 50. All four signatures are bold on this beautifully margined example. The vignette of an eagle, with broken arrows in its beak is razor sharp. This design has the lowest printing of any of the 50-plus varieties from this issue. This example is #352 of the 3000 printed.
From The Collection of a Louisiana Gentleman
North Carolina May 15, 1779 $10 PMG About Uncirculated 50. We've handled only seven Ten Dollar examples of this issue, the best of which was another About New in 1991. This note is broadly margined, boldly printed, well signed and extremely attractive. PMG has noted, "Splits." We see only one, and it's very minor. Rare at this grade level.
From The Collection of a Louisiana Gentleman
North Carolina May 10, 1780 $25 PMG Very Fine 25 Net. The legend "What is not to be accomplished by virtue" is the Latin motto. Some reconstruction is mentioned by PMG on this still bright note.
From The Collection of a Louisiana Gentleman
North Carolina May 10, 1780 $250 PMG Very Fine 20 Net. There are only two varieties of this denomination, both of which bear the same Latin motto Quaerenda Pecunia primum est, which Newman translates as, "Money has to be sought first." The two varieties involve the capital "T" at the beginning of the text. It comes either boxed or unboxed. This is the unboxed "T." The upper-right corner tip has been replaced with a piece of plain paper, which PMG has mentioned, and which no doubt accounts for the NET grade, but the note has most of the attributes of a high-end VF.
From The Collection of a Louisiana Gentleman
North Carolina May 10, 1780 $250 PMG Very Fine 30. Held back just a bit by the irregular margin cut across the top
North Carolina May 10, 1780 $500 PMG Choice Fine 15 Net. PMG has commented, "Margin & Tear Repairs," which is correct, though they are rather unobtrusive. Five hundred pieces were authorized, but apparently more were printed, as this is the second example which we have seen with a serial number over 500. It has the look of a solid Very Fine, with the serial number and both of the signatures remaining bold and legible.
From The Collection of a Louisiana Gentleman
Pennsylvania May 1, 1760 50s Very Fine. This note was printed by Benjamin Franklin and David Hall. Only this denomination and the £5 note for this issue were printed in both red and black ink. This example is highly attractive for the grade with three bold signatures and clear text on both sides. Most of the nature print remains sharp and the note is remarkably problem-free for this issue.
Pennsylvania March 20, 1771 5s PMG Very Fine 25 Net. A much scarcer Pennsylvania issue, and in spite of its VF grade and "Margin Restoration" comment, it's one of the better pieces we have seen. The note looks to be a far higher grade, particularly from the face.
From The Collection of a Louisiana Gentleman
Pennsylvania April 3, 1772 18d PCGS Very Choice New 64PPQ. Well margined, boldly signed and a most unusually nice example of the issue.
From The Collection of a Louisiana Gentleman
Pennsylvania October 1, 1773 Four Note Set.
This lot contains an 18d in XF-About New; a 2s6d in XF; a 15s in XF; and a 20s in VF.
Pennsylvania October 1, 1773 2s PMG Choice Uncirculated 64 EPQ. This is a super example for the grade of this columned Pennsylvania issue. The print quality is nothing short of superb. Bold signatures and serial number leap off of the paper and we are hard pressed to see why this note did not make the gem grade.
From The Collection of a Louisiana Gentleman
Pennsylvania October 1, 1773 15s PMG Choice Uncirculated 64 EPQ. With just a tad more margin, this "EPQ" Pennsylvania Colonial, with its evocative farm scene on the back, would have no doubt made the Gem grade.
From The Collection of a Louisiana Gentleman
Pennsylvania October 1, 1773 50s PMG Gem Uncirculated 66 EPQ. This handsome Pennsylvania note has bold signatures, far better than average margins and strong eye appeal. PMG has graded the note 66 EPQ, a grade which very few notes from this colony will ever achieve.
From The Collection of a Louisiana Gentleman
Pennsylvania October 1, 1773 50s PMG Choice Uncirculated 63 EPQ. A very nice example of the highest denomination farm-scene Pennsylvania note. All three signatures are extremely strong, and the eye appeal is excellent.
From The Collection of a Louisiana Gentleman
Pennsylvania April 10, 1775 50s PMG About Uncirculated 53. A nice lightly circulated representative example of this "Workhouse" issue, which bears a vignette of the Philadelphia City Jail on the back. This is the only issue with this vignette, and there are only two denominations printed for this issue.
From The Collection of a Louisiana Gentleman
Pennsylvania April 10, 1775 L5 PCGS Choice New 63. This is the scarcest of the 1770s Pennsylvania types and the higher of the only two denominations in the 1775 issue. The Philadelphia City jail known as the Walnut Street Workhouse appears on the back in a nicely engraved vignette. In fact this issue was authorized to raise money for the construction of jails. This example has two dark signatures in black ink, while the red signature, as is almost always the case, has nearly faded.
From The Collection of a Louisiana Gentleman
Pennsylvania April 10, 1775 L5 PMG About Uncirculated 55 EPQ. This is the scarcest of the 1770s Pennsylvania types and the higher of the only two denominations for this 1775 issue. The Philadelphia City jail known as the Walnut Street Workhouse appears on the back in a sharply engraved vignette. Nicely margined everywhere save for the upper end of the right face margin, which intrudes slightly into the design.
From The Collection of a Louisiana Gentleman
Pennsylvania October 25, 1775 2s PMG Choice Uncirculated 64 EPQ. While certainly not a rare issue, these October 1775 Pennsylvania notes are very hard to find at this grade level. All three signatures are bold, and the note is very well margined.
From The Collection of a Louisiana Gentleman
Pennsylvania October 25, 1775 2s6d PMG Choice Uncirculated 64 EPQ. A very handsome piece, with better margins than are normally seen for the issue, three bold signatures and lots of eye appeal.
From The Collection of a Louisiana Gentleman
Pennsylvania December 8, 1775 30s PCGS Choice New 63. A somewhat scarcer late Pennsylvania issue, with only four different denominations for the date. Well signed and unusually well margined.
From The Collection of a Louisiana Gentleman
Pennsylvania April 25, 1776 Uncut Horizontal Pair 1s, 2s6d Extremely Fine. The one black and one red ink signature are both extremely dark on this note that possesses original paper surfaces. There is a diagonal fold through both notes starting at the lower left corner and extending to the upper right corner. There is also a fold between the notes and a little more handling on the right note. This is an unusual issue for multiples.
Pennsylvania April 10, 1777 6d PMG Choice Uncirculated 64. What would otherwise have been a perfect Gem was likely held back from that grade by a light stain at the upper right that shows on both sides.
From The Collection of a Louisiana Gentleman
Pennsylvania April 10, 1777 20s PMG Choice Uncirculated 63. PMG has typoed this as a 222b. It is in actuality an "a" note, an error which they will be happy to fix for the buyer. The note is well signed and very attractive. While quite common up through XF, this is really a pretty scarce note in this grade.
From The Collection of a Louisiana Gentleman
Two April 1781 notes. The 6d note is in a PMG Choice Very Fine 35 holder, while the 9d note resides in a PMG Very Fine 25 slab.
Rhode Island May 22, 1777 $1/24 PMG Choice Uncirculated 64 EPQ. A stunning example from this early Rhode Island issue that is as nice as any this cataloger can remember having seen in a long time. But for the left margin being a little tight at the bottom this note exhibits all of the paper quality of a Superb Gem. There is mountainous embossing across the entirety of the paper surfaces, and the note is crisp and crackling fresh. The bold "W. Arnold" signature is pronounced as is the serial number. An AU sold in one of our sales quite some time ago for about $1,500, and this example is far superior to that one.
From The Collection of a Louisiana Gentleman
Rhode Island May 22, 1777 $1/8 PMG Very Fine 20 NET. The PMG comment, "Pieces Re-attached,"seems rather drastic, as no trace can be found through the holder. The note has the appearance of a solid problem-free VF. It's well numbered, well signed and although the margins are close, they are better than the normally cut-in margins one sees on this scarce issue.
Rhode Island July 2, 1780 $3 PMG Superb Gem Unc 67 EPQ. An exceptional note displaying even margins and bold inks.
Rhode Island July 2, 1780 $3 PMG Gem Uncirculated 65 EPQ. A boldly printed, exceptionally well centered Rhode Island Guaranteed note that has earned the Gem 65 grade and the Exceptional Paper Quality comment.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $3 PMG Choice Uncirculated 64 EPQ. A pristine example which is fully signed and issued, including the guarantee on the back. Scarce in this grade when fully signed.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $4 PMG Gem Uncirculated 65 EPQ. This piece was clearly cut from the corner of the sheet as much of the selvage is still attached. The paper quality is original and the signatures remain bold.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $4 PMG Choice Uncirculated 64 EPQ. Fully signed and issued, with the United States guarantee signed on the back by Joseph Clarke. No doubt this note, with its EPQ designation, would have made the full Gem grade with just a tiny touch more bottom margin.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $7 PMG Gem Uncirculated 65 EPQ. Fully signed, including the guarantee on the back, which is signed by Jonathan Arnold for the United States. Fully issued Rhode Islands are not easily found at the 65 EPQ level.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $7 PMG Gem Uncirculated 65 EPQ. The left face margin is fully wide out to the deckled edge of the sheet on this "EPQ" Rhode Island Guaranteed Seven Dollar note.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $8 PMG Gem Uncirculated 65 EPQ. Gorgeous face centering, bold signatures and deep, original embossing highlight this 65 EPQ Rhode Island note.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $8 PMG Gem Uncirculated 65 EPQ. The face margins are broad and even on this "EPQ" Eight Dollar Rhode Island.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $3 PMG Choice Uncirculated 64.
Rhode Island July 2, 1780 $8 PMG Choice Uncirculated 63 EPQ. This is an evenly matched pair carrying matching serial number 2112.
Rhode Island July 2, 1780 $20 PMG Gem Uncirculated 65 EPQ. Broad, even face margins and ideal color highlight this Twenty Dollar Rhode Island. This is the highest denomination from the Guaranteed Issue.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $20 PMG Gem Uncirculated 65 EPQ. Clearly cut from an original sheet, as the left and bottom face margins measure very nearly an inch and continue out to the original irregular sheet edge. PMG has assigned the Gem 65 grade as well as the "Exceptional Paper Quality" comment.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 9d PMG Gem Uncirculated 66 EPQ. A very common issue, seldom found in this high a grade.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 9d PMG Gem Uncirculated 66 EPQ. Another gorgeous example, with broad margins, terrific color, knockout original embossing and two positive PMG comments, "Exceptional Paper quality, Great Embossing."
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 2s6d PMG Superb Gem Unc 67 EPQ. A Superb example of this basic Rhode Island type. PMG has granted it the elusive 67 grade as well as the "Exceptional Paper Quality," comment.
From The Collection of a Louisiana Gentleman
South Carolina March 6, 1776 L15 PMG Choice Very Fine 35 NET. PMG notes, "Split Repairs," which refers to very minor patching at the top and bottom of the center fold. The visual appeal of this South Carolina 1776 note is exceptional. The seal, in particular, is unusually sharp, with every detail of the Rattlesnake fighting the British lion, as well as every letter of the Latin motto, crystal clear. The Latin MAGNIS INTERDUM PARVA NOCENT roughly translates to, "Sometimes small things do harm to big ones."
From The Collection of a Louisiana Gentleman
South Carolina March 6, 1776 L25 PMG Fine 12 Net. PMG has noted, "Split Repairs," which is indeed correct. Nonetheless, this is an outstanding example for this issue and denomination. It's boldly printed, very well signed and with an unusually strong vignette.
From The Collection of a Louisiana Gentleman
South Carolina March 6, 1776 L50 PMG Very Good 10 Net. PMG has commented "Ink Burn, Piece(s) Missing". The description is accurate, and save for that, this seldom seen note would be a solid Very Fine. It is beautifully printed, and the elaborately engraved seal area is perfect and undamaged.
From The Collection of a Louisiana Gentleman
South Carolina December 23, 1776 $2 PMG Gem Uncirculated 65 EPQ. PMG has bestowed a higher grade only on two of these as of this writing. This Remainder is signed by J. Wakefield only. The paper surfaces exhibit their wonderful attributes through the PMG holder.
From The Collection of a Louisiana Gentleman
South Carolina December 23, 1776 $3 PMG Gem Uncirculated 65 EPQ. A gorgeous Remainder note, with huge margins, signed by Wakefield only.
From The Collection of a Louisiana Gentleman
South Carolina December 23, 1776 $3 PMG Choice Uncirculated 64 EPQ. A well margined Remainder note that bears the signatures of both Wakefield and Dart.
From The Collection of a Louisiana Gentleman
South Carolina December 23, 1776 $4 PCGS Gem New 65PPQ. The original paper surfaces of this note are clearly visible through the third-party holder. This remainder is signed by Dart and Wakefield only. It is well margined, bright, and attractive. The note is denominated in both US dollars and British pounds (£6 10s.) Partially signed remainders such as this piece represent the only real opportunity to obtain this issue in top grade, as fully signed notes are virtually unknown in grades of About New and higher. Nice examples like this one are avidly sought when they reach the market.
South Carolina December 23, 1776 $4 PMG Choice About Unc 58 EPQ. This Remainder note, signed by Wakefield only, likely has a light fold somewhere, but through the third-party holder, it carries the full appearance of an uncirculated piece.
From The Collection of a Louisiana Gentleman
South Carolina December 23, 1776 $8 PMG About Uncirculated 55 EPQ. Wholly unsigned, which is actually a rare form for this issue. Partially signed Remainders are the most common pieces, followed by fully issued notes. If recollection serves us, this is the first totally unsigned piece that we have seen.
From The Collection of a Louisiana Gentleman
South Carolina December 23, 1776 $20 PMG About Uncirculated 55. Fully signed and issued, and quite scarce thus. The Twenty Dollar denomination is rarely seen, either as a Remainder or an issued note. When issued notes are seen, they are generally quite heavily circulated. A fully signed high-end example such as this, particularly of the $20 denomination, is quite rare.
From The Collection of a Louisiana Gentleman
South Carolina February 14, 1777 $30 PMG Extremely Fine 40. A problem-free, attractive example with a clear vignette of a man walking carrying a heavy pack. The Latin motto surrounding him reads, "MISERA SERVITUS OMNIS" which loosely translates to, "All slavery is misery."
From The Collection of a Louisiana Gentleman
South Carolina April 10, 1778 5s PMG Choice Uncirculated 63. The bottom and left margins of this 5s note are full to the edge of the sheet; the top and right margins are also unusually generous. The Phoenix Rising from the Ashes vignette is unusually bold, as are the signatures.
From The Collection of a Louisiana Gentleman
South Carolina April 10, 1778 10s PMG About Uncirculated 55 EPQ. A gorgeous-looking note, with broad margins, strictly original paper surfaces and strong signatures. The appearance of a Gem for the price of an AU.
From The Collection of a Louisiana Gentleman
South Carolina April 10, 1778 15s Extremely Fine. Rare is the only proper description for this note that carries a Rising Sun vignette. To punctuate this point, in over eight years at Heritage we have offered only one example of this design and this is it. Admittedly, the technical grade is somewhat misleading on this note since there are three tape repair strips on the back. The signatures are weak along with the printed "South" in "South Carolina." This is still, overall, a lightly circulated example.
South Carolina April 10, 1778 15s and 20s. The 15 Shillings is graded PMG 12 Net, and the 20 Shillings grades PMG 25 Net. Both notes have some restorations, but in neither case are they particularly meaningful. These are two of the three far rarer denominations from this issue. Both have well printed, problem-free vignettes, and both have the appearance of far-higher-grade pieces.
South Carolina February 8, 1779 $40 PMG Very Fine 25 NET. This note has much of the appearance of an XF, but it has been downgraded for, "Splits, Margin Restoration," which PMG has noted. The repairs are well done and rather difficult to detect. The important, elaborately engraved back design is well away from any restoration.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $50 PCGS About New 50. The original issue specified only $40, $60, $80 and $100 denominations. When the plates for those denominations were prepared, Thomas Coram of Charleston engraved both the faces and the elaborate backs, but he did not sign his work. When $50, $70 and $90 denominations were added later in the year, Coram engraved his name on the back of those three denominations. This $50 denomination bears the "T. Coram Sculp. 1779" in the ground below the knee of the mythical Atlas. Notes of any denomination from this popular and attractive issue are seldom seen in high grade.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $50 PMG Choice Very Fine 35. PMG has noted "Split Repair," which refers to the top of the center fold. The note is somewhat closely margined, but the design is not intruded on on either side. The elaborately engraved Atlas vignette on the back of the note is boldly printed and quite attractive.
South Carolina February 8, 1779 $50 PMG Very Fine 25. Moderately circulated but problem free save for some minor "Splits" that PMG has noted. An extremely popular note due to the elaborately engraved Atlas vignette on the back.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $50 Very Fine. This note was folded into fourths with a vertical and lateral cross fold. The signatures are dark and there is a small spot on the back. Overall, an attractive note that faces up really well.
South Carolina February 8, 1779 $50 PMG Very Fine 20. Well signed, evenly circulated and very attractive for the grade. This is the very popular Thomas Coram-engraved note with the Atlas vignette on the back.
South Carolina February 8, 1779 $60 Extremely Fine. Thomas Coram of Charleston, South Carolina engraved all of the face and back designs for this popular 1779 issue. The face vignette of this denomination is of a seated Liberty figure holding a cornucopia and surrounded by a ribbon with the Latin motto "MUTUA DEFENSIO TUTISSIMA," which Newman translates as "Mutual Defense is Safest." The paper is bright and attractive with all of the printed details remaining bold. A tiny portion of the top margin has been expertly repaired, but it does not detract from the note's overall eye appeal. There is also an approximate quarter inch split at top center mentioned for cataloging accuracy.
South Carolina February 8, 1779 $60 PMG Choice Very Fine 35. PMG has correctly pointed out a small "Margin Tear." The note is somewhat closely margined, and the signatures are a little faded. But this is still far nicer than the normal $60 Coram-engraved South Carolina note.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $70 PMG Extremely Fine 40 EPQ. We sold this note raw in September of 2006, where it was described, "A hugely margined example of this extremely popular issue and denomination. The back vignette is signed by Coram, and it is a particularly boldly printed example of Prometheus bound and his feathered tormentor. We've handled technically higher grade pieces, but the huge margins, signatures and eye appeal of this piece are astounding." We like it every bit as much now.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $70 PMG Extremely Fine 40. PMG has mentioned "Tear," but it is quite minor. As is typical for this colony, there are a few pen notations on the back, but they are clear of the elaborately engraved mythological vignette showing Prometheus in his struggle with a large bird of prey.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $70 Fine. This is always a popular note for the back vignette which shows the daily pain of a bound Prometheus as the eagle Ethon gets ready to eat his liver - again. This is another design by Thomas Coram. This note has most of its handling at center while the lower left corner is a touch weak. The back also shows a small paper disturbance, but overall this appealing note faces up well.
South Carolina February 8, 1779 $80 PMG Very Fine 25. PMG has correctly identified, "Splits" on this Thomas Coram-engraved South Carolina note. The $80 denomination is one of the scarcer four denominations that were part of the original issue. Beautifully centered on both sides.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $90 Extremely Fine Restored. A small hole at the top-center of the note has been nicely repaired, and a stain has been colored over about an inch to the left of the restoration. Save for those two very minor problems, the note is lovely with broad margins, strong signatures, and tremendous eye appeal. Without close inspection, both minor restorations could easily be overlooked.
South Carolina February 8, 1779 $100 PMG About Uncirculated 50. Beautifully margined, very well signed, and one of the better examples we've seen of this much scarcer Coram-engraved $100 denomination. Sure to be a very popular lot.
From The Collection of a Louisiana Gentleman
South Carolina City of Charleston July 6, 1789 1s3d PMG Choice About Unc 58 EPQ. An unsigned Remainder Note of this late date. It's very well margined, nicely printed and held from the uncirculated grade by a few corner folds.
From The Collection of a Louisiana Gentleman
South Carolina City of Charleston July 6, 1789 1s3d. PMG Choice Very Fine 35. A fully signed example, with huge margins, strong signatures and great eye appeal. A scarce and underappreciated note especially when fully signed.
Vermont February 1781 1s Fine-Very Fine Restored. One of the more eye-pleasing Vermonts that we have had the pleasure of handling. At a glance, it appears to be both a solid Very Fine and to be unrestored. On closer inspection, it becomes apparent that the bottom inch of the note is actually from a different note than the top two-thirds. This is very often the case with Vermont notes, and on this particular example, the face-to-back registration allowed for an almost perfect blending of the two pieces. Vermont notes were printed on thin, weak paper that disintegrated rapidly, and fragments of notes are far more common than whole examples. Early collectors often "cobbled together" whole notes from the pieces that were available to them. This is one of the better efforts we've seen, and the note really does look like a solid VF.
Vermont February 1781 1s3d. A near impossible note to grade as it is internally a solid Very Fine, but the corners are extremely rounded, the edges have pieces missing, and there are a number of short splits and holes. As a Vermont, the condition is extraordinary. The note is all from a single original piece, and not a jigsaw puzzle as so many notes are. It is free of repairs and restorations, and, with the exception of the upper-left corner-tip, every bit of the original design is present. Both signatures remain bold, and the note is pleasing enough to satisfy any collector of this very rare series. All Vermont notes are very rare, and most known examples are in extremely low grade. The majority of the known pieces have been pieced together from several different notes, often of different denominations. Vermonts are unpriced in Newman above the Very Good grade. They are printed on thin, weak paper that quickly disintegrated in circulation. Their scarcity is due to the fact that only a single issue was emitted, and that issue, authorized in February of 1781, had its legal-tender status revoked after a little more than a year in circulation. The scarcity was increased by the fact that these notes retained their validity for tax payments, but the Treasury was denied the right to re-issue the bills, and they were burnt when received as taxes.
Vermont February 1781 2s6d Very Fine-Extremely Fine. One of the nicest Vermont notes that Heritage has offered. The piece is solid, beautifully printed and problem-free save for very minor restorations. The horizontal center fold had been split at both ends and is now sealed, and the two upper corner tips have been restored. The restorations are done with consummate skill, making them invisible under all but the closest of expert scrutiny. The note has some margin all around, although it's small in most places. The back design is very well centered on three sides and slightly touching at the top. All Vermont notes are very rare, and most known examples are in extremely low grade. The majority of Vermont Colonials have been pieced together from several different notes, often of different denominations. Vermonts are unpriced in Newman above the Very Good grade. They are printed on thin, weak paper that quickly disintegrated in circulation. Their scarcity is due to the fact that only a single issue was emitted, and that issue, authorized in February of 1781, had its legal-tender status revoked after a little more than a year in circulation. The scarcity was increased by the fact that these notes retained their validity for tax payments, but the Treasury was denied the right to re-issue the bills, and they were burned when received as taxes. The note is sharply printed, and it has tremendous eye appeal. A spectacular piece, fit for the very finest collection.
From The Collection of a Louisiana Gentleman
Vermont February 1781 2s6d PCGS Apparent Very Fine 30. This Vermont note has four wide margins, a characteristic that is seldom seen on notes from this state. The back design is also nicely centered. All Vermont notes are very rare and most known examples are in extremely low grade. The majority of the known pieces have been pieced together from several different notes, often of different denominations. Vermonts are unpriced in Newman above VG. They were printed on thin, weak paper that quickly disintegrated in circulation. Their scarcity is due to the fact that only a single issue was emitted, and that issue, authorized in February 1781, had its legal tender status revoked after a little more than a year in circulation. Their scarcity also was increased by the fact that these notes retained their validity for tax payments, but the Vermont Treasury was denied the right to reissue the notes, and they were burned when received for tax payments. This strongly embossed example has had a few nicely done "repaired splits." We had a raw XF go for over $15,000 in May 2005 making this a great note for the serious Colonial collector to consider.
Vermont February 1781 2s/6d PMG Fine 12 NET. This rare Vermont note is well printed, with strong signatures, and a nice overall appearance. The note has had some restorations, but remains mostly intact. PMG says, "Note Re-enforced & Backed," (yes, they really did say "Re-enforced"). The backing is invisible through the holder, and the note, although partially reconstructed, has a very pleasing overall appearance and is not two different notes as is almost always the case with Vermonts. A very respectable example from this extremely difficult to obtain state.
From The Collection of a Louisiana Gentleman
Vermont Treasury Note March 1784 Sunderland Office 4s8d PMG About Uncirculated 50. This Sunderland note is far rarer than the usually seen Tinmouth variety. It bares the bold dark brown signature of Ira Allen, the brother of Ethan Allen. Ira was one of the founders of Vermont and a leader of the Green Mountain Boys. Throughout the Revolution and the early years of the republic of Vermont, Ira Allen was one of the foremost men in the Vermont government, serving successively as a member of the Committee of Safety, then as Treasurer and Surveyor General. He signed this note during his term as Treasurer. Allen was also the man who designed the seal of the State of Vermont. PMG has noted "Margin Repair" which is a short split at the right of the back. Save for that minor defect, this note is a beauty.
From The Collection of a Louisiana Gentleman
Virginia April 5, 1759 10s PMG Choice Fine 15 Net. This is only the second different pre-1760 Virginia note that we have ever had the opportunity of offering in all of our 50 "Signature" rare currency auctions extending back to 1990. This note is a nice mid-grade example with dark signatures. The PMG label mentions "split and corner restoration," but overall this does not detract from the note. Early Virginias are virtually never seen and this extremely important piece will be eagerly sought by this colony's many specialists, most of whom do not own a single example dated prior to 1773. This entire issue is unpriced in both Newman and Friedberg. Also, PMG has not graded an earlier note and of the two it has graded for this number, this is the higher of the two by five grade points. We would not be at all surprised if this irreplaceable treasure were to realize . . .
Virginia March 4, 1773 L5 PCGS Very Fine 35PPQ. Incredible grade for this oversized tissue-thin Virginia issue. Friedberg lists all the denominations from this issue at $1900 with no price higher. This is one of the very nicest pieces that we have seen, and the 35PPQ grade, though technically accurate, does not even begin to convey what a truly nice piece this is. A great note for the Virginia specialist or for someone endeavoring to assemble a 13-colony set using highly-desirable notes from each colony. A great piece.
From The Collection of a Louisiana Gentleman
Virginia July 17, 1775 L2 Very Fine. This issue came in both large and small sizes for the higher denominations. This is the small size £2 example. It is well signed, well printed, and totally problem-free for the grade. A handsome Virginia note that would be ideal for a mid-grade 13-colony set.
Virginia July 17, 1775 L2 PCGS Extremely Fine 40PPQ. One of the nicest examples we've seen of this issue. The overly large size combined with the extremely thin paper caused these notes to quickly tatter. This one is essentially flawless with only the lightest of circulation, and no tears, splits or missing pieces, which are ubiquitous on this over-sized tissue-thin issue. The signatures and serial number have held up perfectly over the past 230 years and every word is sharply printed in deep, bold ink. An extraordinary note bound for the finest of collections.
From The Collection of a Louisiana Gentleman
Virginia July 17, 1775 £3 Very Fine. This note is just one of two different examples we have been able to offer over the years. The signatures are bold and the print quality remains consistent. There are a few very minor edge problems, but the note is vastly superior to the usual tattered examples seen from this issue due to the extremely thin paper.
Virginia July 17, 1775 L5 PMG Very Fine 20 Net. PMG has noted, "Laminated," which is essentially correct, although "Silked" would have been more accurate. This large-format Virginia is almost always seen in tatters when it is seen at all. It's the highest denomination of the series, and is unusually large for any note, measuring nearly five by six inches. Most denominations from this issue come in both large and small. The £5 is the only denomination that comes in large only. In spite of the silking, this is still an important note in this grade.
From The Collection of a Louisiana Gentleman
Virginia September 1, 1775 20s PMG Fine 12 Net. Strong signatures and a gorgeous ship vignette, along with perfectly clear text and handwriting, are highlights of this example. Some very well done repair work strengthens some edge tears. Thus the "tape repairs" comment on the label for this, the third highest graded note by PMG of this design.
Virginia September 1, 1775 20s PMG Very Good 8 Net. A number of splits have been repaired with paper patches in an attractive fashion on the blank back, thus the "split repairs" comment on the label. The repairs appear to be contemporary to the circulation period. There are no pieces missing nor paper restorations on this scarce and popular type. All of the signatures are perfect, as is the all-important ship vignette.
Virginia October 7, 1776 $6 PMG About Uncirculated 50 EPQ. Quite an unusual grade for any note from this issue. The entire issue is unpriced in Friedberg above the Very Fine grade. PMG has graded two examples, this lovely About New 50 EPQ and a Fine 15.
From The Collection of a Louisiana Gentleman
Virginia October 7, 1776 $6 PMG Very Fine 30 EPQ. The "Exceptional Paper Quality" comment has been correctly assigned to this handsome Virginia note. While the 30 grade may well be technically accurate, the appearance of the note is several grades higher.
From The Collection of a Louisiana Gentleman
Virginia October 5, 1778 $15 PMG Very Fine 30 Net. A great-looking piece that has been net-graded down for a "Tear Repair" that is visible only on the blank back. The appearance of this note is that of a gorgeous XF.
From The Collection of a Louisiana Gentleman
Virginia May 3, 1779 $100 PMG Very Fine 30 Net. This larger sized note is printed on soft paper which is extremely prone to damage. This note has split along its quarter-folds and has been well repaired. The overall appearance of the note is that of a full XF, which is unheard of for this issue.
From The Collection of a Louisiana Gentleman
Virginia May 1, 1780 $4 PMG Gem Uncirculated 65 EPQ. PMG has graded only five notes from this issue at the 65 or higher level. This 65 EPQ is the highest graded $4 denomination. The note's a real beauty, with bold signatures, readily apparent original embossing and exceptional centering of both sides. Rare and quite undervalued in this grade.
From The Collection of a Louisiana Gentleman
Virginia May 1, 1780 $4 PMG Choice About Unc 58 EPQ. This is a clearly superior example of this Virginia Guaranteed issue that is well signed and numbered on the face and also countersigned on the back. It has fully punched through embossing, and the print quality is wonderful. PMG has given the note their EPQ comment. A scarce note in all grades.
From The Collection of a Louisiana Gentleman
Virginia July 14, 1780 $100 PMG Very Fine 20. This one certainly appears to be conservatively graded to us, but these extraordinarily thin Virginia notes are an extreme challenge to grade, as ripples, wrinkles and faux folds are often manufactured into the note. Whatever the technical grade may be, this is a highly desirable example, with very minimal splitting, good signatures and margins that are free of the design all the way around.
From The Collection of a Louisiana Gentleman
Virginia October 16, 1780 $500 PMG Very Fine 25. Beautifully margined and totally free of the ubiquitous tears, splits and edge problems that accompany this extraordinarily thin-paper issue. The VF 25 grade is dead-on accurate, but wholly undamaged as this piece is, it's worth more than the typical multiply split AU.
From The Collection of a Louisiana Gentleman
Virginia March 1, 1781 $250 PMG About Uncirculated 55. A lone horizontal fold is noted on this bright and attractive issue. Where the fold runs into the right edge, there is the slightest of repairs noted by PMG as restoration. High grade examples of this issue are rarely encountered.
Virginia March 1, 1781 $250 PMG Very Fine 25. A well printed, well signed note from this second-to-last Virginia issue.
From The Collection of a Louisiana Gentleman
Virginia March 1, 1781 $750 PMG Choice About Unc 58 EPQ. PMG has granted this Virginia note its Exceptional Paper Quality comment along with the Choice About Uncirculated grade. It is indeed an extraordinary quality piece for this issue, which is printed on very soft paper and seldom escapes damage and edge problems. All three signatures remain bold, and the note is one of the nicer examples we've seen of this issue and denomination.
From The Collection of a Louisiana Gentleman
Virginia March 1, 1781 $750 PMG Extremely Fine 40 Net. PMG points out "Restoration," which is at the upper-right corner tip and also along the center fold. Nonetheless a high-grade and very attractive example from this late Virginia issue.
From The Collection of a Louisiana Gentleman
Virginia May 7, 1781 $10 PMG About Uncirculated 55 EPQ. Heritage has handled only a single example of this issue and denomination. This one is a beauty, with tremendous print quality, far better than normal margins and deep, original embossing visible throughout.
From The Collection of a Louisiana Gentleman
Virginia May 7, 1781 $50 PMG Very Fine 30 Net. PMG had correctly noted "Tape Repairs," but they are modern, well executed and not at all discolored. The appearance of the note is that of a far higher grade.
From The Collection of a Louisiana Gentleman
Virginia May 7, 1781 $1200 PMG Very Fine 25. This $1200 denomination is found only in this final Virginia issue. It's an attractive, solid, utterly problem-free Very Fine.
From The Collection of a Louisiana Gentleman
Virginia May 7, 1781 $2000 PMG About Uncirculated 50 EPQ. The highest denomination of the final issue of Virginia notes. By the early 1780's, inflation had necessitated the issuance of higher-denomination notes. Prior to the July 14, 1780 issue, nothing higher than $100 had ever been issued in Virginia. The October 1780 issue included $500 and $1000 notes, and this final emission of May 7, 1781 issued four denominations of $1000 and above. This note is a solid AU, with lovely signatures, excellent margins and, as PMG attests, "Exceptional Paper Quality."
From The Collection of a Louisiana Gentleman
Four Colonials.
Continental Currency May 20, 1777 $5 VG-Fine
Continental Currency September 26, 1778 $30 Fine, tape, edge split
Continental Currency September 26, 1778 $50 VF
Continental Currency September 26, 1778 $60 XF, glue residue on the back.
Obsoletes By State
Coaling, AL- Coaling Supply Store 50¢ July, 1883 Rosene UNL
An extremely scarce piece of Alabama scrip. Well circulated but intact Very Good, with a few pinholes and a couple of slightly larger body holes at the center.
Eufaula, AL- Eastern Bank of Alabama $1 March 15, 1860 UNL Proprietary Proof
The first of three Proprietary Proof examples from this bank, all with an unlisted bright pink overprint. These Proprietary Proofs were prepared by the American Bank Note Company in the years after the bank's normal Proof examples were made and were done for unknown reasons, in many cases using color overprints that were seldom used on regular bank issues. PMG Choice Uncirculated 64 EPQ.
Eufaula, AL- Eastern Bank of Alabama $2 March 15, 1860 UNL Proprietary Proof
A second Proprietary Proof from this bank, this ensconced in a PMG Gem Uncirculated 65 EPQ holder.
Eufaula, AL- Eastern Bank of Alabama $3 March 15, 1860 UNL Proprietary Proof
The last of this Proprietary Proof trio, with the $3 note again displaying the pink overprint. PMG Choice Uncirculated 64 EPQ.
Eufaula, AL- Eastern Bank of Alabama $5 G8a
A lovely green tinted remainder graded Gem Uncirculated 65 EPQ by PMG.
Eufaula, AL- Eastern Bank of Alabama $10 1850s G10b
This is brightly red tinted remainder graded PMG Gem Uncirculated 66 EPQ.
Eufaula, AL- Eastern Bank of Alabama $10 G10b
A fully brown tinted remainder graded Choice Uncirculated 64 by PMG.
Marion, AL- Selma, Marion & Memphis Railroad Co. $2 Mar. 1, 1871 Rosene 178-2
An always popular issue which is signed as President by N.B. Forrest. About Uncirculated, with the margins a bit trimmed in.
Montgomery, AL- Central Bank $100 Sep. 1, 1855
Only two examples of this scarce denomination have passed through our auctions, with the last appearance in 2005. This piece has solid eye appeal, though a repaired center is noted. On back, there are remnants of where there were once stamp hinges. Very Good-Fine.
Montgomery, AL- Central Bank of Alabama $500 1850s G28a Rosene 231-18 Proof
This is a well printed proof of a denomination that had plenty of purchasing power back then. It was lightly hinged at one time. PMG Choice Uncirculated 64.
Tuscaloosa, AL- City of Tuscaloosa 50¢ May 19, 1862 Rosene 323-9
A rather scarce municipal issue listed as Rarity 7 in the Rosene reference. Nice Very Fine+.
Fort Smith, AR- City of Fort Smith $1 Aug. 1, 1868 Rothert UNL
An excessively rare note which is unlisted in the Rothert Arkansas reference and is the first signed and issued example of this design we've seen. Very Good, with a small split or two, but otherwise sound for the grade.
(Little Rock), AR- $10 Mar. 3, 1863 Cr. 56a
This is the highest PCGS or PMG graded Arkansas Treasury Warrant that we have seen. The next closest Arkansas Treasury Warrant is 41 grade points behind. PCGS Gem New 66PPQ.
Washington, AR- Real Estate Bank of the State of Arkansas $20 18__
Washington served as the wartime Confederate capital for the state. This example is only the second we've handled from this institution. The last sold in 2002 for $448.50 and was not nearly as nice. Fine.
Bridgeport, CT- Merchants Exchange Bank $5 G8a Proof
A lovely fully tinted colored Proof from the American Bank Note Company archives sale. PMG has graded this piece Choice Uncirculated 64 and it displays the normal number of POC at the signature blocks.
Danbury, CT- Wooster House Prize Estate and Cash Fund $2 Feb. 1872
A colorful Obsolete note on solid, original paper. Very Fine.
East Haddam, CT- The Bank of New England at Goodspeed's Landing $1-$1-$2-$5 G16c-G16c-G18c-G22c Uncut Sheet
It is highly unusual for a sheet to weigh in with this grade level and especially so when you consider that for many years of its life no special consideration was given it. PMG Gem Uncirculated 66 EPQ.
East Haddam, CT- The Bank of New England at Goodspeed's Landing $1-$1-$2-$5 Jan. 1, 1865 G16c-G16c-G18c-G22c Uncut Sheet
This is a nicely preserved sheet with notes that are hand-numbered and dated Jan. 3, 1865. Later in this year, this bank would become the National Bank of New England, East Haddam charter number 1480. Remainders on this bank are usually unnumbered and undated. PMG Choice Uncirculated 64 EPQ.
New Haven, CT- The City Bank $5-$5-$5-$10 G52b-G52b-G52b-G68b Uncut Sheet
This well preserved uncut sheet has its nice original paper surfaces. PMG Gem Uncirculated 65 EPQ.
New Haven, CT- The City Bank of New Haven $20, $50, $100 G76c, G84c, G92c
This is a delightful trio of remainders that has been well preserved. The City Bank was opened for business in 1832. In 1915 it merged with the New Haven National Bank, charter number 1243. Choice Crisp Uncirculated.
New Haven, CT- City Bank of New Haven $100 G92c
A lovely remainder in a PMG Gem Uncirculated 66 holder.
New London, CT- Union Bank $3-$10-$20-$50 G176a-G216a-G230a-G236a Uncut Sheet
This is a handsome remainder sheet with detailed vignettes and nice centering. Choice Crisp Uncirculated.
Norfolk, CT- Norfolk Bank $1 18__ G2a
The colors are bold on this crisp remainder. PMG Gem Uncirculated 66 EPQ.
Norfolk, CT- Norfolk Bank $2 G4a
A fully tinted remainder example in a PMG Gem Uncirculated 66 EPQ holder.
Norfolk, CT- Norfolk Bank $20 G14a
A lovely fully tinted remainder example in a PMG Gem Uncirculated 66 EPQ holder.
Stonington, CT- The Stonington Bank $2 Remainder G16a
A gorgeous note, with a vibrant red overprint. The vignette at the upper left depicts whalers harpooning a sperm whale. PMG Gem Uncirculated 66 EPQ.
Stonington, CT- Stonington Bank $2 18xx Remainder G16a
This deeply inked example features the popular whaling vignette. PMG Gem Uncirculated 65 EPQ.
Stonington, CT- Stonington Bank $3 G28a
A lovely example of this fully red tinted remainder note graded as Gem Uncirculated 65 EPQ by PMG.
West Killingly, CT- Eastern Bank $1 UNL Proof
About as nice a black and white ex-ABNCo sale Proof as one could ever hope to obtain. PMG Gem Uncirculated 66 EPQ with the usual 6 POC.
Washington, DC- Absolute Money Political Note $5 July 17, 1878
A nice commentary on the National Greenback-Labor Reform Party's feelings about the paper money being issued at the time. At right is a vignette employing the design from the $3 Gold Piece. On back is the Greenback Platform. Although this piece was not created for that purpose, it turns out to be a great piece for a history buff who enjoys studying the arguments of hard currency versus paper money over the decades. The paper shows three folds and some light handling. There are a couple of splits at top. Very Fine-Extremely Fine.
Washington, DC- Bullion Bank $2 July 4, 1862 G22a
This colorful piece "Payable in U.S. Treasury Notes" is a tougher note in this grade. PMG Gem Uncirculated 65 EPQ.
Washington, DC- Chesapeake & Ohio Canal Company 25¢ Aug. 10, 1837 Proof
A Proof example of this very rare 1837 issue. PMG Choice About Unc 58 EPQ, a lovely example.
Washington, DC- Mercantile Bank $2 G4
A multi-colored remainder graded Gem Uncirculated 65 EPQ by PMG.
Washington, DC- The Merchants' Bank $1-$3-$1-$5 July 1, 1852 G2-G4-G2-G6 Uncut Sheet
This is only the second time we have encountered an uncut sheet on this fraudulent bank. Three presidents are pictured on different notes - Millard Fillmore, Andrew Jackson, and Zachary Taylor. Choice Crisp Uncirculated.
Washington, DC- Patriotic Bank of Washington $5 18__ Proof G34
An attractive proof printed on bright white India paper. The grading service mentions a margin split, though we cannot find it in the holder. PMG Uncirculated 62.
Appalachicola, FL- Bank of West Florida $10 November 18, 1832 G32 Freeman 4
This bank failed shortly after this scarce note was issued. Ten 1799 and 1800 Draped Bust Dollars are pictured at right. Representations of coins on Obsoletes are a popular collecting area. The upper left margin is trimmed in a little. Bright Fine.
Fernandina, FL- Bank of Commerce $20 18__ G6b Freeman 3
Unlike many examples from this bank, this piece is not reconstructed but instead was cut from a sheet of State of Florida 10¢ notes, which were printed on the plain backs of these remainder sheets during the Civil War. Very Fine-Extremely Fine, with the bottom selvage still attached.
From The Norman Collection
Fernandina, FL- Bank of Fernandina $5 Dec, 1, 1859 Freeman G2a
An attractive signed and issued example with a bold red overprint on the side panels. Nice Fine.
From The Norman Collection
Fernandina, FL- Bank of Fernandina $5 May 1, 1860 Freeman G2a
A second example, this with a few minor edge repairs on the reverse. Fine.
From The Norman Collection
Fernandina, FL- Florida Rail Road Company 50¢ Freeman 9
A lovely example which is very close in grade to the Amelia Island specimen which realized $862.50 in January. Most would grade this uncirculated, but due to a very light corner fold we will be conservative and call it Choice About Uncirculated.
From The Norman Collection
Fernandina, FL- Florida Rail Road Company 50¢ Freeman 9
A second example, fully as nice as the piece above save for a couple of light mounting remnants on the reverse. Choice About Uncirculated.
From The Norman Collection
Fernandina, FL- Florida Rail Road Company $2 Jan. 1, 1861 Freeman 11
An extremely scarce note in any grade. Very Good, with a bit of graffiti on the back that affects nothing.
From The Norman Collection
Jacksonville, FL- Florida Atlantic & Gulf Central Rail Road Co. $1 Freeman 10
This green reverse example is a very scarce note when found signed and issued, as is this piece. Very Good-Fine.
From The Norman Collection
Jacksonville, FL- Bank of Jacksonville $1-$1-$2-$3 G2-G2-G4-G6 Freeman 1-1-2-3 Uncut Sheet
This bank had two lifetimes within a span of five years. This is only the second sheet that we have handled on the Bank of Jacksonville. This sheet has a couple of light counting crinkles, but no folds. Choice Crisp Uncirculated.
From The Norman Collection
Tallahassee, FL- State of Florida $100 Oct. 10, 1861 Cr. 2
Trimmed a bit close at the top, but fully Uncirculated, with one tiny age spot that affects little.
Tallahassee, FL- State of Florida $20, $50 Oct. 10, 1861 Cr. 4, 3
Two well matched examples which both grade a pleasing Fine-Very Fine.
Tallahassee, FL- State of Florida $10 March 1, 1863 Cr. 15
Unlike the lower denominations in this issue, the $10 note from this issue is very scarce and seldom available. There are a couple of hinge remnants on the back, along with a tiny rust spot in the top margin, but the colors are bright and the note otherwise quite nice. Fine-Very Fine.
Tallahassee, FL- State of Florida $2 March 1, 1863 Cr. 18
A bright example which is far above average. Crisp Uncirculated.
Tallahassee, FL- State of Florida $2 March 1, 1863 Cr. 18
Well margined Uncirculated, with the paper a bit toned.
Tallahassee, FL- State of Florida $5, $10 March 1, 1864 Cr. 34, 32
Two pieces, the $5 Fine-Very Fine, the $10 a nice Very Fine.
Tallahassee, FL- State of Florida $10 March 1, 1864 Cr. 33
Our experience shows that this is a seldom encountered Criswell number, with this example being also one of the nicest that we have handled. PMG Extremely Fine 40 EPQ, countersigned.
Tallahassee, FL- State of Florida $5 March 1, 1864 Cr. 34
A pair of these popular notes, each grading Crisp Uncirculated. Both show somewhat aged paper.
Tallahassee, FL- State of Florida $3 January 1, 1864 Cr. 35
Tallahassee, FL- State of Florida $5 March 1, 1864 Cr. 37
We have seen very few of these over the years, but since being at Heritage, these two weigh in with the highest grades so far with their respective Criswell numbers. Both are graded by PMG with the $3 earning an About Uncirculated 55 EPQ, countersigned and the $5 having a grade of Extremely Fine 40, countersigned.
Appalachicola, FL- Bank of West Florida $5, $10 Nov. 18, 1832 G30, G32 Freeman 3, 4
Jacksonville, FL- Bank St. Johns
$5, $1, $3 Oct. 1, 1859, Mar. 1, 1862 G2b, UNL Freeman 16, 25, 27
Pensacola, FL- Bank of Pensacola
$2 June 1, 1837 G8
Six notes, grading Fine, Fine-Very Fine, Very Good, Fine, Good-Very Good, and Fine-Very Fine respectively.
From The Norman Collection
Augusta, GA- The Bank of Augusta $5-$5-$5-$5 G66-G66-G66-G66 Uncut Sheet
This is a scarce early 1830s sheet with this example having folds between the notes. Extremely Fine.
Augusta, GA- The Augusta Insurance & Banking Company $10; $20; $100 1860s G30a; G40a; G54a
These are well executed ABNCo antebellum notes. The $10 has a small hole at center while all three were once mounted with stamp hinges. Fine.
Augusta, GA- The City Bank $20 18__ G10b Proof
A spectacular fully red-orange tinted ex-ABNCo sale Proof mounted on light card stock. Very Choice Crisp Uncirculated, with 4 POC, a beautiful note worthy of a strong bid.
Columbus, GA- Bank of Columbus $1 Jan. 10, 1858 G10b Proof
Another lovely ex-ABNCo archives sale Proof, this on card stock with the usual 4 POC. This all orange tinted piece has been graded Choice Uncirculated 64 EPQ by PMG.
Columbus, GA- Bank of Columbus $5 Sept. 1, 1856 UNL Proof
A black and white ex-ABNCo sale proof which has been graded Choice Uncirculated 64 EPQ by PMG.
Columbus, GA- Mobile & Girard Railroad Company $3 July 1, 1862
A very scarce denomination from this issuer, with this piece printed on the reverse of an Alabama railroad bond. PMG Choice Fine 15.
Macon, GA- City Council of Macon $2 March 20, 1840
We've seen several fractionally denominated examples from this issue, but this is the first full size dollar denominated specimen we've seen or handled. Fine or thereabouts, with a couple of small nicks, holes, etc., but showing no real problems.
Macon, GA- Manufacturers Bank $5 May 1, 1862 G24a
A lovely fully green tinted example in a PMG Choice Uncirculated 64 holder. PMG notes "Hinged" on the holder, but the hinge remnants can not be seen through the PMG encasement.
Milledgeville, GA- State of Georgia $100 February 1, 1863 Cr. 6E
This note has the red protector panel inverted as it does not come into contact with the "One Hundred Dollars" panel. This note is also missing a Georgia Treasury Seal stamping on the back. This variety will be listed as 6E in the next edition of Hugh Shull's, A Guide Book of Southern States Currency. PMG Choice About Unc 58 EPQ.
Morgan, GA- Bank of Morgan $1 18__ G2a Proof
A lovely ex-ABNCo sale Proof in a PMG Gem Uncirculated 66 EPQ holder.
Morgan, GA- Bank of Morgan $10 18__ UNL Proof
A lovely ex-ABNCo sale proof with great vignettes. There are a few as-made paper wrinkles, but this note is fully Choice Crisp Uncirculated, with the usual 4 POC.
Newnan, GA- Newnan Clearing House Association $1, $5, $10, $20 Shafer UNL
A set of four pieces, all undated but clearly Depression scrip by their appearance. They are unlisted in the Shafer reference, which lists no scrip whatever from this location. All are unissued, but were redeemable at the somewhat grandly named "Newnan Clearing House Association," which consisted of just two Newnan banks, the First NB and the Manufacturers NB. Crisp Uncirculated.
Savannah, GA- Merchants & Planters Bank $5 18__ G8a Proof
An attractive ex-ABNCo sale Proof with a red protector overprint. Very Choice Crisp Uncirculated, 4 POC.
Coeur D'Alene, ID- Coeur D'Alene Water Supply Company $5 April 8, 1885
An interesting and rather scarce Idaho obsolete which is payable in water. Bright Crisp Uncirculated, a bit nicer than the Ford sale specimen which realized $805.
From The Sandpoint Collection
Idaho City, Idaho Territory- B.M. DuRell & Co. $20
A lovely unissued remainder from this rare Territorial issue. It is banknote size and is payable at the First National Bank of Idaho at Boise City, Idaho Territory. These notes date from the 1860's, and were printed before Mr. DuRell took on Mr. Moore as a partner. The Ford catalogue description for the specimen offered there indicated the cataloguer believed around six examples of this note were known, which sounds about right to us. This piece is considerably nicer than the Ford specimen, and should easily reach the mid-five figure range before the hammer falls. Bright About Uncirculated, with just the slightest of foxing around the edges.
From The Sandpoint Collection
Silver City, Owyhee (Idaho Territory)- DuRell & Moore $10
An extremely scarce circa 1860's piece of scrip which was payable at the First National Bank of Idaho at Boise City, Idaho Territory. All of the known notes from this issuer are remainders, with this denomination featuring a vignette of General Grant, a Conestoga wagon with the motto "Ho! For Idaho" at the bottom center, and a reverse vignette of "Quartz Tunneling, Idaho" at the back center. This piece is nicer than that offered in the Ford collection sale, as that example had a tear and some margin roughness, while this piece is a lightly folded Very Fine-Extremely Fine specimen. The Ford note brought $7475 last year, and this note should easily reach or exceed that figure.
From The Sandpoint Collection
Caledonia, IL- Bluff City Bank $5 18__ S5
This is a rare spurious remainder created from a modified fraudulent plate originally intended to counterfeit $5s on the Lafayette Bank of Bloomington, Illinois. Fine-Very Fine with a dark green overprint.
Carmi, IL- Bank of Carmi $5 18__ Proof G6a
Each of the issues listed in Haxby is listed SENC, except for the $2. This colorful proof is only the second we've handled from the bank. The overprint is especially bold and the printed details are perfect. Very Choice Crisp Uncirculated.
Carmi, IL- Merchants' Bank $3 Aug. 9, 1860 Proof G6a
Each of the Carmi Banks listed in Haxby failed by 1861, including this institution. It is likely that proof examples for the $1, $2, and $3 denominations were printed, as the only known issued notes are the $5 and $10 denominations. This piece is vividly colored with gorgeous design elements and vignettes. The cardstock it is mounted to is a little thinner than usually encountered on Proofs, and six POCs are noted. A vignette proof that matches the vignette on the lower right corner of the note is also included in this lot. Gem Crisp Uncirculated.
Chicago, (IL)- The Mechanics Bank $1-$1-$3-$5 UNL Uncut Sheet
This is an unlisted bank with each note on the sheet missing the state die. The sheet is likely a later ABNCo product printed on unusually thick white paper. The $5 shows light handling. Choice About Uncirculated.
Galena, IL- The Bank of Galena $1 Oct. 1, 1856 G2a
A lovely example of this very rare note. Bright Very Fine-Extremely Fine.
Kewanee, IL- Philadelphia Cash Store 25¢
A truly rare piece of Civil War scrip which we've not previously had in any of our sales. Extremely Fine.
Springfield, IL- Internal Improvement Office $1, $2, $3, $5, $10 1840
These notes are handsome with original paper surfaces. One note has a toned upper left corner tip. Choice Crisp Uncirculated.
Springfield, IL- State Bank of Illinois $20 Jan. 1, 1838 UNL
This is an exceptionally rare note, as Haxby lists this design as "No Description Available" for a $20 issued from any of this bank's branches. This piece comes from the branch at Galena, where Haxby lists every denomination as SENC. About Fine.
Springfield, IL- State Bank of Illinois $10 Jan. 1, 1859 G96
A very scarce note payable at the bank's branch in Danville. Fine+++.
Urbana, IL- Grand Prairie Bank $2 18__ UNL Proof
A well margined and pristine ex-ABNCo sale Proof. Choice Crisp Uncirculated, with the usual 4 POC.
Columbus, IN- Kentucky Stock Bank $10 G10a Wolka 128-6
A beautiful fully tinted remainder example which is rare in any grade. It is listed as a Rarity-7 in the Wolka reference, and this PMG graded Gem Uncirculated 65 EPQ piece is as nice as any we've ever seen or handled.
Evansville, IN- Evansville Business College $10 187_ Schingoethe IN300-10
The first of a trio of these very rare college notes, all listed as R-7 in the Schingoethe reference. Nice Fine-Very Fine.
Evansville, IN- Evansville Business College $20 187_ Schingoethe IN300-20
A bit more worn, with a couple of interior and margin splits, but still decent and quite rare. This denomination is unlisted in the Wolka Indiana reference. Fine.
Evansville, IN-Evansville Business College $50 Schingoethe UNL
This denomination is unlisted in both the Schingoethe and Wolka references. Pleasing Fine-Very Fine.
Kokomo, IN- Indian Reserve Bank $5 April 5, 1854 G6 Wolka 346-3
This represents the discovery note from this hitherto unreported bank, as every note from this institution is listed as SENC in Haxby save for one raised example. This bank was short-lived to say the least, as it opened and closed in 1854. A victim of bad luck, it was struck by robbers who stole all of the county tax receipts which had been deposited there, causing the bank to close just a few months after it opened. PMG Good 6 Net, with "Internal Tears," low grade but almost certainly unique.
La Porte, IN- La Porte & Plymouth Plank Road Company $1 June 3, 1857 Wolka 386-1
This fully tinted piece is about as nice an obsolete as one could ever hope to find, as PMG has awarded its very seldom seen grade of Superb Gem New 67 EPQ to this example. Any estimate for a note of this quality is simply a guess, but if recent auction prices realized are any guide, expect bidding to reach and perhaps exceed...
Peru, IN- State of Indiana $5 184_ INW658-2 Proprietary Proof
This attractive and well embossed issue is a "Proprietary Proof" as indicated by the stamp on back, "Property of American Bank Note Co." We have handled only one other example from this issue. That piece appeared in our 2002 Central States Signature Auction and realized $632.50. PMG Gem Uncirculated 66 EPQ.
Vincennes, IN- Office of the Steam Mill $2 Dec. 18, 1818 Wolka 838-4
This early Indiana issue was the first of two distinct emissions from this business, which was destroyed in a fire in 1821. The first issue, which was "Payable in Current Paper" is by far the scarcer of the two, with both this denomination and the $3 offered below listed as Rarity 7 in the Wolka reference. Fine-Very Fine, with a corner off.
Vincennes, IN- Office of the Steam Mill $3 Jan. 1, 1819 Wolka 838-5
A rare early $3 from this issuer, and even nicer than the $2 offered above. Very Fine-Extremely Fine.
Vincennes, IN- Office of the Steam Mill $1, $2 Oct. 8, 1819, Nov. 24, 1819 Wolka 838-2, 838-3
The second type issued from here, different in format from the first and slightly more available, with the $1 a Rarity 7 in Wolka and the $2 a Rarity 6. Both notes are nicely matched in grade, with each grading Fine+.
Camanche, IA- Great Western Rail Road Co. of Iowa $1, $2, $5 Jan. 1, 1858 Oakes 20-1, 20-2, UNL
A three piece set, with each note bearing two POC at the top. When the Oakes reference was written the $5 note was unknown, but a small group has turned up in recent years, all of which were high grade examples. Uncirculated, an unusually high quality set.
Dubuque, IA- The Dubuque and Sioux City Rail Road Co. $2 July 12, 1862 Oakes 52-2
An extremely scarce Iowa railroad issue with a bright red tint on the front. Fine in appearance, but with a few repairs.
Dubuque, IA- The Dubuque and Sioux City Rail Road Co. $5 May 27, 1861 Oakes 52-4
Excessively rare, and Fine for the portion that is present, but with a large piece missing on the right side. There are several POC at the signatures.
Dubuque, IA- The Dubuque Central Improvement Company $1 (5) Oakes 48-1
Five pieces, most Uncirculated or very close, a couple a bit aged. All have the stockholders list of names on the reverse in blue ink.
Dubuque, IA- The Dubuque Central Improvement Company $1 Dec. 28, 1857 Oakes 48-1a
The much scarcer variety with the stockholders names printed in black on the reverse. Very Fine.
Dubuque, IA- The Dubuque Central Improvement Company $3 (4) Oakes 48-2
Four pieces, all Uncirculated.
Dubuque, IA- The Dubuque Central Improvement Company $3 Dec. 23, 1857 Oakes 48-2a
The very scarce variety with the names of the stockholders printed in black on the reverse. Judging from the dates on each of the notes from this issuer, the black ink variety was issued first for a very short period between December, 1857 and the end of January, 1858, with the blue ink back used thereafter. Fine-Very Fine, with a bit of paper aging.
Dubuque, IA- The Dubuque, Marion & Western Rail Road Company $3 June 15, 1861 Oakes UNL
Similar in design to Oakes 51-3, but the illustration in the Oakes reference matches that of the note below, which has a handwritten obligation. This note lacks that obligation and is clearly from this company's first issue. Nice Very Fine, with several POC at the signatures, an extremely rare note.
Dubuque, IA- The Dubuque, Marion & Western Rail Road Company $3 June 15, 1861 Oakes 51-3
Identical in design to the note above, but with the written obligation "on the second of Jany 1862" below the central vignette. Very Fine, also with several POC at the signatures, rare.
Dubuque, IA- The Dubuque Western Rail Road Compy. 50¢ Feb. 15, 1858 Oakes 53-2
While most of the dollar denominated issues from this company are quite easily found, this fractional piece is a major Iowa rarity, particularly in this state of preservation. Bright Very Fine+, listed as Rarity 7 in the Oakes Iowa reference.
Dubuque, IA- The Dubuque Western Rail Road Compy. $1 Feb. 3, 1858 Oakes UNL
Completely different in design and obligation than Oakes 53-3, which is the only listed $1 note from this issuer. Very Fine, rare.
Dubuque, IA- The Dubuque Western Rail Road Compy. $1 (2), $3, $5 (4), $10 (4) Oakes 53-3 53-4, 53-5, 53-6
A nice grouping from this issuer, with the two $1 notes Uncirculated, the $3 example About Uncirculated, the $5 notes Extremely Fine (3) and Very Fine, and the $10 notes Uncirculated, About Uncirculated and Extremely Fine (2) respectively
Dubuque, IA- Lumbermen's Bank (E.L. Fuller) $1-$2-$3-$5 Sept. 1, 1857 Oakes 55-1a-55-2a-55-3a-55-4a Uncut Sheet
The first of two uncut sheets from this issuer, and the nicer of the pair. These sheets are quite scarce, with Tom Flynn having acquired this from us in the mid-1990's. Extremely Fine+.
Dubuque, IA- Lumbermen's Bank (E.L. Fuller) $1-$2-$3-$5 Sept. 1, 1857 Oakes 55-1a-55-2a-55-3a-55-4a Uncut Sheet
A second uncut sheet from this well collected issuer, this from the R.M. Smythe sale of June, 1995. Very Fine-Extremely Fine.
Dubuque, IA- Lumbermen's Bank (E.L. Fuller) $1 (2), $2 (2), $3 (2), $5 (2) Sept. 1, 1857 Oakes 55-1, 55-1a, 55-2, 55-2a, 55-3, 55-3a, 55-4, 55-4a
A complete set of notes from the peripatetic Mr. Fuller, who operated companies in Dubuque, Rockford, Illinois, and Grand Haven, Michigan. All denominations come in two varieties, with the only design difference being the addition of the words "individual Liability" at the top of the note. All are fully signed and issued save for the Oakes 55-1a, which is an About Uncirculated remainder. Grades on the seven other pieces are generally in the Fine-Very Fine category, save for one of the $2 notes which displays some tape residue.
Dubuque, Wis. Terr.- Miners Bank $5 G14 Oakes 57-1
This bank was organized when Dubuque was still part of the Wisconsin Territory, between the organization of city government in Dubuque in 1833 and its incorporation into the newly organized Iowa Territory in 1838. For the sake of simplicity, we are including the Wisconsin Territory designated issues from this bank in the Iowa section, although technically they belong in the Wisconsin obsolete listing. This specimen is a post note, and, like all notes from this institution, even those "filled in," exists only as a remainder. Very Good-Fine, quite scarce.
Dubuque, Wis. Terr.- Miners Bank $5 Sept. 7, 1851 G2 Oakes 57-2
Very nice grade for this territorial note. Very Fine, falsely filled in.
Dubuque, Wis. Terr.- Miners Bank $10 G16 Oakes 57-3
A very scarce post note issued from the Wisconsin Territory. Very Good+, with a few small pieces missing from the upper left corner.
Dubuque, Wis. Terr.- Miners Bank $50-$100-Post Note X2 Oakes 57-5, 57-6, 57-7 Uncut Sheet
One of the great items of the Flynn Dubuque obsolete holdings, as this sheet is prohibitively rare as both single notes and as an uncut sheet. This $50-$100-Post Note sheet is lovely as it lays, with just a bit of roughness in its large right margin. The notes themselves easily grade Very Fine, as does the sheet. Any estimate here is but a guess, but if rarity and desirability are any guide, expect this Territorial item to easily reach and perhaps well exceed...
Dubuque, Iowa Terr.- Miners Bank of Dubuque $5 G2 Oakes 58-1
An excessively rare Iowa Territorial issue payable at the Mechanics & Traders Bank of Cincinnati, Ohio. About Uncirculated, with a small corner restoration at the top left, a rare note indeed, especially in this state of preservation.
Dubuque, Iowa Terr.- Miners Bank of Dubuque $5 G10 Oakes 58-2
A second Territorial issue $5, this a remainder (as are all notes from this bank) with the location for payment not filled in. Very Fine-Extremely Fine, another very rare note.
Dubuque, Iowa Terr.- Miners Bank of Dubuque $10 G6 Oakes 58-3
A lovely example which is payable at the Mechanics & Traders Bank of Cincinnati. The location of these notes, which come from the first Iowa Territory issue, is noted as "Dubuque Lead Mines, Iowa Territory," indicative of the early settlement of Dubuque which was centered on the lead mines whose extraction had been started by the earliest French settlers as early as 1690. Very Fine.
Dubuque, Iowa Terr.- Miners Bank of Dubuque $20 G12 Oakes 58-5
An exceedingly rare note from the Iowa Lead Mines territorial issue. Very Fine-Extremely Fine.
Dubuque, IA- Miners Bank of Dubuque $5 Oakes 59-1
A high grade example of the bank's last issue, which were actually carefully concealed certificates of deposit masquerading as banknotes. About Uncirculated.
Dubuque, IA- Miners Bank of Dubuque $5 Oakes 59-1
An interesting example of how these remainders were altered for circulation, as this piece is falsely numbered and filled in. Extremely Fine.
Dubuque, IA- Miners Bank of Dubuque $10 Oakes 59-2
A $10 example from the certificate of deposit issue. Fine, but stained and with a small body hole.
Dubuque, IA- Miners Bank of Dubuque $20 Oakes 59-3
The very scarce $20 note from the last bank issue. Very Fine, rare.
Dubuque, IA- Smith & Cameron 5¢ Dec. 1, 1862 Oakes 60-12
An extremely rare note listed in the Oakes reference under the State Bank of Iowa, which is where this example was payable. It was however, scrip issued by Smith and Cameron. Listed as Rarity-7 in Oakes, this marks the first example of this denomination we've seen listed for sale. Fine, with some penciled graffiti on the back.
Dubuque, IA- State Bank of Iowa $1 July 1, 1861 G84 Oakes 60-6
The second issue from the Dubuque branch of the State Bank of Iowa, with each note fully red tinted and printed by the National Bank Note Company. All of these notes are excessively rare, with the four pieces offered here the only ones Tom Flynn was able to obtain in a lifetime of collecting. Very Good, with a split at the top.
Dubuque, IA- State Bank of Iowa $2 July 1, 1861 G88 Oakes 60-7
A great note which serves as the Oakes reference plate example. Very Good-Fine, with excellent color and appearance for the grade.
Dubuque, IA- State Bank of Iowa $5 Set. 1, 1863 (?) G96 Oakes 60-9
An excessively rare note which is listed by Haxby as SENC (as are all of the $5 notes from this branch of the State Bank of Iowa), and as R-7 by Oakes. The Dubuque branch was in operation from early 1859 until the affairs of the bank were wound up in 1865. As did several of the bank's branches, the Dubuque branch assumed a national charter and its assets were transferred to the new National State Bank of Dubuque. Fine.
Dubuque, IA- State Bank of Iowa $10 UNL Oakes 60-10 Proof
A magnificent Proof example which is about as spectacular as any obsolete Proof we have ever been privileged to handle. It is unlisted in the Haxby reference, and listed by Oakes as Rarity 7, although he mistakenly describes its color as "orange," when instead it is a bright red. The note is mounted on light card stock and bears the usual POC at the signature blocks. It is not an ABNCo sale item, and, if another exists, we've not ever seen it. Uncirculated, and clearly one of the highlight items from the Tom Flynn Dubuque collection.
Dubuque, IA- State Bank of Iowa $10 Jan. 1, 1864 G98 Oakes 60-5
An excessively rare note from the Dubuque branch of the State Bank of Iowa. It's a simply spectacular piece with a map of Iowa counties in its central vignette along with a bright red reverse. Expect some serious bidding before the hammer falls on this prize tonight. Fine-Very Fine.
Lyons City, IA- Treasurer of Lyons City $1, $2, $5 1859 Oakes 89-1, 2, 3
This is a complete denomination set on this issuer. The $1 grades Fine-VF, PC and the $2 and $5 grade VF, PC. A few pinholes are scattered among this trio.
McGregor, IA- Corporation of McGregor 10¢ Dec. 1862 Oakes 98-2
An extremely scarce piece of Iowa scrip which we've not had in any previous sale. Fine, with a split which is tape repaired on the back.
Ft. Leavenworth, KS- Merchants Bank $3 Aug. 21, 1854 G4 Whitfield 133
A lovely example of this Ormsby designed note graded Choice Uncirculated 64 EPQ by PMG.
Ft. Leavenworth, KS- Merchants Bank $3, $5 Aug. 21, 1854 G4, G6 Whitfield 133, 134
Two pieces, each Crisp Uncirculated, the $3 with a tiny split at the right margin.
Topeka, KS- Union Military Scrip $5-$5 June 1, 1867 Whitfield 422 Uncut Sheet
These notes were authorized by the Kansas legislature in 1867 to pay claims against the state from the Indian campaign of 1864 and the Confederate invasion of the same year. The notes themselves are not terribly scarce, but this is the first uncut sheet we've had from this issue. Fine-Very Fine, with some splits in the design.
Frankfort, KY- Farmers Bank of Kentucky $5 G220a
A remainder example in a PMG Gem Uncirculated 66 EPQ holder.
Frankfort, KY- Farmers Bank of Kentucky $10 G206a Hughes 259 Proprietary Proof
A "Proprietary" or "Special" Proof produced by the American Bank Note Company at a later date than normal Proof examples. This piece has been graded Gem Uncirculated 65 EPQ by PMG.
Frankfort, KY- Farmers Bank of Kentucky $10 G206a Proprietary Proof
A later prepared American Bank Note Company "Special" or "Proprietary" Proof mounted on light card stock. Gem Crisp Uncirculated.
Frankfort, KY- Farmers Bank of Kentucky $20 Aug. 3 1859 G18a
A gorgeous, fully issued note which is nicely centered. PMG Gem Uncirculated 65 EPQ.
(Hunnewell, KY)- Hunnewell Furnace 5¢ 1871
In 1845, a pig-iron furnace was constructed by John Campbell, John Peters, and John Culbertson. It was later rebuilt for larger capacity in 1871. No other examples of this scarce issuer's notes have passed through our auctions. Though this piece is a well circulated Good, with some splits, it is still very scarce. The remnants of an "Eastern KY Tollway" stamp are still visible on the face.
Russellville, KY- Southern Bank of Kentucky $5 G336a Proof
An attractive ex-ABNCo sale Proof in a PMG Gem Uncirculated 65 EPQ holder displaying the usual 4 POC.
Russellville, KY- Southern Bank of Kentucky $10 G342b Proof
A spectacular fully tinted Proof example from the American Bank Note Company holdings. This is about as nice a colored Proof as one could hope to find, made even more desirable by the boardwalk side margins. Gem Crisp Uncirculated, 4 POC.
Ascension, LA- Parish of Ascension 20¢ Dec. 24, 1861
There are a few splits, along with a small repair and a stain on the back that has bled through to the front, but this is a very scarce note from a very tough Parish. A nicer example realized $862.50 in our January sale. Very Good.
From The Norman Collection
Ascension, LA- Parish of Ascension $2 Dec. 24, 1861
Fine, with a couple of small reverse repairs along with a split that affects little.
From The Norman Collection
Marksville, LA- Parish of Avoyelles $20 Jan. 25, 1863
A Very Fine example of this very scarce note realized $632.50 in our Collection of a Louisiana Gentleman sale of January, 2008. This piece also grades Very Fine, with a few small reverse repairs.
From The Norman Collection
Baton Rouge, LA- Parish of East Baton Rouge 25¢, 50¢, $1 Oct. 9, 1862
A trio of notes from this well collected Parish. The 25¢ grades Fine-Very Fine, the 50¢ Very Fine with some paper aging, and the $1 a pleasing Fine-Very Fine.
From The Norman Collection
Baton Rouge, LA- Parish of East Baton Rouge $2 Oct. 9, 1862
An attractive example of this tougher Parish issue. Very Fine.
From The Norman Collection
Plaquemine, LA- Parish of Iberville 25¢, 50¢ (4), $2 (2), $3 (2)
This is a common Parish, but all but the last of these notes are high grade pieces. No returns will be accepted on this lot for any reason, so pre-sale inspection is advised.
From The Norman Collection
Vermilionville, LA- Parish of Lafayette $5 June 24, 1862
A very rare note from a Parish missing in the "Collection of a Louisiana Gentleman" we sold in January. About Uncirculated, with just the slightest evidence of light foxing, a premium piece deserving of a place in a great collection.
Natchitoches, LA- Parish of Natchitoches $5 Aug. 12, 1862
A high grade example from one of the very scarcest Parishes in the state. The Collection of a Louisiana Gentleman we sold at this year's FUN auction contained only a $10 note from this Parish, which was Uncirculated and realized $1495 against a pre-sale estimate of $500-700. This example displays some ink erosion, but has still retained a pleasant appearance. Very Fine-Extremely Fine.
From The Norman Collection
St. Charles Parish, LA- Parish of St. Charles $1 April 7, 1862
An attractive and problem free example of this scarce note. Very Fine.
From The Norman Collection
St. Charles Parish, LA- Parish of St. Charles $2 April 7, 1862
An attractive fully margined specimen from this none too common Parish which is just about the equal of the example which sold for $431.25 in our January sale. Fine-Very Fine.
From The Norman Collection
St. Charles Parish, LA- Parish of St. Charles $2 April 7, 1862
A second example, also Fine-Very Fine, but displaying a couple of pinholes and a small amount of ink erosion at the signature.
From The Norman Collection
Saint John the Baptist Parish, LA- Parish of Saint John the Baptist $3 Mar. 31, 1862
A lovely example which is easily the nicest specimen we've encountered of this denomination. Uncirculated.
From The Norman Collection
Opelousas, LA- Parish of St. Landry 50¢ (9), $1 (8), $2 (4), $3 (2), $5
This Parish issued a huge number of notes bearing several different dates and many different formats, sizes, type styles, etc. This 24 piece lot makes an excellent starter set for the collector who wishes to pursue some independent research. Grades range from Fair to Very Fine, with several pieces damaged in one fashion or another. Pre-sale inspection is advised, because no returns of this lot will be accepted for any reason.
From The Norman Collection
St. Martinsville, LA- Parish of St. Martin $1 (3), $2, $3, $5 (4)
This is a surprisingly common Parish with many varieties available. This lot consists of nine pieces, all but one quite nice, with several Uncirculated or nearly so. Pre-sale examination is advised, as there will be no returns accepted on this lot for any reason.
From The Norman Collection
Franklinton, LA- Parish of Washington 25¢ Aug. 19, 1863
A very rare Parish note which, even as far back as the 1991 Smythe sale, was dubbed as "Excessively Rare." Pleasing Fine-Very Fine.
From The Norman Collection
Franklinton, LA- Parish of Washington 25¢ Dec. 6, 1862
Dated a bit earlier than the example offered above, but identical in design. Very Good.
From The Norman Collection
West Feliciana Parish, LA- Parish of West Feliciana 10¢ July 9, 1862
A very rare note which is comparable in every respect to the example which realized $1045 back in January of this year. Uncirculated, with full original embossing.
From The Norman Collection
West Feliciana Parish, LA- Parish of West Feliciana $1 July 9, 1862
This extraordinarily rare note comes from our first public auction sale, which was held in St. Louis in November of 1990. Even then it was recognized for the rarity it was, realizing $175 despite its condition. Expect it to bring somewhat more today. There are a couple of tape repairs on the reverse, and a several splits, but if rarity is any guide, expect this Good-Very Good example to reach or exceed...
From The Norman Collection
Parish of Carroll, LA- Parish of Carroll $1, $3, $5, $10
Vidalia, LA- Parish of Concordia $1, $3, $5, $20
Eight pieces, all grading Fine or better. Inspection is advised, as no returns on this lot will be accepted for any reason.
From The Norman Collection
Mixed Parish Notes, Mostly Scarcer
The following Parishes are represented:
Assumption $1 Apr. 29, 1862 Good-Very Good
Catahoula $50¢ May 25, 1862 Very Good-Fine
DeSoto $5 June 10, 1862 Poor
Livingston Aug. 18, 1863 Fair
Rapides $5 (2) Feb. 8, 1862 Fine-Very Fine, About Uncirculated, ink erosion
Rapides $100 Promissory Note 1861 About Uncirculated
St. John the Baptist $3 Mar. 24, 1862 Extremely Fine
St. Tammany $5 April 15, 1862 Very Fine, repair
Tensas $5 April 4, 1862 Fine, small hole
From The Norman Collection
Alexandria, LA- Town of Alexandria $3 Jan. 9, 1862
Not in the peak of condition, but an excessively rare note which we've never previously handled. Very Good-Fine in appearance, with a few repairs.
From The Norman Collection
Baton Rouge, LA- Baton Rouge, Grosse-Tete & Opelousas Railroad Company $1 July 1, 1873
A nice example of this rather scarce railroad issue. Uncirculated.
Baton Rouge, LA- City of Baton Rouge 25¢ Nov. 4, 1861
A very rare Baton Rouge issue. Good-Very Good, with extensive repairs.
From The Norman Collection
Baton Rouge, LA- City of Baton Rouge 25¢ (2) Jan. 2, 1862
Two pieces of this scarce note, the first a nice Fine-Very Fine, the second Fine with a few minor problems.
From The Norman Collection
Baton Rouge, LA- City of Baton Rouge 50¢ June 18, 1862
A very rare note with a bright red "Fifty Cts." overprint. Fine-Very Fine, the first such example we've handled.
From The Norman Collection
Baton Rouge, LA- City of Baton Rouge 50¢ Jan. 2, 1862
A very scarce note which is printed entirely in red. About Fine, with a few pinholes which affect little.
From The Norman Collection
Baton Rouge, LA- City of Baton Rouge $3 (2) Jan. 2, 1862
Two pieces of this tough denomination, each well circulated and with a few splits and short tears. Very Good-Fine.
From The Norman Collection
(Baton Rouge), LA- State of Louisiana Warrant $15 Jan. 9, 1871
This is the first of these that we have handled. This 9.25 by 8.25 inch warrant has a top vignette of the Louisiana state seal plus a blind embossing of the same. There is an approximate half inch left edge tear. Very Fine.
From The Norman Collection
Baton Rouge, LA- State of Louisiana $3 (5), $2 (4), $1 (4) Feb. 24, 1862 Cr. 4, 6, 8, $5 (8) Oct. 10, 1862 Cr. 10
A nice lot of 21 pieces, with the grades ranging from Good to New, with a couple damaged. Inspection is advised, as no returns will be accepted on this lot for any reason.
From The Norman Collection
Clinton, LA- Clinton & Port Hudson Rail Road Company 50¢ Sept. 1, 1862
An exceptionally high grade piece from the Norman collection which traces its pedigree back to the Affleck collection holdings. The Civil War era fractional denominations from this company were issued from Clinton, while the earlier full size notes in higher denominations were issued from the railroad's first headquarters in Jackson. Sharp Very Fine.
From The Norman Collection
Clinton, LA- Clinton & Port Hudson Rail Road Company $2 Sept. 1, 1862
This piece is considerably nicer than the $1 example from here we sold in January for $345. Very Fine, with a couple of small rust spot pinholes.
From The Norman Collection
Clinton, LA- Town of Clinton 10¢ (2) June 21, 1862, Sept. 1, 1862
Two pieces with two totally different designs, the first quite scarce. The earlier dated piece grades Very Good with several splits, the second, smaller and on white lined paper, is a nice Fine-Very Fine.
From The Norman Collection
Clinton, LA- Town of Clinton 25¢ Dec. 31, 1361 [sic]
A very rare note, not only for its mistaken date, but for its design as well, one which we have not previously encountered. Fine.
From The Norman Collection
Clinton, LA- Town of Clinton 25¢, 50¢ (3)
Four pieces, the 25¢ in the small format dated Sept. 1, 1862 with the word "Town" capitalized grading About Fine, the first 50¢ note in the large format dated June 21, 1862, severed and repaired Good-Very Good, the last two 50¢ notes dated Sept. 21, 1862 in two different typefaces, one Fair and backed, the other Fair with major repairs.
From The Norman Collection
Clinton, LA- Town of Clinton $1 (3), $2 (2), $3 (2), $5
Eight pieces, all showing repairs or damage of some kind, with grades ranging from Poor to Very Good. Several pieces are scarce. Please note that no returns will be allowed on this lot for any reason.
From The Norman Collection
Franklin, LA- Town of Franklin 25¢ Aug. 30, 1862
A scarce note which is printed on lined gray paper. It's much higher grade than most of the notes we've seen from this community. Sharp Very Fine-Extremely Fine.
From The Norman Collection
Franklin, LA- Town of Franklin $1 Dec. 15, 1862
A nice grade example of this scarce municipal issue. Very Fine.
From The Norman Collection
Franklin, LA- Town of Franklin $2 Dec. 15, 1862
A very high grade piece which is ex-Boys Town collection. Extremely Fine, with one small reverse repair.
From The Norman Collection
Jackson, LA- Clinton & Port Hudson Rail Road Company $5 Nov. 20, 1839
An excessively rare note which is only a bit lower grade than a similar example which realized $1207.50 in our January sale. About Fine, with a brightly engraved reverse.
From The Norman Collection
Jackson, LA- Clinton & Port Hudson Rail Road Company $50 Jan. 1, 1837
A spectacular note which is one of the very finest items from the Norman collection. We've not had this denomination previously, and we've seen few examples from here in this state of preservation in any denomination. Very Fine, a great rarity worth whatever it brings.
From The Norman Collection
Jackson, LA- Clinton & Port Hudson Rail Road Company $100
A second excessively rare note from this sought after issuer, with this the sole $100 we've ever seen from here. The note is a bit stained, and the paper a bit dark, but otherwise the piece is sound and problem free for the grade. Fine.
From The Norman Collection
Jefferson, LA- City of Jefferson $1 July 5, 1862
A very scarce piece of Louisiana municipal scrip. Interestingly, the date is spelled out rather than printed using the number 5. Very Good, with a couple of corner tips off.
From The Norman Collection
Lake Providence, LA- Wharf Boat 10¢ March 1, 1862
A great note from an issuer we've never seen previously. There is some ink erosion along with a red mark that may have been part of the paper before it was printed, but it's unlikely that this note could be duplicated for any amount of money. Extremely Fine.
From The Norman Collection
Monroe, LA- Vicksburg, Shreveport & Texas Railroad $3 July 27, 1867
A lovely totally original and fully embossed Crisp Uncirculated example.
From The Norman Collection
Monroe, LA- Vicksburg, Shreveport & Texas Railroad 25¢, 50¢, $1 July 27, 1867, $2 (2), $3, $5 (2) Jan. 13, 1862
Eight pieces, the first three Extremely Fine, Uncirculated, and Extremely Fine, the later dated pieces all Very Good or better, a few with defects. Please note that no returns will be accepted on this lot for any reason.
From The Norman Collection
Natchitoches, LA- Corporation of Natchitoches 25¢ Sept. 22, 1862
A great rarity which we've neither seen nor handled previously. Well circulated but intact Very Good, one of the highlights of the Norman Louisiana collection.
From The Norman Collection
New Orleans, LA- Atchafalaya Rail-Road & Banking Co. $5, $10 May 1, 1838 G2, G4
Two pieces from this very scarce issuer. Both are well circulated with some minor repairs, the $5 Very Good, the $10 Good-Very Good.
From The Norman Collection
New Orleans, LA- Bank of Commerce $20 May 6, 1861 G14b
A scarce note which was cut from a sheet of St. Charles Parish notes, which were overprinted on the reverse of this note in 1862. Fine-Very Fine, with a small split at the top.
From The Norman Collection
New Orleans, LA- Bank of Louisiana $1 (2) Sept. 19, 1861 G2, G2a
Two pieces of this scarcer denomination, the first grading Fine, the second, bearing the much tougher "Registered" stamp, grading a sharp Fine-Very Fine.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $2 Sept. 19, 1861 G4a
A pleasing Fine+ example of the scarce "Registered" issue.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $3 Sept. 19, 1861 G6
A very scarce denomination from here, especially in this state of preservation. Nice Very Fine, with just the most minute trace of ink erosion at the signatures.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $3 Sept. 19, 1861 G6
Just a hair less nice than the example offered above. Fine+.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $3 Sept. 19, 1861 G6a
A more than acceptable example bearing the blue "Registered" overprint. Pleasing Fine or a bit better.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $5 G10a
Eight pieces, one Extremely Fine, six Very Fine, and one Fine.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $5 G10c
An exceptionally high grade group of the "Forced Issue" fives. Nine pieces, seven of which grade Extremely Fine and two of which grade Very Fine.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $10 G14a (5), G14b, G14c (2)
A much above average grouping, with the five non-overprinted pieces, grading Extremely Fine (3), Very Fine and Very Good respectively, the one Forced Issue example Fine, and the two Registered notes Very Fine and Very Fine with repairs.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $20 G18a (2), G18c (2)
Four pieces, the two G18a notes both nice Very Fine, the two Forced Issue examples Very Fine and Very Fine repaired, respectively.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $50 G22a (3), G22b (3), G22c
Seven pieces, the first three Very Fine, Very Fine with a few rust spots, and Very Good, the "Registered" notes Very Good (2), Good, the Forced Issue note Very Fine.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $100 G24b G24d (3)
Four pieces, the G24b Very Fine, the three examples overstamped "Forced Issue" all Fine or a bit better.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $100 Mar. 4, 1849 G24c
This note bears the "Registered" stamp on the face along with the very scarce green reverse, the toughest combination found in this denomination. Fine, with a few small splits, scarce enough to realize...
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $100 G26a (3), G26c (3)
A mostly above average lot of six pieces, the first three grading Very Fine (2) and Fine respectively, the latter three bearing the "Forced Issue" stamp grading Extremely Fine, Very Fine and Fair.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $500 April 14, 1853 G28b
A more than acceptable example of this very scarce $500 issue, with this piece bearing the blue "Registered" stamp on the front. Fine.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $500 (2) G28a, G28b
Two examples of this rare design, the first lacking any overstamp and grading Good, with several major repairs, the second bearing a "Registered" stamp and Very Good in appearance, but severed and rejoined. The first note, despite its low grade, served as the plate note in at least one edition of Criswell's North American Currency volume.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $500 Jan. 14, 1862 G30c
A high grade example of this always in demand high denomination note. It bears the "Forced Issue" stamp that was used by the banks to identify notes that were circulated by order of the military authorities after the capture of the city by Union naval forces and the occupation by Union army troops under the command of Union General Benjamin Butler, who became known as Beast Butler for his rigor during the early days after the city's surrender. (Butler's infamous General Order Number 28 issued on May 15, 1862, admittedly after some provocation, that if any woman should insult or show contempt towards any Union officer she should be treated and held liable to be regarded as a "woman of the night plying her trade," i.e. a prostitute, stirred such a firestorm of protest in both North and South that he was recalled several months later). Bright Extremely Fine+.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $500 Mar. 14, 1862 G30c
A second $500 "Forced Issue" note, this just a hair lower grade than the example offered above. Extremely Fine, with a vivid orange reverse.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $500 Jan. 14, 1862 G30c
A third "Forced Issue" $500, also a nice high grade example. Very Fine.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $1000 May 22, 1862 G32a
A lovely high denomination specimen which is every bit as nice or nicer than the example which realized $1265 in our January sale. Sharp Very Fine with a bright orange back which contains a few endorsements that affect nothing.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $1000 Jan. 14, 1862 G32c
This rare high denomination piece bears the "Forced Issue" stamp on the right side. Nice Fine-Very Fine, with a couple of petty holes that are barely worthy of mention.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of Louisiana $20 G16b (2), G16c, G16d (2), $50 G20b, G20d
An attractive grouping with the G16b notes grading Fine-Very Fine and Good-Very Good, the G16c Fine-Very Fine, the two G16d notes grading Very Fine and Fine, the G20b $50 Fine-Very Fine and the G20d $50 Fine.
From The Collection of a Louisiana Gentleman
New Orleans, LA- Bank of New Orleans $3, $50 (2) April 16, 1862, Feb. 5, 1862 G18, G26b
Three pieces, the $3 grading Very Good or a bit better, the scarcer fifties grading Fine-Very Fine and Very Good respectively, both with the usual punch cancels seen on this issue.
From The Norman Collection
New Orleans, LA- Bank of Orleans $5 G72 Proof
A nice Proof mounted on light card stock. Uncirculated, with a few age spots.
From The Norman Collection
New Orleans, LA- Carondelet Canal & Navigation Co. 50¢
Low grade but excessively rare, with this issuer missing even from the massive "Collection of a Gentleman" we sold recently. This piece has been off the market since it last appeared in the 1989 Memphis auction. Good, with numerous repairs.
From The Norman Collection
New Orleans, LA- Citizens' Bank of Louisiana $10 186_ G26a
This remainder is vividly colored and well deserving of the PMG Gem Uncirculated 66 EPQ grade. This is the famous "DIX" note, from which supposedly came the term "Dixie."
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
A well margined example of the famous "Dix" note in a PMG Gem Uncirculated 65 EPQ holder.
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
The famous "Dix" note ensconced in a PMG Gem Uncirculated 65 EPQ holder. These notes have now reached the four figure level in recent price lists and auction sales, and many of those sales were of lower grade and non-certified examples.
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
A PMG Gem graded example of this important obsolete remainder. PMG Gem Uncirculated 65 EPQ, a lovely "Dix" note.
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
An attractive "Dix" note with an exceptionally bright red tint. Very Choice Crisp Uncirculated.
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
A beautiful fully margined example of the historic "Dix" note. Choice Crisp Uncirculated.
From The Norman Collection
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
A gorgeous well centered example of the famous "Dix" note. Choice Crisp Uncirculated.
From The Norman Collection
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
Another crackling fresh "Dix" note from the Norman holdings. Choice Crisp Uncirculated.
From The Norman Collection
New Orleans, LA- Citizens' Bank of Louisiana $10 G26a
A pleasing example of the famous "Dix" remainder note. Crisp Uncirculated, with just the slightest aging visible in the margins.
New Orleans, LA- Citizens' Bank of Louisiana $10 Dec. 1, 1859 G22a
A tougher early note from here which was a predecessor to the "Dix" notes. About Fine.
From The Norman Collection
New Orleans, LA- The City Bank $5, $100 G14c, G48c
Two pieces, the $5 Fine or thereabouts with a few pinholes, the $100 Very Good but with a substantial piece trimmed off on the left side.
From The Norman Collection
New Orleans, LA- City of New Orleans 25¢ (2), $1 Oct. 1, 1861, May 6, 1862
A trio of scarcer New Orleans municipal issues, the 1861 25¢ Fine, the 1862 25¢ Fine and very scarce, the $1 severed and repaired and with a corner missing Good.
From The Norman Collection
New Orleans, LA- City of New Orleans $1
An extremely rare early New Orleans municipal issue. A somewhat nicer specimen realized $1955 in our Collection of a Louisiana Gentleman in January. This note is not quite as nice, but is certainly as scarce. Very Good, with a few minor repairs.
From The Norman Collection
New Orleans, LA- City of New Orleans $2 March 1, 1862
A lovely example of this very rare note, which, like all of this series, is printed on the reverse of circa 1830's Bank of Pensacola notes payable at the Bank of the United States in New York. Nice Fine-Very Fine.
From The Norman Collection
New Orleans, LA- City of New Orleans $3
The last of these rare notes, with this piece a denomination we've never offered in this series. Pleasing Fine+++.
From The Norman Collection
New Orleans, LA- City of New Orleans $3 Oct. 24, 1862
A better than average example of this green overprinted note. Nice Fine.
From The Norman Collection
New Orleans, LA- City of New Orleans $3 Jan. 1, 1868
A virtual duplicate to the note that brought $431.25 in our January sale. Bright Fine-Very Fine.
From The Norman Collection
New Orleans, LA- Exchange & Banking Company $5, $10, $20 G2, G6, G8a
A trio of notes from this scarcer bank, the $5 Very Good, the $10 Good-Very Good with repairs, and the very tough $20 Good-Very Good with a repair.
From The Norman Collection
New Orleans, LA- D. M. Hildreth & Co. $5 March 25, 1862
A very rare piece of scrip from an issuer we've not previously encountered. This note is considerably more elaborate than most issues of its kind, with green end panels, a green overprint, and a green printed reverse. Nice Fine.
From The Norman Collection
New Orleans, LA- The Louisiana State Bank $5-$5-$5-$5 G14a-G14a-G14a-G14a Uncut Sheet
This sheet only lacks the president's signature from being issued. There is a fold between the second and third notes. About Uncirculated.
From The Norman Collection
New Orleans, LA- Mechanics & Traders Bank $1
A lovely fully green tinted American Bank Note Company product meant to pass as currency despite being labeled as a Certificate of Deposit. Extremely Fine+++.
New Orleans, LA- Municipality No. Two $20, $50, $100, $30 1843
Four notes, all issued by this Municipality between May 6 and October 24 of 1843. The $20 grades About Uncirculated, the $50 is Uncirculated, the $100 Extremely Fine, and the $30, which is a signed and issued Post Note, Very Fine-Extremely Fine. The set is ex-Boys Town collection, with the $20 and the $50 notes showing just the slightest bit of ink erosion.
From The Norman Collection
New Orleans, LA- Municipality No. Three 25¢ 1837
Unlike Municipalities Number One and Two, which issued large quantities of notes and fiscal paper, and unlike Number Four, which issued no circulating notes, Municipality Number Three is thought to have issued no bonds and only a minimum of notes. This piece, while clearly circulated, is punch cancelled and printed on fiber paper, perhaps indicating a circulated Proof specimen. Fine-Very Fine.
From The Norman Collection
New Orleans, LA- New Orleans & Carrollton Rail Road Company $5 Nov. 2, 1835
First the bad news...the note is missing a substantial portion of the left side, and what remains is hardly beautiful either. Now the good news...the note has survived, and is the plate note in the Haxby reference. We've seen no other $5 examples, and every other denomination from this issuer is listed as SENC. If you are a collector, this indeed may be your only chance to obtain even one example from this railroad issuer. Fair.
From The Norman Collection
New Orleans, LA- Canal Bank $1000 18__ G80a
A perfectly printed remainder with bright color and original paper wave. PMG Gem Uncirculated 66 EPQ.
New Orleans, LA- New Orleans Canal & Banking Company $1000 G80a
A nice example of this desirable high denomination note in a PMG Gem Uncirculated 65 EPQ holder.
New Orleans, LA- Canal Bank $10-$10-$10-$10 G26a-G26a-G26a-G26a Uncut Sheet
This is a well preserved sheet with full selvage and dark inks. Gem Crisp Uncirculated.
New Orleans, LA- New Orleans Canal & Banking Co. $500 (2), $1000 (2) G66a, G70a, G76a, G80a
Four examples of these popular high end high denomination remainders, all grading Crisp Uncirculated or better.
From The Norman Collection
New Orleans, LA- The New Orleans Gas Light & Banking Company $50 G16 Proof
A virtual duplicate to the $50 Proof we offered from this issuer in our January "Collection of a Louisiana Gentleman" sale which realized $1150. There is just a touch of light aging on this light card stock mounted Proof that is almost too trivial to mention. Uncirculated, with the signature blocks cut out.
From The Norman Collection
New Orleans, LA- New Orleans, Coast & Lafourche Transportation Company 50¢ Nov. 19, 1861
We've seen quite a few other examples from this issuer, but very few with this date and in this format. Very Good in appearance, but backed and with several repairs.
From The Norman Collection
New Orleans, LA- Peterson's Brass Works 50¢ March, 1862
A scarce note which is printed on tissue thin paper. Fine, with a bright red overprint.
From The Norman Collection
New Orleans, LA- Plaquemine Old Line Packets 25¢ April 25, 1862
We've not ever encountered any notes from this issuer, which had its office at the "Old Levee." The note is printed on tissue-paper thin stock, and the printing quality could be better, but this is a major Louisiana rarity certain to find its way into an important collection. Very Good-Fine, with a couple of reverse repairs.
From The Norman Collection
Opelousas, LA- Town of Opelousas $1 Dec. 24, 1861
We've had several different denominations of the circa-1838 Opelousas municipal issue, but this is the first Opelousas Civil War era town emission that we have had to offer. It's printed on gray paper and has what appears to be an oval shaped punch cancel at the top left end. Fine-Very Fine, and quite rare.
From The Norman Collection
Plaquemine, LA- J. McWilliams & Co. $1 Oct. 1, 1862
An exceptionally rare piece of scrip. Fine in appearance, but with numerous repairs on the back.
From The Norman Collection
Pointe Coupee, LA- Police Jury of the Parish of Pointe Coupee 5¢ Mar. 24, 1862
These were printed on tan paper. There has been some light handling, however embossing has remained. Choice About Uncirculated.
From The Norman Collection
Port Hudson, LA- P. Dinswuth $2 Jan. 1, 1862
An exceptionally rare piece of scrip, albeit a low grade example which is mounted on a piece of blue card stock. Good, with a few tears, etc.
From The Norman Collection
Shreveport, LA- City of Shreveport 50¢ Oct. 1, 1863
Shreveport served as the last capital of Louisiana under the Confederate government, and was the only major city in Louisiana held by the Confederacy until 1865. In fact, General Kirby Smith's army did not surrender to Union forces until May, 26, 1865, almost two months after Lee's surrender at Appomattox. The Caddo Parish courthouse was the last major public building to see the Confederate flag lowered. Considering its commercial and military importance, one would think that Parish and Shreveport municipal scrip would be relatively plentiful, but that is manifestly not the case. This attractive Fine example is the first such note we've seen offered in quite some time.
From The Norman Collection
Shreveport, LA- City of Shreveport $1 Oct. 1, 1863
A second rare Shreveport note, this unfortunately not quite as nice as the note above. Good-Very Good, with some major repairs and a piece missing at the top right.
From The Norman Collection
Shreveport, LA- State of Louisiana $1 Mar. 1, 1864 Cr. 19G
An extremely scarce variety which is listed as a Rarity-10 note in the new Shull reference. In addition to bearing the watermark of T.H. Sanderson & Co., this piece also displays large parts of two red "ONE" protectors on the reverse. Very Fine.
From The Norman Collection
Shreveport, LA- State of Louisiana $100 (6), $50 (4), $20 (3) Mar. 10, 1863 Cr. 11, 12, 13
Thirteen pieces, the grades ranging from Good to About New, the average grade Fine or better. Pre-sale inspection is advised, as no returns will be accepted on this lot for any reason.
From The Norman Collection
St. Martinsville, LA- Broussard & Tertrou $3 Oct. 1, 1862
Rare, with this the first note of any kind we've seen from this issuer. Very Good or better, but with a large piece missing at the upper right corner.
From The Norman Collection
Washington, LA- Town of Washington 50¢ Mar. 31, 1862
An excessively rare note which is the first piece of scrip of any kind we've had to offer from this location. Fine, with a portion of the right side missing, still rare enough to realize...
From The Norman Collection
Baton Rouge, LA- Baton Rouge, Grosse-Tete & Opelousas Railroad Company $1 July 1, 1873
New Iberia, LA- The Confederate Hotel 25¢ Sept. 26, 1862
New Orleans, LA- W.A. Britton & Co. $2 Oct. 2, 1861
New Orleans, LA- Ansel Edwards 50¢
Four pieces, the Baton Rouge Fine, the New Iberia a deplorable but rare Fair, the Britton & Co. a well circulated but intact Very Good, and the Ansel Edwards scrip (which we've not seen previously) a heavily repaired Fair. No returns will be accepted for any reason on this lot.
From The Norman Collection
New Orleans, LA- New Orleans Draining Bond $500 July 1, 1860
Shreveport, LA- State of Louisiana $1000 Mar. 1, 1863.
The draining bond has an appropriate vignette at center and grades Good with foxing and mounting remnants. The bond and the coupons have also been punch cancelled. The Good state bond was issued after Baton Rouge had been abandoned by the Confederates. It shows edge wear and several repairs on the back.
From The Norman Collection
Lewiston, ME- Lewiston Falls Bank $1 G2 Special Proof
An American Bank Note Company produced "Special Proof," printed at a later date than contemporary Proofs or regular bank-note impressions. Gem Crisp Uncirculated, printed on light card stock.
Portland, ME- The Atlantic Bank $500 18xx Proprietary Proof
This proof is printed on heavy stock board and carries a denomination not often seen as a proof. PMG Gem Uncirculated 66 EPQ.
Portland, ME- The Atlantic Bank $500 G36b Proof
A wonderful fully tinted ex-ABNCo sale high denomination Proof graded About Uncirculated 55 EPQ by PMG. It is card mounted, and what PMG saw to take it from the uncirculated category we can not discern through the holder. It is, whatever the technical grade, a rare and beautiful note. 6 POC.
Portland, ME- Georgia Lumber Co. $2 Sept. 2, 1839 Wait 118
A lovely example of this note ensconced in a PMG Gem Uncirculated 65 EPQ holder.
Baltimore, MD - The American Bank $2 Shank 5.2.2 and Vignette Proof
This is a beautiful, wonderfully original example of this scarce note that features a portrait of Henry Clay at right, a vignette of a plowing scene at top center, a dock scene at lower left, and green end panels with numerous micro 2s. Also included is the National Bank Note Co. vignette proof entitled Turning Around. This is the vignette at top center of the note. The note grades PMG Very Fine 25 and the vignette proof is ungraded, but it is encapsulated with the note.
Salisbury, MD- The Somerset & Worcester Savings Bank $1, $2, $3, $5 Nov. 1, 1862 Shank 116.5.2, 7, 12, 17
All four of these eye appealing ABNCo notes have been fully signed and numbered. The $5 has a small black dot in the back lower margin. Choice Crisp Uncirculated.
Salisbury, MD- The Somerset & Worcester Savings Bank $1 (red overprint, 2), $2 (green), $2 (red), $3 (green, 2), $3 (red, 3), $5 (green), $5 (red, 2) Shank 116.5.4, 116.5.7, 116.5.9, 116.5.12, 116.5.14, 116.5.17, 116.5.19
An even dozen fully signed and issued examples, some with the green overprinted protector (with the original issue date of Nov. 1, 1862), and some with the red (with handwritten changed dates). The green overprinted notes have a fancy green reverse, while the red overprinted notes have a blank reverse. All but one of the group grades Crisp Uncirculated or better.
Boston, MA- Hamilton Bank $1 Jan. 1, 1854 G8
The paper quality on this example is exceptional and unaffected with age. The penned details remain bold. Choice Crisp Uncirculated.
Conway, MA- Conway Bank $1 Sept. 12, 1854 UNL Proof
An attractive ex-ABNCo sale Proof mounted on a card with the usual 4 POC. PMG has graded this piece About Uncirculated 55 and has noted a "Corner Tear," which cannot be seen through the PMG encasement.
Adrian, MI- Bank of Adrian $3 Nov. 1, 1841 G6a Bowen 3
A very scarce note, particularly in this state of preservation. Sharp Extremely Fine-About Uncirculated, with a couple of minor nicks at the top margin.
Adrian, MI- W.H. Stone & Co. 25¢-25¢ 1862 Bowen 6 Uncut sheet
A two subject uncut sheet from a very scarce issuer. Extremely Fine.
Ann Arbor, MI- The Bank of Washtenaw $1-$1-$2-$3 May 9, 1835 G2-G2-G6-G10 Lee 1-2-5-7 Uncut Sheet
Before tonight we had offered only one sheet on this bank. This example is well centered with the upper right corner missing far away from the notes themselves. Very Fine.
Ann Arbor, MI- The Bank of Washtenaw $5 Dec. 9, 1835 G28 Bowen 41
A considerably scarcer Bank of Washtenaw issue, this payable in New York City. Nice Extremely Fine-About Uncirculated.
Ann Arbor, MI- The Bank of Washtenaw $20-$50-Post Note G18-G20-UNL Lee 13-14-15 Uncut Sheet
The higher denominations from this bank are elusive and especially so in sheet form. A couple of folds extend from the right edge to about half way into the first and second notes of this remainder sheet. Crisp Uncirculated.
Ann Arbor, MI- Government Stock Bank $1.50 March 1, 1853 G5a Bowen 6
A scarce denomination with plenty of eye appeal for the grade. Fine.
Clinton Salt Works, MI- Clinton Salt Works $1.50 May 23, 1841 Bowen 7
A very scarce odd denomination example. Very Good-Fine, payable at the Bank of Auburn.
Detroit, MI- The Peninsular Bank $5-$5-$5-$5 G8c-G8c-G8c-G8c Lee 4-5-6-7 Uncut Sheet
This remainder sheet has folds between each of the notes, otherwise it is nicely preserved. Extremely Fine.
Detroit, MI- State Bank of Michigan $1 G2a Lee 1 Proof
This is the first time that we have had proofs on this bank that became the First National Bank of Detroit, charter number 97, in 1864. This well preserved, embossed proof has a vibrant red undertint. Choice Crisp Uncirculated, 8 POC.
Detroit, MI- State Bank of Michigan $2 G4a Lee 2 Proof
This is another lovely embossed proof on this bank. These were printed by the ABNCo and the quality of the vignettes prevails. Choice Crisp Uncirculated, 8 POC.
Detroit, MI- State Bank of Michigan $3 G6a Lee 3 Proof
This proof exhibits bold embossing, a classic western vignette, and dark inks. Choice Crisp Uncirculated, 8 POC.
Detroit, MI- State Bank of Michigan $5 G8a Lee 4 Proof
This is the final note in this quality offering of proofs on this bank. This was one of the few banks in the nation that utilized Lyman's counterfeit protection method that made it impossible to raise notes. Choice Crisp Uncirculated, 8 POC.
Detroit, MI- The State Bank of Michigan $1, $2, $3, $5 G2a, G4a, G6a, G8a Bowen 1-4 Lee 1-4
This lot represents a complete denomination set from this bank. The first three notes grade Choice CU, while the $5 note grades AU.
La Grange, MI- The Cass County Bank $5-$3-$1 UNL-UNL-UNL Lee 3-2-1 Uncut Sheet
This is a pristine sheet with full margins. This sheet is unusual in that the denominations are in descending order. Gem Crisp Uncirculated.
Marshall, MI- The Bank of Marshall $2 April 24, 1837 G4 Bowen 2
An extremely rare note, especially in this state of preservation. Very Fine.
Mt. Clemens, MI- The Bank of Macomb County $5-$5-$5-$5 Apr. 1, 1858 G8-G8-G8-G10 Lee 5-6-7-8 Uncut Sheet
This sheet shows handling along the left and bottom margins. Extremely Fine.
Canton, MS- Citizens Bank of Madison County $100 Mar. 13, 1838 G40 Kraus 3349
An extremely scarce note listed as a Rarity 7 example in the Kraus Mississippi reference. The reverse inscription tells the sad story of this institution, "Refused Payment in Specie Mch. 21st/39. C.H. McLean, Teller." Nice Fine-Very Fine.
Jackson, MS- State of Mississippi $100 May 29, 1862 Cr. 1Ac Kraus 49453
New evidence points to the portrait of this issue as being State Treasurer Colonel M.D. Haynes. He was implicated in a Confederate currency scandal and committed suicide behind the state capitol in November 1865. The strong embossing has earned this note its EPQ grade modifier. PMG Choice About Unc 58 EPQ.
Jackson, MS- State of Mississippi $100 Feb. 12, 1862 Cr. 1Ac
A decent example of this tough note which PMG has graded Very Fine 25, with the notations "Paper Pull & Pinholes," neither of which are terribly significant.
Jackson, MS- State of Mississippi $50 Feb. 14, 1862 Cr. 2Ac Kraus 49452
Two slavery vignettes are found on this attractive mid-grade note. PMG Very Fine 30 EPQ.
Jackson, MS- State of Mississippi $50 Feb. 12, 1862 Cr. 2Ac
This is the variety payable in 1864. PMG Very Fine 25.
Jackson, MS- State of Mississippi $20 Feb. 19, 1862 Cr. 3Ac Kraus 49451
This $20 is boldly embossed. It is dated in 1862 and payable in 1864. PMG About Uncirculated 55 EPQ.
Jackson, MS- State of Mississippi $20 Feb. 7, 1862 Cr. 3Ac
A nice example which PMG has graded Very Fine 30.
Natchez, MS- The Mississippi Shipping Company $5 1838-39 Kraus 30256 Five Examples
Beaumont family members signed these notes. One note has a missing corner. Very Good.
Rodney, MS- Commercial Bank of Rodney $100 G22 Kraus 4358
An extremely scarce Mississippi example listed as R-7 in the Kraus reference. Haxby lists this note as a Proof only, but this piece is certainly no Proof, having been falsely signed. Fine-Very Fine, with a piece missing at the top.
Vicksburg, MS- Bank of Vicksburg $100 March 1, 1838
This scarce denomination is the first we've handled from this bank. A $20 realized $299 earlier this year in our weekly internet venue. A small chink is noted in the top margin and a minor repair is visible from the back. Fine.
Vicksburg, MS- Commercial Rail Road Bank $500 June 12, 1838
This incredibly scarce denomination includes a small slip of paper that reads, "Bought these notes off Thos. D. Carpenter Wall St. Feb 23, 1839. at 14 per ct. per annum discount. These notes with 5 per ct. int for 20 mo. amount to $1,083.33 discount at 14 per ct. per annum (for about 1 year) -$153.76; cash paid--$929.57." The endorsement on back includes, "Pay T. D. Carpenter on order." The paper is whole save for some minor pinholes and a minor corner missing. There is a bit of ink burn in the date. Very Fine.
(Jefferson City), MO- Missouri Defence Bonds $1-$1-$1-$3 Cr.18A-18A-18A-17A Uncut Sheet
This is an attractive sheet with folds between the notes. Extremely Fine,.
Helena, MT- Peoples National Bank $20
Bright, colorful, and barely circulated, as befits the PMG assigned grade of Choice About Uncirculated 58 EPQ for this Montana obsolete note.
Helena, MT- Peoples National Bank $50
These brightly colored National Bank Note Company printed items are actually Certificates of Deposit dressed up as bearer instruments meant to circulate as currency. Uncirculated, with one small age spot on the right side.
Helena, MT- Peoples National Bank $50
From the same sheet as the $20 offered above, with this piece assigned a grade of About Uncirculated 55 EPQ by PMG.
Florence, NE- The Bank of Florence $1, $3 G2a, G6a
These are well preserved PMG Superb Gem Unc 67 EPQ notes with embossing and sharp corners.
Florence, NE- The Bank of Florence $2, $5 G4a, G8a
This lot has two beautiful notes. The $2 remainder grades PMG Gem Uncirculated 66 EPQ and the $5 remainder grades PMG Gem Uncirculated 65 EPQ.
Florence, NE- Bank of Florence $5 G8a
A PMG graded Gem Uncirculated 66 EPQ example of this popular remainder.
Florence, NE- Bank of Florence $1, $3, $5 18__
This trio of notes is well matched with perfectly even margins on each. The paper is pleasingly original. Choice Crisp Uncirculated to Very Choice Crisp Uncirculated.
Florence, NE- Bank of Florence $1-$2-$3-$5 G2a-G4a-G6a-G8a X1 Uncut Sheet
A very scarce uncut sheet, particularly with full selvage on all four sides. Crisp Uncirculated.
Florence, NE- Bank of Florence $1-$2-$3-$5 G2a-G4a-G6a-G8a Uncut Sheet
This is a tougher remainder sheet with this example being nicely centered and embossed. The upper left corner shows some light handling. Crisp Uncirculated.
Florence, NE- The Bank of Florence $1, $2, $3, $5 G2a, G4a, G6a, G8a
These delightful remainders come from a territorial bank that was active from 1856 to 1859. The $5 shows a little aging near the bottom edge. Choice Crisp Uncirculated.
Omaha, NE- Omaha City Bank & Land Co. $1 G2a
A fully tinted remainder with a great Native American central vignette. PMG Gem Uncirculated 65.
Omaha, NE- Western Exchange Fire & Marine Insurance Co. $1, $2, $3, $5 Nov. 2, 1857
Four pieces, all remainders, the $1, $3, and $5 graded by PMG Gem Uncirculated 65 EPQ, 66 EPQ, and 65 EPQ respectively, the $2 graded Gem New 65PPQ by PCGS.
Omaha, NE- Western Exchange Fire & Marine Insurance Co. $1 (4), $2 (3), $3 (4), $5 (6) Nov. 2, 1857
A group of 17 pieces, all from the Bishop Hill Colony issue. One of the $2 notes bears low serial number 21 and is signed and issued, with the others unsigned remainders. All are Uncirculated, with the paper toned on most of the group. Inspection is advised, as no returns will be accepted on this lot for any reason.
Omaha City deposited by Bishop Hill Colony, NE- Western Exchange Fire & Marine Insurance Co. $1-$2-$3-$5 Nov. 2, 1857 Uncut Sheet
This is a strongly embossed sheet. The Bishop Hill Colony became a communal society as it pursued Utopia in Illinois and scouted other areas such as Nebraska. PMG Choice Uncirculated 63 EPQ.
Omaha City deposited by Bishop Hill Colony, NE- Western Exchange Fire & Marine Insurance Co. $1-$2-$3-$5 Nov. 2, 1857 Uncut Sheet
This is a beautiful serial numbered remainder sheet. It is neatly centered with large margins and Old West vignettes. The originality of this sheet includes very light handling. Increasing dissension led the Bishop Hill Colony to be disbanded in 1861. Choice About Uncirculated.
Dover, NH- Strafford Bank $5 G48b
A lovely fully green tinted remainder example slabbed by PMG in a Gem Uncirculated 65 EPQ holder.
Dover, NH- Strafford Bank $10 G60b
A second fully green tinted Strafford Bank remainder, this a $10 in a PMG Gem Uncirculated 66 EPQ holder.
Rochester, NH- Farmers' & Mechanics' Bank $2 G4c
A gorgeous example of this very scarce remainder. PMG has awarded this note its very seldom seen grade of Superb Gem Uncirculated 67 EPQ.
Rochester, NH- Farmers and Mechanics Bank $2 18xx G4c
This pleasing remainder note displays various scenes of the day. PMG Superb Gem Unc 67 EPQ.
Rochester, NH- The Rochester Bank $1 Oct. 1, 1862 G4a
A very scarce late issue New Hampshire note which realized $402.50 in its last auction appearance in 2004. Very Fine, with several POC.
Bordentown, NJ- Bordentown Banking Co. $10 G20a Wait UNL
This is a gorgeous note neatly centered within four wide margins. Wait does not list the ABNCo imprint with this design. PCGS Superb Gem New 67PPQ.
Camden, NJ- Farmers & Mechanics Bank $1 G2b Proof
A gorgeous fully tinted ex-ABNCo sale Proof. Very Choice Crisp Uncirculated, with the usual 4 POC.
Hoboken, NJ- Hoboken City Bank $5 G8a Proof
Another truly lovely fully red tinted ex-ABNCo sale Proof example. Choice Crisp Uncirculated, fully gem but for a couple of pinholes, 4 POC.
Jersey City, NJ- Morris Canal & Banking Co. $1000 Wait 998
An oversize certificate in an always popular denomination. Extremely Fine, a nice remainder example.
Jersey City, NJ- Morris Canal & Banking Co. $2000, $3000 Wait 999, 1000
Two high denomination remainders, the $2000 Extremely Fine but with a replaced upper right corner, the $3000 aged and stained Very Fine with a repair and several splits.
Lambertville, NJ- The New Hope Delaware Bridge Compy. $1-$1-$2-$3 G4-G4-G8-G12 Wait 1047-1047-1050-1052 Uncut Sheet
This is a scarcer sheet that has detailed engravings and a small moisture spot in the bottom margin. Crisp Uncirculated.
Morristown, NJ- Morris County Bank $20 Remainder G56a
A gorgeous fancy green overprint is noted, with a vignette of chickens at lower right, and a maid at left. PMG Gem Uncirculated 66 EPQ.
Morristown, NJ- Morris County Bank $2, $5 G16d, G36a
A pair of fully green tinted remainders, both graded Gem Uncirculated 66 EPQ by PMG.
Morristown, NJ- Morris County Bank $3, $20 G26c, G56a
A pair of PMG graded fully green tinted remainders, each Gem Uncirculated 65 EPQ.
Morristown, NJ- Morris County Bank $10 (2) G46a
A pair of fully green tinted remainders, both carrying a grade of Gem Uncirculated 65 EPQ by PMG.
Morristown, NJ- Morris County Bank $1, $2, $3, $5, $10, $20 G8d, G16d, G26c, G36a, G46a, G56a Wait 1220, 1223, 1227, 1233, 1240 1249
A denomination set of these lovely fully green tinted remainders, each of which is Crisp Uncirculated or better.
Morristown, NJ- Morris County Bank $1 (3), $2 (3), $3, $5 G8d (2), G8e, G16e, G26d, G36a Wait 1220, UNL, UNL, 1223
A nice group of nine remainders, all with the full green tint. Those bearing the "A" overprint carry a different obligation on the bottom noting "Directors & Stockholders Individually Responsible." All but a couple grade Crisp Uncirculated or better. Inspection is advised, as no returns will be accepted on this lot for any reason.
New Brooklin, NJ- New Brooklin Glass Works (Ezra Lake) 3¢ Wait 1609
The first of a likely complete denomination set from this issuer, which includes several denominations not listed in the Wait New Jersey reference. This denomination is listed as Rarity 7. The only prior sale appearance of any note from here was an average grade piece which realized more than $500 several years ago. Fine.
New Brooklin, NJ- New Brooklin Glass Works (Ezra B. Lake) 5¢ Wait UNL
This denomination is unlisted for this issuer in the Wait reference. Very Good-Fine.
New Brooklin, NJ- New Brooklin Glass Works (Ezra B. Lake) 10¢ Wait 1610
The 10 cent is one of the three denominations listed in the Wait reference. Very Good-Fine.
New Brooklin, NJ- New Brooklin Glass Works (Ezra B. Lake) 25¢ Wait 1611
The last of the denominations from this issuer listed in Wait. Fine.
New Brooklin, NJ- New Brooklin Glass Works (Ezra B. Lake) 50¢ Wait UNL
This denomination is unlisted in Wait. Very Good-Fine.
New Brooklin, NJ- New Brooklin Glass Works (Ezra B. Lake) $1 Wait UNL
Yet another unlisted denomination from this very rare issuer. Fine.
New Brooklin, NJ- New Brooklin Glass Works (Ezra B. Lake) $2 Wait UNL
Neither of the two highest denominations (the $2 and the $5) are listed in the Wait reference. Fine.
New Brooklin, NJ- New Brooklin Glass Works (Ezra B. Lake) $5 Wait UNL
The highest denomination represented here, and likely the highest issued as well. Nice Fine.
New Brunswick, NJ- State Bank of New Brunswick $1 (4), $2 (2), $3 $5, $10 G16a, G26c, G40c, G52c, G62c Wait 1681, 1688, 1695, 1702, 1708
A lot of nine pieces, most of which are Uncirculated, with a couple Extremely Fine or better. Inspection is advised, as there will be no returns accepted for any reason on this lot.
New Brunswick, NJ- The State Bank at New Brunswick $1-$1-$2-$3 G14a-G14a-G28a-G42a Wait 1681-1681-1689-1696 Uncut Sheet
This sheet has one or two lateral folds between each note along with a little handling just below the top edge. Very Fine.
New Brunswick, NJ- The State Bank at New Brunswick $5-$5-$10-$20 G52a-G52a-G62a-G68a Wait 1701-1701-1708-1713 Uncut Sheet
This is a bright, colorful remainder sheet. The folds are between the notes and just below the top edge. The notes are also signed by the bank president. Extremely Fine.
New Brunswick, NJ- State Bank at New Brunswick $100 G80a Wait 1720
In our experience this is a denomination on this bank that is seldom seen. This remainder is of the variety that has a printed back and a blue "Hundred" overprint. PMG Choice Uncirculated 64 EPQ.
Paterson, NJ- Merchants Bank $5 Mar. 15, 1858 G6a Wait 1850
A true New Jersey rarity, as this is the sole legitimate issue known from this bank. The note is listed as an R-7 in the Wait reference, and is the first example we've had to offer in any of our sales. Fine.
Plainfield, NJ- Union County Bank $3 Sept. 12, 1859
This attractive and colorful issue has received a coveted Superb Gem grade. PMG Superb Gem Unc 67 EPQ.
Plainfield, NJ- Union County Bank $20 Sept. 12, 1859 G12a
An attractive remainder in very high grade. Every aspect of this note is pleasing, including the bold embossing. PMG Gem Uncirculated 66 EPQ.
Plainfield, NJ- Union County Bank $1, $2, $3, $5 Sep. 12, 1859 G2a, G4a, G6a, G8a Wait 2033, 2037, 2039, 2040
In May 1864 the Union County Bank became the First National Bank of Plainfield, charter number 447. The $1 and $3 grade Choice CU; the $2 grades AU with a lateral fold; and the $5 grades XF.
Rahway, NJ- Farmers' & Mechanics Bank of Rahway $1 Oct. 1, 1850 G10a Wait UNL
A very scarce note which is unlisted in the Wait reference with the red overprint. PMG Very Good 10, Splits.
Albuquerque, NM- A. M. Coddington Advertising Note
An exceptionally rare item which is the only advertising note we have ever seen from New Mexico. Very Good-Fine, with a few margin chips missing along with a larger piece out at the top right, but still easily desirable enough to realize...
Canandaigua, NY- Bank of Canandaigua $1 G2 Proof
An ex-ABNCo Proof specimen in a PMG graded Choice Uncirculated 63 holder. For those collecting pedigrees, the holder identifies this example as having come from the "Q. David Bowers Ref. Coll."
Canastota, NY- Canastota Bank $1 G2 Proof
An ex-ABNCo sale proof with a red-brown protector overprint. PMG Choice Uncirculated 64.
Carmel, NY- Lake Mahopac Bank $10 March 15, 1851
We have had the pleasure of offering only two other notes from this bank. The first was a $2, and the second was a $5 raised from a $1. A realization of $632.50 was seen for the $5 in our 2005 September Long Beach Auction. This piece is also raised from a $1 and is in much nicer condition. The workmanship on the alteration is also much better than usually seen. Very Good.
Hornellsville, NY- Bank of Hornellsville $5 March 15, 1854 G6 Proof
An ex-ABNCo sale Proof with the usual four POC. PMG has graded it About Uncirculated 55 and noted a "Top Margin Cut" which is indeed present.
New York, NY- East River Bank $5 G14 Proof
A lovely fully tinted Proof example from the ABNCo archives sale, graded Choice Uncirculated 64 by PMG. The usual 4 POC are present.
New York, NY- East River Bank $5 G16 Proof
A lovely fully orange tinted ex-ABNCo sale Proof example with the usual 4 POC. PMG has graded this note Choice Uncirculated 64.
New York, NY- Mechanics' Bank $3 18__
This is the third denomination we've handled in proof form. The others were a $5 and a $100 which was last offered at auction in 2005. This piece is nicer than the $100, which had numerous POCs. The paper is bright and mounted on cardstock. PCGS New 62.
New York, NY- Adolph Perl 10¢ July 20, 1868
An attractive example of a great Fractional lookalike, this denominated as quite politically incorrect "Tobacco Currency" by this manufacturer of tobacco products. Very Fine.
Watertown, NY- W.W. & I.N. Herrick 5¢, 10¢ 15¢ October 1, 1862
A total of forty two 15¢ notes and one each of the 5¢ and 10¢ denominations are included in this lot. Each of the notes ranges in grade from Very Good to Fine and were likely redeemed and cancelled since the signature line is cut from each of the notes.
Charlotte, NC- Bank of Charlotte $3 July 1, 1859 G2
A scarce North Carolina three. There are a couple of minor thin spots on the back, along with a couple of margin splits, but the overall appearance is still quite acceptable. About Fine.
Charlotte, NC- Bank of Charlotte $10 March 1, 1860 G12b
A bright and colorful example of this much in demand note. Fine.
North Carolina- W. Shelburn, Sutler [to the] Camp Fourth Brigade N.[orth] C.[arolina] T.[roops] 50¢ June, 1863 Keller NC-SA050
An exceptionally rare sutler note from North Carolina which, according to our consignor, is one of two examples of its kind known. Both appeared as part of the John J. Ford collection, with this piece realizing $4600 more than three years ago. It is fully signed and issued, and was one of only three sutler examples from North Carolina in the massive Ford holdings. Fine, a bit trimmed in at the upper left and with a small body hole in the "I" of the word "Fifty," but a great rarity worthy of a place in any serious collection.
Raleigh, NC- Bank of North Carolina $10 Nov. 7, 1859 G64
A bright and considerably better than average piece from this much collected bank, with this example payable at the bank's Newbern branch. Sharp Fine-Very Fine.
Raleigh, NC- Bank of North Carolina $20 Nov. 1, 1859 G106
A very rare note which is payable at the bank's Windsor branch. Though circulated and with a few chips missing at the bottom left, this piece has retained extraordinarily bright colors and great eye appeal. Our estimate may well be conservative here. Fine++.
Washington, NC- Bank of Washington $3 (4), $4, $5 (3), $10 (3) G4a, G8a, G12a, G16a
A lovely group of eleven of these red overprinted remainders. All but two of the notes grade Crisp Uncirculated or better. Pre-sale inspection is advised, as no returns will be accepted on this lot for any reason.
Washington, NC- Bank of Washington $4 G8a
A beautiful bright and well centered $4 note in a PMG Superb Gem Uncirculated 67 EPQ holder.
Washington, NC- Bank of Washington $5 G10
An attractive remainder with a bright red overprint. PMG Gem Uncirculated 66 EPQ.
Washington, NC- Bank of Washington $50 Nov. 1, 1861 G22
A lovely signed and issued example. Very Choice Crisp Uncirculated.
Washington, NC- Bank of Washington $50 G24a
A lovely remainder with a vivid green overprint. Choice Crisp Uncirculated.
Washington, NC- Bank of Washington $100 Nov., 1861 G26
This piece is fully issued save for the President's signature. The margins are broad and the paper quality is excellent. PMG Gem Uncirculated 66 EPQ.
Washington, NC- The Bank of Washington $3-$4-$5-$10 G4a-G8a-G12a-G16a Uncut Sheet
This is an attractive uncut remainder sheet with a bright red overprint, paper originality, and an odd denomination. Choice Crisp Uncirculated.
Washington, NC- The Bank of Washington $3-$4-$5-$10 G4a-G8a-G12a-G16a Uncut Sheet
This remainder sheet has a large amount of selvage and a bright red overprint. Each note shows a little handling, therefore Extremely Fine overall.
Wilmington, NC- Commercial Bank of Wilmington $4 May 1, 1859 G6b
This note is easily available in the lower grade ranges, but becomes quite scarce in Very Fine and just plain rare above the Extremely Fine mark. This lovely example, displaying especially vivid colors and unusually bright paper, is as nice a specimen as we have ever seen. About Uncirculated.
Cincinnati, OH- Sutler of the 47th Regiment 50¢ Oct. 9, 1862 Keller OH-SF050
A very scarce note listed as an R-7 in the Keller sutler reference. This piece is a remainder, with the paper toned to a tea color and some stains obscuring part of the design at the right. Very Fine.
Kirtland, OH- Kirtland Safety Society Anti-Banking Co. $1 Jan. 4, 1837 G2 Wolka 1422-01 Rust 12
The Kirtland "Anti-Banking" notes were actually the first issue of notes from this bank, with all of the known notes dated January 4, 1837. The reason for this issue was the rejection of the bank's application for a charter from the Ohio state banking regulators in Columbus. With the notes already in hand and the bank ready to open, the bank's officials decided not to let such legal niceties restrain their activities, and simply opened for business issuing the newly renamed currency. This note bears the signatures of S [idney] Rigdon as Sec and J [oseph] Smith, Jr. as Tres. Smith actually signed most all of these early notes, but within a few months he had severed his relationship with the bank, which closed in November of 1837. Smith and Rigdon were each eventually fined $1000 by the State of Ohio for their part in the bank's opening. Fine-Very Fine, a rare and highly desirable Mormon issue.
Kirtland, OH- The Kirtland Safety Society Bank $1 Jan. 8, 1837 G2 Wolka 1424-02
This is the first of a complete denomination set of Kirtland Safety Society Bank notes graded by PMG, issued by Joseph Smith and others tied closely to the early Mormon Church. The bank was organized by Joseph Smith and other church elders in late 1836, and currency plates were prepared almost immediately for the bank's notes. Despite the bank's charter being rejected by Ohio banking authorities, notes were issued starting in January of 1837, with the insertion of the words "anti-bank" into the title. Shortly thereafter that ruse was abandoned, and the notes that are offered below began to flow out of the bank. By May of 1837 the bank was refusing to redeem its notes for specie, causing the issue to be severely discounted, and by June of 1837 Smith severed his association with the bank. The bank would fail in November 1837. Eventually Smith and Rigdon were each fined $1000 for their unauthorized banking venture. The smaller denominations are quite scarce, with the last $1 offered over two years ago. This piece is a pleasing mid-grade issue with bold signatures of Joseph Smith and Sidney Rigdon. PMG Fine 12. Prices have climbed steadily since the last Ace sold for $4,312.50 in 2006.
Kirtland, OH- The Kirtland Safety Society $2 Jan. 8, 1837 G4 Wolka 1424-06
This is only the second Deuce we've handled from this institution in the last ten years. The other was an anti-banking example, thus distinctly different. Bold signatures and a strong central vignette are noted on this well circulated note. Worlds better than the other Deuce which had some damage. PMG Very Good 10.
Kirtland, OH- Kirtland Safety Society Bank $2 G4 Wolka 1424-06 Rust 5
A well circulated example of this scarcer Mormon issue, with this note signed by J. Smith, Jr. as Cashier and S. Rigdon as President. The $2 is, by a small margin over the $3, the most difficult of the lower denominations from this institution to obtain. Very Good, with a small reverse repair that affects little.
Kirtland, OH- Kirtland Safety Society Bank $3 mar. 3, 1837 G6 Wolka 1424-08 Rust 6
A rare note indeed in this grade, with particularly nice margins for this issue. High grade threes are very difficult to find, and this is the nicest such note we have had to offer in several years. Very Fine, signed by J. Smith Jr. as cashier and S. Rigdon as President.
Kirtland, OH- The Kirtland Safety Society Anti-Banking Co. $3 Jan. 4, 1837 G6, Wolka 1422-03
January 1, 1837 marked a rough spot in this institution's history. Everything was in order to begin printing and issuing notes, though the state had yet to approve the bank's charter. The organizers moved to issue notes, but under the name, Kirtland Safety Anti-Banking-Co. The "Anti-" and "-Co." were stamped onto the notes. The officers' titles on the signature line were also stamped over. The $3 is one of the scarcest of the anti-banking issues and in high demand by collectors. A nice, problem free VF sold in our last Long Beach auction for $21,850. This PMG Fine 12 is quite nice for the grade with no problems, save for a few moisture spots. The signatures remain bold and the design's details are fully intact.
Kirtland, OH- Kirtland Safety Society Bank $5 March 8, 1837 G8 Wolka 1424-10
PMG notes on the holder, "Countersigned By Brigham Young, Whitney & Kimball". The story explaining the countersignatures was last told in our offering of a Fine+ $5 in our January Auction, "This is a most interesting note that was signed by J(oseph) Smith and S(idney) Rigdon when it was originally issued in 1837. The note made the trek west to Salt Lake City and it was pressed into service again in January 1849. The signers of the reissued note are Brigham Young, Heber C. Kimball, and N(ewell) K. Whitney." The reissued serial number is '172' (1504 on this note) which is placed above the printed plate letter. Also, the initials "TB" below the original serial number are those of Thomas Bullock's and they were used for additional authentication when the note was reissued." This piece boasts a higher grade and better eye appeal than the note sold in January, even though "Margin Damage" is noted by PMG. PMG Very Fine 20.
Kirtland, OH- Kirtland Safety Society Bank $10 March 1, 1837 G10 Wolka 1424-12
This piece is countersigned by Ovul Pinney, but more importantly features the extremely bold signatures of Joseph Smith and Sidney Rigdon. The $10 denomination is the most readily available in high grade. The smallest of tip folds is noted on this issue precluding it from a full CU grade. PMG Choice About Unc 58 EPQ.
Kirtland, OH- Kirtland Safety Society Bank $20 Mar. 9, 1837 G12 Wolka 1424-14 Rust 9
A very rare denomination which is seldom available in any grade. This evenly circulated specimen is signed by Smith and Rigdon, likely the only two signatures to appear on the few notes of this denomination which were issued from here. Very Fine, popular and scarce enough to be a five figure item before bidding ends.
Kirtland, OH- The Kirtland Safety Society Bank $20 Feb. 20, 1837 G12 Wolka 1424-14
This is the fourth example of this scarcer denomination to be offered in our auctions. Wholly original paper with vivid signatures and strong design details add to the overall eye appeal. PMG Very Fine 20.
Kirtland, OH- The Kirtland Safety Society Bank $50 Mar. 9, 1837 G16 Wolka 1424-16
This is a lovely example signed by Joseph Smith and Sidney Rigdon. The paper is wholly original and solid for the grade. None of the light folds that account for the grade limit the eye appeal. PMG Very Fine 30.
Kirtland, OH- The Kirtland Safety Society Bank $100 July 4, 1837 G18 Wolka 1424-18
Many so-called denomination sets of Kirtland notes are missing this $100 denomination. This attractive note faces up like a full AU or better and boasts wholly original paper. PMG notes "Hinged", though any traces of a hinge are long lost beneath the protective third party holder. PMG Choice Very Fine 35.
Sandusky, OH- Bank of Sandusky $5, $10 1848 G6a, G8a Wolka 2382-10, 15
This is a nicely matched pair of notes on this bank that lasted from 1834-49. Fine.
Allegheny, PA- Allegheny Bank $20 G12a Proof
A strikingly attractive Proof on light card stock with 6 POC. It is fully tinted and as nice as any Proof can be, and is quite rare as well, as this does not appear to be an ex-ABNCo sale item. Gem Crisp Uncirculated.
Columbia, PA- Columbia Water Company 25¢ Aug. 1, 1837 PA71-37 Proof
This issue is listed as R6 in the Hoober reference. Our archive indicates we have yet to handle an example of any denomination from this bank. This piece is a pleasing proof on cardstock. PMG Superb Gem Unc 67 EPQ
Hulm Ville, PA- The Farmers Bank of Bucks County Three Uncut Sheets 1810-20s Crisp Uncirculated.
$3-$2-$1-$1 G6-G4-G4-G2 Hoober 164-3-164-2-164-1-164-1
$10-$5-$5-$20 UNL-UNL-UNL-UNL Hoober UNL-UNL-UNL-UNL
$50-$100-Post Note G14-G16-UNL Hoober 164-7-164-8-UNL
The $50 is listed as SENC in Haxby.
Lewisburg, PA- Lewisburg Bank $5 G4b Proof
A nicely margined and pristine ex-American Bank Note Company archives sale Proof with 4 POC. This fully tinted item appears virtually flawless, and, in the past, we would simply have called it "Uncirculated," which is a misnomer in any case, as these Proofs were never meant to "circulate." Now the third party grading fetish has spread to obsoletes, with the grading services busily measuring margins and using whatever alchemy they employ to decide whether a Proof is a "64," a "65," or whatever. We'll label this piece "Very Choice Crisp Uncirculated," and let the market decide on how many angels can dance on the head of this particular grading pin.
Lewisburg, PA- Lewisburg Bank $10 G6b Proof
A fully orange tinted Proof from the ABNCo archives sale with 4 POC which has been graded Gem Uncirculated 65 EPQ by PMG.
Middletown, PA- Bank of Middletown $10 G20a Hoober 237-13 Proof
An exceptionally high grade ex-ABNCo sale Proof example. PMG has awarded its rarely seen grade of Gem Uncirculated 66 EPQ, and commented on the back of the holder "Exceptional Paper Quality, Embossing & Color." The usual 4 POC are present.
New Brighton, PA- Bank of Beaver County $5 G2a Proof
A fully orange tinted ex-ABNCo sale Proof with 4 POC housed in a PCGS holder and graded Gem New 65PPQ.
Norristown, PA- The Bank of Montgomery County $1 Jan'y. 2nd, 1865 G14 Remainder
A pleasing note that is bright and well margined. Clockwise, the three Yankee generals and one colonel who adorn this note are Hancock, Hartranft, Schall, and Clemmer. The bank building is at center. PMG Gem Uncirculated 66 EPQ.
Philadelphia, PA- Bank of the United States 500 Pounds Sterling June 6, 1838
This piece is similar to one we handled dated 1837, though of a different design. The bank president, Nicholas Biddle signs this issue. Some ink burn is noted as well as a minor repair. One of the signatures is also backed by archival tape. A scarce note none-the-less. Very Fine.
Philadelphia, PA- The Bank of the United States $10 June 1, 1837 G4
A rare note as a genuine example, which it certainly appears to our eye. We've handled several counterfeits, but this bears the hallmark of the genuine example, with the printed Jaudon signature as Cashier. Nice Fine-Very Fine.
Philadelphia, PA- The Bank of the United States $2000 Dec. 15, 1840 G102
Ideal paper quality is noted on this high denomination note from one of our country's earliest banking institutions. This piece is payable to S. Mason in New York and carries four interest paid stamps on back. Pleasing and original. A small spot is noticed on the back. Very Fine.
Philadelphia, PA- Commonwealth Bank $10 G10a Proof
The first in a run of six $10 Proof examples from this bank, all ex-ABNCo archives sale. These Proofs come in two varieties, fully tinted and black and white. This piece is of the fully tinted persuasion, and is housed in a PMG Gem Uncirculated 66 EPQ holder, a nice grade indeed for a colored Proof.
Philadelphia, PA- Commonwealth Bank $10 G10a Proof
Another ex-ABNCo sale fully tinted Proof, again in a PMG Gem Uncirculated 66 EPQ holder.
Philadelphia, PA- Commonwealth Bank $10 UNL Proof
A black and white ex-ABNCo sale Proof with 4 POC, identical in design to the colored Proofs offered above but lacking the tint. PMG Gem Uncirculated 65 EPQ.
Philadelphia, PA- Commonwealth Bank $10 G10a Proof
Yet another fully tinted ex-ABNCo sale Proof with 4 POC, this in a PMG Choice Uncirculated 64 encasement. The market will have to reveal the difference in price between identical items graded 66 and 64, as we are honestly clueless at this time what that number will be.
Philadelphia, PA- Commonwealth Bank $10 UNL Proof
A second example of this black and white ex-ABNCo sale Proof with 4 POC. Very Choice Crisp Uncirculated.
Philadelphia, PA- Commonwealth Bank $10 UNL Proof
A third black and white ex-ABNCo sale Proof with 4 POC. The right margin is a bit close, hence our grade of Choice Crisp Uncirculated.
Philadelphia, PA- Commonwealth Bank $20 G12a Proof
An interesting vignette of the three men who either bankrolled or printed the Gutenberg Bible, Faust (Fust), Gutenberg, and Schoeffer, is found on this Proof that also sports a portrait of William Penn. This attractive Proof is formerly from the ABNCo archives sale and it has 4 POC along the signature lines. A "minor tear" is mentioned on the label. PMG Choice Uncirculated 64.
Philadelphia, PA- Manual Labor Bank $10 (4), $20 (8), $100 G14, G16, G20 Hoober 305-363, 305-366, 305-369
A much above average grouping, with all but one of the thirteen notes Crisp Uncirculated or better, the other being About Uncirculated. The eight $20 notes are a consecutively numbered run. Inspection is advised, as there will be no returns accepted for any reason on this lot.
Philadelphia, PA- Philadelphia City Savings Institution 12 1/2¢ April 19, 1838 Hoober 305-510 Proof
An Uncirculated Proof example of this interesting small change note.
Philadelphia, PA- Banking House of Stephen Girard $5 18__
Our archive reveals we've handled only one other note from this private issuer. That piece was an issued $5 with a very different design featuring a center vignette of an eagle. This piece shows a ship vignette in the center, flanked by two heraldic eagles. The paper appears to be India paper on card stock. Four POCs are noted at bottom. PCGS Choice New 63PPQ.
Pittston, PA- Pittston Bank $5 G6a Proof
A hugely margined and utterly pristine ex-ABNCo archives sale Proof with 4 POC. It is fully orange tinted and as nice a Proof as any collector could hope to obtain from here. Gem Crisp Uncirculated.
Tioga, PA- Tioga County Bank $5 G6a Proof
An attractive fully tinted ex-ABNCo sale Proof with 4 POC housed in a PMG Gem Uncirculated 66 EPQ holder.
Tioga, PA- Tioga County Bank $20 G10a Hoober 401-11 Special Proof
A so-called "Special" Proof produced by the American Bank Note Company at a later date than the regular Proof printings. PCGS has graded this item Gem New 65PPQ.
Waynesburg, PA- Farmers & Drovers Bank $5 G12 Proof
A fully margined ex-ABNCo sale Proof with 4 POC which has been awarded a grade of Gem Uncirculated 66 EPQ by PMG.
San Juan, PR- Charlie's Advertising Note
This is a likely unique note from Puerto Rico and offers perhaps the only opportunity for collectors to obtain anything even resembling an obsolete note from this island location. This is a full size piece which is quite ornately printed in black, blue, green and yellow. It previously adorned the cover of the book The Obsolete Casino Chips of Puerto Rico from the Albert T. Rollins Collection published by George T. Davis in 2002. That book notes "The currency pictured below [this note] is part of the colorful history of the Casino Camuy. It is alleged that this $2 bill would bring the purchaser the services of a white prostitute upstairs at Charlie's. Note the inscription of the bill: GOOD FOR A WHITE STACK, convex mirror, club rooms upstairs, the finest liquors and cigars. It is believed to be the only bill remaining to have survived after all these years." We sold this piece back in 1996 for $550, and it was re-offered by R.M Smythe in 2002 with an estimate of $6500-up and an undisclosed reserve, which it failed to meet. Our guess is that its true value today is somewhere between those numbers. Well handled Very Good, with some minor splits, tears, frays, etc., but surprisingly attractive for all that.
From The Collection of Albert Rollins
Fall River, RI- Tiverton Bank $5 Aug. 1, 1857 G18a Proprietary Proof
A "Special" or Proprietary Proof prepared by the American Bank Note Company at a later date than contemporarily printed notes. Crisp Uncirculated, 5 POC.
Newport, RI- William Newton & Co. 5¢ July 4, 1862 Durand 679
This excessively rare note comes to us via the celebrated John J. Ford collection, where it was lot 4246. It is a piece that is of the utmost historical interest, as it is a clear precursor to the use of "Postage" or Fractional Currency. As the Durand reference tells the story, "The most unusual scrip issue in Rhode Island is the postage stamp currency from the firm of William Newton and Company of Newport. As a result of the shortage of specie at the outbreak of the Civil War, and not to conflict with the state laws concerning the private issue of currency intended for circulation, the firm issued this postage stamp currency. The stamps were uncancelled and could be used for postage at any time. These notes are direct, and probably not accidental precursors of the United States Fractional Currency notes....The Newton scrip was issued July 4, 1862 and the United States postage currency was issued August 21, 1862." The Ford sale description notes that this was only the second note of its type that the cataloguer had ever seen in person, with the first having been sold some ten years earlier. As the cataloguer there noted, "Though backed on a card, the printing is vivid and bright. The stamp faces exude the boldest color possible and the eye appeal is stunning." In an obsolete currency market that has only begun to appreciate its classic rarities, this piece stands out as one of the greatest of all. About Uncirculated, a magnificent note worthy of the finest of collections.
Newport, RI- William Newton & Co. 5¢ July 24, 1862 Durand 680
A second excessively rare Newton piece, this the second type issued a few weeks after the first. The date here is July 24, 1862 and the note is a touch larger with the addition of the warning at the bottom "Unless kept clean these Stamps will be useless for circulation and Post Office purposes." The one example in the Ford holdings, which is the only similar specimen we have ever seen offered, had loose stamps and an old mounting strip on the reverse. This piece is unquestionably nicer, and may represent the sole opportunity for many years for collectors of obsolete notes to obtain a second issue Newton example. Very Fine.
Warwick, RI- Warwick Bank $50 18__ G86a
A beautiful remainder with solid margins and perfect embossing. PMG Gem Uncirculated 66 EPQ.
Warwick, RI- The Warwick Bank $50 Remainder G-86a
A fully-framed example housed in a PMG Gem Uncirculated 66 EPQ holder. Printed by the New England Bank Note Co. in Boston.
Charleston, SC- Office of the South Carolina Rail Road $1-$1-$2-$3 Sheheen 663-662-666-669 Uncut Sheet
This is a colorful uncut sheet with 5¢ revenue imprints and full selvage. There is a light vertical center fold. About Uncirculated.
Charleston, SC- Office of the South Carolina Rail Road $1, $2, $3 Sheheen 662, 666, 669
These remainders exhibit serial number embossing and sharp corners. Each has a 5¢ revenue imprint. Choice Crisp Uncirculated.
Columbia, SC- State of South Carolina $5-$5-$10-$10 Mar. 2, 1872 Cr. 5-5-6-6 Sheheen 3-3-4-4 Uncut Sheet
The EPQ qualities of this sheet are easily seen through the third-party holder. PMG Choice Uncirculated 64 EPQ.
Columbia, SC- State of South Carolina $20-$20-$50-$50 March 2, 1872 Cr.7-7-8-8 Sheheen 14-14-15-15 Uncut Sheet
This sheet is nicely centered within four wide margins. PMG Choice Uncirculated 63 EPQ.
Columbia, SC- State of South Carolina $20-$20-$50-$50 March 2, 1872 Cr.7-7-8-8 Sheheen 14-14-15-15 Uncut Sheet
These pretty sheets just don't appear in auctions as much anymore, most likely being cut up into singles. The top and bottom margins display foxing. Crisp Uncirculated.
Columbia, SC- State of South Carolina $2 (2), $5 (4), $10, $20 (3), $50 March 2, 1872 Cr. 4, Cr. 5, Cr. 6, Cr. 7, Cr. 8
A lot of thirteen pieces, all but the $50 Crisp Uncirculated or better. Inspection is advised, as no returns will be accepted on this lot for any reason.
Clarksville, TN- The Bank of America $5 G8b Garland UNL
This is a rare bank that has supplied us with only a couple of notes over the years. In fact this is the first Proof we have handled on this Clarksville bank. Ex-ABNCo archives, PMG Uncirculated 60 Net, tape repairs, 4 POC.
Cleveland, TN- Ocoee Bank $1 July 1, 1854 G2 Proof
A nice ex-ABNCo sale proof with an evocative underground mining central vignette. PMG Choice Uncirculated 64, with 4 POC.
Dandridge, TN- Bank of Jefferson $10 June 2, 1856 G4a Garland 270 Proof
A nice ex-ABNCo archives sale Proof with 4 POC. It is hugely embossed, but removed from the Gem category by a bit of light foxing on the right side. Choice Crisp Uncirculated.
Dandridge, TN- Dandridge Bank $10 July 1, 1854 G8b Garland 282
This is a scarce number which is listed as an R-10 (Garland uses a scale of 1-15), 21 to 25 known, in the Garland reference. Bright Fine, with a clipped upper right corner.
Knoxville, TN- Bank of Knoxville $3 July 16, 1855 Garland 393
A very scarce note in any grade, with a somewhat nicer piece selling for $960 in our sale earlier this year. About Fine.
Knoxville, TN- East Tenn. & Georgia Railroad Co. 15¢ June 20, 1862 Garland 1374
A very scarce denomination from an extremely tough issue, with each note from this issuer listed as a Rarity 14 in the Garland reference. Very Fine.
Knoxville, TN- East Tenn. & Georgia Railroad Co. 25¢ June 20, 1862 Garland 1376
A lovely example displaying plenty of its original embossing. Bright Very Fine-Extremely Fine.
Knoxville, TN- East Tenn. & Georgia Railroad Co. 50¢ June 20, 1862 Garland 1378
Last of these very scarce scrip notes printed on blue paper. Very Fine.
Nashville, TN- Bank of Tennessee 5¢, 10¢, 25¢, 50¢, and $1 Dec. 1, 1861
Each of the notes in this lot are wholly original with decent paper quality. The printed details are bold as are the signatures of the president on each issue. They range in grade from Very Fine to Choice About Uncirculated.
Nashville, TN- M.L. Stephens 20¢ Mar. 4, 1862
A truly rare piece of Tennessee scrip which we've not handled previously. Fine in appearance, but with several splits.
Tazewell, TN- Bank of Claiborne $5 Nov. 1, 1854 G6a Garland 1220
An extremely rare note from a much sought after Tennessee location which Garland lists as a Rarity 13 (on a scale of 1-15, with 15 representing the highest rarity). Well circulated Very Good.
Austin, TX- Republic of Texas $2 Apr 1, 1841 Cr. A2 Medlar 22 Olson 753
A great looking example, housed in a PCGS About New 55PPQ holder. The note is nicely centered for this denomination, and is just a touch shy of being fully framed. Cut cancels are also noted, which are typical for the majority of notes found today.
Austin, TX- Republic of Texas $2 July 1, 1841 Cr. A2 Medlar 22 Olson 753
A nice Fine-Very Fine example depicting a Vaquero roping a Steer, as the term "Cowboy" wouldn't be applied to Texas and the Southwest for approximately ten more years. The note has the typical cut cancels.
Austin, TX- Republic of Texas $3 Aug 1, 1841 Cr. A3 Medlar 23 Olson 756
A beautiful Republic of Texas $3 with nice centering, bright paper, and good eye appeal. PCGS Very Fine 30, with the typically seen cut cancellations. The $3 is the scarcest and most valuable of the lower denomination notes in this popularly collected series.
Trio of Republic of Texas Notes.
Here is a nice starter set for the budding collector:
$1 - Medlar 21, Cr. A1, Olson 750 in Fine,
$2 - Medlar 22, Cr. A2, Olson 753 in VG with some ink erosion,
$3 - Medlar 23, Cr. A3, Olson 756 in Fine.
All three notes are cut cancelled, which is typical.
Austin, TX- Republic of Texas $10 Jan 15, 1840 Cr. A5 Medlar 25 Olson 761
A bright and colorful example that definitely appears to grade higher than Extremely Fine. The note is fully framed, and is cut cancelled.
Austin, TX- Republic of Texas $100 May 31, 1839 Cr. A8 Medlar 28 Olson 769
A bright, attractive example with great eye appeal. Perfectly centered and fully framed. This beauty is housed in a PCGS Very Fine 20 holder.
Austin, TX- Republic of Texas $100 May 28, 1839 Cr. A8 Medlar 28 Olson 769.
We have the privilege of offering two $100 Republic notes in this sale, with this example grading Very Fine. Great color on the back design, with this series of notes the first to be printed on both sides. The note is cut cancelled.
Austin, TX- Republic of Texas Certificate of Stock Bond $100 June 15, 1840 Medlar UNL
This "Certificate of Stock in the ten per cent consolidated fund" has been cut cancelled. It has a center fold and some foxing near the bottom edge along with a penned endorsement. Six of the ten coupons have escaped cancellation. About Uncirculated, CC.
Austin, TX- Republic of Texas Government Certificate of Stock Bond $500 June 15, 1840 Medlar UNL
This endorsed ten percent coupon bond has dramatic as-made gutters of varying lengths and widths. Extremely Fine, CC, repairs.
Austin, TX- Republic of Texas Government Bond Payable to Holder $100 Jan. 1, 1841 Medlar UNL
This bond was signed by Texas Vice President David G. Burnet. It is bright with two small repairs on the back. Extremely Fine, CC, repairs.
Austin, TX- Republic of Texas Government Bond Payable to Holder $500 Oct. 1, 1840 Medlar UNL
This example has been signed by Texas President Mirabeau B. Lamar. This bond has a couple of vertical folds and it shows foxing. There is also a penned endorsement on the back. Ten coupons are present and two of the cut cancels have been repaired. Extremely Fine-About Uncirculated, CC, repairs.
Houston, TX- Republic of Texas Third Issue of Notes $1 Cr. H23, Medlar 49, Olson 503.
These were authorized to supplement the "Star Note" series which were issued in denominations of $5 and higher. This issue of "Change" or "Medallion Notes" was issued in $1, $2, and $3 denominations. The total issue authorized was only $10,000 and surviving examples are rare in any grade with the typical survivor being worn and tattered. This Good-Very Good example is typical for this issue as far as condition is concerned. Vintage tape repairs are noticed on the back to close the cut cancels, as well as what appears to be a complete tear of the note, which could have happened when the note was redeemed, as you will see other Republic notes that have been cut in half. There is also a repair along the bottom edge. Overall, this is an important Republic of Texas note.
Houston, TX- Government of Texas $10 July 1, 1838 Cr. H17A Medlar 61 Olson 555.
This Serial #1 $10 has been signed by "Sam Houston." General Houston's old Creek War wrist injury flared up, so the Texas Congress authorized William G. Cooke to sign notes for Houston. The note has been cancelled multiple times: by ink, cut cancelled and cut in half. The acidic ink has caused some paper erosion, and a triangular piece is missing from the cut cancel. The paper itself is crisp, and, did we mention the note is Serial # 1?
Houston, TX- Government of Texas $20 March 1, 1838 Cr. H18 Medlar 62 Olson 560.
This $20 Government is the second Serial #1 note we have to offer tonight, and a bit more pleasing to the eye than the other. The Sam Houston secretarial signature is noted on this Very Fine example. While the note has long ago picked up some sort of staining over the years, it has not degraded the note one bit, and does give it a bit of character. The note does carry the typical cut cancels, and does have some pinholes at center. Bid early and often on this last opportunity to own a Texas Serial # 1 note.
Houston, TX- Government of Texas $50 Nov 15, 1838 Cr. H21 Medlar 67 Olson 580.
This nicely centered Very Fine-Extremely Fine example is fully framed except for approximately 1/2 inch at bottom center. The Sam Houston signature is actually signed by William G. Cooke, for whom Cooke county is named. The note is cut cancelled, as are the majority of notes.
Houston, TX- Consolidated Fund of Texas $100 March 1, 1839 Cr. CF-10 Medlar 82 Olson 642.
While this $100 Consolidated Fund is rather common, the historical significance to whom this was issued makes it all the more interesting. McKinney, Williams & Co, also called "The Barings of Texas", was one of the earliest commission merchants in the Republic, once owning more than one-fifth of the city of Galveston. They were one of the first to ply the rivers of Texas, which opened up trade with the exporters in New Orleans, and are the company behind the Commercial and Agricultural Bank that organized in 1847 as the first legal bank in Texas. PCGS Apparent Very Fine 30, apparently due to staining at upper left and cut cancels.
Nacogdoches, TX- Kelsey H. Douglass $2-$2-$3-$5 Medlar 2-2-3-4 Uncut Sheet
This is a rare uncut sheet of scarce Texas notes from a thriving mercantile owner, who was respected enough for his notes to be accepted at par locally. Unfortunately, he died suddenly in 1840, and his wife went bankrupt paying off his liabilities. Edge handling as usual on these oversized items, but all four notes are at least Crisp Uncirculated. Each note carries a single "X" pen cancellation.
Portland, TX- City of Portland $50 Apr. 29, 1841 Medlar 1 Olson 1250
This extremely rare note was the only issue from this Matagorda County town and Medlar gives it his highest rarity rating of R7. The notes of this issue had the denomination filled in by hand in the upper left corner. The last one of these we sold was an AU in January 2007 for $2760. The current example is the nicest one we have laid our eyes on. The "as made paper flaw" listed on the label is for the two pre-printing paper crinkles. PMG Gem Uncirculated 65 EPQ
Jamaica, VT- The West River Bank $1-$2-$3-$5 G2b-G4b-G6b-G8b Coulter 1-2-3-4 Uncut Sheet
Each note in this uncut sheet sports a cherub and Liberty Seated Dollar coin vignette. This Extremely Fine-About Uncirculated sheet has two light folds on the first and fourth notes. This bank became the West River National Bank, charter number 1564 in 1865. There are only five Nationals reported on this bank that was liquidated in 1885. Here is your chance to acquire an Obsolete sheet on a bank at a small fraction of what a National would cost.
Jamaica, VT- The West River Bank $20 G12 Proprietary Proof
A PMG graded Gem Uncirculated 66 EPQ ex-ABNCo Proprietary Proof on card stock.
Jamaica, VT- The West River Bank $1, $2, $3 G2b, G4b, G6b
A trio of remainders, the $1 and $3 Gem Uncirculated 66 EPQ by PMG, the $2 graded Gem Uncirculated 65 EPQ by PMG.
Jamaica, VT- The West River Bank $1, $2, $3, $5 G2b, G4b, G6b, G8b Coulter 1-4
The common theme among these beautiful remainders are vignettes that consist of cherubs and Liberty Seated Dollars. Also, each note exhibits prominent embossing. This bank became the West River National Bank, charter number 1564, in 1865. There are only five Nationals reported in the census for this bank that was liquidated in 1885. Here is your chance to acquire four Obsoletes on a bank at a small fraction of what a single National would cost. Choice Crisp Uncirculated.

Orwell, VT- The Farmers Bank $1 G10a Proof
A well printed fully tinted ex-ABNCo sale Proof with 4 POC housed in a PMG Choice Uncirculated 64 holder.
Sheldon, VT- Missisquoi Bank $50 G26
A lovely example of this remainder in a PMG Gem Uncirculated 66 EPQ holder.
Fairmont, VA- The Fairmont Bank $1-$1-$1-$1-$1-$1 G14a-G14a-G14a-G14a-G14a-G14a Jones BF0505-BF0505-BF0505-BF0505-BF0505-BF0505 Uncut Sheet
Sheets are just plain rare on this bank as this is only the second one that we have offered. The handling mostly affects one note on this sheet. About Uncirculated.
Lexington, VA- Bank of Rockbridge $1.25 May 15, 1862 G16 Jones BL15-10
While other denominations from this Civil War issue are quite common, this odd denomination piece is in a class by itself for rarity, being labeled a Rarity 6-E note in the estimable Jones & Littlefield reference. Sharp Very Fine, the first such example we've had to offer in any of our sales.
Lynchburg, VA- Merchants Bank $20 UNL Jones & Littlefield BL40-51 Proprietary Proof
A "Proprietary" or "Special" Proof with an overall pink tint mounted on card stock. The Proof impression is lovely, and likely done by the American Bank Note Company some years after notes were prepared with this design for the bank. Gem Crisp Uncirculated.
Richmond, VA- Bank of the Commonwealth $100 July 1, 1861 G20a Jones BR15-46
A lovely example of this very scarce high denomination note with great color and crackling fresh paper. Extremely Fine-About Uncirculated, rare indeed in this grade.
Richmond, VA- Virginia Treasury Note $100 Oct. 15, 1862 Cr. 6
A brightly colored example ensconced in a PMG Choice Uncirculated 64 EPQ holder.
Milwaukee, WI- Milwaukee County Bank $10 Sept. 1, 1862 G4 Krause 4
This is a spectacular late issue ABNCo product featuring a green tint, a neat Washington portrait, and a central vignette of Niagara Falls. Extremely Fine, with the President's signature falsely filled in, a truly great Obsolete that is as rare as it is pretty.
Fond du Lac, WI- Exchange Bank of Darling & Co. $2 G4b Krause G4b
An exceptionally rare note which we have never had the privilege of offering in any previous sale. It differs from the Proof examples sold in the American Bank Note Company archives sale because this piece displays a red "Two" protector and the ABNCo sale sheet lacked any overprint. Krause lists this piece as a Rarity-7 example, and we see no reason to disagree. PMG has graded this piece Extremely Fine 45 EPQ and labeled it a Proof, taking into consideration its four POC at the signature blocks. We have some doubt as to its Proof status, but that debate is somewhat irrelevant as it pertains to a note of this rarity. Expect some serious bidding by the many collectors of this state's obsolete notes before the hammer falls on this lot tonight.
Fox Lake, WI- Bank of Fox Lake $1 July 16, 1855 C2 Krause C2
This is an extremely rare Wisconsin note which is listed, but not illustrated, in both the Haxby and Krause references. Only Proofs are known of the genuine version of this note, and this is the sole example of the signed and issued counterfeit we have ever encountered. Well circulated Very Good, with a hole in the lower right portrait.
Fox Lake, WI- Bank of Fox Lake $1 July 1, 1857 G4a Krause G4a
A very scarce note listed as Rarity 6 in the Krause reference. PMG has graded this 4 POC note Very Fine 20 and called it a Proof. We are not certain that designation is correct, as it is perhaps a remainder, but whatever the status, its desirability is unquestioned.
Howard, WI- Northern Bank $1 G2a Krause G2a
An attractive and very rare example showing the full top sheet selvage. Haxby lists this note as SENC, and lists the non-overprinted $1 as a Proof only. PMG has graded this piece Very Fine 30 and has called it a Proof, likely because of its four POC. Whether this is a Proof note or an unissued remainder could be a matter of debate. What is not debatable is that this is a beautiful rarity.
Janesville, WI- Central Bank of Wisconsin $1 UNL Krause UNL
While notes from this bank are listed in both Haxby and the Krause reference, this unlisted piece appears to be an earlier version, as the capital stock number on the listed pieces is $100,000 rather than the $50,000 printed on this example. As is the case with all of these PMG graded Wisconsin pieces bearing 4 POC, the grading service has labeled this a Proof while assigning a grade of About Uncirculated 50 EPQ. Whether a Proof or not, this rare and lovely note is certain to see spirited bidding before the hammer falls.
LaCrosse, WI- Batavian Bank $1 Nov. 20, 1861 G2a Krause G2a
A beautiful late issue American Bank Note Company produced remainder. There is a bit of hinge residue on the reverse, but this crackling fresh example is fully Choice Crisp Uncirculated.
Milwaukee, WI- Second Ward Bank $2 G4a Krause G4a
An exceptionally rare note from a bank we've never had occasion to offer in any of our sales. It's listed as a Rarity 7 in the Krause reference and features a wonderful paddleboat central vignette as a bonus. PMG has graded this 4 POC specimen as a Proof carrying a grade of Choice Extremely Fine 45 EPQ. As we have noted before, whether this is a Proof or an unissued remainder could be a matter of debate. In any event, this is a beautiful and rare note.
Milwaukee, WI- State Bank of Wisconsin $1 G2a Krause G2a
A second Milwaukee rarity from this wonderful Wisconsin grouping. This note is listed as SENC in Haxby, and is the first example of its kind that we have encountered. This institution adopted a national charter in 1865 and became the Milwaukee National Bank. PMG Very Fine 25, and called "Proof" by them. Whether a Proof or not is somewhat irrelevant, as its rarity and desirability are unaffected by whatever designation it bears.
Mineral Point, WI- The Bank of Mineral Point $100 Jan. 1, 1840 S12
This note represented a carefully calculated deception, as this "bank," which cleverly mimicked the title of the legitimate Mineral Point Bank, was a fraudulent institution issuing notes intended to pass as those of the Mineral Point Bank. Even the signatures on this note are virtual duplicates of those of the officers of the legitimate bank. Fine+++, with a petty body hole that affects little, a rare and seldom offered note.
Mineral Point, WI- Mineral Point Bank $5, $10 Jan. 1, 1840 G2, G4a
Two pieces, the $5 Fine or better, the $10 with a plain back and Very Fine.
Mineral Point, WI- Mineral Point Bank $20 Jan. 1, 1840 G6
A much higher grade than usual $20 example. The printed back has bled through a bit on the face. Very Fine-Extremely Fine.
Mineral Point, WI- Mineral Point Bank $50 June 1, 1838 G8a
A very scarce high denomination example, especially in this state of preservation. Nice Very Fine.
Prairie du Chien, WI- Bank of Prairie du Chien $2 G4a Krause G4a
A very rare note from a very rare bank which exists in Proof form only according to Haxby. We sold an uncirculated $1 Proof from here in our January sale which realized $4485 against a pre-sale estimate of $1750-2750. This example, which is housed in a PMG Very Fine 35 holder, displays the same 4 POC as the Proof we sold in January, but may well be a remainder. We'll let the debate rage, but if rarity is any guide, expect this note to easily reach and perhaps well exceed...
Rice Lake, WI- Knapp, Stout & Co. $2, $5 Krause SC8, 10
Two pieces of full size scrip, both with green printed reverses. The $2 is unsigned and grades Extremely Fine-About Uncirculated, the $5 is signed and grades Very Fine.
Sauk City, WI- Sauk City Bank $5 Nov. 1, 1858 S5 Krause S5
An exceptionally rare note from this spurious issuer. PMG has graded this example Very Good 8 Net and noted "Tears & Pieces Missing" on the holder. Low grade but rare, the first example from this issuer we've ever handled.
Sheboygan, WI- Bank of Sheboygan $1 G2b Krause G2b
A lovely remainder with a full red lace tint across the front of the note. Very Fine.
Watertown, WI- Bank of Watertown $3 Sept. 1, 1863 G6b
A lovely $3 remainder example in a PMG Gem Uncirculated 65 EPQ holder.
Watertown, WI- Bank of Watertown $1, $5 Sept. 1, 1863 G2b, G8b Krause G2b, G8b
Two remainder examples from the same sheet. Both have been folded over the years, the $5 has a few light age spots as well. Very Fine.
Waupun, WI- Corn Exchange Bank $2 G4b Krause G4b
This 4 POC example has been called a Proof by PMG and graded Choice Very Fine 35 EPQ. Unlike the other pieces in this offering, where each note is a rarity whatever its Proof or non-proof designation, this is a common note if an unissued remainder and a very scarce one if a Proof. We will let our bidders decide here, and offer this piece without estimate, letting the market rule.
Waupun, WI- Corn Exchange Bank $3 G6a
A PMG graded Gem Uncirculated 66 EPQ remainder example.
Waupun, WI- Corn Exchange Bank $2, $5 G4a, G8a Krause G4a, G8a
A pair of lovely remainders, each with a bright red protector. Both grade Choice Crisp Uncirculated.
Whitewater, WI- Bank of Whitewater $1 G2a Krause G2a
A rare and lovely fully green tinted example graded Very Fine 20 by PMG. They designate this item as a Proof, a classification we find somewhat doubtful, but whatever the label, this Wisconsin rarity is certain to see substantial bidder interest, likely ending in the range of...
Confederate Notes
T5 $100 1861 PF-1 Cr. 5.
The colors are bright on this original note that was printed by the Southern Bank Note Company (the New Orleans branch of the ABNCo.). Less than 6,000 notes were issued for this type. The back features the endorsement, "Disbursed Sept. 17th, 1861, Ferdinand Molloy, Capt of CS." Interesting to note that the bottom clause "Receivable in Payment of all Dues Except Export Duties" has been cut from the note. This cataloguer has seen other similar examples, and after speaking with the leading CSA experts, all agree that more study is needed to determine the reason. PCGS New 62PPQ.
T5 $100 1861 PF-1 Cr. 5.
A second gorgeous example, with just the lightest of handling keeping this pleasing Richmond note from Gem. The endorsement on the back reads, "Issued by me, Sept. 13, 1861, Maj. W I Andersen, Memphis, Tenn." PCGS Choice About New 58PPQ.
T5 $100 1861 PF-1 Cr. 5.
Another excellent Richmond Train note, this one housed in a PCGS Extremely Fine 40PPQ holder. A bold and rich green overprint highlight this nicely centered example, just barely missing being fully framed.
T5 $100 1861 PF-1 Cr.5.
A couple of folds and some light handling are barely noticed on this piece affectionately known as the "First Richmond" note. The inks are quite dark on this pleasing example which has plenty of red fibers embedded in the paper, which is typical for this type. Extremely Fine.
T6 $50 1861 PF-1 Cr. 6.
A gorgeous example, graded Choice About Uncirculated with a center fold and some handling noted. Almost fully framed with the nice splashes of red fibers noted on front and back. Less than 5,800 notes were originally issued, the last of the First Issue notes from the Confederacy.
T6 $50 1861 PF-1 Cr. 6.
A nice solid Fine example, with three pinholes noted in the portrait area. This note comes with a historically significant endorsement on the back, which reads, "Issued Oct. 3, 1861 Wm J Bromwell Disbursing Clerk Dept of State". When the Confederate government was preparing to evacuate Richmond, Bromwell was ordered by Secretary of State Judah Benjamin to remove the State Department records. Bromwell secretly hid the records in a barn in the Charlotte, North Carolina area, of which he would eventually advise John T. Pickett of the whereabouts. Pickett would then go on to sell the records to the United States government in 1872 for $75,000. While commonly called, "The Pickett Papers", we have Bromwell to thank for storing, and not burning, the early records of the Confederacy.
T6 $50 1861 PF-1 Cr. 6.
A second Fine example to choose from. A single pinhole is noted in the portrait area of Washington.
T8 $50 1861 PF-4 Cr. 18.
An excellent representation for type, graded PMG Gem Uncirculated 65 EPQ with full framelines around the note. PMG has only graded three notes at this level, with two higher.
T8 $50 1861 PF-7 Cr. 19.
This C plate example has been graded PMG Choice Uncirculated 64, and is fully framed. Fricke states that only 6,200 notes of this variety were issued.
T8 $50 1861 PF-2 Cr. 15/17.
A third uncirculated example, just missing Gem status due to handling noticed on the back. Only the upper left frameline is missing on this beauty. An ink splotch is noted at upper left, obviously from the fountain pen just being dipped into the ink well. Choice Crisp Uncirculated.
T8 $50 1861 PF-2 Cr. 15.
This PMG Extremely Fine 40 EPQ example is missing the frameline at top and right, and carries a comment on back "Pen Ink", which should be typical of the times, when people used an ink well and fountain pen. Ballpoint pens were not perfected until the 1940's, thanks to the Biro brothers.
T9 $20 1861 PF-12 Cr. 31.
This note represents the highest grade yet assigned to a T-9 by PMG, with only one other note grading 65. We have no qualms with the grade here, as the note is fully framed, with a single sign of handling on the back. If you are beginning to build, or have been building a finest known set of currency, you should definitely consider this example tonight. PMG Gem Uncirculated 66 EPQ.
T10 $10 1861 PF-13 Cr. 35.
This PCGS Very Fine 20 example depicting Liberty and American Eagle with Shield, displays good paper quality and most importantly has not been cancelled. Overall, the design is solid and well detailed.
T12 $5 1861 PF-1 Cr. 47.
Let's start with the positives: Great Color on back, and the central body of the note would grade Fine, and believe a grade of 85% Fine would suffice. Whether the damage was from Mothra, Ben the Rat, or bad storage is anyone's guess, but for those not able to add a T-12 to your collection, here is your chance to pick up an example that really isn't all that bad. About Good-Good.
T13 $100 1861 PF-4 Cr. 56.
This fully framed, Crisp Uncirculated example reveals a slice of the adjacent note in the right-hand margin. The top edge exhibits a trivial nick at the widest point of the margin. Listed as State II in the Fricke reference, due to the lack of doubled lines under "One Hundred Dollars." Ink erosion is noted in the Treasurer signature, along with some tiny pinholes.
T16 $50 1861 PF-11 Cr. 83.
Jefferson Davis is the central vignette, with this being the first of four different types of Confederate notes he is depicted on. PMG Very Fine 25.
T16 $50 1861 PF-17 Cr. 94.
This example was printed on paper watermarked "J.Whatman" with the date "1862" below. This paper was imported from Britain, and made it through the Union blockade. Only an estimated 700 notes were printed of this variety in 1861. Possibly a condition census note, this cut out cancelled example grades Fine-Very Fine. ex. Strange Collection
T17 $20 1861 PF-1 Cr. 99.
This PMG Choice About Unc 58 EPQ example appears to be kept from Choice by too much handling on one end. Fricke has identified two different types of the green overprint. This is the "short" overprint that does not extend over Liberty's head at left.
T17 $20 1861 PF-2 Cr. UNL.
This example has the "long" overprint that extends over Liberty's head. PMG Very Fine 25.
T17 $20 1861 PF-2 Cr. Unl.
This fully framed Very Fine example has the appearance of a much higher grade.
T17 $20 1861 PF-2 Cr. UNL.
Very Good, with great color for the grade. Fricke identifies this as a "long overprint" variety, as the green overprint extends over Liberty's head at left. Nicely cut, as most examples are cut in past the frameline on one side. The note has some minor splits on each end, and is cut-cancelled.
T19 $20 1861 PF-1 Cr. 137.
This is one of the most elusive notes of the Southern Bank Note Series printed out of New Orleans. The T-19 is much scarcer than its sister note, the T-15 "Train" note. This example is well-cut, crisp, and with some excellent dark red coloring. This Fine-Very Fine has been cut out cancelled, with some noted staining at left and on back. One small spindle hole is also noticed through Minerva at left.
T21 $20 1861 PF-5 Cr. 147.
This variety has a "CSA" watermark in script letters, which, while not listed as rare, is rare in this state of preservation. Fricke only lists seven notes in his Condition Census, and this would be a new addition to that list. The note is fully framed with an excellent cut. Interesting to note that, written in pencil on back, is "Bradbeer," the famed late 19th Century collector of Confederate notes. PCGS Very Fine 25PPQ.
T21 $20 1861 PF-3 Cr. 145.
This PMG Very Fine 20 example has been cut cancelled, as is noted on the back of the holder. Remembering that notes were hand cut in those days, one can envision how the interesting cut at top right took place.
T21 $20 1861 PF-3 Cr. 145.
This Stephens note grades Very Fine+ with great color. A tight cut along the top is noted, along with the typical cut cancels. In order to keep the cancels from separating, someone has applied a light coat of adhesive across the center of each cut on back, simply to keep this beauty from being torn. This is not even noticed from the front.
T22 $10 1861 PF-1 Cr. 150.
This scarcer note was printed by the Southern Bank Note Company (actually a nomme de guerre of the New Orleans branch of the ABNCo.) This $10 has sound edges, snappy paper, and an attractive orange-red underprint. Overall it is a nice mid-grade note that is not cancelled. Fine-Very Fine.
T24 $10 1861 PF-12 Cr. 163.
Not a hint of circulation is to be found on this beautiful note with nice orange color and sharp corners. Scrutiny reveals a pinhole, while the bottom edge drifts inside the frame line only under Hunter's portrait. Still a top drawer note worthy of a great Confederate collection. Crisp Uncirculated, CC.
From The Collection of a Louisiana Gentleman
T24 $10 1861 PF-11 Cr 164.
This popular note has strong print with excellent color, and the "CSA" watermark in script letters. A tough to obtain note at this grade level, regardless of the triangular cut cancels at bottom. An example without the cancels could cost close to $2,000. Choice About Uncirculated, COC.
T24 $10 1861 PF-11 Cr. 164.
This is an excellent representation for type and variety, graded PCGS Very Fine 25PPQ. PCGS also notes "Cut Cancelled", which is typical for this issue. The note is fully framed, with excellent margins all around, and it is watermarked "CSA" in script letters. Do not let this beauty get away tonight.
T24 $10 1861 PF-7 Cr. 161.
This example has been graded PMG Very Fine 25, with comments on back "Hinged."
T24 $10 1861 PF-10 Cr. 167.
This is a highly sought after example due to the scarce "NY" countermark that can easily be seen. Great color accentuates this Very Fine example, with tape repairs noted on back covering the cut cancels. Ranked in the Fricke condition census, on page 294 of Collecting Confederate Paper Money. A highly desirable note.
ex. Criswell and Strange Collection
T24 $10 1861 PF-13 Cr.166.
This example is a scarce note bearing the watermark "J. Whatman" and the date "1862" beneath it. This high quality paper was imported from Britain in 1862, making for excellent printing and deep rich coloring. This example is cut cancelled, with a repaired tear at upper right, and some light foxing on back. Still a highly sought after rarity, likely to make the Fricke condition census. Fine-Very Fine.
ex. Strange Collection
T24 $10 1861 PF-11 Cr-164.
This Fine-Very Fine example was printed by Keatinge and Ball on good quality paper. The vignette at lower left is of R.M.T. Hunter, Secretary of State for the Confederacy, and the lower right vignette is of Reverend Dr. Alfred L. Elwin as a child. This example bears a nicely centered "CSA" watermark in script form. A prime example that is uncut/uncancelled, and is practically fully framed, as notes were hand cut from the sheet.
T29 $10 1861 PF-1 Cr. 237.
This is an eye-appealing PCGS Very Fine 30 with natural paper surfaces. The edges are sound and this note has not been cancelled like so many others of this number.
T31 $5 1861 PF-1 Cr. 244.
This plate B example has been graded PMG Fine 12. Good color is also noted, as this type was printed on a thick bond paper which allowed the notes to survive heavy circulation.
T31 $5 1861 PF-2 Cr. 245.
While grading the typical Fine for this type, this "Five Females" note does have a full frameline and excellent cut. Plate letter C indicates this note was printed on the same printing plates as T-15's and T-22's in New Orleans by the Southern Bank Note Company during 1861.
T31 $5 1861 PF-1 Cr. 243
This example has been graded PMG Fine 12 Net, with comments on back of "Hole Repairs". Great color of the overprint is noted.
T32 $5 1861 PF-1 Cr. 246.
An amazing example, devoid of the oxidization of the overprint that is typically seen on this type. The note also has an amazing cut all around, revealing a complete frameline and nice margins. Graded PCGS Very Fine 25. A remarkable example sure to take its place within an upper tier collection tonight.
T32 $5 1861 PF-1 Cr. 246.
This "Blacksmith & Boy" example, while having cut out cancels at bottom, has excellent borders. Some of the oxidized overprint still remains while the rest of the printing remains strong. A nice, well balanced Very Good-Fine.
T32 $5 1861 PF-2 Cr. 249.
This "Blacksmith & Boy" issue has a couple of pinholes and a tiny notch out at upper left, but still retains some of the orange ink. Red Fibers are noted on back, along with the Criswell number written in pencil. Very Good+.
T33 $5 1861 PF-19 Cr. 257b.
This PCGS Very Fine 20 graded note has a nice lighter green color, which is a variety that also has a "FIVE" watermark. Approximately 4,500 notes of this variety are believed to have been printed by Keatinge & Ball in Richmond. Also of note is that "VA" after Richmond has about 50% of the print remaining.
T33 $5 1861 PF-11 Cr. 257Bb.
This T-33 has excellent color, a decent cut, and is printed on paper watermarked "Five", which is highly sought after. However, there is something extremely rare about this note, which is that the printers names at left, "Keatinge & Ball, Richmond" are missing "VA" after Richmond, which is listed as a State II example in Fricke. This is a new example for the census, which possibly now stands at four notes known of this type. Whether this is a Plate State II example, or an even new Plate type will require additional research. Two hinge remnants are noted on back. Choice Fine, COC. ex Strange Collection
T33 $5 1861 PF-20 Cr. Unl.
This is one of the major T-33 rarities, as not only is the paper watermarked with "FIVE", which is scarce unto itself, but also has the "Reoeivable" error at lower left. This spelling error is only found on notes with plate letter N. Fricke notes six examples in his condition census, so this should be number seven. The note has obviously had the top and bottom green borders cut off, and has also been cut cancelled, but with a rarity such as this, these are trivial. Very Good-Fine.
ex. Strange Collection
T39 $100 1862 PF-10 Cr. Unl.
This example was printed by J.T. Paterson out of Columbia, SC, and is significant due to the issuer on back. The endorsement reads, "Jackson, Miss July 18, 1862" and is signed "A.J. Guirot Asst. Tsr. C.S.". Guirot was the Assistant Treasurer of the Confederacy, and is a truly rare endorsement. This endorsement is highly sought after, especially among a group of specialized collectors commonly called "Trainmen". Very Fine.
T39 $100 1862 PF-16 Cr. 296.
This example is scarcer than most T-39's due to the lack of clouds over the ship at upper right, which Fricke calls a Plate State II. The back of the note carries some history with the hand issued endorsement that reads, "Issued this 4th day of September 1862 James T. Miller Depositary Agent." Mr. Miller was an agent who worked in and around the Wilmington, NC area during the Civil War. A great historical item. Very Fine, with a couple of pinholes noted.
T43 $2 1862 PF-1 Cr. 338.
Another amazing example for type, this PCGS Very Fine 30 note displays excellent color and print. The majority of notes seen are cut in on either side, just as this shows.
T43 $2 1862 PF-1 Cr. 338.
A second gorgeous example, with this note having been graded PMG Very Fine 25. It just misses being fully framed, as it was cut just along the top frameline. The majority of T-43's encountered have heavy circulation, and are typically in VG to Fine at best. Do not let either of these examples pass you by tonight.
T45 $1 1862 PF-1 Cr. 342A.
Great color, as well as an excellent cut with full framelines are the hallmarks of this gorgeous PCGS Extremely Fine 40PPQ example. The First Lady of South Carolina, Lucy Pickens is depicted at lower right, with Liberty depicted at left. Typically found in Very Good to Fine condition, expect this beauty to cross the auction block tonight in the range of...
T47 $20 1862.
This rare "Essay" note is now accepted for the most part as a contemporary fantasy note by the CSA collecting community, while Fricke categorizes it as a XX-2. It is still avidly sought after by Confederate enthusiasts due to its being listed in the Criswell reference for so long. A small piece of tape is noted on back, probably to repair a tear within Hunter's portrait at lower right. A couple of nicks are also noted at top and bottom, outside the frameline. Fine.
T49 $100 1862 PF-2 Cr. 348.
This is the third CSA note type to depict Lucy Pickens, out of a total of five, and a much more agreeable representation we would hope than those on the T-44 and T-45. This About Uncirculated example is beautifully fully framed. This is also the first note to be printed on both sides and also contains the wavy line watermark with "CSA" in block letters horizontally on the note. A great choice for a high-end collection.
T49 $100 1862 PF-2 Cr. 348.
A second Lucy Pickens example of this type, graded PMG Very Fine 30 EPQ. Just barely cut inside of the top frameline. Figure at lower right is of George Randolph, Secretary of War for the Confederacy.
T52 $10 1862 PF-9 Cr. 373.
This type, while very common, bears an extremely rare Trans-Mississippi re-issue stamp on the front of the note. The black stamp is one of the rarest types as it is in a straight line format, versus the commonly seen round format. The stamp reads "February 1864 Accepted as a Note issued under Act of Congress of March 23, 1863." The note has also been endorsed on the back stating "Received of W.A. Davis." Davis served in the 1st Regiment Texas Cavalry, Confederate States of America during this time. This is a nice historical example with ties to both the Confederacy and Texas. A grade of Good-Very Good has been assigned, accounting for the missing corner, stains, and nicks along top.
A Trio of T54's $2 1862 PF-11 Cr. 392.
Three consecutive notes, all graded PCGS Choice New 63.
T60 $5 1863 PF-16 Cr.455.
While appearing to be a common 1863 issued note, closer inspection reveals the "J. Whatman" watermark with the date "1862" beneath it. A clean crisp example bearing two half-moon cut out cancels at bottom. Most likely a candidate for the Fricke condition census. Very Fine. ex. Strange Collection
T61 $2 1863 PF-7 Cr. 473.
Judah Benjamin is depicted at right, who served as the Secretary of War and State, as well as Attorney General. The note just misses being fully framed by the lower left corner. These are still scarce at grade levels above XF. PCGS About New 55.
T64 $500 1864 PF-1 Cr. 489.
This PMG Choice Uncirculated 64 EPQ example apparently has missed gem by some handling on the left side of the note. Great pink color and printing on front, with just a small portion of a CSA Treasury stamp noticed at upper right on back.
T64 $500 1864 PF-1 Cr. 489.
A great example for type. Nicely centered, with a pleasing pink color. PCGS Choice New 63PPQ.
T64 $500 1864 PF-1 Cr. 489.
This $500 has a dusty pink color, and is graded PMG About Uncirculated 55.
T66 $50 1864 PF-UNL Cr. UNL
This is a newly discovered variety not referenced in either Fricke or Criswell, as at the upper left, there appears to be a "3 over 2" printing error. Fricke has identified a "2 over 1", but nothing of this sort. PMG Uncirculated 62, with notation on back of "Tears." This cataloguer can detect two miniscule ones barely into the margin. A CSA Treasury stamp is also noted at bottom left.
Ball 157 Cr. 117 £200 1863 Bond Fine.
All Erlanger bonds have an embossed British tax stamp as they were printed in London and they were denominated in pounds sterling and francs. A couple of tiny holes are noticed on this example, but otherwise this is a bright Very Fine. The Erlanger bonds are also signed by Confederate diplomat John Slidell. In the 1960s a relative of the Erlanger family burned the remaining bonds in the family's possession thinking they were worthless paper, thus enhancing greatly their scarcity.
Set of Interim Deposit Receipts Issued in Columbia, SC.
This set of four IDR's were issued to the Merchants Bank of South Carolina on August 30, 1864, and are in the amounts of $200, $300, $400, and $500. By presenting $1400 in Confederate notes, the bank then received Confederate Bonds for the same amount that would bear interest at 4% per year. Choice Crisp Uncirculated.
Bonham, TX- $246 Exchange Certificate Dec. 26, 1864.
This is a very interesting and rarely seen piece of Confederate financial history from an outpost on the Texas frontier. Exchange Certificate No. 1277 C.S. Depositary's Office Bonham, Texas Dec. 26th, 1864. This certifies that I.S. Richardson has deposited in this office, two hundred and forty six dollars of "Old Issue" Treasury Notes, to be exchanged, on his order, for two-thirds of that sum in "New Issue" notes, under Act of Congress of 17th of Feb'y, 1864, when this office shall be supplied with funds for the purpose, and on surrender of this certificate. Value $166 New Issue. "New Issue" notes (the February 17, 1864 issue) were exchanged at a lesser rate for older notes as an attempt to curb inflation. It looks like the clerk's math was $2 off and anyway, Mr. Richardson must have never surrendered this certificate to get his money, thus a boon for today's collectors. Very Fine.
Post Office Department to the Treasurer of the Confederate States of Am(eric)a $65.68 Warrant Jan. 2, 1865.
This is a great piece of Confederate postal history. This 8.25 by 4.5 inch transportation of the mails warrant was issued on the first business day of 1865 by Trans-Mississippi Department auditors to one Geo. Yarbrough who resided in Tyler, Texas. Then it was redeemed at the Confederate Depositary in Marshall, Texas. Portrait is of J. H. Reagan, Confederate Postmaster-General. Very Fine.
Miscellaneous
Complete American Bank Note Archive Series.
This is the complete beribboned six volume set, which was issued one per year from 1987 through 1992. This annual series of intaglio engravings was printed on acid-free cream-colored paper stock. Each set includes twelve 8 1/2" by 11 1/4" pages of vignettes with four to ten vignettes per page. Important historical information about each vignette is included with each volume. A few titles of the sheets are duplicated among the series, but each of the over 500 vignettes are different. These are on dealer price lists at $400 to $500 each.
Another Complete American Bank Note Archive Series.
This is a second set that is equally as nice as the preceding lot.
Fourth Liberty Loan 4 1/4% $50 Bond Oct. 24, 1918.
This attractive Liberty Loan Bond has nine coupons attached. A lightly penciled notation is found on the back and there are also three folds on this multicolored financial instrument. Extremely Fine.
3% Adjusted Service Bond of 1945.
This is a most interesting United States Bond that was issued in 1936 to World War One veterans. These instruments were the culmination of a long struggle by veterans to obtain payment of bonuses originally promised in 1922 by Congress for service in the First World War. Successive presidential vetoes through the years would keep the bonus from being paid. However, the "Bonus Army," whose march on Washington, DC ended in a contentious melee when regular army troops commanded by then Colonel Douglas MacArthur ousted them from their campground in 1932, formed and campaigned for their promised bonus to be issued, which it was finally after Congress overrode President Roosevelt's veto in 1936. These bonds were given upon application only to veterans of the Great War, in an amount based on length of service, at home or overseas, and between specified dates. The bonds were redeemable only by the veteran or his estate, with each bond containing space on the reverse for four fingerprints from the right hand of every applicant for payment, a feature we have seen on no other government obligation of any kind. The final maturity date was June 15, 1945, and they drew no interest unless held for one year. Likely because of their issuance during the depths of the Great Depression, and their many restrictions, most all of these bonds were speedily redeemed. This example is neatly centered within four margins and boldly embossed. Gem Crisp Uncirculated.
1893 World's Columbian Exposition Washington Specimen
This well margined piece is graded PMG Choice Uncirculated 64. It carries solid zero serial number '000000' and is punch cancelled along the signature line.
Complete Naramore Counterfeit Detector Set with Partial Box.
This is a beautiful condition set with all 18 notes present. These are actual photographic copies authorized by the Treasury Department in 1866. The photos are of Proof notes without the seals or signatures, but with the complete engraving. All nine denominations of Legals, from the $1 to the $1000 are present, as are the same nine denominations of Original Series National Bank Notes. This set is also ensconced in a partial Naramore Pocket Edition box. The outer slip case for the box is missing, but the cards have been well preserved. Original Naramore boxes are most difficult to come by, making even this partial box a true wonder of survival. This is one of the best sets of Naramore cards that we have ever seen. The gold trim remains bright, and the surfaces of all the cards are clean. We sold a similar set in September of 2006 for almost $2000.
Little Rock, AR- Postal Note 5¢ Sept. 10, 1889
This example has been off the market since we sold it in our May, 1997 auction, where we noted "First Postal Note of any type we've had from this obviously very scarce state for such material. Dated Sept. 10, 1889 and grading Fine, with a bit of ink erosion." In that era, even before the dawn of serious collecting of such material, its scarcity was recognized when it realized $286 against a pre-sale estimate of $100-200. In today's far more sophisticated market for Postal Note rarities, expect that figure to likely be tripled or quadrupled when the hammer falls tonight.
New York, NY- Postal Note 1¢ Nov. 17, 1884
A pleasing postal note for 1¢ that was payable by the Postmaster in Plainfield New Jersey. About Uncirculated.
Lewisburgh, PA- Postal Note $1.71 Jan. 20, 1885
These pieces were issued in Lewisburgh and payable in Philadelphia. Despite its value, it was never cashed. Very Fine.
Denison, TX- Postal Money Order 1¢ Jan. 4, 1900
This postal money order was probably issued for a collecting reason as it was made out for 1¢ and the payee never cashed it. "Denison" is printed in red ink at top, it is part of the postmaster's rubber stamping in blue ink at left, and it is also hand-written by the postmaster. Very Fine.
Small Size Note Advertisement July 1, 1929
This specimen printed by the Western Lithograph Co. was produced to alert bank customers of the upcoming change to small size notes. The design here, with Lincoln at center, is not often seen. A rubber stamp on back, "The First National Bank of Mackay, Idaho," was the reason why this note was placed into the impressive Sandpoint Collection of Idaho Nationals. Very Fine.
From The Sandpoint Collection
Military Payment Certificates
Japan B Yen Packs Six Different Denominations (1945).
10 Sen Original Pack of 100 Pick 63 Schwan-Boling 261 New
50 Sen Original Pack of 100 Pick 65 Schwan-Boling 262 New
1 Yen Original Pack of 100 Pick 67a Schwan-Boling 263 New
5 Yen Original pack of 100 Pick 69a Schwan-Boling 264 New
10 Yen Original Pack of 100 Pick 71 Schwan-Boling 265 New
20 Yen Original Pack of 100 Pick 73 Schwan-Boling 266 New.
Each pack is wrapped in a BEP band as these were printed at the Bureau in the summer of 1945. The final 10 Yen note has a spot on the back.
Series 471 $5. A gorgeous and colorful example of this elusive issue graded PMG Choice Uncirculated 64.
Series 471 $10 Very Choice New. Plenty of embossing remains, and with equal size side margins this truly would be a gem.
Series 471 $10 Choice New.
This is another lovely example as pleasing as the day it was released with its only blemish a tight upper margin.
Series 471 $10. A wonderful note that is hard to come by in high grade. This piece is graded PMG About Uncirculated 55.
Series 472 $5. The margins are huge on this pleasing example that has been called PMG About Uncirculated 55. High grade examples of this issue are elusive.
Series 521 $10 PMG Choice About Uncirculated 58. The scarcity of this issue cannot be overstated for this First Printing example.
Series 521 $10 PCGS Choice About New 58.
The reason for the About New grade is not apparent through the holder, though we suspect a light center fold. It's a very pretty piece, and a difficult number to acquire at this grade level and above.
Series 541 $1 Replacement Note Fine. A few pinholes are noticed on this still colorful replacement MPC.
Series 591 $5. The color is bright on this well margined example that is graded PMG About Uncirculated 55. Very difficult to locate at these grade levels.
Series 591 $10. This deeply inked PMG About Uncirculated 55 example has all the look and eye appeal of a new note. The last AU note sold for this issue hammered for $1265.
Series 691 $20 PCGS Superb Gem New 68PPQ.
Neither PMG nor PCGS has graded an example finer than 68PPQ. This piece was printed perfectly, with a rich blend of colors and detail.
World Paper Money
$25 Army Bill March 2, 1814 Charlton UNL
A fabulous new discovery offered here to the collecting public for the first time. The army bills were issued for the purchase of supplies and the payment of troops during the War of 1812. These bearer instruments were legal tender and were issued from the Army Bill office in Quebec City which had been established for that purpose. Charlton lists four issues, two dated in 1813, one dated in 1814, and one dated in 1815, each utilizing a different format. This bill matches none of the previously known issues. It is signed and issued, with an obligation paying interest at the rate of one farthing per day. The note grades Fine-Very Fine, with a bit of fraying at the right end and a long interior split. As a unique item, any estimate here is merely a guess, but if this were a unique piece of U.S. currency it would easily be a high six or low seven figure item. We will be conservative in the extreme here, and let collectors determine what the market price is on such a rare item.
Canadian Currency
UNL Pick S1096r 5s 1820
The Hudsons Bay Company is the oldest and largest company in Canadian history. At its height, HBC covered nearly 3,000,000 square miles, as they were at the forefront of the exploration and settlement of northern and western Canada. Paper money reminders of this great company are extremely elusive. This note was signed and dated May 11, 1820 in London, shipped to York Factory, Canada, and countersigned and dated November 15, 1820. York Factory was the sprawling complex located on Hudson Bay that was in use by HBC from 1684 to 1957. This very attractive example grades Extremely Fine with full counterfoil.
Brantford, CW- Bank of Brantford $5 Nov. 1, 1859 Ch # 40-10-02-08b
This boldly inked issued note grades Choice About Uncirculated due to some teller handling.
Halifax, NS- The Bank of Nova Scotia $100 Jan. 2, 1929 Ch. # 550-28-40
This is a scarce and desirable note and would make a welcome addition into many Charter collections. The colors are bright with plenty of eye appeal. The Charlton value of $9000 is sure to be eclipsed. Expect a realization for this PMG Very Fine 20 in the area of. . .
Montreal, PQ- The Bank of Montreal $10 Jan. 2, 1895 Ch. 505-44-04P Face and Back Proofs
This bank was founded by nine Montreal merchants in 1817. It was for many years the largest bank in Canada and it also served as the principal bank for decades to both the provincial and Federal governments. Acquisitions through the years led to many offices throughout Canada as well. The Choice AU face proof has four POC along the signature blocks and a few minor edge blemishes. The AU back proof also has four POC. The edges show a small notch and a few trivial nicks. This pair was printed on thin paper.
Montreal, PQ- The Bank of Montreal $10 Jan. 2, 1904 Ch. 505-48-04P Face and Back Proofs
These handsome proofs are printed on card stock and both are well embossed. Gem Crisp Uncirculated.
Montreal, PQ- The Bank of Montreal $20 Jan. 2, 1904 Ch. 505-48-06P Face and Face Counter "XX" Proofs
The face proof shows strong embossing and two small POC along the left frame line. The face counter proof shows a gray "XX" counter. Both were printed on card stock. Gem Crisp Uncirculated.
Montreal, PQ- The Bank of Montreal $5 Jan. 3, 1911 Ch. 505-50-02P Face Proof
Prominent embossing is a trait of this delightful card stock face proof. Gem Crisp Uncirculated.
Montreal, PQ- The Bank of Montreal $20 Jan. 3, 1911 Ch. 505-50-04P Face Proof
This is a stunning face proof with deep embossing. It is printed on card stock. Gem Crisp Uncirculated.
Montreal, PQ- The Bank of Montreal $5 Sep. 3, 1912 Ch. 505-52-02P Face and Back Proofs
These are well preserved card stock examples that display strong embossing. Gem Crisp Uncirculated.
Montreal, PQ- The Bank of Montreal $10 Sep. 3, 1912 Ch. 505-52-04P Face and Back Proofs
Bold embossing graces this lovely pair of proofs printed on card stock. Gem Crisp Uncirculated.
Quebec, QC- La Banque Nationale $5 Nov. 2, 1922 Ch. 510-22-02S Specimen
This is a neatly centered, embossed specimen note. "SPECIMEN" has been printed twice in red ink and roulette punched twice, too. PMG Choice About Unc 58.
Quebec, QC- La Banque Nationale $10 Nov. 2, 1922 Ch # 510-22-04S Specimen
Another pleasing example of a Specimen note from this issuer stamped SPECIMEN in red twice with roulette cancels as well. PMG Choice Uncirculated 63.
Sault St. Marie, PC- Bank of Brantford $1 Nov. 1, 1859 Ch. # 40-12-02R
This colorful remainder has been graded PMG Choice Uncirculated 64 EPQ.
St. Catherines, UC- Niagara District Bank $10 1854 530-10-??
This is a very interesting piece. We have looked this note over numerous times and cannot detect anywhere that this note was raised. We feel it is a new discovery as the print quality is too good for a counterfeit. Another question that gets raised is how would someone decide to make a raised note from a $1 to a $10 if a $10 was never issued. The collectors will decide the answer. Fine, with a corner missing at upper left.
St. John, NB- The Commercial Bank of New Brunswick $8 1860 Ch. # 180-16-08P
This lovely face proof and face tint proof board have been off the market for almost twenty years. Some minor notations and a couple of margin bumps are noticed on this pleasing odd denomination pair. Choice Crisp Uncirculated.
Toronto, ON- The Canadian Bank of Commerce $10 Jan. 8, 1907 Ch. # 75-14-24
A striking example of the multi-colored tens issued by this bank. Bright Very Fine, a tough note in this state of preservation. Staples holes are noted just to the left of the baby with tablet.
Toronto, ON- Canadian Bank of Commerce $10 Jan. 2, 1917 Ch. 75-16-02-06P Face and Back Proofs
The face proof is of the black and white variety while the back proof is printed in blue. Both are printed on card stock, too. The face proof reveals just a touch of handling, thus the Choice AU grade. It also exhibits one small shadow punch cancel plus embossing. The XF back proof has a lateral fold just below center and there is also a fold one and a half inches inside the left edge. A tiny hole is found where the two folds intersect and the extreme lower left corner tip is missing. A very interesting General Engraving Dept. Supt's Office date and time rubber stamping is found on the back.
Toronto, ON- Ontario Bank $5 June 1, 1888 Ch. 555-18-02P Face and Back Proofs
This bank's roots extend back to 1857. Due to financial mismanagement it was absorbed by the Bank of Montreal in 1906. The card stock proofs presented here are of the black and white format. The face is boldly embossed and it is uncancelled, while the back has two small POC. Gem Crisp Uncirculated.
DC-1c 25¢ 1870 Full Uncut Sheet of Ten.
This is a rare sheet with the 2008 Charlton reference not listing any full ten-subject uncut sheets for this number. The main folds of this sheet are down the center and between the notes. There is also three small spots of paper separation along the center axis. A couple of edge tears are noticed with the longest being an approximate one inch tear at the top of the left fourth note. There is also a little more handling displayed, but each note would grade Extremely Fine. One note has also toned a shade on its back, but the rest of this fantastic sheet is bright.
DC-1c 25¢ 1870.
This pleasing plain "no series" variety has been graded PMG Extremely Fine 40.
DC-12 $1 1897
A one year type which is a scarce note in any condition. Evenly circulated Fine, with good color and body for the grade.
DC-13a $1 1898
This is a pretty note with excellent color that faces up well in the holder. Graded PMG Choice Very Fine 35 EPQ, expect to see the hammer fall in the area of. . .
DC-18c $1 1911
A much above average example housed in a PMG Choice Extremely Fine 45 EPQ encasement.
Dominion of Canada $500 1911 DC-19 "Queen Mary" PMG Very Fine 20.
An amazing note which is one of the classic rarities in Canadian currency. Until the discovery of this note there were only two examples in private hands. In fact, this type and denomination is so rare that it is even lacking in the official Bank of Canada collection. The specimen we offer here has been graded PMG Very Fine 20 with mention of minor restorations, which, although present, are exceedingly difficult to detect. Its existence represents a true miracle of survival attesting to the fact that these high denomination pieces were actually used in commerce. If this were a United States issue, where this became only the third example known for the design type, it would easily be a million dollar note. Canadian notes have grown in popularity and, given the performance of the Flynn Collection, the market for true Canadian rarities is beginning to generate prices which are now standard south of the border. The current Charlton catalog places a value on this note in this grade of $250,000 Canadian. Our best guess here is that this "Queen Mary" note will bring a solid six figure price, but if two or more determined bidders decide they have to own it, our estimate will likely be conservative in the extreme.
DC-23c $1 1917
A soft center fold is the only blemish on this colorful Princess Patricia note. PMG Choice About Unc 58 EPQ.
BC-23b $5 1937
A well centered and bright example bearing the PMG assigned grade of Gem Uncirculated 65 EPQ.
BC-23c $5 1937
This is a rather common note, but it is an exceptional specimen, with exquisite colors and huge margins on both front and back. It has garnered the very hard to obtain grade of Superb Gem Uncirculated 67 EPQ by PMG, tying this note (with several others) for finest known for this Charlton number.
BC-32a $10 1954 Devil's Face Two Examples.
A pair of pleasing Devil's Face notes with one awarded the impressive grade of PMG Gem Uncirculated 66 EPQ and the other Choice Uncirculated 63 EPQ.
Canadian $1 and $2 Ascending/Descending Ladder Bonanza.
This lot contains the following ladder serial number notes:
BC-37b-i 1954 $1 (3) 1234567 PMG Gem Uncirculated 65 EPQ; 2345678 PMG Gem Uncirculated 66 EPQ; 6543210 PMG Superb Gem Unc 67 EPQ;
BC-37b 1954 $1 (2) 3456789 PMG Gem Uncirculated 66 EPQ; 4567890 PMG Superb Gem Unc 67 EPQ;
BC-37d 1954 $1 (2) 7654321 PMG Gem Uncirculated 66 EPQ; 9876543 PMG Gem Uncirculated 66 EPQ.
BC-38b 1954 $2 (8) 0123456 PMG Superb Gem Unc 67 EPQ; 1234567 PMG Gem Uncirculated 65 EPQ; 2345678 PMG Choice Uncirculated 64 EPQ; 3456789 PMG Choice Uncirculated 64 EPQ; 6543210 PMG Superb Gem Unc 67 EPQ; 7654321 PMG Choice Uncirculated 64 EPQ; 8765432 PMG Gem Uncirculated 66 EPQ; 9876543 PMG Gem Uncirculated 65 EPQ; 0987654 PMG Gem Uncirculated 66 EPQ;
BC-38d 1954 $2 3456789 PMG Choice Uncirculated 64 EPQ.
BC-37b $1 1954 Solid Eight Serial Number.
This wonderful "Modified Portrait" note carries solid serial number eight and is graded PMG Choice Uncirculated 64 EPQ.
BC-46a 1973 $1 Solid Nine Serial Number.
This Crisp Uncirculated note carries a fancy solid nine serial number.
Bank of Canada Specimen Set 362 With Matching Serial Number Set 362 1969-1979
This is Specimen Set 362. The $1; $2; $5; $5; $10; $20; $20; $50; and $100 specimen has serial numbers of all zeroes and three of the notes are double perforated "SPECIMEN." Charlton numbers are BC-46aS; 47aS; 48aS; 53aS; 49aS; 50aS; 54aS; 51aS; and 52aS. All are Choice AU or better. Included in this lot are issued notes bearing serial number 362. They are $5; $5; $10; $10; $20; $20; $50; and $100.
Charlton numbers are BC-48a; BC-53a; BC-49a; BC-49c-i; BC-50a; BC-54a; BC-51a; and BC-52a. All notes grade Choice AU or better.
BC-49cA $10 1971 Replacement
A colorful replacement note that has been awarded a grade of PMG Gem Uncirculated 65 EPQ.
BC-54aA $20 1979
A gorgeous example of the first replacement notes issued in this series. Few if any certified examples will turn out to be nicer. PMG Gem Uncirculated 66 EPQ.
BC-55bA $2 1986 44 Consecutive Replacements.
These notes all grade Gem Crisp Uncirculated and carry replacement prefix ARX. Charlton values these at $35 each in Gem.
BC-55bA $2 1986 50 Consecutive Replacements.
Another pleasing run of notes that all grade Gem Crisp Uncirculated and carry replacement prefix ARX. Charlton values these at $35 each in Gem.
BC-55bA $2 1986 50 Consecutive Replacements.
Another group of notes which all grade Gem Crisp Uncirculated and carry replacement prefix ARX. Charlton values these at $35 each in Gem.
BC-55bA $2 1986 50 Consecutive Examples.
These notes all grade Gem Crisp Uncirculated and carry replacement prefix ARX. Charlton values these at $35 each in Gem. The last of this interesting grouping of
Canadian replacement notes.
Matching Serial Number "410" Set 1986-91.
This lot consists of $5 BC-56a; $5 BC-56c-i; $10 BC-57a; $20 BC-58-a; $20 BC-58a-ii; $50 BC-59a; and $100 BC-60a. A few of the notes have counting crinkles. Choice Crisp Uncirculated.
Encased Postage
HB-1 EP-1 1¢ Aerated Bread Choice About New. Fully the equal, if not a touch nicer, than Fred Mayer's outstanding piece which we sold last September for over $4800. The One Cent is the only collectible denomination for this merchant. Fred Reed shows 56 auction appearances between the years 1891 and 1994, which includes considerable duplication. He lists the piece as an R-7, indicating eleven to fifteen known. The Hodder-Bowers reference agrees, stating "...very rare, with under fifteen different specimens believed to survive." While fifteen known usually does not command a very high premium for an encasement, this Aerated Bread 1¢ is in a different category. It is the only denomination available for the merchant other than the unique 5¢, which we sold in Mr. Mayer's collection last September for over $14,000, and no other denominations were produced. This piece has a touch less silver than the Mayer example, but both the mica and stamp are better, each virtual perfection.
HB-17 EP-3 1c Take Ayer's Pills About New. A considerable amount of silvering remains behind the letters on the attractive light-brass colored case. The well centered stamp is fully fresh, with all its color, and the mica shows only a few surface marks and one short crack running from the upper left to the very top of Franklin's hair. This is a relatively common piece, rated as an R-3 by Reed (41-50 known).
HB-27 EP-4 1c Ayer's Sarsaparilla Small Ayer's Very Fine. The case shows a considerable amount of actual circulation wear, which has flattened the tops of all the letters. The mica has held up amazingly well, considering the actual use this piece has seen, and it remains 100% clear, with just a single minor separation at the very top center. The stamp is totally fresh, well centered and extremely attractive. While not a terribly rare piece by actual census count, these Small Ayer's examples are almost never seen on the market. Fred Mayer had only a single Small Ayer's One Cent, and this piece is much its superior.
HB-28 EP-4a 1¢ Ayer's Sarsaparilla Choice Extremely Fine. This is the medium "AYER'S" variety. The case retains nearly full silvering on the back and even some on the front tabs, while the stamp is a touch faded as usual and is a bit wrinkled. The mica has one small area of crackling at the lower right.
HB-30 EP-34a 3¢ Ayer's Sarsaparilla Extremely Fine. The most common piece of encased postage, and an ideal example to represent the type. The case is a nice, natural medium-brass color which is totally problem-free. The stamp is very nearly fully bright. The mica is primarily clear with a short crack at the upper left of Washington's face and a minor craze mark toward the bottom of the right tab.
HB-32 EP-34b 3¢ Ayer's Sarsaparilla About New. Last appearing in our 2007 Central States Sale, where it was described, "This is the variety with the large "Ayer's." The case is a perfect medium brown, the stamp is fully bright and the mica is close to perfect. A much harder variety to find this nice."
HB-32 EP-34b 3¢ Ayer's Sarsaparilla Large Ayer's Extremely Fine. Fred Reed's rarity rating for this variety is R-3, indicating 41 to 50 known, and we feel that that number is just about right. The case is a nice XF, with a rather light brass color. The stamp and mica are just about perfect. Our consignor indicates this is the Dunham example, previously Lot 2433 from that sale.
HB-36 EP-98a 10¢ Ayer's Sarsaparilla Medium Ayer's Extremely Fine. Fred Reed estimates 16 to 20 examples of this number are known, a figure with which we have no disagreement. There were five examples in our sale of the Mayer Collection last September, all of which were almost identical in grade to this piece. The stamp is 100% fully bright, the mica has only minor surface marks and one small craze in Washington's hair, and the case is a full XF-AU with silver remaining behind almost every letter. The Mayer pieces sold from $450 to $625, a range that this nice Encasement will also fall into.
HB-45 EP-36 3¢ Bailey & Co. Very Fine. R-8 is the most "common" rating of any of the Bailey's, with the One, Three, Five and Ten Cent all earning that designation from Reed. His 104-year auction survey also indicates almost identical frequency of appearance for those four denominations. However, the Three Cent, in recent years, has appeared the most often, and one gets the distinct impression that it is the most available denomination of this scarce merchant. This one is not a particularly nice piece. The case is well worn and the stamp a bit faded. The mica, however, is far above average.
HB-49 EP-6a 1¢ Joseph L. Bates Fancygoods Choice About New. About half of the back retains silvering on this lovely high grade example. The stamp is bright and bold with just a touch of minor wrinkling in the center. The mica is just about as flawless as is ever seen. An outstanding example from this Boston merchant.
HB-49 EP-6a 1¢ Joseph L. Bates About New. An exceptionally high-grade example of the second most common of the Bates pieces. This is the variety with "FANCYGOODS" as one word. The case is essentially Uncirculated and a nice medium-brass color. The stamp is fully fresh, and the mica only exhibits a very minor surface disturbance. A high-end piece that would please the fussiest of collectors.
HB-50 EP-6 1¢ Joseph L. Bates Fancy Goods Choice About New. A fair amount of silvering remains on the case, which is as close to uncirculated as any encasement is likely to be found. This variety of the One Cent, with "Fancy Goods" as two words, is considerably rarer than the one-word, "FancyGoods." The stamp is fully brilliant and the mica nearly perfect. An exceptionally high quality example that was previously Lot 400 from Stack's June 2004 sale.
HB-50 EP-6 1¢ Joseph L. Bates Fancy Goods About New. A nice example of the more common 1¢ variety with "FANCY GOODS" as two words. The case is a glossy medium-brown with virtually no signs of circulation at all. The stamp is well centered and fully fresh. The mica shows no disturbances save for a few minor separations between layers, which are visible only when the piece is held under angled light.
HB-65 EP-103 10¢ Brown's Bronchial Troches Extremely Fine-About New. A lovely example, with a high-grade golden brown case, a bright, bold stamp and a mica that shows only the most minor surface imperfections. Previously Lot 417 of Stack's June 2004 Western Collection sale, where it was called Choice About Uncirculated.
HB-65 EP-103 10¢ Brown's Bronchial Troches Extremely Fine. The case shows very little actual circulation, but the surface of the back is rough. We've seen this a few times before, and it is apparently as-made, as there is no chance that the stamp would have survived the long-term moisture contact that is usually associated with this surface characteristic. In any event, the case is far from unattractive, the stamp is beautifully fresh and quite well centered and the mica clear save for two crazed areas, one behind Washington's head and a second at the bottom center.
HB-67 EP-8 1¢ F. Buhl & Co. Extremely Fine. Reed considers this One Cent Buhl as an R-8, indicating five to ten pieces known, a range with which we are inclined to agree. We've handled five over the years, and we suspect that eight or ten examples are known. This one has a nice XF case that is totally free of flaws, and has a handsome, natural light brass color. The stamp, although less than fully fresh, still has its strong blue color and looks quite nice. The mica has no flaws worthy of mention and is very substantially crystal clear. Fred Mayer had two pieces of this number in the collection we sold last September. One realized just about $3000, and the other $3700.
HB-75 EP-69 5¢ Burnett's Cocoaine Extremely Fine. A common Encasement, but a rather nice piece, with a high-grade medium-tone case, fairly fresh stamp and a mica with just a few minor surface marks. An excellent piece for type.
HB-81 EP-10 1¢ Burnett's Standard Cooking Extracts Extremely Fine. The One Cent is the scarcest of the lower denomination Burnett's cooking extract pieces. Reed considers it to be an R-6, indicating sixteen to 20 known, and we suspect that is about right. The case is a solid XF-AU, the stamp 100% fully bright, and the mica clear, with just a few surface marks.
HB-85 EP-107 10¢ Burnett's Standard Cooking Extracts Ribbed Frame Extremely Fine.
One of only two examples in existence to our best knowledge. The Stack's June 2004 example was referred to as "Possibly unique." Reed's auction census indicates ten examples appeared during the 104-year survey, and he rates the piece in his rarity scale as an R-9. Ten auction appearances is consistent with two or three known examples, and we are quite certain the number is two. This piece has a problem-free dark brown case, a fresh stamp and a mica with just the most minor of imperfections. This 10¢ Burnett's Cooking extracts is the only denomination found in a ribbed frame, making this piece even more important.
HB-96 EP-12 1¢ Dougan Very Fine. Dougan is a rare merchant, with only about 30 examples known for all denominations combined. About ten examples of this One Cent denomination have been traced, and this piece is safely in the top half for condition. Dougan is the only merchant in the Encased Postage series that has an illustration on the case. The mica on this piece is very nearly perfect, with only a few surface marks. The stamp, while not fully bright, has retained strong color. The case itself is a nice natural brass color, flawed only by two small dents at the top: one above the "U" in "DOUGAN," and the other right on the rim.
HB-98 EP-73 3c Dougan Very Fine. Reed's auction census shows 21 appearances of Five Cent Dougans, which of course includes multiple reappearances. He estimates the 5¢ to be an R-8+ (five to seven known). We are in agreement, as is the Hodder-Bowers reference and the Stack's June 2004 catalog. This piece is the nicest we've handled of this number. It blows away the Mayer example which, although it had an Extremely Fine case, had a really bad stamp and mica. This piece has a solid VF-XF case, with no problems whatever, a beautifully centered, reasonably bright stamp and a mica that is perfectly clear under direct light and shows only some minor separation between layers at the edges under angled light. The Mayer piece, which was rather unpleasant, realized $2760. This piece should do far better.
HB-100 EP-13 1¢ Drake's Plantation Bitters About New. The case is a gorgeous, natural glossy light golden brown, with virtually no traces of circulation. The stamp is a fully brilliant blue, and it is very nicely centered. The mica is essentially perfect. Not a rare piece, but in extraordinary condition. Previously Lot 463 from Stack's June 2004 sale.
HB-100 EP-13 1¢ Drake's Plantation Bitters About New. A common Encasement, rated as an R-2 (51-100) by Reed, which is no doubt accurate. The case of this piece is a light, natural brass color with just a tiny trace of silver behind a few of the letters. The mica is essentially perfect, and the stamp is toned down just a touch from full brilliance. An extremely nice Encasement.
HB-115 EP-166 24¢ Ellis McAlpin & Company Very Fine. The case shows a fair amount of wear from actual circulation, but it is totally defect free and very attractive. The mica has lots of extremely minor surface marks from circulation, but it is 100% clear, with no cracks, crazes or disturbances of any kind. The stamp is beautifully fresh and perfectly centered. In spite of the VF grade, this is one of the nicest, best balanced Twenty-Four Cent pieces we have seen. Surprisingly, the 24¢ is one of the most common denominations for this merchant. Reed shows 24 auction appearances in his 104-year survey period, and considers it to be an R-8, with five to ten examples known. The Stack's June 2004 catalog considers the census to be "Ten to a dozen," and we tend to agree. It is actually one of the more available of the 24¢ encasements. Fred Mayer had two examples of this number, a problem piece which realized $1495, and a nice VF which realized $3740.
HB-116 EP-14 1¢ G.G. Evans Extremely Fine. One Cent Evans pieces are rated as R-7 by Reed (11 to 15 known.) It is really, in spite of its rarity, the only readily collectable denomination of this very scarce merchant. Evans encasements do not contain the cardboard insert common to all other merchants pieces. Consequently, the micas are almost always pushed in to some extent. This piece shows that effect, but not as drastically as most Evans encasements, although it also lacks the cardboard (drop any other encasement and an Evans encasement from about an inch high onto a hard surface, and the difference can be readily heard.) The stamp is beautifully bright, and the case is perfectly natural in multi-tone brass colors, which for some reason is very typical of Evans pieces. Fred Mayer's example, which we sold last September, was a touch nicer and realized $2530. This one should pull up just a bit short of that.
HB-122 EP-77 5¢ Gage Brother & Drake (Tremont House) Extremely Fine. Only the Five Cent and Ten Cent denominations of this merchant are easily found. This Five Cent has a lovely case, a clear mica save for some minor surface marks and a beautifully bright stamp.
HB-123 EP-114 10¢ Tremont House Gage Brothers & Drake Extremely Fine. The case is a lovely deep, olive brown with a small stain at the left tab. The stamp is somewhat faded, and the mica shows some minor marks and crazes. ex-Stack's 6/2004 Lot 622.
HB-125 EP-147 12¢ Gage Brother & Drake (Tremont House) Extremely Fine. From our sale of the Mayer Collection last September where it was described: "This Twelve Cent Tremont House in an extremely rare piece. The Hodder-Bowers book says, "The Twelve Cent value is an extreme rarity in the series; only two specimens can be accounted for presently." The Stack's June 2004 catalog felt that fewer than five pieces were known, and possibly just three. Fred Reed considers it an R-9, meaning two to four known. We know of only three examples. Frederick Mayer has noted on his flip that this piece is ex-Perl, Lot 1072. That lot was not photographed, and the catalog description is ambiguous, but every one of Mr. Mayer's verifiable pedigrees was correct, and we suspect this indeed is the Perl specimen. It's a lovely piece, with a solid XF medium-brown, problem free case. The stamp is exceptional, with fresh colors and decent centering. The mica is clear, but the top layer has separated. The mica underneath (the mica in Encased Postage stamps is usually five or more layers thick) remains fully intact. The area affected by the separation is from Washington's chin to the bottom of the piece. This minor flaw may have caused the "Dented" comment in the Perl catalog description." Several pieces from the Mayer sale have re-auctioned in the past year at very strong prices. This piece realized $2800 last September and should eclipse that tonight.
HB-133 EP-116 10¢ J. Gault Choice Extremely Fine. Another high-end example of the most common Ten Cent Encased Postage. The case is a lovely, even light brass color, the stamp is fully bright and the mica is essentially perfect. There is not a trace of a problem with this ideal piece.
HB-133 EP-116 10¢ J. Gault Very Fine-Extremely Fine. A nice average example of this more common Ten Cent piece. The stamp is reasonably bright, the mica is clear, with only a tiny crack at the upper left, and the case is a decent XF, with a little minor staining on the back.
HB-134 EP-117 10¢ J. Gault Ribbed Frame About New.
Rated as an R-6 by Reed, indicating sixteen to twenty known, which we think may be a hair on the low side. This is the second most common of any Ribbed Frame Encased Postage. We note the back is rotated ninety degrees, however, our opinion has been and continues to be that any premium for fully and partially rotated backs on Encased Postage is simply silly. Production standards were lax at best, and the only reason rotated backs have ever been mentioned in catalogs is, in our opinion, for the lack of something else to say. This piece has a lovely About New case, an exceptional stamp, both in color and centering and a rather average mica, with some crazing and minor cracks in the vicinity of the left tab.
HB-134 EP-117 10¢ J. Gault Ribbed Frame Extremely Fine. This is the much scarcer Ribbed Frame variety. The outer edge of the encasement has a lovely olive toning, with the back an even medium brown across the entire surface. The mica is completely intact, with a couple of small areas of crazing, only noticed under magnification. The stamp has faded a bit, however, it is still a pleasing green. Ex. NASCA January 1983, Lot 194.
HB-135 EP-148 12¢ J. Gault About New. A flawless, clearly original example of the most available of the 12¢ Denomination pieces. The case is a most attractive two-tone brass and reddish brown, with virtually no sign of wear. The mica is clear, with only the most minor of surface blemishes, and the stamp has retained strong color and good eye appeal. The case is tightly, evenly and perfectly closed all the way around.
HB-135 EP-148 12¢ J. Gault About New. This is the most common Twelve Cent encasement. Reed rates it as an R-4, indicating 31 to 40 pieces known, which may be a tad on the high side, but there are certainly close to 30. In any event, this is an extraordinarily nice one--finer than any of the three in the Mayer Collection, which we sold last Fall. The case is a medium olive-brass and absolutely problem-free. The stamp is fresh and the mica is as perfect as these ever come.
HB-135 EP-148 12¢ J. Gault Choice Extremely Fine. The case is a beautiful, even, medium brown, the stamp is bright and perfectly centered, and the mica is essentially perfect. It's tightly, evenly and perfectly closed all the way around, allowing for not the slightest suspicion of this piece's genuineness. A beautiful example of a scarce and popular denomination.
HB-135 EP-148 12¢ J. Gault Extremely Fine. A flawless, clearly original example of the most available of the 12¢ encasements. The case is a medium brown with some reddish highlights, the mica virtually flawless and the stamp primarily bright with a little darker toning at the very top. A handsome piece and an ideal representation of this scarce denomination.
HB-137 EP-167 24¢ J. Gault Choice About New. The case is a glossy, medium mahogany without a trace of a flaw. The mica is clear and problem free, and the stamp, although not 100% bright, is quite close to it. The case is tightly and evenly closed all around, guaranteeing that the genuineness of this piece is beyond suspicion.
HB-137 EP-167 24¢ J. Gault About New. A beautiful example of this very scarce denomination, with a bold stamp, a near-perfect mica and a perfect, tightly-sealed, problem-free case. Another rare and highly desirable, unquestionably authentic 24¢ encasement.
HB-139 EP-178 30¢ J. Gault Plain Frame Choice Extremely Fine. A solid case that possesses attractive olive toning holds a nice 30¢ Ben Franklin stamp that still retains much of its original orange color. The mica is almost completely clear with only a couple of minor laminations. A lovely example of this popular issue.
HB-144 EP-48 5¢ L.C. Hopkins & Co. Extremely Fine. Although the Three Cent is the most common of the Hopkins pieces, it is itself an important rarity, with fewer than eight examples known in all grades. This particular piece is one of the finest we know of. It's virtually identical to the Mayer piece, which realized $3000 last September. The case is a light brass color that approaches full About Uncirculated grade, the stamp has about 90% of its color, and the mica shows only a few surface marks and a short crack that runs from the bottom left to the tip of Washington's bust. A rare and important merchant.
HB-152 EP-82 5¢ Irving House Ribbed Frame Choice About New. This pretty piece is a real contender for the fully Uncirculated grade. The case is a beautiful medium-brass color, the mica is essentially perfect and the stamp is beautifully centered and very bright. An unusually nice example of this far-from-common piece.
HB-154 EP-119 10¢ Irving House - Hunt & Nash Ribbed Frame About New.
It is fully About New, with a hint of original color behind some of the letters. The Ribbed Frame face of the case is flawless, the reasonably fresh stamp is perfectly centered and the mica shows only the normal surface marks and some extremely minor crazing at its outer edges. A very exceptional example of this scarce piece.
HB-154 EP-119 10¢ Irving House - Hunt & Nash Ribbed Frame About New.
The stamp is a bit toned but quite acceptable, and the mica is exceptional, with only the most minor separations visible at certain angles of light.
HB-154 EP-119 10¢ Irving House - Hunt & Nash Ribbed Frame Extremely Fine. This Irving House Ten Cent is one of the more common Ribbed Frame pieces. There were five in the Mayer Collection. This piece, which is not from that collection, slips about midway into the other five pieces for condition. They realized from $575 for a somewhat flawed example to $1265 for a very nice XF. This piece has a nice AU case, with the typical lighter Irving House coloration. The stamp is quite bright, and the mica has only minor surface defects, with no cracks. The ribbed-frame face is very well produced, with deep, distinct ribbing. A very nice example for the collector looking to own a ribbed-frame piece for type.
HB-162 EP-83 5¢ Kirkpatrick & Gault Extremely Fine. This is the most common of the Kirkpatrick and Gault pieces, rated as an R-3 by Reed, which indicates 41 to 50 known. This is a very nice example, with a high-end problem-free case, a beautifully fresh stamp and a clear mica with just a single area of crazing above the right tab.
HB-163 EP-120 10¢ Kirkpatrick & Gault Extremely Fine. This is a relatively common piece, considered to be an R-5 by Reed, indicating 21 to 30 examples known, a number that we are in agreement with. This piece has an outstanding high-grade case with a nice natural sheen. Unfortunately, the other side is not as well preserved. The stamp has a tear running from the top right well into Washington's head; the mica has a number of crazes and minor surface marks as well as a crack in the same area as the stamp tear, although they are clearly not related.
HB-166 EP-181 30¢ Kirkpatrick & Gault Extremely Fine. All 30¢ Encased Postage pieces are rare and highly desirable. This Kirkpatrick & Gault example is one of the more common pieces of the denomination, with about fifteen examples known. As with all high-denomination encasements, genuineness is of paramount concern. This piece is above suspicion, with a tightly sealed, perfectly formed case all the way around. The case itself is problem-free, the orange 30¢ stamp remains beautifully bright and the mica approaches perfection. There are a few as-made wrinkles in the stamp, but they do nothing to detract from this highly important piece.
HB-170 EP-84 5¢ Lord and Taylor About New. The case is a glossy medium brown, the stamp is beautifully fresh though centered a bit high and to the right, and the mica has only minor crazes at one or two places at its outer edges. Rare and handsome.
HB-172 EP-153 12c Lord & Taylor About New. Fred Reed considers this 12¢ Lord & Taylor to be an R-8, indicating that five to ten examples are known. We agree. A solidly handsome and very rare piece in extraordinary condition. About 40% of the silvering remains on the fully About New case. The beautifully centered stamp has terrific color, and the mica is essentially flawless. The Mayer piece, which was a VF, realized $4600 last September, and this wonderful example of this rare and popular merchant should certainly do as well.
HB-177 EP-52 3¢ Mendum's Family Wine Emporium Extremely Fine. From our Central States 2007 catalog description: "The case shows almost no wear, but the stamp is badly stained and the mica quite cracked. This piece is ex-Stack's Arnold Perl Collection from December 1969. It is either unique or one of two known, depending on the source consulted. No three cent Mendum's was in the massive collection sold by Stacks in June of 2004. This piece has always been considered genuine, and in fact, it may well be. But it certainly has elements that this cataloger considers suspicious."
HB-178 EP-85 5¢ Mendum's Family Wine Emporium About New. This Five Cent Mendum's is the second most common denomination for the merchant, with a Reed rarity rating of R-6, indicating sixteen to 20 examples known. It's a beautiful piece, equal to Fred Mayer's best. That Mayer piece realized $1380 last September. This one has a flawless case, with about 70% of its original silver remaining. The stamp is beautifully bright and well centered, and the mica nearly fully clear, with just a minor internal separation near the left tab.
HB-186 EP-87 5¢ John W. Norris Extremely Fine. Fred Reed considers this 5¢ Norris to be an R-9, indicating two to four known, and Bowers & Hodder, in their Encased Postage book, estimate that fewer than 20 Norris examples survive today for all denominations combined. This one is a beauty, with a fully bright stamp, a high-end XF case that exhibits a touch of silver (in the CHI of CHICAGO) and a mica that shows just a few tiny disturbances, the worst of which is in front of Jefferson's shirt. This piece is only very slightly behind the Mayer piece, which we sold last September. That piece realized $3500 on a day when Encased Collectors' budgets were stretched to the maximum. This piece should realize just about the same.
HB-190 EP-53 3¢ North America Life Insurance About New. The case is lovely, with virtually no signs of wear, and the word "Insurance" is straight. The stamp is slightly faded and the mica has a number of small cracks and craze lines.
HB-202 EP-54 3¢ Pierce, Tolle & Houlton Extremely Fine. Rated as an R-8 by Reed, indicating five to ten known, which actually makes it the most available of the denominations from this very rare merchant. The case has a nice, natural medium-brown color. The stamp is somewhat toned, and the mica has a small crack and an extremely small break at the upper right behind Washington's head. The Mayer example, which we sold last September, had a very similar stamp and mica, but the case was brightly polished. That piece realized $1840; this one should do a bit better.
HB-207 EP-90 5¢ Sands' Ale Extremely Fine. Sands' Ale is one of the rarest of the merchants. Only two denominations definitively exist--this 5¢ and the rarer 10¢. The 12¢, 24¢, and 30¢ have historic auction appearances, but none have proven genuine. The 5¢ piece is considered by Reed to be a R-8 indicating five to ten known. We believe the census to be eight--several of which are rather low grade. This piece has a medium-brass XF case, a beautifully centered fully bright stamp, and a mica that is essentially clear in spite of some minor crazes and separations. The case exhibits some minor dents in several places. Were this a rare denomination piece, we would be a bit suspicious, but as the most common variety of this rare merchant, we are convinced that it's simply the result of circulation.
HB-212 EP-55 3¢ Shapker & Bussing Very Fine. Fred Reed considers this 3¢ Shapker to be an R-6, indicating sixteen to twenty known, and we believe that to be quite accurate. That would make this the second most common denomination for the merchant, behind the Ten Cent piece. The case is a decent VF, and it is problem free. The stamp is faded, with most of the red color having gone toward light pink. The mica has no major problems, just a number of crazes and separations mostly at the outer edges.
HB-217 EP-56 3¢ John Shillito & Co. Extremely Fine. The 3¢ is the second most common denomination for Shillito. This one is a very nice example, with a glossy, natural mahogany and brass color case, a stamp that has only slightly toned and a mica that is about as nice as they are ever found. A very nice representative example of a relatively scarce merchant.
HB-221 EP-27 1¢ S. Steinfeld Extremely Fine. Although this One Cent is considered an R-7 by Reed, indicating eleven to fifteen known, it is by far the most common of the Steinfelds. Fred Reed's 104-year auction survey shows that, of 75 total appearances of Steinfeld encasements at auction, 57 of those appearances were One Cent pieces. This figure, of course, includes very heavy duplication. This Steinfeld shows very little wear on the case, and it has a fair amount of heavy silver mixed in behind the letters through the center. The mica has some flaws, the worst of which is a crack running from the left tab to the center of Franklin's head. The stamp is considerably faded, and although the blue color has held up, the white portions are a deep tan. Not a thing of beauty, but rare enough to still realize four figures. Included with the lot is an S. Steinfeld store card about the size of a U.S. quarter. It's an uncirculated piece, dated 1863, with a nice red and brown coloration.
HB-225 EP-28 1¢ N & G Taylor & Co. Extremely Fine. N & G Taylor is one of the rarest of the Encased Postage issuers. The Hodder-Bowers book states, "Denominations known include 1¢ through 12¢. None is really collectable." Fred Reed considers this One Cent denomination to be an R-7, indicating eleven to fifteen known. We basically agree, but are more inclined to ten or eleven. In any event, this One Cent denomination is by far the most available of the N & G Taylor pieces. This example has a lovely XF-plus case, with a splash of silver remaining behind all of the letters. The stamp is very nearly fully fresh, and well centered within the piece. The mica has a few minor separations and surface marks, but nothing of any consequence. The Mayer Collection contained two examples, the nicer of which realized $4300, and the lesser $1850. This piece falls between those two for quality, and should also do that for value. Included with this lot is an N & G Taylor advertising token dated 1863. It's a nice AU, with a fair amount of mint red remaining.
HB-226 EP-57 3¢ N. & G. Taylor & Company About New. Previously Lot 613 of the Stack's 2004 sale. When we first saw this piece, we were skeptical that is was the same piece, even though the Stack's flip accompanied it, as Stack's referred to the stamp as, "Faded." A comparison of the photo shows beyond any doubt that this is the same piece. The stamp appears fully bright to us. All Taylor encasements are extremely rare, with only the One Cent being at all collectable. The likely census for this Three Cent denomination is six or seven. This piece has a glossy, natural mahogany-colored case, a bright stamp and a virtually perfect mica.
HB-230 EP-29 1¢ Weir & Larminie Very Fine. While the second most common denomination for this only Canadian issuer, One Cent Weir and Larminies are far from being common. Reed considers these to be an R-8+, and we believe the census to be right around ten. This piece has a pleasant enough VF case, but the stamp is very badly darkened, to the point of being nearly muddy. The mica appears essentially problem free. Still, though unattractive, this piece is certainly rare enough to realize...
HB-233 EP-133 10¢ Weir & Larminie Extremely Fine. About 35 or so 10¢ Weir & Larminie's are known. This cataloger has seen well more than half of those pieces and for some reason, this issue and denomination is almost always seen with corrosion on the back. This piece is dark at the seam, but the darkness has not corroded in this instance. The back is a nice multi-color, light-brass and deep chocolate with a fair amount of silvering remaining at the center. The stamp is quite bright, though it does have a few minor wrinkles. The mica is near-perfect disturbed by only one tiny craze and a small natural flaw at the upper right.
HB-234 EP-30 1¢ White the Hatter About New. The One Cent White the Hatter is by far the most collectible denomination of this merchant. Reed rates it as an R-7, indicating eleven to fifteen known, and we are inclined to agree. This one is a real beauty. The high-grade case is an eye-appealing medium tan color, with a splash of silver behind some of the letters. The stamp is almost fully bright, and the mica shows no serious problems, but it does have a line of light surface marks from the upper left to the lower right. An important New York City merchant.
HB-235 EP-59 3¢ White the Hatter Extremely Fine. The case is totally problem-free showing a bit of even wear. The stamp is very nearly fully bright and quite well-centered. The mica is very substantially clear with just one crazed area below the right tab. 3¢ White's are very rare. Reed considers them to be an R-8, indicating 5 to 10 known. We feel the correct number known is 8 or 9. This one is right about in the middle of those pieces for quality.
HB-Unlisted EP-Unlisted 12¢ Trial or Experimental Piece Silver Case Choice About New. Identical to Lot 643 of the Stack's June 2004 sale, but, although called unique there, this is a different piece. The stamp is centered differently, the mica on this piece is absolutely perfect, and various diagnostics in their photograph are not present on this piece and vice versa. This piece likely came from the same source as the pieces in the 1968 Herst sale. Identical in style and material to the 10¢ offered below.
HB-Unlisted EP-Unlisted 10¢ Experimental or Trial Piece Silver Case About New. Lot 639 from Stack's sale of the Western Collection in June of 2004. Previously from the FCC Boyd Collection. Stack's description read, in part, "The case is sound, and deeply toned in rich coin silver gray shade. The two-piece case being quite different from the Regular Issue Gault type, not only because it is made apparently in silver, but also because the back has been closed in a different fashion. Unique and unpublished before now." As with the other Experimentals offered here, no one knows their exact origin. This cataloger has always believed them to be trial pieces or pre-production encasements made for Gault, by either Scoville or another manufacturer that he had been considering for production. In any event, an extraordinarily important rarity.
HB-Unlisted EP-Unlisted 3¢ Trial or Experimental About New. The piece lacks any mica, apparently as-made, and consequently the exposed stamp is lightly soiled. Previously Lot 638 from Stack's June 2004 sale. It was described there, "The case is different, the front having smaller tabs than seen on the regular Gault encasement, and also a wider frame on the front than on the regular issues. On the back, there is a wider edge wrapped around the single back piece, providing a snug fit." In the introduction to these experimental pieces, Stack's noted that this was from the Boyd Collection, and that it is impossible to say with certainty where these pieces originated or what their purpose was. They have been widely accepted as trial or experimental pieces, and the ten or so known examples of all denominations and varieties are avidly sought after.
HB-Unlisted EP-Unlisted 5¢ Experimental or Trial Piece About New. Previously Lot 642 from Stack's June 2004 sale of the Western Collection. Their description in part, "Silver case, mica facing on two sides. The mica on both sides is a little cracked and crazed, particularly at lower left on each. The case appears sound, and it is toned a nice, coin silver gray. Excessively rare: one of just two known." This spectacular piece was obtained for the Western Collection from Herman Herst's December 3, 1968 sale. The case is believed to be silver, although it has not been tested to our knowledge. To our eye, this is a developmental piece, rejected by Gault as little room was available for advertising on this two-sided item. Impossible to estimate with accuracy on a market that is beginning to appreciate extreme rarities in this series.
Fractional Currency
Postage Envelope - 10¢ Massasoit House, Springfield Mass. Choice Extremely Fine.
Unlisted in the Krause-Lemke catalog with no previous auction appearances until the Stack's October 11, 2007 sale where it realized over $1700. We are unsure if this is the same piece or a second example, but in any event, the condition is outstanding. There are no signs of previous mounting. The flap is opened and undamaged, and the paper remains clean and stiff. A very significant rarity in a collecting specialty that remains in its infancy.
Postage Envelope - 25¢ Hudson Dining Saloon, New York City.
A previously unknown envelope not listed in Krause-Lemke, and not represented in the Ford or Western Reserve sales. The condition is exceptional and virtually as-made. It is printed in black on buff paper. The Hudson Dining Saloon was located at 148 Chambers Street. Unique to our best knowledge, and of extreme importance to collectors of these fascinating envelopes.
Postage Envelope - 25¢ United States Unknown Issuer Extremely Fine.
Unlisted in Krause-Lemke and not represented in the Western Reserve sale. Lot 132 of the October 11, 2007 Stack's sale had a different example of this same piece, save for the paper color--that was printed on white, and this is on yellow-buff paper. There is a natural fold in the envelope that was there prior to the printing that has caused a gutter fold across the word "stamps".
Postage Envelope - 30¢ U.S. J. Leach Extremely Fine.
Listed in Krause-Lemke as 59-30, and similar to lots 89 and 90 in the Stack's October 2007 sale. Leach is the most common issuer of postage stamp envelopes, but the 30¢ denomination in red is quite scarce. Like most all of the pieces in this small, but important, offering, the condition is superlative. This is an interesting minor variant as the back has a bold, partial offset.
Postage Envelope - 75¢ U.S. J. Leach About New.
Printed in red with the white-diamond face. This scarce denomination Leach envelope is listed as Krause-Lemke 59-75. It's identical to lot 92 of the Stack's October 2007 sale, but in far better shape, as there are no reverse remnants and the flap is not glued down. An incredible condition piece.
Postage Envelope - 25¢ Snow and Hapgood Boston Very Fine.
This small and simple envelope shows some signs of circulation, but is untorn and problem-free with the flap wholly intact. It is listed in Krause-Lemke as 130-25.
Fr. 1228 5c First Issue PMG Choice Uncirculated 64 EPQ. A lovely deeply perforated First Issue 5¢ with great color, and strong eye appeal. With just a touch better centering, this one would have been a Gem.
Fr. 1228 5c First Issue PMG Choice Uncirculated 64 EPQ. The back centering, which is a touch to the top and left, undoubtedly resulted in the 64 grade. From the face, this deeply perforated First Issue 5¢ is a perfect Gem.
Fr. 1228 5c First Issue PMG Choice Uncirculated 64 EPQ. The back design is centered perfectly, though the front is a little skewed, keeping the note from the full Gem grade.
Fr. 1228 5c First Issue PMG Choice Uncirculated 64 EPQ. A perfect Gem save for a tight right margin.
Fr. 1228 5c First Issue PMG Choice Uncirculated 64 EPQ. This is a fully perforated, colorful example exhibiting two wide margins and two narrow margins.
Fr. 1229 5c First Issue Horizontal Block of Eight PMG Gem Uncirculated 65 EPQ. From our sale of the Friedberg Collection in 1997. It was described there, "An incredible block of perforated no-monogram notes. This block was lot 912 of the Chapman Bros. June 3, 1903 sale of the Friedman Collection. After that sale, its whereabouts were unknown for about 85 years. Each of the eight notes would individually grade Gem New, as each is well centered, fully perforated and simply flawless. As a block of perforated notes, this magnificent piece is unequalled." It realized $2530 at that decade-ago sale. On the current market, the individual notes could easily realize a total of $10,000 or more. The block is a one-of-a-kind item that should bring...
Fr. 1229 5c First Issue PMG Gem Uncirculated 65 EPQ. Fully perforated on three sides, but the top edge has shallow perfs at the right and tapers down to a straight edge at the left. The colors are excellent as is the paper originality. In the photograph it will appear that the left and right perforations are not complete; however, with the note in hand it is clear that they are. Little circular discs formed by the perforation machine have failed to fall out in a number of places creating the appearance of an imperfectly perforated piece.
Fr. 1229 5c First Issue PMG Choice Uncirculated 64 EPQ. A truly lovely example of this much scarcer Perforated Edge no-monogram variety. If the centering were just a touch better, there is no doubt that this boldly printed, wonderfully bright note would have earned the full Gem grade. PMG has included its EPQ designation.
Fr. 1230 5c First Issue PMG Gem Uncirculated 65 EPQ. The face margins are pretty close to even on this colorful note.
Fr. 1230 5c First Issue Vertical Pair PMG Choice Uncirculated 64 EPQ. This bright pair does not have the usual fold seen between the notes. As such it possesses plenty of eye appeal.
Fr. 1230 5c First Issue Complete Uncut Sheet of 20 PMG Choice Uncirculated 63. A handsome and unusually bright First Issue Five Cent Sheet. The margins are fully wide, and the original embossing is deep enough so that is can be readily seen through the PMG holder. Fractional sheets in uncirculated condition have become very difficult to acquire over the past few years. The demand from collectors is constantly increasing, while the supply has diminished as sheets are being cut to produce high-grade singles.
Facsimile Fr. 1230 5c First Issue. Seventy-seven Examples. About New. This is a highly unusual bundle of "Fractional" notes. We have not seen anything like them before. They are a faithful rendition of Fr. 1230 with the added "COPY" in the back upper left corner. Reasons for their existence are open to speculation, but play money in the distant past is a logical assumption. The "COPY" may be in conjunction with the 1970s Hobby Protection Act or these are much older and the "COPY" feature is just a coincidence. The "notes" for the most part do not have any folds, but a few do have a small spot. The wrapper, which shows some wear, only adds to the mystery as it reads, "U.S. Department of the Treasury, 100 x 5¢ Postage Currency, $5 Dollars, Pay Department, Washington, D.C." There is also a red Treasury Seal on the back. There will be no returns on this lot for any reason.
Fr. 1230 5c First Issue Uncut Complete Sheet of Twenty Very Fine. This is an attractive sheet that is bright with ideal inks and original paper surfaces. The selvage has been trimmed away, there are some scattered pinholes, and the lower right note has a small spot on the back, but this is a very nice representative sheet.
Fr. 1230 5c First Issue Uncut Complete Sheet of Twenty Very Fine. This Fractional Sheet is a delightful, problem free piece save for vertical and horizontal folds between the notes.
Fr. 1230 5c First Issue Uncut Complete Sheet of Twenty Very Fine. This sheet has much remaining selvage that reveals face plate number 21 and back plate number 17. The back top margin exhibits signs of mounting and there are several pinholes. A couple of small edge splits are noticed at top and bottom center and a left edge tear that reaches the frame line has been repaired. It is still a bright sheet that qualifies for a nice collecting home.
Fr. 1230 5c First Issue Vertical Pair PMG Choice Uncirculated 64 EPQ. Seldom are multiples seen in top grade. These pieces would grade individually Choice, and lacking the fold between them, they also grade Choice as a pair. Tough to find this nice.
Fr. 1230 5c First Issue Vertical Pair PMG Choice Uncirculated 64 EPQ. A second identical to the above.
Fr. 1231SP 5c First Issue Wide Margin Pair PCGS Choice New 63 and Superb Gem New 67PPQ. Regrading through the holder is a trap this cataloger tries to avoid, but we saw this pair before submission and thought the face to be every bit as nice as the back. The graders apparently saw something else, but in spite of the large gap between the grade of the face and the grade of the back, we still think they are a beautifully matched pair.
Fr. 1231SP 5¢ First Issue Wide Margin Pair PMG Gem Uncirculated 66 EPQ. The grades match perfectly on this gorgeous Wide Margin Specimen pair. The back shows three full cutting guides, and a near full cutting guide on the fourth side. The face shows a partial cutting guide. Both pieces are clearly original, and both are beautifully bright.
Fr. 1231SP 5¢ First Issue Wide Margin Pair PMG Gem Uncirculated 66 EPQ & PMG Choice Uncirculated 64 EPQ. This is a lovely high end Wide Margin Pair. Although different in color, they are nicely matched. The framelines of the back specimen are almost completely visible.
Fr. 1231SP 5c First Issue Wide Margin Face PMG Gem Uncirculated 66 EPQ. The margins are large and even on this deeply inked example.
Fr. 1231SP 5c First Issue Wide Margin Pair PMG Gem Uncirculated 65 EPQ. An exceptional pair holdered together by PMG in identical grade. Everything about this perfectly matched pair is identical save for the color--and that difference is perfectly natural. The face is printed on light canary yellow paper, and the back is printed on the heavier buff paper. The only other minor difference is in pedigree: PMG states the face has come from the Milt Friedburg Collection; whereas the back traces its history to the Milt Friedberg Collection.
Fr. 1231SP 5c First Issue Back Proof PMG Choice Uncirculated 64 EPQ. This note is one of the very rare no-frameline First Issue Wide Margin Backs. All normal Wide Margin First Issue Specimen Backs have a thin but bold black frame line that surrounds the engraving at about the distance where the edges of a Regular Issue note would be. Examples are known of the Five Cent, Ten Cent and Fifty Cent denominations, with no Twenty-Five Cent yet discovered. An unproven but generally accepted theory is that these were produced for Treasury Specimen books but were not used. The 25¢ note that appears in those books also lacks the frameline but has the "ABNCo" monogram, which these notes lack. The 5¢ offered here is the most common, with four or five examples known. Milt Friedberg had only a 5¢, Tom O'Mara had a 5¢ and 10¢, and Wayne Liechty had a 5¢, 10¢ and 50¢. The most recent 5¢ to reach the market was the Fred Mayer piece in September of 2007, which realized $1,955. This note should do just about as well.
Fr. 1231SP 5c First Issue Wide Margin Pair PMG Choice Uncirculated 64. Both the face and back of this beautifully bright pair have been graded 64 by PMG. The back has earned the EPQ comment; the face has not, and is called "Hinged." There is a minor glue stain on the blank back of the face, which apparently caused the comment.
Fr. 1240 10c First Issue PMG Choice Uncirculated 64. Very nicely perforated all the way around, and with the look of a note that could have easily garnered another point or two. The colors and eye appeal of this perforated 10¢ note are top notch.
Fr. 1241 10c First Issue Strip of Four PMG Choice Uncirculated 64 EPQ. Originally from our 1997 sale of the Milt Friedberg Collection, where we described it as, "An extreme rarity, as are all perforated strips. This flawless, as-issued offering is without a single torn or broken perforation. The wide selvage strips from the top and bottom of the sheet remain tightly attached." These four individual notes would be well worth a total of $5000 or more on the current market, but the real value here is the pristine, irreplaceable strip.
Fr. 1242 10c First Issue PMG Gem Uncirculated 65 EPQ. This well margined example remains very colorful.
Fr. 1279 25c First Issue PMG Choice Uncirculated 64 EPQ. The more common of the two perforated 25¢ notes, and an ideal piece to represent the type. It's just a shade off the full Gem grade, and it has garnered the EPQ designation.
Fr. 1279 25c First Issue PMG Choice Uncirculated 64. A margin strip outside the top margin is noticed on this deeply inked example which exhibits perfs all the way around. PMG has mentioned a hint of a hinge.
Fr. 1279 25c First Issue PMG Choice Uncirculated 64. Were it not for a tight left margin this would have been a screaming beauty. Still gorgeous with excellent back centering. This note also exhibits a hinge per PMG.
Fr. 1279 25c First Issue PCGS Choice New 63PPQ. Gem quality paper and printing details are noted on this First Issue piece. The right margin is a touch too tight for a full Gem grade.
Fr. 1279 25¢ First Issue PCGS Choice New 63PPQ. This is a pleasing example with the perforations cut in along the right side.
Fr. 1279 25c First Issue PMG Choice About Unc 58. Decently perforated, but a bit off center, and with a small rust spot. PMG has commented "Hinged".
Fr. 1280 25c First Issue PMG Uncirculated 62 EPQ. A few of the perforations have been cut down on this elusive without monogram variety.
Fr. 1280 25c First Issue Strip of Four PMG About Uncirculated 55 EPQ. Fr. 1280 is a very scarce note in its own right, and multiples are even more so. This particular piece likely owes its survival to its having been perforated in one direction only. There is a horizontal fold that runs through all four notes about an inch from the left edge. Save for that, this piece is pristine. It's beautifully bright, with the typical light yellow paper that is almost always associated with this Friedberg number. This is the type of item that is missing from all but the most advanced of Fractional collections.
Milton 1DP25F.1 and 1DP25R.1 25c First Issue Trial Color Die Proof PMG Gem Uncirculated 65 EPQ. This lovely and irreplaceable unique pair first came to light in the October 20, 1904 sale of the Pick collection held by S.H.&H. Chapman. Both the face and back have narrow margins and are printed in black ink on soft white paper. Both are deeply impressed through the paper, leaving a heavy embossing effect plainly visible on the back of each uniface piece. These were apparently pulled from finished plates, as all the design elements are identical to the issued notes. Each has an incredible sharpness of impression that simply does not exist on regular-issue notes or normal Specimen printings. Only when truly landmark collection reach the market are exquisite rarities like this pair available to a new generation of collectors.
Fr. 1281 25c First Issue PMG Gem Uncirculated 65 EPQ. A colorful, broadly margined example of this type seldom seen in this condition..
Fr. 1281 25c First Issue PMG Gem Uncirculated 65 EPQ. An attractive issue with near-perfect margins.
Fr. 1281 25c First Issue PMG Gem Uncirculated 65 EPQ. A lovely, well margined example of this popular type seldom seen this nice.
Fr. 1282 25c First Issue PMG About Uncirculated 50. This straight edge, no-monogram type is the scarcest of the four 25¢ First Issue Fractionals. Two light folds can be seen through the holder which accounts for the 50 grade, but the piece is quite attractive nonetheless.
Fr. 1282SP 25c First Issue Wide Margin Pair PMG Gem Uncirculated 66 EPQ. Both halves of this magnificent pair are fully wide, perfectly bright and as pretty as they can be. They match very nicely for both color and surface characteristics and show cutting guides most of the way around. An exceptional pair in outstanding condition. This was formerly from the Matt Rothert sale, and the flip from that sale is present.
Fr. 1282SP 25c First Issue Wide Margin Back PMG Gem Uncirculated 66 EPQ. A real beauty, with huge margins, clearly original paper surfaces, one full cutting guide and two partial cutting guides. Very seldom seen this nice.
Fr. 1282SP 25c First Issue Wide Margin Back PMG Gem Uncirculated 66 EPQ. Another example with jumbo margins and two cutting lines visible as well.
Fr. 1282SP 25c First Issue Wide Margin Pair PMG Gem Uncirculated 66 EPQ and PMG Gem Uncirculated 67 EPQ. A beautiful face-and-back pair, just about perfectly matched for size. Really nice Wide Margin Pairs are almost never seen in today's market.
Fr. 1282SP 25c First Issue Wide Margin Pair PMG 64 EPQ and 66 EPQ. A beautiful EPQ First Issue Wide Margin Pair. The face shows a little light handling which accounts for the 64EPQ grade, and the back is very nearly perfect and in a 66EPQ holder. The back is also unusually wide, showing three full cutting guides as well as about 98% of the fourth. A very attractive pair.
Bronze Age (1970-1979)
Fr. 1310 50c First Issue PMG Choice Uncirculated 63 EPQ. The face centering leaves a bit to be desired although the colors are bold.
Fractional Currency
Fr. 1310a 50c First Issue PMG About Uncirculated 55. Perforated 14 refers to the number of perforations per 20 millimeters of edge length. The normal perforations, on all other First Issue Fractional notes, are slightly larger - perf 12, or 12 perforations per 20 millimeters of edge length. The generally accepted history of these smaller perforated notes is that they were produced from two sheets by dealer Harlan P. Smith circa 1890. Although there is no documentary evidence, there is considerable circumstantial evidence that Smith perforated these sheets himself. As this variety was listed by Blake, Valentine, Limpert and Rothert as genuine, it remains highly desirable and collectible in spite of its possible private perforation. We have handled nine Fr. 1310a's in the past.
Fr. 1311 50c First Issue Strip of Four PMG Choice Uncirculated 64 EPQ. From our sale of the Milt Friedberg Collection where it was described, "But for the lightest of handling marks, this vertical strip of no-monogram perforated 50¢ notes is absolutely pristine. It's as bright and fresh as the day it was printed. All perforated multiples are rare; we've handled less than a dozen in our 30 years of dealing, and this no-monogram Fifty Cent strip is excessively rare. The top and bottom notes each contain the original selvage from the sheet. This is an extraordinary item."
First Issue Trio. Fr. 1231 5c First Issue PMG Extremely Fine 40.
Fr. 1282 25c First Issue PMG Very Fine 25.
Fr. 1311 50c First Issue PMG Fine 12 Net.
Fr. 1312 50c First Issue Inverted Back Fine-Very Fine. Seven or eight examples of this type are known, most of which are right around this grade. Milt Friedberg had two, both of which were at this grade level, and Tom O'Mara had one: a nice About New. Rare and popular. Totally problem free, with enough grade to easily realize...
Fr. 1312 50c First Issue Vertical Strip of Three PMG About Uncirculated 55. All Fifty Cent multiples are scarce. This is a nicely printed strip of three having edges outside the frame line.
First Issue 50¢ Note Used as Postage. The stamped portion of the First Issue 50¢ note was clipped and used as postage on a large envelope. Although the date is not legible, the postmark of Cincinnati, OH is clear, and the postmark ties the strip to the cover. This is only the third instance that we have seen where postage currency was actually used as postage. This great item popped up in a recent stamp auction where our consignor obtained it for over $1400.

Although the date is uncertain, it was most likely mailed in the 1890s as it was sent to a Lieutenant H. H. Bandholtz, a member of the 6th U.S. Infantry in Fort Thomas, Newport, KY. The 6th infantry was based at Ft. Thomas from the early 1890s until the outbreak of the Spanish-American war in 1898. Bandholtz, the recipient of this letter, went on to become a Major General in WWI. He was also called on by President Harding to quell unrest in McDowell County, West Virginia during the "Miner's Rebellion" in 1920. Anyone desiring to see a statue of H. H. Bandholtz, need look no further than the front lawn of the U.S. Embassy in Budapest, Hungary. Only the front of the envelope is present, but the postage currency strip and the addressee's information is fully present and crystal clear.
Fr. 1313 Milton 1E.50R.3 50c First Issue Uncut Sheet of Sixteen Backs PMG Choice Very Fine 35 EPQ. This should actually be considered an Experimental Sheet, as neither the Friedberg number or Milton number is exactly accurate here. The design is that of the finished Fifty Cent Fr. 1313 back save for the paper, which is a lighter white bond. The impressions are proof quality and razor-sharp. The sheet has picked up a number of folds and some handling, but it remains clean and quite handsome. Each of the sixteen notes has a single round punch cancel. The printing has created heavy embossing through to the blank back side. An irreplaceable item, as are most all First Issue Experimental pieces.
Fr. 1313SP 50c First Issue Narrow Margin Pair PMG Choice Uncirculated 64 EPQ and PMG Gem Uncirculated 66 EPQ. This bright pair is well inked with excellent color.
5c Second Issue Experimental Milton 2E5F.3 PMG Gem Uncirculated 65 EPQ. PMG has commented "Exceptional Paper Quality" and listed the variety as "W/O Bronze Oval, No Back, Thin Yellow Paper." This is an extremely rare Experimental, particularly without the normal hole cancels. That, combined with the 65 EPQ grade, should attract considerable attention from the ever-increasing ranks of Fractional specialists.
5c Second Issue Experimental Milton 2E5F.3c PMG Choice Uncirculated 64. An extremely rare Experimental. PMG has noted "Small Split", but we are unable to locate it. This piece is not punched or stamped, and it is printed uniface on thick, cream paper.
5c Second Issue Experimental PCGS Choice About New 58. Printed on light yellow card from the completed plates lacking only the bronze oval. The as-issued March 3, 1863 date has replaced the earlier used July 17, 1862 date. Not canceled in any form, and lacking the oft-seen "SPECIMEN" stamp. A significant developmental piece, that in this high grade, should easily reach...
5c Second Issue Progress Proof PCGS Gem New 65PPQ. A second Progress Proof. This with a bit more filled in, including the 5¢ denomination and the Washington portrait. It still lacks several key elements of the final note, but the BEP logo block has moved up to its eventual final position on the note. This note lacks both Act date insets seen on most Experimentals. It's printed on pristine light, soft white fiber paper. Stamped Specimen in blue and with the normal two half-moon cancels. 65PPQ is an incredibly high grade for any of these rare Progress Proofs.
Fr. 1232SP 5¢ Second Issue Wide Margin Pair PMG Choice Uncirculated 64. This is about as evenly matched a pair as one could hope to obtain. The face displays the remnants of three framelines.
Fr. 1232SP 5¢ Second Issue Wide Margin Pair PCGS Very Choice New 64 & PCGS Choice New 63PPQ. The face has been cut down just a bit more than the back, but the colors are gorgeous on both pieces.
Second Issue Fiber Paper Pair PMG Graded.
Fr. 1235 PMG 30--a good-looking example of this scarce one-number fiber paper type. And Fr. 1249 PMG 40 EPQ--a high-end 10¢ fiber paper note with unusually large face margins and the full back plate number 29. Both notes are tough numbers, and both are nice for their grades.
Fr. 1244 Milton 2R10.1d 10¢ Second Issue Inverted Back Fine-Very Fine. We have handled this inverted back only one other time. The bronze 10 outline is aligned correctly with the front of the note. The center fold is heavy but fully intact, except at the margins. A few minor skins are noticed.
10¢ Second Issue "BALTIMORE" "WASHINGTON" Experimental Notes. All the notes are basically Milton 2E10F.1. These seven notes fit together perfectly to spell out most of the full "First Washington, D.C., Baltimore, MD" bronzing. These sheets were produced as a result of previously bronzed sheets being used to print Fractional Experimentals. This group was formerly lot 313 from the Stack's October 11, 2007 sale. In that sale, on a night when Fractional collectors' budgets were stretched to the maximum, this great set realized $2,530. Now, about a year later, we would expect quite a bit more.
Fr. 1244SP 10c Second Issue Wide Margin Pair. Both of these lovely notes have been graded by PCGS. The face resides in a 65PPQ holder; the back is graded 63. The lower grade and the lack of PPQ on the back half have been caused by an odd red inclusion toward the bottom of the design. It was clearly on the paper prior to printing, as a fair amount of the green ink rests on top of the red. It appears to be sealing wax, but it could be most anything. An intriguing pair with quite a bit of value.
Fr. 1248 10c Second Issue PCGS About New 53. Only about two dozen examples of this number are known, and they always attract considerable attention when one appears at auction. This one, as is the case with most known pieces, is somewhat off-center: the face has two tight margins and the back design touches the edge at the bottom. The surcharges are in the normal, plain font. Milt Friedberg has traced the earliest appearance of an "O-63" note back to the Harlan P. Smith sale of the R.C. Davis Collection on January 20, 1890. Smith has long been suspected of "manufacturing" the Fr. 1310a's, and some suspicion must fall on him for the possibility of his also having created these Fr. 1248's. All but one of the known Fr. 1248's have this very plain "O-63" surcharge. The one exception has more ornate surcharges, and is likely the only Bureau-produced Fr. 1248. In any event, these notes have always been considered part of a Fractional set. This example has somewhat aged paper, but it is otherwise nice for the grade.
Fr. 1249 Milton 2E10R.4 10c Second Issue PMG Choice Uncirculated 64. This scarce Experimental has only a bronze oval on its face. Its back has the bronze surcharges, "T-1-18-63." The back also has "SPECIMEN" rubber stamped on it. As always, this Experimental has been cancelled with two semi-circular holes.
10c Second Issue Experimental PCGS Gem New 65PPQ. Not a terribly common Experimental, particularly in this high grade. This is the finished plate for the 10¢ Second Issue fiber paper back, and it includes the bronze overprint and the proper regular issue surcharges. The "face" of the note has only the bronze oval and no engraving. Stamped with the normal blue Specimen and punched with two half moon cancels. In this grade, we would expect the scarcer Experimental to easily realize..
10c Second Issue Experimental PCGS Very Choice New 64PPQ. Another identical, but PCGS has graded it one point lower.
Fr. 1283 25c Second Issue Experimental Face PMG Gem Uncirculated 65 EPQ. The bold violet overprint adds to the appeal of this cancelled Experimental. Thick paper was used on this piece and according to PMG it is similar to Milton 2E25F.3c.
25c Second Issue "Olier" Paper Vertical Pair PMG Choice Uncirculated 64. This vertical pair of 25¢ Experimentals is from the finished plate. Both are Choice New individually, as is the pair. They are similar to Milton 2E25F.3a as PMG has noted on their holder. The bottom note has a bold star in a circle that is found on a brand of Experimental paper that the Bureau was considering for use. The full watermark has the word "Olier", the date "1860", and the large star in a circle. This pair shows only the star, but the paper is unmistakable. An extreme Fractional rarity.
Fr. 1283sp 25c Second Issue Wide Margin Pair PMG Choice Uncirculated 64 EPQ. Both the face and back halves of this well-matched pair have earned the Exceptional Paper Quality designation. PMG has placed these notes right at the edge of the full Gem grade.
Milton 2E25F.6 Experimental 25c Second Issue PMG Gem Uncirculated 66. An extraordinarily high grade for any Experimental. This note is printed from the completed face plate, and it has the bronze oval. The back lacks engraving, and has only the bronze "S-18-63" and the large bronze "25." Virtually identical to Lot 412 of our May 2005 Tom O'Mara sale. Although this is not that piece, the irregular punch cancels are identical, and they were obviously punched at the same time. Difficult to estimate in this unusually high grade, but most likely...
Fr. 1286 25c Second Issue Uncut Block of Four PMG About Uncirculated 50. PMG mentions "Split", which appears to be at the top of the center fold. This is a number not often seen as a multiple.
Fr. 1286 25c Second Issue Inverted "S" PMG Choice Very Fine 35. This is one of about a dozen examples known. This Inverted "S" is a new piece to the short census for this type. The "S" unfortunately is not particularly clear, but it is clear enough for those who have studied these varieties for years. This rare variety is not listed on the third-party holder.
Fr. 1290 25c Second Issue PMG Choice Uncirculated 63. This rare Fiber Paper note is an absolute Gem but for its back centering. The face margins are clear of the frame line. This is a scarce note in all grades, and even with its one tight margin, this note is in the top ten for quality. A very pretty example of a scarce Fiber Paper number
Fr. 1314SP 50c Second Issue Wide Margin Pair PMG Choice Uncirculated 63 and About Uncirculated 58 EPQ. Both the face and back are fully wide, each showing one complete cutting guide. The face has two corner folds, but has earned the Exceptional Paper Quality designation. The back is fully Uncirculated and grades 63 PMG.
50c Second Issue Experimental PCGS Gem New 66PPQ. Printed on heavily fibered paper with a wholly blank back and no cancellation of any kind. The 66PPQ grade makes this a far more desirable item, but in any grade, it would be an important note as uncancelled 50¢ Experimentals are rarely seen. This one is from the completed plate with the bronze oval being the only element lacking. Similar to Milton 2E50F.4b.
Fr. 1316 50c Second Issue PMG Choice Uncirculated 64 EPQ. The bronzing is perfectly centered, however the margins are not sufficient for the full gem grade.
50c Second Issue "Wallpaper" Experimental Note PCGS Choice About New 58PPQ. An unpunched, uncancelled Second Issue 50¢ back with the blank side having the lavender "wallpaper" printing, that was in actuality part of the boarder design around a very large vignette of the capitol building. The wallpaper side has contemporary pen notations. Previously lot 336 from Stack's October 11, 2007 sale where it realized $920.
Second Issue 50c "Wallpaper" Series Experimental Block PMG About Unc 53 This L-shaped block has parts of four different 50¢ Fourth issue backs printed on heavy fiber paper. The back of the block has a very lightly printed lavender partial image of the capitol building. A few similar pieces exist with both the capitol and an elaborate repetitive floral design that gives this series its "wallpaper" name. No one is quite sure of the origin of these pieces, but they most likely came about from the Treasury Department's simple expedience of using partially printed scrap paper during its Second Issue Fractional currency developmental phase. For decades, notes from this series were all but uncollectible, but now that the Ford inventory has been dispersed, a number of these pieces have become available to this generation's collectors. This block, in our opinion, is one of the most interesting pieces that we've seen from this elusive series. Within the next few years, the current small supply of odd experimental notes will likely all find their way into long-term collections and again be unavailable.
50c Second Issue Experimental PCGS Gem New 66PPQ. A punched and stamped Second Issue 50¢ Experimental on heavy fiber paper. There is a contemporary script notation upside-down at the bottom of the face, but we are unable to read it. Terrific grade for any Experimental, and 50¢ pieces are far from common.
50c Second Issue Experimental PCGS Gem New 65PPQ. A second virtually identical to the above, but minus the contemporary writing.
Fr. 1320 50c Second Issue PMG Choice About Unc 58 EPQ. A very nearly Uncirculated example of this difficult Second Issue fiber paper 50¢ note. Many times scarcer than the Fr. 1322, which is the note that the basic Green Sheet pricing refers to.
Fr. 1226 3c Third Issue Block of Four PCGS Choice About New 55PPQ. Face-plate number 29 appears at the junction of these four nice Light Curtain 3¢ notes.
Fr. 1226SP 3c Third Issue Wide Margin Back PMG Choice Uncirculated 64. Fully wide, with the entire guide line visible at the right. The bottom is extra wide, and it shows no guide line in spite of the fact that it is full out to the edge of the original sheet. PMG has noted, "Specimen Inverted," which while correct, is rather meaningless, as most all examples are found this way.
Fr. 1236 5c Third Issue PMG Gem Uncirculated 66 EPQ. A widely margined example of the ever popular Red Back Clark Fractional note. The heavy press bed smearing associated with this issue is not a factor on this gorgeous example.
Fr. 1236SP 5c Third Issue Set of Three PMG Gem Uncirculated 65 EPQ, 65 EPQ, 64 EPQ. A beautiful well-matched set with the face and green backs both grading PMG 65 EPQ. The red back is just a touch off in quality, grading 64 EPQ. A very nice set likely to see considerable bidder activity.
Fr. 1251 10c Third Issue PCGS Gem New 66PPQ. A simply lovely example of a Red Back Third Issue Ten Cent. The bronze is bright, as are the paper and inks. The note has tremendous eye appeal, and it is boldly printed all the way out to the frame line at all points. PCGS has graded only four 1251's at this level, with only a single 67 above them.
Fr. 1251 10c Third Issue PMG Choice Uncirculated 64 EPQ. But for the red back's being centered a bit high, this bright and strictly original piece is a perfect Gem. Finding a really nice looking 10¢ Red Back can be quite a challenge, and but for the minor centering anomaly, this piece is as nice as they come.
Fr. 1252 10c Third Issue PMG Choice Uncirculated 64 EPQ. A very nice Ten Cent Red Back with the design figure "1." The 64 grade seems a touch conservative for this one, which has the margins, color and centering to support Gem.
Fr. 1253 10c Third Issue PMG Gem Uncirculated 66 EPQ. A hand-signed Third Issue Ten Cent note with unusually broad margins and a partial plate number at the upper-right of the face. Both services combined have graded only nine 66's of this number. Both PMG and PCGS have graded one 67 apiece.
Fr. 1253 10c Third Issue PMG Gem Uncirculated 65 EPQ. Hand-signed Red Backs are always popular, and this 65 EPQ Ten Cent is likely to attract considerable attention from Fractional enthusiasts.
Fr. 1253 10c Third Issue PMG Gem Uncirculated 65 EPQ. A boldly signed example of this popular Third Issue Red Back Ten Cent note. PMG has assigned the full Gem grade along with the "Exceptional Paper Quality" comment.
Fr. 1253 10c Third Issue PMG Choice Uncirculated 64 EPQ. An extremely bright example, with bold hand signatures, flashy bright bronze and ideal paper and ink colors. The 64 grade is likely due to the right face margin being somewhat tighter than the other three. Save for that, this "Exceptional Paper Quality" note appears Superb.
Fr. 1253 10c Third Issue PMG Choice Uncirculated 64. Unlike any other Ten Cent Third Issue hand-signed note, this piece has "Register of the Treasury" handwritten under Colby's name, rather than the usual "Register." And "Treasurer of the U.S." is written under Spinner's signature rather than the usual "Treasurer." This piece is one of only two that we are aware of. Both were in the Ford Collection, and both slipped by as ordinary notes. This is the first to resell, and it will likely attract considerable specialist attention. It's a difficult piece to estimate, but it is certainly extraordinarily rare and very likely one of only two to exist. PMG has noted the variety on their holder. The second piece from the Ford Collection has also been graded, and it now resides in a PMG 58 holder, making this 64 the finest known.
Fr. 1253 10c Third Issue Vertical Pair PMG Choice About Unc 58 EPQ. Uncut multiples of Third Issue notes (other than the 3¢) are all rare, and hand-signed multiples are even more so. This beautiful well-margined, bright vertical pair would be a highlight in any Fractional collection. It is one of only two or three hand-signed 10¢ Third Issues in existence, and its visual appeal is without peer.
Fr. 1254 10c Third Issue PMG Choice Uncirculated 64 EPQ. Fr. 1254 is a very scarce note in any grade. We have always felt it to be outnumbered - about 10 to one - by Fr. 1253, the Colby-Spinner hand-signed note. This 64 EPQ example would be a Superb Gem with a touch more bottom margin. A very scarce number in this grade.
Fr. 1254 10c Third Issue PMG Choice Uncirculated 64. The print sharpness of this Red Back note more than makes up for the lack of centering on the face.
Fr. 1272SP 15c Third Issue Wide Margin Pair PMG About Uncirculated 53. A great pair in matching PMG 53 holders. The face is fully wide, with full or partial cutting guides on all four sides. The back is extraordinarily wide, exhibiting cutting guides at the top and bottom, and the impression from the plate edge at the left. The pair has the visual impact of Gems at what will likely prove to be a hefty discount off the Gem price.
15c Third Issue Grant-Sherman Specimen Set. The face is by far the best piece. It's a Narrow Margin 1272SP in a PMG 66 EPQ holder. The Green Back is PMG 55, and the Red Back, which is a tad wider and called a Wide Margin Specimen by PMG, is in a 64 EPQ holder. A nice set, all far wider than typical Narrow Margin Specimens.
Specimen Back Group. Fr. 1232sp 5c Second Issue Wide Margin Back PMG Choice Uncirculated 64.
Fr. 1244sp 10c Second Issue Wide Margin Back PMG Choice Uncirculated 63.
Fr. 1272sp 15c Third Issue Narrow Margin Back PMG Choice Uncirculated 63 EPQ.

This trio of notes will be sure to please, as the specimens are bright and problem free.
Fr. 1273sp 15c Third Issue PMG Choice Extremely Fine 45 NET. This very rare hand-signed Colby Spinner face is found only on Pink and Green Shields. All known examples have been dismounted. This one has a plain white-paper backing covering the blank back of the note. From the face, it gives the appearance of a Choice New example. Scarce in all grades
Fr. 1274SP 15c Third Issue Wide Margin Face PCGS Very Choice New 64. A nice Wide Jeffries Spinner Grant-Sherman face, with partial cutting guides at the right and bottom.
Fr. 1274SP 15c Third Issue Wide Margin Pair PMG Choice Uncirculated 64. The face, which is a hand-signed Jeffries-Spinner, and the back, which is green, are both graded PMG 64. They match perfectly for size, and laid together in a holder for decades, as there is a light transfer of the Spinner signature onto the blank back (face?) of the Green Back.
Fr. 1274SP 15c Third Issue Wide Margin Pair PMG About Uncirculated 55. The 1274SP face is graded 55 NET due to a minor ink burn in the signature. It's been paired with a green back which is graded 55. All Grant-Sherman pairs have been very active at auction, and we would expect these two notes to reach or exceed...
Fr. 1275sp 15c Third Issue Narrow Margin Pair. The face, which is mistakenly called a Fr. 1272 on the holder, is graded PMG 55. The back is graded PMG 64 with the comment "Hinged".
Fr. 1275SP 15c Third Issue Narrow Margin Pair. The face is in a PMG 64 holder marked, "Hinged." And the Red Back is graded PMG 58.
Fr. 1299 25c Third Issue PMG Choice About Unc 58 EPQ. This rare note gives the appearance of a Choice New piece unless examined very closely. About New is a very high grade for this rare type, and the note is free of the edge splits and damage that are commonly seen for these. The solid bronze face surcharges are bright and easily distinguishable from the more common Filigree variety. This note easily grades in the top dozen examples for this rare and extremely popular type. Expect to see a realization in the area of . . .
Fr. 1325 50c Third Issue Spinner PMG Choice Uncirculated 64. The margins on this "1" and "a" Spinner, which are certainly adequate for the grade, are all that keep this beauty from being Superb. Its deep embossing is easily seen by even the untrained eye, and the overall visual appeal of the note is extraordinary. Even the press-bed smearing, which is a constant on "1" and "a" Spinners, is extremely minimal. An important note.
Fr. 1326 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. This Spinner would be a perfect Gem with just a touch better back centering. The face margins are simply huge, the bronze is bright, the ink colors are perfect and the note is covered with deep, original embossing.
Fr. 1328 50c Third Issue Spinner PMG Gem Uncirculated 66 EPQ. A nicely margined example of this hand-signed, red back, Spinner variety. These are common up through the Choice grade, but can be considered quite elusive at this 66 EPQ level.
Fr. 1328 50c Third Issue Spinner PMG Gem Uncirculated 65 EPQ. A very handsome hand-signed Red Back Spinner that would likely have garnered the Superb grade with just a touch more top margin. The other three margins are huge, and the colors and paper surfaces are flawless.
Fr. 1328 50c Third Issue Spinner Gem New. Deep original embossing, ideal colors and broad margins highlight this hand-signed Spinner. This is one of the very few high-grade raw Fractional notes in this sale, and in this cataloger's opinion, it's rather nice to be able to touch and see an actual note. The certified grade of this piece should be 66 PQ. After certification, we're sure it will grade between 40 and 68.
Fr. 1328 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. An awfully nice looking note for the 64 EPQ grade. The face margins are broad and even, the bronze is bright, the back has vibrant color, and the original embossing is easily seen through the third party holder. Anyone succeeding in buying this note at the 64 level certainly appears to have gotten themselves a bargain.
Fr. 1328 50c Third Issue Spinner PMG Choice Uncirculated 64. The overprints are bold and the margins ample on this autographed example.
Fr. 1329 50c Third Issue Spinner PMG Gem Uncirculated 66 EPQ. PMG has graded 39 Fr. 1329's to date, with only a single 67 above this note. The piece is a beauty, with excellent centering of both sides, bold color, bright bronze and terrific eye appeal. This Allison-Spinner signature combination is truly scarce in high grade, and this is one of the nicer pieces that we have had the opportunity of handling.
Fr. 1329 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. A beautifully bright example of this much scarcer Allison-Spinner hand-signed Red Back. The colors are spectacular, and the note appears to be a perfect Gem from the face. The back centering is a little off to the right, and without that anomaly, we expect this note would have been a 66.
Fr. 1329 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. This lovely and strictly original Spinner carries the hand autographed Allison-Spinner signature combination. These notes are outnumbered by the Fr. 1328's, the Colby-Spinner combination, by a ratio of about 30 to 1, yet they sell for only about two and a half times the price. This pricing anomaly is not likely to continue too far into the future as the knowledge of Fractional collectors becomes more refined. This note would be fully Gem quality if the back design did not just barely touch the left edge. PMG has included the Exceptional Paper Quality comment.
Fr. 1329 50c Third Issue Spinner PMG Choice Uncirculated 63 EPQ. With a bit better back centering this note is closer to Gem.
Fr. 1330aSP 50c Third Issue Spinner Face PMG Choice Uncirculated 64 EPQ. This number exists only in Specimen form. The hand-signed Jeffries and Spinner signatures are clear and problem-free, which is seldom the case on these popular Specimen notes. The bronze is bright, and the note has earned PMG's "Exceptional Paper Quality" comment. This is an early PMG holder, lacking the EPQ qualifier on the face. PMG reholders these notes if the buyer wishes. PMG has graded six examples of this number, with this lone 64 EPQ at the top of the census.
Fr. 1332 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. This is an exceptional example of this scarcer Friedberg number. The margins are huge and the embossing incredibly deep. The PMG population report shows only four 64 EPQ's and only one other note receiving a higher grade for this Friedberg number.
Fr. 1332 50c Third Issue Spinner PMG Choice Uncirculated 63 EPQ. This "1" and "a" Spinner is a Gem save for centering problems. Three of the margins are huge, but the left face margin (and corresponding right back margin) cuts the design. Still a desirable note.
Fr. 1332 50c Third Issue Spinner Inverted Back Surcharge PMG Very Fine 20. Previously lot 819 of our 1997 sale of the Milt Friedberg Collection. Prior to that, it was lot 502 of the Siegel Lilly Collection in 1969. In 1997, we described it as: "Very Fine, two tiny corner tips are missing from this very rare '1' and 'a' invert. Three pieces were known when the encyclopedia was published in the late 70s, and to our best knowledge no others have appeared in the intervening years." PMG has now graded it VF 20 with the comment "Corner Missing, Pinholes". To this date, we know of no others and believe the census to still be three.
Fr. 1333 50c Third Issue Spinner PMG Choice Uncirculated 64. Face plate "20" is visible at lower right on this pleasing Spinner Fractional.
Fr. 1334 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. We have seen similar margins on a number of Gem graded issues. The jumbo bottom margin is a touch larger than the top, likely calling for a near-Gem grade. The overprint FIFTYs are as bold as one will find for the issue.
Fr. 1335 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. A much tougher number, and a beautiful example. Very few 1335's have been graded at this level or higher by either service. This piece, with its "Exceptional Paper Quality" comment, would likely have been a full Gem with just a tad more top face margin.
Fr. 1335 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. Although Fr. 1335 is the most available of its group, all these Green Back Spinners with the "A-2-6-5" reverse corner surcharges are scarce and underrated. Both of the major services combined have graded a total of only two 1335's above this 64 level. A very nice example of a truly scarce number.
Fr. 1336 50c Third Issue Spinner PMG Very Fine 25 Net. A relatively minor repair to the lower right corner has been noted by PMG, and reflected in the Net grade. There are probably just a dozen or so of these in existence in all grades combined, and to date, PMG has graded eight examples.
Fr. 1340 50c Third Issue Spinner Type II PMG Gem Uncirculated 65 EPQ. Bright bronze is immediately evident on this "1" and "a" Type II Spinner. This is a scarce note in all grades, and not very many will ever make it to this 65 EPQ level.
Fr. 1345 50c Third Issue Justice PMG Choice Uncirculated 64. A beautiful looking note, with PMG comments on back reading "Hinged & Internal Tear".
Fr. 1345 50c Third Issue Justice PCGS Choice New 63PPQ. The original embossing can be easily seen through the holder of this brightly colored red back Justice. The margins are also unusually large for the series. The note, on the whole, appears to have been very conservatively graded. A difficult number and one of the nicer examples of the Fr. 1345 that we've seen.
Fr. 1349 50c Third Issue Justice PMG Choice Uncirculated 63. PMG has graded only two Fr. 1349's at this grade level, with none graded higher. The PMG comment, "hinged," detracts little from this scarce Red Back Justice.
Fr. 1355 50c Third Issue Justice New. The appearance, color, margins and paper surfaces of a Choice New example, but there is a tiny, virtually unnoticeable restoration-tape repair of a small split.
Fr. 1356 50c Third Issue Justice PMG Choice Uncirculated 63 Net. PMG has commented, "Ink Burn," and they are indeed correct, as parts of the broad Spinner pen strokes have eaten away the paper and fallen out. They were somewhat less correct with the Friedberg number; the holder says 1355, but the note is a 1356.
Fr. 1356 50¢ Third Issue Justice PCGS Very Choice New 64PPQ. Boldly signed, with good color and the coveted EPQ designation. Fr. 1356 is a slightly tougher number than the similar 1355, and is harder to find graded this high.
Fr. 1357 50c Third Issue Justice PMG Very Fine 30 EPQ. Justice is served in mid-grade VF this time. This Fiber Paper Red Back hand-autographed note has earned PMG's all-important Exceptional Paper Quality modifier. As a one-number type, 1357's are important in all grades, and solid VF's such as this note, free of damage and problems, are rarely encountered.
Fr. 1358 50c Third Issue Justice PMG Choice Uncirculated 64 EPQ. A very pleasing note with great color. It is a shame that the back centering has limited the grade as the overall appeal is that of a higher graded example.
Fr. 1358 50c Third Issue Justice PMG Choice About Unc 58 EPQ. PMG notes, "Bronze Overprint Shift," which is indeed correct, as the bronze on the face is most unusually low, intruding well into the broad bottom margin. Less dramatic examples are quite common, but at this extremity, the note indeed qualifies as an Error.
Fr. 1359 50¢ Third Issue Justice PCGS New 62. Here is yet another example of this elusive Justice that is sure to please. As is often the case the side margins are a bit cut into the design. Certainly a desirable note destined for a fine collection.
Fr. 1359 50c Third Issue Justice PMG About Uncirculated 53. A very rare number, and a piece that would have been among the finest known save for a dark brown area of staining at the lower right. PMG has commented, "Stained" on the holder. 1359's are seldom seen in any grade, and this piece, in spite of its problem, remains highly desirable.
Fr. 1360 50c Third Issue Justice PMG Choice Uncirculated 64 EPQ. Lots of grade for this much scarcer Justice number. With a little more margin at the right, this one would have been a full Gem.
Fr. 1360 50c Third Issue Justice PMG Choice Uncirculated 64. Fr. 1360 is a relatively scarce number, and this bright example would likely have graded far higher with a little more face margin on the right. The colors are excellent, and the bronze is bright.
Fr. 1361 50c Third Issue Justice PMG Choice Uncirculated 64. Fr. 1361 is a scarce number in all grades, and rarely seen at this level. The margins are unusually good for a Justice.
Fr. 1362 50c Third Issue Justice PMG About Uncirculated 55. A handsome example of this basic Green Back Justice type.
Fr. 1363 50c Third Issue Justice PMG About Uncirculated 55. The past couple of certified Choice About New examples that we have sold have realized in the $500-$600 range. Though the most common of the "1' and "a" varieties, it is a legitimate rarity in new grades.
Fr. 1371 50c Third Issue Justice PMG Choice Fine 15. Fewer than twenty examples exist of this fiber paper Justice variety, and surprisingly most of them are at least in the upper circulated grade range or better. This example has a bevy of folds and a tiny margin nick which is not terribly distracting. PMG mentions the nick and an inverted plate number 28 on back.
Fr. 1257 10c Fourth Issue PMG Gem Uncirculated 66 EPQ. A beautiful example of this basic Ten Cent Fourth Issue Type. This note is common in most grades but not at all easy to find at this level.
Fr. 1261 10c Fourth Issue PCGS Gem New 66PPQ. A common enough number, but legitimately scarce at this grade level. It's broadly margined, super bright and as pretty as they come.
Fr. 1267 15c Fourth Issue PMG Superb Gem Unc 67 EPQ. PMG has graded over 190 Fr.1267's to date....four of them have reached this level with not a single one higher. The note is a real beauty, with huge margins, super color and the "EPQ" comment to attest to the original surfaces of the paper.
Fr. 1267 15c Fourth Issue PMG Gem Uncirculated 65 EPQ. Fifteen Cent notes in Gem condition have always been both elusive and extremely popular. This pretty one, in its PMG 65 EPQ holder, will quite deservedly attract multiple strong bids.
Fr. 1267 15¢ Fourth Issue PMG Choice Uncirculated 64. This is a splendid example of this one denomination type note.
15c Fourth Issue Back Plate Proof PCGS Choice About New 58PPQ. The margins are a bit larger than what one would expect to find on a regular Fourth Issue note. The note has the appearance of a perfect Gem, though it likely has a light fold somewhere. It is quite similar to Milton 4E15R.1a.
Fr. 1271 15c Fourth Issue PMG Gem Uncirculated 66 EPQ. PMG has graded over 60 examples of this 15¢ Fractional number, with seven at this level and just three higher. It's a beautiful note with extraordinary margins, great color, and all the eye appeal that one would expect for the grade.
25c Fourth Issue Back Fine. While this item appears to have circulated, it is a uniface Proof or Specimen of the 25¢ Fourth Issue back. There is no question in our minds that this is a legitimate piece and not a shaved or peeled back of a note. It is a bit of an enigma at best, but with a little research, it could prove to be a significant Fractional piece.
Fr. 1307 25c Fourth Issue PMG Gem Uncirculated 65 EPQ. Fr. 1307 is not the normally seen number for 25¢ Fourth Issue notes. It's particularly scarce as a full Gem with original paper surfaces, such as this note.
Fr. 1374 50c Fourth Issue Lincoln Very Choice New. Very nicely margined from the face, but the back, though clear of the edge, is a bit too low for the full Gem grade. The paper surfaces are strictly original, and this beautiful Lincoln has the added benefit of seal plate #1 in the edge design below Lincoln's left lapel.
Fr. 1374 50c Fourth Issue Lincoln PMG Choice Uncirculated 63. The margins are irregular but primarily huge. The 63 grade is likely due to the right face margin being fairly tight. The colors are exceptionally nice on this pretty Lincoln.
Fr. 1374 50c Fourth Issue Lincoln PMG About Uncirculated 55 EPQ. Lincoln Fractionals are always extremely popular. This example has three huge margins both face and back, with the bottom a bit close on both sides. The exceptional paper quality is visible, and the 55 grade was apparently caused by a single broad corner fold at the upper right.
Bronze Age (1970-1979)
Fr. 1309 25c Fifth Issue PMG Superb Gem Unc 67 EPQ. The margins would be difficult to improve upon as this is one of the highest graded examples to be offered recently.
Fr. 1309 25c Fifth Issue Original Pack of Forty Very Choice New. This clearly original pack is made up almost entirely of beautifully centered notes. All the notes are tied together by having been sewn in their lower-right corner. The original knotted thread remains. Consequently, each note has a needle hole. But for that needle hole, the great majority are fully Gem. Packs like this were once seen with some frequency, but almost all have been broken up to obtain original notes in high grade. This pack has beautifully centered pieces all the way through, and every note comes either from plate position M or F--as it should be for an original pack.
Fractional Currency
Fr. 1381 50c Fifth Issue PMG Gem Uncirculated 66 EPQ. Perfectly even margins frame this wholly original issue. The colors are vibrant, including the multicolored fibers in the paper.
Fr. 1381 50c Fifth Issue Original Pack of Twenty Very Choice New. An utterly original pack that squares up perfectly. Each of the notes comes from plate position "G" or "O," and these are the only two plate positions for all twenty notes, another indicator of the originality of this bundle. Original packs of Fractional are legitimately rare, and pristine offerings such as this are seen even less frequently. The original Ten Dollar Band has been scotch-tape repaired. Each of these twenty notes grades Gem or Superb Gem depending solely on centering, All are bright, fresh, and strictly original. One of the top half-dozen Fractional bundles we've seen.
Fr. 1381 50c Fifth Issue Original Pack of Twenty Graded PMG Uncirculated. This pack has been certified and graded by PMG. While it lacks the technical number grade for each note, it does indicate that the bundle is fully uncirculated with the original band. The top and bottom notes exhibit Very Choice to Gem centering and the colors for each of the design elements are bold.
Four Fr. 1381 50c Fifth Issue Notes PMG Choice About Unc 58 EPQ. A pleasing quartet of Fifth Issue Fifty Centers with three of the pieces exhibiting Choice to Gem centering. Only one example displays a hard fold and is not EPQ. The others show a light bend or no traces of grade limiting factors at all.
A Nice PMG Fractional Starter Set. Fr. 1231 PMG 25; Fr. 1281 PMG 64 "Minor Tear"; Fr. 1332 a "1" and "a" Spinner PMG 30 "Good Embossing"; Fr. 1376 Stanton PMG 40 EPQ; and Fr. 1264 Green Seal PMG 53 EPQ. There are some tougher notes and quite a bit of value in this nice grouping.
Fiber Paper Trio. This is a pleasing group of Fiber Paper notes which includes a Fr. 1289 25c Second Issue PMG About Uncirculated 55 and a Fr. 1320 50c Second Issue PMG Choice Extremely Fine 45 and lastly a Fr. 1322 50c Second Issue PMG About Uncirculated 55.
CSA Watermarked Paper. This is a blank sheet of CSA paper measuring approximately 11.75 by 15.75 inches on which the CSA watermark appears eight times. These were produced in England and bound for the Confederacy, but they were intercepted by the Union Navy. The cargo was auctioned off and the sheets were purchased by the Treasury Department. This paper was used to print Fractional Currency Specimens. Full sheets like this one are seldom seen in today's market. The sheet has a lateral center fold and the edges show notches and tears with the longest tear being approximately two inches. Nonetheless, a great collateral item for the advanced Fractional collector.
A Large Group of Lower Grade Fractional. Fr. 1228 VG; Fr. 1231 Good; (2) Fr. 1312 -- Fine and Very Fine; Fr. 1244 Fine; Fr. 1226 Very Good; Fr. 1255 Very Fine; Fr. 1295 Very Good; Fr. 1257 Very Good; Fr. 1258 Very Good; (2) Fr. 1271 -- both Fine; Fr. 1303 Fine; Fr. 1307 Fine; Fr. 1379 Fine; Fr. 1264 AU; Fr. 1265 Fine; (3) Fr. 1266 -- Fine, and two Extra-Fine; Fr. 1309 Fine; and Fr. 1381 Very Good.
Fr. 1382 Fractional Currency Shield, With Gray Background. This is a wonderful shield in a contemporary frame which is backed with various communications from the early 1900's. It seems this shield was originally purchased from the Anthony estate in 1921. A Fractional Currency pricelist from Arnold Numismatic Co. shows that prices for rare Fractionals have steadily increased over the years. Numerous hotel advertising is also visible along with mementos from WWI. The shield itself only has minor blemishes and the frame has remained intact after all of these years. The majority of the notes remain colorful with only a few exhibiting a bit of fading. A pleasing piece.
Fr. 1382 Fractional Currency Shield, With Gray Background. This shield has been enclosed in a large, gray modern frame that matches it well. The usual water stains are noticed, but the majority of the notes have held up very well. There is a crack down the center which damaged a few of the notes though not terribly. An average shield with a few problems that is ready for hanging in a den or office.
Fr. 1382 Fractional Currency Shield, With Gray Background. A pleasing shield that exhibits the usual water staining and faded notes, but interestingly enough is not cracked. A few extra Fractional notes from later issues have been added to it.

Session 2
National Bank Notes
Montgomery, AL - $20 1882 Date Back Fr. 555 The Fourth NB Ch. # (S)5877
An evenly circulated $20 1882 Date Back which is perfect for type. Pleasing Fine-Very Fine.
Fairbanks, AK - $20 1929 Ty. 2 First NB Ch. # 7718
While large notes, particularly Red Seals, are often available from this bank for those collectors willing to pay the price, Series 1929 specimens are another story entirely, with Track & Price showing just one offering of any kind during the past dozen years. This new to the census example is certainly not pretty, but is not nearly as bad as the PMG assigned grade of Good 6 Net with the notation "Damaged" on the back makes it seem. We will let our bidders make their own determination, but this note is only the second Type 2 twenty recorded to date, with the one other example not having appeared on the market since a sole auction appearance twenty years ago.
Flagstaff, AZ - $20 1902 Plain Back Fr. 658 The First NB Ch. # (P)11120
There are an even dozen large notes known from this one bank town with the addition of this newly discovered piece, but the grade here suggests that this note may well be as nice as any in the census. The bottom margin is a touch tight on the left, and there is a very small light stain at the top right, along with a chip out of the lower border that does not come close to the design, but there is little evidence of any actual circulation and the purple stamped signatures are as bright as the day they were first applied. Very Fine, a real peach of an Arizona note.
Florence, AZ - $10 1902 Plain Back Fr. 632 The First NB Ch. # (P)10998
This is an extraordinary new discovery from an excessively rare Arizona bank which issued large notes only and had just $920 outstanding at the time the bank shut its doors forever in 1933. This bank issued only $10 notes and was the only bank in Arizona to utilize the $10-10-10-10 plate arrangement. Before this note crossed our desk, only six notes were known from this one bank community. Interestingly, we sold a former sheet mate of this note in XF for $34,500 in January 2006. This Very Good example has some small edge notches, but the black ink penned signature of the cashier and the purple stamped signature of the president are far superior than what is usually seen at this grade level.
Mesa, AZ - $20 1902 Plain Back Fr. 658 The First NB Ch. # 11130
A wonderful new discovery from probably the most well researched state in the country. Years of diligent work had resulted in the enumerating of just five Large Size notes on this rare Maricopa County bank - all $10s. With just over 3,000 sheets issued by this small institution, it was not likely that many more would be surfacing. That all changed with the recent unearthing of the first $20 Blue Seal which we offer tonight. Best of all, it is an evenly circulated piece with solid pen signatures and nice color, which has been encapsulated by PCGS as Very Fine 20. It's a standout piece which is certainly destined to end up in an advanced Arizona collection or with someone who just appreciates great notes.
Phoenix, AZ - $10 1929 Ty. 1 First NB of Arizona Ch. # 3728
Notes from here never seem to exist in adequate numbers to meet collector demand. Tonight's example is a Very Good-Fine that has a small hole above the president's signature and derives its grade from the moderate circulation soil present. This bank issued under two titles, with its 1929 emissions being confined to the second.
Berryville, AR - $10 1902 Plain Back Fr. 630 The First NB Ch. # 10406
The first of an amazing two opportunities to acquire a note on this rare bank. This piece is moderately circulated but boasts full signatures and solid paper. Very Good-Fine.
Berryville, AR - $20 1902 Plain Back Fr. 656 The First NB Ch. # (S)10406
While small notes from this community do turn up with considerable regularity, large examples are quite another matter, with Track & Price showing only one such offering in over ten years. This is an attractive, evenly circulated piece with the pen signature of a female Assistant Cashier. Fine-Very Fine.
Fayetteville, AR - $10 1902 Red Seal Fr. 613 The First NB Ch. # (S)7346
This is one of only about two dozen Red Seals known from all banks in the state of Arkansas combined and one of only four reported from this institution. Although circulated, this piece has retained good color and body for the grade, and has no real problems save for honest circulation. The rubber-stamped blue signatures also add to the aesthetics of the note. Fine.
Gentry, AR - $20 1929 Ty. 1 The First NB Ch. # 12340
Though eight pieces are known, this is only the fourth piece to appear in auction in over sixty years. The paper is whole and original with pleasing signatures of Tom Whiteside and Marion Wasson. Nice Fine.
Green Forest, AR - $10 1929 Ty. 1 The First NB Ch. # 10422
A spectacular Arkansas rarity that we were privileged to offer once before in 2000. Before closing in 1931, this obscure little bank issued a mere 96 sheets of small size notes. Miraculously, four of them have survived including this Fine-Very Fine example, but no others have ever appeared at public sale. A great opportunity for a new generation of collectors.
Newport, AR - $20 1902 Plain Back Fr. 650 The First NB Ch. # (S)6758
This pretty high grade circulated Twenty comes from the run of notes that appeared years ago, and boasts broad margins, strong original embossing, and unfaded purple stamped signatures. PCGS Choice About New 58.
Siloam Springs, AR - $10 1902 Plain Back Fr. 628 The First NB Ch. # (S)9871
From the scarcer of this community's two issuers, large size only were circulated before it closed its doors in 1929. Attractive color and nice signatures are found on this Fine that has picked up just some light staining in the margins.
Azusa, CA - $20 1902 Date Back Fr. 643 The United States NB Ch. # (P)8074
A wonderful new discovery which walked into an Illinois coin shop earlier this year as part of a small estate and was consigned to us immediately after its purchase. It is only the second note known from this "Forbidden Title" bank, an institution which lasted for barely a decade before closing its doors forever in 1916. The other example is one we've had the privilege of selling in both of its auction appearances, once as part of the famed Charles Colver collection in 1999 and again when we sold Lowell Horwedel's California notes in 2004. Although quite low grade, it realized $6050 in 1999 and $9487.50 in 2004. Fortunately for the many collectors who lost out on that note, this piece is light years superior in grade. It grades an attractive pen signed Fine-Very Fine, with a tiny restoration which is impossible to see unless the note is very closely examined. Any estimate here is simply a guess, as notes from this bank are on the want lists of both California as well as Forbidden Title collectors, but expect this outstanding rarity to easily reach and likely well exceed the five figure mark, likely ending in the region of...
Berkeley, CA - $5 1902 Plain Back Fr. 609 First NB Ch. # (P)12320
This is the highest graded note of the twelve in the census for this Alameda County bank that exited the banking stage in January 1931. The signatures are dark and the paper is bright. The top edge is just outside the frame line of the above note, while the bottom edge is in its proper location. Very Fine-Extremely Fine.
Calexico, CA - $5 1902 Date Back Fr. 593 The First NB Ch. # (P)9686
Large notes only from this institution, the sole issuer in this border community. This example is a new addition to the census that brings the total reported to an even dozen and is only the second Date Back to turn up. The purple stamped signatures have faded a bit on this Fine-Very Fine Blue Seal.
Chico, CA - $20 1929 Ty. 1 First National & Trust Savings Bank Ch. # 8798
There is only one note in the census for this bank title that has a higher grade. Embossed About Uncirculated.
Chico, CA - $20 1929 Ty. 1 First National & Trust Savings Bank Ch. # 8798
This Butte County bank issued all of its small size under its second title before failing in 1933. Bright Very Fine.
Cloverdale, CA - $20 1929 Ty. 1 The First NB Ch. # 11282
A very tough note from the only bank to issue in this obscure Sonoma County hamlet. Pleasing Fine-Very Fine.
Colton, CA - $10 1902 Plain Back Fr. 626 The First NB Ch. # 3573
The signatures are faint but still legible on this well circulated but intact Very Good example from a scarce San Bernardino County bank that issued large size only before closing its doors in 1930.
Crockett, CA - $5 1929 Ty. 1 The First NB Ch. # 11326
A well circulated example from the sole bank to issue in this northern California location. Very Good, with some edge roughness but still retaining some body to the paper.
Crows Landing, CA - $10 1929 Ty. 1 The First NB Ch. # 9765
This is one of California's rarest banks and also one of the truly great names in Nationals. This example is new to the census of a paltry five small documented and is an evenly circulated piece displaying no problems whatever. The last time we had one of these was four years ago and that Horwedel Collection $10 Type 1 in Fine-VF brought slightly over $6000. Be sure to expect some heated competition to determine which fortunate collector takes home this classic rarity tonight. Fine.
Eureka, CA - $20 1902 Plain Back Fr. 660 The First NB Ch. # 5986
A Very Fine example of a far less frequently seen denomination from this Humboldt County issuer.
Eureka, CA - $10 1929 Ty. 1 The First NB Ch. # 5986
The last time we had a $10 Type 1 note in XF on this bank was four years ago when we sold the Horwedel Collection. It brought $977 then and tonight the bidding may begin in that neighborhood. Extremely Fine.
Eureka, CA - $5 1902 Plain Back Fr. 606 The Humboldt NB Ch. # (P)10528
This is a scarce large size-only bank, with only eight notes in the latest census. However, that number is skewed by the fact that five of that small group are serial number 1 notes. This bright Very Fine example is one of the other three notes and provides a much more affordable opportunity. A touch of softness in the top margin is mentioned for full disclosure.
Fort Bragg, CA - $20 1902 Plain Back Fr. 652 The First NB Ch. # (P)9626
Just five notes are in the census with the first title only used until 1922 and this is the only $20 within that elite group. It is an attractive Very Fine-Extremely Fine with huge margins and bright color and was once part of the famed Amon Carter collection. The signatures have faded but that hardly detracts from the rarity and desirability of this pretty note. We sold a similarly graded piece in our January sale for $9,487.50.
Fort Bragg, CA - $10 1929 Ty. 1 The Coast NB Ch. # 9626
A scarce-to-rare Mendocino County bank that never seems to come on the market with sufficient frequency to satisfy collector demand. This example is a bright Extremely Fine.
Healdsburg, CA - $5 1902 Plain Back Fr. 602 The First NB Ch. # 10184
This is a high grade example from this wine country resort community. Embossing is still present along with the signatures on this bright, original Blue Seal. Very Fine-Extremely Fine.
Los Angeles, CA - $20 1882 Brown Back Fr. 504 The First NB Ch. # (P)2491
Early notes are difficult to come by from this community, with this $20 Brown Back no exception. Fine.
From The Norman Collection
Los Angeles, CA - $20 1882 Date Back Fr. 555 The First NB Ch. # (P)2491
This is a quality $20 with a dark blue third printing and excellent signatures. The folds are light while the back is centered a touch high. Extremely Fine.
Los Angeles, CA - $5 1882 Value Back Fr. 574 The First NB Ch. # (P)2491
A scarcer type and denomination from here. Fine-Very Fine, with good signatures.
Los Angeles, CA - $100 1902 Plain Back Fr. 705 Los Angeles-First National Trust & Savings Bank Ch. # 2491
A very scarce denomination from this otherwise common Los Angeles bank. Just three $100s are listed in the census including this Very Good-Fine example. The strong signatures more than make up for a couple of inconsequential pinholes.
Los Angeles, CA - $10 1902 Plain Back Fr. 624 The Commercial NB Ch. #(P)6864
A solid middle grade example bearing this bank's first title. PCGS Very Fine 25PPQ.
Los Angeles, CA - $20 1902 Date Back Fr. 642 The Commercial NB Ch. # (P)6864
This $20 becomes just the third 1902 Date Back to be added to the census for charter number 6864 plus this note has the highest grade of the trio by a large margin. The signatures are dark and embossing is present on this captivating About Uncirculated $20.
Los Angeles, CA - $5 1902 Plain Back Fr. 609 The Peoples NB Ch. # 12755
The first title used by this bank, which issued using this nomenclature from its inception in June of 1925 through June of 1928. Seven notes are listed in the census including this bright Very Good+ example that still has decent signatures.
Los Angeles, CA - $5 1902 Plain Back Fr. 609 The NB of Commerce Ch. # 12755
This is a somewhat scarcer Los Angeles bank with this note carrying the bank's second title. The signatures are still quite bold on this bright Fine-Very Fine $5.
Los Angeles, CA - $5 1902 Plain Back Fr. 609 The NB of Commerce Ch. # 12755
A decent example bearing the second title used by this scarcer Los Angeles bank. Fine, with engraved signatures.
Marysville, CA - $5 1902 Plain Back Fr. 606 The First NB Ch. # (P)11123
An extremely rare Yuba County bank made even more rare by the fact that two of the six large notes reported from here are seriously damaged and basically uncollectible. This piece, while heavily circulated, is "all there" and retains bold signatures. Very Good.
McFarland, CA - $5 1929 Ty. 1 The First NB Ch. # 10387
This bank has been prohibitively rare and almost impossible for most collectors to acquire a note for their holdings. Now, with the cutting of the serial number 1 $5 sheet, there are a few more opportunities available. This pleasing piece is the fourth note from that sheet. It has decent margins and bold overprints. A fold line in the top margin is the probable reason that PMG has assigned this note an About Uncirculated 55 grade.
Monterey, CA - $20 1929 Ty. 1 The First NB Ch. # 7058
Large notes are virtually uncollectible from this sought after one bank location, leaving Series 1929 examples the only alternative. While not rare, they are in enough demand so that even circulated examples command near four figure prices. This piece is new to the census. Fine or a bit better, but a bit discolored, with a small hole at the top.
Napa, CA - $20 1929 Ty. 1 The First NB Ch. # 7176
This is a beautiful pack fresh $20 with strong embossing and dark inks. Choice Crisp Uncirculated.
National City, CA - $10 1902 Date Back Fr. 618 The Peoples NB Ch. # (P)9512
A fantastic new discovery from San Diego County, probably the most avidly collected county in California at present. This short lived institution issued only Third Charter Date Backs and Plain Backs before entering receivership in 1921. Prior to the emergence of this note, the census from here consisted of a single very well circulated example that we sold back in 1999 as part of Charley Colver's magnificent California collection along with one other note which has never been reported and allegedly is in the hands of a San Diego area collector. Charley had obtained his note back in the 1960's, and, despite forty years of effort, it was the sole note he ever was able to obtain from this location. Estimated at $3500-6500, it sold for $17,600. After one reappearance the following year, that piece has now disappeared into a major California collection and is unlikely to be seen by the present generation of collectors. This new to the market piece comes from the family of one of the bank's officers. It is the serial number 1 note from the "A" position, truly the first note issued from this bank, and a piece which was clearly kept by the family from the time the note arrived at the bank until earlier this year. Over the years it has received its share of storage folds, compelling our grade of Very Fine, but this example is still light years higher grade than the one other note that has ever been available from this excessively rare community. Any estimate here is but a mere conjecture, but we expect this classic California rarity to certainly reach and perhaps well exceed...
Ontario, CA - $10 1902 Plain Back Fr. 635 The First NB Ch. # 6268
A well circulated but still quite collectible example from this San Bernardino County community. This piece bears the 1922 plate date. Very Good, with a small internal split.
Palo Alto, CA - $5 1929 Ty. 2 Palo Alto NB Ch. # 13212
This is an attractive $5 from this popular community with dark inks, bright paper, and broad margins. It certainly looks the census grade of 63 at first glance. The last note we sold on this bank was a $20 Type 1 in Fine and it brought $1150 in January 2007. This much nicer Extremely Fine $5 from a tougher type should end up at...
Petaluma, CA - $10 1902 Plain Back Fr. 627 The Sonoma County NB Ch. # 9918
A large example from this avidly collected location. The signatures have pretty much faded away on this Very Fine-Extremely Fine example.
Petaluma, CA - $10 1902 Plain Back Fr. 627 The Sonoma County NB Ch. # (P)9918
This is one of the highest grade large size notes known on this bank. The purple stamped signatures are well placed with the cashier's bordering on the edge of a vanity signature despite its normal size. Very Fine.
Placerville, CA - $5 1929 Ty. 2 The Placerville NB Ch. # 12056
The paper is sound, though lightly toned. Very Fine.
Redding, CA - $5 1902 Plain Back Fr. 602 The Redding NB Ch. # (P)10070
Some staining is visible on this note, which also exhibits a few pinholes. Fourteen examples are enumerated in the Kelly census from this always popular northern California institution. Very Good.
Redondo, CA - $10 1929 Ty. 1 The First NB Ch. # 8143
Few small size survivors from this bank escaped extensive use in circulation. This piece shows some softness in the printed details but is otherwise problem free for the assigned grade. Very Good.
Salinas, CA - $5 1929 Ty. 1 The Salinas NB Ch. # 13380
This $5 that has never before appeared in an auction is in the census as Fine. We see a note with natural paper surfaces, embossing, sound edges, and ample margins with the folds of a Very Fine. The last one of these we sold was a Fine-VF Type 1 $5 in January 2007 that went for $977.
Salinas, CA - $5 1929 Ty. 1 The Salinas NB Ch. # 13380
A more than acceptable example from well collected Monterey County. Fine-Very Fine.
San Diego, CA - $10 1902 Plain Back Fr. 624 The First NB Ch. # (P)3050
This is perhaps the most avidly collected major city in California, with large notes, while hardly rare, in considerable demand nevertheless. This bright Very Fine, faces up quite nicely but does have some softness in the paper.
San Diego, CA - $20 1902 Plain Back Fr. 650 The First NB Ch. # (P)3050
An evenly circulated example with bold black signatures and a good appearance despite its evident circulation. About Fine, considerably nicer than the large $10 we sold from this avidly collected location which realized over $1000 back in May.
San Diego, CA - $10 1929 Ty. 1 The First National Trust & Savings Bank Ch. # 3050
This is a bright example from what is perhaps the single most sought after major city in the country. Very Fine+, with plenty of original embossing remaining.
San Diego, CA - $10 1929 Ty. 1 The First National Trust & Savings Bank Ch. # 3050
There is still some crispness to the paper of this Very Good-Fine example. While not a scarce bank, this note is from what is probably the most hotly collected major city in the country.
San Francisco, CA - $5 1870 Fr. 1136 The First National Gold Bank Ch. # 1741
This example faces up well on both sides and has just the normal splits and pinholes associated with this level of circulation. It is a well circulated but still attractive National Gold Bank Note that someone will be able to finally add to their type collection. Very Good.
San Francisco, CA - $50 1929 Ty. 1 Crocker First NB Ch. # 1741
We have auctioned only a few of this title and denomination from here. This lightly circulated example is certainly near the top of the census for $50s on this San Francisco bank. CGA Extremely Fine 45.
San Francisco, CA - $5 1882 Brown Back Fr. 475 The San Francisco NB Ch. # (P)5096
An attractive example of the only easily obtained Brown Back from California in this state of preservation. PMG has designated this example Choice Uncirculated 64.
San Francisco, CA - $5 1882 Brown Back Fr. 475 The San Francisco NB Ch. # (P)5096
Dark inks and printed signatures reside on this white paper $5 that is a great type note. It has also been declared by PMG as having "Exceptional Paper Quality." PMG Choice Uncirculated 63.
San Francisco, CA - $10 1882 Date Back Fr. 545 Wells-Fargo Nevada NB Ch. # (P)5105
This $10 has dark inks, bright paper, and strongly printed signatures of the cashier and vice president. Very Fine.
San Francisco, CA - $10 1882 Date Back Fr. 545 Wells-Fargo Nevada NB Ch. # 5105
A more than acceptable example bearing a much collected title. Fine, with darkly stamped signatures including that of the vice president.
San Francisco, CA - $5 1902 Plain Back Fr. 606 Wells-Fargo Nevada NB Ch. # 5105
The second title of this major San Francisco bank only appeared on Third Charter Plain Back notes. This boldly printed, well embossed example suffered in grade due to the poor cutting of the sheet by a bank employee having a bad day. PMG Uncirculated 62 EPQ.
San Francisco, CA - $50 1902 Date Back Fr. 669 The London Paris NB Ch. # (P)9174
Although this bank is extraordinarily common under its second and third titles, notes bearing the first title are decidedly scarce. Only eleven notes, all large size, are reported in the census from this title, and this note appears to be the only $50 on that list. The paper is still crisp but this piece is lightly stained and has acquired some edge roughness, particularly in the top and bottom margins. Still, it is a very collectible note on a popular San Francisco bank. Fine.
San Francisco, CA - $100 1929 Ty. 1 Bank of America National Trust & Savings Assoc Ch. # 13044
An attractive and well embossed example perfect for type. An as made paper crinkle and a touch of handling prevent a Choice grade. Crisp Uncirculated.
San Jose, CA - $5 1874 Fr. 1141 The Farmers National Gold Bank Ch. # 2158
Overall this is a nice example of this type at the Very Good-Fine level. These are usually found with problems because since they were backed by gold they circulated extensively. The all important Gold Coin back is much sharper than what is usually found at this grade level.
From The Chenango County Collection
San Pedro, CA - $10 1902 Plain Back Fr. 632 The First NB Ch. # 7057
This is a beautiful $10 with a provenance going back to the Krakover auction of March 1990. It is well preserved with the purple rubber stamped signature of the cashier and the black pen signature of the vice president. There is nothing in the census that is finer for this charter number. Choice Crisp Uncirculated.
Santa Barbara, CA - $5 1902 Plain Back Fr. 603 The First NB Ch. # 2104
This eye-appealing note has going for it the highest grade for a large size on this bank, bright paper, wide margins, bold embossing, and excellent signatures. Choice About Uncirculated.
Scotia, CA - $10 1929 Ty. 1 The First NB Ch. # 9787
This $10 is in the census as a Fine, but its number of folds and brightness would qualify it for a Very Fine.
Scotia, CA - $10 1929 Ty. 1 The First NB Ch. # 9787
This Humboldt County town was an old lumber community that was originally called Forestville. This bank, the sole issuer from here, is prohibitively rare in large size, making the scarce small size survivors that much more in demand. Fine and pleasing for the grade.
Sebastopol, CA - $10 1902 Plain Back Fr. 632 The Sebastopol NB Ch. # 11161
Another just plain rare Sonoma County bank in large size, where the census stands at just seven pieces and the number of offerings at far fewer. Fine.
Sonora, CA - $5 1929 Ty. 1 The First NB Ch. # 7202
A nice Fine-Very Fine $5 from the only bank in town to issue Series 1929 notes. Included with this lot is an April 11, 1916 letter on First National Bank of Sonora letterhead signed by then Cashier Chas. H. Segerstrom. By the time of Series 1929 notes, Mr. Segerstrom had risen to the position of president.
Stockton, CA - $5 1902 Plain Back Fr. 606 The San Joaquin Valley NB Ch. # (P)10817
This is an old friend from the Horwedel Collection that we sold in September 2004. It is a lovely pen signed original surface beauty from a very scarce large only bank. There is only one other note in the census for this charter number with a higher grade. Extremely Fine-About Uncirculated.
Suisun City, CA - $10 1929 Ty. 1 Bank of Suisun National Assoc Ch. # 11684
This is the highest graded note in the census for this scarce Solano County bank. We sold a Fine-VF Type 1 $10 on this bank in September 2006 for $1150. Very Fine-Extremely Fine.
Ukiah, CA - $5 1902 Plain Back Fr. 606 The First NB Ch. # 10977
Eleven large size notes are known on this Mendocino County issuer. Fine-Very Fine.
Ukiah, CA - $20 1929 Ty. 1 The First NB Ch. # 10977
A very rare Mendocino County bank, especially in small size, where the census stands at just four pieces. This specimen, once part of the Philip Krakover collection, is from that elite group and is a well centered Very Good-Fine displaying no problems whatever except honest circulation.
Upland, CA - $10 1929 Ty. 2 The First NB Ch. # 8266
This serial number 60 note is listed in the Kelly census. It is a pleasing Fine-Very Fine and will make a welcome addition to the census from this elusive issuer.
Vacaville, CA - $20 1902 Plain Back Fr. 653 The First NB Ch. # 9795
A difficult to find large example from this Solano County issuer, with the population here divided evenly between eight large and eight small notes. Most are the same grade, with only one piece grading even Very Fine. The Horwedel collection contained two large notes from here, with the nicer example, which graded Fine, realizing $1840. This Fine example should easily reach or exceed that figure tonight.
Vacaville, CA - $20 1929 Ty. 1 The First NB Ch. # 9795
This Very Fine offering is by far the nicest note yet discovered from here and is one of only eight documented 1929 survivors. This bright note has original paper surfaces and traces of embossing. The First failed in 1932, leaving this Solano County locale without a federally chartered bank. Plan on a strong bid somewhere within the range of...
Vallejo, CA - $20 1929 Ty. 1 Mechanics & Merchants NB Ch. # 13368
An interesting bank title font greets the viewer of this $20. The census grade of Fine is incorrect (as are most of the grades in the California census) as this note has the folds of a Very Fine and there is bank title embossing.
Ventura, CA - $5 1902 Plain Back Fr. 601 NB of Ventura Ch. # (P)9685
It is difficult to evaluate this scarce piece because, while it faces up quite nicely, the back of the note has been laminated, though no trace of the lamination is visible on the front. This is a tough bank from a community which is avidly collected, and one from which offerings have been few and far between, with the last coming when we sold the Horwedel collection example for $7475 back in 2004. It's our guess that the lamination on the back may well be removable, although after our last experience with a laminated note, we would be loath to warrant that possibility, but purchasers of this note are at their own risk here, as no returns will be accepted for this item under any circumstances. Very Fine, laminated.
Weed, CA - $5 1902 Date Back Fr. 593 The First NB Ch. # (P)9873
While Series 1929 examples are often available from this Siskiyou County community, large notes are another matter entirely. Just thirteen examples were reported in the latest census, far fewer than are necessary to supply both the collectors of California notes as well as those who covet fancy town names. This attractive Date Back, with its handsome pen signatures, is certain to please its fortunate new owner. Very Fine-Extremely Fine.
Weed, CA - $5 1929 Ty. 2 The First NB Ch. # 9873
A nice specimen for the collector of unusual bank names. Prominent embossing is noticed along with some slight teller handling. Crisp Uncirculated.
Whittier, CA - $5 1929 Ty. 1 The Whittier National Trust & Savings Bank Ch. # 7999
This example is from a community closely identified with the later years of President Richard Nixon. It carries the second of two titles under which this bank issued the 1929 series. Fine.
Willows, CA - $5 1902 Date Back Fr. 593 The First NB Ch. # (P)9713
One of just seven large examples in the census from the only bank to issue in this small northern California community. Fine-Very Fine, with bright paper but the surfaces just a bit soft.
Yreka, CA - $10 1902 Plain Back Fr. 631 The First NB Ch. # (P)10731
A very rare northern California bank which issued large notes only. While six notes are listed in the census, there have no public offerings in the past three years. Extremely Fine, and by far the finest note reported on this tough bank.
Yreka, CA - $20 1929 Ty. 1 The First NB Ch. # 13340
An always in demand note from this small Siskiyou County bank. Very Fine, with a trace of softness in the paper.
Alamosa, CO - $20 1929 Ty. 1 The American NB Ch. # 7904
Less than 20 small size notes are reported from this valley community, and this is the most "common" bank in town. Fine.
Ault, CO - $10 1902 Date Back Fr. 617 The Farmers NB Ch. # (W)8167
A very rare bank in large size, with this piece one of just three recorded in the census. Well circulated, but it retains the vivid overprint usually seen on Date Backs. Very Good+.
Central City, CO - $2 Original Fr. 389 The First NB Ch. # 2129
Frederick Mayer obtained this note in its first offering to collectors when it appeared in our January, 2001 Orlando auction. As we noted there "An incredible new discovery which represents the only Lazy Deuce known from this Territorial bank. There was not even a whisper of the existence of a $2.00 example from here prior to this note's discovery, and its appearance represents the sole opportunity to add this denomination from Central City to any serious Territorial collection. While well circulated, there are no real problems whatever here, with the signatures strong and the margins well clear of the design. We are sorely tempted to call this note Fine, but will opt for the considerably more conservative Very Good-Fine. Whatever the grade, this offers the only opportunity for the advanced collector to obtain a Deuce from this much desired bank." More than seven years later, this note is still the only reported Lazy Two from this bank and one of only two Colorado Territory Lazy Deuces from outside of Denver.
From The Collection of Frederick R. Mayer
Central City, CO - $5 1875 Black Charter Number Fr. 401 The First NB Ch. # 2129
This is the only Territorial issuer from which Black Charter Number examples are known. The census consists of some eighteen Territorial examples, with most long since removed from the market. Track and Price discloses only one offering at public sale since 2003, with that piece, grading Very Fine, realizing $42,550 in June of 2006. This piece does not quite demonstrate that level of quality, but is awfully close. Expect a realization here for this Fine-Very Fine specimen in the neighborhood of...

From the Collection of Frederick R. Mayer.

Colorado Springs, CO - $20 1882 Date Back Fr. 555 The El Paso NB Ch. # (W)5283
This is a tougher Colorado Springs bank which issued large notes only. The census from here stands at just six pieces, and in fact the census of all $20 Second Charter Date Backs from the entire state stands at just sixteen pieces. Very Good-Fine, with more than a few pinholes in evidence.
Delta, CO - $10 1902 Plain Back Fr. 633 The First NB Ch. # (W)5467
Few of the notes that survived from this bank escaped heavy use in circulation. This piece is evenly worn and solid for the grade, with only a couple of pinholes at intersecting folds. Very Good.
Denver, CO - $1 Original Fr. 380 The First NB Ch. # 1016
A very scarce note which is one of only three $1 Original examples recorded in the census from this Territorial issue. Although well circulated, the note is quite pleasing, with good color and body along with two color officer's signatures, one in blue and one in black. There is some edge roughness on the right side that must be mentioned as well. Very Good, a likely affordable Colorado Territory ace.
From The Collection of Frederick R. Mayer
Denver, CO - $1 Original Fr. 380 The Colorado NB Ch. # 1651
The first of a wonderful denomination set from this important territorial bank, which was the second national bank chartered in Colorado. It was founded by the Kountze brothers as a private bank and obtained a national charter in August of 1866, eventually growing into one of the largest and most influential banks in the state. This is one of only four reported $1 examples in the census from this institution. This specimen is listed in the census as Choice Crisp Uncirculated, and we can well understand why, as the colors, paper quality and overall appearance, including the vanity signature of President Kountze, are those of a new note. A couple of light folds, however, do remove the note from the uncirculated range, mandating a grade of Extremely Fine+++.
From The Collection of Frederick R. Mayer
Denver, CO - $2 Original Fr. 387 The Colorado NB Ch. # 1651
This is one of only six $2 Territorials from this bank and one of fewer than three dozen Territorial Lazy Deuces from all banks in the country combined. It's bright and crisp, with fresh paper and exceptionally vivid colors, and bears the bold pen signatures of C[harles] B. Kountze as Cashier and Luther Kountze as President. This piece was one of Mr. Mayer's first Territorial purchases, having been obtained back in June of 1996. Extremely Fine-About Uncirculated.
From The Collection of Frederick R. Mayer
Denver, CO - $5 1875 Fr. 401 The Colorado NB Ch. # 1651
This is one of three $5 1875 examples reported from this institution, and the finest of the trio at that. It's signed by F.H. Woodelton as Cashier and Charles B. Kountze as President, with Charles having stepped up to the job as President after Luther's departure for New York in 1868. Once in New York, Luther established a successful investment bank, became a patron of the arts, and was a founder of the Metropolitan Opera, living until 1918. This note grades Very Fine, with its only real defect a tiny hole along a fold which is barely worthy of mention. The colors are bright, the signatures bold, and the rarity of the note is unquestioned.

From The Collection of Frederick R. Mayer

Denver, CO - $10 Original Fr. 412 The Colorado NB Ch. # 1651
This is one of only three Original Series $10 notes reported from this bank, and, far more important, one of only four Original Series $10 notes known from all banks in the country combined. It is a lovely specimen as well, grading Extremely Fine with great color and eye appeal. This bank issued a miniscule 415 sheets of $10-$10-$20-$50 notes, testifying to the tenacity of Mr. Mayer as a collector to have the two highest grade Original tens from this bank in his possession. This example, by a small margin the finer of the two, bears the signatures of C.B. Kountze as Cashier and Luther Kountze as President. It is one of the most significant Territorial rarities to be offered in many years, and an opportunity which should not be missed by Territorial specialists.
From The Collection of Frederick R. Mayer
Denver, CO - $10 Original Fr. 412 The Colorado NB Ch. # 1651
Mr. Mayer purchased this rarity in 1995, only a couple of years before the opportunity to buy the second and slightly higher grade Original Series $10 from this bank presented itself. The margins are a touch close here, but the colors are bright, the overprint vivid and plenty of original embossing remains visible. We know of no other sale where the opportunity to obtain two Original Series Territorial $10 notes has ever presented itself, and we would be surprised were it ever to occur again. Very Fine-Extremely Fine
From The Collection of Frederick R. Mayer
Denver, CO - $20 Original Fr. 427 The Colorado NB Ch. # 1651
Another classic Territorial rarity from the Frederick R. Mayer holdings. It is one of only five Original Series Territorials known to exist, all of which come from Colorado Territory. Three of that number come from the Colorado National Bank, with this specimen either the finest or second finest depending upon what census you choose to believe. It was obtained in 1995 by Mr. Mayer and traces its pedigree back to the holdings of legendary collector Amon Carter, Jr. In its 1995 auction appearance, it was described as "Choice CU," a designation which, despite this note's beauty, appears somewhat optimistic to this cataloguer. Bright Extremely Fine seems a more reasonable choice, although we admit that this specimen has the look of an even higher grade piece until closely examined. Whatever its technical grade, this example, which is signed by C.B. Kountze as Cashier and Luther Kountze as President, remains a wonderful note fit for the very finest of collections.
From The Collection of Frederick R. Mayer
Denver, CO - $10 1875 Fr. 416 The City NB Ch. # 1955
This is one of the highlight notes from our offering of the Frederick R. Mayer Colorado Territory Nationals. It was unknown until it appeared in our January, 1998 Florida auction, where we described it as follows: "A fantastic new discovery which is one of the very rarest Colorado notes we have ever been privileged to sell. Only two notes are listed in the census from this short lived bank, the first being a low grade and damaged Lazy Two in the hands of a prominent Colorado collector for a full generation and the second being a very well used Very Good $5 1875 example sold in the May, 1971 Donlon personal collection sale. That piece has never again surfaced in the ensuing quarter century. The $10 Territorial we offer here is by far the nicest of the three notes known on the bank, with clear pen signatures, good margins, and an exceptionally vivid red overprint. Fine, a great note which offers the sole opportunity to obtain an example from this bank for perhaps the next full generation." But for Mr. Mayer's untimely passing, that statement would likely have been true. Now, collectors are afforded only their second opportunity in thirty seven years to purchase a note from this excessively rare bank.
From The Collection of Frederick R. Mayer
Denver, CO - $5 1882 Brown Back Fr. 467 The Denver NB Ch. # 3269
Just four $5 Brown Backs are reported on this capital city bank which is also a tough type and denomination for this Rocky Mountain state. The signatures are strong and the paper retains some crispness on this Very Good example.
Durango, CO - $10 1902 Plain Back Fr. 627 The Burns NB Ch. # 9797
A tougher Durango bank in large size. Very Good.
Eads, CO - $10 1929 Ty. 1 The First NB Ch. # 8412
This serial number B000001A note has ample margins, white paper, and dark inks.
Traces of embossing can be seen through the third party holder of this lightly handled example. PMG About Uncirculated 55.
Englewood, CO - $5 1902 Plain Back Fr. 601 The First NB Ch. # 9907
Just eight large size are in the census for this Arapahoe County bank that only issued Third Charter Date Backs and Plain Backs. This evenly circulated example boasts bright paper, nice inks, and great signatures. Very Fine.
Fleming, CO - $20 1929 Ty. 1 The First NB Ch. # 11571
An evenly circulated small example from this community's only issuer. Fine.
Florence, CO - $10 1882 Brown Back Fr. 490 The First NB Ch. # (W)5381
This is one of only two Brown Backs reported from Florence, a one bank community in Fremont County. Although Series 1929 notes do turn up, large examples from here are seldom available, with the census standing at just four pieces. Pen signed About Fine, with excellent color for the grade.
Fort Collins, CO - $10 1882 Value Back Fr. 577 The First NB Ch. # (W)2622
This new to the census example is one of only fifteen or so Value Backs reported from all banks in Colorado combined. About Fine, with purple signatures.
Gunnison, CO - $20 1929 Ty. 1 The First NB Ch. # 2686
A decent Series 1929 example. Very Fine.
Johnstown, CO - $10 1929 Ty. 1 The First NB Ch. # 8636
This community is just miles from the border with Wyoming and had only one National Bank. Outside of an uncut sheet of small size notes, survivors from this community are all circulated examples. This Fine-Very Fine specimen is evenly circulated and attractive for the grade.
La Jara, CO - $20 1929 Ty. 1 The First NB Ch. # 9840
A tough bank in both large and small, although the Series 1929 examples are a bit easier to obtain. Very Good-Fine.
Littleton, CO - $5 1929 Ty. 1 The Littleton NB Ch. # 11949
The only denomination issued by this suburban Denver bank. Sharp Very Fine, easily the nicest Type 1 example reported from the bank.
Longmont, CO - $10 1929 Ty. 1 The Longmont NB Ch. # 7839
This serial number 1 example comes from a sheet that was sold back in 1980 and subsequently cut. It's an attractive piece that is ensconced in a PMG Extremely Fine 40 EPQ holder.
Longmont, CO - $20 1929 Ty. 1 The Longmont NB Ch. # 7839
If the serial number 1 example is not to your liking, this nice mid-grade piece should definitely appeal to you. Original embossing is found on this bright Very Fine that just has too much fold evidence for a higher grade.
Montrose, CO - $5 1902 Plain Back Fr. 598 The Montrose NB Ch. # (W)7288
Despite the appearance of a pair of notes from this hitherto excessively rare Montrose bank, the large census from here still stands at just five pieces, including this new to the census example. A corner tip is missing, and there are a couple of small rust holes as well, along with a bit of ink at the left end, but the overall appearance is not nearly as bad as the description makes the note sound. Very Fine.
Ordway, CO - $20 1902 Plain Back Fr. 652 The First NB Ch. # 8695
The census had been stalled on this bank at only 2 large (both $10s) until this $20 arrived on the scene, after over 75 years of survival. In 1935, the large size outstanding for this bank was a mere $540, a figure destined to keep this bank forever rare. The penned signature of A.M. Ward is legible, while the last name of the cashier has faded away. A spot is found beneath the portrait, and a few scattered tiny holes are noticed. Also, the bottom edge of the note has been repaired with archival tape. Good-Very Good.
Paonia, CO - $10 1929 Ty. 2 The First NB Ch. # 6671
A lovely example which is part of a group which surfaced over twenty years ago. All have long since been absorbed into collections nationwide, and appearances have dwindled to the occasional odd sighting whenever an old collection is dispersed. PCGS Very Choice New 64PPQ.
Pueblo, CO - $1 Original Fr. 382 The First NB Ch. # 1833
This attractive note is one of a small group which has given collectors a chance to own an Uncirculated Territorial ace for the last generation. Eighteen Territorials are known from this bank, the great majority Original Series aces in Uncirculated condition. Most all are well ensconced in long term holdings, with the last offering at public sale coming over four years ago, when a Gem example realized $25,875 in a far less active market for rarities. This piece traces its pedigree back to Part 1 of the Herman Halpern collection, sold by Stack's in May of 1992. We will be conservative here, as was Stack's, and label this crackling fresh and brightly colored specimen Choice Crisp Uncirculated, with a conservative estimate of...
From The Collection of Frederick R. Mayer
Pueblo, CO - $1 Original Fr. 382 The First NB Ch. # 1833
A virtual twin to the other Pueblo Original series ace which appears as part of the Mayer Colorado Territorial holdings. Both come from the same small serial number run which has provided collectors with their only chance to own a truly high grade Colorado $1 Territorial, and both have been off the market as part of the Mayer collection holdings for a decade or more. Choice Crisp Uncirculated, a peach of a note.
From The Collection of Frederick R. Mayer
Saguache, CO - $10 1929 Ty. 2 Saguache County NB Ch. # 9997
With large examples from this bank prohibitively rare (only one is known), Series 1929 notes are the sole means for collectors to cover this one bank location. This evenly circulated Type 2 example is certain to please. Nice Fine-Very Fine.
Trinidad, CO - $10 1929 Ty. 1 The Trinidad NB Ch. # 3450
Serial number 8 graces this example from the slightly scarcer of the two note issuing banks in town. While most of the note is a solid Very Fine, it was likely folded and carried as a wallet piece as part of the face is a bit faded.
Bridgeport, CT - $20 1882 Brown Back Fr. 494 The Pequonnock NB Ch. # 928
Another rare Bridgeport note, with this one of only two Brown Backs reported from here, and the only $20. The pen signatures are still quite legible on this well circulated but intact Very Good.
Bristol, CT - $5 1902 Plain Back Fr. 605 The Bristol NB Ch. # 2250
Some light handling does not detract from the overall appearance of this lovely Blue Seal that features deep embossing, a vivid overprint, and bright paper. The bottom margin is a bit tight but the other three huge margins help make up for this fact. Crisp Uncirculated.
Deep River, CT - $1 1875 Fr. 385 The Deep River NB Ch. # 1139
A very scarce early note from this sought after Middlesex County bank. Very Good-Fine, with a short tear at the bottom that affects little.
Hartford, CT - $10 1902 Red Seal Fr. 613 The American NB Ch. # (N)1165
From a scarce Hartford bank, this Very Good-Fine Red Seal is one of only nine notes reported. The signatures are strong and the note is problem free for the assigned grade.
Hartford, CT - $1 Original Fr. 380 The Hartford NB Ch. # 1338
A bright for the grade example of this scarcer Hartford type. There is a small slit at the right margin, but the colors, inks and signatures are sure to make this note a popular choice. Fine+.
Hartford, CT - $5 1902 Plain Back Fr. 609 The Capitol NB Ch. # 13038
A lovely state capital example bearing low serial number 9 as a bonus. PCGS has slabbed this piece and assigned a grade of Choice About New 58.
Middletown, CT - $10 1902 Date Back Fr. 616 The Middletown NB Ch. # (N)1216
A nice Very Fine Date Back from this avidly collected state.
Mystic Bridge, CT - $2 Original Fr. 387 The First NB Ch. # 251
An extraordinary rarity that will certainly gain the attention of the many collectors of the Constitution State's notes. Only First and Second Charters were issued by this obscure institution that closed its doors in 1894 and that left us with just a few surviving examples. A scant three notes are definitely confirmed with rumors of a fourth, which are still not enough for the many Connecticut collectors. While well circulated, this Very Good Deuce is intact with an inconsequential edge split, but still retains nice color and pen signatures. If rarity and desirability are any guide, this important Connecticut rarity should realize...
New Haven, CT - $10 1929 Ty. 1 The Merchants NB Ch. # 1128
An attractive and well embossed example bearing serial number E000001A. A tight left margin has to be the only reason that PCGS did not award this lovely note a Gem grade. Very Choice New 64.
Stonington, CT - $5 1902 Date Back Fr. 590 The First NB Ch. # (N)735
This attractive Very Fine+ example is a new addition to the census from the sole bank chartered in this old Connecticut whaling community. The printed signatures are quite strong and the printing is vibrant as usually seen on Date Backs. Aside from two spindle holes to the left of the portrait, there are no other detracting factors found on this pretty note.
Wilmington, DE - $10 1902 Plain Back Fr. 624 The Union NB Ch. # (E)1390
While series 1929 examples from here are often available to collectors, large size notes from this bank are another matter entirely, with the census standing at just eight pieces of all types and denominations, with only three of that number 1902 Plain Backs. This newly discovered example is not only the nicest large note known on the bank, it is the nicest large note by a huge margin, coming in a grade and a half higher than any previously recorded specimen. This is the kind of note every collector dreams of, as it is a hugely embossed and utterly unmolested piece which clearly never circulated but instead was stored with three light folds which barely break the plane of the paper. Gorgeous Extremely Fine+++, a great Delaware note fit for the finest of collections.
Wilmington, DE - $20 1929 Ty. 1 The Union NB Ch. # 1390
Crackling fresh and blazingly new, but with just a bit too much handling to merit the full Gem grade. Choice Crisp Uncirculated.
Wilmington, DE - $20 1929 Ty. 2 The Union NB Ch. # 1390
A screamingly fresh note which appears to have been printed this morning. It has incredible eye appeal, crackling paper, and near perfect centering, making it the ideal example for any state set of Nationals for even the most discerning of collectors. Gem Crisp Uncirculated.
Washington, DC - $10 1882 Brown Back Fr. 487 The Riggs NB Ch. # (E)5046
Broad, even margins are noted on this AU looking issue. The colors are as vivid as one would expect from a fresh Brown Back and the signatures are bold. Extremely Fine.
DeLand, FL - $20 1902 Plain Back Fr. 653 The First NB Ch. # 9657
This is one of a very small group of high end pieces known from this bank, which issued large notes only before disappearing in 1929. Only a literal handful of these uncirculated twenties are extant, with no tens whatever from the same sheets listed in the census. Every piece that we have ever seen in this grade has been poorly cut, resulting in grades such as this PMG Uncirculated 62. Still, this offers one of the very few chances to obtain any large note from a Florida bank in this state of preservation, and it is worthy of a strong bid for just that reason.
Gainesville, FL - $10 1902 Plain Back Fr. 629 The Florida NB Ch. # (S)10310
This scarce bank was in existence for only nine years before liquidating in 1922. Notes from here are quite elusive and seldom seen, with Track & Price recording only three previous offerings at public sale. PMG Fine 12.
Miami, FL - $5 1902 Plain Back Fr. 598 The First NB Ch. # (S)6370
Just nine pieces make up the entire large size population of this popular Florida bank, with this newly reported example bringing the total to an even ten. This well circulated Very Good example is intact but is heavily foxed. We sold a circulated but problem free note this past January for $9,775 so this piece should realize a bit less but still a substantial amount.
Pensacola, FL - $5 1882 Date Back Fr. 537 The American NB Ch. # (S)5603
This is a very tough Florida type and denomination, with the Kelly census showing just sixteen pieces extant from all banks in the state combined. PMG Fine 12, a more than acceptable example.
Quincy, FL - $5 1902 Plain Back Fr. 598 The First NB Ch. # (S)7253
Prior to the appearance of the Sunshine State Collection in our January, 2008 sale, it had been twenty years since any note from this rare Florida community was available at public sale to collectors. That massive collection had two pieces from Quincy, a Fine Third Charter Date Back, which brought $11,500 and a Very Fine Third Charter Plain Back which realized $12,650. This example, which is recorded in the census but has not been available to collectors for a quarter century, fits right between the last two offered for grade. Bright Fine-Very Fine.
From The Norman Collection
Blakely, GA - $5 1929 Ty. 1 The First NB Ch. # 7018
A very scarce bank in both large and small size, with the census standing at just six pieces each. Evenly circulated Fine, the first Series 1929 example offered at auction (according to Track & Price) in well over four years.
Macon, GA - $5 1902 Date Back Fr. 592 The Citizens NB Ch. # (S)8990
Red Seals through Plain Backs only from this short lived Macon bank which went out in November of 1916. Just an even ten notes are reported including this Fine example that, while it has a bright appearance, has some edge roughness and splits as well as a bit of soiling.
Honolulu, HI - $5 1882 Date Back Fr. 537 The First NB of Hawaii Ch. # (P)5550
While the signatures have faded, the paper is certainly bright for the assigned grade on this evenly circulated Hawaii Territorial Date Back, a by no means common type from this bank. PMG Choice Fine 15, with the bottom margin trimmed just a bit tight.
Honolulu, HI - $5 1902 Plain Back Fr. 607 The First NB of Hawaii Ch. # 5550
An attractive example from the only affordable Territorial issuer, although the supply of large notes from here is steadily dwindling. The signatures are still bold on this pleasing Blue Seal that has been graded by PMG as Choice Fine 15.
Honolulu, HI - $5 1929 Ty. 1 Bishop First NB Ch. # 5550
This is always a popular bank and is sought after by collectors seeking to complete a state set. This example is an evenly circulated Very Good-Fine.
Honolulu, HI - $100 1929 Ty. 1 Bishop First NB Ch. # 5550
This is the key denomination to any set of Hawaii's 1929 issues. While a small hoard of high grade fifties did exist (which was broken up around 1980), hundreds have always come just one at a time. This is a nice example that will satisfy just about anyone searching for a high grade specimen for their collection. Nice Fine-Very Fine.
Ashton, ID - $5 1902 Plain Back Fr. 602 The First NB Ch. # 10269
An extremely rare bank which issued large notes only before the receiver arrived in 1928. The census of four notes known is matched by our listing of public offerings, which shows just four appearances of any kind from here over the past six decades. Fine, with a tiny inked letter on the front and one bank stamp number on the back, obtained by our consignor at our Bob Knudsen Idaho collection sale in September, 2001.
From The Sandpoint Collection
Blackfoot, ID - $10 1902 Date Back Fr. 616 The First NB Ch. # (P)7419
While small size notes from this one bank location are often available, large examples are offered considerably less frequently, with this Date Back the first large note from Blackfoot to be offered since 2002, when it was last on the market. Sharp Fine-Very Fine with bold pen signatures, and the only $10 Date Back known from the bank.
From The Sandpoint Collection
Blackfoot, ID - $5 1929 Ty. 1 The First NB Ch. # 7419
A well circulated but intact small example from this interestingly named community. About Fine.
From The Sandpoint Collection
Boise, ID - $10 1882 Brown Back Fr. 484 The First NB of Idaho Ch. # (P)1668
A very rare Idaho type, with this Brown Back one of just seventeen reported for the entire state in all denominations combined. It is also the sole Brown Back reported from this bank, which was the first to be chartered in Idaho. Interestingly, the bank elected to issue notes with only the state name in the tombstone, rather than the normal city designation. Nice Fine, with excellent color for the grade and no real problems whatever, a significant Idaho rarity which came from our Knudsen collection sale in 2001, where it realized $14,300.
From The Sandpoint Collection
Boise, ID - $50 1902 Date Back Fr. 669 The First NB of Idaho Ch. # 1668
A high grade example with great color and eye appeal. Bright Very Fine-Extremely Fine, with sharp purple signatures.
From The Sandpoint Collection
Boise, ID - $5 1929 Ty. 2 First National Bank of Idaho Ch. # 1668
A high grade Type 2 example from the Sandpoint collection. Sharp Very Fine.
From The Sandpoint Collection
Boise, ID - $50 1929 Ty. 1 First National Bank of Idaho Ch. # 1668
A lovely high denomination example from this well collected bank. Extremely Fine.
From The Sandpoint Collection
Boise, ID - $20 1882 Brown Back Fr. 498 The Boise City NB Ch. # 3471
This rare $20 Brown Back is one of only three $20 Brown Backs known from all Idaho banks combined, and the only one known from Boise. It has been off the market for the past ten years, and now comes to us from the Sandpoint collection. While well circulated, the details and pen signatures are clear, and the face appears at least a grade higher than the back. Expect some serious bidding for this significant Idaho rarity before the hammer falls tonight. Very Good.
From The Sandpoint Collection
Boise, ID - $10 1902 Plain Back Fr. 625 Boise City NB Ch. # 3471
A decent large example, although the signatures are faded. Fine-Very Fine.
From The Sandpoint Collection
Boise, ID - $100 1929 Ty. 1 Boise City NB Ch. # 3471
A very scarce denomination from this bank, with an issue of just 94 sheets. Very Fine, with a tiny rust spot at the top center.
From The Sandpoint Collection
Boise, ID - $20 1902 Date Back Fr. 644 The Idaho NB Ch. # (P)8346
This large size only issuer is one of Boise's scarcest banks, with a population of only eight examples. About Fine.
From The Sandpoint Collection
Boise, ID - $20 1902 Plain Back Fr. 654 The Pacific NB Ch. # (P)10083
A lovely example displaying extraordinary grade for a large size Idaho note. Choice Crisp Uncirculated, just a touch tight at the bottom, the finest note we know of from this bank by a huge margin and one of the very few uncirculated large notes known from any bank in Idaho.
From The Sandpoint Collection
Boise, ID - $20 1902 Plain Back Fr. 658 The Overland NB Ch. # (P)10751
This institution was Boise's shortest-lived bank, lasting only from 1915 through 1921. Just seven notes are known from this issuer, along with one uncut sheet, and examples are scarce enough so that even the Knudsen collection lacked any note from this institution. Soiled Very Good-Fine.
From The Sandpoint Collection
Bonners Ferry, ID - $10 1902 Plain Back Fr. 631 The First NB Ch. # (P)10727
This is a very rare bank in large size, with just four notes reported to date. The Sandpoint collection example is new to the census, and offered here to collectors for the first time. It appears Fine at first glance, but there are a few significant flaws, such as a long split on the left side and more than a few pinholes and small body splits. Although hardly perfect, rarity should carry this piece to a realization in the range of...
From The Sandpoint Collection
Bonners Ferry, ID - $10 1929 Ty. 1 The First NB Ch. # 10727
An always in demand small note, which, while not rare, is never available in the numbers collectors desire. Very Fine.
From The Sandpoint Collection
Burley, ID - $5 1929 Ty. 2 The Cassia NB Ch. # 12256
Although chartered in 1922, this bank elected to issue Series 1929 Type 2 examples only. Just eight notes are listed in the census, with no offerings whatever since we sold three pieces from this bank in the Knudsen sale in 2001. Fine-Very Fine, with a bit of soil on the reverse.
From The Sandpoint Collection
Caldwell, ID - $10 1902 Plain Back Fr. 628 The First NB Ch. # 4690
A lovely note which is new to the census. It is easily the finest large note known from this bank, and by a huge margin at that, as the nicest example previously reported graded no higher than Extremely Fine. Bright Choice Crisp Uncirculated, with two color signatures, a premium large Idaho note worthy of the finest of collections.
From The Sandpoint Collection
Caldwell, ID - $10 1929 Ty. 2 The First NB Ch. # 4690
A much scarcer type and denomination from this bank. Nice Fine-Very Fine.
From The Sandpoint Collection
Caldwell, ID - $20 1929 Ty. 1 The First NB Ch. # 4690
A high end series 1929 example which makes a perfect companion to the beautiful large note from Caldwell offered above. PCGS About New 50PPQ.
From The Sandpoint Collection
Caldwell, ID - $10 1902 Date Back Fr. 617 The Western NB Ch. # (P)8225
A tough Caldwell bank which issued large notes only. Very Good-Fine.
From The Sandpoint Collection
Caldwell, ID - $5 1902 Date Back Fr. 592 The American NB Ch. # (P)9333
One note makes up the entire census from this institution, which was one of Idaho's shortest lived banks, lasting only from 1909 through 1913. That note is listed in the census without a serial number, indicating it has never been offered at public sale or was offered so long ago no serial number record exists. Our records, however, fail to disclose any offerings from this charter number at public sale during the past sixty years. This piece, which is new to the census and one of the highlights of the Sandpoint collection, offers collectors the chance they have been denied for decades. Pen signed Fine, a significant Idaho rarity likely to realize...
From The Sandpoint Collection
Challis, ID - $10 1902 Date Back Fr. 618 The First NB Ch. # (P)9477
An extraordinary new discovery that is one of the highlight items in the Sandpoint collection holdings. This is truly a miracle of survival, with the bank, the only one in this obscure Custer County settlement, lasting less than eight years and issuing a total of 832 sheets of Date Backs, an average of a mere 204 sheets per year. This bank is unreported, and its appearance here is of course the first time collectors have had the opportunity to add a note from this town to their holdings. Any estimate is a mere guess when the item is both desirable and unique, but it would not surprise us at all to see our estimate surpassed early in the bidding tonight. Pen signed Fine+, with a miniscule rust spot in the lower left margin mentioned solely for complete accuracy in cataloguing.
From The Sandpoint Collection
Coeur D'Alene, ID - $5 1929 Ty. 1 First NB Ch. # 13288
This was Coeur D'Alene's sole issuer of Series 1929 examples. Well circulated but intact Very Good.
From The Sandpoint Collection
Coeur D'Alene, ID - $20 1929 Ty. 1 First NB Ch. # 13288
An attractive note from this much in demand location. Pleasing Fine-Very Fine.
From The Sandpoint Collection
Cottonwood, ID - $10 1902 Plain Back Fr. 625 The First NB Ch. # 7923
A very rare bank in large size, with this the first large note from Cottonwood to appear at public sale since 2002. This is that very note, which has been in the Sandpoint holdings since its 2002 auction appearance, where it realized $6325. Nice Fine, likely to see bidding reach or exceed its previous level in this sale.
From The Sandpoint Collection
Cottonwood, ID - $10 1929 Ty. 1 The First NB Ch. # 7923
A very scarce small size note from the only bank to issue here. We sold this piece last year, when it realized $2990, and see no reason why it will not bring about the same figure today. Nice Fine-Very Fine.
From The Sandpoint Collection
Emmett, ID - $20 1902 Date Back Fr. 642 The First NB Ch. # (P)6145
A great note from this excessively rare Gem County bank. It is one of three examples known from this obscure location, and its offering here as part of the Sandpoint collection marks only the second time that collectors have had the opportunity to obtain any example from Emmett at public sale during the past six decades. The fabled Knudsen holdings contained a pair of Emmett notes, both of which promptly disappeared from the market the moment they were sold and have never surfaced again. Expect some serious bidding before the hammer falls on this third and possibly last example to come up for many years. Fine.
From The Sandpoint Collection
Gooding, ID - $5 1902 Plain Back Fr. 600 The First NB Ch. # 9371
Seven notes, all large, are reported from this bank, which was Gooding's only issuer. This piece comes from the Knudsen collection sale. Fine-Very Fine.
From The Sandpoint Collection
Grangeville, ID - $20 1902 Plain Back Fr. 650 The First NB Ch. # (P)6927
A nice pen signed example from this old gold mining community which is one of just eight large notes extant from here. Sharp Fine-Very Fine.
From The Sandpoint Collection
Grangeville, ID - $10 1929 Ty. 2 The First NB Ch. # 6927
This solid Very Fine note is one of just three of the Type 2 $10 denomination notes traced from this elusive issuer. We've handled it three times before, first in our 2001 Greater Cincinnati Numismatic Exposition auction, where it realized $1,045, then in our 2004 Florida United Numismatists sale, where it sold for $1,725, and last in our January, 2007 FUN sale, where it realized $2760. It's every bit as scarce now as it was then and will likely realize about what it did nearly two years ago.
From The Sandpoint Collection
Hailey, ID - $20 1929 Ty. 1 The Hailey NB Ch. # 9145
A rare note which may well be the finest Series 1929 example extant from this well collected Blaine County community. PCGS has graded this note Choice About Uncirculated 55PPQ, a high grade indeed for a small town Idaho note.
From The Sandpoint Collection
Idaho Falls, ID - $5 1902 Plain Back Fr. 598 American NB Ch. # 6982
A beautiful note we last handled as part of the Knudsen holdings, where we described it as follows,
"This is a very common bank in small size, but one which is very scarce in large. This piece is simply extraordinary, with crackling fresh white paper, two color pen signatures, and the appearance of a new note at first glance. It's easily the finest known large note from this bank, and one of the nicest notes in this entire collection. Extremely Fine+++." It's still every bit as attractive as we remember it, and is one of the nicest notes in the Sandpoint collection as well.
From The Sandpoint Collection
Idaho Falls, ID - $10 1902 Red Seal Fr. 613 American NB Ch. # (P)6982
Although Series 1929 examples are readily available from this bank, large notes are quite scarce, with the census standing at just six pieces. This Red Seal is new to that listing, and becomes the only Red Seal known from Idaho Falls. There is a bit of soil on the left side, but the red overprint is exceptionally bright and the two color pen signatures are easily readable, easily supporting a grade of Fine+++. Only seventeen Red Seals are known from all banks in Idaho combined, with offerings few and very far between. This note should get bombarded with some very spirited bidding, ending in the vicinity of...
From The Sandpoint Collection
Idaho Falls, ID - $10 1929 Ty. 1 American NB Ch. # 6982
One of the more available Idaho banks in small size. About Fine.
Idaho Falls, ID - $20 1929 Ty. 1 American NB Ch. # 6982
A nice grade small example to complement the two outstanding large notes above. Very Fine.
From The Sandpoint Collection
Idaho Falls, ID - $10 1902 Plain Back Fr. 632 The Idaho Falls NB Ch. # 11278
This was the less successful Idaho Falls bank, failing in 1927 after less than nine years of operation. The Knudsen collection had six examples from here, including this attractive Very Fine note, which boasts a purple Vice Presidential signature. Since the 2001 Knudsen sale, there have only been two auction offerings of any kind from here.
From The Sandpoint Collection
Jerome, ID - $10 1902 Plain Back Fr. 627 The First NB Ch. # 9680
A very scarce note from a bank which issued large size only. This is the finest example in the census, and has been off the market for many years. Bright Very Fine+, with the sea green signatures more than offsetting the close bottom margin.
From The Sandpoint Collection
Kellogg, ID - $20 1902 Plain Back Fr. 652 The First NB Ch. # (P)9566
An exceptionally rare note from a tiny Shoshone County town. It's one of only two large examples extant from this community's only bank, which had a miniscule $390 in large size outstanding by 1935. We sold the only other large example known from here back in 2004, and it is now ensconced in a major Idaho holding, where it is not likely to see the light of day for many years. This piece was obtained by our consignor in 2006, when it realized $10,925 in that year's Memphis sale. We see no reason it should bring one penny less tonight. Fine.
From The Sandpoint Collection
Lewiston, ID - $50 1902 Date Back Fr. 667 The First NB Ch. # 2972
The bold signatures of Hawkinson and Clarke are complementary to the white paper on this high denomination example. A bright blue overprint also adds to the eye appeal. Very Fine.
From The Sandpoint Collection
Lewiston, ID - $100 1929 Ty. 1 The First NB Ch. # 2972
A better type and denomination from here, with only 84 sheets of Type 1 hundreds issued. Pleasing Very Fine+.
From The Sandpoint Collection
Lewiston, ID - $20 1902 Plain Back Fr. 650 The Lewiston NB Ch. # (P)3023
A high grade example which is likely the finest large note known from this better Lewiston bank. Bright About Uncirculated, with great color and eye appeal.
From The Sandpoint Collection
Lewiston, ID - $20 1929 Ty. 1 The Lewiston NB Ch. # 3023
Fine, with most of the wear on the right side of the note.
From The Sandpoint Collection
Lewiston, ID - $10 1902 Plain Back Fr. 633 The American NB Ch. # (P)11745
A very rare note from one of Lewiston's shortest lived banks, which operated for less than five years between 1920 and 1925. Just four notes are known, with examples from this institution missing even from the Knudsen holdings. Very Good-Fine, a note which realized $3220 when it was obtained by our consignor back in 2006.
From The Sandpoint Collection
Lewiston, ID - $5 1929 Ty. 2 Lewiston NB Ch. # 13819
A decent example from this none too common Lewiston bank. Fine-Very Fine.
From The Sandpoint Collection
Malad City, ID - $5 1902 Plain Back Fr. 600 The First NB Ch. # (P)8822
Small notes from here are relatively available, but large examples are another matter entirely. Only nine are listed in the census, with this an attractive and problem free specimen. Very Fine.
From The Sandpoint Collection
Malad City, ID - $10 1929 Ty. 1 The First NB Ch. # 8822
A pleasing small size example ensconced in a PCGS Extremely Fine 40 holder, making it a perfect match for the large note offered above.
From The Sandpoint Collection
Meridian, ID - $10 1902 Plain Back Fr. 628 The First NB Ch. # (P)10221
An extremely rare bank which issued large notes only. The census stands at just three pieces, one of which is offered here. All are in about the same condition, and all have appeared on the market during the past ten years, as even veteran collectors such as Bob Knudsen never had the opportunity to own a note from this one bank community. Pen signed Fine, a great note which is rare enough to see bids reach or exceed...
From The Sandpoint Collection
Moscow, ID - $20 1902 Plain Back Fr. 651 The First NB Ch. # (P)3408
This bank presents an interesting situation, as notes from here are prohibitively rare in large size while relatively easily obtained in small. The census shows just three large examples extant, with this the finest known and the only $20. It is an attractive piece, grading a conservative Fine-Very Fine, with clear black signatures and plenty of eye appeal for the grade. This is the Knudsen collection specimen, which was also the last large note to be offered. Expect bidding to quickly exceed the $3300 the note realized back in 2001.
From The Sandpoint Collection
Moscow, ID - $10 1929 Ty. 1 The First NB Ch. # 3408
A decent Series 1929 example from the only collectible bank in this university town. Fine-Very Fine.
From The Sandpoint Collection
Mountainhome, ID - $20 1902 Date Back Fr. 642 The First NB Ch. # (P)6521
A very scarce note from the only bank here to issue. The census stands at just six examples, with this note among that number. It's the only Date Back known and the only note from Mountainhome to be auctioned since we sold a number 1 Red Seal from here in the Knudsen sale. Evenly circulated Fine, with no problems other than honest circulation.
From The Sandpoint Collection
Nampa, ID - $20 1902 Plain Back Fr. 652 The First NB Ch. # (P)8370
This small Canyon County town had three issuing banks, all of which lasted for only a few years before going under. This institution went out in 1923, leaving just five examples for the census. This piece traces its pedigree to the Knudsen collection. Very Good.
From The Sandpoint Collection
Nampa, ID - $10 1902 Date Back Fr. 623 The Citizens NB Ch. # (P)10693
Nampa's first bank, which lasted from 1906 through 1923 was a paragon of stability compared to the town's two other issuers. This bank, which was chartered in early 1915, lasted less than two years before closing its doors forever in December of 1916. Just two notes are known, with the other lacking a grade in the census. Even the massive Knudsen collection lacked an example from this bank. Very Good-Fine, rare enough to see bidding reach or exceed...
From The Sandpoint Collection
Nampa, ID - $10 1902 Plain Back Fr. 632 The Farmers & Merchants NB Ch. # (P)10916
This bank lasted less than three years before closing its doors for the last time in March of 1920. Six notes are known, with this piece one of that number. When we sold it as part of the Knudsen collection we remarked "We like this example, which has one green and one purple signature." We still do. Very Fine.
From The Sandpoint Collection
Parma, ID - $5 1902 Plain Back Fr. 606 The First NB Ch. # 11496
A well circulated but intact large note from Parma's only issuer. Very Good.
From The Sandpoint Collection
Parma, ID - $5 1929 Ty. 1 The First NB Ch. # 11496
A considerably nicer small example from Parma's sole issuer. Pleasing Fine-Very Fine.
From The Sandpoint Collection
Payette, ID - $10 1882 Date Back Fr. 545 The First NB Ch. # (P)5906
A very scarce type for the state of Idaho as just eight Second Charter Date Backs of all denominations are listed in the latest Kelly census. This new discovery raises that number to a grand total of nine. It is an evenly circulated and problem free piece for the grade with a neat pen signature of the acting cashier. Fine++, an attractive note which should realize in the range of...
Payette, ID - $10 1882 Value Back Fr. 577 The First NB Ch. # (P)5906
An extraordinary note, as the number of Value Backs known from the entire state can be counted on the fingers of one hand plus one finger from the other hand. Even better, this example is attractive as well, combining acceptable margins with bright paper and sharp two color signatures. If rarity and desirability are any guide, expect this Very Fine specimen to easily reach and very likely exceed...
From The Sandpoint Collection
Payette, ID - $5 1902 Plain Back Fr. 598 The Payette NB Ch. # (P)8075
An evenly circulated example from Payette's second bank. Only seven notes are reported from this issuer, which went out in 1922. Very Good-Fine.
From The Sandpoint Collection
Preston, ID - $10 1902 Plain Back Fr. 624 The First NB Ch. # (P)7526
A just plain rare note from Preston's only issuer. Problem free Fine+, ex-Knudsen collection sale, lot 7365, and the last large note to be offered from here at public sale.
From The Sandpoint Collection
Rexburg, ID - $10-$10-$10-$20 1902 Date Back Fr. 616/642 The First NB Ch. # (P)7133 Uncut Sheet
An extraordinarily rare item which is one of only three large size uncut sheets known from Idaho. One of the others is also from Rexburg, and the last from Boise. The Boise sheet has never been offered at public sale, and the other Rexburg sheet has not been seen since we sold it as part of the Knudsen collection back in 2001. Each of the notes here is uncirculated, but there are folds between the notes, making it necessary to grade the sheet (which is identical in grade to the Knudsen sheet) About Uncirculated. If rarity, beauty and desirability are any guide, look for bidding to easily reach or exceed...
From The Sandpoint Collection
Rupert, ID - $20 1902 Plain Back Fr. 656 The First NB Ch. # (P)10429
Idaho notes do not get much rarer than this example, which comes from a bank which has left only two survivors, this note and another whose grade is unknown and which has not been on the market in more than thirty years. This piece is an old friend of ours, as we sold it to Bob Knudsen almost twenty five years ago and then auctioned it for him back in 2001. It comes from a bank which lasted less than ten years before the receiver closed it in 1923. As we noted in that sale, "If you appreciate the ultimate in rarity, and have the resources to back up your desire, this is a note you will treasure for many years to come." Fine, with vivid sea-green signatures.
From The Sandpoint Collection
Rupert, ID - $10 1902 Plain Back Fr. 631 The Rupert NB Ch. # (P)10517
For reasons unknown at this time, the citizens of Rupert organized a second national bank the year after the First NB received its charter. Like its older sibling, this bank collapsed during the agricultural depression of the 1920's, and, like its older sibling, two notes have survived from this institution as well. Both are approximately the same grade, and neither has ever been available to collectors at public sale. The note is a well circulated but quite intact Very Good-Fine, and its pen signatures are still clear and vibrant. Any estimate for this excessively rare National is but a guess, but rarity seems to compel a price in the vicinity of...
From The Sandpoint Collection
St. Anthony, ID - $10 1882 Value Back Fr. 577 The First NB Ch. # (P)5764
This is an exceptionally rare type from Idaho, with examples known from only two banks, Payette and St. Anthony. St. Anthony is considerably the rarer, with the census showing just two Value Backs reported. This piece is not only new to the census, it is head and shoulders the finest Value Back known from the state, grading a barely circulated Extremely Fine-About Uncirculated. While the bottom margin is trimmed into the design, that is the sole detriment here, as the colors and signatures are unimprovable. Expect a realization in the vicinity of...
From The Sandpoint Collection
Saint Anthony, ID - $10 1929 Ty. 1 The Commercial NB Ch. # 7230
A high grade Series 1929 example from a very scarce bank. Sharp Very Fine+++, one of the nicest small notes reported from here to date.
From The Sandpoint Collection
Saint Maries, ID - $10 1902 Plain Back Fr. 632 The First NB Ch. # (P)10771
A very scarce large note from the only bank in tiny Benewah County. Just seven large (along with one small) examples are known, with the last two offerings coming last year, when a nice Very Fine specimen realized $7475 and a less than nice Very Good example fetched a correspondingly lower $2185. Look for this piece, which is far closer in grade to the finer of the pair mentioned above to reach somewhere far nearer the Very Fine than the Very Good price. Pleasing Fine-Very Fine.
From The Sandpoint Collection
Salmon, ID - $20 1902 Date Back Fr. 643 The First NB Ch. # (P)8080
An excessively rare bank which was only in business from 1906 until 1911, issuing Red Seals and Date Backs only. The census reveals the existence of two Red Seals, neither of which has been offered at public sale, with one an illustration in the Hessler reference. This lovely piece is new to the census, and represents the only opportunity collectors have ever had to obtain a note from this bank at auction. Fortunately, it is as lovely as it is rare, with its only flaw a small area of discoloration on the reverse. Pen signed Very Fine-Extremely Fine, a great note worthy of the finest of collections.
From The Sandpoint Collection
Salmon, ID - $5 1902 Plain Back Fr. 600 The Citizens NB Ch. # 9432
Idaho has always been a state where the available supply of notes never seems to be quite adequate to satisfy the demands of the collecting fraternity. The signatures are gone on this well circulated but surprisingly intact Very Good example.
Salmon, ID - $10 1902 Plain Back Fr. 626 The Citizens NB Ch. # 9432
An evenly circulated example from Salmon's other, and far more available issuer. While large notes from here are not terribly rare, Track & Price indicates that none have been available at public sale since an auction appearance more than five years ago. Fine, the signatures faded, ex-Knudsen collection.
From The Sandpoint Collection
Salmon, ID - $10 1929 Ty. 1 The Citizens NB Ch. # 9432
A more than acceptable small example with plenty of eye appeal for the grade. Pleasing Fine-Very Fine.
From The Sandpoint Collection
Sandpoint, ID - $10 1902 Date Back Fr. 618 The First NB Ch. # (P)8341
One of the great notes of the Sandpoint collection, with just three large examples in the census and no offerings of any large notes from this bank (save for this example) in over twenty years. Fine-Very Fine, with green signatures, a note that will surely see some spirited bidding before the hammer drops.
From The Sandpoint Collection
Sandpoint, ID - $10 1929 Ty. 1 The First NB Ch. # 8341
While hardly as rare as large notes from this bank, Series 1929 examples are not at all common, with the census standing at just six pieces. Pleasing Fine-Very Fine.
From The Sandpoint Collection
Sandpoint, ID - $10 1929 Ty. 1 The Bonner County NB Ch. # 9263
Although the statistics in small size are roughly equivalent with Sandpoint's other issuer, large notes are unknown from this bank, making Series 1929 examples extremely difficult to obtain, as collectors have no alternative to owning a small note to cover the bank. We note no offerings of any kind from this institution since we sold the Knudsen collection specimen in September of 2001. Now we are fortunate enough to have two examples to offer, a Type 1 which has been off the market since we sold it ten years ago and a Type 2 as part of the Sandpoint collection. Bright Very Fine+.
Sandpoint, ID - $10 1929 Ty. 2 The Bonner County NB Ch. # 9263
This Type 2 example comes from the Sandpoint collection and is new to the census, making it only the second Type 2 note reported from here. Fine-Very Fine, with the overprint just a bit lighter than it ought to be.
From The Sandpoint Collection
Shelley, ID - $5 1902 Plain Back Fr. 606 The First NB Ch. # (P)11434
This is a new to the census example from this one bank community, raising the total of known notes from here to all of three. The bank was in business for less than six years, and we know of only two offerings of any kind from here, one in 1982 and one (of the same note) when we sold the Knudsen collection in 2001. In a somewhat depressed market, the Knudsen piece realized a strong $6600. Expect this example, which grades Very Fine with purple signatures, to do considerably better, likely winding up in the range of...
From The Sandpoint Collection
Shoshone, ID - $20 1902 Plain Back Fr. 650 The First NB Ch. # (P)6577
This was the first of two banks chartered in this small Lincoln County community. Unlike its later chartered rival, which lasted through the note issuing period, this institution issued large notes only before bowing out in 1928. It is by far the scarcer of the two banks, with the census standing at just three pieces, one of which is listed without a grade. Track and Price has recorded just two offerings, the last coming when we sold this note to our consignor as part of the Bob Knudsen collection back in 2001. Very Fine, a significant Idaho rarity.
From The Sandpoint Collection
Shoshone, ID - $10 1902 Plain Back Fr. 626 The Lincoln County NB Ch. # 9272
This is one of five large notes recorded in the census from this bank, which was Shoshone's only other issuer. It's a decent circulated example, with the Cashier's signature quite visible and the President's faded. Fine or a bit better.
From The Sandpoint Collection
Shoshone, ID - $20 1929 Ty. 1 The Lincoln County NB Ch. # 9272
An attractive Series 1929 example which is both new to the census and right up there with the finest small notes known from this none too common bank. Sharp Very Fine.
From The Sandpoint Collection
Shoshone, ID - $20 1929 Ty. 1 The Lincoln County NB Ch. # 9272
This pleasing low serial number 12 example carries a popular Native American town name. A few pinholes and margin nicks do little to distract. A mere seven small size are listed in the census including this Very Good example.
Twin Falls, ID - $20 1902 Plain Back Fr. 650 The First NB Ch. # 7608
This is one of only four examples known from this bank, which issued large notes only and is by far the scarcer of Twin Falls' two issuers. It was one of two notes from this institution offered in the Knudsen collection sale, and by far the nicer of the pair, realizing $2200 in a much slower and less sophisticated market. Very Fine, likely to bring a multiple of its 2001 sale price.
From The Sandpoint Collection
Twin Falls, ID - $5 1902 Plain Back Fr. 606 The Twin Falls NB Ch. # 11274
Large notes from this institution are hardly common, with this piece one of just four listed in the census. It's a well circulated and somewhat soiled Very Good, hardly a thing of beauty, but scarce enough to see bids reach or exceed...
From The Sandpoint Collection
Twin Falls, ID - $10 1929 Ty. 1 The Twin Falls NB Ch. # 11274
Six pieces are listed in the census in small size, with this example perfectly complementing the large note offered above from here. Very Good.
From The Sandpoint Collection
Wallace, ID - $20 1902 Plain Back Fr. 654 The First NB Ch. # 4773
A pleasing example from the only collectible Wallace bank, as the other issuer here is unreported. While common by Idaho standards, with eleven large notes known, Track & Price reports no offerings of any large example since we sold the Knudsen holdings in 2001. Pleasing Fine-Very Fine, with purple signatures.
From The Sandpoint Collection
Wallace, ID - $20 1929 Ty. 2 The First NB Ch. # 4773
A handsome note bearing serial number A000003 encased in a PCGS Very Fine 25 holder.
From The Sandpoint Collection
Weiser, ID - $5 1902 Plain Back Fr. 598 The First NB Ch. # (P)6754
Large notes only from this bank, which liquidated in 1923. Fewer than a dozen examples are reported, with this exceptional specimen coming via the Knudsen holdings. It is head and shoulders the finest we know of from here, exhibiting vivid colors, bright white paper, and lovely purple signatures. We can guarantee that the underbidder on this delightful piece will be sadder, but no Weiser. Extremely Fine+, one of the very nicest notes we've seen from Idaho.
From The Sandpoint Collection
Albion, IL - $10 1929 Ty. 1 The Albion NB Ch. # 9025
By far the scarcer of Albion's two banks, with only three small examples recorded from here to date in the Kelly census. This is a new addition to that paltry amount and is the first small size to be offered publicly in over 10 years. A bright Extremely Fine-About Uncirculated, there is a small spot of residue near the portrait which hardly detracts from the rarity and desirability of this wonderful note.
Atwood, IL - $20 1929 Ty. 1 The First NB Ch. # 6359
A very scarce note from the only bank chartered in this small community. Only Type Ones were issued in small size, with just a literal handful recorded in the Kelly census. Nice Fine-Very Fine.
Barry, IL - $20 1882 Value Back Fr. 581 The First NB Ch. # (M)5771
These earlier types show up so infrequently that if they fall within your collecting area, you may want to think twice about acquiring them before passing. This note can easily go into an Illinois or First Name collection. The signatures of officers O. Williamson and T.A. Retallic are still very strong. Bright Fine-Very Fine, with more evidence of circulation on the back.
Benld, IL - $20 1929 Ty. 2 The NB of Benld Ch. # 7728 Uncut Sheet
This is a crackling fresh serial #1 sheet that possesses plenty of embossing, dark inks, and white paper. We cannot find any record of this sheet ever being offered at public auction before and in fact there are far fewer small size sheets known on Illinois than you would imagine. It is the only uncut sheet in the census for this charter number, large or small. There is a bit of handling, which is hardly unusual for these oversize items, but the sheet easily makes the full Crisp Uncirculated grade.
Brownstown, IL - $20 1929 Ty. 2 The First NB Ch. # 10397
A very scarce note from the only issuer in this Fayette County community. This is the sole Type 2 $20 reported, little surprise with an issue of only 145 pieces. We've sold two of the three other Series 1929 examples known from here between 1999 and 2005, with each sale in the range between $1870 and $2050. Expect this example to realize somewhere in the same vicinity. Fine.
Carrollton, IL - $5 1875 Fr. 404 The Greene County NB Ch. # 2390
A lovely 1875 $5 First Charter, this bearing low serial number 2. It is difficult to determine what caused PMG to not award this colorful example a Choice CU grade as it has everything going for it. Certainly, it has great signatures, bold inks, and superb paper. PMG Choice About Unc 58 EPQ.
Carrollton, IL - $5 1882 Value Back Fr. 574 The Greene County NB Ch. # (M)2390
This is a rare and undervalued type, and one which is almost never found in this state of preservation. As we have repeatedly pointed out, the Green Sheet is clueless regarding the relative rarity of $5 and $10 Value Backs, and persists in listing the $10 denomination at a 20-40 percent premium despite ample evidence that $5 Value Backs are far scarcer, especially in the higher grade ranges. For serious players who demand the finest available, throw away the Sheet, hold up your hand, and buy this note. PCGS Gem New 66PPQ.
Carthage, IL - $10 1902 Red Seal Fr. 613 The Hancock County NB Ch. # (M)1167
We last handled this attractive Red Seal when we sold it as part of the Lynn Shaw holdings in September of 2000. At the time, this was the only Red Seal known on this western Illinois location. A second example has since turned up but this is still by far the better of the two. Very Fine.
Champaign, IL - $10 1929 Ty. 1 The Champaign NB Ch. # 2829
Another opportunity for the many avid collectors of this locale. This bright, well embossed Very Fine example just has a bit too much circulation for a higher grade.
Chicago, IL - $5 1902 Red Seal Fr. 587 The First NB Ch. # (M)2670
The pen signatures are still strong on this Fine Red Seal from a Windy City bank. Even circulation is noticed on the face but there is some light wallet soiling on the back. This bank was the recharter in 1882 of charter number 8.
Chicago, IL - $5 1902 Red Seal Fr. 587 The First NB Ch. # (M)2670
Another example of a circulated Red Seal from the successor bank to charter number 8. This one has a bit more wear. Very Good.
Chicago, IL - $20 1902 Red Seal Fr. 639 The First NB Ch. # (M)2670
A high grade and wonderfully embossed Red Seal from the recharter of Chicago's charter number 8. This pen signed beauty exudes the old time quality that is difficult to find in today's market. Just some light handling and a hint of a fold hold this gorgeous note back from at least a Choice CU grade. PMG About Uncirculated 55 EPQ.
Chicago, IL - $5-$5-$5-$5 1902 Date Back Fr. 592 The Live Stock Exchange NB Ch. # (M)9010 Uncut Sheet
This is a true rarity as this is one of only two 1902 Date Back sheets enumerated for Illinois. This sheet has the added workmen initials printed along the face top and bottom margins and along the back top margin with a workman's black ink thumb print also being present. This sheet is bright and attractive with about half of its folds between the notes or in the selvage. Extremely Fine.
Chicago, IL - $100 1929 Ty. 2 The Live Stock NB Ch. # 13674
We have always maintained that Type 2 fifties and especially hundreds were rare in high grade and grading service statistics bear that out entirely. More than three years after PMG began grading notes, they have certified only three Type 2 hundreds, this note and two others, none of which grades higher than About Uncirculated. The Track and Price census shows just one Type 2 hundred from this bank which might be higher grade, but, considering the source, our money is on this piece being the finest known of this rare denomination from here. PMG About Uncirculated 55.
Chicago, IL - $5 1929 Ty. 2 The Mid-City NB Ch. # 13684 Uncut Strip of Four
A patron of this bank must have taken $20 in uncut form when he left the teller's cage and promptly folded it up. Very Fine.
Danville, IL - $100 1902 Plain Back Fr. 702 The Palmer NB Ch. # 4731
A nice high denomination example which is perfect for type. PMG Choice Very Fine 35 EPQ.
Delavan, IL - $5-$5 1902 Plain Back Fr. 600 The Tazewell County NB Ch. # 3781 Uncut Pair
This is the only uncut item on this bank. It has neatly printed signatures and embossed charter numbers. There is a fold between the notes and a couple of counting crinkles. About Uncirculated.
Dixon, IL - $50 1929 Ty. 1 The Dixon NB Ch. # 1881
High denominations only in small size from this none too common bank. This is a nice one. Bright Fine-Very Fine, a lot closer to the higher grade than the lower.
East Peoria, IL - $5 1902 Red Seal Fr. 587 First NB Ch. # (M)6724
From a scarce Tazewell County bank, this is the only Red Seal reported in the census of about 20 large size examples. PMG Fine 12.
Galena, IL - $10 1902 Date Back Fr. 616 The Merchants NB Ch. # (M)979
A high grade Date Back with bright blue pen signatures. Sharp Extremely Fine-About Uncirculated.
Galena, IL - $10 1902 Plain Back Fr. 624 The Merchants NB Ch. # 979
Another lovely Galena note, this lacking the regional letter. Bright Extremely Fine-About Uncirculated, and boasting two color pen signatures.
Galena, IL - $20 1902 Date Back Fr. 644 The Merchants NB Ch. # (M)979
A pen signed example which is the sole $20 Date Back in the census. Fine.
Galena, IL - $10 1929 Ty. 1 The Merchants NB Ch. # 979
While large size notes from this bank are often available (especially those from a hoard of Series 1875 $5 examples), Series 1929 specimens are another matter entirely, with the census standing at just three pieces, the last of which we sold for almost $1100 a year ago. This note is new to the census, and becomes only the second $10 example known from the bank. Fine-Very Fine.
Galena, IL - $10 1902 Plain Back Fr. 624 The Galena NB Ch. # 3279
A much scarcer Galena bank, with a meager eight large examples listed in the census. This note is fully equal to the specimen we sold last year from this bank which realized $1092.50. Pen signed Very Fine+.
Galena, IL - $20 1929 Ty. 1 The Galena NB Ch. # 3279
Even scarcer in small size than large, with this the nicest of the five Series 1929 examples listed in the census. Pleasing Very Fine-Extremely Fine, a perfect match to the large note from here offered above.
Georgetown, IL - $20 1882 Brown Back Fr. 504 The First NB Ch. # (M)5285
An excessively rare Vermilion County bank, with just five large size listed in the Kelly census. That miniscule total includes this pen signed $20 Brown Back that faces up quite nicely. A bright Fine, it does have a few nicks in the top margin and numerous pinholes. However, its rarity and desirability more than offset those minor flaws.
Grayville, IL - $20 1929 Ty. 1 The First NB Ch. # 4999
This White County bank fell to the receiver on the 1st of November in 1933 and only issued Type Ones in small size. This bright Fine-Very Fine $20 is a seldom offered note from a well collected location.
Greenville, IL - $20 1902 Date Back Fr. 645 The Bradford NB Ch. # (M)9734
A more than decent example from this private name bank, with the signature of John S. Bradford as President. Bright Fine-Very Fine, but with some light staining around the portrait.
Hamilton, IL - $5 1902 Plain Back Fr. 601 The First NB Ch. # 9883
This lovely example is from the sole bank in this Hancock County community to issue. Pen signed Very Fine-Extremely Fine, and closer to the higher grade than the lower.
Kankakee, IL - $10 1882 Brown Back Fr. 484 The City NB Ch. # (M)4342
A pleasing mid-grade Brown Back that retains dark stamped signatures and is just one of two notes of this type and denomination reported on this bank located just south of Chicago. The colors are bright and the note is problem free for the grade. PCGS Fine 15PPQ.
LaSalle, IL - $10 1882 Value Back Fr. 577 The LaSalle NB Ch. # (M)2503
A hugely embossed and well margined Value Back with great color and eye appeal which easily earned its PMG Gem Uncirculated 65 EPQ designation. This is a perfect type example which will please the most discriminating of collectors.
Libertyville, IL - $10 1929 Ty. 1 The First Lake County NB Ch. # 6514
The census for this, the second title for this charter, is a mere four serial numbers. This embossed Very Fine-Extremely Fine note is much closer to the high end of the split grade and it also carries the best grade of the notes reported. In 2005, we sold a Type 1 $10 in Fine on this title which realized $1380. This note could easily exceed that amount.
Lincoln, IL - $1 Original Fr. 382 The First NB Ch. # 2126
A lovely example with blazing colors and wonderful eye appeal. Were it not for a tight margin at the upper left, this note most certainly would have attained the Gem designation. PMG Choice Uncirculated 64 EPQ.
Lincoln, IL - $20 1902 Plain Back Fr. 651 The Lincoln NB Ch. # 3369
This recent find becomes the first $20 Plain Back recorded on this Logan County bank. The printed signatures of W.P. and P.E. Kuhl are present on this snappy $20. The face is a little brighter than the back and the edges are above average for the grade. Very Good+.
Monticello, IL - $10 1882 Brown Back Fr. 485 The First NB Ch. # (M)4826
A wonderful $10 Brown Back from the only large size issuer in this small town. This beauty displays great colors, bright paper, bold pen signatures, and has more than adequate margins. It is the perfect note to represent this bank in any collection. PMG Choice Uncirculated 64.
Monticello, IL - $20 1882 Brown Back Fr. 499 The First NB Ch. # (M)4826
A beautiful $20 Brown Back to go with the $10 offered above. The same laudatory adjectives apply - dark pen signatures, deep embossing, great color and quite adequate margins. PCGS Choice New 63PPQ.
Mount Carmel, IL - $10 1882 Value Back Fr. 577 The American NB Ch. # (M)5782
There was previously only one Value Back in the census from this bank. Now there are two, with the current note being the only $10. This is an evenly circulated Fine with nice signatures that include a black ink penned signature of the cashier and a purple rubber stamped version of the president's. In January 2003 we sold the only $20 Value Back in Fine-VF for $1380.
Mount Vernon, IL - $10 1902 Plain Back Fr. 632 The Ham NB Ch. # 5057
A popular title from this Jefferson County locale. The purple signatures are still quite legible through the PMG holder. Choice Fine 15.
Mount Vernon, IL - $10 1882 Brown Back Fr. 490 The Third NB Ch. # 5689
This newly discovered serial number 1 Brown Back represents the only such note of any type or denomination from this small southern Illinois community. Fortunately for collectors, it is a striking example, with full originality, sharp pen signatures, a vivid overprint, and an exceptionally bright deep chocolate color, which is especially noticeable on the reverse. There are three folds, which clearly were inflicted by storage over the years, but it is highly unlikely this "A" position Brown Back ever circulated longer than the few moments it took to clip it from the sheet and present it to the bank officer who retained it. Extremely Fine, a beautiful piece which is certain to delight its fortunate new owner.
Mount Vernon, IL - $10 1902 Plain Back Fr. 633 The Third NB Ch. # 5689
This attractive note comes from the considerably scarcer of the two Mount Vernon banks which issued Third Charter examples. The paper is bright and crisp and the purple stamped signatures are still quite visible. Aside from some moderate circulation, the only flaw noticed is a tight top right margin. Very Fine-Extremely Fine.
Oakford, IL - $10 1902 Red Seal Fr. 614 The First NB Ch. # (M)8256
This attractive Serial Number One Red Seal is from a known 10-10-10-20 cut sheet. Interestingly, this plate position B note was the only piece to survive without sheet folds or handling and remains the only note from the sheet in fully uncirculated condition. Though the top margin is cut tight, the bright overprint and carefully penned officers' signatures provide aesthetic appeal. PMG Choice Uncirculated 63.
Peoria, IL - $100 1902 Plain Back Fr. 704 The Commercial NB Ch. # (M)3296
From a Peoria County institution which issued under no less than four titles, this being the third. Fine, evenly circulated.
Peoria, IL - $100 1929 Ty. 1 The Commercial NB Ch. # 3296
Serial Number One $100s are quite scarce. Bank officials looking to set aside a memento rarely set aside this denomination because it represented more than a month's pay. This piece was not kept as a memento and spent some time in the Illinois channels of commerce. The paper is solid for the grade. PMG Choice Fine 15.
Rantoul, IL - $5 1929 Ty. 2 The First NB Ch. # 5193
Boardwalk margins all the way around on this powerfully embossed PMG Gem Uncirculated 65 EPQ example that has certainly earned its Gem grade.
Ridgway, IL - $20 1929 Ty. 1 The First NB Ch. # 9439
This is a very scarce Gallatin County bank with just a mere handful of small size reported. Some soiling is apparent on both the face and back of this Fine $20.
Rockford, IL - $10 1902 Plain Back Fr. 626 The Manufacturers NB Ch. # 3952
A lovely example from this avidly collected community. This is one of the very few notes featuring the layout with the state as well as the city in the tombstone. Bright Extremely Fine-About Uncirculated, with the top margin trimmed a bit into the design, but with the look of an uncirculated example until closely examined.
Rockford, IL - $10 1929 Ty. 1 The Illinois NB & TC Ch. # 13652
Fresh, bright, and fully original, but with just a bit too much handling to merit a higher grade than Choice Crisp Uncirculated.
Savanna, IL - $10 1902 Red Seal Fr. 615 The First NB Ch. # (M)8540
This is the earliest note reported and the only Red Seal in the census for this scarce Carroll County bank. The signatures are strong, the overprint bold and the paper bright on this attractive example. Very Fine, an opportunity to acquire a great type on a better bank.
Shelbyville, IL - $5-$5-$5-$5 1882 Brown Back Fr. 474 The First NB Ch. # (M)2128 Uncut Sheet
This sheet is unique for type on the state with only two other Brown Back sheets in other denominations known. The notes are signed by officers John W. Powers and H.M. Scarborough. The colors are bright and the layout pleasing, thus contributing to its excellent eye appeal. The paper is full of originality, while there are lateral folds between the notes and also right above and below the top and bottom notes. The lateral folds have a few miniscule splits at the edges, but nothing distracting. There are a couple of light vertical folds through the notes, thus the notes themselves grade Extremely Fine-About Uncirculated. This is certainly a sheet that could be a cornerstone or a capstone of an Illinois collection.
Shelbyville, IL - $50 1882 Brown Back Fr. 515 The First NB Ch. # (M)2128
While not the rarest of banks, this type and denomination certainly is, as it is the only $50 Brown Back reported from this Illinois issuer. Best of all, it is a pleasing evenly circulated example with wonderful margins, strong color and signatures, and bright paper. A great note for a great Illinois or type note collection. Very Fine+++.
Stockton, IL - $10 1929 Ty. 2 The First NB Ch. # 13666
An evenly circulated example from the only bank in Stockton to issue. Fine.
Taylorville, IL - $20 1929 Ty. 1 Farmers NB Ch. # 5410
This is a lovely Gem Crisp Uncirculated example from this Christian County issuer. The paper surfaces are bright, the embossing is deep and the originality is beyond question. Nice 1929 Nationals in this condition are becoming increasingly difficult to locate.
Taylorville, IL - $20 1929 Ty. 1 Farmers NB Ch. # 5410
The paper surfaces are bright and original with deep embossing. Gem Crisp Uncirculated.
Virginia, IL - $10 1902 Plain Back Fr. 632 The Centennial NB Ch. # (M)2330
A rather scarce bank which took its unusual title from the date of its charter in 1876, a title that was used by only one other National Bank, the Centennial NB of Philadelphia. Pen signed Very Fine, the first Plain Back to be offered from here since 2000 according to Track & Price.
Warren, IL - $20 1902 Plain Back Fr. 652 The National Farmers Bank Ch. # (M)9096
A very scarce note from this community's only collectible bank, as the one other issuer from this town disappeared in 1874 and is still unreported. This example bears the first title used here, and is one of just three pieces extant with this nomenclature. Very Good-Fine, ex-our January, 2000 Florida sale.
Warren, IL - $10 1902 Plain Back Fr. 626 First NB Ch. # (M)9096
A new to the census example bearing the second title used here. Although there is a split at the bottom center, it is very likely the nicest piece known from this by no means common location. Pen signed Fine-Very Fine.
Westervelt, IL - $10 1902 Plain Back Fr. 631 The Farmers NB Ch. # 10641
This is the only bank chartered in this small community, and is just plain rare. The Kelly census shows just four large notes recorded, and our records show only four large size appearances of any kind from here at public sale since 1945. Very Fine.
White Hall, IL - $10 1902 Red Seal Fr. 613 The First NB Ch. # (M)7121
From the first, and scarcer, of two titles used by this Greene County issuer that fell to the receiver in 1930. This example is by far the better of two Red Seals out of a total of just five notes carrying this title. The signatures are strong and the color remains bright on this Very Fine Red Seal.
Bluffton, IN - $20 1929 Ty. 1 Old-First NB Ch. # 13305
A lovely serial number 1 example which has been off the market for a decade. Choice About Uncirculated.
From The Collection of Albert Rollins
Clay City, IN - $10 1902 Plain Back Fr. 626 The First NB Ch. # 9540
A scarce issue from Clay City's only bank. There are just eight large size reported including this evenly circulated $10 that has been graded by PMG as Choice Fine 15.
East Chicago, IN - $5 1902 Plain Back Fr. 609 The United States NB of Indiana Harbor at East Chicago Ch. # 12058
An always in demand bank which boasts one of the longest titles used by any National Bank and it is also of the forbidden title variety. Fine-Very Fine, with clear black signatures.
Evansville, IN - $5 1902 Plain Back Fr. 609 The National City Bank Ch. # 12132
This is a very pretty note that comes with plenty of original embossing, bold colors, and bright white paper. It has broad enough margins to reach the gem grade but a few light handling marks compel us to grade this appealing example Choice Crisp Uncirculated.
Evansville, IN - $20 1902 Plain Back Fr. 650 The City NB Ch. # (M)6200
Evansville, IN - $10 1902 Plain Back Fr. 635 The National City Bank Ch. # (M)12132
The City National Bank went into voluntary liquidation on March 7, 1922 and was succeeded by the National City Bank. The bank officers remained in place. This is shown by this pair of notes with different charter numbers. The $20 grades VF with a little soiling on the face and lighter rubber stamped signatures and the embossed $10 grades VF+ with dark printed signatures.
Franklin, IN - $20 1929 Ty. 1 Franklin NB Ch. # 13378
This small only bank was in business for just a year and a half, gaining its charter in September of 1929, just days before the deflation of stock values that reached crisis proportions in late October of 1929, precipitating thousands of bank failures and the Depression itself. Shortly after the beginning of the new year in 1931 it closed its doors forever, after issuing just $75,600 worth of notes in the $10 and $20 Type 1 designs. Understandably, just a handful of notes are reported in the census. About Uncirculated.
Greensburg, IN - $5 Original Fr. 399 The Citizens NB Ch. # 1890
This is the earliest note known on this Decatur County institution and is one of just two First Charters reported. The delicate pen signatures are still quite bold. A few spots of edge roughness are noted in the margins which is to be expected for this level of circulation and a small repair has been performed on the top right corner. Very Good.
Holland, IN - $20 1902 Plain Back Fr. 652 The Holland NB Ch. # 9090
Although small size notes are often available from this one bank town, large size specimens are downright rare with just three Blue Seals reported, all of which are rather low grade. This pleasing pen signed $20 note moves that number all the way to four. This is the only $20 example reported to date, and is easily the highest grade of any recorded. It's unlikely that many more remain to be discovered, with this bank showing a mere $580 outstanding by 1935. Nice Fine+++.
Holland, IN - $10 1929 Ty. 1 The Holland NB Ch. # 9090
A lovely example which is a perfect mate to the large note offered above. Bright Choice Crisp Uncirculated, easily as nice as any example we've ever seen from here.
Indianapolis, IN - $5 1882 Brown Back Fr. 471 The Capital NB Ch. # (M)4158
This capital city Brown Back is a gorgeous Very Fine+ example with good signatures and excellent centering and eye appeal.
Indianapolis, IN - $5 1882 Brown Back Fr. 477 The American NB Ch. # 5672
This attractive Brown Back has the initial appearance of at least the VF grade but the folds are just a bit too strong to merit that level. The note is a very presentable mid-grade example for the type from a capital city bank. Fine-Very Fine.
La Grange, IN - $10 1902 Plain Back Fr. 631 The NB of La Grange Ch. # 4972
A very scarce note from a bank which issued large examples only before entering receivership in 1927. This piece is nicer than any heretofore listed in the census, and is certain to please its fortunate new owner. PMG Choice About Unc 58 EPQ, with bright paper and sharp pen signatures.
Martinsville, IN - $10 1882 Date Back Fr. 542 The Citizens NB Ch. # (M)4964
This Morgan County Bank was liquidated in February of 1929, missing its chance to issue small size notes. Of the seventeen survivors from this bank, almost all are well-circulated examples, this Very Good-Fine note being no exception. A few minor edge nicks and pinholes are mentioned for the sake of accuracy.
Rising Sun, IN - $5 1902 Plain Back Fr. 602 The NB of Rising Sun Ch. # 1959
One of the great names that is always popular within collecting fraternity. This example has seen its share of circulation but retains great signatures and has avoided any major issues. Bright Very Good+.
Russiaville, IN - $10 1929 Ty. 1 The First NB Ch. # 5524
A very scarce note from this one bank location with a neat country within a country title. The Kelly census shows just nine Series 1929 examples extant from here. Very Good-Fine, but a touch faded with some margin tears and missing corners.
Tell City, IN - $10 1902 Plain Back Fr. 633 The Tell City NB Ch. # (M)5756
Tell City, IN - $10 1902 Plain Back Fr. 633 The Tell City NB Ch. # 5756
This is a nice pair of notes on this bank that shows an example both with and without the geographic sort letter. Geographic sort letters were discontinued on March 13, 1924. These $10s point out the fact that you can have more than one note on a bank with the same Friedberg number and yet this is one of the ways that the notes can be different. The geographic letter note grades VF and the without geographic letter note grades VF+, with both notes having natural paper surfaces. If you double the former note's serial number, you get the serial number of the latter note.
Tell City, IN - $20 1902 Plain Back Fr. 650 The Citizens NB Ch. # 7375
This $20 is new to the census which formerly stood at a mere 7 large. This Very Fine example has natural paper surfaces and bold penned signatures of Sam Anderson in blue and E.G. Engelbrecht in black. The last time a large size note on this bank crossed the auction block was our January 1998 sale. There is a small spot at back bottom center.
Burlington, IA - $5 1902 Plain Back Fr. 601 The Merchants NB Ch. # (M)1744
One of a small hoard which has long been dispersed to collectors. Bright Choice Crisp Uncirculated, fully embossed but with a close bottom margin and a bit of handling taking it from any consideration for a higher grade.
Cedar Falls, IA - $10 1929 Ty. 1 The Cedar Falls NB Ch. # 3871
A nice Very Fine+ from a Black Hawk County issuer whose population of documented survivors includes a scant five examples in the 1929 series, all of them being the $10 denomination. This is the nicest of that small group. It is attractive and scarce.
Cedar Rapids, IA - $10 1902 Date Back Fr. 618 The Cedar Rapids NB Ch. # (M)3643
This is a wonderful type note with punch through embossing of all elements of the blue overprint. Add in the purple stamped officer signatures and this is a highly desirable note. Choice Crisp Uncirculated.
Chariton, IA - $10 1902 Plain Back Fr. 626 The Chariton & Lucas County NB Ch. # 9024
An attractive example with sharp colors and strong signatures. Just a trace of handling and a tight bottom margin prevent a higher grade. Crisp Uncirculated.
Davenport, IA - $20 1929 Ty. 1 The First NB Ch. # 15
Fully original and screamingly fresh, a simply beautiful serial number 1 example from this sought after low charter bank. Gem Crisp Uncirculated.
From The Collection of Albert Rollins
De Witt, IA - $10 1902 Plain Back Fr. 624 The First NB Ch. # (M)3182
A sharp Very Fine large example with delicate pen signatures.
De Witt, IA - $20 1902 Plain Back Fr. 650 The First NB Ch. # (M)3182
An attractive high grade piece which has been off the market since its last offering in the Memphis 1999 auction sale. Pen signed Extremely Fine.
Decorah, IA - $10 1902 Plain Back Fr. 632 The NB of Decorah Ch. # 5081
While there are more than a fair number of notes known from Decorah's only truly collectible bank, most have been closely held for years, as this is one of the most avidly sought after locations in the state. Track & Price shows only one large size offering from here since 1994, with that a low grade piece on the market nearly six years ago. Sharp Very Fine+, with the bottom margin trimmed just a hair close at the left.
Dubuque, IA - $5 1882 Brown Back Fr. 466 The First NB Ch. # 317
Low grade, but one of only two Brown Backs of any denomination known from this Dubuque bank. Good-Very Good, with a few minor repairs.
Dubuque, IA - $10 1902 Red Seal Fr. 613 The First NB Ch. # (M)317
A premium Dubuque example which is as nice as any of the five Red Seals known from this community. Pen signed Very Fine, with a tiny split at the top the sole flaw worthy of mention.
Dubuque, IA - $10 1902 Date Back Fr. 616 The First NB Ch. # (M)317
Consecutive to the Date Back from here we sold in our last auction which realized a strong $1840. Bright Choice Crisp Uncirculated.
Dubuque, IA - $1 1875 Fr. 384 The Commercial NB Ch. # 1801
A rare and beautiful note which is one of the highlights of Tom Flynn's Dubuque collection. It's one of only four notes known from this First Charter only bank, an institution which went into receivership in 1888, and the finest of the group by a huge margin. While trimmed a bit close on all four margins in the New England tradition, this is a fully original specimen displaying great color, wonderful paper quality, and loads of eye appeal. Crisp Uncirculated, almost certainly the nicest Series 1875 ace known from any bank in Iowa.
Dubuque, IA - $5 Original Fr. 399 The Commercial NB Ch. # 1801
Another of the four notes known from this bank, and the only Original Series example of any denomination. It's an evenly circulated Fine-Very Fine piece with one tiny margin split which is barely worthy of mention. With only two offerings at public sale from this institution during the last sixty years any estimate here is but a guess, but if rarity and desirability are any guide, expect bidding to easily reach and perhaps well exceed...
Dubuque, IA - $5 1875 Fr. 401 The Second NB Ch. # 2327
The first title used by this bank, which utilized this nomenclature from its founding in 1876 until 1923. Fives were the bank's sole First Charter issue, with just two pieces recorded in the census. This new to the census example is firmly lodged in third place for grade amongst the trio. Good-Very Good, with a few pieces missing.
Dubuque, IA - $10 1882 Brown Back Fr. 487 The Second NB Ch. # (M)2327
This is one of just five Brown Backs known from this institution. All are well circulated, with this piece no exception. Very Good, with a decent appearance for the grade.
Dubuque, IA - $10 1882 Date Back Fr. 542 The Second NB Ch. # (M)2327
A more than acceptable 1882 Date Back which is among the two nicest examples of this type from here. Fine-Very Fine, with the signatures just a bit faint.
Dubuque, IA - $100 1902 Plain Back Fr. 704 The Second NB Ch. # (M)2327
A very scarce high denomination example which is one of only two reported from Dubuque. This is the nicer of the pair. It is indeed a Plain Back, although the Kelly reference indicates no Plain Backs were issued. Actually, no Third Charter Date Backs were issued bearing this title, as the entire issue of Blue Seals displaying the first title consisted of 880 sheets of Plain Back fifties and hundreds. Fine.
Dubuque, IA - $5 1929 Ty. 1 The Consolidated NB Ch. # 2327
While large notes from this bank, especially those carrying the second title, are easily obtained, Series 1929 examples are considerably more difficult to find, as this bank's issue severely contracted before the receiver arrived to close its doors forever in 1932. Fives were the sole denomination issued in small, and high grade pieces are especially few and far between. Bright Extremely Fine+.
Dubuque, IA - $5 1902 Plain Back Fr. 598 The Dubuque NB Ch. # (M)3140
Large notes only from this scarcer Dubuque bank. This is a peach of a note which has retained its original embossing and appears never to have entered circulation. It does, however, have a few light handling bends, compelling a grade of About Uncirculated. The third party graded specimen we sold in a Choice Uncirculated 64 holder in April was the first from this institution to appear at public sale since 2000, and realized $2990. This should certainly be worth about half that figure.
Dyersville, IA - $10 1929 Ty. 1 The First NB Ch. # 9555
A tough note from the only bank to issue in this Dubuque County community. Small notes are considerably scarcer than are large from here, likely due to the bank's early exit in May of 1931. Pleasing Fine+.
Grand River, IA - $10 1929 Ty. 1 The First NB Ch. # 9737
Tonight's offering is from the only bank to issue in this Decatur County locale. It grades a solid Fine and brings the total population of this type and denomination documented to a still quite challenging four survivors from the 496 sheets printed.
Harlan, IA - $10 1902 Plain Back Fr. 629 The Harlan NB Ch. # (M)10354
Nine large size notes are reported in Kelly's census though the likelihood of more pieces being discovered is slim, with only $430 in face value outstanding in 1935. This example is broadly margined with crisp unsoiled paper. A complement to these attributes is the unadulterated signatures. Very Fine-Extremely Fine.
Hawarden, IA - $10 1902 Plain Back Fr. 628 First NB Ch. # (M)4594
This piece has all the eye appeal of a full VG, though the paper is compromised in a few places. Though six large were previously known from this bank, only two have ever appeared at public auction. Good.
Kingsley, IA - $10 1929 Ty. 1 The Farmers NB Ch. # 9116
When this bank passed from the scene in 1933 this small Plymouth County hamlet was left without an issuing bank. This PMG Choice Very Fine 35 example is from a census of eleven and retains original embossing and bright paper.
Kingsley, IA - $20 1929 Ty. 1 The Farmers NB Ch. # 9116
A second opportunity to acquire a note from this scarce Iowa bank. While almost as nice, it is a different denomination and is one of only 128 sheets printed for this type. PMG Very Fine 20.
Marion, IA - $5 Original Fr. 394 The First NB Ch. # 117
While this early note has a few internal holes and tears, it is still the only Original Series $5 known on this scarce Linn County bank. The pen signatures are still bold on this well worn Very Good that has no major issues.
Marion, IA - $10 1902 Plain Back Fr. 624 The First NB Ch. # 117
A nice large example from this low charter institution. Pen signed Fine-Very Fine.
Ottumwa, IA - $10 1882 Brown Back Fr. 490 The Ottumwa NB Ch. # (M)2621
While not a scarce bank, this $10 Brown Back is the first of its type and denomination to be reported in the census. The paper is solid for this amount of circulation and the signatures still remain. The brown overprint has not suffered in the slightest. Very Good+.
Red Oak, IA - $5 Original Black Charter Number Fr. 399 The First NB Ch. # 2130
This spectacular serial number 1 Black Charter Note represents a true miracle of survival. Discovered earlier this year, it is the only serial number 1 Black Charter Note from any bank to survive, and is one of only three Original Series Black Charter Notes known to exist. It is the "A" position note from the first sheet of fives sent to this bank in 1873, and, as Peter Huntoon noted in his Bank Note Reporter story earlier this year, had obviously been saved by one of the signers. Nothing is known of the note's pedigree since the day it left the bank in late 1873 until it walked into a small Iowa coin shop earlier this year. The note quickly changed hands and the second dealer sent it to PMG for grading because of its attractive appearance. Only when the note came back from PMG with the attendant fanfare did the second dealer realize that this was not only a serial number 1 example but was the only serial number 1 Black Charter example ever to be recorded. Fortunately for collectors, it is a lovely as well as unique note, with great color, signatures, and eye appeal, fully, in our opinion, meriting its PMG assigned grade of Very Fine 25. PMG has also noted "Minor Splits," which are mentioned only for the sake of total descriptive accuracy, as they are tiny interior splits which are invisible until the note is held to the light.
We have been privileged to handle many significant National Bank Note rarities in our two decades in the auction business and our four decades as a dealer and collector. This unique note is right up there with the very most important items we have ever offered. Whatever the cost tonight, it is an irreplaceable rarity deserving of a place in any collection of important United States paper money, and it would not surprise us at all if our likely conservative estimate were well exceeded before the hammer falls this evening.
Tipton, IA - $20 1902 Plain Back Fr. 650 The City NB Ch. # (M)6760
One of a small group of high grade examples that have been around for almost fifty years. This attractive piece, bearing distinctive purple signatures, has been encapsulated and graded as PCGS Choice About New 58PPQ.
Edna, KS - $10 1902 Plain Back Fr. 624 The First NB Ch. # 7590
Attractive signatures and a bold overprint enhance the appearance of this mid-grade example from this scarce Labette County bank. There are just eight large size in the latest census and this is the first opportunity we have had to offer one of these in 15 years. Bright Fine-Very Fine.
Fort Scott, KS - $20 1929 Ty. 2 The Citizens NB Ch. # 3175
A nicely centered piece with incredibly deep original embossing. What appears to be a fold in the right margin on the reverse is, in our opinion, an as made paper crease. Gem Crisp Uncirculated.
From The Collection of Albert Rollins
Girard, KS - $10 1902 Red Seal Fr. 613 The First NB Girard Ch. # (W)3216
Though a bit faded, the paper remains complete on the only known $10 Red Seal from here. The signatures are still quite legible on this PMG Very Good 10 example.
Gypsum, KS - $10 1902 Plain Back Fr. 627 The Gypsum Valley NB Ch. # 9695
While large notes from this interestingly titled bank are not really rare, Track and Price notes only one such offering at public sale since 1998. Pen signed Fine.
Hartford, KS - $10 1902 Plain Back Fr. 625 The Hartford NB Ch. # 8197
A truly scarce note from the only bank in town to issue. The Kelly census shows just six large (and two small) examples extant from this institution. This is the first note of any kind from this bank to be publicly offered in over five years. Fine, with nice pen signatures.
Kansas City, KS - $5 1902 Plain Back Fr. 609 The Commercial NB Ch. # 6311
Punch through embossing is easily visible through the holder on this bright and original piece. PCGS Very Choice New 64PPQ.
Logan, KS - $10 1902 Red Seal Fr. 613 The First NB Ch. # (W)6841
This is a common enough bank in small size, but one which is quite scarce in large, with this newly discovered piece, offered here to the collecting public for the first time, not only the sole Red Seal known from here but the only serial number 1 example of any type or denomination. In fact, it is one of fewer than 15 serial number 1 Red Seals reported from all Kansas banks combined, not a large number considering the many collectors this state has boasted over the years. PMG has graded this pen signed specimen About Uncirculated 53 and noted on the reverse "Toned," simply indicating the paper has aged just a touch. The red overprint is bright and vivid and the "toning" is barely worthy of mention. With serial number 1 Red Seals more and more difficult to obtain from even the most common issuers, expect this significant Kansas rarity to easily reach and perhaps well exceed our estimate of...
Saint Marys, KS - $20 1902 Plain Back Fr. 651 The First NB Ch. # 3374
This is an attractive $20 Plain Back which comes from a hoard discovered by "Doc" Carter around 1970. Among the notes in the hoard were a fair number of examples from this bank, all of which have been graded AU or better. Original embossing is present but a hint of a horizontal fold precludes a CU grade. Choice About Uncirculated.
Adairville, KY - $10 1929 Ty. 1 The First NB Ch. # 8814
Before the arrival of this note, the small size census for this bank held six single and one uncut sheet. This is a Very Fine note with natural paper surfaces, nice color, and embossing.
Bowling Green, KY - $10 1882 Brown Back Fr. 490 The Citizens NB Ch. # (S)5900
The front to back centering is near perfect and the margins are extra large on this beauty. Bright colors on the front and back add to the overall eye appeal of this near-Superb piece. PMG Gem Uncirculated 66 EPQ.
Campbellsville, KY - $5 1902 Plain Back Fr. 598 The Taylor NB Ch. # 6342
Nice embossing is still clearly evident on this vividly printed example from Campbellsville's only issuer. The census now stands at ten large size and this lightly circulated piece is right near the top of that list. Just a few light folds are noticed on this Extremely Fine Blue Seal.
Covington, KY - $5 Original Fr. 397 The First NB Ch. # 718
While this First Charter Five has the initial appearance of a bright Very Fine, the note is unfortunately peppered with pinholes and some type of foreign substance has been uniformly applied to the back. Still, the signatures are quite strong and the red overprint is bold.
Cynthiana, KY - $50 1882 Brown Back Fr. 513 The NB of Cynthiana Ch. # 1900
This is a note that made its auction debut in a September 1980 Hickman-Oakes sale. It's one of three $50 Brown Backs known from the bank and one of only eight known from the entire state. Fine, with a few pinholes common to these higher denomination pieces.
East Bernstadt, KY - $10 1929 Ty. 1 The First NB Ch. # 10254
A new to the census note from this very scarce bank, which was this community's sole issuer. Very Fine, fully equal to the example which realized $1150 at auction last year.
Harlan, KY - $10 1902 Plain Back Fr. 635 The Citizens NB Ch. # 12243
This bank operated for only ten years, from 1922 until the receiver came calling in 1932. During that period it issued only $10 and $20 Plain Backs in the large size category, leaving a census of just 10 examples. Very Fine.
Harlan, KY - $20 1902 Plain Back Fr. 661 The Harlan NB Ch. # 12295
While grading only Fine+, this example is tied for the highest grade of any of the ten large notes from here listed in the Kelly census.
Henderson, KY - $1 Original Fr. 380 The Henderson NB Ch. # 1615
Only two early notes are known on this long-lived bank, both Original Series aces. A small notch and tear are noted at upper left, along with the ink stain on back at upper right. Very Good-Fine.
Hustonville, KY - $10 1902 Plain Back Fr. 624 The NB of Hustonville Ch. # 2917
A very attractive example from a small group of high grade examples that turned up from here several years ago. While this pretty note has the initial appearance of a Choice CU, a close examination finds a light corner fold. Choice About Uncirculated.
Lexington, KY - $5 1882 Brown Back Fr. 471 The Fayette NB Ch. # (S)1720
The signatures are just about gone on this well circulated Kentucky Brown Back that has a few splits and nicks in the margins. Still, the main body of the note is solid and retains a pleasing appearance. Very Good.
Louisville, KY - $20 1882 Date Back Fr. 552 The American NB Ch. # (S)4956
A solid Very Fine with nice margins and a degree of paper body suggestive of a higher grade. Overall simply a very attractive note as a representative of this type and denomination.
Louisville, KY - $50 1902 Plain Back Fr. 682 The Louisville NB Ch. # (S)5161
A problem-free example of this scarce type, although the signatures have faded. A light center fold and some handling are all that detract on this bright Extremely Fine-About Uncirculated $50.
Louisville, KY - $5 1882 Date Back Fr. 537 The NB of Kentucky Ch. # (S)5312
While this is a very common bank (actually, the most common of Louisville issuers), it's the source of a nice grouping of very high grade $5 Second Charter Date Backs, making these notes perfect examples for type. This piece appears new at first glance and it is difficult to discern any evidence of handling beneath the third party holder. PMG About Uncirculated 55.
Mayfield, KY - $10 1882 Date Back Fr. 542 The First NB Ch. # (S)2245
A scarcer early note from the first of three banks chartered here. The title layout and the deep blue overprint add to the appeal of this Very Fine example that has a tight top margin.
Owenton, KY - $10 Original Fr. 414 The NB of Owen Ch. # 1963
A great Kentucky rarity coming in a $10 Original Series note, a rarity from this state in itself. This bank issued First Charters only before liquidating in 1883. By 1910, just $505 remained unredeemed. This piece was part of the Martin and Gale holdings, and is the only example known on this short lived bank. It is an attractive piece which grades Fine overall, but there is a repair in the center, where a small hole previously existed. Nevertheless, there are no others, so even the most discriminating of collectors has no choice here. Buy this note, or go without, likely forever.
Somerset, KY - $10 1902 Plain Back Fr. 626 The First NB Ch. # (S)3832
An old friend that we offered back in our October 1998 sale. There are now a dozen large size reported on this Pulaski County bank but this bright Fine-Very Fine example is still near the top of the census.
Stanford, KY - $5 1882 Value Back Fr. 574 The Lincoln County NB Ch. # (S)5132
This is a scarce type from any Kentucky town save for Elizabethtown and Louisville. Very Good.
Baton Rouge, LA - $10 1875 Fr. 420 The First NB Ch. # 2633
This is a great state capital note that has everything going for it. It comes from a very scarce Baton Rouge bank which issued First and Second Charters only before liquidating in 1910, and has been off the market since it appeared in the June, 1982 Hickman-Oakes sale as lot 278. Even more important, this is an extremely rare type and denomination from Louisiana, with just four Series 1875 tens (along with just one Original $10, which is also offered in this sale) reported from the entire state. Fortunately for collectors, this is an attractive and problem free specimen, with bright colors, strong signatures, and loads of eye appeal for the grade. Sharp Fine+++, a significant Louisiana rarity worthy of the finest of collections.
From The Norman Collection
Baton Rouge, LA - $20 1902 Plain Back Fr. 653 The Louisiana NB Ch. # 9834
A decent evenly circulated example from a tougher state capital to obtain in large. About Fine, with an edge split that affects little.
Crowley, LA - $10 1882 Brown Back Fr. 490 The First NB Ch. # (S)5520
This short lived Acadia Parish bank issued only Brown Backs and Second Charter Date Backs before closing its doors forever in February of 1915. Although a half dozen notes are listed in the census, all have been closely held for years, with this the first offering of any example from here at public sale since November of 1979. Pen signed Fine, rare enough to see bidding reach or exceed...
From The Norman Collection
Gretna, LA - $10 1929 Ty. 2 The First NB of Jefferson Parish Ch. # 13732
Only about a dozen single examples, along with a trio of uncut sheets, are known from this suburban New Orleans community. Fine-Very Fine.
Jeanerette, LA - $10 1902 Plain Back Fr. 624 The First NB Ch. # 7768
An evenly circulated example from this none too common location. It's considerably nicer than the last large note from here to sell at auction, a Very Good specimen which realized $1150 in our May, 2007 sale. Pleasing Fine.
From The Norman Collection
Lafayette, LA - $5 1882 Date Back Fr. 534 The First NB Ch. # (S)5023
A very scarce early type and denomination from this avidly collected community. Well circulated but intact Very Good.
From The Norman Collection
New Iberia, LA - $20 1902 Plain Back Fr. 653 The Peoples' NB Ch. # 4524
A rather scarce bank, particularly in large size, where the census stands at just eight pieces. This example is new to that listing, and ranks as one of the nicest notes known on the bank. Fine-Very Fine, with bright purple signatures.
From The Norman Collection
New Orleans, LA - $1 Original Fr. 380 The Louisiana NB Ch. # 1626
This is an extraordinarily scarce type from the Pelican State, with the Kelly census showing just seven aces known from all three issuers in Louisiana combined. All are Original Series examples, as the state lacked even one bank which circulated Series 1875 aces. Just two pieces in the census grade Fine or better, and both are offered as part of this collection. This specimen has been off the market since it last sold in a July, 1986 auction. It grades a pleasing Fine-Very Fine, and is certain to delight the fortunate collector who obtains it here tonight. Expect a realization in the vicinity of...
From The Norman Collection
New Orleans, LA - $5 1875 Fr. 404 The Louisiana NB Ch. # 1626
Another excessively rare Louisiana type and denomination, with this note one of just four Louisiana Series 1875 fives listed in the census. It has been off the market for so long that the Kelly census lacks serial numbers and a grade, but our consignor's records indicate he purchased the note for $1050 in 1984. It's a most attractive piece, with its only detriment a slightly close cut all around, although the margins stay clear of the design on the entire face. There is a hint of blue end paper, lending the note an attractive hue, and the colors and signatures are as nice as any collector could desire. Very Fine, a classic Louisiana rarity likely to see bidding end in the range of...
From The Norman Collection
New Orleans, LA - $10 1882 Brown Back Fr. 482 The Louisiana NB Ch. # (S)1626
A new addition to the census from this institution, which issued First Charters and Brown Backs only before closing its doors in October of 1905. This well circulated but fully intact Very Good example was obtained from fondly remembered Iowa dealer Curtis Iversen in the mid-1980's.
From The Norman Collection
New Orleans, LA - $5 Original Fr. 399 The New Orleans NB Ch. # 1778
The Kelly census shows just four Original Series $5 notes reported from all banks in Louisiana combined, with this the highest grade specimen by a very considerable margin. It is a most attractive piece, with a blazing red overprint and great eye appeal, along with only minimal traces of any evidence of real circulation. The paper is a bit toned, but by no means objectionable in any regard. Track and Price lists no record of any appearance of a First Charter from this bank, let alone one so nice, so any estimate here is but a guess, but we would not be at all surprised to see this boldly printed Extremely Fine rarity see bidding reach or exceed...
From The Norman Collection
New Orleans, LA - $10 Original Fr. 414 The New Orleans NB Ch. # 1778
Despite being issued by ten different Louisiana banks, this well circulated but intact Original Series $10 is the only example of this type and denomination known to have survived from the Pelican State. It is listed in the census with an incorrect serial number, but the reported Treasury Number is only one digit off and the grade and plate position correspond perfectly to this example. Our consignor concentrated on obtaining every rare Louisiana type when the opportunity presented itself in the 1970's and 1980's, and this has remained the rarest of the rare. Very Good.
From The Norman Collection
New Orleans, LA - $20 1875 Fr. 431 The New Orleans NB Ch. # 1778
This is an excessively rare Louisiana type, with the census showing no Original Series twenties reported from this state and just a literal handful of 1875 twenties known. This is one of that very small group, and the only representative from this bank. It has been off the market for nearly a quarter century, having last been offered as lot 1482 of Kagin's June, 1984 Memphis sale. Fortunately for collectors, it is an attractive and evenly circulated piece, with a few pinholes but no other serious detriments for the grade. Fine-Very Fine, a true Louisiana rarity worthy of a strong bid.
From The Norman Collection
New Orleans, LA - $100 1902 Date Back Fr. 692 The New Orleans NB Ch. # (S)1778
A scarcer high denomination example from this bank, which has just two Third Charter specimens recorded to date, both Date Back hundreds. Very Good.
From The Norman Collection
New Orleans, LA - $1 Original Fr. 382 The Union NB Ch. # 1796
This ace is by far the nicest of the seven reported examples of this denomination from the state of Louisiana. It last appeared as lot 1481 of Kagin's 1984 Memphis sale, where it was obtained by our consignor, and has remained off the market since that offering. It is a beautiful note, with full margins, exceptionally vivid inks, bold signatures, and a wonderful overall appearance. If rarity and desirability are any guide, expect this lovely Extremely Fine+ specimen to see bidding reach or exceed...
From The Norman Collection
New Orleans, LA - $10 1882 Brown Back Fr. 485 The Hibernia NB Ch. # 2086
An excessively rare note from the first of three Hibernia banks formed in New Orleans, a testament to the influence the Irish had in the development of this city's commerce from the 1860's on. This bank issued First Charters and Brown Backs only before closing in July of 1902. Just two notes are known, a very low grade First Charter that makes this well circulated piece look new, and this Brown Back, which has not been on the market for nearly twenty five years. This example has a few thin spots, more than a few pinholes, and a nick out of the top margin, but is certainly rare enough to be of interest to any serious Louisiana collector. Very Good.
From The Norman Collection
New Orleans, LA - $20 1902 Red Seal Fr. 640 The Whitney-Central NB Ch. # (S)3069
A well circulated $20 Red Seal, but one which has retained good color and signatures for the grade. Very Good-Fine, with a few small splits.
From The Norman Collection
New Orleans, LA - $100 1902 Plain Back Fr. 699 The Whitney-Central NB Ch. # 3069
A pleasing and evenly circulated Plain Back hundred which makes a perfect type example. Sharp Fine-Very Fine, considerably closer to the higher grade than the lower.
From The Norman Collection
New Orleans, LA - $10 1882 Date Back Fr. 545 The Commercial NB Ch. # (S)5649
A high grade Second Charter example with bright colors, good signatures, and plenty of eye appeal. Extremely Fine.
From The Norman Collection
New Orleans, LA - $20 1902 Red Seal Fr. 641 The Peoples NB Ch. # (S)7498
This is perhaps the scarcest New Orleans note we have ever had the privilege of offering, as it is unique with this title and will likely stay that way forever. This short lived bank was chartered in late 1904 and issued Red Seals only under two titles. The first was used from the bank's inception through April of 1908, while the second title, which this note carries, was used for only ten months from April, 1908 until the bank closed permanently in January of 1909. This piece is the first reported example bearing the second title. Unfortunately, it has more than its share of problems, displaying some not terribly well executed restorations on the right side. Pretty it isn't, rare and unique it is, and collectors can either choose to wait until a better example comes around, which is likely to be never, or take this note the way it comes. Having collected Nationals for almost two decades, this cataloguer suggests the latter. Good.
From The Norman Collection
New Orleans, LA - $20 1902 Red Seal Fr. 640 The German-American NB Ch. # (S)7876
A scarce note from a short-lived New Orleans bank which issued Red Seals and Date Backs only before liquidating in 1913. Well circulated Very Good, with some staining and discoloration on the back and a close margin and paper pull on the front.
From The Norman Collection
New Orleans, LA - $20 1902 Date Back Fr. 643 The German-American NB Ch. # (S)7876
Red Seals and Date Backs only from this very scarce ethnically titled New Orleans institution, which closed its doors in 1913. While eleven notes are known from here, a substantial number are damaged or low grade. This evenly circulated piece is a happy exception. Fine.
Providence, LA - $10 1902 Plain Back Fr. 624 The First NB of Lake Providence at Providence Ch. # 6291
This is one of eight large notes known from this one bank location. Evenly circulated Very Good+, with the bottom margin trimmed in just a bit on the right.
From The Norman Collection
Ruston, LA - $10 1902 Plain Back Fr. 633 The First NB Ch. # 11795
This note, which is new to the market, is one of the highlights of this landmark Louisiana offering. It comes from a bank with a miniscule $250 in large notes outstanding, the lowest of any bank in the state, and from an institution where two notes make up the entire large census. One piece has been off the market for so long that its grade is unrecorded, while the second example grades "Good" and has not been seen since its last auction appearance in the 1981 Memphis sale. Fortunately for collectors, this specimen is an evenly circulated Fine-Very Fine, with blue pen signatures and no problems whatever save for a close bottom margin that barely touches the design. If rarity, desirability and the opportunity to own a true Louisiana trophy item combine with the usual results, expect a realization in the vicinity of...
Shreveport, LA - $10 1902 Red Seal Fr. 615 The First NB Ch. # (S)3595
This is a common enough bank that it takes a very special example to get us excited, but this note fills the bill admirably. It is one of only two Red Seals known from this bank, and one of only three reported from all Shreveport banks combined. More importantly, it is an absolute peach of a note, displaying an incredibly vivid red overprint, bright paper and bold blue pen signatures. Very Fine, a great Louisiana item worthy of the finest of collections.
Shreveport, LA - $50 1902 Plain Back Fr. 677 The Commercial NB Ch. # 3600
Just an edge nick or two detracts from this well circulated but solid high denomination note from Louisiana. Very Good.
Shreveport, LA - $100 1929 Ty. 1 Commercial NB Ch. # 13648
This is a wonderful serial number 1 hundred which comes from a sheet last seen at auction in FUN two years ago. It displays pleasing margins and is well embossed. Just the faintest of handling has caused PMG to award this attractive note the grade of Choice About Uncirculated 58 EPQ.
Tallulah, LA - $10 1902 Plain Back Fr. 635 The Madison NB Ch. # 12923
Low serial number 3 graces this mid-grade example from a scarce Madison bank that lasted for only seven years before bowing out in 1933. Just eight large size are in the census including this bright Fine+ example that has picked up a few pinholes.
Ville Platte, LA - $10 1902 Plain Back Fr. 631 The First NB Ch. # 10588
A great Evangeline Parish note which is another of the highlights of this Louisiana offering. Our consignor obtained this note more than twenty years ago in a 1987 auction. It was the only large size note reported from this one bank community at that time, and remains unique in large size today. Collectors from this state have waited more than two decades for the opportunity to own a large note from Ville Platte, and it may again be two decades or more before this opportunity presents itself. In 1987's far less sophisticated market, this note realized $1550. Expect it to bring a minimum of three or four times that figure tonight. Pleasing About Fine, with bright blue-green pen signatures.
From The Norman Collection
Limerick, ME - $10 1929 Ty. 1 The Limerick NB Ch. # 2785
Small size notes on this York County bank are much scarcer than their large size counterparts as this institution closed its doors in 1931. A scant six have been heretofore reported with this low serial number 8 piece a new addition. It is an evenly circulated and problem free Very Good.
Searsport, ME - $10 1882 Brown Back Fr. 490 The Searsport NB Ch. # (N)2642
The Searsport NB was the sole National Bank in this historic and quite lovely community, and offerings of any kind have been few and far between over the years. Even circulation is observed on this Fine-Very Fine Brown Back that still sports delicate pen signatures that are quite legible.
Waterville, ME - $20 1902 Plain Back Fr. 650 The Peoples NB Ch. # (N)880
One of the nicer large notes we've observed from this tougher Waterville bank. Pen signed Very Fine.
Baltimore, MD - $5 1929 Ty. 1 The Farmers & Merchants NB Ch. # 1337
While this number 1 note has been graded Choice CU in the past, a very light diagonal fold forces us to be conservative and call it Choice About Uncirculated. Nevertheless, it is still a bright and wonderfully embossed item that would be an attractive addition to a collection of number 1 notes.
Baltimore, MD - $5 1902 Date Back Fr. 590 The NB of Baltimore Ch. # (E)1432
A fully embossed and exceptionally bright example, but the close margins preclude any higher grade. PCGS New 62PPQ.
Brunswick, MD - $5 1929 Ty. 2 The Peoples NB Ch. # 14044
A lovely example from this 14000 charter bank. Light handling will keep this Choice Crisp Uncirculated example from Gem. There is also an as made wrinkle at left center.
Gaithersburg, MD - $20 1929 Ty. 1 The First NB Ch. # 4608
A very scarce Montgomery County bank which is actually somewhat scarcer in small size than large, as Track and Price reports no offerings of Series 1929 examples at public sale in over eight years. This evenly circulated piece is certain to please. Nice Fine+++.
Perryville, MD - $5 1929 Ty. 2 The NB of Perryville Ch. # 11193
A lovely example from the only note issuing bank in this Cecil County community. This embossed $5 is very close to the Choice category. CGA Crisp Uncirculated 62.
Upper Marlboro, MD - $100 1929 Ty. 1 The First NB of Southern Maryland Ch. # 5471
High denominations only from this very scarce Prince Georges County bank, with only 126 sheets of Type 1 hundreds issued. This attractive Very Fine+ example is by far the highest grade hundred we've seen or heard of, and is considerably nicer than the note we sold from here which realized $1610 back in 2004.
Woodbine, MD - $20 1929 Ty. 1 The Woodbine NB Ch. # 8799
This Carroll County bank is one of the very rarest in the entire state, with just two large and one small example comprising the entire census. Both of the large notes were offered within two years of each other between 1998 and 2000, with both now ensconced in major collections. No Series 1929 specimen has ever been available at public sale until this evening. If rarity is any guide here, expect to see bidding for this newly discovered Fine example easily reach and quite possibly exceed...
Athol, MA - $10 1882 Brown Back Fr. 480 The Millers River NB Ch. # 708
This is definitely not a common bank, with the large census standing at just a dozen pieces, with fewer than a handful of early examples reported. This specimen is one of just two Brown Backs, the other of which has not been seen since a 1999 auction appearance. PCGS Fine 15 PPQ, with strong signatures and good color for the grade.
Athol, MA - $5 1882 Brown Back Fr. 474 The Athol NB Ch. # (N)2172
A nice new discovery, as the census shows only one other Brown Back extant from this tougher Massachusetts bank, with this the nicer of the pair. Bright Fine-Very Fine, with an interesting title layout as a bonus.
Boston, MA - $1 1875 Fr. 383 The Boylston NB Ch. # 545
An attractive First Charter Ace from this Boston bank that closed in 1923. Nice color and wonderful pen signatures are highlights of this example from Beantown. PMG Very Fine 25.
Boston, MA - $2 Original Fr. 387 The Tremont NB Ch. # 625
An evenly circulated deuce perfect for the collector who wants to cover this tough type at minimal cost, as a corner tip is missing at the bottom right along with a larger corner piece at the top left. Good-Very Good, closely trimmed on all sides in the typical New England style.
Boston, MA - $1 Original Fr. 380 The Columbian NB Ch. # 1029
An evenly circulated piece which is perfect for type. Fine or a bit better, with a small repaired split that can only be seen under close examination.
Boston, MA - $5 1882 Date Back Fr. 537 The National Shawmut Bank Ch. # (N)5155
This bright Date Back retains much crispness and exhibits plenty of eye appeal. Very Fine.
Brockton, MA - $10 1902 Plain Back Fr. 631 The Home NB Ch. # (N)2152
An excessively rare note from a Brockton bank with only three notes listed in the census, including this example. Fortunately for collectors, it is an unmolested and evenly circulated specimen with clear pen signatures and no problems worthy of mention save for honest wear. Expect some serious bidding before the hammer drops on this Fine Massachusetts rarity, likely in the range of...
Cambridge, MA - $5 1902 Plain Back Fr. 606 Manufacturers NB Ch. # (N)11152
This note comes from an extremely rare institution which issued large notes only for seven years. Although six examples are enumerated in the census, all have been closely held for years, with none having been offered at public sale since the very first CAA sale in November of 1990. Bright Very Fine, with the bottom margin trimmed in a bit at the right end, a significant Massachusetts note likely to see bidding reach or exceed...
Gloucester, MA - $1 Original Fr. 380 The Cape Ann NB Ch. # 899
This First Charter example from an Essex County bank has the initial appearance of a nice VF note but, aside from the tight New England trim, it has acquired numerous margin splits and a few internal tears. Fine-Very Fine.
Holyoke, MA - $5 1902 Red Seal Fr. 587 The Home NB Ch. # (N)3128
Large notes only from this just plain rare Holyoke issuer, which went out in 1916. Just six pieces comprise the entire census, with this example, newly discovered and offered here for the first time, the only Red Seal and the highest grade specimen we've seen to date. PMG was awfully conservative when they labeled this sharply printed and boldly signed example Choice Very Fine 35, as it certainly appears nicer in the holder. If rarity and desirability are any guide here, expect this most impressive note to rise to the level of...
Marlborough, MA - $20 1902 Plain Back Fr. 658 The Peoples NB Ch. # 2404
A scarcer eastern Massachusetts bank, especially in large size. The paper is bright and the signatures are clear. The cut is a bit off center resulting in a wide top margin and a tight bottom margin. Very Fine.
Milford, MA - $5 1875 Fr. 403 The Milford NB Ch. # 866
The pen signatures are still strong on this well circulated First Charter Five which is the only Series 1875 note reported on this Worcester County bank. Just honest wear commensurate with its grade level is found on this example that retains decent color. Very Good-Fine.
North Adams, MA - $5 1902 Plain Back Fr. 598 The North Adams NB Ch. # 1210
A nice mid-grade example from this western Massachusetts bank that carries its second title. The stamped signatures are still quite legible and the paper is bright. Fine-Very Fine, with a trace of wallet soiling on the back and a tiny edge nick in the top left corner.
Northampton, MA - $20 1902 Red Seal Fr. 639 The Northampton NB Ch. # (N)1018
There are only two Red Seals in the census for this charter number and this is one of them. The signatures are boldly printed and the paper is snappy on this $20 that has been encapsulated by PMG as Fine 12. PMG has placed the wrong Friedberg number on the holder and will gladly fix.
Southbridge, MA - $10 1902 Plain Back Fr. 632 The Peoples NB Ch. # 11388
Just $660 was outstanding in large size notes in 1935 on this Worcester County bank, yet nine pieces are listed in the latest Kelly census. We are pleased to offer the tenth large size to appear. With that amount of large out, you cannot expect many more to show up. The stamped signatures are bold on this Fine-Very Fine $10 that has just a trace of staining in the margin on the back.
Westboro, MA - $5 1902 Plain Back Fr. 598 The First NB Ch. # 421
A bakers' dozen of large size notes are listed in the census for this scarce bank that was the only note issuer in this Worcester County locale. While it has the initial appearance of a higher grade, some edge roughness along with an internal split and soiling persuade us to assign a grade of Very Good-Fine.
Westfield, MA - $1 1875 Fr. 383 The Hampden NB Ch. # 1367
This attractive Ace is a new addition to the census for this Hampden County bank bringing the total to two dozen large size. The signatures are still quite legible on this evenly circulated note. PMG Fine 12.
Battle Creek, MI - $10 1929 Ty. 2 The Central NB Ch. # 13858
A very scarce Battle Creek bank with a population of just three pieces known, including this Fine+ specimen.
Burr Oak, MI - $20 1929 Ty. 1 The First NB Ch. # 9497
Notes from this odd name community are always popular, with this example selling for $1667.50 in our May, 2004 sale. Nationals have eased a bit since then, but this specimen should still realize around half that number today. Extremely Fine, with a few rust spots.
Centreville, MI - $5 1875 Fr. 401 The First NB Ch. # 2095
This is a great Michigan rarity from a community that saw its only bank close in 1893. About half a dozen notes are known, all First Charters, on this scarce bank and this lovely 1875 $5 is near the top of that small list. Bold, black signatures help accentuate the rich color of this lightly circulated piece. It is guaranteed to attract the attention of the many collectors of this state. PCGS Extremely Fine 40PPQ.
Chesaning, MI - $5 1902 Plain Back Fr. 606 The First NB Ch. # 11454
Large notes only from this short lived Saginaw County bank, with the census standing at just five examples, including this piece, which we sold back in January of 1999 for $2860. It should be worth no less and likely somewhat more a decade later. Very Good-Fine, with clear signatures, the bottom trimmed a bit into the design.
Crystal Falls, MI - $10 1902 Plain Back Fr. 632 The Crystal Falls NB Ch. # 11547
While small notes from here do turn up, large examples from this Upper Peninsula bank are just plain scarce, with barely a dozen pieces recorded in the latest Kelly census. The purple signatures are still strong on this bright Very Fine example.
Detroit, MI - $20 1882 Brown Back Fr. 496 The Union NB Ch. # 3487
This is the only note known from this Brown Back only bank which was chartered in 1886 and liquidated at the expiration of its charter in 1906. It was not discovered until late last year, when it realized $5462.50 in its initial auction appearance. The purchaser there has now changed his collecting focus, resulting in the note's appearance in this sale. It is still unique and worth every penny or more than what it realized in 2007. Well circulated but intact Very Good, with exceptionally strong signatures for the grade, about as rare as any National we've offered from the Wolverine State in many years.
Detroit, MI - $100 1929 Ty. 1 First NB Ch. # 10527
Even with the hundreds of small size reported, this piece is a new note for the census. While there are no real folds, this About Uncirculated example does have a teller smudge as well as a pinhole and a very tiny tear in the bottom margin.
Detroit, MI - $5 1902 Plain Back Fr. 605 The Merchants NB Ch. # 10600
A fully embossed beauty with bright white paper and total originality that has the added attraction of solid bank serial number 8888. Choice Crisp Uncirculated.
Hamtramck, MI - $10 1902 Plain Back Fr. 632 The Peoples NB Ch. # (M)11082
An excessively rare note from this much sought after Detroit suburb, home to one of the largest Polish populations outside of Warsaw. The bank issued large notes only and was the only issuer in this community. Only three notes are recorded in the census, with this one of that small number, and Track & Price reveals just three offerings of any kind from here in more than three decades. This example is as nice or nicer than any, grading Very Fine with just the slightest bit of light paper aging at the top left side of the note. The signatures are clear and the inks bright. This example realized $5750 in its one prior auction appearance several years ago, and we see no reason that this rare and desirable note will not equal or surpass that number this evening.
Houghton, MI - $1 Original Fr. 380 The First NB Ch. # 1247
The census enumerates eleven reported examples from this First Charter only bank, but Track & Price lists just two offerings of any kind from here at public sale, indicating that most of the other notes are either institutionally owned or in very long term holdings. The last note from this bank to appear at auction, a Very Fine First Charter five, realized over $5000 as part of the Lee DeGood collection sale nearly two years ago. Fine, with decent signatures, and a nice appearance for the grade.
Howell, MI - $5 1902 Plain Back Fr. 607 The First NB Ch. # 11586
A lovely example from a very scarce bank in large size. This piece features bright white paper, bold pen signatures, and triple aces serial number 111. It was last offered in our January, 2004 FUN sale, where it realized $2932.50. Expect it to bring no less today. Extremely Fine.
Howell, MI - $10 1929 Ty. 1 The First NB Ch. # 11586
According to the census figures, this is not a scarce bank but there have been only six appearances of a small size note over the past 30 years. This is a clear indication of how tightly held these notes are. Here is an opportunity to acquire a bright and evenly circulated Fine-Very Fine example that should not be passed by.
Ironwood, MI - $5 1902 Plain Back Fr. 609 The Merchants & Miners NB Ch. # 12387
Small notes from here are often available, but large examples are quite another matter. Very Good-Fine, the paper a bit toned but by no means unacceptable.
Ishpeming, MI - $20 1902 Plain Back Fr. 659 The Miners NB Ch. # 5668
This is an attractive Upper Peninsula example bearing a much collected occupational title. The officers signatures are still quite legible. Very Fine, with a small light stain or two mentioned for the sake of accuracy.
Ithaca, MI - $10 1902 Plain Back Fr. 624 The Ithaca NB Ch. # (M)6485
A tougher bank with just eight large notes in the census. Very Good+, with clear signatures.
Kalamazoo, MI - $5 Original Fr. 397 The Michigan NB Ch. # 1359
An exciting note for the many collectors of Kalamazoo nationals. This pretty Original Series Five is one of a scant nine notes reported for this bank, which are not nearly enough to go around. Evenly circulated with nice color and strong signatures, it has been encapsulated by PMG as Very Fine 20.
Kalamazoo, MI - $5 1882 Brown Back Fr. 467 The Kalamazoo NB Ch. # 3211
Kalamazoo has always been a well collected location, and this is one of just three $5 Brown Backs known from this issuer. Pen signed Fine.
Laurium, MI - $5 1902 Plain Back Fr. 600 The First NB Ch. # 8598
An evenly circulated Fine example from this Houghton County bank. It has been some time since a large note from here was available at auction.
Marshall, MI - $10 1882 Brown Back Fr. 482 The First NB Ch. # 1515
A very scarce early note from this community's only collectible issuer. The census shows just two Brown Backs extant from here, with this pen signed example by far the nicer of the pair. Very Fine.
Mason, MI - $5 1929 Ty. 1 The Dart NB Ch. # 12697
This was the only denomination issued by this private name bank. Fine, signed by D.C. Dart as Cashier and R.S. Dart as President.
Menominee, MI - $10 1902 Plain Back Fr. 624 The First NB Ch. # (M)3256
The paper is attractive for the grade and retains quite a bit of crispness. Very Fine, with a deep blue overprint.
Millington, MI - $5 1902 Plain Back Fr. 600 The Millington NB Ch. # 8723
A gorgeous Third Charter note with everything a collector could desire, including cavernous original embossing, crackling fresh white paper, inks as bright as the day they were applied, and bold pen signatures. A single digit serial number simply enhances the package. Gem Crisp Uncirculated.
Muskegon, MI - $10 1902 Plain Back Fr. 627 The Hackley NB Ch. # (M)4398
A lovely note which appears uncirculated until closely examined. It displays exceptionally bright white paper, vivid inks, and bold purple signatures, making it one of the nicest large notes we've seen from Muskegon. Extremely Fine-About Uncirculated.
Norway, MI - $10 1902 Plain Back Fr. 624 The First NB Ch. # 6863
Although just over a dozen large size are reported on this Dickinson County bank, this is our first offering in almost ten years. One of the fourteen in the census, it is a well circulated but solid Very Good piece that retains a nice appearance.
Paw Paw, MI - $5 1882 Brown Back Fr. 468 The First NB Ch. # 1521
A great $5 Brown Back which combines a desirable town name, a neat layout, and enough rarity to matter. The third party service has noticed a "Minor Margin Tear" which affects nothing. Pen signed PMG Very Fine 25, very likely to see bidding reach or even exceed...
Petoskey, MI - $10 1882 Brown Back Fr. 490 The First NB Ch. # 5607
This pleasing PMG Very Fine 20 Brown Back comes from the sole issuer in Emmet County at the very northernmost section of the Lower Peninsula. The pen signatures are bold and the color is bright on this evenly circulated example.
Pontiac, MI - $5 1902 Plain Back Fr. 606 The NB of Pontiac Ch. # (M)11549
An extremely rare bank which was in existence for only a bit more than three years from December of 1919 through February of 1923. Just four notes make up the entire census, and all of those examples grade Fine or less. This newly discovered example, offered here for the first time to the numismatic community, is easily the finest note available to collectors from this short lived issuer. Expect it to bring somewhat in excess of the De Good collection specimen, which realized $1725 in early 2007. Sharp Very Fine, with bold jet black signatures.
Port Huron, MI - $10 1902 Plain Back Fr. 627 First NB & TC Ch. # 4446
The last of three titles used by this Port Huron bank. Bright Very Fine, with engraved signatures.
Richmond, MI - $10 1902 Plain Back Fr. 632 The First NB Ch. # 10742
A very scarce bank in large size, with a miniscule $650 outstanding in large by 1935. The census stands at just six pieces, including this attractive example. This was the sole denomination issued by this Macomb County bank, with this specimen off the market since it last sold in our January, 2001 auction. Pen signed Fine-Very Fine.
Romeo, MI - $10 1902 Plain Back Fr. 631 The Citizens NB Ch. # 2186
While small notes from this interestingly named community are quite common, even in high grade, large examples are quite scarce, with the last Plain Back from Romeo realizing $2160 in our September, 2004 auction. That note graded Extremely Fine, a bit better than this piece, but not all that much better, as this note is an evenly circulated pen signed Very Fine specimen. Expect to see bidding reach the area of...
Saint Joseph, MI - $1 Original Fr. 382 The First NB Ch. # 1866
An exceptionally rare ace from a bank which issued First Charter notes only before liquidating in 1881. By 1910, a miniscule $586 was outstanding. The census shows three notes known, with this one of that trio. The paper here is a bit aged, and the seal has faded, although it it still visible. Interestingly, the bank serial, the Treasury serial, and the officer's signatures are utterly unaffected. Very Fine, rare enough to see bidding likely reach and perhaps well exceed...
Saint Joseph, MI - $10 1882 Brown Back Fr. 490 The Commercial NB Ch. # (M)5594
An attractive mid-grade Brown Back that is the only example of its type and denomination in the census for this Berrien County bank. The signatures are dark and the overprint bold on this example. The only detracting factor is a hardly noticeable repair to the bottom right corner tip. Bright Fine-Very Fine.
Union City, MI - $20 1882 Date Back Fr. 553 The Farmers NB Ch. # (M)2372
Only five notes are known from this rare Union City bank which went out in 1911, including this Date Back $20. Fine.
Wakefield, MI - $10 1929 Ty. 1 The First NB Ch. # 11305
A lovely example which is the only series 1929 note in the Track & Price census to grade higher than Very Fine. There is some handling evident, but to grade this well margined piece any lower than Choice Crisp Uncirculated would be an injustice.
Watervliet, MI - $10 1902 Plain Back Fr. 631 The First NB Ch. # 10498
A scarce bank in large size, with just five such examples reported in the census. This well circulated example is among them. Very Good, with one fairly long tear.
Watervliet, MI - $5 1929 Ty. 1 The First NB Ch. # 10498
A most attractive example that is very near the top of the condition census for this Berrien County bank. Just some light handling is seen on this well embossed example. About Uncirculated.
Alexandria, MN - $5 1882 Date Back Fr. 537 The Farmers NB Ch. # (M)5859
A lovely example with the brightness and appeal of a note fresh from the press. PCGS Very Choice New 64PPQ, kept from the gem class only because of its centering.
Biwabik, MN - $5 1902 Plain Back Fr. 600 The First NB Ch. # (M)8697
A very scarce note from the only bank to issue in this small Iron Range community. Only large notes were produced from here, with the census standing at just six pieces, including this PMG Fine 12 specimen.
Cannon Falls, MN - $10 1929 Ty. 2 The First NB Ch. # 13713
Although there are about a dozen notes reported on this scarce bank, there have been very few public appearances over the years, indicating that many of these notes are in very tight hands. Just honest wear is seen on this Very Good $10.
Cokato, MN - $5 1902 Plain Back Fr. 609 The First NB Ch. # 12395
The only denomination issued in large size by this tough Minnesota bank. This was the only bank in town, and, with a large size outstanding totaling only $320, it might be some time before another specimen becomes available. Fine.
Eveleth, MN - $10 1929 Ty. 2 The First NB Ch. # 5553
This small community is best known for the presence of extensive iron deposits. Plenty of original embossing remains on this bright Very Fine-Extremely Fine example that has just one fold too many for the XF grade. Just 13 small size are in the census and this piece is the first Type Two $10 to be reported. A couple of staple holes in the bottom margin are mentioned just for the sake of accuracy.
Starbuck, MN - $5 1902 Plain Back Fr. 601 The First NB Ch. # (M)9596
The stamped signatures are still strong on this nice Very Fine example from a bank well known for the Ella Overby hoard.
Waconia, MN - $5 1902 Plain Back Fr. 606 The First NB Ch. # 11410
An old friend that we last offered to the collecting fraternity in 1996 and the last large size to appear at public sale on this rare Carver County bank. This example has seen its fair share of circulation and acquired some splits and pinholes but is still very presentable. It is just one of five large size reported in the latest census. Very Good.
Winthrop, MN - $10 1902 Plain Back Fr. 624 The First NB Ch. # (M)7014
A rare Minnesota bank with just four large size in the census including this example, the only $10. The paper retains decent snap despite the level of circulation that has resulted in some edge roughness and soiling, particularly on the back. However, the signatures are still strong and the overprint bold.
Canton, MS - $10 1929 Ty. 2 The First NB Ch. # 6847
Four light folds are found on this embossed Very Fine-Extremely Fine example from the only note issuing bank in Madison County.
Hattiesburg, MS - $20 1929 Ty. 1 The Commercial NB Ch. # 12478
By far the scarcer of the two Hattiesburg banks which issued Series 1929 examples. Pleasing Fine-Very Fine.
Moss Point, MS - $20 1929 Ty. 1 The Pascagoula NB Ch. # 8593
This is a problem-free $20 for the grade from a bank with a local flavor name. Pascagoula means "bread people" in the Mobilian language. Fine.
West Point, MS - $10 1929 Ty. 1 The First NB Ch. # 2891
Although this Clay County community had but a single National Bank, small size notes from this institution are not rare. This one, however, is a beautiful high grade Choice Crisp Uncirculated example.
California, MO - $1 Original Fr. 382 The Moniteau NB Ch. # 1712
This bright and well printed example of this classic hoard note. It has been encapsulated by PMG, which has assigned a grade of Choice Uncirculated 64 EPQ.
California, MO - $1 Original Fr. 382 The Moniteau NB Ch. # 1712
Another most attractive example of this classic hoard note. Grading PMG Choice Uncirculated 64 EPQ, a premium note displaying loads of eye appeal.
Kansas City, MO - $1 Original Fr. 382 The Commercial NB Ch. # 1995
First charter notes from this community have been notoriously tough to come by as its early banks were in existence for only a brief period of time. This institution was no exception, as it operated from 1872 until 1878. While this example shows a few signs of aging and has a closed split in the bottom margin, the signatures are bold and the note has a very bright appearance. This is one of only two notes known from this institution, with the other graded "Poor" and never having appeared at public sale. Very Fine.
Kansas City, MO - $50 1902 Date Back Fr. 668 The First NB Ch. # (M)3456
Twelve examples for this type and denomination are enumerated in the Track & Price census. The printed signatures are still bold on this evenly circulated example. Fine-Very Fine.
Kansas City, MO - $50 1902 Plain Back Fr. 676 The First NB Ch. # 3456
A perfect Plain Back $50 for any circulated type set. Evenly circulated Fine, with a close bottom margin. The note has a considerable number of pinholes, but they are not visible at all until the note is candled (held up to a light source).
Lamar, MO - $20 1929 Ty. 1 The First NB Ch. # 4057
This crispy Very Fine is from the only bank to issue the 1929 series from this Barton County location. Of the two denominations printed from here the $20 denomination saw the smaller print run, with only 276 sheets versus 1079 for the $10. Just an even dozen small size are now reported. A very light stray ink mark on the face is mentioned for the sake of accuracy.
Neosho, MO - $10 1902 Plain Back Fr. 624 The First NB Ch. # 6382
This is a quite presentable example from this scarce bank in rural Newton County. A scant eight large size are reported in the census with this evenly circulated Very Good-Fine $10 a new addition. The stamped signatures are still legible and the note is problem free except for honest wear.
Saint Louis, MO - $1 Original Fr. 380 The NB of the State of Missouri Ch. # 1665
A scarce early St. Louis bank which issued First Charters only before entering receivership in 1877. Although a fair number of notes are recorded in the census, offerings from here are rather sparse, with Track & Price showing none since January of 2003. Very Fine, with a bit of paper aging and a few well executed repaired splits.
Saint Louis, MO - $10 1882 Date Back Fr. 545 The State NB Ch. # (M)5172
The printed signatures are still dark on this moderately circulated Date Back that faces up as a nice VF but has more evidence of circulation on the back. It is a pleasing mid-grade example of the type. Close observation does reveal a couple of pinholes. Fine-Very Fine.
Saint Louis, MO - $5 1902 Plain Back Fr. 608 The Security NB Savings & TC Ch. # 12066
Fives only were issued by this better St. Louis bank that is much scarcer in large size rather than small. This fully margined Very Fine-Extremely Fine example is easily toward the top of the condition census from this institution.
Baker, MT - $20 1902 Plain Back Fr. 656 The First NB Ch. # (W)10443
A very rare bank with just four notes listed in the census and just two public offerings in the past fifteen years. Pen signed Fine, with a few pinholes which affect nothing.
Billings, MT - $10 1929 Ty. 1 The Midland NB Ch. # 12407
Original paper surfaces and embossing are traits of this Very Fine+ $10.
Chinook, MT - $10 1929 Ty. 1 The Farmers NB Ch. # 10053
Although well circulated, this serial number two example has withstood the test of time. Very Good.
Harlowtown, MT - $20 1902 Plain Back Fr. 658 The Farmers NB Ch. # (W)11085
A wonderful Montana note that is clearly the finest reported large example from this rare Wheatland County bank that closed its doors in 1930. This is a beautiful piece with evident original embossing, bright paper and a vibrant overprint. Low serial number 88 is an added bonus. If you desire the best for your collection, you won't pass this note by. CGA Extremely Fine 45, a grade which seems entirely appropriate to us.
Missoula, MT - $10 1929 Ty. 1 The Western Montana NB Ch. # 3995
This example is well circulated but problem free for the assigned grade. Montana is a tougher state, and collectors who want an example from each state often find one from The Big Sky State toward the end of their efforts. Family members J.W. and F.T. Sterling are the bank officers. Very Good.
Bayard, NE - $10 1929 Ty. 1 The First NB Ch. # 9666
While the census shows more than a fair number of notes known from this one bank location, Track & Price shows only two offerings of any kind from here since 1997, one of them this very note. Fine.
Cozad, NE - $10 1902 Date Back Fr. 619 The First NB Ch. # (W)4165
An incredible new discovery that raises the number of reported notes on this rare Nebraska bank to a grand total of two. Prior to this Date Back surfacing, a lone Brown Back was the only known surviving note on this obscure bank that went out in 1915. Best of all, this example is a pleasing evenly circulated note that retains delicate pen signatures and has been graded by PMG as Fine 12. Any estimate is pure conjecture in this market driven by the great demand for rarities but it should end in the range of...
Fairfield, NE - $5 1882 Brown Back Fr. 469 The First NB Ch. # 3493
This is an outrageously rare note from an obscure Clay County community. The only note issuer in town, it opened in 1886, issued a handful of $5 Brown Backs for eight years, and then closed its doors during the agricultural depression of 1894. As of 1910, just $235 was left outstanding. This is one of just two notes reported from this town, and it is a well circulated Very Good with good body and bright inks for the grade. The other note in the census is listed as Good, and realized $6440 in its only auction appearance back in 2004. The signatures are still quite bold and the color and appearance outstanding for the grade, which certainly adds to this rare note's appeal.
Holdrege, NE - $5 1882 Brown Back Fr. 471 The United States NB Ch. # 4345
A unique note bearing this bank's first title, used on Brown Backs only until 1904. This newly discovered piece is the ultimate "Forbidden Title" example, as only one collector can ever hope to achieve a complete set of these notes with this the only specimen extant from this institution. Pen signed Very Good-Fine, with a couple of tiny repairs at the top that affect nothing.
Nebraska City, NE - $10 1902 Red Seal Fr. 613 The Otoe County NB Ch. # (W)1417
While this is a common enough bank in large size with seventy-five pieces reported, many of which are uncirculated, only one of that number is a Red Seal. This specimen is new to the census, and raises the number of known Red Seals from this small community to two. Pen signed Very Good+, with excellent color for the grade.
Neligh, NE - $20 1929 Ty. 1 The NB of Neligh Ch. # 13568
A more than acceptable example from this none too common bank. Fine-Very Fine.
Newman Grove, NE - $10 1902 Plain Back Fr. 633 The First NB Ch. # 5282
A seldom offered bank in large size, with this bright Very Fine one of the better known examples.
Oakland, NE - $5 1902 Plain Back Fr. 602 The First NB Ch. # (W)4610
This institution was the first of two to issue notes from this Burt County locale. Plenty of crispness remains in the paper of this bright Fine-Very Fine example that has just too many folds on the back for the full VF grade. The signatures are still strong on this piece that has picked up a few negligible ink spots.
Oakland, NE - $5 1929 Ty. 1 The First NB Ch. # 4610
The embossing is strong on this bright serial number 1 note that was obviously saved but not until after suffering a light horizontal fold. There are some small spots of glue residue that affect nothing. About Uncirculated.
Oakland, NE - $10 1902 Plain Back Fr. 626 The Farmers & Merchants NB Ch. # (W)10022
This bank is somewhat the scarcer in large of the two issuers from this Burt County community. Fine, with even margins all around and dark officers' signatures.
Superior, NE - $20 1929 Ty. 2 Security NB Ch. # 14083
While 24 notes are reported on this late chartered institution, according to Track & Price, none has appeared at public sale for the past three years. Traces of embossing remain on this bright Very Fine which presents an opportunity for the 14000 Charter collectors.
Wisner, NE - $5 1882 Brown Back Fr. 471 The First NB Ch. # 4029
An attractive $5 Brown Back with good color and eye appeal for the grade. Pen signed Fine+++.
Wood River, NE - $10 1902 Date Back Fr. 618 The First NB Ch. # (W)3939
This is a high grade Choice About Uncirculated example of this common but popular note. The blue signatures are clear, but they have bled onto the reverse. A tiny bit of foxing is also noted as well.
Farmington, NH - $10 1902 Plain Back Fr. 628 The Farmington NB Ch. # 2022
A lovely example from the only bank to issue large notes in this Strafford County community. More than six years have passed since any large note was offered from here, according to Track & Price, and almost twenty years have passed since this specimen was last on the market. Bright Very Fine-Extremely Fine, with bold red stamp signatures.
From The Collection of Albert Rollins
Franklin, NH - $10 1882 Date Back Fr. 545 The Franklin NB Ch. # (N)2443
A lovely note which comes from a small run of about ten pieces, all of which have been graded AU or CU in the past. We will take the conservative position here and call this bright and most attractive Date Back About Uncirculated. We sold a similarly graded example from this bank for $3105 nearly four years ago, and would expect a similar, if not a bit higher, realization for this specimen today.
From The Collection of Albert Rollins
Franklin, NH - $10 1882 Date Back Fr. 545 The Franklin NB Ch. # (N)2443
A second $10 Date Back from this none too common New Hampshire bank. Pen signed Very Fine, a nice opportunity for the underbidders on the preceding lot.
Hanover, NH - $5 1929 Ty. 2 The Dartmouth NB Ch. # 1145
A perfectly centered and utterly fresh example bearing low serial number A000009, an absolute peach of a note. Gem Crisp Uncirculated.
From The Collection of Albert Rollins
Milford, NH - $5 1902 Plain Back Fr. 598 The Souhegan NB Ch. # (N)1070
This note was reported so long ago that it was recorded without a grade. We can confidently give this note a grade of Very Fine. The signatures are excellent, the paper is bright, and the blue overprint is dark.
From The Collection of Albert Rollins
Newport, NH - $20 1882 Brown Back Fr. 496 The Citizens NB Ch. # (N)3404
This $20 Brown Back is as nice as any Brown Back on this bank that is listed in the census as crossing the auction block. We sold a VF $10 Brown Back on this charter number for $1955 in September 2007. Extremely Fine.
Newport, NH - $5 1902 Plain Back Fr. 599 The Citizens NB Ch. # 3404
A lovely pen signed example which has plenty of eye appeal. Bright Choice Crisp Uncirculated, a piece which has been off the market since it was obtained by our consignor in our 1999 Florida sale.
From The Collection of Albert Rollins
Berlin, NJ - $5 1929 Ty. 2 The Berlin NB Ch. # 9779 Uncut Sheet
This is the only Type 2 uncut sheet in the census for this bank. This serial number 7-12 sheet has the look of once being framed and displayed at the bank. The corners and edges show a bit of wear and there is some glue residue on the back. The black bank title, charter number, and officer lithographed signatures are a bit lighter than they could be, which is more obvious on the left side of the sheet. A fold is also found through the second through fourth notes. Extremely Fine.
Carteret, NJ - $20 1929 Ty. 2 The First NB Ch. # 8437
A scarce note from a small community located opposite Staten Island, New York. This new to the census example is one of only two Type 2 twenties reported from here to date. About Fine.
Collingswood, NJ - $20 1929 Ty. 2 The Citizens NB Ch. # 13969
This is a scarcer high charter example from a tougher south Jersey bank. Grading Very Fine-Extremely Fine, this piece is a new addition to the census and is one of the finest known. It has bright paper and traces of original embossing.
Dover, NJ - $20 1902 Date Back Fr. 646 The National Union Bank Ch. # (E)2076
Not the scarcest bank around with 21 large size in the census, but this is first opportunity we have had to offer an example on this bank in 10 years. Bright for the assigned grade, the signatures are still strong but the margins have been trimmed and there is some translucence in the bottom margin. Very Good-Fine.
Madison, NJ - $5 1902 Plain Back Fr. 608 The First NB Ch. # 2551
The stamped signatures remain strong on this scarce issue. Very Fine, and problem free for the grade.
Millville, NJ - $10 1929 Ty. 1 The Mechanics NB & TC Ch. # 5208
A new addition to the census, this note carries the much scarcer second title of this New Jersey bank which presently has a paltry six notes reported. It is a well circulated but intact Very Good that should be of great interest to the many avid collectors of the Garden State.
Montclair, NJ - $10 1929 Ty. 1 The First NB Ch. # 9339
This New Jersey serial number 1 example is well centered, fresh, and altogether appealing. PMG Choice Uncirculated 64.
Red Bank, NJ - $10 1902 Plain Back Fr. 631 The Second NB & TC Ch. # 2257
A note from this bank's rare second title which was necessitated when the Comptroller of the Currency allowed national banks in the mid 1920s to get into the trust business. This bank only issued large size $10s under this title utilizing the seldom used 4x10 sheet format. While large notes from this well collected Monmouth County institution are rather common bearing this bank's first title, second title large notes are seldom available, with the census standing at only a half dozen pieces. The stamped signatures are still strong on this Fine+ example.
Somerville, NJ - $5 1882 Date Back Fr. 534 The Second NB Ch. # (E)4942
An exciting New Jersey discovery offered here to the collecting public for the first time. This is a very tough bank in large size, with the last public offering of any such example coming almost seven years ago and the last offering of any early note occurring in 1995. This is the only Date Back of any denomination known from here. Fortunately for collectors, it is an attractive example with good color and body and boasting a neat layout as well. Fine-Very Fine.
Swedesboro, NJ - $10 1929 Ty. 2 The Swedesboro NB Ch. # 2923
This Very Fine note was issued by the only federally chartered bank in town. Despite its seemingly available population of around 40 1929 examples, it is surprisingly difficult to locate notes from here, indicating that they are closely held.
Clayton, Territory of NM - $5 1882 Brown Back Fr. 477 The First NB Ch. # (W)5713
This is one of six territorial examples known from Clayton, a small community in Union County in the northeastern corner of the state. While not as nice as the $20 Territorial grading Extremely Fine-About Uncirculated which realized $29,900 last year, this specimen is a nicely printed and quite bright piece which easily merits the Fine-Very Fine grade. With even the most common of Indian Territory or Oklahoma Territorials now five figure items, expect this considerably scarcer New Mexico example to easily reach and likely exceed...
Las Cruces, NM - $10 1929 Ty. 1 The First NB Ch. # 7720
A gorgeous new to the census example which is easily the finest known Series 1929 example reported from this rare one bank community. Bright Extremely Fine-About Uncirculated, considerably closer to the higher grade than the lower.
Melrose, NM - $10 1902 Plain Back Fr. 628 The First NB Ch. # 8397
This is a truly rare bank in large, with the census showing just eight such examples. This piece is new to that listing, having come from the long hidden Kansas City collection, most of which has been off the market for forty years. Decent Very Good-Fine, with a small tear into the left margin more than offset by the two color signatures.
Melrose, NM - $20 1929 Ty. 2 The First NB Ch. # 8397
A very scarce bank which was not found in the Irish collection in small size. Fine-Very Fine, with only a bit of soiling on the reverse taking the note from the full Very Fine grade.
Portales, NM - $10 1902 Plain Back Fr. 634 The First NB Ch. # (W)6187
Small size examples from here are not terribly scarce, but large notes from this one bank community are extremely hard to obtain, with the census standing at just one Territorial and six state issue specimens. This is one of the nicer examples in that group, grading Fine+ with good signatures and lots of eye appeal. Expect a realization in the area of...
Santa Fe, NMT - $1 Original Fr. 382 The First NB Ch. # 1750
A new to the census Territorial ace that is evenly circulated and has retained plenty of color for the grade. It joins a census of fewer than a dozen Original Series aces known from this bank, with this example easily in the top half of the grade scale. Fine-Very Fine, with a small repaired split and a tiny nick in the top margin that is barely worthy of mention.
Santa Fe, NMT - $1 1875 Fr. 383 The First NB Ch. # 1750
This is a significant albeit underappreciated Territorial rarity, as the only known Series 1875 $1 Territorials come from this institution. A mere five examples are listed in the census, all grading Fine or lower. This specimen is new to that group, raising the total of recorded 1875 Territorial aces to six. It is, like several of its compatriots, quite well circulated, with more than a few pinholes and the usual edge nicks and splits common to the grade, but the color is still decent despite the wear and the signatures still quite legible. Very Good, desirable enough to see bidding reach or exceed...
Andes, NY - $5 1902 Plain Back Fr. 606 The NB of Andes Ch. # 11243
A very scarce bank in both large size and small, with the Kelly census showing just six large examples extant. From a small Delaware County hamlet, this pleasing Extremely Fine-About Uncirculated example displays original embossing, vibrant ink colors and bright paper with just light handling.
Brooklyn, NY - $5 1902 Date Back Fr. 590 The Nassau NB Ch. # (E)658
Very little circulation is observed on this bright example from a large only Brooklyn bank. The colors are vibrant and the signatures strong on this PMG Choice Extremely Fine 45 example.
Brooklyn, NY - $100 1902 Plain Back Fr. 698 The Nassau NB Ch. # 658
One of just four Plain Back hundreds known from Brooklyn. This piece has been graded Fine 12 by PMG.
Brooklyn, NY - $10 1902 Red Seal Fr. 613 The First NB of the City of Brooklyn Ch. # (E)923
A spectacularly lovely serial number 1 Red Seal from one of the most avidly collected locations in the country. This is one of only two serial number 1 Red Seals known from Brooklyn, and the nicer of the pair. It is utterly original, displaying its full as-made embossing and only the barest traces of light handling. The red overprint is as vivid as the day it was applied at the Bureau, and the signatures as dark and lovely as the day the note was signed at the bank. Very Choice Crisp Uncirculated, a real peach of a note worthy of entering the very finest of collections.
Brushton, NY - $5 1902 Plain Back Fr. 600 The First NB Ch. # 9643
Just four large notes (along with two small) make up the entire census from this tiny Franklin County institution, the only issuer here. Brushton is just a wide spot in the road on Route 11 in northern New York and has had no banking facilities since this institution closed in 1931. Bright white paper, a vivid blue overprint, and lovely two color signatures are found on this Very Fine+ example that is signed as a bonus by C.E. Brush as Vice President, scion of the family which settled this small community in 1835.
Buffalo, NY - $5 1902 Date Back Fr. 590 The Marine NB Ch. # (E)6184
Bright surfaces are still seen on this crisp PCGS Very Fine 35 piece with deeply stamped officers' signatures. It also has a very unusual cut as the bottom margin is tight and a substantial portion of the note above on the sheet is included with this note.
Chappaqua, NY - $20 1929 Ty. 1 The Chappaqua NB Ch. # 12746
A very much in demand note from one of Westchester county's most upscale suburbs, now the home of Senator Hillary Clinton. Choice Crisp Uncirculated, a peach of a note bearing serial number C000002A.
Cooperstown, NY - $20 1929 Ty. 2 The First NB Ch. # 280
This is a lovely embossed note that is Gem Crisp Uncirculated with pinholes. We have seen gems on this charter number go for over $850 each.
Dolgeville, NY - $10 1902 Plain Back Fr. 624 The First NB Ch. # (E)6447
A scarce Herkimer County bank with just eleven large notes, including this example, in the new census. Nice Extremely Fine.
Fairport, NY - $20 1929 Ty. 2 The Fairport NB & TC Ch. # 10869
A more than decent Type 2 example which is fully equal to the note from here which realized $488.75 in our January sale. Very Fine.
Forestville, NY - $5 1902 Plain Back Fr. 604 The First NB Ch. # 10444
A simply beautiful example displaying every attribute a collector could desire, including the top selvage. This specimen is utterly original, with cavernous embossing, bright white paper, and pen signatures that appear to have been applied this morning. The bottom margin is a touch narrow, but only the most rigorous margin freaks would dispute the grade of Gem Crisp Uncirculated for this flawless note.
From The Collection of Albert Rollins
Forestville, NY - $5 1902 Plain Back Fr. 604 The First NB Ch. # 10444
A lovely example from this small Chautauqua County bank. It is difficult to see any evidence of handling through the third party holder. PMG Choice About Uncirculated 58 EPQ.
Forestville, NY - $5-$5-$5-$5 1902 Plain Back Fr. 604 The First NB Ch. # 10444 Uncut Sheet
This makes the fourth large uncut sheet known on this charter number, whose president was Roscoe B. Martin, a well known coin collector who also served as an official of the ANA for many years. The other three sheets known from this institution show the signatures of C.A. Knapp as cashier, and Robert D. Rider as assistant cashier, while the present sheet appears to have never been signed by the cashier. The bright paper is perfectly original with strong embossing of the charter number and the overall sheet displays some light handling and a few folds. This is a great sheet for the collector wanting either a New York sheet or just one to represent the entire genre. Extremely Fine-About Uncirculated.
Forestville, NY - $10 1929 Ty. 1 The First NB Ch. # 10444
An attractive serial number 1 note from this popular Chautauqua County institution. A tight left margin and an old sheet fold in the bottom margin that can only be seen on the back prevent a Choice grade for this well embossed example. Crisp Uncirculated.
Gainesville, NY - $10 1882 Brown Back Fr. 490 The Gainesville NB Ch. # (E)5867
An extremely rare western New York note from this community's sole issuing bank. The census shows just two Brown Backs, this ten and a twenty, and one 1882 Date Back as the only early notes known from here. This example has bright colors and sharp pen signatures. Very Fine.
Goshen, NY - $20 1902 Plain Back Fr. 650 The NB of Orange County Ch. # (E)1399
A tougher bank in large size, with fewer than the expected number of offerings from Orange County's quaint county seat. Fine, with clear signatures.
Gouverneur, NY - $20 1882 Value Back Fr. 581 The First NB Ch. # (E)2510
The only $20 Value Back known on this St. Lawrence County bank according to the new Kelly census. Your cataloger remembers many a trip through this snowy little town during his college days. This example is a well circulated but intact Very Good.
Great Neck Station, NY - $5 1902 Plain Back Fr. 609 The First NB of Great Neck Ch. # 12659
This scarce Nassau County note bears one of the longest titles used on any National Bank Note, and comes from a very scarce and much in demand bank as well. The stamped signatures have held up well on this Very Good example that has some paper clip rust as well as some graffiti on the back.
Herkimer, NY - $10 1902 Plain Back Fr. 632 The Herkimer NB Ch. # 5141
This Very Good note is from a community in New York's historic Mohawk Valley. The stamped signatures, while somewhat faded, are still present.
Homer, NY - $10 1929 Ty. 2 The Homer NB Ch. # 3186
Although the population would suggest otherwise, it has been over five years since any Series 1929 example has been offered at public sale from this Cortland County bank. Very Good-Fine, with a small paper clip stain visible only on the back.
Ilion, NY - $5 1882 Brown Back Fr. 470 The Ilion NB Ch. # 1670
A scarce $5 Brown Back which is one of only three such examples reported from this institution to date. Well circulated Very Good, with fully legible pen signatures.
Kingston, NY - $1 Original Fr. 380 The National Ulster County Bank Ch. # 1050
The census reveals that this example is one of only three known Aces from this bank. Extremely Fine, with a small hole in the signature caused by ink erosion. The surfaces are bright and the folds are light.
Livonia, NY - $5 1902 Plain Back Fr. 609 The Stewart NB Ch. # 13006
A significant note from a small bank that was the sole issuer in this Livingston County community in western New York. The total issue from here in large was only slightly more than $75,000, of which a miniscule $380 remained extant in 1935. Surprisingly, about half a dozen notes have survived but their public offerings are few and far between. The officers' ink signatures remain fully intact and the colors are vibrant on this PCGS Very Fine 35PPQ example.
Mahopac, NY - $10 1929 Ty. 2 The Mahopac NB Ch. # 13121
An attractive Type 2 example from this much in demand Putnam County bank, which issued Series 1929 notes only. Very Fine.
Malone, NY - $1 Original Fr. 380 The NB of Malone Ch. # 914
A newly discovered example from a very rare New York bank which issued First Charter notes only before liquidating at the expiration of its charter in 1885. Just two examples are recorded in the census, a very well circulated deuce graded as "Good" which has been off the market for decades, and an ace in similar grade to this specimen which we sold for well over $6000 more than five years ago. Pleasing Very Fine, a note likely to realize considerably more today than it did back in 2003.
Moravia, NY - $5 1929 Ty. 2 The First NB Ch. # 99
A nicely centered and fully uncirculated example from this low charter bank. Choice Crisp Uncirculated, with just a bit too much handling to merit the full Gem grade.
Mount Vernon, NY - $10 1882 Brown Back Fr. 490 The First NB Ch. # (E)5271
Although this is not a terribly rare bank, early notes are seldom encountered from this sought after Westchester County issuer, with the census recording only an even half dozen Brown Backs of all denominations. It has been several years since the last offering of any Brown Back, with that example, which was lower grade than this, fetching almost $2200 in late 2004. Sharp Fine-Very Fine, a note most would grade Very Fine with little hesitation.
New York, NY - $5 1902 Plain Back Fr. 598 The First NB Ch. # 29
After close examination, a barely discernable center fold is found on this Choice About Uncirculated example from the Big Apple. This bank issued so many Third Charter $5s, that prefix letters A and B were added on the serial numbers for the later notes. This piece has prefix letter A and plate letter A6.
New York, NY - $10 1902 Red Seal Fr. 613 The First NB Ch. # (E)29
Well circulated, but the color on this Red Seal is surprisingly strong for the grade. Very Good.
New York, NY - $10 1902 Plain Back Fr. 624 The First NB Ch. # (E)29
A deeply embossed example that would slip quite easily into any collection of fully uncirculated Nationals. Upon close examination, a light corner fold is found resulting in the Choice AU grade. Expect a winning bid that will be in excess of the typical price paid for an AU note of this type and denomination. PMG Choice About Uncirculated 58 EPQ.
New York, NY - $50 1902 Date Back Fr. 667 The First NB Ch. # (E)29
Although this bank, one of the largest in the country, was a most prolific issuer, high denomination examples are unaccountably scarce, with the census showing just one fifty and two one hundred dollar Blue Seals comprising the entire Third Charter census from here. This attractive piece is a new entrant to that listing, and is one which is certain to please. Very Fine, with clear signatures.
New York, NY - $20 1902 Plain Back Fr. 650 The Second NB Ch. # (E)62
A very scarce type and denomination from this sought after low charter bank, with this the only $20 Plain Back reported to date. Nice Fine+++, with clear signatures and plenty of eye appeal.
New York, NY - $20 1882 Brown Back Fr. 494 The NB of Commerce Ch. # 733
A lovely $20 Brown Back which is perfect for any high grade type set. It bears the signature of well known financier J. Pierpont Morgan, who signs as V. President, and appears fully new until very closely examined. About Uncirculated.
New York, NY - $5 1882 Brown Back Fr. 467 The National Park Bank Ch. # 891
A lovely serial number 1 $5 Brown back which is the only serial number 1 example recorded from this bank. It is also from the "A" position signifying that a bank officer set this note aside when the bank made the transition to the Second Charter Period. This pen signed beauty has been carefully preserved over the years and is a gorgeous Choice Crisp Uncirculated, fit for the finest of collections.
New York, NY - $5 1902 Plain Back Fr. 598 The National Park Bank Ch. # 891
This is a delightful, lightly circulated note that retains traces of embossing. The National Park Bank issued over 999,999 sheets of 1902 $5s, becoming one of the few banks in the country that had to go to an "A" prefix tacked onto its later serial numbers for $5 notes. This $5 also carries a Q4 plate letter and it has engraved signatures. PMG About Uncirculated 50.
New York, NY - $5 Original Fr. 397 The Tradesmen's NB Ch. # 905
A gorgeous note with incredible color and great eye appeal. If the margins were just a bit more broad all around PMG would have easily assigned this lovely piece the full Gem grade. As it is, it's a perfect note to cover this much in-demand type in even the highest caliber of collections. PMG Choice Uncirculated 64 EPQ.
New York, NY - $1 Original Fr. 380 The Seventh Ward NB Ch. # 998
An attractive First Charter Ace with good color and nice body. PMG Very Fine 30.
New York, NY - $1 Original Fr. 380 The Seventh Ward NB Ch. # 998
Bright and with good color and signatures, making for a nice type example. Fine, with a few pinholes and a tiny split at the top that affects little.
New York, NY - $1 1875 Fr. 385 The Mercantile NB Ch. # 1067
Large size only from this New York City issuer that liquidated in 1912. The signatures are still strong on this well circulated Very Good Ace that has an internal split.
New York, NY - $20 Original Fr. 427 The National Mechanics Banking Assoc Ch. # 1075
A gorgeous Original Series $20 from a tougher New York City bank which issued First Charters only before liquidating in 1883. This has always been an underrated and rare type that is only now becoming better appreciated in today's more sophisticated market. Nice margins, great signatures, and bright colors are just some of the hallmarks of this pleasing note that has the potential for a runaway price. PMG Very Fine 25.
New York, NY - $50 1902 Plain Back Fr. 675 Bowery & East River NB Ch. # 1105
This high denomination example bears the third and final title under which this prolific issuer ordered notes. With this nomenclature only Third Charter Plain Backs came off the presses. While certainly not on a scarce issuer, this example bears a title which is unmistakably New York. Fine.
New York, NY - $5 1882 Brown Back Fr. 468 The Leather Manufacturers NB Ch. # (E)1196
A nice $5 Brown Back bearing a neat occupational title. Very Fine.
New York, NY - $5 1902 Date Back Fr. 590 The Citizens Central NB Ch. # (E)1290
Carrying the second of three titles used by this large only Big Apple bank, this is quite an attractive Date Back with strong signatures and vibrant colors. We heartily agree with the PMG grade Choice Extremely Fine 45. The third party service has also added the accolade, "Great Embossing."
New York, NY - $10 1902 Red Seal Fr. 613 The Citizens Central NB Ch. # (E)1290
An attractive Red Seal with bright colors, strong signatures, and plenty of eye appeal for the grade. Very Fine.
New York, NY - $5 1882 Brown Back Fr. 469 The Hanover NB Ch. # (E)1352
Nice margins, along with great signatures, are noted on this Very Good example from an institution that issued only large size notes.
New York, NY - $20 1882 Brown Back Fr. 496 The Hanover NB Ch. # 1352
An attractive $20 Brown Back with bold oversize signatures and loads of eye appeal. A few light folds hold back the grade on this Very Fine-Extremely Fine example.
New York, NY - $5 1875 Fr. 404 The Bank of New York National Banking Assoc Ch. # 1393
An unusually bright and flashy First Charter $5 from a closely grouped run listed in the census as either "AU" or "CU." The barest hint of a centerfold is faintly visible through the encapsulation surfaces of this certified PCGS Extremely Fine 40PPQ blessed with all the visual appeal and more of notes regularly bought and sold as a full grade or more higher than this conservatively graded example.
New York, NY - $5 1882 Brown Back Fr. 471 The American Exchange NB Ch. # 1394
A perfect type example for any collection of high end notes, with this well centered and brightly colored Brown Back carrying a PMG assigned grade of About Uncirculated 55.
New York, NY - $5 1875 Fr. 403 The Chase NB Ch. # 2370
Few first charter $5s boast the originality that this note has. The colors are excellent, the embossing ideal, and the margins ample enough for a full choice grade or better. There is however a bit of handling and a corner tip fold that accounts for the About Uncirculated grade.
New York, NY - $10 1882 Brown Back Fr. 485 The NB of North America Ch. # (E)4581
A PMG Fine 12 $10 Brown Back from an institution whose title suggests authority and financial stability, though the bank was destined to fail in 1908.
New York, NY - $10 1902 Plain Back Fr. 635 The Jamaica NB Ch. # 12550
A scarce Queens County bank with the census numbers somewhat skewed by the existence of two uncut sheets. If all you need is one note, however, this Choice Crisp Uncirculated example would certainly be acceptable, as it possesses powerful embossing, nice margins and wonderful color and signatures.
New York, NY - $10 1902 Plain Back Fr. 635 The Jamaica NB Ch. # 12550
Located in the borough of Queens in New York City, this barely circulated piece comes from a small run of high grade notes known on this bank. However, several are tied up in uncut sheets leaving very few single notes for collectors. The pen signatures are strong on this PMG Choice Uncirculated 58 example.
New York, NY - $5 1902 Plain Back Fr. 609 The Melrose NB Ch. # 12900 Uncut Sheet
This is an unreported sheet on this rare bank. The Melrose NB was not chartered until March 1926, giving it just a little over three years to issue large notes. Serial number 9 graces this well signed sheet that has folds between the notes and a small hole under "Ben. Harrison" on the A note. A couple of small edge nicks are noticed at the folds, but this is still an attractive and desirable sheet. Extremely Fine.
New York, NY - $5 1902 Plain Back Fr. 611 The Dunbar NB Ch. # 13237
A lovely example of this scarcer Friedberg number from one of only two black operated National Banks to issue. This institution was located in Harlem, and was originally capitalized by the Rockefeller family. Choice Crisp Uncirculated, bearing its full top selvage and low double serial number 17 as a bonus.
From The Collection of Albert Rollins
Newark, NY - $5 1882 Brown Back Fr. 466 The First NB Ch. # 349
A very scarce early type from this Wayne County issuer. This is one of only two Brown Backs of any denomination reported from here, with the other ensconced in a major New York holding. There is a bit of staining on the left side, but the note is fully intact and the pen signatures still visible. Fine.
North Creek, NY - $20 1902 Date Back Fr. 645 The North Creek NB Ch. # (E)9716
We've seen a fair number of Series 1929 examples from this one bank Warren County locale, but large notes from here are considerably tougher to locate, with the census standing at just four pieces, with this the only Date Back. It's been off the market since our consignor obtained it in the April 1977 Hickman-Oakes sale, where it was lot 121. Fine.
Nyack, NY - $10 1882 Value Back Fr. 576b The Nyack NB Ch. # (E)2378
This is a scarcer type from this much sought after Rockland County community. Only even wear is observed on this bright example that is problem free for the assigned grade. PMG Fine 12.
Old Forge, NY - $5 1902 Plain Back Fr. 606 The First NB Ch. # 10964
It has been over five years since any note from this community, known as "New York's icebox" due to its frigid winter temperatures, has been available at public sale. This is a high grade example which is as nice or nicer than any large note listed in the census to date. Very Fine.
Olean, NY - $10 1882 Date Back Fr. 544 The Exchange NB Ch. # (E)2376
A decent Second Charter Date Back which makes a nice type example. Evenly circulated Fine.
Oswego, NY - $10 1882 Brown Back Fr. 479 The First NB Ch. # 255
One of a small run of uncirculated or near uncirculated Brown Backs from this bank. The colors are bold, the pen signatures strong, the paper original, and the margins are nice. PMG appears to have been unduly harsh with their assessment of Extremely Fine 40.
Owego, NY - $10 1929 Ty. 2 The First NB Ch. # 1019
A tough Tioga County bank which is actually scarcer in small size than large. Bright Very Fine-Extremely Fine.
Owego, NY - $5 1902 Plain Back Fr. 598 The Owego NB Ch. # 2996
A high grade example which is certain to please. Bright Extremely Fine.
Palmyra, NY - $5-$5-$5-$5 1882 Brown Back Fr. 466 The First NB Ch. # 295 Uncut Sheet
This is a stunning Brown Back sheet with incredibly sharp colors, bright paper, pinpoint centering, and vanity signatures that are so bold that the ink is raised above the paper. This sheet also has the added benefit of workman's initials placed along the top margin, a procedure that was in effect for only a few years in the early 1900s. Other traits of the notes are the scarcer "stacked" Treasury signature style and the darkened charter numbers adjacent to the frame lines. Brown Back sheets are rare and New York reflects this with a total of a mere four listed in the Kelly census, with this example being the only $5 sheet known on the entire state. The folds between the notes affect nothing, as the notes themselves are all Very Choice Crisp Uncirculated. If you desire only the finest in uncut sheets, this is one to bring home tonight.
Port Jervis, NY - $5 1902 Plain Back Fr. 598 The First NB Ch. # 94
An attractive large example from this sought after low charter bank. Extremely Fine-About Uncirculated.
Potsdam, NY - $5 1902 Plain Back Fr. 606 The Citizens NB Ch. # (E)5228
Large notes are scarce from this better St. Lawrence County bank, with this specimen one of the nicest we've seen offered in recent years. Sharp Fine-Very Fine, with bright purple signatures.
Rome, NY - $5 1875 Fr. 404 The Farmers NB Ch. # 2410
A pleasing example of this of this type perfect for any mid-grade circulated set. Bright Very Fine+, with a very small bank stamp on the face and a touch of bleed-through on the reverse which sounds much worse than it actually looks.
Silver Creek, NY - $10 1929 Ty. 1 The Silver Creek NB Ch. # 10258
This western New York bank is always popular due to its colorful name. Bright paper and solid embossing are found on this attractive example. Choice Crisp Uncirculated.
Somers, NY - $5 1882 Brown Back Fr. 469 The Farmers & Drovers NB Ch. # 1304
This is an extremely scarce Westchester County bank which issued First Charters and Brown Backs only before liquidating in 1896. Just eight notes are listed in the census, a figure which dovetails nicely with the seven offerings at public sale we have recorded since 1944. The last offering from this bank came back in 2006, when an Extremely Fine Brown Back realized $10,925. This piece is an evenly circulated and quite attractive Very Fine, and should easily reach...
Springville, NY - $5 1902 Plain Back Fr. 598 The Citizens NB Ch. # 6330
An evenly circulated no-problems example from this scarcer Buffalo area bank. Fine.
Stapleton, NY - $5 1902 Plain Back Fr. 598 The Stapleton NB Ch. # 6562
Large notes only from this bank, located in avidly collected Richmond County, better known to New Yorkers as Staten Island. It's the first example from this institution to be offered at public sale since February of 2003. Unfortunately, it is hardly a thing of beauty, with an overall discoloration and several holes, including a fairly large chunk missing on the right side. Good, but better than the alternative, which is not owning a note on this issuer at all.
Ticonderoga, NY - $5 1882 Brown Back Fr. 471 The First NB Ch. # 4491
Tonight, we offer a true trophy note from the northern hinterlands of upstate New York. Ticonderoga, of course, is famous in American history as the site of one of our country's great military victories, when Ethan Allen and his Green Mountain Boys took Fort Ticonderoga, the citadel that the British thought was impregnable, denying the British control of strategic Lake Champlain. A century later, the First National Bank opened its doors in that historic village. However, the bank would liquidate in 1910 after just 20 years of existence and be succeeded by another institution. Until recently, the First National was represented in the census by a single mid-grade Brown Back. Now a second note has surfaced and what an encore - a gorgeous serial number 1 $5 Brown Back that is from the coveted "A" position - certainly a souvenir set aside by one of the bank's founding fathers. Carefully preserved for over 100 years, the note has received only light handling and has been graded by PMG as Choice About Uncirculated 58. A wonder note that will excite even the most jaded National Bank Note collector.
Troy, NY - $5 1882 Brown Back Fr. 467 The United NB Ch. # (E)940
A gorgeous $5 Brown Back with everything going for it, including super paper quality, vivid inks, two color pen signatures, and a spectacular layout found only on notes of this type and denomination. While the PMG holder mentions the word "Hinged", this cataloger was unable to find any evidence of circulation or other disturbance on this beautiful note. PMG Choice About Uncirculated 58.
Unadilla, NY - $20 1902 Plain Back Fr. 652 The Unadilla NB Ch. # 9516
A classic hoard note in high grade, with this piece just one sharp corner fold from New. Choice About Uncirculated.
Warrensburgh, NY - $10 1929 Ty. 2 The Emerson NB Ch. # 9135
A nice example from one of New York's scarcer private name banks. Fine-Very Fine, with the signature of Albert L. Emerson as Cashier. Mr. Emerson died of a heart attack in 1938 while walking to the bank one morning.
Watervliet, NY - $5 1902 Plain Back Fr. 598 The NB of Watervliet Ch. # (E)1265
Watervliet is located on the Hudson River just west of Troy and, until the dawn of the Twentieth Century, was appropriately named West Troy. An old time hoard note, now so well distributed that that years can go by without even a single offering from here. Bright PCGS Choice About New 55.
Waverly, NY - $10 1902 Plain Back Fr. 635 The Citizens NB Ch. # 12954
A very scarce bank in large, with a miniscule $980 outstanding by 1935. Just six notes are listed in the census, with this new to the listing item by far the finest in grade of the small number extant. Bright Very Fine.
Waverly, NY - $20 1902 Plain Back Fr. 661 The Citizens NB Ch. # 12954
A very scarce bank in large size, with this institution having but $980 outstanding in large notes in 1935. The turquoise signatures are still legible on this Fine example that is a new addition to the census of only six large examples.
Wayland, NY - $10 1902 Plain Back Fr. 632 The First NB Ch. # 5196
A decent large example from this small Steuben County bank. Fine, with a tiny bit of red ink in the margins.
White Plains, NY - $10 1929 Ty. 1 The Peoples NB Ch. # 12574
While not truly rare, notes from this bank, the sole small size issuer in the Westchester County seat, have always been in high demand. This piece has been off the market since it sold in our January 1998 Florida sale. Fine+, trimmed a bit close at the bottom.
Willsboro, NY - $10 1929 Ty. 1 The Essex County NB Ch. # 11971
This is one of the very rarest New York notes, coming from a bank in remote Essex County that has but three notes reported, one large and two small. It has been over twenty three years since any example from here has been offered at public auction, with the last auction appearance coming in the June, 1985 Hickman-Oakes Memphis sale. This new to the census piece offers New York collectors a rarely observed chance to add not only a new bank but a new town to their holdings. Fine+++, with a tiny edge split that affects nothing and is barely worthy of mention.
Greensboro, NC - $5 1902 Date Back Fr. 592 The Commercial NB Ch. # (S)9123
A wonderful new discovery from a bank which issued Date Backs only during its very brief existence of only three years. Despite decades of searching by every North Carolina collector since the 1950's, no notes from this bank were known until the startling arrival of this specimen, which made its way into a midwest coin shop earlier this year. In an era when National Bank Note discoveries from previously unknown banks are few and very far between, expect this evenly circulated and quite unique Fine rarity to shine tonight in its first offering ever to collectors.
Laurinburg, NC - $10 1902 Plain Back Fr. 633 The First NB Ch. # 5651
A just plain rare North Carolina note from the only issuer in this Scotland County hamlet. Just three large (and two small) examples are recorded from this one bank town, with this the first large note available at public sale for several years. About Fine.
Roanoke Rapids, NC - $10 1902 Plain Back Fr. 633 The First NB Ch. # 5767
Large notes only from this bank, with this example a well circulated but fully intact. Very Good.
Fargo, ND - $5 1902 Red Seal Fr. 588 The Merchants NB Ch. # (W)8170
This new to the market serial number 1 Red Seal from Fargo is being offered to the numismatic community for the first time, having been in the family of one of the note's signers for the past 102 years. It is one of three serial number 1 Red Seals known from this institution, and, according to Track & Price, is the only one to be available at public sale to the collecting public since its companion $5 note was offered in an Abe Kosoff auction in 1956. The other Fargo serial number 1 Red Seal (a $10 example) has been ensconced in a private collection for many years and has never been offered publicly to collectors. While the red overprint is not quite as bright as it could be, likely because of improper storage over the years, the note is fully new and has clearly never been circulated. We are calling it About Uncirculated due to an old sheet fold which can only be seen when viewed from the reverse. This is the first opportunity for collectors to purchase any North Dakota serial number 1 Red Seal at public sale since 1996, and we expect a realization for this truly rare item somewhere in the range of...
Fessenden, ND - $10 1929 Ty. 1 The First NB Ch. # 5408
This is the first time we have been able to offer a note from this scarce Wells County institution. The only note issuing bank in this community, there are only about a dozen small size reported. They must be tightly held as Track & Price records no auction sales in small size for this bank. This example is a bright Very Fine+, with plenty of original embossing remaining.
Grafton, ND - $10 1929 Ty. 1 The Grafton NB Ch. # 3096
This $10 comes from a run of high-grade examples on this bank, thus its importance to type collectors. The upper edge drifts close to the left frame line and there is a very small, light spot in the left margin. Crisp Uncirculated.
Kramer, ND - $10 1929 Ty. 1 The First NB Ch. # 8029
A very scarce North Dakota bank that only issued a handful of Type Ones in small size, with only about a half dozen notes reported. In fact, the last public sale of a small size on this rare institution was by Hickman & Oakes in 1984. Very Good-Fine.
Portland, ND - $5 1929 Ty. 1 The First & Farmers NB Ch. # 13594
Fives only from this rare Traill County bank that only issued small size after opening in 1932. Just a scant four notes are reported in the census and there have only been two public offerings in the past thirty years according to Track & Price. This is a moderately circulated Very Fine example that retains original embossing. However, it has picked up some staining on the face. Still, based on past experience, it may be many years before another opportunity comes along.
Arcanum, OH - $5 1882 Date Back Fr. 533 The First NB Ch. # (M)4839
Just honest wear is observed on this Fine Date Back that retains bold color and nice signatures. It bears the scarcer of the two titles used here.
Arcanum, OH - $5 1902 Plain Back Fr. 602 The First NB Ch. # 4839
If the Date Back above is not to your liking, this Very Fine Plain Back is certainly a worthy alternative.
Bellefontaine, OH - $1 Original Fr. 382 The Bellefontaine NB Ch. # 1784
The census lists only four First Charters extant from this Logan County bank. That includes this ace which is the second highest graded First Charter known. Nice pen-signed Fine+.
Bucyrus, OH - $10 1929 Ty. 2 The First NB Ch. # 443
A lovely Type 2 serial number 1 example which has been off the market for the past decade since it last appeared in our January, 1999 Florida sale. Fully embossed Very Choice Crisp Uncirculated, a real peach of a note.
From The Collection of Albert Rollins
Bucyrus, OH - $5 1882 Brown Back Fr. 467 The Second NB Ch. # (M)3274
This earlier $5 Brown Back has an artistic bank title layout to go with its "stacked" Treasury signature combination. This piece is a beautiful example that has been certified by PMG as Gem Uncirculated 65 with the accolade of "Exceptional Paper Quality."
Bucyrus, OH - $5 1882 Brown Back Fr. 467 The Second NB Ch. # 3274
Another wonderful example of this attractive $5 Brown Back. However, this time PMG has detected some evidence of light handling. After thorough examination, this cataloger has not been able to determine any detracting factors. Still, a beautiful piece. PMG Choice About Uncirculated 58EPQ.
Cincinnati, OH - $5 1882 Brown Back Fr. 477 The Citizens NB Ch. # (M)2495
This is a nice example of the type with dark signatures. It has the appearance of a higher grade with most of the fold evidence on the back. Very Fine.
Cincinnati, OH - $10 1882 Brown Back Fr. 490 The Citizens NB Ch. # (M)2495
This well margined and nicely centered piece would be ideal for a mid-grade type set. While it faces up as a full EF, this pretty note has just one too many light folds for that grade. Very Fine-Extremely Fine.
Cincinnati, OH - $10 1882 Date Back Fr. 545 The Citizens NB Ch. # (M)2495
An evenly circulated example which makes this a nice note to represent this type. Fine, with a few pinholes.
Cincinnati, OH - $5 1882 Date Back Fr. 537 The German NB Ch. # (M)2524
An attractive $5 1882 Date Back with a desirable ethnic title. PMG has graded this note Choice Very Fine 35 EPQ, which appears conservative in the extreme.
Cincinnati, OH - $5 1882 Date Back Fr. 537 The German NB Ch. # (M)2524
Bold color and bright paper are observed on this example bearing a popular ethnic name. PCGS has awarded this piece their "Premium Paper Quality" designation. PCGS Very Fine 30PPQ.
Circleville, OH - $5 1882 Brown Back Fr. 466 The Second NB Ch. # 172
While not an exceptionally rare bank, this new to the census example is the only early note known from this institution. Fortunately for collectors, it is a $5 Brown Back displaying a most interesting layout of a kind found only on the earliest notes of this type and denomination. There are a few minor splits along with a chip or two out of the borders, but the note is otherwise sound and the eye appeal here is unmistakable. Fine-Very Fine.
Columbus, OH - $10 1882 Date Back Fr. 545 The Hayden-Clinton NB Ch. # (M)4697
From one of the better Columbus banks, this is a scarcer type carrying that institution's second title. While about 25 large size are reported, only three are of this type and denomination. The signatures are still intact on this Very Good-Fine example.
Columbus, OH - $10 1882 Brown Back Fr. 487 The Ohio NB Ch. # (M)5065
Two members of the Kiesenwitter family signed this well circulated capital city note with jet black ink. Very Good.
Delaware, OH - $5 1902 Red Seal Fr. 587 The First NB Ch. # (M)243
This was the first bank chartered in this community and its most prolific issuer. The signatures are faint but legible on this evenly Red Seal that retains a bright red overprint. Fine.
East Liverpool, OH - $10 1882 Brown Back Fr. 487 The First NB Ch. # (M)2146
A circulated Brown Back from a one time center for the manufacture of ceramic ware. Gangster Pretty Boy Floyd met his end here in 1934. Very Good.
East Liverpool, OH - $5 1875 Fr. 405 The Potters NB Ch. # 2544
Serial number 1, an extreme rarity from both this state and the country as a whole. In the latest Kelly census, a total of only 63 number 1 First Charter $5s, both Original and 1875, are recorded, with just four from Ohio. Bright Fine-Very Fine, with a couple of heavy folds visible only on the reverse which have caused a couple of splits, none of which affects the appearance of the note.
Findlay, OH - $5 1882 Brown Back Fr. 466 The First NB Ch. # 36
If one picture is worth a thousand words, then the photo that accompanies this lot tells the whole story. This gorgeous note is about as good as it gets for collectors of fancy and unusual layouts. It's one of only two $5 Brown Backs known from this low charter bank, and displays the engraver's art at its best. This bank was missing from the Power collection offering, and we have never seen the one other $5 Brown Back listed in the census, although it is reported as lower grade than this outstanding example. Any estimate here is a mere guess, as notes of this caliber are so infrequently encountered these days, but we would not be at all surprised to see this PMG graded About Uncirculated 55 EPQ example easily reach and perhaps well exceed...
Fostoria, OH - $5 1882 Brown Back Fr. 466 The First NB Ch. # 2831
The Kelly census shows that there are only 16 #1 $5 Brown Backs enumerated on the Buckeye State with this 1-B example the only one on this charter number. This Fine+ example exhibits pleasing natural paper surfaces, ample margins, and lovely penned bank officer signatures. The note also has an interesting bank title layout. Luckily for the collectors of today, an observant person pulled this # 1 note from circulation 125 years ago.
Greenville, OH - $10 1902 Plain Back Fr. 624 The Farmers NB Ch. # (M)1092
We are pleased to offer in this sale two notes on this scarce Darke County bank that will bring the total census of large size to a mere even dozen notes. The signatures are still strong on this bright Fine-Very Fine $10 that has most of its fold evidence on the back. A few edge splits caused by the folds do not detract from this example's overall appeal.
Greenville, OH - $20 1902 Plain Back Fr. 650 The Farmers NB Ch. # 1092
This second new note for this bank's census is a Very Good-Fine $20. There are a couple of paper scuffs in the margins but the note is otherwise bright with nice signatures.
Ironton, OH - $20 1902 Plain Back Fr. 650 The First NB Ch. # 98
The stamped signatures of Chas Horn, and C.S. Culbertson are noted at the bottom of this wholly original note. The bottom margin is a touch tight, thus precluding this appealing note from a full Gem grade. PMG Choice Unc 63 EPQ.
Ironton, OH - $5 1882 Brown Back Fr. 471 The Citizens NB Ch. # 4336
Only some light handling is noticed on this pretty pen signed $5 Brown Back that is only example of its type and denomination reported on this bank. This community was appropriately named after the rich iron ore deposits that were discovered in this area of Ohio. About Uncirculated.
Lancaster, OH - $5 1882 Brown Back Fr. 468 The Hocking Valley NB Ch. # 1241
This is a delightful About Uncirculated+ $5 Brown Back that was carefully pen signed by members of the Mithoff family. It is also neatly centered within wide, even margins. The lower right corner shows a little handling, but the rest of the note is pristine save for a small counting crinkle. This $5 Brown Back is of the style with "stacked" Treasury official signatures, white charter numbers up against the frame line, and the inside plate letter format.
Lima, OH - $20 1902 Red Seal Fr. 641 The Old NB Ch. # (M)8701
This example is the only known Red Seal on this Allen County issuer that closed its doors in 1931. While it is well circulated and has a significant area of paper disturbance on its face, it is nonetheless a very collectible item for this bank. Good-Very Good.
Lockland, OH - $20 1902 Date Back Fr. 644 The First NB Ch. # (M)4133
While small notes from this bank are easily obtained, large examples are another matter entirely, with the census standing at just six pieces. This handsome note is the sole Date Back reported to date. Pen signed PMG graded About Uncirculated 50 EPQ.
London, OH - $5 1902 Plain Back Fr. 604 The Central NB Ch. # 10373
A scarce Ohio bank, with this the first time we have been able to offer any example, large or small, on this charter in over 10 years. From the tougher of London's two banks, this is a new addition to the census of a scant six large size. The note has an overall bright appearance and the stamped signatures are still legible. Fine.
McArthur, OH - $5 Original Fr. 399 The Vinton County NB Ch. # 2036
This PMG Very Fine 20 First Charter Five is a very pretty mid-grade example on this scarce Ohio bank. Just even circulation is found on this colorful piece that has nice signatures and a bold overprint. Its only detriment is a name written on the back which has been duly noted by PMG.
Mingo Junction, OH - $10 1929 Ty. 1 The First NB Ch. # 5694
Several grades nicer than the well circulated example from here we sold earlier this year for almost $400. Fine-Very Fine.
New Carlisle, OH - $10 1929 Ty. 1 The New Carlisle NB Ch. # 6594
This exceedingly rare note comes from one of the smallest banks in Ohio, with this offering marking the first time any Series 1929 example from here has ever been available at public sale. This bank, in a community located just a few miles west of Springfield, was the scene of John Dillinger's first bank robbery in 1933. About Fine, certainly desirable enough to easily reach and very possibly exceed...
Newark, OH - $1 Original Fr. 380 The First NB Ch. # 858
Three large margins are seen on this Ace, which comes from a run of uncirculated examples. The overprint is excellent as is the overall eye appeal. Only the tight bottom margin keeps it from at least a Choice grade. PMG Uncirculated 62 EPQ.
Painesville, OH - $20 1929 Ty. 2 First NB Ch. # 14232
A lovely example from this very scarce 14000 charter. According to Track & Price, this is the first public offering of any kind from here in over nine years. Fortunately for collectors, it is a peach of a note, with only the lightest traces of circulation keeping it from the full uncirculated grade. PCGS Extremely Fine 45PPQ.
Saint Marys, OH - $10 1902 Date Back Fr. 619 The First NB Ch. # (M)4219
A circulated but still nice grade serial number 1 example. Pen signed Very Fine.
Toledo, OH - $10 1902 Red Seal Fr. 615 The NB of Commerce Ch. # (M)3820
A well circulated but intact Red Seal carrying the second title used by this Toledo bank. PMG Very Good 10.
Wapakoneta, OH - $10 1902 Plain Back Fr. 627 The Auglaize NB Ch. # 9961
The pen signed signatures are still quite bold on this moderately circulated Fine-Very Fine Blue Seal that has a few small areas of translucence in the margins. Just seven large size are reported for this bank in the latest edition of the Kelly reference.
Wellston, OH - $10 1902 Red Seal Fr. 615 The First NB Ch. # (M)3565
Not the scarcest bank around, but this note is the only Red Seal to be reported. While well circulated, it is fully intact with nice signatures and a red overprint that is still dark. A very presentable and rare piece for the grade of Very Good+.
West Union, OH - $20 1902 Plain Back Fr. 652 The First NB Ch. # 9487
An excessively rare bank which issued large notes only. Just two notes make up the entire census, with this example new to that listing. Track & Price reports no offerings whatever from this institution during the past sixty years, marking this as the first time collectors have enjoyed the opportunity to obtain a note from this bank at public sale. Fine.
Antlers, OK - $10 1929 Ty. 1 The First NB Ch. # 7667
One of the great town names in Oklahoma and scarce to boot as only a half dozen small size notes are reported. This fact is not surprising since the bank closed barely a year after the 1929 Series era began. This example is a bright and problem free Fine-Very Fine.
Mangum, OK - $5 1882 Value Back Fr. 575 The First NB Ch. # (W)5508
Just fifteen large size are enumerated in the census for this Greer County bank with four of those $5 Value Backs. The signatures are still strong on this well circulated but intact Very Good.
Oklahoma City, OK - $50 1902 Plain Back Fr. 679a First NB Ch. # (W)4862
This example bears the very scarce Napier-Thompson Treasury signatures. The color is still strong on this well circulated $50. Very Good.
Oklahoma City, OK - $50 1902 Plain Back Fr. 683 The American NB Ch. # (W)5716
Large size notes only were issued by this better Oklahoma City bank. Seven $50s are currently in the census and this example is one of the better pieces. It is a bright Very Fine with decent remaining signatures but does have several pinholes and the corners are a bit rounded.
Oklahoma City, OK - $20 1902 Plain Back Fr. 652 The Security NB Ch. # 8472
The purple signatures are light but still legible on this bright Very Fine-Extremely Fine $20 that features a huge top margin and bright paper. A very acceptable representative for a state capital note.
Pawnee, O.T. - $10 1882 Brown Back Fr. 490 The First NB Ch. # (W)5224
A new to the census Territorial which is only the second Territorial example recorded from this Pawnee bank. The other is a serial number 1 specimen which has not been publicly offered in the past thirty years, making this the only Territorial note from this bank available to collectors in this generation. Fortunately, it is an attractive as well as rare piece, with great color, plenty of eye appeal, and sharp pen signatures among its many attributes. Bright Fine+++, with the only defect worthy of mention a tiny nip out of the upper left corner tip that comes nowhere near the design.
Roff, OK - $10 1882 Date Back Fr. 546 The First NB Ch. # (W)5417
Last appearing in our 2002 Rosemont sale, where we wrote, "Wretched but rare, with this the first time any note from this bank has been publicly offered to the collecting fraternity. This note is still intact, but utterly well circulated, with the margins almost eroded away and the back showing some serious paper pulls. Good, but where can another be found at any price?" To date, no other note has been offered at public auction.
Ashland, OR - $10 1902 Plain Back Fr. 633 The First NB Ch. # (P)5747
This is a new addition to the census for this scarce Oregon bank. While well circulated, there is still plenty of snap to the paper and the colors are still vibrant. Very Good+.
Hood River, OR - $10 1929 Ty. 1 The First NB Ch. # 7272
A tougher note from the county seat of Hood River County, with this location a lovely community on the banks of the Columbia River. Very Fine.
Klamath Falls, OR - $20 1929 Ty. 1 The American NB Ch. # 11801
There are not many notes on this charter number in the census with a grade higher than this Very Fine $20. In January 2008 we offered a VF Type 1 $10 and it brought $400. A back quarter panel of this note shows light soiling and the top edge near the upper right corner meanders just inside the frame line.
La Grande, OR - $20 1929 Ty. 1 The United States NB Ch. # 9314
A scarcer bank in small size than large, and one which bears a "Forbidden Title" as well. Fine.
McMinnville, OR - $10 1929 Ty. 1 The First NB Ch. # 3399
Two issuers were located here, with this being by far the scarcer. Its total 1929 census is only eight examples, with five, including this Fine-Very Fine note, of the $10 denomination. Appearances of any kind have been few and far between for this bank.
Medford, OR - $5 1929 Ty. 2 Medford NB Ch. # 13771
This is one of only nine notes in the census for this bank that was not chartered until September 1933. The edges and paper are healthy. Fine+.
Monmouth, OR - $10 1902 Plain Back Fr. 627 The First NB Ch. # (P)10071
An incredible new discovery from the only bank to issue in this Polk County community. The census shows just one other large note recorded to date, with that piece considerably lower grade than this. This small bank had a miniscule $860 outstanding in large notes in 1935, making it highly unlikely that many more examples remain to be discovered. Fortunately for collectors, this piece offers condition as well as rarity, with PMG grading it Very Fine 30EPQ, and noting on the holder "Exceptional Paper Quality, Good Embossing." As an added bonus, it bears the signature of Emma M. Parker, who signs as A. Cashier. Any estimate here is but a guess, but if rarity, desirability and grade are any guide, expect a realization in the area of...
Newberg, OR - $20 1929 Ty. 1 The First NB Ch. # 7537
Eight small size examples make up the census from this well collected west coast bank, a tougher issuer that liquidated in 1935. Very Good-Fine.
Portland, OR - $50 1929 Ty. 1 Peninsula NB Ch. # 10103
This is an exceptionally rare note for both bank and denomination. It is new to the census, and only the second $50 example reported from this tough Portland bank and the eleventh small size $50 reported from all Oregon banks combined. We sold the other small size $50 note from this bank back in a 1993 auction, and it has not reappeared on the market since, making this the first time in fifteen years that collectors have had the opportunity to own such a note. Very Fine, with a barely noticeable bit of paper clip staining on and above the portrait, still easily nice enough to realize...
Union, OR - $20 1929 Ty. 1 The First NB Ch. # 2947
A very scarce note from the only collectible bank in this small NE Oregon community. Pleasing Fine+.
Allegheny, PA - $10 1875 Fr. 420 The Third NB Ch. # 2235
A very scarce Allegheny County issuer with but three large known in the Kelly census with this note being the only First Charter $10 reported. Though well circulated, it is intact with strong pen signatures remaining. Very Good.
Altoona, PA - $20 1882 Brown Back Fr. 493 The Second NB Ch. # 2781
This small bank was by far the scarcer of Altoona's two issuers, with the census showing a mere handful of large examples and even fewer small. Just two are Brown Backs, with this by far the nicer of the pair. Bright Fine-Very Fine, with a tightly trimmed top margin more than offset by the bold pen signatures of F. Hastings as Cashier and Chas. B. Dudley as Vice President.
Bangor, PA - $5 1929 Ty. 2 First NB Ch. # 14170
A scarce 14000 charter bank in more than an acceptable grade. Very Fine.
Bethlehem, PA - $1 Original Fr. 382 The Lehigh Valley NB Ch. # 2050
The population of Original Aces from this institution is only three pieces. It boasts pleasing paper quality though a minor edge split is noted at bottom. Overall, the eye appeal is excellent with the two boldly penned signatures. CGA Very Fine 30.
Two Examples. Bradford, PA - $10 1902 Date Back Fr. 619 The Commercial NB Ch. # (E)4199.
An evenly matched pair of $10 Date Backs from this scarce McKean County bank. They are virtually identical in terms of amount of wear, color, margins and signatures. They are two new additions to a large size census that presently totals only eight examples. Two Very Fine examples.
Cairnbrook, PA - $10 1929 Ty. 1 The First NB Ch. # 10704
A just plain rare Somerset County bank, with the census standing at only two large and four small examples. Track and Price shows only one appearance of any kind at public sale since 1994, with that coming back in 2003. Fine+++, with a trace of bank stamp that affects nothing.
Centre Hall, PA - $5 1902 Plain Back Fr. 609 The First NB Ch. # 12192
A great Pennsylvania rarity. This lovely note made its last public appearance in a John Hickman sale in 1992. It is one of two large size reported on this Centre County bank that had just $680 in large outstanding in 1935. While the signatures have faded, the paper is bright and original and the note has the initial appearance of a higher grade. Fine-Very Fine.
Clymer, PA - $10 1929 Ty. 1 The Clymer NB Ch. # 9898
A lovely example one corner fold from Choice New. Choice About Uncirculated.
Donora, PA - $5 1902 Plain Back Fr. 607 The First NB Ch. # 5835
A scarcer western Pennsylvania note from the only bank to issue large examples in this steelmaking community. While the signatures have faded, this Fine+ example still has bright color.
Easton, PA - $20 1882 Value Back Fr. 580b The Northampton NB Ch. # (E)5118
This signature combination is listed in Friedberg with the simple designation "Rare" with no price assigned in any grade. Just two examples are known, with both from this bank. The Tom Flynn collection had the better of the two, which we just sold for $19,550. By a fortuitous set of circumstances, we are able to offer the second note. While not in the same grade class as the Flynn specimen, this Very Good example, which has some edge roughness and pinholes, faces up quite nicely for its level of circulation. This is a great opportunity for our April sale's disappointed underbidders.
Elkins Park, PA - $5 1929 Ty. 1 The Elkins Park NB Ch. # 13030
An even dozen notes are currently in the census for this bank located in a Philadelphia suburb. This gorgeous Extremely Fine-About Uncirculated example is a new addition to the list and appears to be the finest known. Solid embossing and low serial number 14 are a bonus.
Green Lane, PA - $10 1902 Date Back Fr. 618 The Valley NB Ch. # (E)9084
While we have handled a fair number of small notes from here, this is only the second large example we've had from this Montgomery County bank in many years, not surprising in view of the Kelly census total of just four pieces. This new discovery will increase that total all the way to five. Fine, with some staining.
Hazleton, PA - $20 1882 Brown Back Fr. 498 The Hazleton NB Ch. # (E)4204
While two issuers were located here, this was the only one to issue Brown Backs. While available in small size, a mere dozen notes are reported in large. Aside from a tight bottom margin, this mid-grade example is rather attractive with bold penned signatures and pleasing color. Fine-Very Fine.
Hughesville, PA - $5 1929 Ty. 1 The Grange NB of Lycoming County Ch. # 8924
Just nine small size are reported on this scarce institution including this Very Good example which is the only Type One $5 in the census. Popular amongst the collectors of agricultural-themed banks, this well circulated note should still spark considerable interest. Very Good.
Huntingdon, PA - $5, $10 1902 Plain Backs Fr. 598, 624 The First NB Ch. # 31
Two high grade Blue Seals from this low charter bank, the $5 a fresh Very Fine-Extremely Fine, the $10 with the regional letter added and grading Extremely Fine.
Intercourse, PA - $5 1929 Ty. 1 The First NB Ch. # 9216
A highly desirable charter for any collector of Nationals. This example is a nice Very Fine with bright paper, sound edges, and rubber stamped signatures of Harry B. Showaiter and Jacob K. Ressler. We sold a similarly graded note in our last sale for $5,175 and expect about the same result this time.
Jersey Shore, PA - $10 1902 Red Seal Fr. 613 The NB of Jersey Shore Ch. # (E)6155
Serial number 1 Red Seals always generate excitement when they are offered and this piece should prove to be no exception. While it has seen some handling and has some ink on the back, the colors are bold and the signatures dark. It is also the "A" position note signifying that this was indeed the first note issued by this Lycoming County bank. Just six notes are in the census on this large only bank, making it a truly great Pennsylvania national. Very Fine.
McKeesport, PA - $5 1882 Date Back Fr. 534 The First NB Ch. # (E)2222
This is the only $5 Date Back in the census for this Allegheny County bank. About Fine with stamped signatures.
Myerstown, PA - $5 1882 Brown Back Fr. 477 The Myerstown NB Ch. # (E)5241
An attractive $5 Brown Back which is one of only three Brown Backs of any denomination reported from this Lebanon County institution. Bright pen signed Very Fine+, with a a few miniscule paper clip spots visible mostly on the reverse and an internal tear that affects little.
Nazareth, PA - $20 1882 Date Back Fr. 555 The Second NB Ch. # (E)5686
Even circulation is observed on this Second Charter Date Back which is the only Date Back reported for this bank. The note has retained a bold overprint and nice signatures. It is the earliest note reported on this Northampton County bank which has 15 large size in the census. Fine, with an inconsequential internal split or two.
New Bethlehem, PA - $5 1882 Brown Back Fr. 474 The First NB Ch. # 4978
A wonderful layout is seen on this gorgeous Brown Back. Expect some heated bidding between type collectors and National collectors to acquire this beauty. Only one of two CU notes known from here. PMG Choice Uncirculated 64 EPQ.
New Bloomfield, PA - $5 1882 Date Back Fr. 537 The First NB Ch. # (E)5133
A quick glance at the Kelly census reveals immediately how rare this serial number 1 1882 Date Back is. Only 30 serial number 1 1882 Date Backs have been reported in total from over 5,000 surviving serial number 1 examples from all banks in all states. Compare that with the rarity of Serial Number 1 Red Seals, which total 66 survivors from Pennsylvania alone! This particular issue has perfectly preserved signatures and received a light bend in storage which accounts for the grade. The bold blue overprint and the deeply printed black ink remain unmolested to this day. Choice About Uncirculated.
New Castle, PA - $20 1902 Red Seal Fr. 641 The Union NB Ch. # (E)8503
An extremely scarce bank in both large and small size, with just five large and one small example reported to date. This piece is new to the census and stands as the only Red Seal of any denomination known from this institution. Pen signed Fine, with a bit of staining, especially around the edges.
Newville, PA - $10 1902 Plain Back Fr. 626 The Farmers NB Ch. # 9588
An extremely rare Cumberland County bank, with this note one of only two large examples known from this small bank, which had all of $440 outstanding in 1935. Very Fine with nice signatures.
Philadelphia, PA - $5 1902 Plain Back Fr. 598 The Eighth NB Ch. # 522
Always popular due to this bank's numeric nomenclature, this $5 sports the pen signatures of officers C.B. Cooke and Wm. J. Montgomery. PMG Choice Very Fine 35.
Philadelphia, PA - $5 1882 Brown Back Fr. 467 The Farmers & Mechanics NB Ch. # 538
An attractive $5 Brown Back with a great looking layout and nice signatures. Fine, from a less often seen Philadelphia bank in this type.
Pittsburgh, PA - $5 1902 Plain Back Fr. 606 The First NB Ch. # (E)252
This pretty note is from the third of three titles used by this big city bank. While listed in the census as CU, some very minor handling causes us to conservatively grade this piece as About Uncirculated. The printed signatures are still bold on this pleasing piece of national currency.
Pittsburgh, PA - $50 1902 Date Back Fr. 667 The Farmers Deposit NB Ch. # 685
The engraved signatures of J.H. Jones and A.E. Braun decorate this well circulated $50. Very Good, with a few small stains.
Pittsburgh, PA - $100 1929 Ty. 1 The Farmers Deposit NB Ch. # 685
This is an old friend of ours from our January 1995 FUN auction. This $100 has dark inks and natural paper surfaces that include embossing. Choice Crisp Uncirculated.
Pittsburgh, PA - $50 1882 Brown Back Fr. 508 The Exchange NB Ch. # 1057
A brightly colored and attractive example of a much better type. It is just the second $50 Brown Back to be reported on this large Pittsburgh bank and one of less than 50 for the entire state of Pennsylvania. Evenly circulated and problem free, this example would be the perfect candidate for a mid-grade type set. Very Fine, with good signatures.
Pittsburgh, PA - $20 1882 Date Back Fr. 552 The Diamond NB Ch. # (E)2236
An attractive and wholly original piece with bold embossing and bright paper. There is a tiny corner tip fold that does not touch the design. Crisp Uncirculated.
Pittsburgh, PA - $20 1882 Date Back Fr. 552 The Duquesne NB Ch. # (E)2278
This is a great type note if you are looking for a $20 1882 Date Back. Original paper wave, strong embossing, dark inks, and purple rubber-stamped signatures are noted on this lightly handled example. PCGS Choice About New 58PPQ.
Quarryville, PA - $10 1929 Ty. 1 The Farmers NB Ch. # 8045
A prohibitively rare Lancaster County bank which is not to be confused with this community's other issuer, which is quite often available in small size. The census shows just two large and four small notes extant from this institution, a tiny number from a county that has been exhaustively collected for several decades. About Fine, certain to see bidding reach or exceed...
Sayre, PA - $10 1882 Brown Back Fr. 490 The NB of Sayre Ch. # (E)5684
Bright for the assigned grade of Fine, this is the only Brown Back that is reported on this Bradford County bank. It bears the scarcer of two titles used by this institution. A very light washing has left the note a bit soft but no other problems are found save a spurious Cashier's signature that has been written in pencil.
Schwenksville, PA - $20 1929 Ty. 1 The NB of Schwenksville Ch. # 2142
The first title used here, and one which is quite rare on Series 1929 examples, where it appeared for less than two years. Only three such notes are enumerated in the census, with this Montgomery County example new to that listing. Fine+, with the signatures of the town's namesakes, Edward B. Schwenk and Irwin S. Schwenk.
Sewickley, PA - $5 1882 Brown Back Fr. 471 The First NB Ch. # 4462
Low serial number 19 graces this attractive Brown Back on this scarce Allegheny County bank that certainly looks like a Gem at first glance. The margins are wide, the colors are vibrant, and the signatures are solid. A careful examination reveals no evidence of handling through the third party holder. PMG Choice Uncirculated 55.
Smethport, PA - $20 1929 Ty. 1 The Grange NB of McKean County Ch. # 8591
A nice example from this "Grange" bank, one of a number of National Banks organized by local chapters of the National Grange, a nationwide farmers organization. Taking advantage of the lower capital requirements to organize banks enacted early in the twentieth century, a number of banks were chartered by agricultural interests to serve the needs of farmers that were allegedly not being met by already existing local banks. The agricultural depression of the 1920's was not kind to these institutions, and the few that survived the decade were soon laid waste by the Great Depression of the 1930's. Very Good-Fine.
Spangler, PA - $10 1929 Ty. 1 The First NB Ch. # 7181
A scarce Cambria County note with only one small size offering at public auction since 2000. Fine-Very Fine, with a small margin split that affects nothing.
Towanda, PA - $5 1875 Fr. 402 The Citizens NB Ch. # 2337
A few pinholes and repaired tears are observed on this well circulated 1875 $5 from this Bradford County bank. The signatures are still strong on this example that has also picked up a small stain on the back. Very Good.
Uniontown, PA - $20 1902 Red Seal Fr. 639 NB of Fayette County Ch. # (E)681
While not a rare bank, this newly reported example is the first Red Seal to surface on this Fayette County institution. Although it served its time in the channels of commerce, the paper is sound and it has nice signatures and a decent overprint. Very Good.
West Chester, PA - $10 1929 Ty. 2 The First NB Ch. # 148
This is a great new addition to the census where Type 1's outnumber Type 2's on this bank by over seven to one. It also has serial number A000002. Fine-Very Fine.
Westfield, PA - $10 1929 Ty. 2 The Farmers & Traders NB Ch. # 9513
A beautifully centered example with eye appeal that is seldom equaled on any Series 1929 National. Gem Crisp Uncirculated.
From The Collection of Albert Rollins
Newport, RI - $5 1902 Plain Back Fr. 599 The National Exchange Bank Ch. # (N)1565
Virtually the same grade as the last Plain Back that we sold from this bank, which realized $575 last year. Very Good-Fine, with a few pinholes.
Providence, RI - $1 1875 Fr. 385 The Old NB Ch. # 1151
Just eighteen notes are reported on this long-closed Rhode Island bank including this Fine-Very Fine 1875 Ace, which is the only example of its type and denomination in the census. The note does have a paper pull on the back as well as two tight margins and a few pinholes. However, it has a bright appearance and solid signatures.
Providence, RI - $5 1929 Ty. 2 Rhode Island Hospital NB Ch. # 13901 Uncut Strip of Three
The census shows this sheet as whole and at one time it was the only $5 sheet and one of four uncut sheets known on the bank. These notes also carry one of the more interesting bank titles in nationaldom. Very Fine.
Spartanburg, SC - $5 1929 Ty. 2 The Commercial NB Ch. # 14211
This is a bright, embossed $5 from the only 14000 charter number in South Carolina to issue nationals. PMG Choice Uncirculated 64 EPQ.
Beresford, SD - $10 1929 Ty. 1 The First NB Ch. # 10813
A decent small size example from the sole bank in town to issue. Very Fine.
Britton, SD - $10 1902 Plain Back Fr. 634 The First NB Ch. # (W)6073
This Marshall County bank was a product of the Act of 1900 which allowed national banks to charter in small communities with a capital of just $25,000. Many of these tiny banks failed and this institution was no exception. The purple signatures are still present on this bright Very Good example which is one of just 10 large size reported.
Pukwana, SD - $10 1929 Ty. 2 The First NB Ch. # 9958
A nice grade piece which is only the third Type 2 example reported from here to date. Very Fine.
Sturgis, SD - $20 1929 Ty. 1 The Commercial NB Ch. # 6990
A much in demand note from the only collectible bank in Sturgis, the site of the largest annual motorcycle rally in America. While not rare, examples from here are quite closely held, with the last offering of any note from Sturgis coming back in August of 2000. Nice Fine+++.
White, SD - $20 1929 Ty. 1 The First NB Ch. # 6294
A Very Fine note with the initial appearance of an even higher grade. While about 18 notes are reported, they must be very tightly held as there have been only two public offerings of this bank in the past thirty years.
White Lake, SD - $20 1929 Ty. 1 The First NB Ch. # 8291
A mere six small size notes are reported on this tiny Aurora County bank that was closed by the receiver on Armistice Day in 1933. This bright example is a new addition to that elite group. This is another scarce South Dakota bank where the number of public offerings has been exceedingly small. Extremely Fine.
Dickson, TN - $10 1929 Ty. 1 The Citizens NB Ch. # 8292
Type Ones only in small size from this very scarce bank that fell to the receiver in 1933. Only around ten notes are reported in the Kelly census including this bright Fine-Very Fine example.
Martin, TN - $10 1902 Date Back Fr. 618 The City NB Ch. # (S)9112
This newly discovered note is the first example to be offered at public sale from this rare northwest Tennessee community in over twenty five years. With this location's other bank unknown, and with this institution issuing large notes only, it may easily be that long until another opportunity for collectors to obtain any note from this town arises. Expect some serious bidding for this attractive Fine+++ rarity, which likely will end in the vicinity of...
Tazewell, TN - $10 1902 Date Back Fr. 616 The Claiborne NB Ch. # (S)7740
This is a fantastic new discovery from one of Tennessee's fewer than ten unreported towns, with this small bank Tazewell's only issuer of National Bank Notes. Lasting only fourteen years before liquidating in 1919, it issued a miniscule number of Red Seals, a few more Date Backs, and a small number of Plain Backs before disappearing forever. In a state which historically has had more active collectors than most, this is both a charter and a town which has escaped detection until this example walked into an Iowa dealer's shop earlier this year. Luckily for collectors, it is a more than acceptable specimen with no flaws save for honest circulation. The pen signature of the Cashier is clear, the red signature of the President a bit blurred. Like any unique item, any estimate here is simply a rough guess, but if rarity and desirability are any guide, expect a realization for this Fine example somewhere in the vicinity of...
Albany, TX - $20 1929 Ty. 1 The First NB Ch. # 3248
This $20 has fewer folds than normal for the grade, while the left edge has a small split. Fine-Very Fine.
Amarillo, TX - $5 1929 Ty. 1 The NB of Commerce Ch. # 6865
This is just one of a meager six small recorded in the census for this bank. The NBC was run by the O'Brien family for many years before a procession of bank officers started in the late 1920s and culminated with the bank's demise on September 5, 1933. This example has soft paper surfaces. Fine.
Austin, TX - $20 1902 Plain Back Fr. 653 The Austin NB Ch. # 4308
A high grade example from this always in demand state capital. Just a trace of handling is observed, after considerable effort, through the PCGS holder on this beautiful note. PCGS Choice About New 58.
Bryan, TX - $5 1929 Ty. 1 The First NB Ch. # 3446
The census from here includes six $5 1929 Type 1 examples. This one is a boardwalk margined and deeply embossed Gem Crisp Uncirculated.
Bryan, TX - $5 1929 Ty. 1 The First NB Ch. # 3446
While not the scarcest bank around, notes on this Brazos County institution just don't show up at public sale with any regularity. This example is certainly bright for the grade and problem free. PMG Very Fine 30.
Clyde, TX - $10 1929 Ty. 1 The Clyde NB Ch. # 8780
A nice example of one of the classic Texas hoard notes. Only a tight left margin prevents this boldly printed example from receiving a Gem grade. PMG Choice Uncirculated 64 EPQ.
Coleman, TX - $10 1929 Ty. 2 First Coleman NB Ch. # 13595
A scarce bank, with only one offering in the last four years according to Track & Price. Fine-Very Fine.
Corpus Christi, TX - $20 1882 Date Back Fr. 549 The Corpus Christi NB Ch. # (S)4423
A tough note from a very scarce Corpus Christi bank which issued large examples only. While sixteen pieces are listed in the census, that figure is somewhat misleading, as a full 25% of those notes are impounded in the Philpott/Moody holdings. This specimen, with its unusually distinctive title layout, is the sole Second Charter Date Back known from here. About Fine, with a small chip out of the top margin that affects nothing.
Cuero, TX - $10 1929 Ty. 2 Buchel NB Ch. # 14164
This is a great serial number 1 note with everything going for it. It comes from a late charter private name bank (and is in fact signed by a Buchel as Cashier) which is truly rare as well, with the census showing just three single notes extant along with one uncut sheet which has never been offered at public sale. In fact, only two examples from this bank have been available to the collecting public during the past sixty years, one in the Irish collection sale of 1997, and another in 2004. Although circulated, this piece has retained plenty of eye appeal, grading a conservative Fine-Very Fine. If rarity and desirability are any guide, expect this 14000 charter specimen to see bidding easily reach and perhaps well exceed...
Dallas, TX - $5 1875 Fr. 404 The City NB Ch. # 2455
This Dallas First Charter Five is one of only about twenty such examples known from all banks in the state combined. While grading Fine, with bright colors and good signatures, there is a substantial repair where a portion of the top right corner has been replaced. With any Texas First Charter likely to realize close to a five figure price if problem free, expect this piece, which still retains considerable eye appeal, to easily reach and perhaps well exceed...
Dallas, TX - $5 1882 Value Back Fr. 574 The City NB Ch. # (S)2455
Despite its status as one of the more common Dallas issuers, this bank is one of the few institutions that issued Second Charter Value Backs. Around fifteen $5s of this type are in the census, including this example. Well circulated Very Good, with several edge tears and splits.
Dallas, TX - $5 1902 Red Seal Fr. 589 The American Exchange NB Ch. # (S)3623
This Red Seal carries the second title used by this Dallas banking icon that would finally succumb in the 1980s. Well circulated, this Very Good example has just a couple of spots of roughness in the bottom margin but still retains a bright red overprint. It is one of just two Red Seals known on this famous Dallas institution.
Dallas, TX - $50 1929 Ty. 1 The NB of Commerce Ch. # 3985
The last time we had a $50 on this tougher Dallas bank was over five years ago. This example has snappy paper and solid edges. There is some paper clip staining and soiling on the back. Fine.
Dallas, TX - $10 1902 Date Back Fr. 618 The Commonwealth NB Ch. # (S)8664
A scarcer Dallas note from a bank which went out in 1914 after only seven years in business. Fine+, with just a few light stains.
Dallas, TX - $50 1902 Plain Back Fr. 685 North Texas NB Ch. # 12736
A very scarce large size high denomination example from here, with this example one of only seven large fifties reported from this bank to date. Fine-Very Fine, but suffering from some slight staining.
Dawson, TX - $5 1929 Ty. 2 The First NB Ch. # 10694
This is the scarcer of Dawson's two banks, with the small size census somewhat skewed by the presence of two serial number 1 sheets, one of which has now been cut. Original embossing remains on this lightly circulated example. PMG Extremely Fine 40.
Denison, TX - $1 Original Fr. 382 The First NB Ch. # 2099
This newly discovered note is a true miracle of survival, coming as it does from a bank which went out in 1894 after issuing only First Charters along with a handful of Brown Backs. Only one note is known from this institution, a truly low grade ace grading Good which sold back in 1997 as part of the Irish collection and has not been seen since. Any Texas ace is a truly rare item, with the total population from all banks combined standing at barely a dozen pieces. This specimen, offered here to collectors for the first time, is an evenly circulated note displaying good color for the grade and no problems worthy of mention save for a couple of miniscule edge splits that affect nothing. Expect some serious competition before the hammer falls on this Fine Texas rarity, likely in the range of...
Devine, TX - $10 1902 Red Seal Fr. 613 The Adams NB Ch. # (S)7212
This bright, well signed example carries the signature of W.B. Adams. Mr. Adams was quite the businessman, forming the Adams Company and under that name opened a store, this bank, and various stock and farming interests. "Everything from a rat skin to a ranch" was the motto of the department store he owned. Very Fine, displaying bright colors and even some remaining embossing.
Eagle Lake, TX - $50 1929 Ty. 1 The First NB Ch. # 7534
This newly discovered piece increases the population on this charter number to just nine single notes, with $50 examples none too common. Eagle Lake is a popular town name among Texas collectors. This $50 grades Very Fine+ with natural paper surfaces that include a couple of pinholes in the portrait curtain.
El Paso, TX - $5 1902 Plain Back Fr. 602 The Commercial NB Ch. # (S)10140
This crisp, well centered note is bright and bold, and has only one light vertical fold to limit the grade. There is no evidence of this note ever being signed. This is one of just four documented notes on this rare bank that was chartered in 1912 and liquidated a brief five years later. To throw fuel on to the fire, one of those four notes is locked away in the Philpott/Moody Collection, leaving a true collectible population of only three notes. This charter number was even able to escape the massive Irish Collection. Also, this is by far the highest graded collectible note on this bank by a whopping margin of 35 points. Simply a great Texas note. Choice About Uncirculated.
Fort Worth, TX - $10 1882 Brown Back Fr. 487 The First NB Ch. # (S)2349
Large size only from this Fort Worth bank that chose to not issue any small size even though it made it through the note issuing period. This attractive Very Fine+ Brown Back is one of the few early notes reported and certainly has the highest grade. Great color, bold signatures, and three huge margins are found on this pretty example.
Fort Worth, TX - $5 1902 Plain Back Fr. 598 The Fort Worth NB Ch. # 3131
From a run of Choice Crisp Uncirculated examples, this nice Blue Seal has solid embossing, vivid color, and bright, clean paper.
Fort Worth, TX - $50 1902 Plain Back Fr. 675 The Fort Worth NB Ch. # 3131
Long time president K. M. Van Zandt's signature appears on this mid-grade example of a $50 Plain Back from this large Tarrant County bank. It is a decent Fine-Very Fine.
Fort Worth, TX - $50 1902 Plain Back Fr. 675 The Fort Worth NB Ch. # 3131
An evenly circulated high denomination example which is perfect for type. Fine, with clear signatures.
Fort Worth, TX - $100 1929 Ty. 1 The Fort Worth NB Ch. # 3131
President K.M. Van Zandt died in 1930 at the age of 93, serving as President since the bank was chartered in 1884, and even back further to 1874 while the bank was known as Tidball, Van Zandt and Company, Bankers. He also was the father of R.L. Van Zandt, known to those who collect large size Federal Reserve Bank Notes from the Dallas district. A pleasing example with no problems. Fine-Very Fine.
Fort Worth, TX - $100 1882 Brown Back Fr. 523 The Farmers & Mechanics NB Ch. # 4004
The Kelly census shows twenty six $100 Brown Backs from the state of Texas, about ten percent of the total known from the entire country. Of that number, just two come from Fort Worth, both from this bank, and both in just about the same grade. This example is an evenly circulated pen signed specimen that displays the deep chocolate color that is sometimes found on Brown Backs, lending it great eye appeal far in excess of its technical grade. There are a few pinholes, but it is certainly safe to say that no serious collector of National Bank Notes would not eagerly embrace the opportunity to own this attractive item. Nice Fine+.
Fort Worth, TX - $20 1882 Date Back Fr. 550 The American NB Ch. # (S)4848
This attractive Second Charter Date Back is well centered and possesses good overall eye appeal. The colors are bold and the signatures, although faded, are visible. Kelly reports only 12 Large from this bank that was in business from 1893 to 1919. Fine+.
Galveston, TX - $10 1929 Ty. 2 The City NB Ch. # 8899
A lovely example bearing low serial number A000008. Fully embossed Gem Crisp Uncirculated.
From The Collection of Albert Rollins
Haskell, TX - $5 1902 Plain Back Fr. 601 The Haskell NB Ch. # 4474
The census indicates five large size notes are known from this Haskell County issuer. However, only two of those pieces have ever been offered at public auction with the last piece appearing in 2001. Surprisingly neither of the pieces offered was much better than this well circulated issue. Good.
Henrietta, TX - $5 1882 Brown Back Fr. 471 The Farmers NB Ch. # 4068
This note represents a true miracle of survival, as it comes from a bank in a tiny north Texas community which issued Brown Backs only before entering receivership in 1903. By 1915, a meager $505 was still outstanding. Two notes are known from the bank, both serial number 1 $5 Brown Backs, fortuitously saved for this generation's collectors by some unknown individual nearly 130 years ago. The other number 1 note is locked up in a long term Texas holding, leaving only this example to satisfy collectors seeking to own a note from Henrietta. Pen signed Very Fine, certain to delight its fortunate new owner.
Hereford, TX - $10 1902 Plain Back Fr. 624 The Western NB Ch. # 6812
A very scarce note from this panhandle town, the only issuing location in Deaf Smith County. The Kelly census lists just nine large notes from this bank PMG Fine 12 with a trace of graffiti on the face.
Higgins, TX - $20 1902 Plain Back Fr. 651 The Citizens NB Ch. # 8249
A very rare note from one of the smallest banks in the state of Texas. This institution issued fewer than 1000 sheets of large size notes from its inception in 1906 through the end of the large size period in 1929, while barely maintaining the minimum $6250 capitalization required to retain its national charter. A meager $275 was outstanding in large size by 1935. Four large notes are known, but interestingly, this bank was missing from both the Philpott and the Irish collections. Very Good-Fine, a neat item from a town of about 400 people in the northern reaches of the Texas panhandle just a mile or two from the Oklahoma border.
Houston, TX - $10 1902 Date Back Fr. 617 The First NB Ch. # (S)1644
An attractive Date Back from this large Houston bank. About Uncirculated.
Houston, TX - $50 1902 Plain Back Fr. 676 The First NB Ch. # 1644
This is a mid-grade $50 Plain Back from a large Houston bank that was the third national bank chartered in the state of Texas. Fine-Very Fine, with a couple of numbers stamped on the back.
Houston, TX - $10 1882 Brown Back Fr. 490 The Merchants NB Ch. # (S)5858
This is a very scarce note from a Houston bank which lasted only from 1901 through 1910 and issued Brown Backs and Second Charter Date Backs only. Eleven pieces are known, with three of that number impounded in the Philpott/Moody holdings. This piece traces its pedigree back to the Irish collection sale. Pleasing Fine-Very Fine.
Houston, TX - $10 1929 Ty. 1 South Texas Commercial NB Ch. # 10152
An attractive serial number 1 note from this Houston bank that has been encapsulated by CGA as Choice Uncirculated 64. Plenty of original embossing can be seen through the holder.
Hughes Springs, TX - $10 1929 Ty. 1 The First NB Ch. # 6922
A new addition to the census from the only bank in this small Cass County location. Pleasing Fine+.
Huntsville, TX - $5 1882 Brown Back Fr. 471 The Gibbs NB Ch. # 4208
This is one of the great private named banks in the state. The Gibbs family would manage this bank for many years. There are only three Brown Backs in the census for this charter number. Two of those Brown Backs are $5s, the current example, plus the one locked away in the Philpott/Moody Foundation Collection. The latter note grades only Fair and for Philpott to have collected a low-grade note, it shows just how truly rare this type is on this Walker County bank. The note offered tonight grades PCGS Very Good 8 and it exhibits a dark penned signature of President W.S. Gibbs that far exceeds what is usually expected at this grade level.
La Feria, TX - $50 1929 Ty. 1 The First NB Ch. # 12747
While eight notes, all $50s, are listed in the census for this scarce bank, none has appeared at auction for over five years according to Track & Price. This new addition is evenly circulated but does have some tiny edge splits, particularly in the top margin, and this fact has been duly noted by PMG. Choice Fine 15.
La Grange, TX - $10 1929 Ty. 2 The First NB Ch. # 3906
Retaining nice original embossing, this attractive Very Fine-Extremely Fine $10 is just the second of its type and denomination to be reported on this scarce Fayette County bank. Just nineteen small size are now reported and this piece is near the top of the census.
Linden, TX - $10 1929 Ty. 1 The First NB Ch. # 10476
While ten notes are reported on this scarce Cass County locale, six of them are tied up in a serial #1 sheet leaving very few opportunities for collectors to add this one-bank community to their holdings. Original embossing is still quite prominent on this lightly circulated Extremely Fine example that will be very attractive to the many aficionados of Texas nationals.
Longview, TX - $10 1882 Brown Back Fr. 484 The First NB Ch. # (S)4077
This is only the second Brown Back to surface from this Gregg County institution, outside of a reported third note that is locked away in the Moody Institution. This Very Fine example is completely original, with great colors front and back, and certainly has the look of a much higher grade specimen.
Mart, TX - $10 1902 Plain Back Fr. 624 The Farmers & Merchants NB Ch. # 7546
A wonderfully rare example from the second and scarcer of this McLennan County locale's two note issuing banks. While somewhat available in small size, only three pieces have been enumerated in the large size census including this Very Good-Fine $10. There has been only one public appearance of a large size on this bank prior to this sale, so opportunity beckons.
Mexia, TX - $20 1902 Plain Back Fr. 659 The City NB Ch. # 11964
A very scarce bank, particularly in large size, where the last such example offered (which was considerably lower grade) selling for $1437.50 back in August of 2004. Fine, with the stamped signatures somewhat faint.
Odessa, TX - $20 1929 Ty. 1 The Citizens NB Ch. # 8169
A very rare small note from this much collected west Texas community, with this piece one of just four reported Series 1929 examples from here. PMG Fine 12.
Pittsburg, TX - $20 1929 Ty. 1 The Pittsburg NB Ch. # 7376
A much tougher bank to find in small size rather than large as there are only a half dozen examples enumerated in the census. This Fine $20 is just the second of its type and denomination to turn up on this scarce "misplaced town name" institution.
Quanah, TX - $5 1902 Plain Back Fr. 609 First NB Ch. # 12307
Incredibly, eight large size examples are reported on this tiny Hardeman County bank that had but $340 outstanding in 1935. However, they must be tightly held as a large note has not been publicly offered for over seven years. Well circulated but intact is an apt description for this Very Good $5. A few pinholes and soiling are noticed but the note is "all there." Not high grade but it may be several more years before the next opportunity to acquire a large size on this bank comes along.
San Angelo, TX - $10 1902 Plain Back Fr. 631 The Central NB Ch. # (S)10664
This is a nice large size example from this scarce bank. The cut is a little off center but the color is bright on this Very Fine-Extremely Fine blue seal.
San Antonio, TX - $10 1902 Red Seal Fr. 615 The San Antonio NB Ch. # (S)1657
This note is just one of four Red Seals known on this bank and half of those are locked away in the Philpott/Moody Foundation Collection. This example has a nice red overprint and bright paper for the grade. Expect some keen interest from the many collectors of San Antonio notes before the hammer falls on this lot tonight. PCGS Very Fine 20.
San Antonio, TX - $20 1902 Red Seal Fr. 639 Woods NB Ch. # (S)7316
From one of the family owned national banks in San Antonio comes this spectacular Red Seal. While the other "name" banks in town measured their life in decades, the Woods National Bank survived only three years and issued just a handful of Red Seals. This pretty $20, signed by W. F. Woods and John Woods, is just the fourth example in the census, with one of the others ensconced in the Moody Foundation holdings. A small corner tip has been replaced, but save for that repair, this is a lovely example, with a vivid red overprint and great eye appeal. Bright Very Fine, the finest known example from this short-lived bank outside of the impounded Moody collection specimen, and considerably finer than the piece which realized over $10,000 at auction several months ago.
Uvalde, TX - $10 1882 Date Back Fr. 545 The Uvalde NB Ch. # (S)5175
A great new discovery from this scarce Texas bank. Prior to the surfacing of this $10 Date Back, a scant three notes were listed in the census with one of those permanently ensconced in the Moody holdings. This example is well circulated but intact with a few negligible pinholes. The signatures are faded, but the colors remain clear. Years may pass before another opportunity to own a note from this bank comes along. Very Good-Fine.
Waco, TX - $50 1902 Date Back Fr. 674 The Waco NB Ch. # (S)2189
A tougher type and denomination from this otherwise very available bank. The signatures are still legible on this Very Good-Fine $50 that has a bit of graffiti in the back margin.
Waco, TX - $50 1902 Plain Back Fr. 679 The Central NB Ch. # (S)10220
A much scarcer Waco bank which issued large notes only before closing in 1924. This example is the fourth $50 to be reported that carries this bank's second title. The stamped signatures are still present but there is some roughness in the left and right margins as well as a couple of pinholes and a partial tellers stamp on the face. Fine-Very Fine.
Whitney, TX - $5 1929 Ty. 1 First NB Ch. # 13649
This is just the second note to be reported on this Hill County bank. This example is evenly circulated and problem-free for the grade. Fine.
Wolfe City, TX - $10 1882 Brown Back Fr. 483 The Wolfe City NB Ch. # (S)3984
A very scarce type from a rather tough Texas bank that issued large only before closing its doors in 1928. This well circulated Very Good Brown Back has picked up a couple of very minor internal splits but these are more than made up for by the nice color and strong signatures. A great Texas note.
Moab, UT - $5 1929 Ty. 1 The First NB Ch. # 10925
An attractive, well margined, and original $5. This bank was chartered in 1916 and was able to issue more than $600,000 in National Bank Notes. Very Good-Fine.
Moab, UT - $10 1929 Ty. 1 The First NB Ch. # 10925
A just plain scarce note from the only bank to issue in Moab, a city of about 5,000 people located on the Colorado River. The city took its name from the biblical settlement of the same name, sharing a similar desert climate with temperatures that range from 120 degrees above zero to 20 degrees below zero. It is located in remote Grand County, and, while we are not certain, may well be the single most isolated national currency issuer in the lower 48. Fine-Very Fine.
Ogden, UT - $10 1902 Plain Back Fr. 634 First Utah NB Ch. # (P)2597
This bank from the Beehive state went through a series of title changes and eventually issued notes bearing five different names. This example carries the third of those five titles. It is well circulated but the paper retains some body and the signatures are still present. Very Good.
Ogden, UT - $20 1902 Plain Back Fr. 660 First Utah NB Ch. # 2597
This note bears the third title used here, and the last one used exclusively on large size notes. It is well circulated with some soiling on the back along with some edge splits and a few pinholes. Very Good.
Ogden, UT - $10 1902 Plain Back Fr. 624 The NB of Commerce Ch. # 7296
This attractive Blue Seal carries the second title used by the last of Ogden's four note issuing banks. Traces of embossing and the signatures are still visible on this example that retains a bold overprint. Very Fine+.
Salt Lake City, UT - $5 1902 Plain Back Fr. 602 The Deseret NB Ch. # 2059
Engraved signatures of Edgar S. Hills and John C. Cutler are found on this excellent note for a state collection due to its interesting bank title. The tight bottom margin is the only distraction on this pretty example that features solid embossing and bright, white paper. Very Fine-Extremely Fine.
Salt Lake City, UT - $5 1902 Plain Back Fr. 602 The Deseret NB Ch. # (P)2059
This is an appropriately named bank from the Utah state capital that is always in demand. The paper is a bit soft but this well circulated example still has a bright appearance. Very Good.
Salt Lake City, UT - $10 1902 Plain Back Fr. 628 The Deseret NB Ch. # (P)2059
Printed signatures are found on this attractive Salt Lake City specimen. This example is a well circulated but bright Fine with a few small pinholes and a stray mark in the bank title.
Salt Lake City, UT - $5 1882 Brown Back Fr. 474 The NB of the Republic Ch. # (P)4310
This new to the census piece is one of just a literal handful of Brown Backs known from here, only two of which are $5 examples. It's as nice as any early note from this bank listed in the census, and certain to please its fortunate new owner. Fine, with a miniscule chip out of the top margin mentioned solely for complete accuracy in cataloguing.
Salt Lake City, UT - $10 1902 Plain Back Fr. 628 The Utah State NB Ch. # (P)4341
The signatures have faded away but this capital city note is surprisingly intact given its level of circulation. While well worn, it has avoided the problems usually associated with this grade level. Good-Very Good.
Salt Lake City, UT - $5 1902 Plain Back Fr. 600 The Continental NB Ch. # 9403
The paper is still crisp on this circulated example from Utah's capital city. While the face still has a bright appearance, there is some staining on the back. Very Good-Fine.
Salt Lake City, UT - $20 1902 Plain Back Fr. 652 The Continental NB Ch. # 9403
The engraved signatures add to the appeal of this capital city note. Though well circulated, it has managed to avoid the problems usually associated with this grade level. Very Good.
Bennington, VT - $5 1875 Fr. 404 The Bennington County NB Ch. # 2395
A lovely First Charter five which is perhaps the nicest note we've seen from this bank. Even upon close inspection there is virtually no trace of circulation here, with the inks exceptionally bright, the paper quality virtually as new, and the signatures as bold as the day they were applied. Extremely Fine-About Uncirculated, a high end Vermont note worthy of the finest of collections.
Burlington, VT - $5 1882 Brown Back Fr. 467 The Merchants NB Ch. # 1197
A decently attractive Very Good-Fine Brown Back with bold signatures. The surfaces are a bit soft.
Burlington, VT - $10 1929 Ty. 1 The Howard NB & TC Ch. # 1698
A lovely example which is as nice as any small note we've ever handled from this location. Gem Crisp Uncirculated.
Enosburg Falls, VT - $10 1902 Plain Back Fr. 624 The First NB Ch. # 7614
This note comes from one of Vermont's smallest issuers, with the census from here standing at just two large and no small examples recorded to date. This is one of the two large notes in that count, and, despite some wallet staining which is most visible on the back, is by far the nicer of the pair. This institution was the sole large size issuer in this tiny northern Vermont hamlet, and, with a miniscule $795 outstanding in 1935, opportunities to buy a large note from here will likely be quite limited in the future. Fine or better, but with a split at the top and the aforementioned wallet staining.
Lyndon, VT - $1 1875 Fr. 383 The NB of Lyndon Ch. # 1140
A lovely First Charter example from this none too common location. The margins are close in the typical New England style, but the note is exceptionally bright and still possesses far above average eye appeal. Sharp Extremely Fine.
Lyndon, VT - $1 1875 Fr. 383 The NB of Lyndon Ch. # 1140
An attractive First Charter example from this none too common location. The margins are close in the typical New England style, but the note is bright and still possesses above average eye appeal. Very Fine, with a hinge remnant on the back which affects nothing.
Montpelier, VT - $10 1929 Ty. 1 The First NB Ch. # 748
This institution is considerably the scarcer of Montpelier's two issuers, with small notes just as tough to find as large. Very Fine.
Montpelier, VT - $10 1902 Plain Back Fr. 624 The Montpelier NB Ch. # (N)857
An exceptional example from the Vermont state capital which is the only large note in the census from this bank to be graded higher than Extremely Fine. This specimen is an absolute peach, with jet black signatures, great originality, and good margins all around. Gem Crisp Uncirculated.
Proctorsville, VT - $10 1929 Ty. 1 The National Black River Bank Ch. # 1383
A beautifully centered and crackling fresh example from this very scarce bank. Choice Crisp Uncirculated.
Richford, VT - $5 1902 Plain Back Fr. 607 The Richford NB Ch. # 11615
An attractive example which is as nice as any large note known from this one bank community. Extremely Fine.
Richford, VT - $10 1929 Ty. 1 The Richford NB Ch. # 11615
Series 1929 examples are considerably more scarce than are large notes from this one bank location, with the current census standing at just seven pieces. This Very Fine note is as nice as any in that group.
Rutland, VT - $1 Original Fr. 380 The NB of Rutland Ch. # 1450
First Charters only from this Rutland bank, which went out shortly before the expiration of its charter in 1885. This ace is very well circulated, especially on the back, where the right quarter has some wallet stains and paper pulls. Very Good.
Altavista, VA - $5 1902 Plain Back Fr. 600 The First NB Ch. # 9295
A tough small town Virginia note in large size, with just four such examples reported in the census. This recently discovered piece is new to that listing. Fine.
Danville, VA - $5 1902 Plain Back Fr. 600 American NB & TC Ch. # 9343
A new addition to the census, with this just the fifth example to surface carrying this bank's second and much scarcer title. While well circulated, the note retains a bright appearance and strong stamped signatures. Very Good-Fine.
Hallwood, VA - $10 1929 Ty. 2 The Hallwood NB Ch. # 7659
A very scarce note from the only bank to issue in this tiny eastern shore community, with Track & Price reporting no offerings of any kind from this institution in more than five years. Bright Very Fine+++.
Purcellville, VA - $5 1902 Plain Back Fr. 607 The Purcellville NB Ch. # 6018
This was the only issuer located in this small Loudon County locale. Tonight's offering is a well circulated Very Good that retains its signatures. While a couple of minor splits and tears are noticed, the note is solid for this amount of wear. The note has the added attraction of being postally cancelled on the back on July 4th, 1976 at Monticello, VA.
Quantico, VA - $5 1929 Ty. 2 The First NB Ch. # 12477
A small group of high grade notes from this Prince William County bank surfaced over thirty years ago and has since become widely dispersed. This piece, graded Choice Uncirculated 64 EPQ by PMG, is about as nice as any from here we have ever encountered.
Richmond, VA - $10 1902 Red Seal Fr. 615 National State Bank Ch. # (S)8666
From the first title used by this better capital city bank, this is a well circulated Red Seal that still retains strong signatures and a bright red overprint. The note has picked up a few stains but still has some snap to the paper. Certainly a much better type from a southern state. Very Good+.
Rural Retreat, VA - $20 1902 Plain Back Fr. 654 The First NB Ch. # 10061
A very well circulated large example from this tough southwest Virginia location. Very Good, with some chips out of the margins, a skin on the reverse, and a corner tip off.
Wytheville, VA - $10 1902 Plain Back Fr. 626 The First NB Ch. # (S)9012
A tougher SW Virginia note which is a bit nicer than the example from here which we sold for $900 back in January of 2007. Bright Very Fine, with sharp purple signatures, trimmed just a bit into the design at the bottom left end.
Seattle, WA - $50 1902 Date Back Fr. 670 The Seattle NB Ch. # (P)4229
Only three banks in the state have $50 1902 Date Backs and/or Plain Backs recorded in the Kelly census. All three of those banks were located in Seattle and 31 $50s are spread out among them. Very Fine, with a partial tellers stamp on the face.
Tacoma, WA - $5 1929 Ty. 1 The Brotherhood-Cooperative NB Ch. # 12667
The last time a small size example on this charter number was offered by an auction house was in 2002. This was an union affiliated bank, which, like most of these labor organized institutions, failed to survive the Great Depression, with the receiver arriving to close the doors forever in February 1932. Very Good.
Walla Walla, WA - $20 1929 Ty. 1 The Baker-Boyer NB Ch. # 3956
A very scarce bank with a most desirable private name title. Very Fine, considerably nicer than the example from here which realized over $2000 in our last sale.
Charleston, WV - $5 1902 Red Seal Fr. 587 The Charleston NB Ch. # (S)3236
An attractive piece for the grade with a bold red overprint. There are a few splits noted in the paper, all of which have been expertly closed. Very Good.
Elm Grove, WV - $20 1902 Plain Back Fr. 652 The First NB & TC Ch. # 8983
The purple stamped signatures are still quite legible on this bright Fine-Very Fine example that carries the second title used by this Ohio County bank. While available in small size, it is a bit scarce in large.
Fairview, WV - $20 1929 Ty. 1 The First NB Ch. # 10219
Type Ones only in small size from a very rare bank that closed its doors in 1931. During the Series 1929 era, this Marion County institution printed a mere 578 sheets. Bright Very Good-Fine, but with several staple holes.
Gary, WV - $5 1902 Date Back Fr. 592 The Gary NB Ch. # (S)8333
This is a rare bank that has had only three notes reported over the years. All are Plain Backs, while this $5 becomes the first Date Back to be documented. Auction appearances are spotty at best with a scant three over the last 26 years. In 2005 a low end $5 graded "Good" on this bank sold for over $2600. You can expect this $5 to challenge that figure. Very Good, with blue stamped signatures of J.H. Barker and R.V. Shanklin.
Oak Hill, WV - $10 1902 Plain Back Fr. 634 The Oak Hill NB Ch. # 12075
The paper is perfectly original and problem free. Fine, a nice note from a scarce bank.
Romney, WV - $10 1902 Plain Back Fr. 627 The First NB Ch. # 9766
An attractive piece which is considerably nicer than most large notes known from this community. Very Fine, with turquoise signatures.
Appleton, WI - $5 1882 Brown Back Fr. 472 The First NB Ch. # 1749
A scarcer type and denomination from this Appleton bank. Pen signed Fine.
Appleton, WI - $20 1875 Fr. 435 The Commercial NB Ch. # 2565
First and Second Charter notes only from this scarcer Appleton bank, which went out in 1919. This example is a very attractive 1875 $20 that maintains a bright appearance. The signatures are strong and the colors are still vibrant. This rarer type should attract considerable interest. Very Fine.
Bangor, WI - $20 1929 Ty. 1 The First NB Ch. # 13202
This is a nice example from this scarcer western Wisconsin bank. Traces of embossing remain but some areas of light wallet soiling hold back the grade. Fine-Very Fine.
Baraboo, WI - $20 1929 Ty. 1 The First NB Ch. # 3609
This bank issued small size notes under two titles before being closed by the receiver in 1933. This example is from the first, and scarcer title and was used for just six months on their small size notes. Fine, but with several pinholes.
Bayfield, WI - $10 1929 Ty. 1 The First NB Ch. # 7158
An extremely scarce note from the sole bank to issue in remote Bayfield County. Our records show very few offerings of any kind from here, particularly over the last few years. Very Good-Fine.
Beloit, WI - $50 1902 Plain Back Fr. 685 The Second NB Ch. # 2725
A mere eight notes are listed in the census for this Rock County bank that issued primarily just high denominations in large size. Two of those eight notes are $50 Plain Backs including this example which carries the seldom seen "Fourth Charter" plate date of 1922. Track & Price reports no offerings of any Third Charter example from this bank during the past twenty five years. Very Fine, with sharp pen signatures and excellent color.
Blair, WI - $20 1929 Ty. 1 The First NB Ch. # 10667
An exceedingly rare note from this one bank town with just a half dozen small size in the census. There have been no public sales since we offered a Plain Back over five years ago. Very Fine, certain to see some spirited bidding by this state's many active collectors.
Fennimore, WI - $10 1902 Plain Back Fr. 626 The First NB Ch. # 9522
An even dozen large notes are recorded from this Grant County bank, with this the only $10 example known. Pen signed Fine.
Fennimore, WI - $10 1929 Ty. 1 The First NB Ch. # 13599
The scarcer of this community's two issuing banks, with the census listing 18 survivors from here. Very Good-Fine, with a small circular stain noticed on the portrait.
Fond Du Lac, WI - $20 1902 Date Back Fr. 644 The Fond Du Lac NB Ch. # (M)3685
Large notes only from this scarce Fond du Lac bank, which liquidated in 1918. While well circulated, this example is typical of Date Backs in that the color is still quite vibrant. Just a few tiny edge splits are noticed on this bright Very Good $20.
Fond Du Lac, WI - $20 1882 Date Back Fr. 555 The Commercial NB Ch. # (M)6015
One of three $20 Date Backs listed in the census for this popular Wisconsin location. Very Good-Fine, with nice signatures.
Fort Atkinson, WI - $20 1902 Date Back Fr. 642 The First NB Ch. # (M)157
A Very Fine-Extremely Fine example from a scarce Wisconsin institution, the sole issuing bank in this Jefferson County community. The inks are colorful, the signatures strong, and the paper bright and clean. This pretty piece has just too many light folds for the full XF grade. It is a classic example of why census reports have to be taken with a large grain of salt as Track & Price lists this note as a mere Fine.
Fort Howard, WI - $10 1882 Brown Back Fr. 485 The McCartney NB Ch. # (M)4783
This well circulated Brown Back carries the first and much scarcer title for this bank that changed its title after Fort Howard became part of the more familiar town of Green Bay. Befitting a note of its grade, there is some edge roughness as well as numerous splits and tears. Nonetheless, it is one of just six Brown Backs bearing this long forgotten town name. Very Good.
Hurley, WI - $5 1929 Ty. 1 The Hurley NB Ch. # 11594
Fives only in both large and small size from this scarce Iron County bank, with Series 1929 examples being just a bit scarcer than large. This is a popular location that is always in short supply. Very Good-Fine, but with some soiling on the face.
Kaukauna, WI - $10 1929 Ty. 1 The First NB Ch. # 3641
The sole bank to issue here, and a scarce note in both large and small, with the small census standing at six. The tenacity of this state's collectors is evidenced by the fact that there have been no public sales of a note from this bank for over five years. Bright Fine-Very Fine, but with some light soiling on the back.
La Crosse, WI - $10 1902 Red Seal Fr. 613 The Batavian NB Ch. # (M)7347
While not the scarcest bank, this well circulated but attractive Red Seal should certainly appeal to the many Wisconsin collectors. The signatures are strong and this Very Good example has avoided the typical problems normally associated with this level of preservation. An opportunity to acquire a Wisconsin Red Seal from a non-Milwaukee bank.
Lake Geneva, WI - $50 1929 Ty. 1 The First NB Ch. # 3125
A high denomination example from this much in demand location. Bright paper and strong embossing are highlights of this attractive note that is held back from at least a Choice grade solely because of a tight margin. PCGS New 62PPQ.
Mayville, WI - $20 1902 Plain Back Fr. 657 The First NB Ch. # (M)10653
A scarce bank in large size, with just eight notes in the census including this example which is the only $20 reported. While it certainly served its purpose in the channels of commerce, the paper is still quite bright and crisp and the signatures remain legible. Aside from some soiling on the back, the note is problem free for the grade. Fine.
Milwaukee, WI - $10 1902 Red Seal Fr. 613 The National Exchange Bank Ch. # (M)1003
A circulated but still very attractive Red Seal on this large Milwaukee bank. Fine.
Monroe, WI - $10 1902 Plain Back Fr. 624 The First NB Ch. # (M)230
A nice evenly circulated piece bearing the pen signature of the Assistant Cashier and that of Willis Ludlow, who signs as President. Nice Fine-Very Fine.
Monroe, WI - $20 1902 Plain Back Fr. 650 The First NB Ch. # (M)230
A second large example, this pen signed by the Assistant Cashier along with Vice President John T. Etter. Very Fine.
New London, WI - $10 1929 Ty. 1 The First NB Ch. # 5013
The sole bank to issue in this tiny Waupaca County community. Very Fine, with just a touch of soil on the left side, a scarce and seldom seen bank.
New Richmond, WI - $5 1902 Plain Back Fr. 606 The First NB Ch. # 11412
While this example is a well circulated Very Good, it does have the eye appeal of a slightly better grade and has managed to avoid the usual issues associated with its assigned grade level.
Oconomowoc, WI - $10 1929 Ty. 1 The First NB Ch. # 5505
The number of notes known from this bank is not miniscule; however, all but a couple of small notes have been tightly held for years. In fact, the last offering of a small size was when we sold this Fine-Very Fine example seven years ago.
Oconomowoc, WI - $10 1929 Ty. 2 The Oconomowoc NB Ch. # 13616
A much in demand note from a highly sought after Wisconsin community. The last note we had from this bank, which was a raw Very Fine, realized $2070 in a 2007 auction. This piece, which is at least as nice, is ensconced in a PCGS Very Fine 20PPQ holder.
Platteville, WI - $10 1902 Plain Back Fr. 628 The First NB Ch. # 4650
A tougher large note from the only bank to issue in this small Grant County community. Pen signed Very Fine, the first offering, according to Track & Price, of any large note since 2003.
Racine, WI - $20 1902 Plain Back Fr. 653 The Manufacturers NB Ch. # (M)1802
This scarce Racine bank issued large notes only, with the census standing at just fifteen pieces. Surprisingly, only three of that number are 1902 Plain Backs, with this example the only $20 reported. Fine or a bit better.
Shullsburg, WI - $10 1902 Plain Back Fr. 626 The First NB Ch. # (M)4055
An attractive pen signed example from this one bank community, which we sold back in May of 2003. Pleasing Very Fine+.
Viroqua, WI - $5 1902 Plain Back Fr. 600 The First NB Ch. # 8529
A bakers' dozen of large size are in the census for this one bank town including this example. While the inks are still bold, the folds are just too strong to merit a grade higher than Fine. The purple signatures help offset a few light stains.
Waupaca, WI - $20 1902 Date Back Fr. 645 The Old NB of Waupaca Ch. # (M)4424
The overprint remains a deep blue color and the paper is original and problem free. Very Fine.
Waupaca, WI - $5 1902 Plain Back Fr. 601 Old NB Ch. # (M)4424
From the second title used by this bank, the signatures are still quite legible on this well circulated Very Good-Fine example that has suffered a few pinholes.
Waupun, WI - $5 1902 Plain Back Fr. 599 The NB of Waupun Ch. # (M)7898
The pen signatures of Ben Kasten as Cashier and C.E. Hooker as Vice President are found on this well circulated but intact Very Good-Fine example. Mr. Hooker must have been rather active as his signature is found on a few other of the surviving examples from this bank.
Wausau, WI - $5 1929 Ty. 1 The First NB Ch. # 2820
In September 2001, we described this piece as "Nicely centered Gem Crisp Uncirculated." Years later, after a trip to PMG, we are gratified to see that our description of this wonderfully embossed and perfectly centered note has been validated. PMG Superb Gem Uncirculated 67 EPQ.
Wauwatosa, WI - $10 1902 Plain Back Fr. 626 First NB Ch. # 8689
Strong remaining signatures are noted on this note, which comes from a town which has always been a hotbed of Wisconsin collectors. Fine-Very Fine.
Weyauwega, WI - $10 1929 Ty. 1 The First NB Ch. # 7470
Another elusive Wisconsin location where the bank's notes have been tightly held for what seems like decades. We sold this Fine example seven years ago and no small size on this bank have been publicly offered since that sale.
Cheyenne, WY - $5 1902 Plain Back Fr. 606 The American NB Ch. # (W)11380
A new piece to the census, and a welcome addition as well, as the supply of large notes from this state is never enough to satisfy the appetite of the many collectors of Wyoming nationals. This example is well circulated but surprisingly intact, and it retains decent signatures. Very Good.
Green River, WY - $10 1929 Ty. 1 First NB Ch. # 10698
An attractive example which is certain to please. This piece has been off the market since it last appeared in our November, 1992 St. Louis sale. Bright Very Fine.
Laramie, WY - $10 1929 Ty. 1 The Albany NB Ch. # 3615
A sharply printed example which is considerably nicer than most small notes seen from Laramie. Very Fine+.
Rawlins, WY - $5 1929 Ty. 1 The First NB Ch. # 4320
An above average small example, with the grade lowered because of some soiling on the reverse. Fine-Very Fine.

Session 3
Small Size
Fr. 1500 $1 1928 Legal Tender Note. PCGS Superb Gem New 67PPQ.
The margins are almost perfect on this note which is one the finest notes from the initial 5000 note Washington, DC release in 1933. An elusive grade in the series as a whole, but seldom seen within this special run.
Fr. 1500 $1 1928 Legal Tender Note. Low Serial Number. PMG Superb Gem Unc 67 EPQ.
This note may well be the highest graded three digit example encapsulated by either PCGS or PMG. Strikingly original with excellent margins and a blazing red overprint.
Fr. 1500 $1 1928 Legal Tender Note. PMG Superb Gem Unc 67 EPQ.
Here is another pleasing superb example from the initial release in 1933. Wonderful centering and bright overprints generate plenty of eye appeal for this serial number 4582 example.
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
A pristine example with exceptional centering as well, and bearing low serial number A00000970A as a bonus.
From The Collection of Albert Rollins
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
A strongly overprinted example that exhibits plenty of embossing.
Fr. 1500 $1 1928 Legal Tender Note. PCGS Gem New 66PPQ.
This well embossed note boasts a cherry red overprint.
Fr. 1500 $1 1928 Legal Tender Note. PCGS Gem New 66PPQ.
This note carries serial number 1583, and few notes from this serial number range were saved by collectors of the day when the first five thousand were released in 1933. Nicely margined with bright fire engine red inks.
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
Here is another opportunity to procure an example from the fabled first release. Four digit serial number 4487 is exhibited by this nicely margined note.
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
The margins are quite large and the overprint bold on this always popular one year type issue.
Fr. 1500 $1 1928 Legal Tender Note. PCGS Gem New 66PPQ.
A blazingly original issue with pleasing paper waves and bold embossing.
Fr. 1500 $1 1928 Legal Tender Note. PCGS Gem New 66PPQ.
At this level, the line between Gem and Superb is often a millimeter difference in centering. That's the case here on this perfectly embossed and bright white Ace.
Fr. 1500 $1 1928 Low Serial Number Legal Tender Note. PMG Gem Uncirculated 66.
Three digit serial number 351 is shown by this wonderful note that is evenly margined and well inked. Not many examples were saved from the initial release in 1933.
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
The paper is perfect in all regards and the embossing is easily seen through the holder.
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
Bright overprints grace clean surfaces on this popular type note.
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
Serial number 4905 is seen on this well margined note first released in 1933. The inks are bright and the centering decent.
Fr. 1500 $1 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
Here is another colorful gem from this initial release that carries serial number 4156.
Fr. 1500 $1 1928 Legal Tender Note. Gem Crisp Uncirculated.
This is yet another note from the initial Washington DC release. The rest of these notes were released in Puerto Rico in 1949.
Fr. 1500 $1 1928 Legal Tender Note. CGA Gem Uncirculated 65.
This is a beautifully centered example bearing low serial number A00001089A.
Fr. 1500 $1 1928 Legal Tender Note. Low Serial Number. PMG Choice Uncirculated 64 EPQ.
Three digit serial number A00000130A graces this pleasing note.
Fr. 1500 $1 1928 Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
Wonderful embossing is observed on this note with bright fire engine red overprints.
Fr. 1500 $1 1928 Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
The colors are bright and the margins adequate for the grade assigned.
Fr. 1500 $1 1928 Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
A nice bright example carrying the "EPQ" designation.
Fr. 1500 $1 1928 Legal Tender Note. PCGS Very Choice New 64PPQ.
This low serial number A00000176A red seal is nicely margined with a sharp overprint. It has been some time since we have been able to offer so many of these low serial number notes.
Fr. 1500 $1 1928 Legal Tender Note. Serial Number 16. PMG Choice Uncirculated 63 EPQ.
From our 2007 Long Beach Signature auction where the description read, "This note carries desirable low serial number A00000016A and is from the second sheet of these one year type notes printed. Wonderful eye appeal and a great serial number, the lowest of which we have offered in quite some time, should generate much interest. An as made wrinkle is seen in the upper margin at left."
Fr. 1501 $2 1928 Legal Tender Note. PMG Superb Gem Unc 67 EPQ.
To date, no example of this issue have been graded finer by either PMG or PCGS. This piece boasts spectacular margins and bold embossing.
Fr. 1501 $2 1928 Legal Tender Note. PCGS Superb Gem New 67PPQ.
Just under two dozen examples for this issue have been awarded this grade, with none higher. A new value will be established as this is the first 67 from either PMG or PCGS to be auctioned by us.
Fr. 1501 $2 1928 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
Natural paper waves, bold embossing and solid margins are noted on this pleasingly original piece.
Fr. 1501 $2 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
A real beauty bearing low serial number A00003999A. PMG comments Exceptional Paper Quality, Great Embossing" on the holder of this screamingly original example.
From The Collection of Albert Rollins
Fr. 1501* $2 1928 Legal Tender Note. PMG Choice Uncirculated 64.
Evenly margined, with a little tightness at the right not distracting from this bright replacement note.
Fr. 1501* $2 1928 Legal Tender Note. PCGS Choice New 63PPQ.
This scarce Legal Tender star has ideal eye appeal including bright white paper and a deep red overprint. The margins are ample, though a touch small along the bottom at lower left.
Fr. 1503 $2 1928B Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
This gorgeous example of the key to the regular issue series is quite vivid with plenty of embossing still visible within the holder.
Fr. 1503 $2 1928B Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
This example of the key to the regular issue deuces remains quite bright and displays a deeply embossed overprint.
Fr. 1503* $2 1928B Legal Tender Note. PMG Choice Fine 15.
This exciting new discovery brings the total number of 1928B Stars known to a total of eight. This piece, though a bit toned, boasts solid paper for the grade. The all important overprint is bright and the overall appearance easily worthy of the PMG assigned Choice Fine 15 designation. A $46,000 realization for the PCGS VF 25 PPQ 1928B $2 Legal Star in January of this year leads us to believe our estimate here may prove conservative.
Fr. 1504* $2 1928C Legal Tender Note. PMG Very Fine 20 Net.
Repairs are noted by PMG on this sought after replacement note.
Fr. 1505 $2 1928D Legal Tender Note. Fourteen Examples. Choice Crisp Uncirculated.
This crackling fresh grouping is closely serial numbered. There are nine Mules and four Non-mules so there are changeovers galore.
Fr. 1505* $2 1928D Legal Tender Note. PCGS Very Choice New 64PPQ.
The overprint remains quite bright and the embossing pronounced on this always in demand replacement note.
Fr. 1505* $2 1928D Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
Plenty of embossing is noticed within the holder of this always in demand replacement note.
Fr. 1505* $2 1928D Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
The bottom margin is the grade limiting factor on this otherwise vibrantly hued note.
Fr. 1505* $2 1928D Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
This is another lovely replacement note that is sure to please.
Fr. 1505* $2 1928D Legal Tender Note. PCGS Choice New 63PPQ.
Here is another pack fresh beauty that will be a welcome addition to any small size collection.
Fr. 1505* $2 1928D Legal Tender Note. PCGS Choice New 63PPQ.
The top margin is a touch thin on this brightly inked replacement.
Fr. 1507 $2 1928F Legal Tender Notes. Uncut Sheet of 12. Choice Crisp Uncirculated.
This is a new sheet that can be added to the 24 in the census. This is an overall lovely example with the classic fire engine red overprint and bright white paper. The bottom corners have minor folds. The fold at left reaches the design and at right that fold stays within the margin.
Fr. 1507* $2 1928F Legal Tender Note. PCGS Gem New 65PPQ.
A beautiful star note with great centering and loads of eye appeal. The new catalogue values this at $1000 in Gem, and this PCGS certified example certainly more than meets the Gem criteria.
Fr. 1507* $2 1928F Legal Tender Note. PMG Choice Uncirculated 64.
This bright replacement note suffers from some adhesive on the back.
Fr. 1507* $2 1928F Legal Tender Note. PMG Choice Uncirculated 63.
The face margins have held back the grade a bit on this bright replacement.
Fr. 1511* $2 1953B Legal Tender Note. PCGS Superb Gem New 68PPQ.
PCGS has not graded another of this Friedberg number equal to or higher than this note as of this writing. This is a lovely piece destined for a high-power Registry Set.
Fr. 1513 $2 1963 Legal Tender Notes. 47 Consecutive Examples. Very Choice Crisp Uncirculated.
This is a pleasing group of pack fresh notes put away long ago.
Fr. 1513 $2 1963 Legal Tender Notes. 50 Consecutive Examples. Very Choice Crisp Uncirculated.
A couple of star notes are noticed in this bright, original half-pack that came from the Buffalo Branch of the Federal Reserve Bank of NY.
Fr. 1513 $2 1963 Legal Tender Notes. Original Pack of 100. Choice Crisp Uncirculated.
The margins are large on this pack that has a small corner bump that affects some of the middle notes at the upper right.
Fr. 1513 $2 1963 Specimen Legal Tender Note. PMG Choice About Unc 58.
A perfect mate to the 1963A series specimen below., also from the H-G block, and with comments on back that the pinholes prevent the EPQ designation. This note is from the A plate position.
Fr. 1513* $2 1963 Legal Tender Notes. Original Pack of 100. Very Choice Crisp Uncirculated.
We have not had the pleasure of auctioning a complete, original pack of replacement notes for this series in quite some time. These lovely and colorful notes are surrounded by a strap dated from 1965.
Fr. 1514 $2 1963A Legal Tender Notes. 49 Consecutive Examples. Choice Crisp Uncirculated.
The last note in this red seal group displays some corner folds.
Fr. 1514 $2 1963A Specimen Legal Tender Note. PMG Choice About Unc 58 EPQ.
"SPECIMEN" appears twice on the face and twice on the back of this note that carries true ladder serial number H12345678G. PMG has commented that pinholes have negated the EPQ designation. This is the D plate position note.
Fr. 1525* $5 1928 Legal Tender Note. Choice Crisp Uncirculated.
A lone center fold does little to distract from this well embossed note that carries a neat partial radar that starts with a zero.
Fr. 1527* $5 1928B Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
A nice looking example with a vivid red overprint housed in a PMG 64 EPQ holder. Truly new specimens of these early red seal replacement notes are hotly contested.
Fr. 1527* $5 1928B Legal Tender Note. PMG Choice Uncirculated 63.
A sharp example of this none too common star, which catalogues for $1200 in Choice CU in the latest edition of the Schwartz-Lindquist catalogue.
Fr. 1528* $5 1928C Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
Red seal star notes have always held a special place with collectors. Expect a realization for this beauty in the area of. . .
Fr. 1528* $5 1928C Legal Tender Note. PMG About Uncirculated 55 EPQ.
A center fold is detected through the holder on this original note, confirmed by PMG's "EPQ" designation.
Fr. 1529 $5 1928D Legal Tender Note. PCGS Gem New 66PPQ.
The originality of this note is unmistakable and should warrant plenty of interest.
Fr. 1529 $5 1928D Mule Legal Tender Note. PCGS Choice About New 55.
Nice embossing and bold red inks add to the eye appeal of this lightly circulated Mule that carries the all important Back Plate Number 637. This note is extremely rare in all grades but particularly scarce at this level.
Fr. 1529* $5 1928D Legal Tender Note. PCGS About New 53.
One of the true star note rarities in this series, and an item which arouses intense interest whenever it is offered. We have had very few opportunities to handle this note in this state of preservation. Bold color and three tremendous margins are hallmarks of this lightly handled example.
Fr. 1529* $5 1928D Legal Tender Note. Very Good-Fine.
96,000 replacements were printed for this series. The note is intact and leans closer to the higher of the split grade.
Fr. 1530* $5 1928E Legal Tender Note. Choice About Uncirculated.
An light corner bend is seen on this scarce, Gem-looking star.
Fr. 1532 $5 1953 Specimen Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
The first in a quartet of Specimen notes that are offered for each of the series 1953 issues. This example displays "Specimen" printed front and back at right.
Fr. 1532* $5 1953 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
This lofty grade seems well deserved for this ever popular replacement issue.
Fr. 1533 $5 1953A Specimen Legal Tender Note. PMG Superb Gem Unc 67 EPQ.
Simply a stunning example of a note which is offered here for the first time. Great color and huge margins complement the specimen ladder serial number of H12345678G. "SPECIMEN" is stamped twice in large letters.
Fr. 1534 $5 1953B Specimen Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
This stunner is a near superb example with the Smith-Dillon signature combination. Like the 1953-A example above, this also has the ladder serial, and this note is from plate position H.
Fr. 1535 $5 1953C Specimen Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
A bit different stamping format is used on this issue. "SPECIMEN" is stamped horizontally and vertically on the face and twice vertically on the back. Ladder serial number H12345678G is observed.
Fr. 1536 $5 1963 Legal Tender Notes. 24 Consecutive Examples. Gem Crisp Uncirculated.
This pleasing run contains pack fresh, well margined notes.
Fr. 1550 $100 1966 Legal Tender Note. PMG Superb Gem Unc 67 EPQ.
A beautiful example in exceptionally nice grade, with this note tied (with about a dozen and a half others) as the finest known PMG graded 1966 $100 Legal. Expect this bright and well centered beauty to reach or exceed...
Fr. 1550 $100 1966 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
Nice centering and a bright overprint highlight this red seal.
Fr. 1550 $100 1966 Legal Tender Note. PCGS Gem New 66.
Evenly spaced margins are noticed on this colorful red seal.
Fr. 1550 $100 1966 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
A gorgeous example of this one year type bearing desirable two digit serial number A00000034A. PMG notes on the holder containing this totally original Gem "Exceptional Paper Quality, Great Embossing."
From The Collection of Albert Rollins
Fr. 1550 $100 1966 Legal Tender Note. PCGS Very Choice New 64PPQ.
This bright red seal exhibits great margins for the grade.
Fr. 1550* $100 1966 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
Three digit serial number *00000414A is seen on this wonderfully centered note.
Fr. 1550* $100 1966 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
A gorgeous example of this latter day star rarity. The PMG holder notes both "Exceptional Paper Quality" as well as "Great Embossing," with the color and eye appeal first-rate as well.
From The Collection of Albert Rollins
Fr. 1550* $100 1966 Legal Tender Note. PCGS Choice About New 55.
A center fold is noticed within the holder on this well inked replacement.
Fr. 1550* $100 1966 Legal Tender Note. PMG Choice Extremely Fine 45.
This is a high end circulated example of this always in demand modern day rarity that carries serial number *00003334A.
Fr. 1550* $100 1966 Legal Tender Note. PMG Extremely Fine 40 EPQ.
This is an elusive replacement at any grade level.
Fr. 1550* $100 1966 Legal Tender Note. PMG Very Fine 30.
This four digit star is solid for the grade and very well margined. Adding to the appeal is the descending digits in the serial number, *00008765A.
Fr. 1551 $100 1966A Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
PMG has graded 118 examples of the last of the $100 Legals to date, with only two pieces finer than this beauty. It's every bit as nice as the similarly graded note which realized $2300 in our May sale.
From The Collection of Albert Rollins
Fr. 1551 $100 1966A Legal Tender Note. PCGS Gem New 66PPQ.
This elusive issue features vibrant overprints on pack fresh paper that looks like it was printed yesterday.
Fr. 1551 $100 1966A Specimen Legal Tender Note. PMG About Uncirculated 53.
Pinholes have once again limited the grade on a desirable issue. "SPECIMEN" is printed twice face and back vertically. The eye appeal is first rate and the scarcity of a specimen for this issue cannot be understated. Sure to generate considerable interest before the hammer falls.
Fr. 1551 $100 1966A Legal Tender Note. About Uncirculated.
A faint center fold is noticed on this bright example from the tougher "A" series.
Fr. 1600 $1 1928 Silver Certificate. Two Digit Serial Number. PMG Gem Uncirculated 65 EPQ.
This pleasing well margined example carries low two digit serial number B00000047A.
Fr. 1600/1601 $1 1928/1928A Silver Certificate Reverse Changeover Pair. PMG Gem Uncirculated 66 EPQ/65 EPQ.
This reverse changeover pair is from the H-A block and boasts wholly original paper with deep embossing and nice margins.
Fr. 1600 $1 1928 Silver Certificate. Seven Two's in a Row. CGA Gem Uncirculated 65.
This almost solid serial number blue seal Ace serves up plenty of eye appeal.
Fr. 1600 $1 1928 Silver Certificate. Two Digit Serial Number. PMG Choice Uncirculated 64 EPQ.
Serial number E00000015A is displayed by this brightly overprinted note offering plenty of originality.
Fr. 1600 $1 1928 Silver Certificate. Two Digit Serial Number. PMG Choice Uncirculated 64 EPQ.
Serial number B00000031A is carried by this blue seal note.
Fr. 1600 $1 1928 Silver Certificates. Six Consecutive Examples. Very Choice Crisp Uncirculated.
A couple of gem notes are noticed in this strongly embossed group.
Fr. 1600* $1 1928 Silver Certificate. PMG Gem Uncirculated 66 EPQ.
PMG has graded no examples of this star higher than Gem Uncirculated 66 EPQ, tying this piece for PMG's "Finest Known."
Fr. 1600* $1 1928 Silver Certificate. PMG Gem Uncirculated 65 EPQ.
The margins are quite even and embossing plentiful on this first issue Small Size blue seal replacement.
Fr. 1600* $1 1928 Silver Certificate. PMG Gem Uncirculated 65 EPQ.
A lovely example of our first small size Silver Certificate star. It's fresh, hugely embossed, and utterly original.
Fr. 1601 $1 1928A Silver Certificate. PCGS Gem New 65PPQ.
Low serial number S00000021A is noted on this well margined ace. The overprint is as dark as one will find for the issue.
Fr. 1601 $1 1928A Silver Certificate. Two Digit Serial Number. PCGS Gem New 65PPQ.
A wonderful note displaying serial number 14 with pleasing margins and bright color.
Fr. 1601 $1 1928A Silver Certificate. Two Digit Serial Number. PMG Choice Uncirculated 64 EPQ.
Serial number K00000097A is carried by this pristine note.
Fr. 1601 $1 1928A Silver Certificate. Two Digit Serial Number. CGA Choice Uncirculated 64.
Serial number K00000071A is seen on this crisp example.
Fr. 1601* $1 1928A Silver Certificate. PMG Gem Uncirculated 65 EPQ.
An elusive grade seldom encountered for this particular replacement note issue.
Fr. 1601* $1 1928A Silver Certificate. PMG Choice Uncirculated 64 EPQ.
With more than acceptable margins, a trace of teller handling had to be the only reason this well embossed Silver star did not receive a gem grade.
Fr. 1602 $1 1928B Low Serial Number Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Two digit serial number '88' is carried by this lovely note.
Fr. 1602 $1 1928B Two Digit Serial Number Silver Certificate. PMG Choice Uncirculated 64 EPQ.
Serial number 55 graces this lovely note from the E-B block.
Fr. 1603 $1 1928C Silver Certificate. PCGS Gem New 65PPQ.
Nicely centered on both face and back, and with all the quality one could ask for in a fully gem example.
Fr. 1603 $1 1928C Silver Certificate. PMG Gem Uncirculated 65 EPQ.
The originality and eye appeal are unmistakable on this desirable note.
Fr. 1603 $1 1928C Silver Certificate. PMG Choice Uncirculated 64 EPQ.
A wonderful example that is very close to the low serial number known for the series. Current catalog value in Choice CU is $750.
Fr. 1604 $1 1928D Silver Certificate. PMG Choice Uncirculated 64 EPQ.
A lovely example of this semi-key series from the H-B block. Bright ink colors, strong embossing and fresh paper all lend credence to the grade.
Fr. 1604 $1 1928D Silver Certificates. Uncut Sheet of 12. About Uncirculated.
This Silver Certificate uncut sheet is from the third scarcest series. The notes are nicely centered on the sheet leaving it with four broad margins. The sheet has a light fold between the third and fourth rows. There are also adhesive residue spots in each corner, but these are of little importance. Overall, a quite attractive item with embossing and dark inks creating plenty of eye appeal.
Fr. 1605 $1 1928E Silver Certificates. Uncut Vertical Pair. PMG Superb Gem Unc 67 EPQ.
This is a highly unusual offering of the key to the $1 Silvers in a two-subject format. This pair was cut from an uncut sheet with great care resulting in the wide margins. The corners are sharp and the inks are dark to go along with the embossing and natural paper wave that is viewed through the third-party holder. PMG has graded only two at this grade level and none higher and this pair are the two notes. Expect to see some serious bidding from small size specialists when this lot goes under the hammer.
Fr. 1605 $1 1928E Silver Certificate. PMG Choice Uncirculated 64 EPQ.
Nice margins and flashy color abound on this, the 234th note printed for the series.
Fr. 1605 $1 1928E Silver Certificate. Very Fine-Extremely Fine.
A high end example of this key piece with the lightest of circulation and the appearance of a new note at first glance.
Fr. 1605 $1 1928E Silver Certificate. PMG Very Fine 20.
This is an attractive example in a desirable grade.
Fr. 1605 $1 1928E Silver Certificate. PMG Very Fine 20.
This pleasing mid grade example exhibits plenty of crispness within its encapsulation.
Fr. 1606 $1 1934 Low Serial Number Silver Certificates. Three Consecutive Examples. CGA Gem Uncirculated 66 (2) and Gem Uncirculated 67.
The last note in this low serial number trio from the first block of issuance grades 67.
Fr. 1606 $1 1934 Silver Certificate. PMG Choice Uncirculated 64 EPQ.
Solid serial number F11111111A, a wonderful example which is the only solid serial example we know of from this series. PMG has graded this beauty Choice Uncirculated 64EPQ, and noted a tiny "As Made Ink Stain" on the reverse which affects nothing. Any estimate here is just a guess, but if rarity and desirability are any guide, expect a realization in the area of...
Fr. 1606 $1 1934 Silver Certificate. Two Digit Serial Number. PMG Choice Uncirculated 64 EPQ.
Serial number F000000019A is carried by this single year issued Funnyback. A touch better centering and this "fancy" may have been a gem.
Fr. 1606* $1 1934 Silver Certificate. PMG Choice Uncirculated 64 EPQ.
The original surfaces really stand out on this blazing example that is hurt by a thinner margin at left.
Fr. 1606* $1 1934 Silver Certificate. PMG Choice Uncirculated 64 EPQ.
The margin along the top is a touch tight on this strictly original note that carries the solid one counter at left.
Fr. 1606* $1 1934 Silver Certificate. PCGS Choice New 63PPQ.
This is an attractive example from this colorful issue with the large blue "1" counter. Only the thinness of the bottom margin keeps this note from ascending higher on the grade scale.
Fr. 1606* $1 1934 Silver Certificate. PMG Uncirculated 62 Net.
This replacement has been flagged for "whiteout". Still a crisp and bright replacement from a popular issue.
Fr. 1606* $1 1934 Silver Certificate. PMG Choice About Unc 58 EPQ.
This bright replacement just misses due to a soft fold.
Low serial Number Fr. 1607 $1 1935 Silver Certificates. Vertical Strip of Three. PMG Superb Gem Uncirculated 68 EPQ.
This is a most impressive trio from the first block of the 1935 Series with serial numbers A00000656-8A The margins are wide and paper originality is easily seen through the third party holder, too. PMG has not graded any of these equal or higher, while PCGS has graded two equal and only one higher as of this writing.
Fr. 1607 $1 1935 A-B Experimental Silver Certificate. PMG Gem Uncirculated 66 EPQ.
Without question, this is one of the nicest examples of this special printing we have offered. Wonderful centering on the face is complemented by excellent color.
Fr. 1607 Low Serial Number $1 1935 Silver Certificate. C-B Experimental. PMG Choice Uncirculated 64 EPQ.
Low serial number C00000036B graces this choice example of the scarce C-B experimental block. The C-B block issue is from a print run of 3.3 million notes, beginning on December 1, 1937. They were printed on regular paper as a test control.
Fr. 1608 $1 1935A Silver Certificates. Fifty Consecutive Examples. Crisp Uncirculated.
About two-thirds of the notes in this pleasing run exhibit a corner tip fold at lower left.
Fr. 1609 $1 1935A R Silver Certificate. PMG Gem Uncirculated 66 EPQ.
The margins are equidistant and the color bold on this ever popular "R" experimental.
Fr. 1609 $1 1935A R Silver Certificate. PMG Gem Uncirculated 66 EPQ.
The difference in the experimental paper quality is clearly evident when "R" and "S" notes are compared side by side. This piece is a perfect match to the well margined "S" 66 EPQ also offered in this auction.
Fr. 1609 $1 1935A R Silver Certificate. PMG Gem Uncirculated 65 EPQ.
This wonderful note carries a pedigree from our famed Taylor Family Collection.
Fr. 1610 $1 1935A S Silver Certificate. PMG Superb Gem Unc 67 EPQ.
As luck would have it we have the good fortune to present both superlative examples of this experimental issue graded by PMG. Two lucky collectors will have the opportunity to acquire the finest known examples extant for the "S" issue.
Fr. 1610 $1 1935A S Silver Certificate. PMG Superb Gem Unc 67 EPQ.
PMG has so far certified 181 of these experimental notes, with only two meeting the standards necessary for the coveted Superb Gem Unc. 67 EPQ designation, with none higher. This is one of those two examples. It is a perfectly centered beauty with plenty of eye appeal and enough rarity in this grade to merit inclusion into any collection of the very finest graded Silver Certificates. Expect some spirited bidding on this lot before the hammer falls, likely in the range of...
Fr. 1610 $1 1935A S Silver Certificate. PMG Gem Uncirculated 66 EPQ.
Top to bottom the margins are well spaced and the color bold. The "S" is especially vibrant and the overall look appealing.
Fr. 1610 $1 1935A S Silver Certificate. PMG Gem Uncirculated 66 EPQ.
Simply another stunning, well margined "S" Experimental beauty that would complement the "R" above in 66 EPQ.
Fr. 1610 $1 1935A S Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Wide margins highlight this wonderful experimental which debuted in 1944.
Fr. 1610 $1 1935A S Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Bold Blue serials and seal contrast nicely with the rich Red "S" on this Gem.
Fr. 1609 $1 1935A R Silver Certificate. PMG Choice About Unc 58 EPQ.
Fr. 1610 $1 1935A S Silver Certificate. PMG Choice About Unc 58 EPQ.

This evenly matched experimental pair both suffer from a soft fold.
Fr. 1611 $1 1935B Silver Certificates. Uncut Sheet of 12. Very Choice Crisp Uncirculated.
This is a well preserved sheet with dark inks and bright paper.
Fr. 1611 $1 1935B Silver Certificates. Seventy-five Examples. Choice Crisp Uncirculated.
Several different blocks are noticed in this grouping that may have some gems hiding inside.
Fr. 1613N/W $1 1935D Narrow/Wide Reverse Changeover Pair of Silver Certificates. Choice Crisp Uncirculated.
This is not your usual changeover pair from this series as this pair includes the elusive Wide M-G block. This is also the rarest regular block for the 1935D Series.
Fr. 1613N $1 1935D Wide Silver Certificates. Uncut Sheet of 12. Choice Crisp Uncirculated.
This is a lovely sheet that appears gem at first glance with its bull's eye centering within four wide margins, but the lower right corner has a small old fold that barely touches the design.
Fr. 1613W & Fr. 1613N $1 1935D Silver Certificates. 50 Consecutive Examples. Choice Crisp Uncirculated.
There are a total of eight changeover and reverse changeover pairs combined in this half pack which is dated from 1952.
Fr. 1613W* $1 1935D Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Here is an evenly margined example of the more elusive wide star variety.
Fr. 1614 $1 1935E Silver Certificate. PMG Choice Uncirculated 63 EPQ.
A very neat note bearing serial number C10000000H. PMG has noted the special serial number on the holder. This number is actually considerably scarcer than its reverse image, a serial number 1 example.
Fr. 1614 $1 1935E Silver Certificate. PMG Choice Uncirculated 63.
A lovely example bearing desirable solid serial number X55555555G.
From The Collection of Albert Rollins
Fr. 1614 $1 1935E Silver Certificates. Original Pack of 100. Choice Crisp Uncirculated.
A gorgeous pack, with wonderful original surfaces. The last note has a corner fold, and some notes in the pack have a small corner bump as well.
Fr. 1615 $1 1935F Silver Certificates. 50 Consecutive Examples. Choice Crisp Uncirculated.
This is a wonderful group of original notes which is composed of the first 50 notes in a pack.
Fr. 1616 $1 1935G No Motto Silver Certificates. Ninety Consecutive Examples. Choice Crisp Uncirculated.
The first ten notes from this pack were placed into circulation many years ago.
Fr. 1617 $1 1935G With Motto Silver Certificates. Sixty Examples. Choice Crisp Uncirculated.
These are all nicely preserved examples of this scarcer Friedberg number.
Fr. 1618 $1 1935H Silver Certificates. 48 Consecutive Examples. Very Choice Crisp Uncirculated.
Wonderful margins are noticed on this almost half pack from a tougher series.
Fr. 1619 $1 1957 Silver Certificate. Two Digit Serial Number. CGA Gem Uncirculated 66.
Two digit serial number A00000047A is carried by this hugely margined note.
Fr. 1619 $1 1957 Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
Per the strap these well margined notes were paid out on 8/4/60.
Fr. 1619 $1 1957 Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
The strap of this pack dated Jun 16, 64 is from the Federal Reserve Bank Jacksonville, FL Branch.
Fr. 1619 $1 1957 Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
This group of well margined notes is from the Z-A block.
Fr. 1619 $1 1957 Silver Certificates. Pack of 100. Choice Crisp Uncirculated.
Five star notes are included in this pack which consists of two 1957 and three 1957B examples. A margin bump is noticed on each note at left.
Fr. 1619 $1 1957 Silver Certificates. Original Pack of 100. Choice Crisp Uncirculated.
Twelve stars are noticed in this gorgeous pack.
Fr. 1619 $1 1957 Silver Certificates. Original Pack of 100. Choice Crisp Uncirculated.
The first couple of notes have some bumps and bruises on this otherwise well margined, crisp pack from the V-A block.
Fr. 1620 $1 1957A Silver Certificates. Pack of 100. Choice Crisp Uncirculated.
97 notes appear original though 3 consecutive notes from the L-A block have been inserted within the pack.
Fr. 1620 $1 1957A Silver Certificates. Original Pack of 100. Choice Crisp Uncirculated.
Some foxing is noticed in the margins of this group from the P-A block.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
A few superb notes are sprinkled in this well margined pack that was paid out on Dec. 4, 1963.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
This is a solidly margined pack from the V-A block.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
This pleasing pack has survived very well with virtually no handling present.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
Three stars are within this pack from the more elusive X-A block.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
Large margins are noticed on this pack with no evidence of handling.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Gem Crisp Uncirculated.
A lovely pack of 100 1957B Silvers, most all perfectly centered and each likely to be graded as 67, 68, 69, 70 or even 71 depending on the service this pack goes to and the whims of its graders. A radar note is noticed in the run.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Very Choice Crisp Uncirculated.
A star note inserted midway through the pack was a bit taller than the rest of the bills. A few notes exhibit a bump along the top margin.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Very Choice Crisp Uncirculated.
This wonderful pack is from the V-A block.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Very Choice Crisp Uncirculated.
The last note in the pack has suffered a bit of wear.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Choice Crisp Uncirculated.
These crisp beauties were paid out on Dec. 4, 1963.
Fr. 1621 $1 1957B Silver Certificates. Original Pack of 100. Choice Crisp Uncirculated.
The left edge is a bit tight on this strongly embossed pack of notes put away in September 1963.
Fr. 1621* $1 1957B Silver Certificates. Pack of 99 Consecutive Notes Very Choice Crisp Uncirculated.
Unfortunately, the first note in this wonderful original pack was spent. The first and last note have a few minor blemishes, but otherwise there are a few gems sprinkled within.
Fr. 1650* $5 1934 Silver Certificate. CGA Choice Uncirculated 64.
This bright replacement note is one of the keys to the series.
Fr. 1651* $5 1934A Silver Certificate Star Note. PMG Gem Uncirculated 66 EPQ.
Embossing is easily seen through the PCGS holder of this early Silver star note that is blessed with radiant ink colors.
Fr. 1651* $5 1934A Silver Certificate. PMG Gem Uncirculated 66 EPQ.
This boldly printed star note is well margined and quite attractive.
Fr. 1652 $5 1934B Mule Silver Certificate. CGA Choice Uncirculated 64.
The all important Back Plate Number 637 is present on this Mule Silver although this fact is not mentioned on the CGA holder. Three large margins are noticed on this vibrantly colored example.
Fr. 1653/Fr. 1654w $5 1934C/1934D Silver Certificates. PMG Gem Uncirculated 65 EPQ.
An attractive and perfectly matched changeover pair.
Fr. 1653 $5 1934C Silver Certificates. Forty Consecutive Examples. Choice Crisp Uncirculated.
These notes have natural paper wave and embossing. Some notes are better than the assigned grade while the final four notes show corner handling.
Fr. 1653* $5 1934C Silver Certificate. PMG Gem Uncirculated 66 EPQ.
This scarce star is at the upper end for condition and displays excellent margins.
Fr. 1654 $5 1934D Wide I Silver Certificates. Uncut Sheet of 12. About Uncirculated.
The notes of this well margined sheet are nicely embossed. Many pre-printing paper crinkles are present and there is some light handling. This is a great sheet for type.
Fr. 1654* $5 1934D Narrow Silver Certificate Star Note. PMG Gem Uncirculated 65 EPQ.
A lovely, fully original Gem example of the scarcer Narrow back variety that is boldly embossed.
Fr. 1654* $5 1934D Wide I Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Broad margins are noticed on this blue seal replacement which is wholly original.
Fr. 1654* $5 1934D Wide II Silver Certificate. PMG Choice Uncirculated 64 EPQ.
A boldly printed Wide II star, which most would unhesitatingly label Gem. It is perfect in every way but for its slightly low face centering.
Fr. 1654* $5 1934D Wide I Silver Certificate. PMG Choice Uncirculated 64 EPQ.
A lovely example of this near gem star note which lists in Schwartz for $400 in Choice CU.
Fr. 1655 $5 1953 Silver Certificate. Low Serial Number 12. PMG Gem Uncirculated 66 EPQ.
This is a very desirable example of this later date silver certificate that is a well margined and wonderfully embossed gem in its own right. Couple that with the low serial number A00000012A and you have the makings of a highly coveted prize.
Fr. 1700 $10 1933 Silver Certificate. PCGS Very Fine 35.
The margins are quite well proportioned and the color bright on this always popular
issue. The low four digit serial number also adds to the eye appeal of this very lightly circulated note.
Fr. 1702 $10 1934A Silver Certificate from Special B-A Print Run. PMG Gem Uncirculated 65 EPQ.
This early $10 Silver has nice margins, bright ink colors and fabulous paper surfaces. The special circumstances surrounding this note are that with serial number B01184136A, this is from the special scarce print run of 660,000 which lists in Schwartz for $350 in Choice CU.
Fr. 1704* $10 1934C Silver Certificate. PMG Choice Uncirculated 64.
The surfaces are bright and the overprint colorful on this difficult to locate blue seal replacement.
Fr. 1704* $10 1934C Silver Certificate. CGA Choice Uncirculated 63.
The bottom margin is a bit tight at lower right on this colorful star note.
Fr. 1705 $10 1934D Narrow Silver Certificate. PMG Choice Uncirculated 64 EPQ.
The 1934D Narrow is by far the scarcer of the two varieties in this series, occurring only on notes with back check numbers 1390 through 1456.
Fr. 1705* $10 1934D Wide Silver Certificate. PMG About Uncirculated 55.
In grades above XF this note is quite elusive. Just five short months ago the Thomas Flynn AU 58 example hammered for $2415. Though a touch toned, the paper quality is unmistakable.
Fr. 1706* $10 1953 Silver Certificate. PMG Gem Uncirculated 65 EPQ.
An exceptional example of this later star note that is not often found in this state of preservation. Embossing and blazing blue inks range across crackling fresh paper surfaces. The Schwartz value of $1,200 in Gem CU could prove to be conservative once the hammer falls on this delightful example.
Fr. 1706* $10 1953 Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Plenty of embossing is seen on this ever popular and difficult to find replacement. The margins are quite pleasing and the note certainly could have been near superb with a hair more bottom margin.
Fr. 1707 $10 1953A Silver Certificate. PCGS Gem New 66PPQ.
Perfectly even margins frame this most pleasing issue.
Fr. 1707 $10 1953A Silver Certificate. CGA Gem Uncirculated 65.
A well centered and stunningly fresh example of this scarce issue.
Fr. 1707* $10 1953A Silver Certificate. PCGS Very Choice New 64PPQ.
A thinner margin along the bottom precludes a higher grade on this otherwise colorful, original blue seal replacement note. The new Schwartz & Lindquist guide shows a value of $1600 in Choice CU
Fr. 1708 $10 1953B Silver Certificates. Two Examples. PMG Gem Uncirculated 65 EPQ and PCGS Gem New 65PPQ.
A lovely pair of evenly matched notes from an increasingly difficult to acquire series.
Fr. 1850-L $5 1929 Federal Reserve Bank Note. PCGS Fine 12.
As the key for the $5 FRBNs, San Francisco notes in all grades have been steady performers over the years. This is an ideal circulated piece with even wear.
Fr. 1860-D* $10 1929 Federal Reserve Bank Note. Very Fine-Extremely Fine.
A nicer example of this elusive replacement.
Fr. 1860-H* $10 1929 Federal Reserve Bank Note. Very Fine.
A more than acceptable example of this Federal Reserve Bank Note star.
Fr. 1860-K $10 1929 Federal Reserve Bank Note. PMG Very Fine 25.
The Dallas $10 FRBN is one of the keys to this ephemeral small size series. Only 504,000 examples were originally printed, and survivors are very scarce in any grade. This high end VF is likely to fill a hole in a collector's set, and should prove to be very popular among bidders
Fr. 1870-E* $20 1929 Federal Reserve Bank Note. PMG Very Fine 25.
This scarce Richmond Star is only moderately circulated and retains some original embossing. Only about thirty examples are reported in the census for this scarce replacement note.
Fr. 1880-D $50 1929 Federal Reserve Bank Note. CGA Gem Uncirculated 66.
A broadly margined and crackling fresh gem that has good embossing and low four digit number D00005806A.
Fr. 1880-D* $50 1929 Federal Reserve Bank Note. PMG Extremely Fine 40 EPQ.
A lovely example of this Cleveland star that is certainly scarce by anyone's standard. The margins are acceptable and the ink colors bold on this star issue. With the Oakes value of $750 in VF we expect a price that stretches the four digit price limit
Fr. 1880-I $50 1929 Federal Reserve Bank Note. PMG Gem Uncirculated 66 EPQ.
The exquisite embossing is easily seen through the PMG holder. Neither PMG nor PCGS has graded another note of this Friedberg number equal to or higher as of this writing.
Fr. 1880-I $50 1929 Federal Reserve Bank Note. PMG Choice Uncirculated 64 EPQ.
From a print run of just 276,000 notes, this bright note maintains deep eye appealing color.
Fr. 1880-J* $50 1929 Federal Reserve Bank Note. PCGS Choice New 63PPQ.
Crackling fresh, fully embossed, and totally original, but the centering, particularly on the back, does not allow a higher grade. Current book value is $3000.
Fr. 1880-J* $50 1929 Federal Reserve Bank Note. PMG Very Fine 20.
Though not the lowest recorded serial number known, we must stress that this is serial number J00000064*. We have seen increased interest in Small Size FRBN stars and this note will certainly attract some interest. The paper is solid and the margins remain firm.
Fr. 1880-K $50 1929 Federal Reserve Bank Note. PMG Choice Very Fine 35 EPQ.
As of this writing PMG has only graded nine of this Friedberg number, showing once again that Dallas is the scarcest of the regular $50 FRBNs.
Fr. 1890-D $100 1929 Federal Reserve Bank Note. PMG Choice Uncirculated 64 EPQ.
This is a lovely example from the somewhat scarcer Cleveland district. Superb embossing and ample margins are found on this note, which should sail past the greensheet value of $400.
Fr. 1890-E $100 1929 Federal Reserve Bank Note. PMG Gem Uncirculated 65 EPQ.
Embossing is seen through the third-party holder on this acceptably margined example. Although printed in 1933, most of the higher denomination FRBNs were not released into circulation until World War II.
Fr. 1890-E $100 1929 Federal Reserve Bank Note. PMG Choice Uncirculated 63 EPQ.
Plenty of embossing remains on this note that needed a touch wider bottom margin for a higher grade. It lists for $800 in the Lindquist tome.
Fr. 1890-E $100 1929 Federal Reserve Bank Note. Choice Crisp Uncirculated.
This beautifully embossed note has all the right texture for a wholly original note. The colors are tremendous. It's been over two years since we offered a Gem example of this issue, so don't pass up this opportunity.
Fr. 1890-E* $100 1929 Federal Reserve Bank Note. PMG Very Fine 25 Net.
A consummately rare replacement on a district that saw only 36,000 notes issued. Just five examples are documented in Jhon E. Cash's 1929 FRBN Star Census. The note faces up nicely but PMG mentions a split repair and rust. Still a tough note to come by with the last example auctioned by us in a similar grade realizing $3680 over two years ago. Expect more of the same.
Fr. 1890-I $100 1929 Federal Reserve Bank Note. PCGS Very Choice New 64PPQ.
Three large margins are noted on this solidly printed example from a tougher bank and denomination in the FRBN series.
Fr. 1890-I $100 1929 Federal Reserve Bank Note. Very Choice Crisp Uncirculated.
Plenty of color and tons of embossing complement this unmolested note.
Fr. 1890-J* $100 1929 Federal Reserve Bank Note. PCGS Choice New 63.
Despite being the "most common" $100 FRBN Star Note, we have only handled five Kansas City examples. This piece is well margined with bold, original embossing.
Fr. 1890-K $100 1929 Federal Reserve Bank Note. PCGS Choice New 63.
A slim bottom margin is all that has apparently held this attractive C-note back from an even higher grade. While there are a limited number of Dallas $100s around with pretensions to the CU level, most of them are merely "wannabe's," but that is not the case with this Choice example.
Fr. 1890-K $100 1929 Federal Reserve Bank Note. Crisp Uncirculated.
A couple of tip bends are noted well outside of the design. The rich paper texture is the perfect canvas for the boldly embossed overprint.
Fr. 1900-C $1 1963 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This specimen is issued on the Philadelphia district.
Fr. 1900-D $1 1963 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Specimen ladder serial number D23456789A is noticed on this lovely Cleveland ace. This example carries two vertical stamps on the face and one horizontal on the back.
Fr. 1900-G $1 1963 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Yet another gorgeous specimen note, this one from Chicago.
Fr. 1901-B $1 1963A Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This New York specimen note has "Specimen" printed horizontally on the back in tiny letters on either side of 'In God we Trust".
Fr. 1901-L $1 1963A Federal Reserve Note. CGA Gem Uncirculated 66.
This well margined issue boasts low serial number 8.
Fr. 1902-L $1 1963B Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
An elusive San Francisco Barr specimen note.
Fr. 1903-C* $1 1969 Federal Reserve Note. PCGS Superb Gem New 68PPQ.
A superb quality certified note from the special run of high numbered stars printed on sheets originally missing the third overprint and later used for these series 1969 Philadelphia stars. These special notes are identifiable by their serial number range, C05120001*-C05753000*. They are very scarce today in any grade, as their existence was not realized until a year or more after their release into circulation. One of the highest graded examples we have seen.
Fr. 1903-H $1 1969 Specimen Federal Reserve Note. PMG About Uncirculated 55.
This note is affected by pinholes or more so staple holes which affect many Specimen notes due to their being distributed in booklets. This is a reduced font on back variety as the size of the overprint is quite small.
Fr. 1904-H $1 1969A Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
It is interesting how the "Specimen" print font size and placement changed with these special printings from series to series.
Fr. 1905-L $1 1969B Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
The familiar pinholes affect this bright San Francisco Specimen note.
Fr. 1906-L $1 1969C Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The quality of this specimen is exceptional.
Fr. 1907-A $1 1969D Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This Boston specimen issue carries the often used ladder serial number A23456789A.
Fr. 1908-I $1 1974 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This Minneapolis note displays the usual specimen serial number encountered. "SPECIMEN" is printed twice vertically on the face and once horizontally on the back.
Fr. 1909-B $1 1977 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This New York note is affected by pinholes which have prevented it from being awarded the EPQ designation.
Fr. 1909-F $1 1977 Federal Reserve Note. Solid Serial Number Sevens. PCGS Very Fine 20.
Eight sevens across await the lucky bidder.
Fr. 1917-F* $1 1988A Federal Reserve Web Note. CGA Gem Uncirculated 67.
This pleasing web replacement has behemoth margins and is well inked. This was the only web star note printed.
Fr. 1917-F* $1 1988A Federal Reserve Web Note. PMG Gem Uncirculated 66 EPQ.
From our 2007 Long Beach auction where the description read, "A lovely example of the only web star produced. PMG has graded only three of these stars with the 66 EPQ grade, and none higher. Our estimate here may well be overly conservative."
Fr. 1925-K $1 1999 Federal Reserve Note. Solid Serial Number One. PCGS Fine 15.
It is amazing that this fancy solid serial number note circulated as long as it did.
Fr. 1931-B $1 2003A Federal Reserve Note. Solid Serial Number Three PMG Superb Gem Unc 67 EPQ; Nine Near Solid Serial Number Fr. 1931-B $1 2003A Federal Reserve Notes. Gem Crisp Uncirculated or Better.
Needless to say, the highlight of this lot is the superb $1 FRN that carries solid serial number B33333333C which has been certified by PMG. The lot also includes nine near solid serials from the same group with numbers B33333330C, B33333331C, B33333332C, B33333334C, B33333335C, B33333336C, B33333337C, B33333338C, and B33333339C.
Fr. 1931-L $1 Solid Serial Number Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Solid serial number L44444444P is seen on this modern $1 FRN that is very close to a superb grade.
Fr. 1933-J $1 2006 Federal Reserve "Down Ladder" Note. Gem Crisp Uncirculated.
This modern $1 FRN from the Kansas City district has the perfect "down ladder" serial number of 87654321.
Fr. 1933-L $1 2006 Federal Reserve Notes. Original Pack of 100 with Solid Serial Number Four. Gem Crisp Uncirculated.
This San Fran pack has notes with serial numbers that begin with "444444" and includes the 44444444 note. The last solid four note we sold was a $1 2003 San Fran note in January 2008 which brought $1897.
Fr. 1935-A $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This Boston district Bicentennial Deuce Specimen kicks off an opportunity to complete a district set of 1976 $2 Specimens. Most of these were likely included in 1974 specimen sets. The last note of this type we sold came from our Taylor Family auction, where it realized $4600. Expect a similar result for this one. Pinholes have again prevented the EPQ designation.
Fr. 1935-A-L* $2 1976 Federal Reserve Notes. 24 Examples District Regular and Star Set. Choice Crisp Uncirculated.
This group contains the key Minneapolis and Kansas City star notes.
Fr. 1935-A-L* $2 1976 Federal Reserve Notes. Complete Block Set and More.
This is a unique Deuce grouping consisting of A-A 4/13/76 cancel; A*; B-A Neff autographed; B-A 4/13/76 cancel; B-B; B-C; B*; C-A; C*; D-A 4/13/76 cancel; D*; E-A Neff autographed; E-B; E* AU; F-A 4/12/76 (yes, this date) & 7/4/76 cancels; F*; G-A 4/13/76 cancel; G*; H-A Neff autograph; H*; I-A AU; I-B; I-C; I* Ch AU; J-A Neff autograph Choice AU; J-A; J-A 4/13/76 cancel; J* toned; K-A Neff Autograph, 7/4/76 cancel; K* Neff Autograph; L-A (2); L*; and a 2003A F*. The notes grade Choice CU unless stated above. Inspection is advised as there will be no returns on this lot for any reason.
Fr. 1935-B $2 1976 Specimen Federal Reserve Note. PMG Choice About Unc 58.
"SPECIMEN" is printed small block letters twice vertically front and back.
Fr. 1935-C $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
A pleasing specimen note issued on the Philadelphia district.
Fr. 1935-D $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
Great color and sizeable margins highlight this Cleveland specimen Deuce.
Fr. 1935-E $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
The margins are fairly large on this Richmond specimen that suffers from pinholes which prevent the EPQ designation.
Fr. 1935-F $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
A lovely example of this elusive specimen issue from the Atlanta district.
Fr. 1935-G $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
The colors are bright on this Chicago note that suffers from EPQ limiting pinholes which affects all of the $2 notes in this amazing offering.
Fr. 1935-H $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This St. Louis example has great eye appeal thanks to ladder serial number H23456789G.
Fr. 1935-I $2 1976 Specimen Federal Reserve Note. PMG Choice About Uncirculated 58.
This Minneapolis specimen note maintains great embossing and crisp paper despite the pinholes.
Fr. 1935-I* $2 1976 Federal Reserve Note. PCGS Superb Gem New 68PPQ.
One would be hard pressed to find a nicer graded example of the key to the replacement notes for this series. PCGS has graded two at this level and PMG has awarded this grade to none.
Fr. 1935-I* $2 1976 Federal Reserve Note. PCGS Superb Gem New 67PPQ.
Another pleasing replacement note from the elusive Minneapolis district that is bright and well margined.
Fr. 1935-J $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
Kansas City is well represented by this note in the district Specimen set presented here today.
Fr. 1935-J* $2 1976 Federal Reserve Notes. Uncut Sheet of Four. PMG Gem Uncirculated 66 EPQ.
This is an item that remains on many want lists as collectors search in vain for this truly rare item. This beautiful example is beautifully centered within four wide margins. In fact, PMG has only graded one of these higher.
Fr. 1935-K $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
Wonderful margins are noticed on this Dallas specimen which is also plagued by the pinholes that appear at upper left in the design.
Fr. 1935-L $2 1976 Specimen Federal Reserve Note. PMG Choice Uncirculated 63.
The last note in this historical group to be offered comes from the San Francisco district.
Fr. 1936-A-L* $2 1995 Federal Reserve Notes. Complete Block Set. Choice Crisp Uncirculated or Better.
This lot has a complete set of Millennium Star Notes, the Atlanta notes intended for circulation, and the Atlanta notes issued originally in sheet form. The Atlanta F-A note has been autographed by both Withrow and Rubin. This lot also has the following 2003 Deuces - I* printed in Fort Worth (2) and a K-A note cut from a sheet.
Fr. 1936-F $2 1995 Federal Reserve Notes. Uncut Sheet Blocks. Gem Crisp Uncirculated.
These single notes are from blocks that were only issued in uncut sheet form. They are F-D (19); F-E (22); F-F (19); F-G (19); and F-H (28). They carry a value of $35 each in the Schwartz-Lindquist reference.
Fr. 1936-F* $2 1995 Federal Reserve Notes. Original Pack of 100. Gem Crisp Uncirculated.
There are not many star packs around despite this district being the only one released for general circulation in this series. This one is a beauty with little handling and excellent margins.
Fr. 1937-B* $2 2003 Low Serial Number Federal Reserve Star Note. PMG Choice Uncirculated 64 EPQ.
Two digit serial number B00000038* is found on this modern BEP product that is just a tight left margin away from a Gem grade.
Fr. 1950-L $5 1928 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is a nicely margined and crackling fresh note from the San Francisco district which is not easily acquired in this grade.
Fr. 1951-I $5 1928A Federal Reserve Note. PCGS Very Choice New 64PPQ.
This is by far the finest example of this rare note that we have been privileged to offer to the collecting fraternity. Any of the numbered district notes are always desirable and this is a particularly scarce issue. With a printing of well under one million, the Minneapolis note is one of the cornerstones of any serious early FRN collection for this denomination. This note displays three bountiful margins with an average bottom. Rich ink colors are seen on the overprint and the print quality is superb. The Schwartz value of $2,000 in Choice CU should prove to be rather conservative for this near Gem example.
Fr. 1951-I $5 1928A Federal Reserve Note. PMG Choice Very Fine 35 EPQ.
Within the holder this note has the eye appeal of a higher grade note. Only 652,800 examples were originally printed from the Minneapolis district making this one of the keys.
Fr. 1951-K $5 1928A Federal Reserve Note. PMG Very Fine 30 EPQ.
This example from the scarce Dallas district is a touch nicer than the Flynn example which realized $863 just a few months ago.
Fr. 1953-F $5 1928C Federal Reserve Note. PCGS Fine 15.
A moderately circulated but totally problem free example of this very scarce series that appears to be a full grade better from the back.
Fr. 1953-F $5 1928C Federal Reserve Note. Fine+.
This evenly circulated note is well margined though a touch soiled.
Fr. 1954-F $5 1928D Federal Reserve Note. Very Fine.
An attractive and evenly circulated example of the key piece to the $5 Federal Reserve Note series, as 1928D examples were printed only for the Atlanta district and in very small quantities during our nation's darkest financial days.
Fr. 1954-F $5 1928D Federal Reserve Note. PMG Choice Fine 15.
Only Atlanta issued $5s for this series that was released during the depths of the Great Depression. In fact, the Treasury officers of Woods and Woodin were only in office together for less than three months, resulting in the toughest series for this denomination and type. This note is solid for the grade and would fit perfectly into any circulated set of $5 Federal Reserve Notes.
Fr. 1955-D $5 1934 Light Green Seal. Federal Reserve Note. Low Serial Number 8. PMG Gem Uncirculated 66 EPQ.
Single digit serial number 8 graces this near-Superb $5 FRN from the Cleveland district. Wide margins, solid embossing, and vibrant colors are attributes of this example that is, of course, enhanced by the low serial number. These numbers are not often found on the early FRN series.
Fr. 1956-D* $5 1934 Mule Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
Solid margins and perfectly original paper are in evidence on this note. A premium of $400 in Choice Uncirculated is published in the most recent Schwartz-Lindquist reference. With no other previous offerings of this issue in our past auctions, it might prove to be very conservative. PMG has incorrectly holdered this note and will be happy to correct it.
Fr. 1959-D $5 1934C Mule Federal Reserve Note. PCGS New 62.
Fabled back plate 637 is found on this embossed Cleveland mule. Only its centering holds this colorful FRN back from a higher grade. Expect the Schwartz-Lindquist catalog price of $800 in Choice CU to be a good starting point for this rare note.
Fr. 1959-G $5 1934C Mule Federal Reserve Note. Gem Crisp Uncirculated.
A lovely and well embossed mule bearing back plate 637.
Fr. 1960-F $5 1934D Federal Reserve Note. Crisp Uncirculated.
A couple of closed pinholes are noticed on this nicely margined example from the F-B block.
Fr. 1961-F $5 1950 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This variety carries the large font "SPECIMEN" printed once on the face and on the back at right. Ladder serial number F23456789A has allowed the note to be released into the public's hands.
Fr. 1962-G $5 1950A Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A thinner bottom margin limits the grade on this Chicago specimen note.
Fr. 1964-G $5 1950C Specimen Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
Not much can be improved upon as this Chicago specimen note has the color, look, and eye appeal desired by discriminating collectors.
Fr. 1965-G $5 1950D Federal Reserve Notes. 40 Consecutive Examples. Choice Crisp Uncirculated.
This is a pleasing original run of Chicago district notes.
Fr. 1965-L $5 1950D Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This series features a font change as well as location change of the "SPECIMEN" designation. Behemoth margins grace this San Francisco note.
Fr. 1966-B $5 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The first of all three districts to issue for the series. This New York note is well margined and bright.
Fr. 1966-G $5 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The bottom margin limits the grade on this colorful specimen note.
Fr. 1966-L $5 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This San Francisco example is well margined and would complement the Chicago and New York examples above quite well.
Fr. 1967-D $5 1963 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
Pinholes have prevented the EPQ designation on this Cleveland specimen note.
Fr. 1968-A $5 1963A Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This lovely Boston Specimen note carries ladder serial number A23456789A.
Fr. 1969-K $5 1969 Specimen Federal Reserve Note. PMG Choice About Unc 58 EPQ.
This Specimen note from Dallas exhibits a soft center bend.
Fr. 1970-B $5 1969A Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
Do not miss an opportunity to acquire one of these lovely Specimen notes because when they are gone, they are gone.
Fr. 1971-B $5 1969B Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This New York Specimen note retains strong embossing and excellent color.
Fr. 1972-I $5 1969C Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The face centering is a touch off on this snappy Minneapolis Specimen.
Fr. 1973-C $5 1974 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
The problem pinholes affect this Philadelphia Specimen issue.
Fr. 1974-B $5 1977 Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This New York Specimen carries number 0047 in red at lower right on the back.
Fr. 1982-B* $5 1993 Federal Reserve Notes. Forty Consecutive Examples. Choice Crisp Uncirculated or Better.
The district seal on these notes exhibit the cavernous embossing that is highly desirable.
Fr. 1984-B $5 1995 Federal Reserve Note. Seven Digit Reverse Ladder. Superb Gem Crisp Uncirculated.
This note is one digit off from a complete reverse ladder, but seven in a row isn't too shabby.
Fr. 1987-A* $5 1999 Federal Reserve Notes. 71 Consecutive Examples. Gem Crisp Uncirculated.
These Boston replacement notes are not easy to locate.
Fr. 1987-B* $5 1999 Federal Reserve Notes. 58 Examples. Very Choice Crisp Uncirculated.
This group of replacement notes came from the Fort Worth BEP production facility.
Fr. 1987-E* $5 1999 Federal Reserve Notes. 71 Examples. Gem Crisp Uncirculated.
Here is a pleasing partial pack of replacement notes from the Richmond district.
Fr. 1987-F* $5 1999 Federal Reserve Notes. 96 Consecutive Examples. Very Choice Crisp Uncirculated.
The first four notes from this replacement pack are missing.
Fr. 1987-F* $5 1999 Federal Reserve Notes. Original Pack of 100. Very Choice Crisp Uncirculated.
The first note in this pack exhibits some corner bumps.
Fr. 1987-J* $5 1999 Federal Reserve Notes. 83 Examples. Gem Crisp Uncirculated.
Here is another wonderful partial pack of modern replacement notes.
Fr. 1989-L*2001 $5 Federal Reserve Notes. 82 Examples. Gem Crisp Uncirculated.
Here is another pleasing partial pack of modern replacement notes.
Fr. 1989-L* $5 2001 Federal Reserve Notes. Original Pack of 100. Very Choice Crisp Uncirculated.
Here is a lovely pack to put back for a rainy day.
Fr. 1993-A* $5 2006 Federal Reserve Notes. Original Pack of 100. Gem Crisp Uncirculated.
These are the new colorized Stars for this series. Pre-colorized Series 2006 $5s have an "H" serial number prefix letter, while the new colorized Series 2006 $5s have an "I" prefix.
Fr. 1993-A* $5 2006 Federal Reserve Notes. Original Pack of 100. Gem Crisp Uncirculated.
Broad margins and bold embossing are traits of these well preserved colorized Stars.
Fr. 1993-A* $5 2006 Federal Reserve Notes. Pack of 100. Gem Crisp Uncirculated.
This carefully preserved colorized Star pack is made up of three runs of consecutive notes from three consecutive packs.
Fr. 2000-E $10 1928 Federal Reserve Note. PMG About Uncirculated 55.
This Richmond district note is difficult to acquire in the uncirculated grades so one may have to settle on this appealing note that just misses.
Fr. 2000-K $10 1928 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Perfectly even margins and ideal front to back centering are noted on this attractive Dallas issue.
Fr. 2001-F* $10 1928A Federal Reserve Note. PMG Good 4 Net.
This example becomes the highest serial number known for this rare replacement issue and brings the known population to two. It will serve to fill a hole until a better one comes along, which may take quite some time.
Fr. 2001-J $10 1928A Federal Reserve Note. PMG Very Fine 25.
This is only the second note to appear in any of our auction venues for this scarce district.
Fr. 2002-G* $10 1928B Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The print quality is sharp and the originality undeniable on this strongly embossed note.
Fr. 2002-G* $10 1928B Federal Reserve Note. PCGS Choice New 63.
Solid margins are noticed on this big star replacement.
Fr. 2003-D $10 1928C Federal Reserve Note. PMG Extremely Fine 40.
A scarce district in all grades, with this a brightly colored example offering plenty of eye appeal.
Fr. 2003-D $10 1928C Federal Reserve Note. PMG Choice Very Fine 35.
A tough note in any grade and this example remains bright with sharp printing.
Fr. 2003-G $10 1928C Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Exceptionally bright and well centered, and tied (with several others) for the finest known 1928C $10 PMG has graded from all districts combined. While not difficult to find, especially in circulated grades, uncirculated notes from this short lived series are tough, and examples that hold the 66 EPQ grade will always be just plain rare.
Fr. 2003-G $10 1928C Federal Reserve Note. Choice Crisp Uncirculated.
Though the most common district for the Series, the Series itself is widely collected for its rarity. This note is pack fresh with vivid details and a bright, light green overprint. Only its tight top margin holds back the grade.
Fr. 2010-J $10 1950 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
One could put together a set of Series 1950 Specimen notes for this and many other series in this session. "SPECIMEN" has been printed once vertically on the face and back.
Fr. 2011-J $10 1950A Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The centering is great and the margins large on this well embossed Kansas City Specimen note.
Fr. 2012-B $10 1950B Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A New York district Specimen note which carries the familiar ladder serial number used on this issue B2345678A.
Fr. 2013-I $10 1950C Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
A lovely Minneapolis district Specimen note which has wonderful eye appeal.
Fr. 2014-C $10 1950D Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This series brought about the change in font size and location for the Specimen overprints.
Fr. 2014-G $10 1950D Federal Reserve Notes. Twenty Consecutive Examples. Choice Crisp Uncirculated.
The Schwartz tome lists a value in Choice CU at $50 each for these well embossed, colorful notes.
Fr. 2015-B $10 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
As with the $5 Specimen notes listed previously, all three districts for the series are represented in the $10 denomination as well.
Fr. 2015-G $10 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This Chicago district Specimen is well centered.
Fr. 2015-L $10 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
Here is a lovely San Francisco district example from this elusive series.
Fr. 2016-J $10 1963 Federal Reserve Note. PCGS Gem New 65PPQ.
Fr. 2016-J* $10 1963 Federal Reserve Note. PCGS Gem New 65PPQ.

This pair of lovely matched serial number J00000019A and J00000019* notes are Ex: J. Whitney Walter.
Fr. 2016-L $10 1963 Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The face plate and back plate numbers are all ones on this San Francisco district Specimen.
Fr. 2017-A $10 1963A Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
A lovely Specimen note from the Boston district which carries the double printed "SPECIMEN" overprint face and back.
Fr. 2018-A $10 1969 Specimen Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
This is one of the highest graded Specimen notes to appear in our Signature auctions. The note is well margined and boldly inked.
Fr. 2019-C $10 1969A Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
Bright white paper generates great eye appeal thanks to the deep red "SPECIMEN" overprints.
Fr. 2020-A $10 1969B Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
Pinholes are the reason this Boston Specimen note was not awarded the EPQ designation.
Fr. 2020-B $10 1969B Federal Reserve Note. PMG Gem Uncirculated 65 EPQ;
Fr. 2020-K $10 1969B Federal Reserve Note. PMG Gem Uncirculated 65 EPQ;
Fr. 2020-L $10 1969B Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.

Three of the districts from this difficult series are represented in this lot. All three of these Gems exhibit nice margins and embossing.
Fr. 2020-C; G; K; L $10 1969B Federal Reserve Note. PMG Choice Uncirculated 64 EPQ or Better.
Four districts from this tougher series are included with this lot with all encapsulated by PMG. The Philadelphia and Dallas examples have been graded 64 EPQ, the Chicago note 65 EPQ, and the San Francisco piece 66 EPQ. This is definitely a top quality quartette of better FRNs.
Fr. 2020-J $10 1969B Federal Reserve Note. PMG Gem Uncirculated 69 EPQ.
Behemoth margins and perfect centering are only two of the accolades to bestow upon this wonderful note. A certain candidate for a registry set as this is the only note certified at this level for this series by PMG.
Fr. 2021-B* $10 1969C Federal Reserve Notes. Original Pack of 100. Choice-Gem Crisp Uncirculated.
Early, original star packs such as this no longer appear with much regularity. The first few notes exhibit a slight corner bump or two. Book value is currently listed at $75 each.
Fr. 2021-D $10 1969C Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
Pinholes have also affected this Cleveland Specimen issue.
Fr. 2021-I $10 1969C Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This Minneapolis district Specimen note exhibits the holes that bound the respective series of Specimen notes together. It's fully new, but because of this the EPQ designation has been withheld.
Fr. 2022-I $10 1974 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This Minneapolis Specimen displays crisp paper with great embossing with the only detriment being pinholes.
Fr. 2023-B $10 1977 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This New York Specimen note displays the number 0029 in red in the lower right corner on the back.
Premium Federal Reserve $10 Sets Fr. 2031-A-L/Fr. 2033-A-L $10 1995/1999. Choice Crisp Uncirculated.
These limited BEP sets are bound in slipcase books of 24 pages each that illustrates the twelve Federal Reserve Banks. These two sets show the changeover from the previous design to the new Big Head design. A limited production run for each set was made with the 24 notes in these two sets all having serial number 99998970Y.
$10 1999 Stars from the ECF and WCF.
Fr. 2033-C* (3); D* (15); $10 1999 Federal Reserve Notes. Choice CU or Better.
Fr. 2034-A* (6); F*; K* (23) $10 1999 Federal Reserve Notes. Choice CU or Better.
Fr. 2033-D* $10 1999 Federal Reserve Notes. 67 Examples. Very Choice Crisp Uncirculated.
These replacement notes are mainly consecutive with a few missing from the run.
Fr. 2033-I $10 1999 Federal Reserve Notes. 62 Examples. Gem Crisp Uncirculated.
Many of the notes are consecutive in this group from a district for this issue that saw only 6,400,000 notes printed.
Fr. 2034-K* $10 1999 Federal Reserve Notes. 50 Consecutive Examples. Very Choice Crisp Uncirculated.
A pleasing half pack of Dallas replacement notes that are well margined.
Fr. 2037-I $10 2003 Federal Reserve Notes. Ninety Consecutive Examples. Gem Crisp Uncirculated.
This Friedberg number is from a short printing that catalogs for $40 each in Choice CU in Schwartz.
Fr. 2038-I $10 Federal Reserve Notes. 81 Examples. Gem Crisp Uncirculated.
A few notes are missing from this mostly consecutive pack from this harder to find district.
Fr. 2039-F $10 2004A Federal Reserve Note. Original Pack of 100. Solid Three Serial Number. Gem Crisp Uncirculated.
This gorgeous pack is chock full of fancy serial number notes including an ever popular solid three serial number note.
Courtesy Autographed Fr. 2039-F* $10 2004A Federal Reserve Notes. Uncut Sheet of Four. PMG Gem Uncirculated 66 EPQ.
Treasurer of the United States Anna Escobedo Cabral autographed this sheet of four
along the lateral axis. Only 96,000 notes were printed for this sheet only issue. The serial numbers for this four-subject sheet are 474*, 774*, 1674*, and 1974*.
Fr. 2050-B $20 1928 Federal Reserve Note. PCGS Superb Gem New 67PPQ.
Without question this is the nicest example for this issue we have offered. PMG has graded two at this level with this note being the only one worthy of the assigned grade from PCGS.
Fr. 2050-C* $20 1928 Federal Reserve Note. PMG Very Fine 25.
This district does not offer up replacements on a regular basis. It is a well margined note with deep eye catching inks.
Fr. 2050-D $20 1928 Federal Reserve Note. PCGS Superb Gem New 67PPQ.
This perfectly centered note is bright with bold and crisp printing details. It is the highest third-party graded note we have offered for this Friedberg number.
Fr. 2051-E $20 1928A Federal Reserve Notes. Six Consecutive Examples. Cut Half Sheet. PMG Choice Uncirculated 64 (4) PMG About Uncirculated 55 (2).
A couple of notes in this group exhibit a light fold while the remaining notes are just gorgeous. The current Schwartz and Lindquist book value for CH CU notes is $600.
Fr. 2051-J $20 1928A Federal Reserve Note. PCGS Superb Gem New 67PPQ.
This is perhaps one of the nicest third party examples from this issue, and it is from the same run as the Schwartz plate note.
Fr. 2052-G $20 1928B Light Green Seal Federal Reserve Notes. Six Consecutive Examples. Cut Half Sheet. PMG Choice Uncirculated 63.
All of the notes in this pleasing mini run are bright with great eye appeal.
Fr. 2052-J $20 1928B Federal Reserve Notes. Forty-nine Consecutive Examples. PCGS New 61 or Better.
This quality run of notes breaks down as follows - New 61; New 62 (2); Choice New 63 (11); Very Choice New 64 (24); Gem New 65 (10); and Gem New 66.
Fr. 2053-G $20 1928C Light Green Seal Federal Reserve Note. PCGS Gem New 65PPQ.
Fewer than 5 million Series 1928C FRN $20's were printed, a paltry sum even at that time. Most examples available in crisp uncirculated states of preservation have been tampered with in some way, unlike this note which is wholly original and boasts a bold green color against bold black printing. It is the only example certified at the Gem level by PCGS for this Friedberg number.
Fr. 2053-G $20 1928C Federal Reserve Note. PMG Very Fine 25.
Here is another opportunity to add this elusive issue in a better than average grade to your holdings.
Fr. 2053-G $20 1928C Federal Reserve Note. PMG Very Fine 25.
Only Chicago and San Francisco issued notes from this series during the Depression era. The piece is colorful and solidly margined.
Fr. 2053-L $20 1928C Federal Reserve Note. PMG Very Fine 25.
This is a bright representative from the tougher San Francisco district.
Fr. 2054-D* $20 1934 Light Green Seal Federal Reserve Note. Choice About Uncirculated.
The faintest of center folds is noted on this well embossed Gem issue. Bright white paper provides for the perfect contrast for the light green overprint.
Fr. 2055-B $20 1934A Federal Reserve Notes. Twenty-Seven Examples. Crisp Uncirculated or Better.
While a few of these early $20 FRNs exhibit some slight evidence of teller handling, the majority of these pack fresh examples have enough centering and embossing to approach the Choice CU grade or better.
Fr. 2055-G $20 1934A Mule Federal Reserve Notes. Six Consecutive Examples. Choice Crisp Uncirculated.
The first couple of notes exhibit a slight corner bump that affects nothing.
Fr. 2055-G* $20 1934A Mule Federal Reserve Star Note. CGA Gem Uncirculated 66.
A very rare mule star note that is seldom seen in any grade, this example is bright, crisp, well centered, and has all the qualities that a high grade piece should possess.
Fr. 2055-G* $20 1934A Mule Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This is the first of a pair of elusive mule replacement notes which were recently discovered.
Fr. 2055-G* $20 1934A Mule Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
Here is the second note of this lovely pair which recently turned up in our Dallas offices.
Fr. 2055-G* $20 1934A Mule Federal Reserve Note. PMG About Uncirculated 55.
A very scarce Chicago Mule star in unusually nice grade. The new small size catalogue only lists Mule stars for four districts in this series, New York, Cleveland, Chicago and San Francisco, with this as nice an example as we've had in quite some time. The catalogue value here is $300 in Very Fine and $1500 in Choice CU. Expect the realization to be quite a bit closer to the higher rather than the lower number.
Fr. 2056-E $20 1934B Federal Reserve Notes. Ninety-seven Consecutive Examples. Choice Crisp Uncirculated.
This grouping crackles with freshness and exhibits natural paper wave. Outside of this near complete pack, we have offered very few of this Friedberg number over the years. These are valued at $100 each in Ch CU in the latest Schwartz-Lindquist reference.
Fr. 2056-J* $20 1934B Federal Reserve Note. PMG About Uncirculated 50.
This is the third example of this scarce star that we've handled, leading us to believe the premiums listed in the small size reference book are a bit on the conservative side. Large margins and perfectly printed devices make this a very eye appealing piece. Since the holder hides any signs of a fold, the piece has an overall appearance of Gem.
Fr. 2057-B* $20 1934C Old Back Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The strong embossing is clearly evident beneath the encasement on this New York replacement in an uncommonly high grade.
Fr. 2059-L $20 1950 Specimen Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
This lovely Specimen note delivers tons of eye appeal and is one of the highest graded examples known.
Fr. 2060-H $20 1950A Federal Reserve Note. PCGS Superb Gem New 68PPQ.
This near perfect middle era $20 FRN is by far the highest graded by PCGS for this Friedberg number. While PMG has graded a handful of CU notes for the St. Louis district in this series, none are higher than a "66." This note presents a great opportunity for the Registry specialist.
Fr. 2060-I $20 1950A Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Pristine surfaces are displayed on this Minneapolis Specimen note.
Fr. 2061-B $20 1950B Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Wide margins and screaming originality are the hallmarks of this New York district Specimen note with ladder serial number B23456789A.
Fr. 2062-B $20 1950C Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
Another lovely New York Specimen note that exhibits "Exceptional Paper Quality".
Fr. 2063-L $20 1950D Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This series underwent a change in the overprint process with the placement of the overprint at left on the face in an interesting location compared to subsequent issues.
Fr. 2064-B $20 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Elusive as a regular issue with a low print run, so expect to see a premium for this item. US specimen notes are not as prevalent as their world counterparts. Due to the back design, placement of the "Specimen" stamp on the back is horizontally twice, with two on the face vertically.
Fr. 2064-G $20 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
An absolutely incredible example of this key series in Specimen form. The embossing is fully punched through on the serial numbers, the treasury seal and the "SPECIMEN" overprint.
Fr. 2064-L $20 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The paper on this Specimen note is fresh and bright with great color and superb embossing. Finding regular notes this nice can be a daunting task.
Fr. 2065-L $20 1963 Specimen Federal Reserve Note. PMG Choice About Unc 58.
A broad corner fold is noticed as well as the pinholes which seem to have affected Specimen notes greatly. It is interesting how several series display uniformity in placement of the overprints while another varies widely.
Fr. 2066-L $20 1963A Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This San Francisco Specimen note has all the qualities one would expect for gem.
Fr. 2067-A $20 1969 Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A lovely Specimen note from the Boston district.
Fr. 2068-G $20 1969A Specimen Federal Reserve Note. PMG Choice About Unc 58 EPQ.
PMG has commented that this note had staple holes when issued. A broad corner fold at lower left is noticed.
Fr. 2069-E $20 1969B Federal Reserve Note. PMG Superb Gem Uncirculated 68 EPQ.
Only ten districts issued $20s for this elusive series. We've handled this Friedberg number only a handful of times in the past, with the current offering being by far the highest graded note.
Fr. 2069-J $20 1969B Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
This Kansas City Specimen note displays vibrant color, crisp paper, and plenty of embossing. Pinholes have prevented the application of the EPQ designation..
Fr. 2070-F $20 1969C Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Without question this Atlanta Specimen note is fully deserving of the grade assigned.
Fr. 2071-A $20 1974 Specimen Federal Reserve Note. PMG Choice About Unc 58.
Staple holes are reported by PMG on this Boston Specimen note that carries ladder serial number A23456789A.
Fr. 2072-B $20 1977 Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
Staple holes are noticed on this New York Specimen note that carries number 0046 at lower right on the back.
Fr. 2072-L $20 1977 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
A most attractive example bearing single digit serial number L00000002A. Serial number 2 notes are actually considerably scarcer than are number 1 examples, but bring considerably less money, attesting to the greater popularity of the number 1 specimens.
Fr. 2072-L $20 1977 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
A great companion to the serial number 2 San Francisco example offered above, with this note bearing single digit serial L00000004A.
Fr. 2073-C $20 1981 Low Serial Number Three Federal Reserve Note. Crisp Uncirculated.
The serial number matches the district number on this Philly $20. Just a trace of handling is noted on this well centered example.
Fr. 2076-G $20 1988A Federal Reserve Note. Serial Number Three. PCGS Very Choice New 64PPQ.
Serial number three is displayed on this earlier $20 FRN.
Fr. 2084-E* $20 1996 Federal Reserve Notes. 77 Examples. Very Choice Crisp Uncirculated.
Many of the replacement notes in this partial pack are consecutive.
Fr. 2089-C* $20 2004 Federal Reserve Notes. Thirty-five Consecutive Examples. Gem Crisp Uncirculated.
This is a beautiful run of Stars with $700 face.
Fr. 2089-E* $20 2004 Federal Reserve Notes. Twenty Consecutive Examples. Gem Crisp Uncirculated.
These nicely centered Stars have four wide margins each.
Fr. 2094-F $20 Nine Near Solid Fancy Serial Numbers 2006 Federal Reserve Notes. Gem Crisp Uncirculated or Better.
The serial numbers exhibited on this perfectly original group of Big Head $20s include: 66666660, 66666661, 66666662, 66666663, 66666664, 66666665, 66666667, 66666668, and 66666669.
Fr. 2094-F $20 2006 Federal Reserve Note. Solid Serial Number Six. Gem Crisp Uncirculated.
This Atlanta beauty has solid serial number 66666666. Traits include wide margins, nice centering, and sharp corners.
Fr. 2100-C $50 1928 Federal Reserve Note. Choice Crisp Uncirculated.
Sufficient, even margins are noted on this bright piece.
Fr. 2100-D $50 1928 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This note is the finest graded example to date, as none have been awarded this lofty grade from PCGS. Early "Gold Obligation" FRN's always generate interest at auction, especially in this state of preservation.
Fr. 2100-D $50 1928 Federal Reserve Note. PMG Choice Uncirculated 64.
This note is bright and colorful, although the left margin is a touch thinner.
Fr. 2100-D* $50 1928 Federal Reserve Star Note. PMG Gem Uncirculated 65 EPQ.
The colors are vibrant and the paper bright on this wonderful early FRN star. While very occasionally seen in the circulated grades, a Gem is practically unheard of. The fact that this note is unpriced in Gem CU in the Schwartz-Lindquist tome reinforces that statement. A great opportunity for the FRN or star specialist.
Fr. 2100-J* $50 1928 Federal Reserve Star Note. Fine.
A very scarce star which we've handled only twice in the past several years. This is a nice evenly circulated example which has just a few inconsequential pin holes.
Fr. 2102-G* $50 1934 Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
Unmistakable originality and perfect paper color enhance this challenging early star and complement its technical merit. A note that does not appear with much regularity.
Fr. 2103-B/Fr. 2102-B $50 1934A Federal Reserve Notes. Reverse Changeover Pair. PMG Choice About Unc 58.
This pleasing pair becomes only the fourth reverse changeover pair listed, though it is the lowest serial number encountered for the New York district.
Fr. 2104-E* $50 1934B Federal Reserve Note. PMG Extremely Fine 40 EPQ.
Some traces of embossing remain on this lightly circulated Richmond star. These early high denomination replacement notes certainly do not turn up with any regularity especially in this condition. It is also a new low number for the Schwartz-Lindquist reference.
Fr. 2104-E* $50 1934B Mule Federal Reserve Note. PCGS Very Fine 35.
This evenly circulated Richmond star carries the highest serial number listed in the latest Schwartz-Lindquist reference. Nice centering enhances the attractiveness of this example.
Fr. 2105-D* $50 1934C Federal Reserve Note. PCGS Extremely Fine 40.
The print runs for these replacements across all districts were small relative to regular note production.
Fr. 2105-G $50 1934C Mule Federal Reserve Note. PCGS Superb Gem New 67PPQ.
This series had one of the lower print runs overall for this denomination, and this example is by far the best we have been able to offer to the collecting fraternity. Wonderful embossing, vibrant color and great centering are just a few of the attributes found on this superb note.
Fr. 2106-A* $50 1934D Federal Reserve Note. PCGS Very Fine 20.
This is only the second replacement note we have offered in seven years from Boston.
Fr. 2106-E* $50 1934D Federal Reserve Note. PCGS Very Fine 25.
The recently released eighth edition of Schwartz-Lindquist shows this note as the low serial number, as another note claims the high serial number spot. All 1934D $50 Stars are scarce, with this evenly circulated and problem free piece probably capable of reaching or exceeding. . .
Fr. 2107-A* $50 1950 Mule Federal Reserve Note. PMG About Uncirculated 55.
A very light diagonal fold is all that is noticed on this scarce Boston star that retains some embossing along with having nice margins. The serial number is also several thousand higher than the current high number in the Schwartz-Lindquist reference.
Fr. 2107-H $50 1950 Specimen Federal Reserve Note. PCGS Superb Gem New 67PPQ.
This gorgeous example starts an interesting run of a denomination not often seen in the "Specimen" format. Wonderful color and a pleasing ladder serial number highlight this item, which is the highest grade specimen $50 offered.
Fr. 2108-I $50 1950A Specimen Federal Reserve Note. PCGS Gem New 66PPQ.
This Specimen note is printed for the Minneapolis district, which had no regular notes issued. Official records indicate 384,000 Minneapolis $50's were printed for Series 1950. In January of 1953 when Priest and Humphrey assumed the roles of Treasurer and Secretary of the Treasury, there was a call for new signatures and Series 1950A began production. Notes were printed between 1953 and 1957 for all the Federal Reserve Districts except for Minneapolis and would not resume for this district until Series 1950C between January 1961 and April 1962. However, Series 1950A specimens were produced for all twelve districts including Minneapolis. This piece represents the only opportunity to possess a Minneapolis note from this Series and is a prize for any collector specializing in this northern district's issues. The word "SPECIMEN" is stamped once vertically front and back. The time to acquire this possibly unique Friedberg number awaits one lucky bidder.
Fr. 2109-A, B, (3), C (3), D, E, G, H, J, L $50 1950B Federal Reserve
Notes. Near Complete Regular District Set. Choice Crisp Uncirculated.

Nine different districts are represented in this lot from a series that saw only ten districts issue notes. The only note missing is Dallas. Also, there is just one note below the assigned grade and that is one of the Philadelphia notes which grades Very Good.
Fr. 2109-D* $50 1950B Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The paucity of appearances at auction of this elusive star attest to its scarcity
Fr. 2109-E $50 1950B Federal Reserve Note. Dual Courtesy Autograph. PMG Gem Uncirculated 65 EPQ.
This lovely note would make a fine complement to the $100 dual autographed note listed below. A rare denomination signed as such.
Fr. 2110-D $50 1950C Specimen Federal Reserve Note. PCGS Gem New 66PPQ.
The word "SPECIMEN" appears once vertically on the face and back. It is with great pleasure that we offer this large cache of notes which may not be repeated any time soon.
Fr. 2112-B $50 1950E Specimen Federal Reserve Note. PCGS Very Choice New 64PPQ.
The word "SPECIMEN" is deeply embossed twice on the face and back of this note. Unlike the earlier $50 Specimens offered here, the word is stamped twice vertically on the back near each end. Serial number B23456789A is the customary ladder serial number seen on specimens from this era.
Fr. 2112-G* $50 1950E Federal Reserve Note. PMG Choice Very Fine 35 EPQ.
This scarce replacement note is lightly circulated and exhibits plenty of embossing. This is only the fifth offering of this elusive issue to be offered by us in six years. A current value of $800 is listed in the Schwartz guide.
Fr. 2113-E* $50 1963A Federal Reserve Note. PCGS Gem New 66.
This is a well margined modern day star rarity.
Fr. 2114-K* $50 1969 Federal Reserve Note. PCGS Very Choice New 64PPQ.
Although issued less than 40 years ago, these modern stars do not turn up with any regularity. In fact, this is the first time we have been able to offer this Dallas star. Embossing and original paper surfaces are highlights of this example that just needs better centering for a Gem grade.
Fr. 2116-B $50 1969B Federal Reserve Note. PMG About Uncirculated 53 EPQ.
A light centerfold and nice embossing are found on this very scarce modern series note. While available in the Very Fine grade range, examples that are this lightly circulated are a real treat when one actually can find one.
Fr. 2116-K* $50 1969B Federal Reserve Star Note. PMG Very Fine 25.
Even circulation is found on this very scarce star that had a printing of only 128,000 pieces. Superb green ink overprint accentuates bright and fresh paper surfaces. The Schwartz value of $1,000 in VF might prove to be conservative.
Fr. 2116-K* $50 1969B Federal Reserve Note. PMG Very Fine 20.
An attractive and evenly circulated example of this very scarce star that had a meager printing of only 128,000 notes. We have only sold four of these in six years at Heritage and this note faces up rather nicely. This is just as attractive as the other example of this scarce note offered in this sale.
Fr. 2119-E* $50 1977 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The first of a pair of consecutive low number stars, with this piece bearing neat two digit serial number E00000037*. It is the finest of the six 1977 $50 Atlanta stars graded by PMG to date.
Fr. 2125-D* $50 1993 Federal Reserve Note. PCGS Superb Gem New 69PPQ.
Behemoth margins and near perfection should propel the bidding to new heights.
Fr. 2126-G* $50 1996 Federal Reserve Notes. Eighteen Consecutive Examples. Choice Crisp Uncirculated.
These single Stars originally left the BEP in sheet form.
Fr. 2127-B* $50 2001 Federal Reserve Note. PMG Very Fine 25.
There is only one thing more appealing than a serial number one note and that's a replacement serial number one. This is the first of only 320,000 star notes printed for the New York district.
Fr. 2127-E* $50 2001 Federal Reserve Note. PCGS Superb Gem New 67PPQ.
Replacements for this issue were only printed for New York and Richmond. This piece is one of the more attractive issues, not just for grade, but also for the three digit serial number 751*.
Fr. 2150-I $100 1928 Federal Reserve Note. CGA About Uncirculated 55.
The overprint remains dark and the margins are sizeable.
Fr. 2150-J* $100 1928 Federal Reserve Note. PMG Very Fine 30 EPQ.
An exceptionally rare star which is identical in every respect to the PMG graded piece we sold in the Flynn sale for $8625. With demand for star notes at record high levels, we would not be at all surprised to see that mark equaled if not exceeded for this bright and evenly circulated specimen.
Fr. 2151-A $100 1928A Federal Reserve Note. PCGS Very Choice New 64.
A pleasing example from a tougher district to obtain for the issue.
Fr. 2151-F $100 1928A Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The paper is screamingly original on this Atlanta C-note.
Fr. 2151-F $100 1928A Federal Reserve Note. Choice Crisp Uncirculated.
The embossing of this C-note belies its age.
Fr. 2151-F $100 1928A Federal Reserve Note. Choice Crisp Uncirculated.
Strong embossing will accompany this $100 to its next owner. Black ink is found in the lower left margin.
Fr. 2151-H $100 1928A Light Green Seal Federal Reserve Note. Very Choice Crisp Uncirculated.
The paper originality is incredible with the only grade limiting factor a thin bottom margin.
Fr. 2152-A $100 1934 Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
Macro back plate number 114 graces this Boston note.
Fr. 2152-G* $100 1934 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
An excessively rare star at this level which boasts genuine originality.
Fr. 2152-G* $100 1934 Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
This is a bright replacement note which is rarely found in this state of preservation.
Fr. 2152-I $100 1934 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Minneapolis has always proven to be a difficult district to find in high grade.
Fr. 2152-J $100 1934 Mule Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
A pleasing KC note that exhibits decent margins.
Fr. 2154-H $100 1934B Mule Federal Reserve Note. PCGS Gem New 66PPQ.
This is a pleasing grade for an early C-note.
Fr. 2155-D* $100 1934C Mule Federal Reserve Note. PCGS About New 53PPQ.
This is an excessively rare series for star notes from any district, with only seven of the eleven issuing districts represented by serial numbers in the latest Schwartz-Lindquist reference. As a bonus, this lightly circulated example comes with a partial "down ladder" serial number of D00054321*.
Fr. 2157-A $100 1950 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is the first time we have had the opportunity to offer specimen notes for this series, with this the first of five districts represented. "SPECIMEN" is stamped front and back at right. This wonderful example is well margined.
Fr. 2157-A* $100 1950 Federal Reserve Note. PMG Very Fine 30.
While not a considerably scarce star, this piece is certainly not run-of-the-mill. The serial number is now the lowest recorded by over 4000 and better yet, it's only two digits, A00000027*.
Fr. 2157-B $100 1950 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is a gorgeous specimen note from the New York district.
Fr. 2157-C $100 1950 Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The margins on this Philadelphia specimen note are not as even as those for the other districts offered here today.
Fr. 2157-D $100 1950 Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
A pleasing specimen example from the Cleveland district carrying the ever popular ladder serial number D23456789A.
Fr. 2157-L $100 1950 Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is the last specimen note for the series which is available here. Once these notes are disbursed it may well be some time before another opportunity to acquire one will be available.
Fr. 2158-A $100 1950A Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Another wonderful specimen note graded towards the upper grade range for this type of note.
Fr. 2159-B $100 1950B Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A pleasing New York specimen note with a bit of tightness across the top margin.
Fr. 2159-E $100 1950B Federal Reserve Note. Dual Courtesy Autograph. PMG Choice Uncirculated 64 EPQ.
This is perhaps the only known $100 FRN that carries this courtesy dual autograph of Priest and Anderson.
Fr. 2161-L $100 1950D Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This San Francisco specimen note displays an interesting "SPECIMEN" alignment on the back with both horizontal and vertical printing.
Fr. 2162-B $100 1950E Specimen Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A difficult note to acquire as issued, but in this format quite desirable. Vivid color and pleasing margins are noticed.
Fr. 2162-B $100 1950E Federal Reserve Notes. Three Consecutive Examples. PCGS Very Choice New 64PPQ (2) & Gem New 65PPQ.
This pleasing trio contains notes with bold embossing and even margins. Elusive at these grade levels, there is no telling when another original mini run such as this will surface.
Fr. 2162-B* $100 1950E Federal Reserve Note. PCGS Very Choice New 64.
Star notes are seldom seen from this very scarce series, especially in high grades. This premium example from the New York district appears well margined with great color. A true Star note rarity that is likely to inspire spirited bidding that will end somewhere in the range of. . .
Fr. 2162-G $100 1950E Federal Reserve Note. PCGS Very Choice New 64PPQ.
The 1950E series is a notoriously difficult issue. Of the only three districts for which C-notes were printed, the Chicago district is by far the scarcest, with only 576,000 notes as compared with more than three million for New York, and more than 2.7 million for San Francisco.
Fr. 2162-L $100 1950E Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is a nicely margined example from this elusive district.
Fr. 2162-L* $100 1950E Federal Reserve Note. PMG Extremely Fine 40 EPQ.
This elusive example hails from a series which only produced notes for three districts. It also was the last issue to not carry the "In God We Trust" motto.
Fr. 2163-C $100 1963A Specimen Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Huge margins and the always eye appealing ladder serial number are noticed on this Philadelphia specimen 'C' note.
Fr. 2164-A $100 1969 Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
The closed pinholes have prevented the EPQ designation on this otherwise lovely Boston specimen note.
Fr. 2165-C $100 1969A Specimen Federal Reserve Note. PMG About Uncirculated 55 EPQ.
A touch of a fold is visible on this Philly specimen. We are fortunate to offer perhaps the largest group of these interesting notes ever presented in one auction.
Fr. 2166-G $100 1969C Federal Reserve Notes. Ten Examples. Choice Crisp Uncirculated.
Nine of these notes are consecutive.
Fr. 2166-K $100 1969C Specimen Federal Reserve Note. PMG Choice Uncirculated 64.
The word SPECIMEN is deeply embossed twice on the face and back of this note with serial number K23456789A, the customary ladder serial number seen on specimens from this time period. PMG has mentioned an internal tear.
Fr. 2167-D $100 1974 Specimen Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
This Cleveland Specimen note exhibits staple holes from being in a specimen book containing each denomination for this particular issue.
1974 Specimen Federal Reserve Note Denomination Set
This wonderful group contains one each of the $1, $5, $10, $20, $50, and $100 Specimen notes for series 1974. The $1 note Fr. 1908-H is graded PMG Gem Uncirculated 65 EPQ, the $5 note Fr. 1973-I is graded PMG Choice Uncirculated 64 EPQ, the $10 note Fr. 2022-C is graded PMG Gem Uncirculated 66 EPQ, The $20 note Fr. 2071-D is graded PMG Gem Uncirculated 65 EPQ, the $50 Note Fr. 2118-D is graded PMG Gem Uncirculated 65 EPQ, and lastly, the highlight of the set, the $100 note Fr. 2167-L is graded PMG Superb Gem Unc 67 EPQ. An opportunity for a complete set such as this may not present itself again for some time.
Fr. 2168-B $100 1977 Specimen Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The word SPECIMEN is deeply embossed twice on the face and back of this note. The word is stamped twice vertically on the back near each end. Serial number B23456789A is the customary ladder serial number seen on specimens from this time period. This particular note came from set 0024 as noted at the lower right on the back.
Fr. 2176-B* $100 1999 Federal Reserve Notes. Four Examples. Gem Crisp Uncirculated.
Three of these are consecutive.
Fr. 2176-B* $100 1999 Federal Reserve Notes. Eleven Examples. Gem Crisp Uncirculated.
Two consecutive mini-runs are within this lot.
Fr. 2176-B* $100 1999 Federal Reserve Notes. Fourteen Consecutive Examples. Gem Crisp Uncirculated.
These are handsome Stars with wide margins.
Fr. 2177-D* $100 2001 Federal Reserve Notes. Five Examples. Choice Crisp Uncirculated or Better.
These have wide margins with one example having a tiny corner nick.
Fr. 2200-A $500 1928 Federal Reserve Note. PMG Choice Very Fine 35 EPQ.
The Boston 1928 $500 is an extremely rare note which is the key piece to the $500 series. It is priced at $10,000 in Very Fine in the new small size catalogue (a figure which appears to be more theoretical than real to us) and unpriced in any higher grade. This example is as nice as any we've seen in recent years, nice enough, in fact, to be one of the few circulated notes to garner PMG's coveted EPQ designation. With rare small size notes bringing ever higher prices, expect this example to easily reach and likely well exceed our very conservative estimate of...
Fr. 2200-C $500 1928 Federal Reserve Note. CGA Extremely Fine 45.
Bold inks and vivid details stand out on this Philly $500 that has just received a minor amount of circulation.
Fr. 2200-D $500 1928 Federal Reserve Note. PCGS Extremely Fine 40.
Vibrant colors dance off the paper of this early Cleveland district "Redeemable in Gold" note.
Fr. 2200-D* $500 1928 Federal Reserve Note. PMG Very Fine 25 Net.
An incredible rarity which may well be the most significant small size note we have offered in recent years. Both the Sullivan census and the new edition of the Schwartz and Lindquist reference list just two 1928 $500 star examples known, one from the Philadelphia district and one from the Chicago district. This piece, which was discovered earlier this year and is offered here to the numismatic fraternity for the first time, is the first 1928 $500 star to be uncovered in many years, and, judging from the miniscule production figures for stars in this series, might well be the last for an equal number of years. It is the only star known from the Cleveland district, which had a total production of only 1080 pieces, with several districts printing even fewer stars. The note itself is an evenly circulated and well centered piece with a bright green overprint and plenty of eye appeal for the grade. PMG has net graded the note Very Fine 25 because of an "Internal Split Repair," which we can not locate even when the note is held up to a light source. Whatever the grade, this is one of the most significant small size rarities to be offered this decade, and one which might not be available again to collectors for the better part of a generation, if even then. Any estimate here is a total guess, as a 1928 $500 star has been on every serious small size collector's wish list for eons, but we would not be at all amazed to see a six-figure realization for this incredible note.
Fr. 2200-E $500 1928 Federal Reserve Note. PCGS Extremely Fine 45.
Series 1928 high denominations have always enjoyed a following. This Richmond FRN is sure to please as it displays sound margins and bright color.
Fr. 2200-E $500 1928 Federal Reserve Note. PMG Choice Very Fine 35 EPQ
Fr. 2200-F $500 1928 Federal Reserve Note. PMG About Uncirculated 55.

This is just a great pair of $500 notes with both sporting the same serial number of 00014051. The odds of assembling this pair are astronomical and it took one determined collector to accomplish this feat. They reside in a PMG multi-note holder.
Fr. 2200-F $500 1928 Federal Reserve Note. PMG Very Fine 25.
A bit tougher district in the 1928 series.
Fr. 2200-F $500 1928 Federal Reserve Note. PMG Very Fine 25.
Just moderate wear is observed on this small size $500 that is from a scarce district.
Fr. 2200-F $500 1928 Federal Reserve Note. PMG Very Fine 20.
This example, which is one of less than 70,000 printed, remains bright and faces up well despite its brief sojourn in circulation.
Fr. 2200-G $500 1928 Federal Reserve Note. PCGS Gem New 65.
This is a well centered and very bright Series 1928 example which easily makes the gem grade.
Fr. 2200-G $500 1928 Federal Reserve Note. PCGS Gem New 65.
A well margined example of this Chicago high denomination note that has excellent centering, bright paper and bold ink color. As nice a note as we have seen from here in a year or two.
Fr. 2200-G $500 1928 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This is a well centered and bright example which would make a wonderful addition for type.
Fr. 2200-G $500 1928 Federal Reserve Note. PCGS Choice About New 58.
A perfect example for the collector who wants a nice high end barely circulated 1928 $500.
Fr. 2200-G $500 1928 Federal Reserve Note. PMG About Uncirculated 55.
Some light handling is noticed on this early $500 note from Chicago.
Fr. 2200-H $500 1928 Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
A tight right margin is the only reason this vividly printed St. Louis $500 did not receive a higher grade. PMG has awarded this example the appellations of "Exceptional Paper Quality, Great Embossing."
Fr. 2200-H $500 1928 Federal Reserve Note. PMG About Uncirculated 50.
The corners are sharp and print quality strong on this note that retains some embossing.
Fr. 2200-H $500 1928 Federal Reserve Note. PMG Choice Very Fine 35.
Simply a gorgeous note for the grade, with PMG commenting on the back about a split repair at upper left.
Fr. 2200-I $500 1928 Federal Reserve Note. CGA Extremely Fine 45 Restored.
A few repairs are noticed when candling this Minneapolis $500.
Fr. 2200-J $500 1928 Federal Reserve Note. CGA Extremely Fine 45.
Bright paper and vibrant inks are highlights of this lightly circulated Kansas City $500.
Fr. 2200-J $500 1928 Light Green Seal Federal Reserve Note. PCGS Fine 12.
An evenly circulated example of the scarcer Light Green Seal variety of 1928 $500. The LGS variation was only issued by three districts.
Fr. 2200-K $500 1928 Federal Reserve Note. PMG Very Fine 30 Net.
This mid-grade Dallas $500 has an attractive face with a bold overprint. A small area of discoloration on the back has resulted in a net grade from PMG for this otherwise quality note.
Fr. 2200-L $500 1928 Federal Reserve Note. PMG Very Fine 20.
Even circulation is observed on this $500 example from the San Francisco district that has been subjected to a small erasure spot on the left side of the face. San Francisco had the second lowest printing for this series at only 64,080 notes.
Fr. 2201-A $500 1934 Federal Reserve Notes. Nine Examples. PMG Choice Uncirculated 64 EPQ to PMG Gem Uncirculated 66 EPQ.
This is a lovely run of Boston $500s that includes eight consecutive notes plus one outlier. While one note has "only" been graded 64 EPQ because of a teller smudge, the other eight wonderfully embossed notes have been awarded a Gem grade of at least 65 EPQ or better including six notes at the 66 EPQ level. This is an outstanding top quality group of high denomination examples from this district, all of which have higher serial numbers than those currently reported in the Schwartz-Lindquist reference.
Fr. 2201-A $500 1934 Light Green Seal Federal Reserve Note. PMG Extremely Fine 40 EPQ.
This is a pleasing note from the tougher Boston district that did not circulate extensively.
Fr. 2201-A $500 1934 Federal Reserve Note. PCGS Extremely Fine 40PPQ.
A long fold and some handling are noted on this bright example.
Fr. 2201-A $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 20.
The light green overprint is solid and the serial number is only four digits.
Fr. 2201-A $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 20.
The colors are bright on this Boston high denomination that according to PMG suffers from splits.
Fr. 2201-B $500 1934 Federal Reserve Note. PMG Choice About Uncirculated 58 EPQ.
One of a consecutive pair of $500s, both of which carry a PMG grade of Choice About Uncirculated 58 EPQ, and both of which appear New in the holders.
From The Collection of Albert Rollins
Fr. 2201-B $500 1934 Federal Reserve Note. PMG Choice About Uncirculated 58 EPQ.
A well centered and fully bright specimen which certainly appears new through the holder. It's one of a consecutive pair, both of which carry the coveted PMG EPQ designation.
From The Collection of Albert Rollins
Fr. 2201-B $500 1934 Dark Green Seal Federal Reserve Note. PCGS Choice About New 58PPQ.
High denominations continue to capture the public's interest. The lightest handling holds this pretty New York $500 back from a CU grade.
Fr. 2201-B $500 1934 Federal Reserve Note. PCGS About New 50.
A bright and well centered example with considerable claim to an even higher grade.
Fr. 2201-B $500 1934 Federal Reserve Note. PMG Choice Very Fine 35.
The paper remains bright on this colorful note.
Fr. 2201-B* $500 1934 Federal Reserve Note. PMG Choice Very Fine 35.
Our records indicate seven surviving star examples are known from the New York district. This piece brings that total to eight, though only one has ever graced our auctions. That piece was a repaired, washed, pinholed, and just plain awful specimen which realized $2,070 in the Taylor Family auction. The note offered here is the only respectable example to cross the auction block in recent years. Plenty of body remains on this piece and the overprint is bold.
Fr. 2201-C $500 1934 Federal Reserve Note. CGA Extremely Fine 40.
A few pinholes are reported by CGA on this Philly $500 FRN.
Fr. 2201-D $500 1934 Light Green Seal Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
A well margined note that retains wonderful color contrast though the bottom margin is a bit close.
Fr. 2201-E $500 1934 Federal Reserve Note. PMG Choice Extremely Fine 45.
The paper is bright and the color vibrant on this Richmond high denomination.
Fr. 2201-E $500 1934 Federal Reserve Note. PCGS Very Fine 30.
The color is pleasing on this always popular Richmond example.
Fr. 2201-F* $500 1934 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
This example is one of only ten known survivors currently enumerated in the high denomination census. It has been almost thirty years since this note last made an appearance at auction as Lot 497 in the NASCA Memphis '80 auction. It is a wonderful replacement note worthy of your consideration as the colors, embossing, and eye appeal rival those of a new note.
Fr. 2201-G* $500 1934 Federal Reserve Note. PMG Choice Extremely Fine 45.
This is about the most available of the $500 stars if any of these rare notes can be called "common." Just light circulation is observed on this bright piece which would be perfect for the collector seeking to acquire just one example of this scarce type.
Fr. 2201-H $500 1934 Light Green Seal Federal Reserve Note. PCGS About New 53PPQ.
Nice color is found on this St. Louis $500 where most of the evidence of circulation is a light fold in the right margin.
Fr. 2201-H $500 1934 Light Green Seal Federal Reserve Note. PMG About Uncirculated 50.
A tiny margin tear has been noted by PMG on this brightly inked note with lime green overprints. The eye appeal is good and the minor split really negligible.
Fr. 2201-H $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 30.
The overprint is bright for the grade.
Fr. 2201-H $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 25 Net.
Three digit serial number 250 graces this moderately circulated St. Louis $500 that has picked up some repaired pinholes and several margin tears during its sojourn in commerce.
Fr. 2201-I $500 1934 Light Green Seal Federal Reserve Note. Very Fine.
The inks are vibrant on this note with bright paper. A small stain in the top margin and a slight skin on the back affect nothing.
Fr. 2201-J $500 1934 Light Green Seal Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is a rare and beautiful example fit for the finest of collections. Not only is this Light Green Seal note wonderfully centered and utterly original, but it is by far the finest $500 note from any series from the Kansas City district that PMG has certified to date, and is the only Kansas City $500 grading higher than 64. Expect a runaway price for this simply delightful high denomination rarity.
Fr. 2201-J $500 1934 Light Green Seal Federal Reserve Note. PCGS Choice New 63PPQ.
The colors are strong on this wonderful LGS example from the Kansas City district.
Fr. 2201-K $500 1934 Light Green Seal Federal Reserve Note. PMG Choice Extremely Fine 45 EPQ.
Bright paper and original surfaces are easily noticed through the holder.
Fr. 2201-K $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 30.
This variety remains very elusive for this issue. The colors are bright and the paper is firm.
Fr. 2201-K $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 30.
PMG has commented about some margin damage on this note which despite the minor margin staining retains nice color.
Fr. 2201-L $500 1934 Federal Reserve Note. PMG Choice Very Fine 35 Net.
This $500 faces up nicely while the label mentions back discoloration.
Fr. 2201-L $500 1934 Light Green Seal Federal Reserve Note. PCGS Very Fine 25.
Circulation is evenly spread across the surfaces of this LGS San Francisco $500.
Fr. 2202-B $500 1934A Federal Reserve Note. PCGS Choice About New 58PPQ.
A soft center fold is noticed beneath the plastic on this bright New York high denomination.
Fr. 2202-B $500 1934A Federal Reserve Note. PMG Choice About Unc 58.
It is difficult to find any evidence of circulation through the third party holder of this boldly printed New York $500 that retains vibrant color.
Fr. 2202-B $500 1934A Federal Reserve Note. PMG About Uncirculated 55 EPQ.
A visible fold at center is the only circulation encountered by this New York example.
Fr. 2202-B $500 1934A Federal Reserve Note. PMG About Uncirculated 50.
This lightly handled handled New York note maintains bright surfaces and deep inks.
Fr. 2202-C $500 1934A Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The embossing is powerful on this lovely Philadelphia $500 that just needs a bit better centering to be awarded a gem grade.
Fr. 2202-C $500 1934A Federal Reserve Note. PCGS Extremely Fine 45.
A nice circulated $500 perfect for the collector who wants one moderately priced specimen. It is also a new high serial number for the Schwartz-Lindquist reference.
Fr. 2202-F $500 1934A Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is a fresh and bright example that is rarely seen with regularity in the upper grade levels.
Fr. 2202-G $500 1934A Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This example is quite attractive and displays even margins.
Fr. 2202-G $500 1934A Federal Reserve Note. PCGS New 62.
Good color is retained by this Chicago high denomination though it is held back from a higher grade due to a thin lower margin at right.
Fr. 2202-G $500 1934A Federal Reserve Note. PMG Choice Extremely Fine 45.
Large margins add to the eye appeal of this pleasing note.
Fr. 2202-G $500 1934A Federal Reserve Note. PMG Extremely Fine 40.
A pleasing mid-grade high denomination from the Chicago district.
Fr. 2202-H $500 1934A Federal Reserve Note. PMG Choice About Unc 58 EPQ.
The lightest of center bends has taken this original St. Louis note out of the new category.
Fr. 2202-H $500 1934A Federal Reserve Note. CGA About Uncirculated 50.
Two folds can be found on this near solid serial numbered issue. Interestingly, the consecutive note to this, the solid serial number 5 issue, is also in this auction.
Fr. 2202-H $500 1934A Mule Federal Reserve Note. PMG Choice Very Fine 35.
This St. Louis issue which carries micro back plate number 2 had a miniscule print run of 57,600 notes. Nice margins are seen on this mid-grade example.
Fr. 2202-H $500 1934A Federal Reserve Note. PMG Very Fine 25.
PMG has made mention of some discoloration on the back of this otherwise bright note that faces up well.
Fr. 2202-H $500 1934A Federal Reserve Note. PMG Very Fine 20.
The consignor notes this is the highest solid serial number known for this St. Louis issue. With the highest serial number recorded being 70638, only one other note can vie for that claim, the 66666. Based on survival rates, it is very unlikely that note will surface.
Fr. 2202-I $500 1934A Federal Reserve Note. PCGS About New 50.
A very nice note from by far the scarcest district to issue in this series, with a printing of only 14,400 pieces.
Fr. 2202-I $500 1934A Federal Reserve Note. PMG Very Fine 30.
A much scarcer district, as Minneapolis had a printing of a miniscule 14,400 pieces.
Fr. 2202-I $500 1934A Federal Reserve Note. PMG Fine 12.
This well circulated Minneapolis $500 has some areas of edge roughness which PMG refers to as distressed margins. Still, the body of the note is quite presentable even with a few light stains on the back. The note is also a new high number for the Schwartz-Lindquist reference.
Fr. 2202-J $500 1934A Federal Reserve Note. PCGS Extremely Fine 45.
The margins are nice and the colors still vibrant on this lightly circulated Kansas City $500.
Fr. 2202-J $500 1934A Federal Reserve Note. PCGS Very Fine 25.
This is a pleasing mid-grade example from Kansas City.
Fr. 2202-L $500 1934 Federal Reserve Note. PMG Choice Very Fine 35.
A well centered and evenly circulated $500.260
Fr. 2210-A $1000 1928 Federal Reserve Note. PMG Very Fine 25.
The Boston district is the key to the regular issue notes for this series and is missing from most advanced high denomination collections. Some serial number embossing is still visible within the third party holder of this evenly circulated example. The new Schwartz and Lindquist catalogue values this note at $30,000 in Very Fine, a valuation which seems reasonable considering the rarity of this item.
Fr. 2210-B $1000 1928 Federal Reserve Note. PMG Very Fine 30.
Much more difficult to acquire than the standard reference books suggest as this is only the fourth New York example we have handled from this series.
Fr. 2210-C $1000 1928 Federal Reserve Note. Very Fine.
The note appears to have been wet at one time though it remains crisp and colorful.
Fr. 2210-D $1000 1928 Federal Reserve Note. PMG Extremely Fine 40.
A very attractive Series 1928 $1000 FRN with claims to an even higher grade as this note appears New at first glance.
Fr. 2210-D $1000 1928 Federal Reserve Note. PMG Choice Very Fine 35.
One of a small group of evenly circulated 1928 thousands, a type which has virtually disappeared during the past several years. This Cleveland district example is quite nice, showing traces of original embossing visible through the PMG holder.
Fr. 2210-D $1000 1928 Federal Reserve Note. PMG Very Fine 25.
Low three digit serial number D00000762A contributes to the overall fresh appearance of this Cleveland high denomination.
Fr. 2210-E $1000 1928 Light Green Seal Federal Reserve Note. PMG Very Fine 20.
This serial number becomes the new low in the Schwartz reference. Much scarcer than one would believe.
Fr. 2210-E $1000 1928 Federal Reserve Note. PMG Very Fine 20 Net.
Some rust stains are noticed and discoloration is evident as well on this early Richmond issue.
Fr. 2210-F $1000 1928 Federal Reserve Note. PMG Extremely Fine 40 Net.
Some discoloration is noticed on the back near the bottom center on this otherwise lightly handled Atlanta early high denomination.
Fr. 2210-F $1000 1928 Federal Reserve Note. PMG Very Fine 25.
One of a group of five 1928 Atlanta thousands, all from the same group and all graded Very Fine 25 by PMG. This attractive note bears by far the lowest serial number known from this district, F00000198A.
Fr. 2210-F $1000 1928 Federal Reserve Note. PMG Very Fine 25.
Another evenly circulated and nicely centered Atlanta 1928 thousand from this small and most unusual hoard.
Fr. 2210-F $1000 1928 Federal Reserve Note. PMG Very Fine 25.
Nice but not as nice as the others in this group. PMG notes "Discoloration," which is just a bit of light aging around the back margin.
Fr. 2210-F $1000 1928 Federal Reserve Note. PMG Very Fine 25.
Perhaps the nicest of the identically graded 1928 Atlanta thousands in this sale.
Fr. 2210-F $1000 1928 Federal Reserve Note. PMG Very Fine 25.
Another attractive and bright Atlanta district 1928 thousand, very sharp for the grade.
Fr. 2210-G $1000 1928 Federal Reserve Note. PCGS Choice New 63.
Bright and displaying excellent color, this choice Chicago $1000 also retains plenty of original embossing.
Fr. 2210-G $1000 1928 Federal Reserve Note. PMG Choice Very Fine 35.
The 1928 $1000s are several times scarcer than their later counterparts. This mid-grade example is perfect for the collector looking for a nice type example.
Fr. 2210-G $1000 1928 Federal Reserve Note. PMG Very Fine 30.
This pleasing note has been awarded a nice mid-grade by PMG which appears right on.
Fr. 2210-G $1000 1928 Federal Reserve Note. PMG Very Fine 25.
A very nice 1928 example in a Very Fine 25 holder.
Fr. 2210-H $1000 1928 Light Green Seal Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
Fr. 2210-H $1000 1928 Light Green Seal Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.

This consecutive pair of well preserved St. Louis $1000s in a PMG multi-note holder is highlighted by their natural paper wave, embossing, and beautiful light green ink. Overall they are a stunning pair and destined to be added to an outstanding collection.
Fr. 2210-H $1000 1928 Light Green Seal Federal Reserve Note. PMG Choice About Unc 58.
This is the first of a consecutive pair of LGS St. Louis $1000s. The pair is both well embossed with natural paper wave. Without seeing the notes outside of the holder, we can only wonder why these pieces are not fully uncirculated and why PMG did not bestow the EPQ designation. This piece is especially nice and looks like a full Gem.
Fr. 2210-H $1000 1928 Federal Reserve Note. PMG Choice About Unc 58.
The second in a consecutive pair. This piece is equally as nice, though the margins are a touch uneven. They are certainly large enough to give the piece the appearance of a full CU.
Fr. 2210-H $1000 1928 Light Green Seal Federal Reserve Note. PMG Extremely Fine 40.
The face of this lightly circulated St. Louis $1000 is bright and attractive but some repair work on the back has been obscured with correction fluid which PMG has determined to be whiteout repairs.
Fr. 2210-H $1000 1928 Federal Reserve Note. PMG Very Fine 25.
A very decent and quite evenly circulated St. Louis 1928 $1000 with good color and appearance for the grade.
Fr. 2210-I $1000 1928 Federal Reserve Note. PMG About Uncirculated 50.
An extremely difficult note to locate given the fact that Minneapolis printed the fewest examples at 26,640, though the reported serial number range known would suggest even fewer were issued. Well margined and bright, and worthy of a strong bid. Expect some real competition tonight before the hammer falls on this beauty.
Fr. 2210-J $1000 1928 Federal Reserve Note. PCGS Very Fine 30.
Embossing can easily be seen through the PCGS holder of this much tougher Kansas City $1000. Nice margins are an attribute of this moderately circulated example.
Fr. 2210-K $1000 1928 Federal Reserve Note. Very Fine+.
With just under 43,000 notes printed for this district, it is the second scarcest for this issue behind Minneapolis. Crisp paper gives way to the subdued remnants of a teller stamp noticed near the portrait area.
Fr. 2210-L $1000 1928 Federal Reserve Note. PMG About Uncirculated 55 EPQ.
It's hard to detect the reason for the PMG assigned AU grade on this DGS San Francisco note.
Fr. 2211-A $1000 1934 Light Green Seal Federal Reserve Note. PMG Choice Extremely Fine 45.
This is an evenly circulated note that exhibits bright overprints on crisp white paper.
Fr. 2211-A $1000 1934 Federal Reserve Note. PCGS Extremely Fine 45.
This is a pleasing Boston $1000 that carries a pseudo radar serial number which reads the same forward and back but is preceded by three zeroes.
Fr. 2212-B $1000 1934A Federal Reserve Note. PMG Choice Extremely Fine 45.
This colorful note faces up very well within the holder.
Fr. 2211-C $1000 1934 Light Green Seal Federal Reserve Note. Lowest Serial Number Reported. PMG Fine 12.
An unlikely survivor which carries the new reported low serial number of C00000513A.
Fr. 2211-D $1000 1934 Federal Reserve Note. PCGS Very Fine 30.
The Cleveland district is one which appears to be a bit harder to come by based on our sales records.
Fr. 2211-E $1000 1934 Light Green Seal Federal Reserve Note. PCGS Choice About New 58.
Only 19,560 notes were printed for the Richmond district. The contrast of the lime green overprint against the dark inks is certainly eye appealing. Offerings at auction of these notes occur infrequently. The Schwartz guide lists a value in Choice CU at $13,500.
Fr. 2211-E $1000 1934 Federal Reserve Note. PMG Choice Extremely Fine 45 EPQ.
An attractive high denomination example bearing PMG's coveted EPQ designation from the scarcer Richmond district.
Fr. 2211-F $1000 1934 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
An attractive and well embossed piece which merited the sought after EPQ designation.
Fr. 2211-F $1000 1934 Serial Number Nine Light Green Seal Federal Reserve Note. Very Fine+.
This note becomes the lowest reported serial number from all issuing districts for the series. A pleasing note displaying original surfaces and a tiny notch in the top margin that affects nothing. Certainly desirable enough to garner a winning bid in the area of. . .
Fr. 2211-G $1000 1934 Federal Reserve Note. PMG About Uncirculated 50.
Traces of embossing are noticed through the third party holder on this $1000 FRN that shows signs of handling.
Fr. 2211-G $1000 1934 Federal Reserve Note. PMG Choice Extremely Fine 45 EPQ.
Solid margins and great color highlight this lightly handled note.
Fr. 2211-G $1000 1934 Federal Reserve Note. PCGS Extremely Fine 45.
A very attractive $1000 which even displays some remaining embossing around the seal.
Fr. 2211-G $1000 1934 Federal Reserve Note. PMG Very Fine 30.
Some writing in the margin has been reported by PMG on this Chicago $1000 FRN.
Fr. 2211-G $1000 1934 Mule Federal Reserve Note. PMG Very Fine 25.
Here is a decent, colorful note with no discernible flaws seen.
Fr. 2211-G $1000 1934 Federal Reserve Note. PMG Very Fine 25.
This mid-grade Chicago $1000 has several small margin splits which have been duly noted by PMG.
Fr. 2211-G $1000 1934 Federal Reserve Note. Very Fine.
This Chicago note bears a transitional seal color as it is a mix of light and dark inks.
Fr. 2211-H $1000 1934 Light Green Seal Federal Reserve Note. PMG About Uncirculated 55 EPQ.
Plenty of embossing remains on this bright example that has just picked up some handling.
Fr. 2211-H* $1000 1934 Federal Reserve Note. PMG Very Fine 25.
Though two examples of this star are listed in the census, only one has ever been offered in our auctions. This discovery specimen brings the number of notes known to three. The last piece was offered in 2005 as part of the Taylor Family holdings and realized $6,440. This example, which shows only moderate circulation, is now the lowest serial number known. PMG mentions "Rust" on the holder, despite it being just a few flecks, none of which are distracting to the note's eye appeal.
Fr. 2211-I $1000 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 30 EPQ.
This is a rare note indeed, as the total issue from this district was a miniscule 12,000 pieces, by far the lowest of all twelve issuing districts. Few survivors bear the Light Green Seal. Expect some serious competition before the hammer falls on this item today.
Fr. 2211-K $1000 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 25.
This example becomes the lowest serial number known by over 350 notes in the Lindquist guide. Appearances at auction of the Dallas LGS variety are few and far between. Some splits are mentioned for accuracy by PMG.
Fr. 2211-L $1000 1934 Light Green Seal Federal Reserve Note. PMG About Uncirculated 55.
It has been a few years since we have been able to offer a San Francisco note with the lime green seal which is this nice. A fold is evident through Cleveland's portrait.
Fr. 2211-L $1000 1934 Light Green Seal Federal Reserve Note. Low Serial Number 8. PMG Extremely Fine 40.
A wonderful single digit serial number $1000 that now becomes the new low number for the Schwartz-Lindquist reference. While special numbers such as this are found with regularity on the lower denominations, that is certainly not the case with $1000s. Best of all, it has sustained just light circulation and retains bold color. This is a note for the collector of high denominations who definitely wants to spice up his holdings.
Fr. 2211-L $1000 1934 Federal Reserve Note. PCGS Very Fine 25.
Here is another evenly circulated note from San Francisco.
Fr. 2211-L $1000 1934 Mule Federal Reserve Note. PMG Very Fine 25.
The paper looks solid within the holder of this well inked San Francisco issue.
Fr. 2211-L* $1000 1934 Mule Federal Reserve Note. PMG Very Fine 25.
A few negligible margin splits are reported on this scarce star note by PMG. However, this bright San Francisco $1000 does have low serial number L00000533*.
Fr. 2212-A $1000 1934A Federal Reserve Note. CGA Choice Uncirculated 64.
This note now becomes the highest listed serial number in the Schwartz-Lindquist guide. It's a relatively difficult district to locate as only 30,000 notes were printed.
Fr. 2212-A $1000 1934A Federal Reserve Note. PMG About Uncirculated 53.
A more than acceptable high denomination piece from the tougher Boston district.
Fr. 2212-A $1000 1934A Federal Reserve Note. About Uncirculated.
An attractive note which is just one light center fold from new.
Fr. 2212-B $1000 1934A Federal Reserve Note. PMG About Uncirculated 55.
A nicely centered $1000 that appears new in its PMG encasement. If there is a fold, it is certainly a well hidden one.
Fr. 2212-B $1000 1934A Federal Reserve Note. PMG About Uncirculated 55.
A nice About Uncirculated specimen displaying good color and no problems whatever.
Fr. 2212-B $1000 1934A Federal Reserve Note. PMG About Uncirculated 53.
Here is another gorgeous Big Apple high denomination that just misses the New designation.
Fr. 2212-B $1000 1934A Federal Reserve Note. PMG Choice Extremely Fine 45.
This is a pleasing New York $1000 that has the initial appearance of a much higher grade.
Fr. 2212-F $1000 1934A Federal Reserve Notes. Six Consecutive Examples. PMG Choice Uncirculated 64 or Better.
This is a beautiful run of six consecutive $1000s from the Atlanta district. Save for the first note which is in a PMG Choice Uncirculated 64 holder, the other five pieces are well centered, vividly colored examples housed in PMG Gem Uncirculated 65 EPQ holders.
Fr. 2212-F $1000 1934A Federal Reserve Note. PCGS Choice About New 58PPQ.
A corner fold is noticed on this otherwise choice $1,000 from the Atlanta district.
Fr. 2212-F $1000 1934A Federal Reserve Note. PMG About Uncirculated 55.
A lone fold is most likely the cause for the grade assigned this bright Atlanta $1000 FRN, but it is difficult to locate within the holder.
Fr. 2212-F $1000 1934A Federal Reserve Note. PCGS About New 50.
We can find a diagonal fold on this decently margined item.
Fr. 2212-F $1000 1934A Federal Reserve Note. PMG Choice Extremely Fine 45.
This Atlanta $1000 is bright, crisp, and problem free for the grade.
Fr. 2212-F $1000 1934A Federal Reserve Note. PMG Extremely Fine 40.
An evenly circulated and problem free thousand which easily deserves its PMG assigned Extremely Fine 40 grade.
Fr. 2212-F $1000 1934A Federal Reserve Note. PMG Very Fine 20.
An evenly circulated example from Atlanta.
Fr. 2212-G $1000 1934A Federal Reserve Note. PCGS Gem New 66PPQ.
This is a widely margined beauty that maintains wonderful color. One of the nicest Chicago high denominations we have seen in a long time.
Fr. 2212-G $1000 1934A Federal Reserve Note. CGA Choice Uncirculated 64.
A nice, bright example graded by CGA.
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG About Uncirculated 55 EPQ.
A lovely example which appears fully uncirculated within its PMG holder.
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG About Uncirculated 55 EPQ.
Nice centering is a definite attribute of this lightly handled Chicago $1000.
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG About Uncirculated 55 EPQ.
Embossing is easily seen through the third party holder on this Chicago $1000 that has picked up a very light centerfold and some handling.
Fr. 2212-G $1000 1934A Federal Reserve Note. PCGS Choice About New 55.
We are unable to spot a fold through the holder on this Chicago $1,000.
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG About Uncirculated 55.
A perfect example for type, as this piece appears Gem New in the holder.
Fr. 2212-G $1000 1934A Federal Reserve Note. PCGS About New 53.
This is a well centered example from the Chicago district.
Fr. 2212-G $1000 1934A Federal Reserve Note. PCGS About New 50.
This is a great opportunity to snare a lightly handled example of this high denomination note.
Fr. 2212-G $1000 1934A Federal Reserve Note. PCGS Extremely Fine 45PPQ.
The original surfaces should produce some strong bids.
Fr. 2212-G $1000 1934A Federal Reserve Note. CGA Extremely Fine 45.
A bit of soiling is noticed on this well centered Chicago $1000.
Fr. 2212-G $1000 1934A Federal Reserve Note. CGA Extremely Fine 40.
The margins appear solid on this mid-grade Chicago $1000.
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG Very Fine 25.
PMG has mentioned splits on this Chicago thousand.
Fr. 2212-G $1000 1934A Federal Reserve Note. PCGS Very Fine 20.
An attractive example that bears some semblance of the usual circulation issues for the grade.
Fr. 2212-H $1000 1934A Federal Reserve Note. PMG Choice Uncirculated 64.
This colorful example would make a great addition for type. It is well margined and offers plenty of eye appeal.
Fr. 2212-I $1000 1934A Federal Reserve Note. PMG Extremely Fine 40.
This mid-grade lightly circulated example comes from a very elusive issue in any grade. It is well margined with plenty of eye appeal. Several years have passed since we have offered a collector grade note from the Minneapolis district which only printed 4800 notes. The lowest amount for all regular issue $1000 FRNs.
Fr. 2212-I $1000 1934A Federal Reserve Note. PMG Very Good 10.
In the last six years we have only offered nine examples of this scarce Minneapolis issue. PMG has mentioned tears, but the note is mostly complete.
Fr. 2212-J $1000 1934A Federal Reserve Note. PCGS Choice About New 58PPQ.
A light center bend accounts for the grade. It is so light, it disappears when the note is candled.
Fr. 2212-J $1000 1934A Federal Reserve Note. PMG Choice About Uncirculated 58.
A lovely high denomination example which appears fully uncirculated through its PMG holder.
Fr. 2212-J $1000 1934A Federal Reserve Note. PMG Choice Very Fine 35 EPQ.
The colors remain bright on this KC high denomination that faces up nicely.
Fr. 2212-L $1000 1934A Federal Reserve Note. PMG About Uncirculated 55.
The back centering is wonderful on this lovely piece that just misses the new designation.
Fr. 2212-L $1000 1934A Federal Reserve Note. PMG Very Fine 25.
This becomes the lowest serial number known in the Schwartz opus for this issue. The note appears bright and unblemished in the holder.
Fr. 2212-L $1000 1934A Federal Reserve Note. PMG Very Fine 25.
A nicely circulated example sure to please the collector of mid grade notes.
Fr. 2221-F $5000 1934 Light Green Seal Federal Reserve Note. PMG Choice Extremely Fine 45 Net.
The attraction of high denomination notes goes beyond just their face value. Since most high denoms were printed mostly for bank to bank transactions, the production runs were small in most every instance. Originally, only 3,600 Series 1934 $5,000 notes were printed for the Atlanta district and most were ultimately redeemed. This recent discovery raises the known survivors from this district to just two examples. The serial number displayed of F0000014A is the lowest known. PMG has commented about a tear restoration which if in the hands of the proper conservator could very well be virtually eliminated. The surfaces are still fully bright and looking strong for the grade while the light green seal and serial numbers are original and well embossed.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PCGS Superb Gem New 67PPQ.
An ideal note for type due to its lofty and well deserved grade.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PMG Gem Uncirculated 66 EPQ.
Unfortunately, the grading services do not show a breakdown on their census' for each block. In a search of auction records, this exquisite F-C block example is the finest PMG or PCGS graded example to be sold at auction. Any venture at a price is a guess, though we'll start with the premium listed in the Oakes and Schwartz tome.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PMG Choice Uncirculated 64 EPQ.
This is the really scarce block for $1 Hawaiians with just 12,000 F-C notes issued.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PMG Choice Uncirculated 64.
This note originates from the tougher F-C block which had a miniscule print run of 12,000 notes.
Fr. 2300 $1 1935A Hawaii Silver Certificates. Five Consecutive Examples. Choice Crisp Uncirculated.
This plate letter A-E quintet has paper that crackles with originality.
Fr. 2300 $1 1935A Hawaii Silver Certificates. Six Consecutive Examples. Choice Crisp Uncirculated or Better.
This is an original Hawaii mini-run with dark inks, natural paper surfaces, and nice margins. One note has a pre-printing paper crinkle noticed on the back. Plate letters for these notes are B-C-D-E-F-A.
Fr. 2301 $5 1934 Hawaii Mule Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
One of the nicer survivors for the issue, boasting even margins and bright color is available to collectors. We recently sold a PCGS 68PPQ for about $5000. This note, though technically not as nice, still shines and will most likely hammer in the area of. . .
Fr. 2301 $5 1934 Hawaii Federal Reserve Note. PCGS Very Choice New 64PPQ.
A nicely embossed, and colorful Hawaii emergency issue.
Fr. 2301 $5 1934 Mule Hawaii Federal Reserve Note. CGA Choice Uncirculated 64.
The embossing is easily visible in the holder. This note is actually the Mule variety with Back Plate 1159 noticed.
Fr. 2302 $5 1934A Hawaii Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A well margined and embossed Hawaii Five that certainly appears to have earned its grade.
Fr. 2303* $10 1934A Hawaii Federal Reserve Note. PMG Fine 12.
A very scarce star which had a printing of only 108,000 pieces, with this note coming from the largest of the three runs printed. The paper remains bright despite the circulation sustained.
Fr. 2304 $20 1934 Hawaii Federal Reserve Note. CGA Very Fine 30.
This non-mule issue carries micro back plate 302. A much more elusive note than its mule counterpart.
Fr. 2305 $20 1934A Hawaii Federal Reserve Note. CGA Gem Uncirculated 65.
Solid margins frame this colorful $20. Some of the original embossing is still evident in the holder.
Fr. 2305 $20 1934A Hawaii Federal Reserve Note. CGA Choice Uncirculated 64.
Pleasing margins are evident on this bright note that has bold embossing of the serial numbers.
Fr. 2305* $20 1934A Hawaii Federal Reserve Note. CGA Very Fine 30.
Hawaii replacements are always in short supply regardless of the denomination. A few spots can be noticed.
Fr. 2305* $20 1934A Hawaii Federal Reserve Note. CGA Very Fine 25.
A pleasing mid-grade example of this scarce star issue. The paper is ideal for the grade and wholly original.
Fr. 2305* $20 1934A Hawaii Federal Reserve Note. PMG Very Fine 25.
The surfaces are clean and problem-free. If you are looking for a pleasing mid-grade example of this replacement note you need look no further.
Fr. 2306 $1 1935A North Africa Silver Certificate. PMG Gem Uncirculated 66 EPQ.
The colors on this emergency issue are as bright as one will find.
Fr. 2306* $1 1935A North Africa Silver Certificate. PMG Choice Uncirculated 64.
North Africa star notes are always avidly sought. This bright example should generate some attention.
Fr. 2307 $5 1934A North Africa Silver Certificate. PMG Gem Uncirculated 66 EPQ.
Crackling fresh, well centered, and amazingly bright, in short, all of the things North Africa fives almost never seem to display. This note will appeal to just about every collector who wants nothing but the best.
Fr. 2307 $5 1934A North Africa Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Vibrant overprints highlight this well margined beauty.
Fr. 2307 $5 1934A North Africa Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Wonderful margins are evident on this colorful note which saw action in the Mediterranean theater of WWII.
Fr. 2308 $10 1934 North Africa Silver Certificate. PMG Very Fine 30.
The 1934 North Africa note is a classic small size rarity, with appearances at auction coming only at irregular intervals. This example exhibits solid margins, bright colors, and decent centering. Current book value for a VF note in the Schwartz guide is $5000, which is likely to be the starting point for bidders here.
Fr. 2309 $10 1934A North Africa Silver Certificate. PMG Gem Uncirculated 66 EPQ.
A spectacular issue that is centered about a millimeter too low for a full Superb grade.
Fr. 2309 $10 1934A North Africa Silver Certificate. PMG Gem Uncirculated 65 EPQ.
The colors are dazzling on this WWII survivor.
Fr. 2309 $10 1934A North Africa Silver Certificates. Two Consecutive Examples. PMG Choice Uncirculated 64 EPQ.
This well inked duo is evenly margined with plenty of embossing present.
Fr. 2309 $10 1934A North Africa Silver Certificates. Five Consecutive Examples. Choice About Uncirculated.
Small runs of WWII issues no longer appear with regularity. These well embossed notes either exhibit some minor stains or a light fold.
Fr. 2309* $10 1934A North Africa Silver Certificate. PCGS Gem New 65PPQ.
This extraordinary North Africa Star note is vividly colored, displays utterly original paper quality, and has the embossing of a note printed yesterday. If this were a regular 1934A North Africa, it would simply be unusually nice. As a star, it is a major rarity, and one of only a handful of pieces we know of with all of the attributes for true Gem status.
Fr. 2309* $10 1934A North Africa Silver Certificate. PMG About Uncirculated 55.
This note appears fresh and bright and is blessed with four even margins.
Fr. 2309* $10 1934A North Africa Silver Certificate. PMG Extremely Fine 40.
This is a bright replacement note that is sure to please.
Fr. 2309* $10 1934A North Africa Silver Certificate. Very Fine-Extremely Fine.
Plenty of crispness remains on this vibrant replacement note.
Fr. 2400 $10 1928 Gold Certificate. PMG Gem Uncirculated 66 EPQ.
A flawless example, with boardwalk margins, bold, vivid colors, and magnetic eye appeal.
Fr. 2400 $10 1928 Gold Certificate. PCGS Gem New 65.
Vivid color and even margins grace this well centered Gem Gold Note.
Fr. 2400 $10 1928 Gold Certificate. PMG Choice Uncirculated 64 EPQ.
Bright and original, and just a hair from the full Gem 65 grade.
From The Collection of Albert Rollins
Fr. 2400 $10 1928 Gold Certificate. PCGS Very Choice New 64.
The margins are even and colors bright on this pleasing type note.
Fr. 2400* $10 1928 Gold Certificate. PMG Extremely Fine 40.
The colors are bright and the paper looks good on this Gold star note.
Fr. 2400* $10 1928 Gold Certificate. PCGS Fine 15PPQ.
Definitely a well inked example of this replacement issue as the overprints on circulated notes tended to fade.
Fr. 2402 $20 1928 Gold Certificate. PMG Choice About Unc 58 EPQ.
This is a bright note that just misses being New because of a soft center fold.
Fr. 2402* $20 1928 Gold Certificate. PMG Uncirculated 62.
It has been a couple of years since we have had the opportunity to present a new replacement note from this issue. The current Schwartz value in Choice CU stands at $8000. With a broader right margin that figure have been tested, but for this note a realization in the estimate area seems more appropriate.
Fr. 2402* $20 1928 Gold Certificate. PMG Very Fine 25.
This is an elusive replacement issue.
Fr. 2404 $50 1928 Gold Certificate. PCGS Gem New 65PPQ.
An always popular small size note in a high grade carrying the coveted PPQ designation. The color is bold, the margins quite even and the centering sufficient for the grade. The last third party graded Gem sold by us at auction realized $6900 on an estimate of $5000 - $7000. Expect more of the same from this high grade gold seal.
Fr. 2404 $50 1928 Gold Certificate. PMG Choice About Unc 58 EPQ.
The centering is satisfactory on this note which exhibits deep color.
Fr. 2404 $50 1928 Gold Certificate. PMG Choice Very Fine 35 EPQ.
The paper is quite crisp with a richly colored overprint.
Fr. 2404 $50 1928 Gold Certificate. PMG Choice Very Fine 35.
Great color still remains on this evenly circulated Grant Gold Note.
Fr. 2404 $50 1928 Gold Certificate. PMG Very Fine 30 EPQ.
The colors remain bright and paper originality is evident on this colorful Gold Certificate.
Fr. 2404 $50 1928 Gold Certificate. PMG Very Fine 25.
The colors are still vivid on this always in demand $50 Gold Note.
Fr. 2404 $50 1928 Gold Certificate. Fine-Very Fine.
Always a popular Friedberg number in any grade.
Fr. 2405 $100 1928 Gold Certificate. PMG Uncirculated 62.
This incredibly attractive $100 gold is the first of five examples that are from a near consecutive run and are wholly original. PMG notes "As Made Vertical Abrasions On Back". Close examination reveals that these "As Made Abrasions" are actually roller marks received during the production process. Though this may be the reason none of the notes received an EPQ designation, PMG does acknowledge each note boasts "Good Embossing & Color". With the likes of the Tom Flynn $100 Gold Certificate selling north of $100,000 in PMG 66 EPQ, any uncirculated example of this issue looks like a bargain at any four figure price.
Fr. 2405 $100 1928 Gold Certificate. PMG Uncirculated 62.
Another example from the same run of $100 Golds. This piece was also affected by the as made vertical marks as noted by PMG, though it is not hard to see the "Good Embossing & Color" which is also on the PMG holder. With choice sized margins, this is an especially attractive note for the grade.
Fr. 2405 $100 1928 Gold Certificate. PMG Uncirculated 61.
"Good Embossing & Color" are noted on this attractive example from the run mentioned above. The holder does mention the marks described above, but this piece is stands out in the group, even against the 62s listed above. Its near perfect margins and rich colorful overprint boast Gem eye appeal.
Fr. 2405 $100 1928 Gold Certificate. PMG About Uncirculated 55.
Yet another example from this attractive run of high grade $100s. It also was subject to the machine made marks as noted by PMG, but retains its "Good Embossing & Color".
Fr. 2405 $100 1928 Gold Certificate. PMG About Uncirculated 55.
Another very pleasing example from this small run of notes. The holder also comments on the as made lines, though the piece still boasts "Good Embossing and Color".
Fr. 2405 $100 1928 Gold Certificate. PMG About Uncirculated 55.
Last offered in our 2007 Central States sale, this note returns to us in a PMG holder where they concur with our assessment of About Uncirculated. Our description still holds true today, "A light center fold is noted on this otherwise Gem looking Gold Certificate. The overprint is bright as is the paper."
Fr. 2405 $100 1928 Gold Certificate. PCGS Very Fine 25.
An evenly circulated piece in a grade which is quite difficult to find.
Fr. 2407 $500 1928 Gold Certificate. PMG About Uncirculated 53.
An attractive example of this much sought after denomination, with excellent color and the appearance of an uncirculated note at first glance. It is a piece which would fit quite nicely into any high end set.
An Assortment of High Quality Small Size Federal Reserve Notes. PMG Gem Uncirculated 65 or Better.
This gem quartette of FRNs have all graded by PMG. They include a series 1969B Fr. 1971-G $5 in 65 EPQ, a 1950E Fr. 2015-L $10 graded at Gem Uncirculated 65, a 1934B Fr, 2056-F $20 on the Atlanta district at 65 EPQ, and a 1934B Fr. 2056-H $20 on the St. Louis Fed at 66 EPQ. This is certainly a top caliber group.
An Uncut Sheet of 16 Giori Test Notes.
This uniface sheet has eight face/back pairs and it is one of the nicer sheets we have seen, with no ink smearing and a sharp overall appearance. There are several folds, but none severely affects any individual note. Fewer and fewer of these sheets remain as they have been cut up over the years to obtain individual pairs. These test notes were printed on a Magna press in Geneva, New York in 1976 and they should have been destroyed at the time, but they were spirited away into the collector community. The cancellation bars across the portraits were meant to render these useless if someone had intentions of using them in a counterfeiting enterprise. Extremely Fine.
Label Sets Galore, Oh My.
This lot starts off with 73 bar code label sets for $1 FRNs from the 1988, 1999, 2001, 2003, and 2003A Series. These are followed by two $2 FRN 1995 F-B label sets and eight $2 FRN 2003 I-A label sets The late 1980s saw the BEP labels for paper money redesigned with bar codes added. Also, a "brick" of 4000 notes now consisted of four groupings of 1000 notes and each grouping was individually shrink-wrapped with a label attached that listed the first note in the grouping. So, presently a label set consists of the label and the first and last note for that particular grouping of 1000 notes. This first and/or last note can sometimes be a star note and at least a couple of those situations arise in this lot. It is common to see edge handling on the notes that make up label sets even though the notes have never entered circulation. This lot concludes with examples of labels only from the 1960s and 1970s. These labels are mounted on kraft paper or kraft paper mounted on a wood block. These include six $1 FRN labels, a $10 FRN label; a $50 FRN label, and two $100 FRN labels. The $100 labels are from the same "brick" due to the fact they are from a period where "bricks" had two labels. Labels of the higher denominations are seldom seen with or without notes. The total count in this lot is for the notes only and the early labels described individually. About Uncirculated or better. Inspection is advised and there will be no returns on this lot for any reason.
$10 Label Sets. Choice Crisp Uncirculated or Better.
This lot includes the following $10 label sets - 1995 (5); 1999 (4); 2001 (9); and 2004A (11). There is $580 face in this lot.
$20 Label Sets. Choice Crisp Uncirculated or Better.
The following series are represented in this lot - 1996 (11) and 2004 (10). There is $840 face in this lot.
$50 Label Sets. Choice Crisp Uncirculated or Better.
This lot has the following Chicago $50 label sets - 1996 (4); 2001 (3) and 2004 (9). $1600 face is in this lot.
Pleasing Gem FRBN Pair.
Fr. 1850-D $5 1929 Federal Reserve Bank Note. PMG Gem Uncirculated 65 EPQ.
Fr. 1870-C $20 1929 Federal Reserve Bank Note. PMG Gem Uncirculated 65 EPQ.

These notes are both fresh and original.
Fr. 1907-C $1 1969D Federal Reserve Note. PCGS Gem New 65PPQ.
Fr. 1908-L $1 1974 Federal Reserve Note. PCGS Superb Gem New 67PPQ.
Fr. 2076-G $20 1988A Federal Reserve Note. PCGS Superb Gem New 67PPQ.

These notes each carry partial ladder serial number 00000123.
Fr. 1928-E* $1 2003 Federal Reserve Note. PCGS Gem New 65PPQ.
Fr. 1931-K* $1 2003 Federal Reserve Note. PCGS Gem New 65PPQ.
Fr. 1974-C* $5 1977 Federal Reserve Note. PCGS Very Choice New 64PPQ.

All of these wonderful replacement notes carry matching serial number 00000021*. A difficult group to assemble in this day and age.
Fr. 1931-K* $1 2003 Federal Reserve Note. PCGS Very Choice New 64PPQ.
Fr. 2086-L $20 1999 Federal Reserve Note. PCGS Gem New 65PPQ.

This pair, which consists of a replacement note and a regular issue note, each carrying two digit serial number 00000019.
$100 Label Sets. Choice Crisp Uncirculated or Better.
This lot contains $100 label sets for the following series - 1996 (6); 1999; 2001 (3); 2003 (4); and 2003A (4). $100 label sets are seldom saved. There is $3600 face in this grouping.
$10, $20, $50 Federal Reserve Note Label Sets.
$10 Federal Reserve Note Label Sets 1990, 1993. Ten Examples. AU or Better
$20 Federal Reserve Note Label Sets 1990. Six Examples. AU or Better
$50 Federal Reserve Note Label Sets 1990, 1993. Six Examples. AU or Better.
There is over $1000 face of label sets in this lot that spans three denominations.
Fr. 2039-F* $10 2004A Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
and a Fr. 2127-E* $50 2001 Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.

This broadly margined pair boast matching star serial numbers 998*.
Error Notes
Fr. 16 $1 1862 Legal Tender Mismatched Serial Numbers PMG Choice Fine 15. This is a very scarce mismatched serial number error that has recently been discovered and raises the quantity known of error notes for this Friedberg number to three. Of interest is the fact that the left side serial number 83822 is lower than the right side serial number 83826. The two currently listed in Fred Bart's census exhibit the serial number mismatch the opposite way with the left serial number higher and right serial number lower. This may well be the first public offering since an example appeared in the Grinnell sale over sixty years ago.
Fr. 41a $2 1862 Legal Tender PMG Choice Uncirculated 63. This note features bright paper and boldly printed details, including a boldly printed serial numbers. The seal however, is grossly underinked, to the point that it is virtually invisible. A close inspection of the paper in that area reveals no signs of alteration, even under magnification.
Fr. 73 $5 1880 Legal Tender New. A wonderful misaligned print on an early issue as a portion of the note above is visible while the face is normal. A small bit of adhesive is seen along the bottom on the back with some minor skins.
Fr. 87 $5 1907 Legal Tender Very Fine-Extremely Fine. This note is missing the treasury Seal due to an obstruction at the time of printing. A small skin is noticed on the back near the bottom margin at center.
Fr. 737 $1 1918 Federal Reserve Bank Note Very Fine. The back printing is skewed down and to the right on this note that exhibits a sliver of the note above.
Fr. 743 $1 1918 Federal Reserve Bank Note Very Good. This ex-Grinnell error was Lot 4843 in that famed auction. Its whereabouts have been unknown for quite some time. A small stain does little to distract as the inverted third print hides Washington's face well.
Fr. 37 $1 1917 Legal Tender Very Fine.
Fr. 237 $1 1923 Silver Certificate Very Fine.

This pair of Large Size notes exhibit some gutter folds.
Fr. 57 $2 1917 Legal Tender PMG Very Fine 25. This is a tough example of this ever popular error with a touch over ten examples reported.
Fr. 88 $5 1907 Inverted Reverse Legal Tender Very Fine+. This attractive invert is listed in the Sullivan census and is one of perhaps only two known for this Friedberg number with the other being in the auction of the Grinnell Collection in the 1940s and it has not been heard from since. In fact the Sullivan Census of these error exotics list only seven Woodchopper Inverts in total. The inks remain dark and the paper is bright on this tough error that deserves serious consideration.
Fr. 228 $1 1899 Silver Certificate Good-Very Good. Some splits and some skins on the face are noticed on this well circulated inverted back Black Eagle error.
Fr. 233 $1 1899 Silver Certificate PMG Extremely Fine 40. This is one of the highest graded examples we have offered for this elusive error. The note is well printed and quite clean.
Fr. 235 $1 1899 Mule Silver Certificate PMG Choice Very Fine 35. All searches through various census data have come up empty with regards to any other examples of a Mule inverted back for this Friedberg number. This example carries Burke Back Plate # 6077. A glance through the Sullivan census lists no inverted back notes from the E-A block. A tough note to place an estimate on as there are no others yet reported. Expect a realization in the area of. . .
Fr. 251 $2 1899 Silver Certificate. PCGS Fine 12. A tougher series for inverts. This example is similar to the piece we sold in our FUN 2008 sale for $1380, and should realize just about the same figure.
Fr. 848 $5 1914 Federal Reserve Note PMG Gem Uncirculated 66 EPQ. Last appearing in our 2007 FUN auction where the description read, "From our September 2004 Long Beach sale where it was described as, "This fabulous piece is one of the finest inverts known in any series. Its pedigree can be traced back to the famed Grinnell sale of June, 1946, and from there to New Netherland, Christie's and Art Leister. Not only is it a beautiful well centered gem, it's by far the finer of the two invert examples known for this Friedberg number." PMG seemed to agree with our findings." In the Grinnell sale it was Lot 4826.
Fr. 908 $10 1914 Federal Reserve Note PMG Choice Uncirculated 64. Ideal centering is noted on this brightly colored invert. The margins are even enough to give the note an overall Gem appearance. The note is actually a Fr. 908 not a Fr. 912 as listed on the holder. PMG will be happy to correct this.
Fr. 1187 $20 1922 Gold Certificate PMG Extremely Fine 40. A pleasing mid-grade example of a scarce invert which is tough to locate in grades higher than VF. PMG has mentioned margin tears which are more like splits.
Fr. 1187 $20 1922 Gold Certificate Very Fine. A pleasing invert from a denomination not often encountered. Today we are pleased to offer a pair of them. This note has a margin chip and also some discoloration on the back which has turned a portion of it yellow. Very Fine.
New York, NY - $20 1929 Ty. 1 The First NB Ch. # 29
The bank title is shifted dramatically upwards on this National. Very Fine+.
Omaha, NE - $10 1902 Date Back Fr. 616 The First NB Ch. # (W)209
Previously Lot 4311 in the celebrated Grinnell sale over sixty years ago. This Date Back exhibits a printed fold and when opened the autograph of John Burke appears above the signature of the bank president. Very Fine.
Lewisburg, PA - $10 1902 Date Back Fr. 616 The Union NB Ch. # 784
A captivating piece which was also a part of the famed Grinnell auction as Lot 4416. The blue National overprint is skewed with the left serial number missing completely. Very Fine+.
Pottstown, PA - $10 1902 Plain Back Fr. 625 The National Iron Bank Ch. # (E)3494
This note displays a neat attached tab at upper left. Very Good-Fine.
Leon, IA - $20 1902 Plain Back Fr. 659 The Exchange NB Ch. # (M)5489
The last time a note appeared at auction from this bank was way back in 1996. This is a most interesting example to wait for in the interim as this $20 has a heavy blue ink transference on the back of the note of the Treasury Seal, the charter number, and the M geographic sort letter. Six of these ink transference errors are documented in the fourth edition of National Bank Notes by Don C. Kelly, but this is the only large National of the six. This is also the illustrated note in Kelly for this error. Kelly calls this type of error an "offset." No matter what the name, this is a truly neat error. Fine.
Bay Shore, NY - $10 1902 Date Back Fr. 619 The First NB Ch. # (E)10029/(E)10026
Clearly, one of the neatest errors on National Currency. This fascinating mismatched charter number lot appeared over sixty years ago as Lot 4412 in the famed Grinnell currency auction and has been off the market since that one appearance some sixty years ago. The note grades Very Fine-Extremely Fine with the bank officer's signatures still visible.
Ashland, VA - $5 1929 Ty. 2 The First NB Ch. # 11978
This note was inadvertently overprinted with the brown overprint indicative of a Type II National using the wrong charter number. There are just three issues of 1929 notes affected by this intriguing error, this locale, a Tigerton, WI note and another recent discovery. A true rarity graded PMG Very Fine 20 that will appeal to National collectors or those who pursue great errors. Expect a realization in the area of. . .
Pittsburgh, PA - $5 1902 Plain Back Fr. 609 The Highland NB Ch. # 12414
A very tough Pittsburgh bank in large size, with barely a dozen notes listed in the latest census. This example is a new addition to that small group. The stamped signatures are strong and the president's has been stamped twice creating a neat error. There is a split in the right margin as well as a couple of small paper pulls. Very Good-Fine.
Fr. 1505 $2 1928D Legal Tender Note. PMG Gem Uncirculated 66 EPQ. This note comes from the largest collection of inverts ever assembled, which we sold in our January, 2000 auction. It was the only one of the nine $2 Legal inverts in that sale graded as uncirculated, and was described as "One of the highlights of this collection's small size inverts and a splendid addition to any error collection. Estimated there at $1200-1800, it realized $1870. Now graded by PMG as Gem Uncirculated 66 EPQ, it still ranks as the finest $2 Legal invert we have ever handled in any of our sales, or, for that matter, have ever seen.
From The Collection of Albert Rollins
Fr. 1601 $1 1928A Silver Certificate. PCGS Choice About New 55PPQ.
A small amount of circulation does not detract from the overall eye appeal of this colorful invert.
Fr. 1926-C $1 2001 Federal Reserve Note. PMG About Uncirculated 55 EPQ.
This Type II invert exhibits a center fold.
Fr. 1928-B $1 2003 Federal Reserve Note. PCGS New 62PPQ.
The face margins are a touch off, but the back is inverted, and shows large portions of two notes.
Fr. 2175-B $100 1996 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This is a difficult denomination to acquire a Type II invert error of this magnitude.
Fr. ?-D $10 Federal Reserve Note. PCGS Superb Gem New 68PPQ. The back centering is impeccable and this note has been awarded an ultra high grade because of it. The attractiveness and appeal of this error type can not be understated.
Fr. ? $1 Federal Reserve Note. PCGS Very Choice New 64PPQ. This is a neat example of a missing second print error.
Fr. ?-F $5 ? Federal Reserve Note. PCGS Extremely Fine 45PPQ.
This lightly folded $5 FRN is missing its face printing.
Fr. ?-D $10 19xx Federal Reserve Note. PMG Gem Uncirculated 65 EPQ. This $10 FRN completely missed the second printing process.
Fr. 2083-E $20 1996 Federal Reserve Note. PMG Extremely Fine 40 EPQ.
The first print is missing on this softly folded note.
Fr. 2175-B $100 1996 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This 1996 $100 is missing its entire first face printing although the embossing clearly shows from the pressure of the plate. It's a dramatic $100 error with both the security strip and the Franklin watermark. It has been a few years since we have offered an example this nice.
Fr. 2175-B $100 1996 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
The face printing is missing on this third New York example we are offering.
Fr. 2175-B $100 1996 Federal Reserve Note. PMG Extremely Fine 40 EPQ.
The second printing is totally missing on this lightly handled example.
Fr. 2072-G $20 1977 Federal Reserve Note. PMG Gem Uncirculated 65.
This is an interesting error that suffers from insufficient inking on the face.
Fr. 1620* $1 1957A Silver Certificate. PMG Choice About Unc 58 EPQ.
The entire back printing is missing from this Star that also has a light printing of the star on the upper serial number. Errors on Stars always draw attention due to their extreme rarity. This note will be no exception.
Fr. 1918-B $1 1993 Federal Reserve Notes. Eleven Consecutive Examples. One Blank Back Error. Choice Crisp Uncirculated.
In the middle of this run is a blank back example as well as an underinked back note.
Fr. 2072-J $20 1977 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
A bright example of a note that missed the entire first printing process.
Fr. 2081-E $20 1995 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The back printing never occurred on this $20 FRN.
Fr. 2175-A* $100 1996 Federal Reserve Note. PMG About Uncirculated 53 EPQ.
This example is nicer than a similar error note we recently sold in our Central States auction that hammered for about $3700. A wonderful blank back error on a replacement note.
Fr. 2028-B $10 1988A Federal Reserve Notes. Three Consecutive Examples. Very Choice Crisp Uncirculated.
The middle note in this trio is a blank back error.
Fr. 1908-C $1 1974 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is a gorgeous Type I invert that is well margined and deeply inked. Last auctioned with CAA in May 1998.
From The Collection of Albert Rollins
Fr. 1914-E $1 1988 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This Type II inverted overprint has been awarded the "Exceptional Paper Quality" designation for good reason.
Fr. 1922-A $1 1995 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This is a pleasing Type II invert that looks to be a double error due to the overly large top margin because it was at the top of the sheet.
Fr. 1922-F $1 1995 Federal Reserve Note. PMG Choice Uncirculated 64.
The label on the holder inadvertently calls this note a Fr. 1923-F which is incorrect as a Web Note invert would be worth multiples of this note. PMG will gladly correct this.
From The Collection of Albert Rollins
Fr. 1935-E $2 1976 Federal Reserve Note. About Uncirculated.
A fold is noticed on this invert from the Richmond district.
Fr. 1985-G $5 1995 Federal Reserve Notes. 20 Examples With One Type II Invert. Very Choice Crisp Uncirculated.
An inverted third print error is noticed midway through this run of $5 green seals.
Fr. 2011-D $10 1950A Federal Reserve Note. PMG Choice Extremely Fine 45 EPQ.
These earlier inverted third printings do not appear with regularity anymore.
Fr. 2027-A $10 1985 Federal Reserve Note. Choice About Uncirculated.
A bit too much handling lowers the grade on this deeply inked Type II inverted third print note.
Fr. 2075-L $20 1985 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A pleasing Gem example of a popular inverted third printing error type.
Fr. 2126-L $50 1996 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This is a wonderful Type II overprint which has been awarded the "Exceptional Paper Quality" designation.
Fr. 2172-B $100 1988 Federal Reserve Note. Choice About Uncirculated.
Perfect embossing is noted on this Type II invert. A corner tip bend precludes a Gem grade.
Fr. 2175-L $100 1996 Federal Reserve Note. PMG Choice Uncirculated 64.
This is a pleasing Type II invert from a series which hasn't made an auction appearance with us in several years.
Fr. ? $1 193? Silver Certificate. PMG Choice About Uncirculated 58 EPQ. A great early Silver Certificate error, with this piece missing the entire third printing. The serial number was handwritten by the BEP in the spot where the printed serial number should have been, a fact which is noted on the PMG holder.
From The Collection of Albert Rollins
Fr. 1913-I $1 1985 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Boardwalk margins are noticed on this note that completely missed the third print though the embossing alerts us to the district.
Fr. 1921-? $1 1995 Federal Reserve Note. Gem Crisp Uncirculated.
The margins are quite large on this Ace that missed its third printing.
Fr. 2023-J $10 1977 Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
The third print has completely been missed on this note which may be one of the nicest examples of this error type known.
Fr. 2029-? $10 1990 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
It is difficult to detect why the note has been called 58. The margins are quite large and the eye appeal excellent on this EPQ note.
From The Collection of Albert Rollins
Fr. 2077-B $20 1990 Federal Reserve Note. PCGS Superb Gem New 67PPQ.
A wonderful example of a missing third print error that exhibits wide margins.
Fr. 2126-? $50 1996 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ. A scarce high denomination error which is missing the entire third printing.
From The Collection of Albert Rollins
Fr. 1912-K $1 1981A Federal Reserve Note. PMG Gem Uncirculated 66 EPQ & 65 EPQ.
This well margined, consecutive pair is missing the black portion of the overprint.
Fr. 2126-? $50 1996 Federal Reserve Note. PMG About Unc 55 EPQ.
A ghost serial number is all that is noticed for either of the overprints on the face.
Fr. 2175-B $100 1996 Federal Reserve Note. PCGS Gem New 66PPQ.
A neat insufficient inking error affects the serial number at lower right.
Fr. 1911-C $1 1981 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is a well margined example of a popular serial number on back error.
Fr. 1914-F $1 1988 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This pleasing serial number on back error is nicely margined and is always an eye catching error.
From The Collection of Albert Rollins
Fr. 1979-I $5 1988 Federal Reserve Note. PCGS Gem New 66PPQ.
The margins are just huge and the centering almost perfect on this eye popping serial number on back error.
Fr. 2027-L $10 1985 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is a bright example of the popular serial numbers on back error in a lofty grade which would complement the $5 note sold previously in this auction.
Fr. 2123-G $50 1988 Federal Reserve Note. PCGS Choice About New 55PPQ.
A center fold is noticed on this pleasing $50 serial numbers on back note.
Fr. 2124-B $50 1990 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This serial number on back example from the New York district remains quite bright.
Fr. 2124-G $50 1990 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is a tougher denomination on which to find this error. The surfaces are pleasingly original and the margins right on for the grade.
Fr. 2166-B $100 1969C Federal Reserve Note. PMG Choice Uncirculated 64 EPQ. A most attractive third printing on reverse error, a scarce error indeed on this denomination.
From The Collection of Albert Rollins
Fr. 2173-K $100 1990 Federal Reserve Note. PMG Choice Very Fine 35.
The overprint is on the back of this earlier Dallas $100 FRN.
Fr. 2174-B $100 1993 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
The third printing is on the back of this lightly handled note.
Fr. 1619 $1 1957 Silver Certificate. PCGS Gem New 66PPQ.
This nicely margined note carries the popular G55/G54 serial number mismatch.
Fr. 1621 $1 1957B Silver Certificate. PMG Superb Gem Unc 67 EPQ.
This is a wonderful representative for type of the ever popular U37/U47 mismatch.
From The Collection of Albert Rollins
Fr. 1621 $1 1957B Silver Certificate. PMG Gem Uncirculated 66 EPQ & Choice Uncirculated 64 EPQ.
A consecutive pair of the popular U37/U47 mismatches.
Fr. 1621 $1 1957B Silver Certificate. PMG Gem Uncirculated 66 EPQ.
The margins are huge and the centering almost perfect on this popular U37/U47 mismatch.
Fr. 1621 $1 1957B Silver Certificate. PMG Gem Uncirculated 65 EPQ.
The margins and color are pleasing on this example of the wildly popular U37/U47 mismatch.
Fr. 1621 $1 1957B Silver Certificate. Gem Crisp Uncirculated.
This nicely margined note carries the popular U37/U47 serial number mismatch.
Fr. 1912-F $1 1981A Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is only the second time we have offered this F98/F99 mismatch in one of our auctions in the past seven years. What a gem beauty it is, as the margins are large and the centering great.
Fr. 1916-G* $1 1988A Federal Reserve Note. PMG About Uncirculated 55 EPQ.
A wonderful lightly handled example of this very rare double digit star mismatch, with this example bearing serial numbers G11409907* and G00409907*. We have sold gem new examples for well over $3000.
Fr. 1935-B $2 1976 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This is a nifty $2 mismatch that no longer appears with regularity. In fact a few Signature auctions have passed since our last that we offered.
Fr. 1973-J $5 1974 Federal Reserve Note. PCGS Very Fine 35PPQ.
Always a popular error for type. This Kansas City mismatch remains colorful.
Fr. 1911-A $1 1981 Federal Reserve Notes. Uncut Sheet of Four. PMG Gem Uncirculated 65 EPQ.
This is an example of the well-known A-H/B-H mismatched prefix letter error in four-subject sheet form with the error occurring on the third note. This error has become very difficult to find as the small supply has been gobbled up by serious collectors. This error sheet is also courtesy autographed by Secretary of the Treasury Donald Regan on the first note.
Fr. 1935-B $2 1976 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is one of the nicer examples of the elusive H/A-B/A mismatched prefixes we have offered in some time.
Fr. 1935-B $2 1976 Federal Reserve Note. PCGS Gem New 66PPQ.
This is a well printed example of the fabled $2 H-A/B-A prefix letter mismatch.
Fr. 1935-B $2 1976 Federal Reserve Note. PCGS Very Choice New 64PPQ.
The margin at left is a bit tight on this H-A/B-A prefix mismatch.
Fr. 1614 $1 1935E Silver Certificate. PMG About Uncirculated 55 EPQ.
The third print is shifted right and is inside the portrait area. On blue seals this error has wonderful eye appeal.
Fr. 1916-L $1 1988A Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
The black portion of the overprint is dramatically misaligned.
Fr. 1929-G $1 2003 Federal Reserve Note. About Uncirculated.
This is a major third print shift with almost the entire district seal within the portrait area.
Fr. 1935-C $2 1976 Federal Reserve Note. PMG About Uncirculated 55.
This is a moderate misalignment error on a tougher denomination for errors.
From The Collection of Albert Rollins
Fr. 1962-C $5 1950A Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
The first face printing on this early FRN is sharply skewed, showing a portion of the adjacent note.
From The Collection of Albert Rollins
Fr. 2021-C $10 1969C Federal Reserve Note. PCGS Choice About New 55PPQ.
The third print is moderately shifted into the portrait area.
Fr. 2172-B $100 1988 Federal Reserve Note. PCGS Gem New 66PPQ.
The black portion of the overprint is shifted downward, hiding the Treasurer's signature on this high denomination.
Fr. 2174-B $100 1993 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The face of this $100 note is quite misaligned.
Fr. 1922-H $1 1995 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
A misalignment of the back is noticed on this St. Louis Ace, with portions of two notes showing.
Fr. 1655 $5 1953 Silver Certificate. PMG Choice About Unc 58 EPQ.
This neat butterfly cut and fold error occurred on an eye appealing blue seal issue.
Fr. 1655 $5 1953 Silver Certificate. PMG Gem Uncirculated 66 EPQ.
A neat butterfly fold has been retained by this blue seal. Errors on these earlier issues seldom come this nice.
From The Collection of Albert Rollins
Fr. 1900-F $1 1963 Federal Reserve Note. PMG Choice Uncirculated 64.
A large foldover is seen on this Atlanta first issue FRN.
Fr. 1907-G $1 1969D Federal Reserve Note. PMG Choice Uncirculated 64.
This is a pleasing foldover showing a portion of two notes on the back. A few inconsequential margin splits along the bottom affect nothing.
Fr. 1914-A $1 1988 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
Serial number from two notes are noticed on the back of this lightly handled error.
Fr. 1915-E $1 1988A Federal Reserve Note. PMG Choice Extremely Fine 45.
This is a neat foldover which opened up after the third print was applied and the large remnant which most likely had printings of a couple more notes was trimmed off.
Fr. 1922-J $1 1995 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This Kansas City foldover is quite captivating.
Fr. 1925-K $1 1999 Federal Reserve Note. Choice About Uncirculated.
This cool foldover error displays a portion of two notes on the back. A fold through the center of the margin on the error reduces the grade.
Fr. 1962-G $5 1950A Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A wonderful foldover on an earlier FRN issue that displays an interesting cut along the bottom of the foldover.
Fr. 1974-G $5 1977 Federal Reserve Note. PCGS Extremely Fine 45PPQ.
The printed fold opened prior to the cutting process and created a double error of sorts.
Fr. 1978-F $5 1985 Federal Reserve Note. PMG About Uncirculated 55 EPQ.
This lightly handled foldover error offers great eye appeal.
Fr. 2027-K $10 1985 Federal Reserve Note. Very Choice Crisp Uncirculated.
The neat foldover on this Dallas $10 FRN opened prior to the cutting process.
Fr. 2174-B $100 1993 Federal Reserve Note. PMG About Uncirculated 55.
This high denomination foldover has plenty of eye appeal.
Fr. 1606* $1 1934 Silver Certificate. PMG About Uncirculated 55.
This amazing replacement note suffers from a gutter fold through the blue 'one' counter at left.
Fr. 1913-H $1 1985 Federal Reserve Notes. Eight Notes. Gem Crisp Uncirculated.
These are not your ordinary offsets. The highest serial numbered note (remember highest serial numbered notes are printed first so that the sheets build a stack from the bottom up) has a hole on the right half which has caused a small ink transference on the back plus a jagged back to face offset on this and the next six notes. The offset becomes fainter with each note.
Fr. 1931-L $1 2003A Federal Reserve Notes. Four Consecutive Examples. About Uncirculated.
This group of four modern $1 FRNs includes one note that is printed normally and then a progressively darker face to back offset fully covers the back of the other three notes. Just a light center fold is noticed on each note of this group which would make a great display item.
Fr. 2022-I* $10 1974 Federal Reserve Note. PMG About Uncirculated 55 EPQ.
This partial back to face offset is printed on a scarce Minneapolis star note.
Fr. 2024-A $10 1977A Federal Reserve Notes. Three Consecutive Examples. Gem Crisp Uncirculated.
This trio of $10 FRNs all have about a 90% face-to-back offset. The three notes vary from light to dark in print quality of the offsets and the effect is quite impressive.
Fr. 2073-F* $20 1981 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is medium intensity imprint of a back to face offset on a replacement note.
Fr. 2080-A* $20 1993 Federal Reserve Note. Choice About Uncirculated.
A neat front to back offset affects this once folded star note.
Fr. 2083-C $20 1996 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
The first note in this interesting group of consecutive notes. A sliver of the note at right has not been covered.
Fr. 2083-C $20 1996 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
The best of this trio of overinked backs. The back printing is totally obliterated. A neat error for this denomination.
Fr. 2083-C $20 1996 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
The back printing is nearly obliterated on this Big Head $20 on this massive overinking error. The watermark is visible to the naked eye within the ink. Of interest is the darker streak at left.
Fr. 1935-H $2 1976 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This error $2 FRN displays several extra district designators and half seals.
From The Collection of Albert Rollins
Fr. 1984-E $5 1995 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The last two digits of the serial number are barely visible top and bottom on this well margined note.
From The Collection of Albert Rollins
Fr. 2077-F $20 1990 Federal Reserve Notes. Three Consecutive Examples. Gem Crisp Uncirculated.
This nicely cared for trio shows an ink jet failure at center.
Fr. 1528 $5 1928C Legal Tender Note. PMG Superb Gem Uncirculated 67 EPQ. This third printing obstruction error is perfectly centered on both face and back, as well as being awarded the EPQ and "Great Embossing" accolade on the PMG 67 holder.
From The Collection of Albert Rollins
Fr. 1614 $1 1935E Silver Certificate. Extremely Fine-About Uncirculated.
An obstruction affects the first print of this lightly circulated example.
Fr. 1654* $5 1934D Silver Certificate. PCGS Choice About New 58.
This is an appealing obstruction error on a blue seal replacement.
Fr. 1915-A $1 1988A Federal Reserve Note. PCGS Very Choice New 64PPQ.
This is a neat double error as a foldover occurred during the first print, then it opened up leaving the large obstruction after the cutting process.
Fr. 2173-L $100 1990 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
A wonderful high denomination obstructed print with the only telltale sign of the district being a sliver of the prefix of the serial number at right.
Fr. 2081-B $20 1993 Federal Reserve Note. Gem Crisp Uncirculated. A striking example of the magnetic ink from the first face printing failing to adhere to the paper and flaking off during printing, a problem that plagued the Bureau's early efforts to use this printing process. This fully embossed Gem is about as nice as these errors ever come, and is a virtual twin to the example we sold for $920 in our April, 2006 Central States sale.
Fr. 1614 $1 1935E Silver Certificate. PMG Choice About Unc 58 EPQ.
This interesting error carries a neat obstruction but also exhibits a misalignment as a sliver of an adjacent note is visible on the back at right.
Fr. 1913-L $1 1985 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This dramatic misalignment affects both the face and back and a generous portion of the note above is visible.
Fr. 1914-J $1 1988 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
A huge gutter fold has contributed to the miscut and misalignment on this intriguing error that also exhibits a neat wet ink transfer on the back.
Fr. 1931-F $1 2003A Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A neat misalignment with portions of another note visible front and back has caused the third print to appear shifted a bit.
Fr. 2028-A $10 1988A Federal Reserve Note. PCGS Choice About New 58PPQ.
A partial double impression is seen on the back of this note that exhibits a soft fold.
Fr. 2028-B $10 1988A Federal Reserve Note. Choice About Uncirculated.
This interesting error will leave you scratching your head. An obstruction to the second print and a partial offset of the upper left portion of the face is noticed down at lower left.
Fr. 2080-L $20 1993 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
A cutting error has left a portion of the note below visible.
Fr. 2171-B $100 1985 Federal Reserve Note. PMG About Uncirculated 55.
Two distinct Back Plate 17 numbers are noticed on this doubled high denomination.
Fr. 1914-G $1 1988 Federal Reserve Note. Fine-Very Fine.
Face plate number A110 and A112 are visible on this eye appealing error that displays a bit of ink at right.
Fr. 2024-A $10 1977A Federal Reserve Note. PMG Choice About Unc 58 EPQ.
This is an eye catching error which displays two face printings. Face plates B514 and B543 are both observed. It is a wonderful note that will be a welcome addition to an advanced collection of errors.
Fr. 1935-D $2 1976 Federal Reserve Note. PCGS Gem New 66PPQ. A beautiful example of one of the most spectacular errors of the past fifty years, the double printed Cleveland district Bicentennial duece. These notes feature an entirely double printed third printing, with two distinct serial numbers. This PCGS graded piece is as nice as any we have ever handled, and we would not be at all surprised if it sets a record for one of these much sought after errors.
From The Collection of Albert Rollins
Fr. 1617* $1 1935G With Motto Silver Certificate. PMG Gem Unc 65 EPQ.
An example of this quality does not come around too often. This is the nicest example ever seen by this cataloger for this error type. The inverted star is one of those errors that is difficult to spot because the error is not immediately visible. Survival rates are quite limited as well due to this. Previously Lot 834 in our May 1998 Rosemont auction where it was called Gem. At Central States a VF30 example realized $2185. Expect this near perfect star invert to realize at least double.
From The Collection of Albert Rollins
Fr. 1917-F $1 1988A Federal Reserve Web Note. Mismatched Suffix F-*/F-L PCGS Extremely Fine 40PPQ.
This may well be the ultimate web note error. It was saved by pure happenstance by a bank teller who placed the occasional odd item that came across her window in an envelope. Included in these "odd items" were a number of web notes, with the notation on the envelope that the web notes were "different." Many years later her daughter found the envelope and examined the notes to see why they were different. By the purest serendipity she noticed that the serial number on both sides of all of the notes were identical...save for one, which contained a star suffix on the left side and a letter suffix on the right side. Further research indicated that this note was printed during the F-L run, but does not bear a serial number in the star range. We can not explain how this error was created, although a number of causes have been advanced, but we do know that in the nearly two decades after the release of these notes that this is unique as a star/regular mismatch. Offered here for the first time to the collecting public, it stands as easily the most desirable web note ever to cross the auction block. Any estimate for this unique item is merely a guess, but if rarity and desirability are any guide, expect bidding to easily rise to the level of...
Fr. 1926-F $1 2001 Federal Reserve Note. PMG Gem Uncirculated 66EPQ. A significant multiple error which is so noted on the PMG holder. This exceptional note has both a major foldover as well as a large obstruction error covering much of the left side. It also grades Gem Uncirculated 66EPQ, a lofty grade level indicating that this is a right from the pack discovery with no handling whatever. Expect bidding to reach or even exceed...
Fr. 1975-K $5 1977A Federal Reserve Note. PMG Choice Uncirculated 63 EPQ. This note is one of the most dramatic errors of any kind we have ever been privileged to offer. It comes from our May, 1998 Rosemont sale, and has been off the market since then in the collection of Albert Rollins. In the intervening years, we've had more than our share of multiple first face printings, but seldom have we had one with the eye appeal of this piece, which has two complete first face printings with each stretched over the entire note. PMG notes "Multiplte Printing Error," making this an error note in an error holder.
From The Collection of Albert Rollins
Fr. 1977-E $5 1981A Federal Reserve Note. Choice Crisp Uncirculated.
This is a failed splice error and may possibly be unique due to two pieces of paper stock comprising the error. This error consists of two separate pieces of paper money stock that was at one time held together by a strip of a blue-green adhesive applied at the Crane & Co. paper factory. The adhesive was designed to bond the end of one roll with the beginning of another roll. This time the splice got past the inspector's watchful eye and the bonding would later fail. In April 2006 we sold a less dramatic splice error for over $5000. This example should easily surpass that.
Fr. 2171-H $100 1985 Federal Reserve Note. Choice About Uncirculated.
This is by far one of the most interesting foldovers we have had in some time. Errors such as this on high denomination notes rarely escape BEP detection. The sheet made it through all of the normal printing processes but then was folded up and cut to size.
Fr. 988 $20/$10 1914 Federal Reserve Note Fine+. The Grinnell auction lists a sheet of these errors as being sold. This example is one of about ten examples currently known and it has remained out of the census. In today's error market a scarcity such as this certainly will enter five figure territory.
Fr. 2001-E $10/$5 1928A Federal Reserve Note. Choice About Uncirculated.
This is a high grade example of what has become affectionately known as the "King of Errors". Monumental errors of this type are tightly held and they rarely come to market with any frequency. A faint center fold is detected after careful manipulation. A highlight destined for the finest collection.
Fr. 2011-B $10/$1 1950A Federal Reserve Note. Choice About Uncirculated.
Almost four years have passed since we have been able to bring an example of this elusive error to auction. Printed in early 1955, these were released in the New York metropolitan area, with this piece being found in northern New Jersey. Error specialist Fred Bart has estimated that only about a half dozen of these pieces have survived, and, of that number, this is one of the finest. This example is fresh, and nicely centered though there is a center fold. The allure of this note is the fact that the $10 face of course is a Federal Reserve Note while the back is a $1 Silver Certificate. A wonderful opportunity to acquire a scarce error that may not repeat itself soon.

Session 4
Large Size
Fr. 1 $5 1861 Demand Note PMG About Uncirculated 53. This incredible Fr. 1 is one of the two or three nicest Demand Notes in existence. It's the Grinnell note, which has often been referred to as fully Uncirculated and from the point-of-view of having entered circulation, it very likely is. It does have a corner fold at the upper left, and several other very light folds, but the note is as bright, fresh, and clean as if it had been printed today. Both of the signatures are dark and clear, the colors are terrific, and the margins, though not perfectly even, are primarily huge and free of the frameline at even their closest point. A simply incredible type note.
From The Dr. Edward and Joanne Dauer Collection
Fr. 1a $5 1861 Demand Note PMG Very Fine 20. This New York District "for the" Demand Note is the most common of the "for the" for the denomination. Nine pieces are known. The highest grade yet to auction was a PCGS 45, which we sold in May 2007 for $138,000. This note has an amazingly clear hand-written "for the" on both the Register and Treasurer side of the note. The colors are just about perfect and the note is primarily well-margined, although the right-end of the face just touches the design at its top. It's an important note and a type that is missing from all but the most advanced collections, as a total of only 26 "for the" notes exist for all denominations combined. PMG has commented "Restoration", which we have no doubt exists, but we've not seen this note out of the holder, and through the holder, we have been unable to find it.
From The Dr. Edward and Joanne Dauer Collection
Fr. 2 $5 1861 Demand Note PMG Very Fine 25. This Fr. 2 is one of the more basic and available Demand Notes. About 115 pieces are known, many of which are right around this grade, and only a single one grades better than 45. The color and margins are nicer than what are normally seen on this type--particularly the bold green of the back. The note, in spite of the accuracy of the assigned VF 20 grade, has the look of an AU. PMG has noted "Margin Restoration", which is a very nearly unnoticeable repair to the right side margin about a 1/4 inch from the top.
From The Dr. Edward and Joanne Dauer Collection
Fr. 3 $5 1861 Demand Note PMG Very Fine 20. PMG has noted "ex Wayte Raymond" on the holder of this stately-appearing Boston Demand Note. It is very nicely margined with terrific color on both sides, and not a hint of a defect. Both signatures remain strong, and the note looks to us as if it would have been equally at home in a 30 holder. A very pleasing piece, well up in the census of 99 known notes.
From The Dr. Edward and Joanne Dauer Collection
Fr. 3 $5 1861 Demand Note PMG Very Fine 20. Another of the more common Demand Notes with Track & Price reporting 99 examples. The highest reported grade is 40, and only three of the 99 notes grade higher than 30. This decent VF 20 is well up in the census. Only a handful of the 99 notes could begin to compare to this piece for eye appeal. Save for a slightly rounded upper-right corner, the note is perfect for the grade, and both of the signatures remain strong.
From The Dr. Edward and Joanne Dauer Collection
Fr. 4 $5 1861 Demand Note PMG Very Good 8 Net. Only five $5 Cincinnati Demand Notes are known--four of which cluster tightly around this grade. This note, which is ex Amon Carter, has a few very minor tape repairs of edge splits, but is otherwise intact and it has retained excellent color for the grade.
From The Dr. Edward and Joanne Dauer Collection
Fr. 5 $5 1861 Demand Note PMG Choice Fine 15 Net. Nine examples of this St. Louis Demand Note are known, only two of which grade higher than this piece--the finest of them is a PCGS 35. That PCGS 35 also holds the price record for this Friedberg number. It realized $43,700 when auctioned in October 2005. This note, which was previously in the Amon Carter Collection, has been off the market for 18 years. It last sold as part of the Jim Thompson Collection in October 1990 when it realized $4,180. PMG has pointed out "Restoration", which is either very minor or very well done, as we are unable to locate it through the holder. The note is heavily circulated to be sure, but it is quite attractive for a 15 with good color and reasonably strong hand-signatures remaining.
From The Dr. Edward and Joanne Dauer Collection
Fr. 6 $10 1861 Demand Note PMG Fine 12 Net. Forty examples of this New York $10 Demand Note are known--most of which cluster tightly right around this grade. The note has some minor edge restorations, but is quite good looking for a 12, and has many of the visual attributes of a far higher grade. The signatures are strong, the colors are excellent, and the margins are free of the frameline at all points. Not a single Fr. 6 is reported above VF 30 by Track & Price.
From The Dr. Edward and Joanne Dauer Collection
Fr. 6a $10 1861 Demand Note PMG Very Fine 20. This New York "for the" $10 Demand Note is previously from the collection of Aubrey Bebee. Only five examples of this note are known--one of which, with no sale history, is listed in the census as Fair. A second example, the Friedberg illustration note, is now permanently impounded in the ANA museum. This solid Very Fine has the important "for the" words written extremely clearly on both the Register and Treasurer sides of the bill. The colors are terrific and the margins are generous on three sides and close at the bottom. PMG has noted "Tear", which is all but invisible in the holder. The tear goes about a 1/4 inch into the note towards the right end of the top margin.
From The Dr. Edward and Joanne Dauer Collection
Fr. 7a $10 1861 Demand Note PMG Choice Fine 15. Only three examples of this Philadelphia District $10 are known, one of which, the Serial Number 1 note, has been of uncertain whereabouts for the past forty years since its appearance in a 1970 Sotheby's sale. This note is a solid Fine with some claims to the Very Fine grade. The colors are excellent, and the margins, though close in spots, do not intrude into the design. The signatures are a bit light, but both are legible as are the important "for the" inscriptions. Only when incredible collections are offered do "for the" Demand Notes reach the market. To have five in a single sale is simply unprecedented.
From The Dr. Edward and Joanne Dauer Collection
Fr. 8 $10 1861 Demand Note PMG Very Fine 20. The lower left corner tip has been well restored on this otherwise solid VF Boston $10 Demand note. As with all the pieces in the Dauers' collection, it was hand-selected for color, eye appeal, and overall quality. For the 20 grade, the look of this note is simply amazing.
From The Dr. Edward and Joanne Dauer Collection
Fr. 9 $10 1861 Demand Note PMG Very Fine 20 Net. This Cincinnati $10 Demand Note was formally the property of Amon Carter. It's one of only six pieces known, one of which is in the ANA museum. Two others have been reported by serial number only, with no sales history or current location. All but one of the known notes fall just below this piece in grade. The single Fr. 9 graded higher was a PMG VF 25 sold by us in January of this year for $172,500. This note is just a shade below it in overall quality. The note we sold last January is now part of a long term collection, and this Fr. 9 will very likely be the last opportunity to acquire this number for a very long time to come.
From The Dr. Edward and Joanne Dauer Collection
Fr. 9a $10 1861 Demand Note PMG Very Fine 30. When last on the market at the sale of the Bass Collection in 1999, this spectacular Cincinnati "for the" Demand Note realized over $86,000--a huge price at that time. Prior to that, it had been part of the Schermerhorn Collection, and before Robert Schermerhorn it was owned by Albert A. Grinnell, from whose collection it was sold in the first Barney Bluestone Grinnell catalog on November 25, 1944. The note is simply breathtaking. It is a solid, problem-free Very Fine, which would be an amazing grade for any Demand Note. But this is far from any Demand Note. It is the only known "for the" Demand Note that exists from either of the two mid-west depositories. It is also one of the most handsome of the "for the" notes in existence, with the all important hand-written signatures and "for the" bold, clear and bright. The colors of the note are incredible, and it is letter-perfect for its grade without a hint of a defect, repair or restoration. A truly great note that will help define the collection it enters as one of the very best in existence.
From The Dr. Edward and Joanne Dauer Collection
Fr. 11a $20 1861 Demand Note PMG Choice Fine 15 Net. This fabled Fr. 11a is unique not only for its Friedberg number, but also for type. When Demand notes were first printed, the words "Register of the Treasury" and "Treasurer of the United States" were printed at the bottom of the note below the signature lines. The Treasury clerks, who were authorized to sign for these officials, added the words "for the" after their signatures. After a short while, it was realized that the words "for the" should be added to the plate in front of "Register of the Treasury" and "Treasurer of the United States" to save a considerable amount of time and effort on the part of the signers. Five and Ten Dollar "for the" notes are extremely rare in the marketplace. There are only ten "for the" $5 notes known--nine of which are Fr. 1a. The $10 notes are equally rare with ten pieces known--most of which are Fr. 6a. In $20 Demand notes, the currently offered piece is absolutely unique with no other "for the" notes known--not only for this Friedberg number, but for the type. The note has a minor, exceedingly well-done restoration of one of the corner tips, and has been graded Choice Fine 15 Net with the comment "Professional Restoration." To our eye, the note has the appearance of a solid problem-free Very Fine. The signatures, although a bit light, remain nice and clear, and the colors of the note, including the green overprint on the face as well as the red serial number, have all their original brightness. The elaborately engraved green back also gives the appearance of a solid VF if not slightly better. This would be a handsome and desirable Demand Note of any denomination or variety at this grade level. The words "unique" and "irreplaceable" are considerably overused in today's market; however, for this note, "unique" is exactly correct and "irreplaceable" is right on the money. The successful bidder who brings this note home tonight can bask in the certain knowledge that no other collector will ever own a "for the" $20 Demand note until tonight's winner is willing to part with his treasure.
From The Dr. Edward and Joanne Dauer Collection
Fr. 12 $20 1861 Demand Note PMG Very Fine 20. This ex-Grinnell Friedberg 12 may well be the finest $20 Demand note of any number. According to Track & Price, the only note grading higher than this 20 is a 40 (which is also this note). Needless to say, grading of excessive rarities can be wildly varied, and while the two major grading services come under considerable criticism, people's gripes tend to be about hair-splitting at the high end. In grades between 6 and 20 where most known Demand notes reside, both grading services are doing a highly credible job. Were all the $20 Demand notes in PMG and PCGS holders, it is exceedingly likely that none would exceed this unrestored, problem-free VF 20. The colors are spectacular, the margins complete at all points, and both of the hand-applied signatures are dark and clear. Demand Notes were the original green backs, and in fact, their overall very busy green backs are the very origin of that still-used term. Fives and Tens are collectible, but this highest denomination, the $20 Demand Note, is a type that most collectors only dream of owning. Nine of the twenty-six known $20 Demand Notes are damaged and/or restored, and two are permanently held in museums, leaving a mere handful of problem-free notes for collectors. This one sits at the top of that small group as the finest available.
From The Dr. Edward and Joanne Dauer Collection
Fr. 13 $20 1861 Demand Note PMG Very Fine 20 Net. Only four Fr. 13s are known from a total of twenty-six $20 Demand Notes reported for all numbers combined. Ten of those are Fr. 12. $20 Demand Notes reach the market with such infrequency that most collectors enter and leave the hobby without ever having the opportunity to purchase one. The three $20s in the Dauers' magnificent collection afford a once-in-a-lifetime opportunity for the advanced collector of Large type. This is the first Fr. 13 to be third-party graded by either major service--none has been graded higher than 20 when sold raw in any of the very few auction appearances that these notes have had. This note last sold at auction in May 1999 when it realized $36,800. It is the ex Grinnell note, and while it does have a few minor restorations, they have been done with consummate skill and are undetectable to all but the most trained eye. The highest price recorded for a Fr. 13 at auction was in November 2006 when a note, somewhat lower than this in quality, realized $92,000. This piece should certainly equal, and will very likely exceed that realization.
From The Dr. Edward and Joanne Dauer Collection
Small Size
Fr. 2201-J $500 1934 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This wonderfully centered Kansas City $500 is only a light teller smudge away from the gem grade. The inks are bold and the embossing strong on this choice example.
From The Jupiter Collection
Fr. 2211-C* $1000 1934 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This is the first of a consecutive pair of $1000 Star Notes that we offered in our September 2005 Auction. The pieces sold for $18,400 and $22,425 respectively, "These are the only two Series 1934 star thousands listed as Uncirculated from the Philadelphia district in the census, and represent two of the three pieces listed as Uncirculated from all districts combined for this series. Each piece is screamingly original, fully embossed, and as bright as the day it left the Bureau press. These will not be inexpensive, but quality and rarity seldom are." Now that these pieces are in PMG holders, the audience of interested bidders has increased significantly.
From The Jupiter Collection
Fr. 2211-C* $1000 1934 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The full description of the second note from this pair read, "The second note in this gorgeous star pair, and a true screaming gem, with great centering, brilliant colors, and total originality in all respects. If you seek only the finest, this is a note that will not disappoint."
From The Jupiter Collection
Fr. 2211-F $1000 1934 Light Green Seal Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This perfectly original issue boasts strong embossing, bright white paper, and more than acceptable margins. The light green seal adds to the overall aesthetics of the note.
From The Jupiter Collection
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
Embossing of the delicate Treasury Seal tips is still easily visible in the holder. Sizeable margins and perfect paper waves add to the overall eye appeal.
From The Jupiter Collection
Fr. 2221-E $5000 1934 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The most recent census indicates a mere half dozen examples are known of this Richmond district $5000. Five of those pieces are uncirculated, all in a serial number range from E00000114A to E00000122A. We were privileged to handle serial number 115, and that piece displayed a small corner tip fold outside the design precluding it from Gem status. This example, which is fully Gem and outstandingly original, features four solid margins and a beautifully vivid green overprint. With Gems from "common" districts realizing north of $150,000, expect this piece to realize...
From The Jupiter Collection
Fr. 2230-F $10000 1928 Federal Reserve Note. PMG Choice Extremely Fine 45.
When this lot opened in our 2007 Central States auction, it sailed past $200,000 settling at $230,000. The description read in part, "This serial number F00000016A $10,000 note increases the census to only nine for all districts for the 1928 Series. Two of those enumerated notes are locked away in the San Francisco Federal Reserve Bank Collection, reducing the number available to collectors to just seven in all grades combined. We had the privilege of selling the finest of the seven, a Choice CU Richmond example, which realized over $241,000 in our February 2005 auction of the Taylor Family Collection. The example presented here is not quite that nice, but it is only lightly circulated and is a strong contender for second finest known for this type and denomination. Offered here to the numismatic community for the first time, a true trophy item that is certain to become the centerpiece of the collection it enters." Once again, another collector will be offered the chance to put this trophy in their collection.
From The Jupiter Collection
Fr. 2230-F $10000 1928 Federal Reserve Note. PMG Very Fine 20.
Four of the nine known 1928 $10000 Federal Reserve Notes are from the Atlanta District. Two of those nine notes are permanently housed in the collection of the Federal Reserve Bank of San Francisco. The paper exhibited here is solid with a strikingly solid overprint. Broad, even margins and pleasing front to back centering add to its appeal. With recent interest in these high denomination issues pushing even 1934 examples in Very Fine Condition past the six figure mark, expect a realization here of...
From The Jupiter Collection
Fr. 2231-K $10000 1934 Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
Increased interest in $5000 and $10000 notes have pushed these high denominations to levels that are commensurate with their rarity and status as American icons. We are pleased to again offer this beautifully original Dallas issue. A bright green overprint displays low serial number 36 and contrasts nicely against the bright white paper. The margins are ample, though a hair too thin at bottom for a full Gem designation. In addition to the "Exceptional Paper Quality" comment, "Great Color" is also mentioned by PMG.
From The Jupiter Collection
Fr. 2405 $100 1928 Gold Certificate. PMG Gem Uncirculated 66 EPQ.
Against an estimate of $30,000 to $50,000, Tom Flynn's $100 Gold PMG 66 EPQ, realized $103,500, attesting to the true rarity of this note in this state of preservation. Two pieces have been awarded this lofty grade by PMG and none by PCGS. A total of two pieces at this level is too few considering its appeal to so many different collectors as a type note. Small size specialists, type collectors, Friedberg number collectors, and even crossover coin collectors looking to add high end type notes to their collectors were all vying for the Flynn example. Expect them all back again tonight, as this piece is every bit its equal, with even margins, perfect front to back centering and a rich golden-yellow overprint. What the Flynn collection did not provide was a comparable $500 to that in the next lot for bidders wishing to buy the finest of all the 1928 Gold Certificates. If successful, one winning bidder may go home with one of the most coveted pairs of small size Gold Certificates ever offered in one place.
From The Jupiter Collection
Fr. 2407 $500 1928 Gold Certificate. PMG Gem Uncirculated 66 EPQ.
Currency collecting history proves time and time again that when the very finest notes are offered, both established collectors and new entrants come to the fore, with these one of a kind items attracting extra interest and exceeding expectations at auction. The 1928 $100 Gold Certificate in the Tom Flynn Collection is a perfect example. Graded by PMG Gem Uncirculated 66 EPQ, it surpassed the $100,000 mark in our April sale. Its perfectly matched pair is being offered above as one of two 66's graded by PMG and PCGS. This wonderful $500 Gold provides a perfect companion to the outstanding $100 contained in the Jupiter Collection. It is the only small size $500 Gold graded by either service to reach the lofty heights of the Gem Uncirculated 66 grade. With near perfect margins, bold embossing and a rich golden overprint, it easily equals the $100 in eye appeal and exceeds it in desirability. Knowledgeable bidders will certainly not bat an eye at our estimate of...
From The Jupiter Collection
Fr. 2407 $500 1928 Gold Certificate. PMG Choice Uncirculated 64 EPQ.
This is the second of two, fully uncirculated and utterly beautiful $500 small size Gold Certificates offered here as part of the Jupiter Collection. This piece is from a small run of known uncirculated pieces and is marked by perfectly original paper quality, a bright overprint and three extra large margins. A slightly larger bottom margin would have surely pushed this note past the threshold for a Gem designation. With graded AU examples approaching the $30,000 mark, it is easy to assume this piece will approach and exceed...
From The Jupiter Collection
Large Size
Fr. 18 $1 1869 Legal Tender PMG Gem Uncirculated 66 EPQ. Generous margins and a pleasing array of green, blue, red, and black design elements combine for stunning eye appeal. The originality of the paper is easily seen, even in the third party holder. A survey of the PMG and PCGS population reports reveals only one piece has been graded higher. Since that piece has not appeared at auction, the current example should be given serious consideration. Nearly a two-year hiatus of a 66 graded note at auction ended with the strong realization of the Tom Flynn 66 EPQ example at $20,700. We see no reason to believe that this gorgeous specimen is worth any less.
From The Jupiter Collection
Fr. 26 $1 1875 Legal Tender PMG Gem Uncirculated 66 EPQ. Bold colors and excellent centering highlight this Gem example. Plate number 60 is almost completely present in the huge top margin. The 1875 series Aces often come with a deep red coloration that is singularly attractive and easily distinguishable from even a distance.
From The Jupiter Collection
Fr. 31 $1 1880 Legal Tender PMG Superb Gem Unc 67 EPQ. Two years after this note's first auction appearance carrying the coveted PMG Superb Gem Uncirculated 67 EPQ grade, it remains the lone Fr. 31 graded Superb by either PMG or PCGS. That appearance saw a realization of $18,400 with the following description, "Off the market since December 2000, when it crossed the auction block in a Lyn Knight sale, realizing just over $4,000. This extraordinarily nice example of a rather scarce number carries the coveted 'Exceptional Paper Quality' comment on the back of the PMG holder. This note in this grade could easily set a record for its number. We would expect this piece to enter into five-figures." That five figure price was easily surpassed, and we expect even more interest when it is auctioned tonight.
From The Jupiter Collection
Fr. 41 $2 1862 Legal Tender PMG Gem Uncirculated 65 EPQ. Prior to being graded by PMG, this note was offered as a raw Gem in our 2006 Central States Auction. At the time, our examination was thorough, with a serious consideration towards a Superb Gem grade. The description read, "Superb but for a slightly tight right face margin. The rest of the margins are huge, the back is well centered, the colors are spectacular and the note has all its original embossing. The embossing in this case is not confined to the seal and serial numbers, but is found throughout the design. On balance, in spite of its one non-outstanding margin, this is one of the nicer examples of this type that we have had the opportunity to handle." It is now housed in a PMG Gem Uncirculated 65 EPQ holder, and still superb but for that slightly tight right face margin.
From The Jupiter Collection
Fr. 42 $2 1869 Legal Tender PMG Gem Uncirculated 66 EPQ. The slightly more open spaces around the back design on this Rainbow Deuce reveal bold original embossing of the serial numbers. The margins are perfectly complementary as is the front to back centering. Our auction in Long Beach last September saw a realization of $29,900 for a similarly graded 66 EPQ from the same serial number range.
From The Jupiter Collection
Fr. 61a $5 1862 Legal Tender PMG Gem Uncirculated 65 EPQ. This piece is recorded in the census as part of a cut sheet. Though the B plate position note from this sheet has been offered at public auction, this is the first of the remaining three to be offered to collectors. Series 1862 $5 Legal Tenders are known for razor thin margins. The margins displayed here are larger than normal and sufficient on all sides for a full Gem grade. The paper is undeterred by age and the colors remain vivid. PMG has incorrectly identified this note as a Fr. 61.
From The Jupiter Collection
Fr. 64 $5 1869 Legal Tender PMG Gem Uncirculated 66 EPQ. The color is as bold as one would expect for a note with the "Rainbow" nickname. Extra broad margins are noted on all four sides with ideal front to back centering and the full appearance of perfect paper quality. PMG has awarded the originality of this note with its coveted "Exceptional Paper Quality" descriptor.
From The Jupiter Collection
Fr. 81 $5 1880 Legal Tender PMG Superb Gem Unc 67 EPQ. As a lofty Superb Gem Unc 67 EPQ, it is no surprise that the population reports state that no finer pieces have been graded. The open area in the back design reveals bold embossing of the face design elements. A rich red seal and blue serial numbers add to the appeal of this perfectly original piece.
From The Jupiter Collection
Fr. 96 $10 1869 Legal Tender PMG Gem Uncirculated 66 EPQ. Census records show that this note was last offered to collectors as part of a fixed price list in 1996. Today it resides in a PMG 66 holder with the "Exceptional Paper Quality" designation. As far as Rainbow type notes are concerned, one will be hard pressed to find an example with a brighter red seal and serial numbers. The color complements the equally bold swath of anti-counterfeiting blue. The margins are broad on face and back. Records indicate the most recent price realization for an example in this grade was $23,575, set in our most recent FUN auction.
From The Jupiter Collection
Fr. 114 $10 1901 Legal Tender PMG Superb Gem Unc 67 EPQ. This is the first of five exquisite Bisons offered as part of the Jupiter Collection. Their grades are well into the Gem range, with two reaching the Superb level. It is likely the bidding will include type enthusiasts as well as collectors looking for the finest representative for the given Friedberg number. We are pleased to begin with this note which possesses all of the qualifications for the Superb Gem grade. It is an absolutely magnificent Bison, with broad, even margins, perfect color and beautiful centering of both face and back. The first few Bison numbers used a more orange ink for the serial numbers and the normal red ink for the seal and sawbuck. On this note, the difference in color is readily apparent, with the contrast in color between the serial number and seal adding an additional level of eye appeal.
From The Jupiter Collection
Fr. 115 $10 1901 Legal Tender PMG Gem Uncirculated 66 EPQ. Unlike a number of the other Friedberg numbers that comprise this issue, the grading services have yet to grade a Fr. 115 any higher than Gem Uncirculated 66. The reason is the rarity of this Lyons-Treat signed issue. To date only 64 examples have been reported in all grades, easily making it the scarcest Bison. Compare that with the Fr. 122, where the census enumerates over 1300 survivors. The cherry red overprint, bright white paper and sizeable margins are certainly worthy of consideration for a Superb grade.
From The Jupiter Collection
Fr. 116 $10 1901 Legal Tender PMG Gem Uncirculated 66 EPQ. The seal is as dark as one will find, with a lifelike Bison vignette at center. PMG has even noted, "Great Colors" on the back of their holder. The margins on front and back are large enough to give the note eye appeal commensurate with a Superb designation. This is the finest graded Fr. 116 by PMG or PCGS to be offered at public auction. The next highest was a 64 that sold nearly a year and a half ago, making any attempt at an estimate simply a suggested "starting point".
From The Jupiter Collection
Fr. 119 $10 1901 Legal Tender PMG Superb Gem Unc 67 EPQ. The face design of the Bison note is so large that little room was left to even cut between the notes when they were first issued. As a result, Superb grades are elusive, with a 68 yet to be awarded by either PMG or PCGS for any Bison. This piece was last offered in our 2006 Central States Auction with the following description, "The 'Exceptional Paper Quality' appellation has been applied to this gorgeous Bison. It's very nicely centered on both sides, with super color, and the paper originality and embossing can be easily seen through the third-party holder. A really handsome note, as well as a slightly scarcer number. Fr. 119's are not often encountered in high grade, and PMG 67 is certainly a very high grade. We would not be at all surprised if ten years from now there were less than a dozen as nice as this one in reputable third-party holders." It realized $25,300 that evening, and was quickly surpassed when another similarly graded example realized $32,200 in January of 2007. With this price level now nearly two years old, another realization in the $30,000 plus range is highly likely.
From The Jupiter Collection
Fr. 122 $10 1901 Legal Tender PMG Superb Gem Unc 67 EPQ. Our last offering of this note included the following description, "Fr. 122 is the most available number of the nine different Bison signature combinations. That makes this the ideal piece to acquire for type, as no additional premium is attached. The note is a real beauty, with lifelike portraits of early 19th-century explorers Meriwether Lewis and William Clark bracketing a stately North American Bison." That 2005 appearance has been surpassed by its most recent appearance in 2007 where it fetched $27,600. Expect a similar realization as part of the impressive Jupiter Collection.
From The Jupiter Collection
Fr. 123 $10 1923 Legal Tender PMG Gem Uncirculated 66 EPQ. When this note last appeared at auction, we commented, "This strictly original, impeccable quality note is not from one of the known runs of uncirculated Fr. 123's. It's simply a random note that was preserved in utterly original condition. Not so much as a counting ripple disturbs the pristine surfaces. The note is exceptionally well embossed and perfectly centered on both sides, with all its full flashy ink color and razor-sharp corners. This is a beautiful example of one of the scarcest twentieth-century Large Size Type Notes." The last realization of a PMG graded 66 at auction was $18,400, way back in 2006, calling for an updated estimate of...
From The Jupiter Collection
Fr. 127 $20 1869 Legal Tender PMG Gem Uncirculated 65 EPQ. There is little wonder why this note has twice before been offered at public auction with a grade of Superb Gem. The margins are ideal, if not oversized compared to most examples of this issue. Each of the colors that add to this note's overall eye appeal are bold and the paper is fully original as stated by PMG's comment "Exceptional Paper Quality". The most recent two prices realized for high grade Fr. 127's include a PMG 64 EPQ which realized $27,600 in our FUN Auction and a PMG 67 EPQ that we sold three months later for $86,250. With all this in mind, it's likely safe to estimate this wonderfully original piece at...
From The Jupiter Collection
Fr. 141 $20 1880 Legal Tender PMG Superb Gem Unc 67 EPQ. Two Fr. 141s have been awarded the lofty 67 EPQ grade by PMG, with two more having been graded by PCGS. Despite a mere four graded notes at this level, only 13 examples have been awarded this grade for all 1880 $20 Legals, which spans 18 different Friedberg numbers. One of the most attractive attributes of this note is its unaged, perfectly white paper, which provides the canvas for a richly printed design. The margins are large for the issue and perfectly even on front and back. To establish a realistic estimate, we must look to the Fr. 142 which sold in our 2007 Central States auction for $10,350. The number of known notes for that issue is similar, with two graded Superb.
From The Jupiter Collection
Fr. 151 $50 1869 Legal Tender PMG About Uncirculated 50. This piece last graced the pages of the Dr. Edward and Joanne Dauer Catalogue, where it realized nearly $150,000. The description read, "Sixty-two examples are known of this Rainbow Fifty - only three of which are graded higher than this handsome AU. PMG has not graded any Rainbow $50s above the AU level, and only three pieces at that level. This one is unsurpassed for eye appeal. The margins are broad and quite even, the back centering is perfect and the colors are bright and bold....The portrait at the lower right of the note is that of Henry Clay. Clay was the thrice unsuccessful perennial presidential candidate between 1824 and 1844. He had also served as Secretary of State under John Quincy Adams in the late 1820s. The record auction price for a Friedberg 151 is $184,000 which we set in our Taylor Family Sale in February of 2005. This piece lacks the technical grade of that example, but it certainly is comparable in appearance - if not a touch nicer." The number of known pieces remains the same and this piece remains the finest offered at auction since early 2005.
From The Jupiter Collection
Fr. 161 $50 1880 Legal Tender PMG Superb Gem Unc 67 EPQ. A small run of uncirculated examples has provided a number of very nice Large Brown Seal $50s. One by one, the scrutinous eyes of the third party grading services has been relegating them to Gem or lower grades, save for three which have received the Superb Gem classification. Of those three Superb Gems, none has yet been exposed to the competition of an auction until now. The broad and perfectly even margins complement a boldly executed printing. Expect the price realized here to buck the trend of a "common" type note.
From The Jupiter Collection
Fr. 167a $100 1863 Legal Tender PCGS Choice About New 58PPQ. More than a decade has passed since this exceptional note was last offered in our January 1998 FUN Auction, where it was described, "One of the classic rare types, this "Spread Eagle" $100 Legal is as lovely an example as any we have ever seen. Twenty five pieces are listed in the census, six of which are permanently impounded in museums, foundations or government hands. The margins are exceptional, and the note totally lacks repairs, restorations or any trace of attempted upgradings. It's separated from Gem New by the lightest of handling marks and minor corner tip folds that can be seen only when a light source is allowed to pass through the note. Very few examples of this type, in any grade, exist without repairs or restorations, as this extremely thin, brittle paper was highly subject to splits, nicks and tears. The colors are all beautifully bright, and the note is very well margined for the type, with the face margins well clear of the design all the way around, and the back 100% perfectly centered." At the time, this piece sailed past the $25,000-up estimate and settled at $44,000. Today, the number of known notes still stands at 25 and the last example of this Friedberg number to sell at auction, a heavily repaired PMG Very Fine 30 Net, realized $63,250. If history is a guide, our estimate may again prove conservative.
From The Jupiter Collection
Fr. 222 $1 1891 Silver Certificate PMG Superb Gem Unc 67 EPQ. Our examination of this note when it was raw is easily accessible in our archive, "Fr. 222 is by far the scarcer note of this two-number type. It's outnumbered in the census over three to one by its type-mate, Fr. 223. CAA's numbers show an even greater disparity: We've sold 22 Fr. 222's and 114 Fr. 223's. The presently offered piece has huge, even margins, perfect centering of both sides, fully bright colors and excellent paper surfaces." Since our offering of this piece in May of 2002 many things have changed. Census numbers now indicate the Fr. 223 outnumbers the Fr. 222 by a margin of four to one and this note has received a Superb Gem grade from PMG. It was most recently sold in our 2006 Central States Signature Auction for $13,800 and remains one of only two graded Superb by PMG and PCGS.
From The Jupiter Collection
Fr. 224 $1 1896 Silver Certificate PMG Gem Uncirculated 66 EPQ. This example falls right at the beginning of a run of known uncirculated examples. As the plate position D note, it was provided a more ample bottom margin than is usually seen. The top margin, which is almost as large, boosts this note well into the Gem grade range. Vivid colors and deeply embossed details are also noted in the holder.
From The Jupiter Collection
Fr. 242 $2 1886 Silver Certificate PMG Superb Gem Unc 67 EPQ. Though very nice Hancock Deuces are seen with some frequency, examples that boast bright original paper, and over-the-top color are not easy to come by. The serial numbers on this issue are bold as is the rich, salmon colored seal. Solid margins and deeply printed inks bring the note full circle and deserving of the full Superb Gem Uncirculated grade which it has received from PMG.
From The Jupiter Collection
Fr. 248 $2 1896 Silver Certificate PMG Gem Uncirculated 66 EPQ. This Deuce saw fevered bidding in our 2006 Central States auction where it was described, "A gorgeous Educational Deuce, with broad, even margins, wonderful color and the PMG comment, 'Exceptional Paper Quality.' While not rare as a type, or even as an uncirculated piece, truly high grade Educational Twos are legitimately scarce, and there will never be enough to meet the demand." Its realization of $14,950 at that sale may well be surpassed this evening.
From The Jupiter Collection
Fr. 256 $2 1899 Silver Certificate Star Note PMG Gem Uncirculated 66 EPQ. "A spectacular example", were the first three words of our description in September of 2000, when this note was offered as a raw Gem. Its even margins, bold blue overprint, deeply printed devices and fully embossed details leave it only a point from the full Superb grade. PMG notes "Exceptional Paper Quality" as well as Face Plate 2. In October of 1916, there was a move to standardize the plate numbers on all Legal Tenders, Silver Certificates, and Gold Certificates. The result was the placement of the plate number to the right of the plate position letter. Previously on 1899 $2 Silvers it appeared under the plate position letter. Doug Murray's latest large size star note reference indicates a value of $10,000 in CU. Expect fevered bidding for this Star example, which sits alone atop the population reports as the finest graded thus far.
From The Jupiter Collection
Fr. 262 $5 1886 Silver Certificate PMG Superb Gem Unc 67 EPQ. This Silver Dollar Back is once again offered at public auction with the next lot. Both notes appeared in our 2006 Central States Auction. We were pleased to examine this example before it was sent to PMG. Our description of the raw note read, "Beautiful centering and deep, original embossing as well as full, flashy colors and snow-white paper all combine on this much less available Silver Dollar Back number. Fewer than 50 examples are known of Fr. 262, making it one of the scarcer pieces of its type. By comparison, far more than 200 Fr. 263's are known. This note is a new serial number that drops right into the run of about a dozen known uncirculated examples. None are likely nicer than this utterly pristine piece." PMG agreed fully with our Superb Gem grade, even bestowing the coveted "Exceptional Paper Quality" qualifier.
From The Jupiter Collection
Fr. 263 $5 1886 Silver Certificate PMG Superb Gem Unc 67 EPQ. We first offered this piece over two years ago in our 2006 Central States Auction with the following description, "This Silver Dollar Back has the comment, 'Exceptional Paper Quality' on the back. This type has always been extremely popular due in large part to the five Morgan Silver Dollars that are the main features of the back engraving. It's hard to estimate notes like this, as the truly strong interest in high graded third-party material has just begun to build in the past six months. Suffice it to say there are far more people seeking out material in these holders than there are notes to fill them. We'll guess at the estimate here, but suspect we may be well short." Since then, Superb Gem examples of this popular type note have surpassed the $70,000 mark at public auction.
From The Jupiter Collection
Fr. 268 $5 1896 Silver Certificate PMG Gem Uncirculated 66 EPQ. We distinctly remember the last appearance of this piece, because its jumbo margins and five digit serial number are unmistakable. That appearance was our 2006 Central States Auction where we described it: "The sought-after 'Exceptional Paper Quality' comment appears on the back of this boardwalk-margined Educational Five. If we were to guess what limited the grade of this note to 66, we would presume it's the slightly skewed back design as the note certainly seems to have the attributes of a '7' or better. A magnificent piece that would not disappoint anyone seeking a superior example of what may be the single most popular design type." With recent prices of third party graded 66s knocking at the door of $30,000, expect a realization of at least...
From The Jupiter Collection
Fr. 276 $5 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. The Napier-Thompson signature combination is the scarcest of the 1899 $5 Silvers. To date, forty nine notes have been recorded by serial number, with only a handful of uncirculated specimens known. Despite a couple of pieces having been graded at this level by PMG, no finer examples have been seen by either grading service. When this note appeared raw in the November 1993 CAA Auction, it was described, "Deep originality, beautiful colors, huge margins and perfect centering on both sides. As fine as they can ever come!" Our comment appears prescient, as this is as nice a note for this number that PMG or PCGS has graded to date.
From The Jupiter Collection
Fr. 282 $5 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ. This piece more than doubled our original estimate, selling for more than $10,000 in our 2006 Central States Auction. Now, a five figure price for a Gem is commonplace and rising with every auction. It boasts four solid margins, and bold embossing that is still easily visible even in the holder.
From The Jupiter Collection
Fr. 296 $10 1886 Silver Certificate PMG Gem Uncirculated 65 EPQ. It's been a few years since this piece last realized $19,550 at auction. Since then, another PMG graded 65 EPQ pushed the envelope, passing the $43,000 mark in our January auction. The reason is revealed with a quick glance at the population reports; for the type, only two finer examples are known, though seven Friedberg Numbers cover the 1886 $10 Silvers. A big brown seal and four perfectly even face margins are combined with a rich green back printing. A little better centering on the back, and this piece surely would have been a Superb Gem. While we can not predict a similar realization to our January offering, we would not be surprised in the least if it was surpassed, especially with the illustrious Eliasberg pedigree attached to this note.
Ex: Eliasberg Collection.
From The Jupiter Collection

Fr. 299 $10 1891 Silver Certificate PMG Superb Gem Unc 67 EPQ. Ample margins, ideal centering, and pleasingly original paper combine perfectly for a Superb Gem grade. Population reports reveal a telling story for both the type collector and Friedberg number collector. This piece sits atop the population reports with no equal, and none finer known for this signature combination. Four Friedberg numbers cover the 1891 $10 Silvers, and to date, only three other Superb's have been graded. Any estimate here is just a guess as no PMG or PCGS graded pieces have been sold publicly at this level, save for a low serial number E8 Fr. 298 that realized $69,000.
From The Jupiter Collection
Fr. 302 $10 1908 Silver Certificate PMG Gem Uncirculated 66 EPQ. The slightly larger top margin may have limited the grade on this exquisite piece, though it should be expected with the note cut from the top of the sheet. The overprint is midnight blue, the paper is bright white, and the design details are sharp. This piece sits atop the population reports with one other example. It last sold in the middle of 2007 and realized more than $18,000. As the only example of the two graded 66 EPQs to make an auction appearance, it is likely that a similar realization or much better can be expected this evening.
From The Jupiter Collection
Fr. 321 $20 1891 Silver Certificate PMG Gem Uncirculated 66 EPQ. As the most common $20 Silver, it is to be expected that a number of uncirculated examples are known. However, strict requirements for Gem status set forth by PMG and PCGS have sent many hopeful submitters packing, with no notes graded higher than Gem Uncirculated 66 thus far. The qualifications for Gem, including sizeable, even margins, bold embossing and rich printed details are all met or exceeded by this near-Superb specimen. In January of 2008 another PMG 66 EPQ graded note sailed past our $35,000-up estimate to settle at $57,500.
From The Jupiter Collection
Fr. 330 $50 1891 Silver Certificate PMG About Uncirculated 50 EPQ. Our 2006 Central States Auction marked the last appearance of this piece. It was described, "A major rarity and a beautiful example. There are only six known Fr. 330's, one of which is permanently impounded in the Federal Reserve Bank of San Francisco. Four of the six are heavily circulated, and the only contender for top spot is the XF that last appeared on the 1999 Dean Oakes listing at $17,500. This note is listed in the census as uncirculated; its only prior auction appearance was as part of the Andrew Shiva Collection in 1995. The note has its original embossing, perfect colors, wide, balanced margins and the appearance of a Superb Gem. The note is held from that grade only by two broad corner folds, one at the upper right and one at the lower left." PMG has since agreed with our grade, even bestowing the Exceptional Paper Quality designation. In an ever stronger market for large size rarities, we expect this note to now reach...
From The Jupiter Collection
Fr. 334 $50 1891 Silver Certificate PMG Superb Gem Unc 67 EPQ. Of all the different Friedberg numbers representing the $50 denomination in Silver Certificates, Fr. 334 is not nearly as common as the Fr. 335, though Fr. 334 does have a small number of known uncirculated examples. About a dozen such specimens are known, most of which come from three different sheets. A survey of the census reveals most of the pieces have long been labeled as Gem, however, the very particular requirements for the highest grade level have resulted in PMG and PCGS having only awarded one Superb Gem grade to date. Further examination of the population reports for each of these companies reveals that this is the lone Superb Gem 67 graded for the six different Friedberg numbers that make up the 1891 $50 Series. The paper is creamy white and perfectly original with a bold red seal and ideal margins on all sides. With only one Superb example graded, any estimate here is simply a guess, but if the market for "Finest Knowns" continues at its present pace, our estimate may well prove conservative in the extreme.
From The Jupiter Collection
Fr. 335 $50 1891 Silver Certificate PMG About Uncirculated 55 EPQ. This is the most common number of the 1891 Silver $50s. Of the 160 or so known notes, the vast majority of surviving examples fall below the VF line. A total of seven notes are recorded in the census as uncirculated or better, though we can assume the simple CUs will not fare well at the grading services, and none of the remaining, higher uncirculated specimens have been offered since 2001. This new addition to the census is nice enough to fit right into the condition census as well. The paper is pleasingly original, and save for a center fold and corner tip fold, the note is fully uncirculated. The bold original embossing is still easily seen through the holder.
From The Jupiter Collection
Fr. 341 $100 1880 Silver Certificate PMG Extremely Fine 40. Exactly two dozen examples of this esthetically pleasing issue have been reported, though six of those are in government collections and museums, permanently out of reach for collectors. To date, only two other pieces have been graded higher by PMG or PCGS. Our description of the note when it was raw came with its appearance in our 1994 Memphis Auction, "This magnificent note appears Gem New under all the very closest scrutiny, and is utterly without repair, restoration, or problems of any kind. This large impressive vignette of James Monroe has a photorealistic appearance, with even the gleam in his eyes clearly evident." Embossing of the finely engraved lines in Monroe's jacket are still plainly evident. PMG has noted "Minor Margin Splits," which seems nit-picking in the extreme, as we can only locate one and it is a mere millimeter or two in length, plenty distant from the design. It does however, demonstrate the utter originality of the note. In 2006, this piece realized $270,250 at auction. While we do not expect a similar realization, recent results from two other condition census notes above the $200,000 level lead us to believe a fair estimate to be...
From The Jupiter Collection
Fr. 347 $1 1890 Treasury Note PMG Gem Uncirculated 65 EPQ. Low numbered examples of this issue abound, though only one of those sub 1000 notes has been graded finer, the A972 as a PMG 66 EPQ. Though worthy of interest from collectors looking at condition, that serial number is not nearly as enticing as the A119 featured here. The two serial numbers on this note are bold red and complemented by a deep brown seal. Full margins and bright paper are noted on the face. The back is a rich green color with a little more top margin than bottom. In 2007 this piece realized a whopping $18,975 and we expect this note will attract similar attention as part of the impressive Jupiter Collection.
From The Jupiter Collection
Fr. 349 $1 1890 Treasury Note PMG Gem Uncirculated 65 EPQ. More than a dozen CU examples of this closed-back Treasury Ace are known, though due to the large face design margin sizes are often too small for a Gem designation. This piece shows ample margins all around and a large top margin due to its A plate position. The colors are vivid, especially the important back design. A realization of $14,950 for a PCGS graded Gem in our 2007 Central States Auction leads us to believe this piece should push past...
From The Jupiter Collection
Fr. 352 $1 1891 Treasury Note PMG Superb Gem Unc 67 EPQ. A relatively common note in a not-so-common grade. Large margins with razor sharp corners are complementary to the deep printing and "spot on" front to back centering.
From The Jupiter Collection
Fr. 356 $2 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. Among the 1891 Treasury deuces, the Friedberg 356 is marginally the scarcest. Broad margins are noted on this note, with a little extra at the top from the position on the plate. General McPherson's portrait reveals the perfectly executed printing details, which remain bold, but not so bold as to lose detail.
From The Jupiter Collection
Fr. 360 $5 1890 Treasury Note PMG Gem Uncirculated 66 EPQ. The Fr. 360 is now recognized as a major Friedberg number rarity, with only thirteen examples surviving from an original printing of 300,000 pieces. The Jupiter Collection example is the only piece in the census to be graded uncirculated, let alone Gem, with the next highest grade Fr. 360 no better than Extremely Fine. This note is so nice it has been previously offered at auction as a full Superb Gem. Why it did not receive that accolade from the grading service can not be determined by viewing the holder, as this note displays broad, even margins, bold printing, near perfect front to back centering and an ornate back design which appears as bright as the day it was printed. With no competition even close in grade, it is likely that this piece will remain the finest known for many years, if not indeed forever. Spirited bidding is expected, as well as a price that may far exceed its last realization of $115,000.
From The Jupiter Collection
Fr. 370 $10 1891 Treasury Note PMG Superb Gem Unc 67 EPQ. The perfectly even margins at top and bottom are about as large as a B Plate position note can provide, easily adding to the eye appeal and pushing the note to the Superb Gem level. The design details are well embossed and the overprint is bold against the bright white paper. A realization of more than $20,000 for the last third party graded Superb Gem Fr. 370 will likely result in a similar realization or better here tonight.
From The Jupiter Collection
Fr. 371 $10 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. This is an original Gem with a rich red overprint, deeply printed open-back design and solid margins for the type. PMG notes, "Great Embossing", which is dead on, as each of the design elements is boldly embossed and plainly evident in the holder. About four dozen examples of this issue are known, making it the scarcest of the three Friedberg numbers that cover the open-back $10 Treasury notes. Fortunately, a small run of uncirculated examples provided this example. Many of those pieces have already been submitted to the grading services, and thus far none have been graded finer by either PMG or PCGS.
From The Jupiter Collection
Fr. 377 $100 1890 Treasury Note PMG Choice Extremely Fine 45. After more than twenty five years residing in private collections, this piece is once again being offered at public auction. In its last auction appearance in 1981 it realized $11,000, a handsome sum for any piece of currency at the time. Fewer than three dozen examples of the $100 Watermelon are known, far too few to meet the demand for the number of collectors that wish to buy an icon of American currency. The most important part of this note is the rich green back design. It remains bold with uninterrupted design elements and four broad margins. The slightly larger face design is also framed by four perfectly even margins. The most recent prices realized for this issue include a PCGS 50 which sold for $207,000 in October of 2005, PMG 30 in May of 2007 for $143,750, a PCGS 45 in June of 2007 for $253,000, and most recently a Net Graded PMG 53 for $195,500. As a pleasing, restoration-free PMG Choice Extremely Fine 45 note, we expect a realization of...
From The Jupiter Collection
Fr. 871a $5 1914 Federal Reserve Note PMG Gem Uncirculated 65 EPQ. The last appearance of this note resulted in one of the most fevered bouts of bidding we've ever seen. When all was said and done, this note, which was first offered as part of the Malcolm Trask Collection, realized $115,000. The description in the Trask sale catalog described its status as one of the most prized large size Federal Reserve Notes available to collectors, "This previously unknown Serial Number 1 Five Dollar Blue Seal is not only the sole known number-one Blue Seal Five, but it is in fact the only low-number Blue Seal Five known. There are four Red Seal Five serial #1's known, three of which reside in their respective district Federal Reserve Banks. Each of the twelve districts began their Red Seal printings with a serial-number one note. When the switch was made from Red Seals to Blue Seals, the serial number run, which in all cases had been part of the 'A' block was continued, as no district printed anywhere near 100,000,000 notes for Red Seals. No '1A' Blue Seal notes ever existed. To our best knowledge, only the Chicago and New York districts reached the 100,000,000 mark and continued on into the 'B' block. Thus, only two number-one Blue Seal Fed Fives ever existed. Until this point, neither had been known, although within the hobby, there had always been conjecture that this Chicago District number-one note was out there somewhere. The basis for that conjecture was the fact that G100000000A ('G one hundred million A') had been known. It had been presumed, quite logically, that if the final note from the A block had been preserved and was in private hands, the first note from the 'B' block would also have been saved. Its whereabouts, until now, remained unknown. Although we do not know when and from whom Malcolm Trask acquired this note, it has been in his collection for over half a century. Mr. Trask's collecting years overlapped with William Philpott's dealing years, and it is certainly possible, if not probable, that Philpott was the source. In any event, the appearance on the market of this note opens up the possibility for a single collector to represent the Five Dollar Blue Seal Fed type as a serial number one note in his collection."
From The Jupiter Collection
Fr. 976 $20 1914 Federal Reserve Notes. Twenty-five Consecutive Examples. PMG Choice Uncirculated 63 or Better. This quality run of delightful Cleveland $20s breaks down as follows - Choice Uncirculated 63; Choice Uncirculated 64 EPQ (6); Gem Uncirculated 65 EPQ (5); Gem Uncirculated 66 EPQ (8); and Superb Gem Unc 67 EPQ (5). These notes possess prominent embossing and natural paper wave except for the final note, which was the last note in the pack. However, serial number embossing is present on this note, too. Before this grouping was graded, PMG had not graded any example of this Friedberg number above 65.
From The Jupiter Collection
Fr. 1133 $1000 1918 Federal Reserve Note PCGS Very Choice New 64PPQ. We had the pleasure of examining this note before it was sent to grading as part of our Taylor Family sale, where we described its attributes as a "strictly original, well embossed, beautiful example that qualifies for the full Gem grade." We still fully agree with our Gem designation, despite a one point lower grade assigned to it by PCGS. There is no mistaking the originality and the grading service agrees, adding the Premium Paper Quality designation. A total of twelve Cleveland Thousands are known, five of which, including this note, come from a run of beautiful uncirculated pieces. A little more than a year ago, one of those beautiful uncirculated pieces sold at auction for $97,750. It was also graded PCGS Very Choice New 64PPQ.
From The Jupiter Collection
Fr. 1169 $10 1907 Gold Certificate PMG Gem Uncirculated 66 EPQ. As the most common of the 1907 $10 Golds, the Fr. 1169 it is still scarce in comparison to the 1922 $10, which outnumbers it by a factor of almost 20 to 1. This piece is one of the exquisite and near perfect examples for the issue. Four decent margins and a rich yellowish-orange overprint and back design add to the overall eye appeal. Even the embossing is unmistakable in the holder. The last example to trade at this grade level was a PCGS graded 66 in 2006, which realized a healthy $9,200.
From The Jupiter Collection
Fr. 1175 $20 1882 Gold Certificate PMG Choice Fine 15. This piece has been known to collectors for some time, but only as the illustration note in the Krause-Lemke reference. That changed last year when this specimen appeared at public auction for the first time. Though one other surviving example is recorded in the census, it has yet to make an auction appearance. The first 1882 Gold Certificates were printed with the Bruce-Gilfillan signature and countersigned in pen by Thomas C. Acton, the Assistant Treasurer in New York. As the demand for Gold Certificates increased, the plates were changed to include the engraved signature of Acton. The change occurred quickly, resulting in a paltry issuance of only 14,000 notes with the pen signed countersignature. If history serves as a guide, the lowest denominations of a particular series are usually issued first. Since no $10 Gold Certificates were printed for Series 1882 and since this piece boasts Serial Number One, one could make a good argument that this is indeed the first example of the 1882 Golds to be issued. Its survival was most likely ensured by the Serial Number One and could have been a memento for one of the signatories. A restoration is noted by PMG, though its skillful execution makes it virtually undetectable in the holder. This brightly colored issue still possesses all the eye appeal of a full VF.
From The Jupiter Collection
Fr. 1187 $20 1922 Gold Certificate PMG Gem Uncirculated 66 EPQ. More than two years have passed since this note was last offered at public auction. That appearance came in our 2006 Central States Auction with a description that read, "Beautifully margined, with stunning bright colors and original embossing that can be easily seen through the third-party holder. This is a number that is common in most grades, but very, very difficult to locate this nice."
From The Jupiter Collection
Fr. 1192a $50 1882 Gold Certificate PMG Very Fine 25. Central States in 2006 was the backdrop for the last auction appearance of this unique note. At the time, our description included the story of its discovery, "This note originally surfaced at a Milwaukee coin show in late 1989. It was first presented to the public in Stack's January 16, 1990 auction. Stack's introduced it to the collecting community as follows: 'Very rarely in American Numismatics, is a completely new and important variety discovered. That such an event should occur is newsworthy; that it should happen in such a well-researched field as Large Sized currency is truly extraordinary. The Friedbergs have informed us that this newly discovered variety will be listed as Fr. 1192a in all future additions of their work.' In fact, that listing has occurred and this Fr. 1192a remains a unique and highly important piece. Prior to the discovery of this note, all Rosecrans and Huston-signed $50 Gold Certificates have the Large Brown Seal. According to Treasury records, as researched by Doug Murray, the printing of Rosecrans-Huston signed notes was completed during January of 1891 and the use of the Small Red Scalloped Seal did not begin until June of 1891. If the Treasury records are accepted as accurate, this note cannot exist. It's also an interesting point that the small Red Seal is located at the bottom center of the note - a position that was not used on any other Small Red Seal variety. The note itself is problem-free, strictly original, and unmolested, as well as being well margined, bright and attractive. Not only is Fr. 1192a unique as a Friedberg number, but it remains, and always likely will remain, unique as a Type." Today it is hard to imagine any unique large size note is worth less than our estimate, and, if two determined and well financed collectors decide to compete for this treasure, a seven figure realization can not be discounted.
From The Jupiter Collection
Fr. 1193 $50 1882 Gold Certificate PMG Gem Uncirculated 66 EPQ. A pleasing $50 Gold which last appeared in a 2001 CAA auction. We assigned a grade of Superb, with the following description, a virtual laundry list of attributes needed to attain a Superb grade, "This one is a real winner. The surfaces are crackling fresh and strictly original, with the embossing plainly evident. The colors on both sides are outstanding, but it's particularly worthy of mention of the back, as the orange color is so bright and bold that it nearly has a reflective quality. The back printing is also razor sharp, which is not often the case for this type. We've handled only 24 Fr. 1193's, including repeats, and we have only graded two of them Superb, one of which was this piece." The PMG and PCGS population reports further elevate this note to the pinnacle of condition. Both grading services indicate a 66 graded note, but if we cross reference this note with the census, it reveals that this note has resided in both the PCGS and PMG 66 holders. As the finest known piece by two points, it realized $48,300 in a 2007 auction. If we haven't proven our case, also consider that only one other example of the Series 1882 $50s, spanning 10 Friedberg numbers, has been graded this high, with none finer.
From The Jupiter Collection
Fr. 1193 $50 1882 Gold Certificate PMG Choice About Unc 58 EPQ. Time and time again, notes at the 58 level sell for levels well in excess of Choice CU money. This note is a perfect example of the reason why. This is one of two Fr. 1193s being offered as part of the Jupiter Collection. Side by side, they are nearly equal in every regard, with both featuring vivid colors, bold pleasing paper quality and sizeable margins. This note however, is held from a full Gem grade by a lone corner fold. In 2006, this piece sold raw for $16,675 and was accurately graded as AU. We expect that price will be exceeded with its second auction appearance.
From The Jupiter Collection
Fr. 1215 $100 1922 Gold Certificate PMG Gem Uncirculated 66 EPQ. "Great Embossing" and "Exceptional Paper Quality" are noted by PMG. Both may be understatements. The embossing noted is the boldest we have seen in a third party grading holder and the paper, colors, brightness, and inks are all as nice as any collector could desire. In our 2007 Central States Signature auction, we featured a PCGS graded 65PPQ. After a fierce bidding battle, the price realized settled at $20,700, leading us to believe this piece will see a realization of...
From The Jupiter Collection
Fr. 1217 $500 1922 Gold Certificate PMG Choice Very Fine 35 EPQ. It is a rare occasion that a note graded Very Fine impresses the most tenured of currency specialists. This note however, does all that and more as described in our last Long Beach Auction catalog, "A simply spectacular example of this rare type. It is new to the census, which still numbers under fifty pieces in all grades, and easily ranks as one of the top ten highest grade specimens known. PMG has graded this piece as Choice Very Fine 35 EPQ, with the back of the holder noting "Exceptional Paper Quality, Great Color, Vivid Detail." We sold a PMG About Uncirculated 58 Fr. 1217 a year ago for $103,500, and, while this piece clearly is lower grade, the appearance through the holder of the two notes is not all that different. We can go on forever about the positive attributes of this lovely type note, but one glance at the accompanying photographs here says it all. If this gorgeous note doesn't get your pulse racing, you should probably be collecting something else." The utter beauty of this note excited plenty of bidders, ultimately resulting in a $69,000 price realized. Expect more of the same tonight.
From The Jupiter Collection
Fr. 1219b $1000 1907 Gold Certificate PMG Very Fine 25. In 2005, this note was sold as part of the Taylor Family Collection, which remains the largest single currency collection to ever be sold at auction. Our catalog description read, "This note was in the Jim Thompson collection for decades and had no prior known history. It sold as part of the Thompson collection in October 1990 and has resided in the Taylor collection since approximately that date. This is the only Napier-McClung $1000 Gold in existence--in or out of government hands. None of the Federal Reserve Bank collections nor the Smithsonian, have an example of this note. The colors are excellent as are the margins, and the surfaces are 100% natural. The note's only defect is a dozen or so pinholes, all of which appear to have all their paper present which would permit simple conservation." PMG has since graded this note VF 25 and added "Good Color, Great Margins" to the descriptors on the back. The holder also reads, "Pinholes", which in this case is a simple reminder that this note is completely original. Notes of this caliber often disappear from the marketplace into tightly held collections, and this note has the history to prove it as this is only its third ever auction appearance.
From The Jupiter Collection
Fr. 1220 $1000 1922 Gold Certificate PMG About Uncirculated 55. A recurring theme of quality is illustrated in the Jupiter Collection by this exceptional example. Unlike the Fr. 1219e of which six CU examples have been reported, only two Fr. 1220s are reported in such a high grade, one in the San Francisco Federal Reserve Collection, and the other a reported CU that was last seen in 1984. In 1999, when we sold the note as part of the Dr. Cookson Collection of Gold Certificates, the description brought to light a total of three AUs known at the time. A comparison was drawn in that description to one of those AUs, "We've handled one of the three that has been described as About New. That note...was a virtual twin of this for color, print quality, and paper quality. This note, in our opinion, gets the edge for centering." The number of AU notes in the census now stands at five, though the other four and the previously recorded CU have yet to face the critical eye of the third party grading services. Many notes previously awarded such lofty grades by an optimistic observer have since been humbled to new, lower grades, making this one of, if not the finest known Fr. 1220. PMG added the comment, "Great Color", an attribute most commonly associated with fully uncirculated notes.
From The Jupiter Collection
Hawaiian Islands $10 Silver Certificate (1880) Pick 1p Face and Back Proofs. This is an attractive pair of skillfully printed proofs. The face has a red serial number "00000", and the issued stub has a touch of mucilage showing plus a little creasing. Included with this lot is a 9 by 11 inch binder page with "Hawaiian Islands" and "Republic of Hawaii" typewritten on one side with the other side listing the production figures for the $10, $20, $50, $100 and $500 Silver Certificates from December 1878 to July 1894. We can document only eight complete proofs of this design. Crisp Uncirculated, 2 POC.
Hawaiian Islands $20 Silver Certificate (1879) Pick 2p Face and Back Proofs. These proofs were produced during the reign of Kalakaua I, The Merrie Monarch. He was the first Hawaiian king to travel to the United States and in fact took a trip around the world. The face proof has a red serial number "00000", and there is mucilage showing in a stripe near the right edge. Only two complete proof notes are known of this Pick number. In fact, we sold the other, which lacked the red serial number "00000," in April 2008 at the CSNS auction for over $24,000. Crisp Uncirculated, 3 POC.
Hawaiian Islands $50 Silver Certificate (1879) Pick 3p Face and Back Proofs. The striking $50 face and back proofs in this lot are printed in rich green and black inks. The issued stub is not present on this proof. It also has a red serial number of "00000." A mere two complete proof notes for this design are known. Choice Crisp Uncirculated, 4 POC.
Hawaiian Islands $100 Silver Certificate (1879) Pick 4p Face and Back Proofs. The size of the notes has increased for the $100 and $500 denominations, thus the $100 India paper face and back proofs were put on separate ledger pages. The issued stub has been affixed below the face proof in this case. The mucilage has discolored some of the face, while the back is a rich blue-green. The face has red serial number "00000." This is another instance in this collection where a total of only two complete proof notes for this Pick number are known. Crisp Uncirculated, 4 POC.
Hawaiian Islands $500 Silver Certificate (1879) Pick 5 Face and Back Proofs. The $500 denomination only exists in proof form with a total count of just two complete sets known. The present set made its numismatic debut at the ABNCo archives auction in 1990. The face and back proofs are each mounted on separate ledger pages while the issued stub proof is mounted below the face proof. This example has red serial number "00000." The portrait at left is of King Kalakau. He was elected king on February 12, 1874. He was the last of the elected kings of Hawaii. Much of his power was stripped away by the Bayonet Constitution of 1887. He died in San Francisco on January 20, 1891. At our CSNS auction of April 2008 we sold a face and back proof of the same Pick number, with same number of POCs, and without the red "00000" serial number which brought over $63,000. This is a magnificent proof pair, and the highlight of this fabulous offering. Choice Crisp Uncirculated, 4 POC..
Republic of Hawaii $5 Gold Certificate 1895 Pick 6p Face and Back Proofs. Appropriately, a detailed vignette of Iolani Palace is found on this Hawaiian note. This was the Royal Palace and later the State House. This building was built in 1882 and it is categorized as the only example of American Florentine architecture anywhere in the world. The delightful $5 face and back Gold Certificate proofs in this lot feature excellent yellow and black inks. This proof also has a red serial number of "00000." The back proof does reveal some mucilage. A mere six complete proof notes for this design are known. Crisp Uncirculated, 4 POC.
Republic of Hawaii $10 Gold Certificate 1895 Pick 7p Face and Back Proofs. This Pick number has only four complete proof notes known. A sugar cane harvest is the central vignette of the face proof. The face proof does not have a red "00000" serial number and there is a small amount of mucilage showing on both proofs. Crisp Uncirculated, 4 POC.
Republic of Hawaii $20 Gold Certificate 1895 Pick 8p Face and Back Proofs. This is another rare Pick number with only five complete proof notes known. A different sugar cane harvest vignette is found on this $20 Gold when compared to the $10 Gold. This face proof is minus the red "00000" serial number. Choice Crisp Uncirculated, 4 POC.
Republic of Hawaii $50 Gold Certificate 1895 Pick 9p Face and Back Proofs. Only three complete proof notes are known of this $50 Gold design. The face proof does have a red "00000" serial number and there is a small amount of mucilage outside of the back proof printed area. This is only the second note in this excellent collection that does not have the issued stub. However, type-written on the 9 by 11 inch page is the statement - "Proof with stub not available." Crisp Uncirculated, 4 POC.
Republic of Hawaii $100 Gold Certificate 1895 Pick 10p Face and Back Proofs. We can document only three complete proofs of this Pick number. This is a beautiful example that looks like it was just attached to the ledger page. This face proof does have a red "00000" serial number and its inks are bold. Choice Crisp Uncirculated, 4 POC.
Republic of Hawaii $5 Silver Certificate 1895 Pick 11p Face and Back Proofs. This is a stunning pair of proofs which is just one of a paltry three complete proof notes known for this design. At center is the Iolani Palace flanked by other vignettes of a palm tree and a kneeling Hawaiian man. Included with this lot is a 9 by 11 inch binder page with "Republic of Hawaii" typewritten on one side and the other side listing the production figures for the $5, $10, $20, $50 and $100 Gold and Silver Certificates from October 1896. This face proof does not have a red "00000" serial number. Choice Crisp Uncirculated, 4 POC.
Republic of Hawaii $10 Silver Certificate 1895 Pick 12p Face and Back Proofs. This is another wonderful pair of Hawaii proofs that exhibit amazing print quality and vibrant inks. We can document only eight complete proofs of this design. This face proof does not have a red "00000" serial number. Choice Crisp Uncirculated, 4 POC and 2 POC on the back proof.
Republic of Hawaii $20 Silver Certificate 1895 Pick 13p Face and Back Proofs. This is an extremely rare proof with just four complete proof notes known. This example was carefully prepared and then attached to the binder page in the same fashion. Choice Crisp Uncirculated, 4 POC and 2 POC on the back proof.
Republic of Hawaii $50 Silver Certificate 1895 Pick 14p Face and Back Proofs. Just three complete proofs can be documented for this beautiful design with the red "00000" serial numbers. This well preserved note and the other Hawaiian proofs in this collection laid undisturbed until they were offered at the ABNCo archives auction of November 1990. Then they were held by only one collector until now. Choice Crisp Uncirculated, 4 POC.
Republic of Hawaii $50 Silver Certificate 1895 Pick 14p Face Proof. This is a well preserved black and white face proof. The embossing of "Republic of Hawaii" is pronounced and the corners are sharp. This example has been roulette cancelled in the following manner - "SPECIMEN ABNCo." PMG Gem Uncirculated 65 EPQ.
Republic of Hawaii $100 Silver Certificate 1895 Pick 15p Face and Back Proofs. This is the plate note from Christie's fabled American Bank Note Company archives auction of November 1990. The winning bidder tonight will become only the third owner of this note over the last 113 years. Just three complete proofs of this rare $100 Silver design can be documented. Choice Crisp Uncirculated, 4 POC.
Hawaiian Government $3 Bond Coupon circa 1893 Specimen
Republic of Hawaii $12.50 Bond Coupon Jan. 1898 Specimen.

Both of these ABNCo coupons are About New, 1 POC with an all zero serial number. The $3 coupon has a portrait of Queen Liliuokalani, the last reigning monarch of the Islands and the $12.50 coupon has a small bottom edge split.
Fr. UNL Hessler UNL $5000 Temporary Loan of 1862 Baltimore Office of the Designated Depository of the United States Proof Extremely Fine.
This unlisted Proof, designed for use in Baltimore, has five small punch cancels and one shadow cancel, too. It was once mounted and its removal has left behind glue residue and skin marks. Also, the tear and small paper loss on the face near the lower right-hand corner tells us that this National Bank Note Company Proof was originally a separate face and back that were glued together. This is another great piece in the category of paper-money related items that we have to offer in this auction.
Fr. UNL Hessler X134D $5000 Temporary Loan of 1862 Philadelphia Office of the Assistant Treasurer of the United States Extremely Fine, POC. Hessler gives the X134D number his highest rarity rating of R8, 1 to 3 known. Assistant Treasurers were authorized to receive deposits of not less than $100 for a term of not less than 30 days. In return they would issue a certificate of deposit earning 5% per annum. A red printing on the face of this certificate states the 30 day factor plus it was also payable in Legal Tender Notes. In order to get your money back you had to turn in your certificate of deposit. This resulted in the extreme rarity of these certificates. This is an unsigned and undated remainder that has kept its registry stub. It exhibits light even wear and nice color throughout. This example has an approximate three-fourths of an inch hole cancel. It was also once mounted and its removal has left glue residue and a couple of skin marks behind. Paper loss is noted at right in two places, while the lower left corner has been clipped. A couple of small edge splits are mentioned for cataloging accuracy. Nonetheless, this is a great and unusual financial instrument.
Hessler 242C Fr. 2 $5 1861 Demand Note Face Proof Essay PMG Gem Uncirculated 65 EPQ. This is a plate letter D proof printed on India paper and mounted on card stock. It has been well preserved as the dark inks and card stock can attest to. There are 6 POC at the signature lines. Hessler has documented only one 242C and this is it.
Fr. 1076a Hessler 1244E $100 1914 Red Seal Federal Reserve Note Face and Back Proofs Presentation Set Choice New. This extraordinary historical matted set consists of a $100 1914 Red Seal Richmond face, a $100 1914 back, a presentation memo, and an engraving of Labor, Plenty, America, Peace and Commerce with "final" pencilled on the back. The engraving is what the back of the $100 FRN is based upon and it is taken from a Washington, DC mural that was painted by the original recipient of these items, Kenyon Cox, the famed American painter. The presentation was done by Secretary of the Treasury William G. McAdoo on December 21, 1914. The face is a paste-up note of the design elements and shows some mucilage as a result. The back and the engraving items have remained bright. All three of these items have BEP control numbers on the back, too. This is one of the few instances where Proof notes formally left the BEP. This is a great item for the serious collector of large size.
Fr. UNL Hessler UNL Face and Back Essays for Presumably Act of December 23, 1857 Notes. These are face and back essays for proposed $20 and $50 notes. An outline for the faces was laid down on card stock. Then a plate was prepared that had the cursive writing for the payable clause, interest statement, etc. This plate was used to print these items. Next, portraits, vignettes, counters, and denominations were glued to the card stock to complete the faces. The ornate orange backs were made of India paper mounted on card stock. Slight aging is noticed on the periphery of these two essay sheets and there are a couple of corner bumps, but there are not any folds or creases on these 150 year old items. They are unlisted in the Hessler reference and could well be unique. New.
Fr. 1 $5 1861 Demand Note PMG Very Fine 25. Perfectly bold signatures are noted on this problem-free example. The paper is bright for the grade. Our records indicate that this high grade Demand Note has been off the market for almost a decade.
From The Chenango County Collection
Fr. 1 $5 1861 Demand Note PMG Very Fine 20. A common note by Demand Note standards with 107 pieces listed by Track & Price--only about a dozen of which grade higher than this solid, well signed VF 20. The note was acquired by our consignor from the September 1980 NASCA sale as lot 1056.
Fr. 2 $5 1861 Demand Note PMG Very Fine 25. PMG has noted "Split Repairs" on this bright and handsome Philadelphia District $5 Demand note. Both of the hand signatures remain deep brown and wholly legible. The splits mentioned by PMG are minor and at the outer edges only. Our consignor acquired this note at the September 1980 NASCA sale.
Fr. 2 $5 1861 Demand Note PMG Very Fine 25. Problem free examples of the 1861 Demand Notes are welcome in any grade. This piece is certainly above average with strong printed design elements, a bold "greenback" design and solid penned signatures. PMG notes, "Face Plate #4 Is a Mirror Image."
From The Chenango County Collection
Fr. 3 $5 1861 Demand Note PMG Choice Very Fine 35. This colorful example shows just a couple too many folds for the full EF grade. The delicate penned signatures remain solid. October of 2000 was the last appearance for this piece.
From The Chenango County Collection
Fr. 6 $10 1861 Demand Note PCGS Very Fine 20 APPARENT. PCGS has pointed out "Minor Restorations on Back", and they are indeed extremely minor. This nice New York District $10 Demand Note has strong signatures, excellent color, and much of the look of a higher end VF.
Fr. 7 $10 1861 Demand Note PMG Choice Fine 15 NET. PMG has correctly noted "Internal Repairs" on this boldly signed Philadelphia Demand Note Ten. A fold to the right of center has split and it's been glued shut with a substance that has aged somewhat over the years. Save for that, this is a far better looking than normal $10 Demand note--particularly for the 15 grade. Forty-three examples of this number are known according to Track & Price, only nine of which grade higher than 15. No examples above 40 have been reported. The highest third-party graded note to reach auction to date was a PMG 20, which sold for $9,775 in our April sale of the Tom Flynn Collection.
Fr. 8 $10 1861 Demand Note PMG Very Fine 30 Net. This is the third time we have handled this lovely $10 Demand Note. The first time was in January, 1997 with the Jerry Sternberg Collection and the second time was at our September 2000 auction. There are around 40 of these known today with the present note one of the highest graded in private hands. The highest graded note of this Friedberg number is a part of the permanent ANA Collection and therefore off limits to collectors. The current note also once set a record price for this Friedberg number in 2004 with a $16,675 winning bid. Tonight we will expect it to rival or even surpass that number as quality and rarity intersect with this note. The third-party label mentions restoration, but it does not discuss how minor this is, as a few small spots have been deftly repaired around the edges. Nevertheless, this is and always will remain an attractive note.
Fr. 8 $10 1861 Demand Note PMG Very Fine 25. Track & Price lists 40 examples of this Ten Dollar Boston Demand Note and has no record of any ever having been graded better than XF. PMG has noted an inconsequential split repair in the top margin which can only be found after thorough examination. The pen signatures are strong and legible, and the note has excellent color. A wholly pleasing Demand Note that has lots of aesthetic appeal.
Fr. 16 $1 1862 Legal Tender PMG Choice Uncirculated 64. Unusually large margins, beautifully bright colors, and the round serial number 300 all combine to turn this early Ace into a highly desirable potential acquisition. Collectors always like a note with a little something extra, and the round serial number is icing on the cake for an already very nice note.
Fr. 16 $1 1862 Legal Tender PMG Choice Uncirculated 64. Serial number 1500 graces this vividly colored Ace. This piece was last offered at public auction ten years ago.
From The Chenango County Collection
Fr. 16 $1 1862 Legal Tender PMG Choice Uncirculated 63 EPQ. This note was issued during the Civil War, however it remained a non-combatant, thus retaining its dark inks, sound edges, and bright paper.
Fr. 16 $1 1862 Legal Tender PMG Choice Uncirculated 63 EPQ. This is a beautiful example of our nation's first Ace. It is previously unreported, yet slips right into an uncirculated run of this Friedberg number.
Fr. 16 $1 1862 Legal Tender PMG Choice About Unc 58 EPQ. A very handsome early Ace that has excellent ink and paper color as well as clearly apparent original embossing. This nice note, which traces its history to the 1980 Memphis sale has all of the look of a Choice New example.
Fr. 16 $1 1862 Legal Tender PMG Choice About Unc 58 EPQ. Careful examination of this note fails to reveal the reason why it is not graded Gem. What it does reveal is a laundry list of Gem qualifiers, including sizeable margins, a bold overprint, and perfectly bright paper.
Fr. 16 $1 1862 Legal Tender PMG Choice About Unc 58 EPQ. A beautiful example for type, with dark colors across the entire note. A small corner fold is apparently what prevents the Choice Uncirculated grade.
Fr. 16 $1 1862 Legal Tender PMG Choice About Unc 58. This is a note that looks Choice at first glance with its bright paper and dark inks.
Fr. 16 $1 1862 Legal Tender CGA About Uncirculated 58. A small edge repair is noted at top left.
Fr. 16 $1 1862 Legal Tender PMG About Uncirculated 55. This is a handsome Ace with ideal color and solid edges. We had a PMG 58 realize almost $2200 recently and see no reason why this delightful 55 will not reach...
Fr. 16 $1 1862 Legal Tender PMG About Uncirculated 50. The colors are terrific on this flashy example of our earliest Legal Ace.
Fr. 16 $1 1862 Legal Tender PMG Extremely Fine 40 EPQ. The quality of the paper is not hidden in the holder.
Fr. 16a $1 1862 Legal Tender PMG Choice Uncirculated 64 EPQ. Bright paper and a blend of perfectly vivid printed devices give this piece the "Exceptional Paper Quality" designation. The margins are ideal on three sides and a millimeter more at bottom would have likely earned this piece a Gem grade.
From The Chenango County Collection
Fr. 17a $1 1862 Legal Tender PMG Choice Uncirculated 64 EPQ. The paper waves associated with this design are all in the right places. This piece was last offered to collectors as part of a 1998 CAA auction.
From The Chenango County Collection
Fr. 17a $1 1862 Legal Tender PMG Choice Uncirculated 63 EPQ. A near Gem example with plainly evident paper originality and terrific color. With a touch more top margin, we suspect that this pretty 1862 Single would have reached the Gem level.
Fr. 17a $1 1862 Legal Tender PCGS Very Fine 25PPQ. This attractive issue boasts pleasingly original paper that is affected by some folds, but lacks actual "wear". The colors are perfectly vivid on front and back.
Fr. 18 $1 1869 Legal Tender PCGS Very Choice New 64PPQ. Technicolor Aces always seem to be avidly pursued whatever their grade level. This 64PPQ has enough color, margins, and eye appeal to push past the normally expected Choice price level.
Fr. 18 $1 1869 Legal Tender PMG About Uncirculated 55 EPQ. This Rainbow Ace has earned the coveted EPQ modifier that is highly pursued by collectors.
Fr. 18 $1 1869 Legal Tender PMG About Uncirculated 55. This is simply a gorgeous Rainbow Ace that is well margined with a bit too much handling for a higher grade.
Fr. 18 $1 1869 Legal Tender PCGS Extremely Fine 45. The colors are quite strong on this appealing mid-grade Rainbow Ace.
Fr. 18 $1 1869 Legal Tender PMG Choice Extremely Fine 45. The colors and face margins are quite pleasing on this Rainbow Ace.
Fr. 18 $1 1869 Legal Tender PMG Choice Extremely Fine 45. Few Extremely Fine notes boast the eye appeal that this colorful and bright example exhibits. The margins are larger than usually seen, and the note has the appearance of a higher grade piece in the third party holder.
From The Chenango County Collection
Fr. 18 $1 1869 Legal Tender PCGS Extremely Fine 40. Rarely seen jumbo margins are observed on three sides of this attractive Ace.
Fr. 18 $1 1869 Legal Tender PMG Choice Very Fine 35. Each of the colors that make up this Rainbow Ace is bold and attractive. This piece certainly has the eye appeal of a much higher graded note.
Fr. 18 $1 1869 Legal Tender PMG Choice Very Fine 35. Despite a very short stint in circulation, this piece retains much of its original vivid color.
Fr. 18 $1 1869 Legal Tender PCGS Very Fine 30PPQ. Examples in this grade range with PPQ and EPQ designations are likely outnumbered, 10 to 1, by those without. This piece is a most pleasing issue with original paper and a vivid back design.
Fr. 18 $1 1869 Legal Tender PMG Very Fine 25. This Rainbow Ace lives up to its nickname with boldly contrasting colors of red, blue, and green. The green overprint on the face is unusually bold and adds considerably to the strong visual appeal of this 1869 Single.
Fr. 18 $1 1869 Legal Tender PMG Very Fine 20. This example retains much of its original color. PMG has commented that a foreign substance is on back, but has not indicated its nationality.
Fr. 19 $1 1874 Legal Tender CGA Gem Uncirculated 66. Broadly margined and original, with a bright red overprint. The note appears Superb from the front, but the back is centered a touch too high for the full Gem grade, in our opinion.
Fr. 19 $1 1874 Legal Tender PCGS Very Choice New 64PPQ. Full margins and a dark red overprint highlight this $1.
Fr. 19 $1 1874 Legal Tender PMG Choice Uncirculated 63. A remarkably well-inked note with the seal and large flourish boldly printed in bright red. Only its centering prevents a higher grade.
Fr. 19 $1 1874 Legal Tender PMG Choice About Unc 58 EPQ. A good looking, nicely margined example of this early Legal. A bit of handling toward the right margin must be the reason that PMG did not award this colorful piece a higher grade.
Fr. 19 $1 1874 Legal Tender PMG Choice Very Fine 35 EPQ. A year ago we sold a PMG 40 Fr. 19 for over $1200. You can expect this embossed VF-35 one year later to perhaps challenge that figure.
Fr. 19 $1 1874 Legal Tender PMG Very Fine 25. This example with beautiful color, ideal centering of both sides, and a bright red overprint has been off the market since our 1997 FUN sale.
From The Chenango County Collection
Fr. 20 $1 1875 Legal Tender PCGS Choice New 63. Four healthy margins are seen on this attractive 1875 Ace.
Fr. 20 $1 1875 Legal Tender PMG Choice About Unc 58 EPQ. The third party holder hides any trace of a fold that might account for the grade. The colors are ideal and the paper remains brilliant and well embossed.
From The Chenango County Collection
Fr. 20 $1 1875 Legal Tender PMG About Uncirculated 53. The red overprint on this 1875 Ace is a nice bright red as opposed to the far more commonly seen light pink.
Fr. 21 $1 1875 Legal Tender PMG Extremely Fine 40 EPQ. To date only about two dozen examples of this scarce Ace have been reported. Partial plate number 26 is seen in the broad bottom margin. The ornate red overprint retains much of its original vivid red color.
From The Chenango County Collection
Fr. 21 $1 1875 Legal Tender PMG Very Good 10. As one of the keys to the Legal Tender Ace set, this Fr. 21 is one of about two dozen examples known, with even the worst examples now worth four figures. This piece, with has solid paper, save for some pinholes, is a decent representative for the grade. PMG notes "Split Repair" on the holder, though the repair affects a split perhaps two millimeters in length. Most recently a raw VG sold for $1,610 at auction, though in our experience most raw VGs ultimately end up in "Good" holders once they are sent to third party grading.
Fr. 22 $1 1875 Legal Tender PMG Fine 12. This "Series B" issue remains quite scarce with only 21 notes reported in the census. With bright paper and a solid overprint, this piece boasts a whole lot of eye appeal for a Fine grade.
From The Chenango County Collection
Fr. 23 $1 1875 Legal Tender PMG Choice Uncirculated 64 EPQ. Were it not for a small run of uncirculated notes that appeared in the early 1990s, this issue would be an ultra rarity. As it stands now, it is still quite scarce, with only three dozen examples known extant. A similarly graded example sold a year ago this month in our 2007 Long Beach Currency Auction for $7475. This piece is certainly as nice, exhibiting margins that are similar to those we've seen on others graded Gem.
From The Chenango County Collection
Fr. 24 $1 1875 Legal Tender PMG Choice Fine 15. With only 18 known survivors, the Fr. 24 "Series D" is the scarcest of the Series 1875 Aces. The body of this note suggests a grade of VF, which would not turn away most buyers. As noted by PMG, there are some split repairs in the margins.
From The Chenango County Collection
Fr. 25 $1 1875 Legal Tender PMG About Uncirculated 50. In addition to being quite scarce with only 29 pieces reported extant, this piece also resides in the top third of that number of survivors. Only two uncirculated pieces have made auction appearances, so don't pass up the opportunity to bid on this colorful Ace.
From The Chenango County Collection
Fr. 26 $1 1875 Legal Tender PCGS Gem New 65PPQ. Bold colors are noted on this well margined Gem. In the margin on the back is a bit of red ink. The width and height of the ink leads us to believe that this is a partially offset "1875" from the face printing of another note.
Fr. 26 $1 1875 Legal Tender PCGS Gem New 65PPQ. This piece ranks in the top ten percent of the known uncirculated pieces, solely for its over-the-top color. The embossing and margins are certainly worthy of mention.
Fr. 26 $1 1875 Legal Tender PMG Gem Uncirculated 65 EPQ. Rich red color is noted on this perfectly framed Ace.
Fr. 26 $1 1875 Legal Tender PMG Gem Uncirculated 65 EPQ. The color and margins on this Fr. 26 immediately jump out at anyone familiar with this series, as being something quite outstanding. The man who formed this consignment had a terrific eye, for each of his notes, no matter what the technical grade, has the appearance that screams, "Take me home! Take me home!" This one is a truly beautiful note.
Fr. 26 $1 1875 Legal Tender PMG Choice Uncirculated 64 EPQ. Healthy margins are noticed on this colorful example that just misses the higher grade.
Fr. 26 $1 1875 Legal Tender PMG Choice Uncirculated 64 EPQ. The rich texture and original paper wave is complemented by the bold red overprint and colorful fibers.
Fr. 26 $1 1875 Legal Tender PCGS Choice New 63. A large clump of fibers is noticed on the right side when candled on this boldly printed Ace.
Fr. 26 $1 1875 Legal Tender PMG Choice Uncirculated 63. Nicely centered with fresh, vibrant colors and excellent crispness. A popular early issue that can still be affordably acquired in top grades.
Fr. 26 $1 1875 Legal Tender PMG Choice Uncirculated 63. Margins like this are more often seen on Gem examples of the issue. The colors remain bold and attractive.
Fr. 26 $1 1875 Legal Tender PMG Choice About Unc 58 EPQ. Excellent inks are found on this Ace with "exceptional paper quality."
Fr. 27 $1 1878 Legal Tender CGA Gem Uncirculated 66. This piece has a strong red overprint which contrasts very nicely with the blue anti-counterfeiting stain, which in this instance runs along the top edge of the note.
Fr. 27 $1 1878 Legal Tender PMG Gem Uncirculated 65 EPQ. An old friend that we last offered over ten years ago. It is a lovely Gem with nice centering and exceptionally bold embossing that bespeaks this note's unquestionable originality.
Fr. 27 $1 1878 Legal Tender PMG Choice Uncirculated 63 EPQ. This piece boasts all the color that would be needed for Gem, though it is centered a little too low on the face.
Fr. 28 $1 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. A little tightness at lower right is noticed on this bright, well embossed Ace.
Fr. 28 $1 1880 Legal Tender PMG Choice Uncirculated 64. The back is centered a touch too low on this otherwise perfect, Gem looking issue. Each of the colors is as vivid as it was the day the note was printed.
Fr. 28 $1 1880 Legal Tender PMG Choice Uncirculated 64. A near-Gem example with bold, bright ink colors. Fr. 28 is the scarcest by a small margin of this three number type. Fr. 30 is massively the most common with over 475 examples known. This Fr. 28 just edges out the Fr. 29 with a census of 217 vs. 230.
Fr. 28 $1 1880 Legal Tender PMG Choice Uncirculated 63 EPQ. In addition to the "Exceptional Paper Quality", this note has also earned a "Great Embossing" descriptor. The face margins are decent enough for Gem, except for a little tightness on the top right.
From The Chenango County Collection
Fr. 28 $1 1880 Legal Tender Serial Number One PMG Choice Fine 15. Most serial number "1" large size type notes have been known to collectors for generations. When new ones appear, they are almost always in the 1862 legal series where serial numbers only went to five digits. After serial number 99999 the series number was changed and the serial numbers started over with "1" again. After the earliest years of currency production, notes were produced with eight digits and a second number "1" note was not made until after 99,999,999 notes were produced. Such was the case for Fr. 28. Production was begun with serial number Z1 and continued up through twenty million. The only serial number one note to exist entered circulation and was presumed lost forever to collectors. Not so. Several years ago this well circulated note turned up, and we are pleased to offer it tonight. It's a decent Fine, in a comment free PMG 15 holder. The color is excellent for the grade and the all important serial numbers are bright red and crystal clear.
Fr. 29 $1 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Ideal front to back centering is noted on this near Gem. The margins are large enough to show a portion of the plate number at the bottom.
Fr. 29 $1 1880 Legal Tender PCGS Very Choice New 64PPQ. A handsome example of this popular Large Brown Spiked Seal Red Serial Number type.
Fr. 29 $1 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. This is a bright, fresh, and well margined example of this popular Large Brown Seal 1880 Ace. Fr. 29 is scarcer than its type-mate Fr. 30 by a margin of about two to one.
From The Chenango County Collection
Fr. 30 $1 1880 Legal Tender PCGS Gem New 66PPQ. Broad, even margins are noted on all four sides of this vividly colored Ace. The bottom margin is large enough for half of the 107 plate number to be visible. On the back, the design is bold and the embossing of the Treasury Seal is easily seen in the open area.
Fr. 30 $1 1880 Legal Tender PMG Gem Uncirculated 66 EPQ. Perfectly even margins frame this bright white Ace. The colors for each of the design elements remains as bold as the day it was printed. With a PMG 65 EPQ realizing $2127.50 in our FUN auction, expect a realization for this Ace in the neighborhood of...
Fr. 30 $1 1880 Legal Tender PCGS Gem New 65PPQ. The big brown seal is as bold as one will find for the issue. Each of the margins is sizeable for the type and the printed devices are perfect.
Fr. 30 $1 1880 Legal Tender PMG Gem Uncirculated 65 EPQ. This Bruce-Wyman signed type features the red serial numbers and big brown seal. The margins are larger than usually seen for the type and the colors are certainly bold enough for a Gem grade.
From The Chenango County Collection
Fr. 30 $1 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Plenty of embossing is noticed on this Ace that has three ample margins. The colors and paper are excellent.
Fr. 30 $1 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Wonderful color, excellent eye appeal, and decent margins all combine on this pleasing Ace.
Fr. 30 $1 1880 Legal Tender PMG Choice Uncirculated 63 EPQ. Plenty of embossing is visible on this vibrant EPQ example that displays dark inks.
Fr. 30 $1 1880 Legal Tender PCGS Choice About New 58. We detect a center fold on this boldly printed example.
Fr. 30 $1 1880 Legal Tender PMG Choice About Unc 58. This well centered $1 Legal is surrounded by four wide margins that reveal a plate number at top center.
Fr. 30 $1 1880 Legal Tender PMG About Uncirculated 55 EPQ. Light handling is difficult to locate on this well embossed Ace.
Fr. 31 $1 1880 Legal Tender PCGS Choice About New 58PPQ. A rare and underrated number in all grades with only about 130 examples known. There are only approximately 220 examples known of this seal type with the large salmon colored seal and blue serial numbers. This one is very well margined and has the appearance of an absolute Gem.
Fr. 31 $1 1880 Legal Tender PMG Very Fine 30. Embossing of the intricate seal details is visible in the open area on the back of the note. The colors are sufficiently bold for the grade.
From The Chenango County Collection
Fr. 32 $1 1880 Legal Tender PMG Very Fine 30. The paper is exceptionally bright for the grade. Broad margins and a deep brown seal add to the eye appeal.
From The Chenango County Collection
Fr. 32 $1 1880 Legal Tender PMG Very Fine 25. Traces of the original embossing are seen on this piece.
From The Chenango County Collection
Fr. 33 $1 1880 Legal Tender PMG Choice Fine 15. An even 30 examples of this Rosecrans-Nebeker signed issue are known. The big brown seal and blue serial numbers are still quite bold.
From The Chenango County Collection
Fr. 34 $1 1880 Legal Tender CGA Gem Uncirculated 67. The colors are rich and the embossing bold. According to the census, this piece comes from the middle of an uncirculated run.
Fr. 34 $1 1880 Legal Tender PCGS Choice About New 58. A broad corner fold accounts for the grade on this bright and colorful example.
Fr. 34 $1 1880 Legal Tender PMG Choice Extremely Fine 45. No visible folds are seen on this perfectly colored issue.
From The Chenango County Collection
Fr. 34 $1 1880 Legal Tender PMG Choice Uncirculated 64. The first note from a lovely cut sheet. The colors are nothing short of spectacular, and the note is very nicely margined and well centered on both sides. In spite of Fr. 34 being a relatively common number, there are no long runs of Uncirculated notes, and cut sheets are a rarity. Thirty years ago, cut sheets commanded a considerable premium, but as the price for individual notes increased dramatically, the premium for cut sheets all but dried up. Although it is being sold as four different lots, it may be advantageous to a collector to keep this nice cut sheet intact.
Fr. 34 $1 1880 Legal Tender PMG Choice Uncirculated 64. The "B" position note from this sheet is identical to the note above.
Fr. 34 $1 1880 Legal Tender PMG Choice Uncirculated 64. The "C" position note, again, is identical to those above.
Fr. 34 $1 1880 Legal Tender PMG Choice Uncirculated 64. The final note from the cut sheet, and, although graded the same, this is the one with the broadest margins.
Fr. 35 $1 1880 Legal Tender PMG Gem Uncirculated 65 EPQ. The last public auction appearance by this piece was way back in 1997. Tom Flynn's example of this note in Gem knocked at the door of the $2000 mark, which is where this nice original Ace may end up.
From The Chenango County Collection
Fr. 36 $1 1917 Legal Tender PMG Gem Uncirculated 66 EPQ. This piece is a close match to another solid serial number Legal Tender Ace offered here. Four digit serial number B2222A is one more 2 than the other piece offered.
From The Chenango County Collection
Fr. 36 $1 1917 Legal Tender PMG Gem Uncirculated 65 EPQ. Super margins and bright colors along with the PMG "Exceptional Paper Quality" comment and the Gem 65 grade should attract a few strong bids. 1917 ones are a common type, but finding one this nice is a challenge.
Fr. 36 $1 1917 Legal Tender PMG Gem Uncirculated 65 EPQ. Another ideal Gem example for the type.
Fr. 36 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. A nicely centered example with loads of evident originality, and bearing two digit serial number A36A.
From The Collection of Albert Rollins
Fr. 37 $1 1917 Legal Tender CGA Gem Uncirculated 66. This is only the third appearance of this attractive and appealing low-serial-numbered piece. E19A is one of just five low serial numbers from the E-A block. The margins are ample and the embossing of the serial numbers is easily seen on the back.
Fr. 37 $1 1917 Legal Tender CGA Gem Uncirculated 66. The embossing is easily seen through the holder on this Legal Tender Ace.
Fr. 37 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. Just a hair of bottom margin from the full Gem grade, and displaying neat serial number M200A. This piece has been off the market since it last appeared in our May, 1998 Rosemont sale.
From The Collection of Albert Rollins
Courtesy Autograph Fr. 37 $1 1917 Legal Tender. Low Serial Number. PMG Choice Uncirculated 64 EPQ. This boldly printed Legal Ace has the additional attributes of not only a neat two digit serial number of H26A but also the courtesy autograph of W. S. Elliott, the Register of the Treasury, above his facsimile signature. Just a bit more margin and this pretty souvenir note would be a full Gem.
Fr. 37 $1 1917 Legal Tender CGA Choice Uncirculated 64. Serial number M400A is seen on this Legal Ace.
Fr. 37 $1 1917 Legal Tender PMG Choice Uncirculated 63 EPQ. Solid three digit serial number M222A is noted on this fresh and original Ace. This piece is being offered for the first time in nearly a decade.
From The Chenango County Collection
Fr. 37 $1 1917 Legal Tender Star Note PMG Choice Extremely Fine 45. A little thin along the bottom margin but this Large Size replacement retains bright colors.
Fr. 37 $1 1917 Legal Tender Star Note PCGS Very Fine 30. This seven-digit serial number star has light folds and a dark red overprint.
Fr. 37a $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. A pleasing high grade example of this issue that shows the signatures of Elliott and Burke reversed. The paper is bright and clearly original.
From The Chenango County Collection
Fr. 37a $1 1917 Legal Tender PMG Very Fine 25. A very rare note with the Elliott and Burke signatures reversed. A printing plate was engraved (face plate 1519) with the signatures reversed and notes were printed before the mistake was discovered. The paper is clean and free of heavy folds. There are some minor stains in the bottom margin at the right. The note appears to be a grade higher at first look.
From The Chenango County Collection
Fr. 38 $1 1917 Mule Legal Tenders. Six Consecutive Examples. The plate letters for the notes in this lot are B-C-D-A-B-C. The notes grade PMG Choice Uncirculated 64 EPQ for the first and third notes and PMG Choice About Unc 58 EPQ for the second, fourth, fifth and sixth notes.
Fr. 39 $1 1917 Legal Tender PMG Gem Uncirculated 65 EPQ. A perfect companion to the Fr. 37 offered above which also bears serial number 200. This note was formerly in our May, 1998 sale as well, and is now housed in a PMG Gem Uncirculated 65 EPQ holder.
From The Collection of Albert Rollins
Fr. 39 $1 1917 Legal Tender PCGS Gem New 65PPQ. An attractive Ace with bright original paper and embossing seen in the open areas of the back design.
Cut Sheet of Fr. 39 $1 1917 Legal Tenders. This beautiful sheet shows varying margins resulting in grades of PCGS Choice New 63, with the A plate position note grading PCGS Very Choice New 64.
Fr. 40 $1 1923 Legal Tender PMG Gem Uncirculated 66 EPQ. A pleasing example of this one year type that maintains nice even margins and vibrant inks. Wonderful embossing is also retained which should cause some competition to acquire this beauty.
Fr. 40 $1 1923 Legal Tender PCGS Gem New 66PPQ. A handsome example with the margins and color that one would expect from a high end Gem.
Fr. 40 $1 1923 Legal Tender PMG Gem Uncirculated 66 EPQ. Nice even margins and vibrant inks highlight this one year type issue in a very desirable grade.
Fr. 40 $1 1923 Legal Tender CGA Gem Uncirculated 66. A small corner tip fold is noticed at top left, outside of the frameline.
Fr. 40 $1 1923 Legal Tender Star Note PMG Gem Uncirculated 65 EPQ. This low serial number Star has embossing so splendid that the "hollow" part of the Star in the serial number is well-defined. You can also add in Treasury Seal and large counter "1" embossing, natural paper wave, wide even margins, and bull's eye centering and you will wonder why this Star did not receive a higher grade.
Fr. 40 $1 1923 Legal Tender PMG Gem Uncirculated 65 EPQ. Extra large margins are noted on this boldly colored Gem. The embossing is as bold as it could be without breaking through the paper.
Fr. 40 $1 1923 Legal Tender PMG Gem Uncirculated 65 EPQ. A blazing Gem example of this final Large Size Legal Tender Ace. The already exceptional appearance is additionally enhanced by the three-digit serial number A229B.
Fr. 40 $1 1923 Legal Tender PMG Gem Uncirculated 65 EPQ. The fire engine red overprint is on the face, while the back plays host to the deep embossing.
Fr. 40 $1 1923 Legal Tender PMG Gem Uncirculated 65 EPQ. This fully margined Legal Tender sports low serial number A74B. The overprint is bold and the paper is certainly original. An as made paper crinkle is noted by PMG.
From The Chenango County Collection
Fr. 40 $1 1923 Legal Tender PMG Gem Uncirculated 65 EPQ. The plain-as-day embossing is easily visible in the holder and a strong contributor to the "Exceptional Paper Quality" designation from PMG. An as made paper wrinkle is visible and duly noted by PMG.
From The Chenango County Collection
Fr. 40 $1 1923 Legal Tender PCGS Gem New 65PPQ. A new to the census example, carrying low serial number A923B. A pleasing Gem for type.
Fr. 40 $1 1923 Legal Tender PCGS Very Choice New 64PPQ. Ample margins and bold embossing are seen through the third-party holder of this delightful note.
Fr. 40 $1 1923 Legal Tender PCGS Very Choice New 64. This bright note shows the perfect blend of blazing white paper and a rich red overprint.
Fr. 40 $1 1923 Legal Tender PCGS Very Choice New 64. A handsome Type Note that is tight across the bottom.
Fr. 40 $1 1923 Legal Tender PMG Choice Uncirculated 64. Nice embossing is seen through the third-party holder of this delightful note. PMG has added the accolade of "Great Color" and the deep red overprint confirms that fact.
Fr. 40 $1 1923 Legal Tender PMG About Uncirculated 55 EPQ. This note boasts EPQ status as well as the palindrome serial number A3223B. Strong embossing is very much present.
Fr. 41 $2 1862 Legal Tender PCGS Very Choice New 64. An exceptionally nice example of this early Deuce. The colors on this oft-faded type are extraordinary, and the margins very nearly support the full Gem grade.
Fr. 41 $2 1862 Legal Tender PMG Choice About Unc 58 EPQ. This type is very hard to find free of problems and with strong color. This note has none of the splits, tears, or stains associated with the type. Both the ink and paper colors are extraordinary. The 58 grade implies at least a light fold somewhere, but we are unable to spot it through the holder. The great color of this note, along with the "Exceptional Paper Quality" comment, should draw lots of attention to this early Deuce.
Fr. 41 $2 1862 Legal Tender PMG About Uncirculated 55 EPQ. A lovely Fr. 41 which is just a couple of corner folds from the full Choice New grade. This PMG graded EPQ example is a perfect way for a collector to obtain a note which has the look of a much higher grade specimen and save a couple of thousand dollars in the process.
Fr. 41 $2 1862 Legal Tender PMG Choice Very Fine 35. "Good Embossing" is noted by PMG and the paper is brilliant. The overall appearance really should have earned this note an EPQ designation.
From The Chenango County Collection
Fr. 41 $2 1862 Legal Tender PMG Very Fine 20. Each of the printed details on this piece is vivid including the overprints, giving this note the look of a high end VF. The holder makes mention of the few pinholes and minor margin tears.
Fr. 41 $2 1862 Legal Tender PMG Very Fine 20. Good color remains on this evenly circulated 1862 Deuce. PMG has noted "Margin Tears".
Fr. 41 $2 1862 Legal Tender PMG Very Good 10. PMG has remarked "Seal Faded" and that is very likely the correct conclusion for this early Deuce that appears at a glance to be a no-seal example.
Fr. 41a $2 1862 Legal Tender PMG About Uncirculated 53. Some inconsequential corner folds are noted on this attractive Deuce. PMG notes splits in the margins, though they are miniscule at best.
From The Chenango County Collection
Fr. 41a $2 1862 Legal Tender PCGS Very Good 8. This first of a kind, Serial Number One note is a true miracle of survival, and has obviously spent countless hours, days and years traveling throughout our systems of commerce. Referencing the 2005 Memphis catalog by Smythe, this note has now had four owners in the past one hundred years, two of whom have owned it for approximately seventy of those years. It can originally be pedigreed to ANA Member #187 Abe Hepner, who owned the note for the first half of the 20th Century. He sold the note in the 1950's. The note was exhibited by the second owner at the 1971 and 1972 ANA Conventions, as well as the 1973 Greater Eastern Numismatic Association show, then quietly resided within the collection of an unnamed third owner, who eventually offered the note in Smythe's 2005 sale. The note was catalogued and graded raw as a Very Good. PCGS has now encapsulated the note, and has agreed with the original assessment. Double Serial #1, along with plate position A confirms this is the top note from the first sheet printed. The note has some edge roughness and pinholes, which are the typical characteristics of a VG note. A wallet-type stain is noted on back, which gives the impression the note was folded into fourths, then tucked away, perhaps for years. While Serial Number One Nationals will typically turn up in the majority of auctions, it is miracle that a type note such as this be presented at auction. When the Legal Tender Series of 1862 was first released, the very first $1 note was indeed saved, and, according to reports, resides with the Chase Manhattan Bank of New York, most likely never to be auctioned to the public. The reasoning is simple with that note, in that Salmon P. Chase is depicted on that note, as the bank was originally named in his honor, even though he had no financial interest in the bank. This note was simply turned out into circulation with the release of the $2 Legals, which, along with the $1, were the very first denominations of their kind printed by the U.S. Government, as the Demand Note Series of 1861 released the first $5, $10 and $20 notes the previous year. As a reference, earlier this year the first 1901 $10 Legal Tender "Bison" note sold for $80,500. This wasn't the VERY FIRST $10 note ever printed by the government, mind you, but simply the first of a design. With that in mind, an estimate on such a significant item as this, the VERY FIRST $2 note, can be daunting. If historical importance and rarity are any guide, we would not be surprised to see the hammer fall in the area of...
Fr. 42 $2 1869 Legal Tender PMG Gem Uncirculated 65 EPQ. Few examples of this issue boast the broad margins seen on this note. The swath of blue is not nearly as bold as usually encountered, though the embossing, front to back centering, and vivid green back are all ideal. Additional examination shows the USUSUS watermark which is somewhat scarcer than the regular issue, and generally unrecognized.
Fr. 42 $2 1869 Legal Tender PMG Choice Uncirculated 64. This Rainbow Deuce has decent margins and strong color. Its only negative is a minor rust spot near the top center which PMG has noted on the holder.
Fr. 42 $2 1869 Legal Tender PCGS New 62. This Rainbow last made an appearance in a 2001 auction. The USUSUS watermark is easily distinguishable when candled.
Fr. 42 $2 1869 Legal Tender PMG About Uncirculated 55 EPQ. This example is printed on USUSUS watermarked paper which is a much scarcer variety though there is no differentiating census data. The colors are dazzling and the surfaces original as attested to by the "EPQ" designation.
Fr. 42 $2 1869 Legal Tender PCGS Very Fine 35PPQ. This piece is as close as a note can get to EF and still boast the overall eye appeal of a full AU. The printed details are extremely bold, the paper is bright, and the margins frame all of it just perfectly.
Fr. 42 $2 1869 Legal Tender PCGS Apparent Very Fine 25. Repaired edge tears have been noticed along the center fold on this still colorful Rainbow Deuce.
Fr. 42 $2 1869 Legal Tender PMG Very Fine 25. The swath of blue on this note is bright, though the seal is a bit on the light side. Four solid margins are also noted.
Fr. 42 $2 1869 Legal Tender PMG Very Fine 25. The wide swath of blue on this piece is particularly bold.
Fr. 42 $2 1869 Legal Tender PMG Very Fine 20 Net. Bold colors are present on this Rainbow Deuce. The PMG holder indicates "Corners Reattached", though the work was skillfully done.
Fr. 42 $2 1869 Legal Tender PMG Choice Fine 15. An attractive Rainbow Deuce that still boasts strong overall color.
From The Chenango County Collection
Fr. 43 $2 1874 Legal Tender PMG Choice Extremely Fine 45. This is a lovely Deuce that has the look of a note several grades higher. The color is excellent, too, and to that effect, PMG lists "great color" on the label. The last one of these we sold in XF brought $1380 three years ago.
Fr. 43 $2 1874 Legal Tender PMG Choice Very Fine 35. This issue is regularly commanding prices in the four figures at the VF level. The EF+ look of this piece will even add more bidding interest.
From The Chenango County Collection
Fr. 44 $2 1875 Legal Tender PMG Choice Uncirculated 64. This brightly colored Deuce boasts three perfectly even margins, and a fourth that is a little too tight for the full Gem grade.
From The Chenango County Collection
Fr. 44 $2 1875 Legal Tender PMG Very Fine 25. Fewer than 75 examples of this number are documented in Large Size census data. A "tear" mentioned by PMG is actually closer to a minor margin split.
Fr. 45 $2 1875 Legal Tender PMG Very Fine 25. In our opinion, this is the nicer of the two VF 25s listed in this auction. It is so nice, there is little wonder why it was once sold at auction as AU. The colors are exceptional and the folds that affect the grade are more like bends.
From The Chenango County Collection
Fr. 45 $2 1875 Legal Tender PMG Very Fine 25. Twenty five serial numbers are enumerated in the census for this "Series A" issue. This piece was last sold in 1998 as a full VF. It is nice and problem free.
From The Chenango County Collection
Fr. 46 $2 1875 Legal Tender CGA Gem Uncirculated 67. This is a lovely example of this scarce type. Only about 33 pieces are known, and few if any of the others have this combination of visual allure and high technical merits. The note is very well margined, with excellent centering of both sides and perfect bright colors, including the red overprint, which is often faded on this type.
Fr. 46 $2 1875 Legal Tender PMG Gem Uncirculated 66 EPQ. Quite a rare number, with Track & Price listing only 34 examples in all grades combined. This past April, we sold another PMG 66 for the exceptionally strong price of $12,650. The high bidder is now satisfied, but the underbidder remains. We suspect this piece, which is fully the equal of last Spring's note, will realize just about the same price.
Fr. 46 $2 1875 Legal Tender PMG Very Fine 20 Net. Fewer than three dozen examples of this issue are known to collectors, with this piece last offered at auction more than a decade ago. It exhibits high end VF eye appeal, though PMG has net graded this piece due to tear repairs.
From The Chenango County Collection
Fr. 47 $2 1875 Legal Tender PMG Choice Extremely Fine 45. Jumbo margins and a lack of harsh folds give this note a full AU appearance. The colors remain solid and the front to back centering is spot on.
Fr. 47 $2 1875 Legal Tender PMG Extremely Fine 40. Three light folds are seen in the usual areas. Fortunately, the printed colors and paper boost the eye appeal. The bottom margin is tight, most likely to get rid of margin damage which is noted by PMG.
From The Chenango County Collection
Fr. 48 $2 1878 Legal Tender PMG Gem Uncirculated 66 EPQ. After three years of notes flooding into PMG and PCGS, two examples of this Allison-Gilfillan signed issue have received a 66 EPQ grade. PCGS has not graded an example at this level and neither service reports any finer pieces. The colors on this note are bold and original and the appearance magnetic. A stunning piece in all respects.
From The Chenango County Collection
Fr. 48 $2 1878 Legal Tender PMG Choice Uncirculated 64 EPQ. The colors are unusually bright, the margins are broad, and the eye appeal of the note is terrific. In the previous year we have sold two PCGS 64s at $2760 each. That sounds about right for this beauty, too.
Fr. 48 $2 1878 Legal Tender PCGS Choice About New 58PPQ. This is a very pleasing example of this type, with solid embossing and ideal paper quality.
Fr. 48 $2 1878 Legal Tender PMG Choice About Unc 58. PMG has noted "Corner Repair", but through the holder, it is not on any of the four corners that we can locate. It's challenging at best to second guess the grading service, but we sure do not see the repair. The note has very good color, but the centering is a bit shaky on the face with three large margins. The bottom margin is close at the left and just touches the design at the right.
Fr. 49 $2 1878 Legal Tender PCGS Very Good 10 Net. Sixteen examples of this scarce note are known. Though one CU has been reported, its grade has not been confirmed as it has never appeared at public auction. This piece shows solid body for the grade and decent remaining color. The last two pieces to sell at auction were VFs and both pieces realized more than $30000. A Fine+ example surpassed the $5000 mark. Expect this piece to realize...
From The Chenango County Collection
Fr. 50 $2 1880 Legal Tender CGA Gem Uncirculated 66. The colors are as bold as one will find for the issue. This piece is listed in the census right in the middle of a known run of Uncirculated examples.
Fr. 50 $2 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Face plate 2 is noted in the healthy bottom margin. PMG notes "Exceptional Paper Quality," and "Great Embossing." Both attributes are easily seen in the holder.
Fr. 50 $2 1880 Legal Tender PMG Choice Uncirculated 64. A surprisingly elusive number with only a touch over a hundred examples in the census. PMG has graded four at this level with only one higher. This note is well margined and has excellent eye appeal.
Fr. 50 $2 1880 Legal Tender PMG Choice Extremely Fine 45. The folds that account for the grade are so light, they are virtually invisible in the third party holder. Add bold, original colors and this piece has all the eye appeal of a full AU or better.
From The Chenango County Collection
Fr. 51 $2 1880 Legal Tender PMG Extremely Fine 40. The folds that account for the grade are not immediately visible, giving this note an overall AU or better appearance. Vivid colors add to the overall eye appeal.
Fr. 51 $2 1880 Legal Tender PMG Very Fine 30. Few VFs boast the eye appeal that this Deuce displays. The details could not be printed any darker without losing definition.
From The Chenango County Collection
Fr. 52 $2 1880 Legal Tender PMG Choice Uncirculated 63. The left and bottom margins are a bit too tight for a higher grade on this otherwise very nice Large Brown Seal Deuce.
From The Chenango County Collection
Fr. 52 $2 1880 Legal Tender PMG About Uncirculated 55. A nice example of this popular Large Brown Spiked Seal type. It is the most common of the three numbers, making it the ideal example to represent the type.
Fr. 53 $2 1880 Legal Tender PMG Very Fine 30. The piece boasts nice original paper, though PMG notes a tear repair in the right margin. Much of the original embossing remains.
From The Chenango County Collection
Fr. 53 $2 1880 Legal Tender PMG Very Fine 20. This is a perfect example for the grade, showing even circulation while retaining its bright colors and full eye appeal. This is also a rare number in any grade, with the census standing at slightly over 40 pieces in all grades combined and that includes this note.
Fr. 54 $2 1880 Legal Tender PMG Very Good 10. Track and price lists nineteen known examples of this Rosecrans-Huston signed, large brown seal note. Our 2007 Central States Auction featured another VG graded example that realized $3450. Expect this problem-free PMG graded piece to realize...
From The Chenango County Collection
Fr. 54 $2 1880 Legal Tender PMG Very Good 8 Net. This piece was last offered at auction in 2000. Today there are only nineteen examples known to collectors, with the highest graded piece, a Gem, selling for $46,000 in 2006. Some tear repairs are noted by PMG, but we still expect this piece to exceed...
From The Chenango County Collection
Fr. 55 $2 1880 Legal Tender PMG Choice Extremely Fine 45. The body of the note is essentially uncirculated. As evidenced by the light wear on each of the corners, this piece was likely part of a pack of notes that was used as "vault cash."
From The Chenango County Collection
Fr. 56 $2 1880 Legal Tender PCGS Superb Gem New 67PPQ. Broad, even margins, bright flashy colors, ideal original paper surfaces and tremendous eye appeal all combine on this untouched, pristine 1880 Deuce.
Fr. 56 $2 1880 Legal Tender PCGS Gem New 66PPQ. Beautifully margined with bright colors, terrific centering of both sides, and original paper surfaces. PCGS has graded only four Fr. 56s above this 66 level.
Fr. 56 $2 1880 Legal Tender PMG Gem Uncirculated 65 EPQ. Ideal color, broad margins, and original embossing that can be seen through the holder, all combine on this "Exceptional Paper Quality" 1880 Legal Tender Deuce.
Fr. 56 $2 1880 Legal Tender PMG Choice About Unc 58. The more common of this two number type and a note that would grade fully Choice save for some light handling.
Fr. 56 $2 1880 Legal Tender PCGS About New 53PPQ. A broad corner fold is noted on this wholly original piece. The colors are ideal and the margins are ample on all sides.
Fr. 57 $2 1917 Legal Tender PMG Gem Uncirculated 65 EPQ. Original paper wave is easily recognizable in the holder.
From The Chenango County Collection
Fr. 59 $2 1917 Mule Legal Tender PMG Choice Uncirculated 63 EPQ. A nice original note with every Gem attribute except the top face margin, which is quite close. PMG confirms this is a fresh and original example by their Exceptional Paper Quality designation.
From The Chenango County Collection
Fr. 60 $2 1917 Legal Tender PCGS Superb Gem New 67PPQ. To this point, no Fr. 60 has been graded above this level by either of the major services, and as this type is notoriously poorly margined at the top and bottom, it is unlikely that a 68 will ever be graded. In fact, in spite of this being an extremely common number, it is the only PCGS note to yet reach this level, and there is only a single 67 as yet graded by PMG. If condition rarity is your interest, this is a note that should be seriously considered. Be prepared for some competition, since pieces like this have been in incredibly high demand of late.
Fr. 60 $2 1917 Legal Tender PCGS Gem New 66PPQ. A real beauty, with excellent margins for the issue, good original embossing and perfect color.
Fr. 60 $2 1917 Legal Tender PMG Gem Uncirculated 66 EPQ. Common up through Choice, but rarely seen as a Gem, and almost never seen as a 66. An exceptional quality example of this basic 1917 Deuce.
Fr. 60 $2 1917 Legal Tender PMG Gem Uncirculated 66 EPQ. A very common note in all grades up through Choice, but Gems, and particularly EPQ Gems, are not easily found. This is also a type with notoriously tight top and bottom margins.
Fr. 60 $2 1917 Legal Tender PCGS Gem New 65PPQ. While Fr. 60 is certainly a common number in most grades, at this grade level it becomes considerably scarcer than most collectors realize. This attractive note has earned the PPQ designation from PCGS and is every bit as nice as the similarly graded specimen which realized $833.75 in our April sale.
Fr. 61 $5 1862 Legal Tender PMG Very Good 10. Only eleven examples of Fr. 61 are known according to both the Gengerke and Track & Price census tools. This "No Series" Legal Tender Note is, in effect, Series 1 of the 72 series that were printed. Notes were numbered from 1 through 100,000 and then back to 1 again. To distinguish among serial number runs, notes were marked "Series 2," "Series 3" etc., each time a new run of 100,000 was begun. However, the first run of 100,000 was not marked, hence the existence of the very rare Fr. 61. In spite of the low grade of this piece, it's a solid rather attractive example of this rarity. Only a single high-grade example of this number exists, with all others grading under 20. The vast majority of the eleven known examples grade 6 or 8.
From The Chenango County Collection
Fr. 61 $5 1862 Legal Tender PMG Very Good 6. A second example of this rare number for the underbidders of the previous lot.
Fr. 61a $5 1862 Legal Tender PCGS Gem New 66PPQ. Track and Price indicates only one other PMG or PCGS graded 66 has been sold at public auction. That piece realized $8,625 just over two years ago in our September 2006 Long Beach auction. This piece is equally as nice with broad margins, a bold seal and serial number and perfect front to back centering. The three digit serial number makes it even more appealing. PCGS has only graded one example at this level and neither PMG nor PCGS have reported a finer graded example.
Fr. 61a $5 1862 Legal Tender PMG Gem Uncirculated 65 EPQ. The paper used to produce this issue often turned brittle and aged very quickly. As a result, truly high grade examples are extremely desirable. This piece escaped all signs of aging and boasts pleasing original paper and exquisite colors on all the design elements.
Fr. 61a $5 1862 Legal Tender PCGS Very Choice New 64PPQ. PCGS has inadvertently called this note a Fr. 62, but the back clearly carries the First Obligation. This can be corrected by PCGS easily. A wonderful example for the type that has been awarded the PPQ designation for pleasing original surfaces.
Fr. 61a $5 1862 Legal Tender PCGS Very Choice New 64. The paper on this issue is bright and original, and as fine as one will find for the type. We are at a loss as to why this well embossed note did not garner a PPQ designation.
Fr. 61a $5 1862 Legal Tender PMG Choice Extremely Fine 45 EPQ. This attractive $5 has ideal color and embossing. It is incorrectly labeled as a Friedberg 62, when in reality it is a Fr. 61a.
Fr. 61a $5 1862 Legal Tender PMG Very Fine 25 Net. This bright example is certainly worthy of a full VF grade, based just on eye appeal. PMG notes the top margin was rebuilt. While we agree that something is going on there, the work is so exceptional, even most dealers would miss it.
From The Chenango County Collection
Fr. 62 $5 1862 Legal Tender PMG Choice Fine 15. This piece is listed in the census as a VF, and there is little wonder why, the paper has the look of that higher grade, and the colors add to the appearance.
From The Chenango County Collection
Fr. 63 $5 1863 Legal Tender PMG Choice Uncirculated 64. Nice margins and excellent color highlight this scarcer early Five. About 170 Fr. 63's are known compared to over 600 Fr. 61a's. This is not a number that is very often encountered in top grade, and this one is a real beauty.
Fr. 63 $5 1863 Legal Tender PMG Very Fine 25. Last appearing in our 2003 Cincinnati sale, where our description read, "The margins are irregular, but they touch the design only at the left end of the face. The red seal has faded a bit on this perfectly natural, otherwise-problem-free example." PMG has now concurred with our grade assessment of Very Fine.
Fr. 63 $5 1863 Legal Tender PMG Fine 12 Net. The paper is pleasing for the grade, though PMG notes split repairs. They do not detract from the overall appearance which is better than we've seen of many VFs.
From The Chenango County Collection
Fr. 63a $5 1863 Legal Tender PMG Gem Uncirculated 65 EPQ. This perfectly original Gem has received the two highly positive comments from PMG, "Exceptional Paper Quality" and "Great Embossing." Both comments attest to its originality.
From The Chenango County Collection
Fr. 63a $5 1863 Legal Tender PMG Choice Uncirculated 64. PMG has commented "Great Embossing" on the back of this Choice Uncirculated 64 third party holder. The margins are terrific as is the color, and the "great embossing" is certainly an accurate comment as it is very plainly visible through the holder. This one looks like it would equally be at home in a 65 holder.
Fr. 63a $5 1863 Legal Tender CGA Choice Uncirculated 63. The usual centering issues do not affect this very bright early $5 Legal Tender. Plenty of embossing and original paper surfaces add up to a note with excellent eye appeal. A small margin tear is noted at the bottom left.
Fr. 63b $5 1863 Legal Tender PMG Choice About Unc 58. This is a better Friedberg number for this design and one we have not offered in two years. This example exhibits plenty of embossing and nice color.
Fr. 63b $5 1863 Legal Tender PMG Choice Very Fine 35. "Great Embossing" is mentioned on the holder, though we will make an argument for original paper quality as well. The printed design details and overprint are vivid.
From The Chenango County Collection
Fr. 64 $5 1869 Legal Tender PMG Choice Uncirculated 64 EPQ. A lovely Rainbow Five, which certainly appears to have earned its third-party 64 EPQ grade. The colors are terrific and the centering wonderful.
Fr. 64 $5 1869 Legal Tender CGA Choice Uncirculated 64. The note appears to be original when viewed through the holder.
Fr. 64 $5 1869 Legal Tender PMG Choice Uncirculated 63 EPQ. The wholly original paper quality is easily seen in the holder, including two very well embossed serial numbers. The colors are solid for the issue and the margins are jumbo on three sides.
From The Chenango County Collection
Fr. 64 $5 1869 Legal Tender PMG Choice About Unc 58 EPQ. Attempting to locate a grade limiting factor on a Choice looking note as beautiful as this is futile. The colors are as bold as one would want or expect from a note with a "Rainbow" nickname.
Fr. 64 $5 1869 Legal Tender PMG Choice About Unc 58 EPQ. A soft, broad corner fold seems to be the reason this lovely and deeply inked Rainbow $5 was assigned the grade. If fresh, original material is what you seek, this is the note for you. This is also printed on the USUS watermarked paper.
Fr. 64 $5 1869 Legal Tender PMG Choice About Unc 58. Nice margins and decent centering are noticed on this $5 Rainbow Pioneer that is quite colorful. After careful examination, a light corner fold is found as the grade limiting factor.
Fr. 64 $5 1869 Legal Tender PMG Choice Extremely Fine 45. This Rainbow Woodchopper is solid for the grade and exhibits effectively why this series of Legals has always been called "Rainbows." The medley of blue, green, and red ink was a counterfeiting deterrent in 1869, but today it is a collector magnet.
Fr. 64 $5 1869 Legal Tender PMG Very Fine 25. This is a nice mid-grade Rainbow Woodchopper with even wear and nice margins.
Fr. 64 $5 1869 Legal Tender PMG Choice Fine 15 Net. This Rainbow has all the appearance of a VF, including solid colors, and a bold central vignette. PMG notes "Repaired" on the holder. We could not locate the repair.
Fr. 65 $5 1875 Legal Tender PMG Very Fine 25. Sixty examples of this Woodchopper issue are reported, a fairly small number given how many new collectors are chasing after large size notes. This piece is very appealing for the grade and should garner...
From The Chenango County Collection
Fr. 66 $5 1875 Legal Tender PMG Extremely Fine 40. Just over twenty examples of this issue are known to collectors, with only two CU graded examples reported by PMG and PCGS. No single fold can be located through the holder. The colors are ideal and with full margins on each side, this piece has the eye appeal of a Choice CU piece.
From The Chenango County Collection
Fr. 66 $5 1875 Legal Tender Very Fine. Here is another opportunity for a lucky collector to secure a tough "Series A" Woodchopper. Just over 20 examples are enumerated in various census data.
Fr. 67 $5 1875 Legal Tender PMG Gem Uncirculated 65 EPQ. PMG has awarded this 1875 Five Dollar Legal two highly positive comments: "Exceptional Paper Quality" and "Great Embossing"--outstanding color could have also been added to that list, as this "B" series $5 note has a brighter overprint than on any example that we can recall. This one sure looks to us like it could just as easily have gone into a 66 holder.
Fr. 67 $5 1875 Legal Tender PMG Choice About Unc 58 EPQ. This scarcer Series B note is boldly embossed, fully original, and has rich colors throughout. It is difficult to determine through the holder the exact reason this lovely piece did not receive a higher grade.
Fr. 67 $5 1875 Legal Tender PMG About Uncirculated 55 EPQ. The estimate for this example may still be a little conservative as our last floor auction in April had a PCGS 55 go for $1380 on a $700 estimate.
Fr. 67 $5 1875 Legal Tender PMG About Uncirculated 55. Each of the color components that make up the design is vivid. PMG notes an internal tear repair, though we can only locate a paper inclusion on back.
From The Chenango County Collection
Fr. 67 $5 1875 Legal Tender PMG About Uncirculated 55. The nice margins of this Series B Woodchopper reveal a plate number at bottom center.
Fr. 68 $5 1875 Legal Tender PMG Gem Uncirculated 65 EPQ. Our records indicate the last PMG or PCGS graded 65 was sold at auction well over two years ago. This piece is well margined with color only seen on the best examples for the type.
Fr. 68 $5 1875 Legal Tender PMG Choice Uncirculated 64 EPQ. This gorgeous issue is characterized by its small-red, with-rays seal. The paper on this particular note is exceptional as noted by PMG and the color is just as nice.
From The Chenango County Collection
Fr. 68 $5 1875 Legal Tender CGA Choice Uncirculated 64. This is a new note for the census, but it fits squarely within an uncirculated run near the end of the issue. Embossing and natural paper surfaces are characteristics of this early Woodchopper that possesses excellent eye appeal. The last 64 we sold was in September 2007 and it went for $1840.
Fr. 68 $5 1875 Legal Tender CGA Choice Uncirculated 64. This is a new note for the census and it is one of three that we have in this auction that are consecutive. This $5 has great color and embossing.
Fr. 68 $5 1875 Legal Tender CGA Choice Uncirculated 64. "Bright and great looking, the 100% original beauty would be a perfect Gem with just a tiny bit more top margin. As it lays, it's at the very high end of Choice." This was our description from our 1998 Rosemont sale, as a group of notes are now, ten years later, reappearing on the market.
Fr. 68 $5 1875 Legal Tender CGA Choice Uncirculated 63. This Woodchopper is from a small run that has provided several of the unc notes which survive today. This note is also a new addition to the census. Bold overprints are noticed along with nice margins on this example.
Fr. 69 $5 1878 Legal Tender PCGS Gem New 66PPQ. The highest graded note by either of the two major companies to reach the auction block to date was another PCGS 66, which we sold in September 2006 for $3,680. This note approaches perfection with great color, broad even margins, and strictly original paper surfaces.
Fr. 69 $5 1878 Legal Tender PMG Gem Uncirculated 65. This is the third auction appearance in nearly twenty years for this colorful note. Each and every time, it has been grade Gem. The colors are exceptional, as are the margins. Embossing is even noted on the back.
Fr. 69 $5 1878 Legal Tender PMG Choice Uncirculated 63. The "Great Color" comment from PMG is certainly no understatement.
From The Chenango County Collection
Fr. 69 $5 1878 Legal Tender PMG About Uncirculated 55 EPQ. This EPQ $5 is a little nicer than the PMG 53 example of this Friedberg number that we sold last September for $1265.
Fr. 70 $5 1880 Legal Tender PCGS Gem 65 EPQ. A scarcer Friedberg number with this colorful note grading full Gem, making it one of the nicest notes graded by either service. PMG has graded a pair at this level with one higher. This is the lone example graded this high by PCGS.
Fr. 70 $5 1880 Legal Tender PMG Very Fine 25. Rich red serial numbers and a bold brown seal are noted on this Woodchopper. Just more than two dozen examples are known with the Scofield-Gilfillan signature combination.
From The Chenango County Collection
Fr. 71 $5 1880 Legal Tender PMG Gem Uncirculated 65 EPQ. A perfect blend of colors, embossing, and wholly original paper is noticed on this Gem.
From The Chenango County Collection
Fr. 71 $5 1880 Legal Tender PCGS Very Choice New 64PPQ. Fantastic embossing is easily noticed through the holder on this Pioneer note, which just misses Gem by the lower right margin.
Fr. 71 $5 1880 Legal Tender PMG Choice Uncirculated 64. This piece is once again being offered to collectors after being off the market for ten years. The embossing remains bold and the color, especially the big brown seal is vivid.
From The Chenango County Collection
Fr. 71 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Just under 100 examples of this Friedberg number are known, most of which, surprisingly, are in high grade. This lovely cut sheet, which is being offered as four individual lots, is as pretty as any group of these that we've seen. The colors and freshness give the impression of notes that have just left their original pack. This "A" position note from the cut sheet has an overly large top margin, but is a little sparse at the bottom right, which appears to be all that limited the grade from full Gem.
Fr. 71 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The "B" position note is identical to the example above.
Fr. 71 $5 1880 Legal Tender PMG Choice Uncirculated 63 EPQ. The bottom margin strays a bit closer on this "C" position note limiting the grade to 63. Visually, it's every bit as appealing as its sheetmates.
Fr. 71 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The best centered of the four notes from this sheet is this final "D" position example. It appears to our eye that the Gem grade might have been in order for this one.
Fr. 72 $5 1880 Legal Tender PMG About Uncirculated 55. Just a light diagonal fold is seen on this beauty along with a trace of handling. The inks are deep on this example that is cut in a bit too close on the bottom.
Fr. 72 $5 1880 Legal Tender PMG About Uncirculated 53. "States" and "Dollars" produce deep embossing on the back.
Fr. 72 $5 1880 Legal Tender PMG Very Fine 30 EPQ. The wholly original paper and vivid colors earned this piece an "EPQ" qualifier.
From The Chenango County Collection
Fr. 73 $5 1880 Legal Tender PCGS Gem New 65. Bold embossing graces this handsome Woodchopper with nice sharp corners and perfect color.
Fr. 73 $5 1880 Legal Tender CGA Choice Uncirculated 64. Last appearing as Lot 1440 in our 1998 Rosemont sale, where we described it, "Bright and strictly original, this pretty note with its large red plain seal and blue serial numbers is a scarcer type with lots of eye appeal."
Fr. 73 $5 1880 Legal Tender PMG Choice Uncirculated 63. Even through the holder, the paper texture looks ideal. There is a bit of discoloration as noted by PMG that is seen on back.
From The Chenango County Collection
Fr. 74 $5 1880 Legal Tender PMG Choice About Unc 58 EPQ. A small corner fold keeps this from Uncirculated. PMG does add an additional comment on back besides EPQ, "Great Embossing", which can easily been seen through the holder.
Fr. 74 $5 1880 Legal Tender PMG Choice About Unc 58 EPQ. A tiny corner tip bend accounts for the grade on this Woodchopper. The finely detailed seal is well embossed, revealing the intricate details on the back of the note.
Fr. 74 $5 1880 Legal Tender PMG Choice About Unc 58. The large, ornate seal is so well embossed that it is easily seen on the back of the note. A lack of an obvious fold gives this piece a great overall appearance.
From The Chenango County Collection
Fr. 75 $5 1880 Legal Tender PMG Very Fine 30. Much of the original embossing is present on this piece. The current census shows only 25 serial numbers, with the last appearance by this piece occurring back in 1998.
From The Chenango County Collection
Fr. 76 $5 1880 Legal Tender PMG Very Fine 30. Moderate circulation is seen on this Woodchopper.
From The Chenango County Collection
Fr. 76 $5 1880 Legal Tender PCGS Very Fine 25. Some of the original embossing is still visible in the open portions of the design on back. The colors are still bright for the grade.
Fr. 76 $5 1880 Legal Tender PMG Very Fine 25. The salmon colored seal remains bold on this lightly circulated piece.
From The Chenango County Collection
Fr. 77 $5 1880 Legal Tender PMG Choice Extremely Fine 45. The folds that account for the grade are virtually invisible in the holder.
From The Chenango County Collection
Fr. 78 $5 1880 Legal Tender PMG Fine 12. This rare Woodchopper was last offered at auction in 1997. Currently a total of thirty eight examples of this Rosecrans-Nebeker signed issue are known to collectors.
From The Chenango County Collection
Fr. 79 $5 1880 Legal Tender PCGS Very Choice New 64PPQ. Bold embossing of the Treasury Seal is found on this tougher Woodchopper.
From The Chenango County Collection
Fr. 79 $5 1880 Legal Tender PMG Choice Uncirculated 64. Punch through embossing of almost all the design elements is noted on this Woodchopper.
Fr. 79 $5 1880 Legal Tender PMG Choice About Unc 58 EPQ. Bright white paper, deep blue serial numbers, a vermilion Treasury Seal, and a dark green back form the aesthetic eye appeal of this embossed note.
Fr. 80 $5 1880 Legal Tender Cut Sheet of Four PMG 66 EPQ, 58 EPQ, 66 EPQ, and 58 EPQ. All four notes have an absolutely superb appearance, and are perfectly matched for eye-appeal. The A and C examples, are near technical perfection, and both are graded 66 EPQ. The B and D notes, while equal to the other two in eye appeal, have just a bit too much corner handling to qualify as Uncirculated in PMG's opinion. All four notes are encapsulated in the same holder (roughly the size of Rhode Island).
Fr. 80 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Great paper originality is easily seen on this 1880 Five. With slightly more top margin, this handsome piece would be a full Gem.
Fr. 80 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The face design is centered a touch too low for Gem.
From The Chenango County Collection
Fr. 81 $5 1880 Legal Tender PMG Gem Uncirculated 66 EPQ. A scarce note in this grade, with PMG having certified only four Fr. 81's in Gem Uncirculated 66 EPQ, with only two pieces graded higher. This is a screamingly original well centered beauty, with PMG commenting "Exceptional Paper Quality, Great Embossing" on the holder.
Fr. 81 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The embossing is so prominent on this Woodchopper that individual stars in the Treasury Seal stand out.
Fr. 81 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The margins are ever-so-close to being worthy of a full Gem grade.
From The Chenango County Collection
Fr. 81 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. This note comes from an uncirculated run of this Friedberg number. It has natural paper ripple and deep embossing.
Fr. 81 $5 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. This original $5 sports bold embossing that includes a finely detailed Treasury Seal.
Fr. 82 $5 1880 Legal Tender PMG Choice Uncirculated 64. The large face design rarely allowed for margins as large as the ones exhibited on this piece. With fewer than fifty survivors known, expect this piece to exceed...
From The Chenango County Collection
Fr. 83 $5 1907 Legal Tender PMG Choice About Unc 58 EPQ. A bend on the upper left corner keeps this note from a full uncirculated grade.
From The Chenango County Collection
Fr. 84 $5 1907 Legal Tender PMG Choice Extremely Fine 45 EPQ. The most common 1907 Woodchopper outnumbers this Vernon-McClung issue by about 20 to 1. This piece is a perfect two fold note with plenty of eye appeal and originality.
From The Chenango County Collection
Fr. 85 $5 1907 Legal Tender CGA Gem Uncirculated 66. Broad margins, and bright colors highlight this somewhat scarcer 1907 Pioneer Five.
Fr. 85 $5 1907 Legal Tender PCGS Very Choice New 64PPQ. Terrific color and obvious deep original embossing combine on this near-Gem Pioneer Family Five.
Fr. 85 $5 1907 Legal Tender PMG Choice Uncirculated 64. "Great Embossing & Color" are noted by PMG, though it was not quite enough to earn a full EPQ designation.
From The Chenango County Collection
Fr. 85 $5 1907 Legal Tender Cut Sheet. This is a lovely cut sheet with the A note grading PCGS Choice About New 58, the B note New 62, the C note Choice New 63, and the D note Very Choice New 64.
Fr. 85 $5 1907 Legal Tender PMG About Uncirculated 55 EPQ. A corner tip bend is noted on this otherwise perfectly original and fully uncirculated piece.
From The Chenango County Collection
Fr. 85 $5 1907 Legal Tender Cut Sheet. The first two notes of this cut sheet are well embossed. All four notes have a rich red overprint and nice margins. The A note grades PCGS About New 53PPQ, the B note grades Choice About New 58PPQ, the C note grades Gem New 65, and the D note grades Very Choice New 64.
Fr. 85 $5 1907 Legal Tender PMG Gem Uncirculated 65 EPQ. The red overprint is flashy and brilliant on this less common number of 1907 Fives. The margins are also exceptional, and the note looks like it would have been equally at home in a 66 holder. A very nice note.
Fr. 85 $5 1907 Legal Tender PMG Gem Uncirculated 65 EPQ. Consecutive to the above, and identical in every respect.
Fr. 86 $5 1907 Legal Tender Choice About New. This is the scarcest Woodchopper with the added red "V" counter to the face. It is nicely centered and the inks are dark. It is a beautiful, natural note with a counting crinkle. This Friedberg number is on many want lists as it does not trade too often.
Fr. 86 $5 1907 Legal Tender PMG Choice Extremely Fine 45 Net. This AU looking note has a small scuff on back, which is what we assume was PMG's reason for noting an erasure and discoloration. Regardless, it is hardly a distraction.
From The Chenango County Collection
Fr. 86 $5 1907 Legal Tender PMG Very Fine 30. A total of fifty seven examples are known of this scarce Woodchopper, making it the scarcest of the Series 1907 $5s. This piece is an above average VF, with vivid colors.
From The Chenango County Collection
Fr. 88 $5 1907 Legal Tender PMG Gem Uncirculated 66 EPQ. This exquisite Serial Number H15 specimen was first sold in a 1999 CAA auction as part of a cut sheet. The paper is bright and original with a vivid red overprint. Bold embossing is clearly evident when the note is viewed from the back.
Fr. 88 $5 1907 Legal Tender PMG Gem Uncirculated 66 EPQ. Only two finer pieces have been graded by PMG. This piece boasts low serial number H80.
From The Chenango County Collection
Fr. 88 $5 1907 Legal Tender PMG Choice Uncirculated 64 EPQ. An attractive, well embossed piece with margins a touch too tight for a full Gem grade.
Fr. 88 $5 1907 Legal Tender PMG Choice Uncirculated 64 EPQ. An attractive note, this one with fully original embossing.
From The Chenango County Collection
Fr. 88 $5 1907 Legal Tender PMG Choice Uncirculated 64. Bright paper is noted on this Teehee-Burke combination Woodchopper.
Fr. 89 $5 1907 Legal Tender PMG Extremely Fine 40 EPQ. One of only two Friedberg numbers that currently have less than 100 examples in the 1907 series (the other is Fr. 86). The first impression of this note is one of a much higher grade. Blazing red ink definitely stands out as well.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PCGS Choice About New 58PPQ. This boldly embossed Woodchopper carries the engraving error where "PUBLIC" was mistakenly engraved "PCBLIC" on line six of the obligation clause that is posted on the back. This well known engraving error is best seen with a magnifying glass. This is the plate letter A note of a cut sheet of these errors in this auction.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PCGS Choice About New 58PPQ. This is the plate letter B note of a cut sheet of this engraving error. Treasury Seal embossing shows many details.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PCGS Choice About New 58PPQ. Once again the embossing is pronounced on this C plate letter note from a "PCBLIC" engraving error cut sheet.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PCGS Choice About New 55PPQ. This is the final note from the cut sheet of this "PCBLIC" engraving error. Like its attractive former sheet siblings above, it has original paper surfaces and embossing.
Fr. 91 $5 1907 Legal Tender PCGS Very Choice New 64PPQ. The embossing is so bold that the fine and intricate details in the Treasury Seal are easily seen on the back. Vivid red color is noted for the overprint.
Fr. 91 $5 1907 Legal Tender PMG Choice Uncirculated 64 EPQ. This piece has been off the market since 1997.
From The Chenango County Collection
Fr. 91 $5 1907 Legal Tender PCGS Very Choice New 64. Cherry red color is seen on the overprint and contrasts nicely against the bright white paper.
Fr. 91 $5 1907 Legal Tender Note "PCBLIC" Error PMG Choice About Unc 58 EPQ. A lone centerfold is noted on this wholly original and attractive Woodchopper with the "PCBLIC" error.
Fr. 91 $5 1907 Legal Tender PMG Choice About Unc 58 EPQ. This piece is as well margined as a number of the Choice examples in this auction.
From The Chenango County Collection
Fr. 91/92 $5 1907 Legal Tender Changeover Pair PMG About Uncirculated 55/45. "PCBLIC" Error on Fr. 92. It has been three years since we offered a Fr. 91/92 Changeover pair. At that time we were only aware of two such changeover pairs in existence, one of which was a reverse pair. Each of the notes is gorgeous, with great color and the look of a far higher grade in the holder. PMG has noted that the Fr. 92 has the "PCBLIC" Error engraving on back, to add some sparkle to this rare set.
Three Consecutive "PCBLIC" Error Fr. 91 $5 1907 Legal Tender PMG About Uncirculated 55. Three consecutive "PCBLIC" error engraving notes, all graded 55 by PMG.
Fr. 92 $5 1907 Legal Tender PCGS Gem New 66PPQ. This is an extraordinary note in all respects. Fr. 92 (the last of the $5 Legals) is a scarce but not a terribly rare Friedberg number until one reaches the top tier of the uncirculated grades, where the population becomes listed in single digits. By Gem New 65, the population graded by each service shrinks to one note for each service, and by the time the grade of Gem New 66 is reached the number again comes up as one for each service, with this the sole example to reach that grade from PCGS. This is a notoriously ill margined Friedberg number, but this specimen has as much margin on both the top and bottom as any Fr. 92 we've ever seen. The back centering is well nigh perfect, and the note is blazingly original and perfectly printed. It also contains the "PCBLIC" engraving error on the reverse, which is noted on the PCGS holder. The whereabouts of the other Fr. 92 which has been graded 66 (by PMG) is unknown, and, according to Track & Price, neither of the two graded 65 examples have crossed the auction block either. The only comparison we can come up with is the PMG 64 (a note which is truly worlds away from this example in desirability) which sold for $2990 in our Central States sale. If that sale is any guide, expect this "Finest Known" specimen to easily reach and perhaps well exceed our likely conservative estimate of...
Fr. 92 $5 1907 Legal Tender "PCBLIC" Error PMG Choice Uncirculated 64 EPQ. A very high grade example of this popular engraving error.
From The Chenango County Collection
Fr. 92 $5 1907 Legal Tender "PCBLIC" Error PMG About Uncirculated 55. This error is more commonly seen on the Fr. 91 issue. The colors on this piece contrast perfectly against the white paper.
From The Chenango County Collection
Fr. 93 $10 1862 Legal Tender PMG About Uncirculated 55. This early Ten has ideal colors of both the paper and inks and super eye appeal. The paper surfaces are strictly original and the note shows plenty of fresh embossing from the pressure of the plates. The margins are clear of the frame line all the way around on the face and the back centering is perfect, too. This is one of the nicer examples we have seen of this elusive 1862 type, no matter what the technical grade is. April 2008 saw us auction a PMG 53 for $6900 and this nicer note has the ability to advance higher.
Fr. 93 $10 1862 Legal Tender PMG Very Fine 20 Net. The split and tear repairs noted by PMG were professionally executed and as a result, they do not affect the eye appeal in a significant way. Each of the design elements remains bold.
From The Chenango County Collection
Fr. 95 $10 1863 Legal Tender PMG Very Fine 20. Originally offered as part of the Hubbard Collection in our 2003 Cincinnati sale, where we described, "Bright colors, decent margins and no flaws highlight this early Ten from the Hubbard Collection."
Fr. 95b $10 1863 Legal Tender PMG Very Good 10 Net. This piece has the body of a full Fine note, though it has been netted down due to tear repairs. The repairs are invisible in the holder, and a few minor splits are still open, leaning more towards an original look.
From The Chenango County Collection
Fr. 96 $10 1869 Legal Tender PCGS Very Choice New 64PPQ. A solid, problem-free Rainbow Ten that comes right up to the edge of the full Gem category. The 64 grade was likely assigned as the back design was printed low, although it is free of the edge. The colors are terrific, and the face margins would qualify the note for 66.
Fr. 96 $10 1869 Legal Tender PMG Choice Uncirculated 63 EPQ. Brilliant rainbow colors highlight this Exceptional Paper Quality Rainbow Ten. If the right face margin were a touch broader, we suspect this note would have garnered the full Gem grade.
Fr. 96 $10 1869 Legal Tender PMG About Uncirculated 55. A soft fold must be lurking somewhere on this gorgeous Rainbow Sawbuck, because the margins, colors, and eye appeal would all support at least the Choice grade.
Fr. 96 $10 1869 Legal Tender PMG Very Fine 20. The moderate circulation that accounts for the grade did not affect the brilliant colors on this Rainbow. The swath of blue, the seal, and the serial numbers are all vivid.
From The Chenango County Collection
Fr. 99 $10 1878 Legal Tender PMG Choice Uncirculated 64. The last PMG 64 of this better Friedberg number at auction brought almost $9600 in March 2007 and in April 2008 we sold a PMG 55 for $7187. This handsomely preserved example is well centered within four wide margins.
Fr. 101 $10 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The first note from a brilliantly colored cut sheet, all of which have graded an identical PMG 64 EPQ. Unusually, this "A" position note has a larger bottom than top margin. The slightly narrow top is likely what limited this incredibly fresh piece to the 64 grade. Save for centering, it has the appearance of a Superb Gem. Fr. 101 is a rather scarce number with only 41 pieces listed in Track & Price. The highest grade note from either of the two major services yet to reach auction, was a PMG 55, which we sold as part of the Tom Flynn Collection in April. That piece realized $1955. These gorgeous 64 EPQ notes will each very likely top...
Fr. 101 $10 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. A drop better centered than the above, but otherwise identical.
Fr. 101 $10 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Identical to the "B" note in the previous lot.
Fr. 101 $10 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The final note on this cut sheet. The bottom margin is extremely generous, but the top margin comes close at the top left.
Fr. 102 $10 1880 Legal Tender CGA Gem Uncirculated 65. Bright white paper provides a great canvas for the deeply printed design. The embossing is still visible in the holder.
Fr. 102 $10 1880 Legal Tender PMG Very Fine 25. Rich colors are noted on both sides of this evenly circulated Jackass.
From The Chenango County Collection
Fr. 103 $10 1880 Legal Tender PMG Choice About Unc 58 EPQ. This $10 is in the census as a Gem and it comes from an uncirculated run of like-minded notes. Our offering tonight has bright colors, bold embossing, and right on the money centering. In January 2008 we sold a PMG 55 for $1725. You can expect this "Gem AU" note to certainly top that.
Fr. 105 $10 1880 Legal Tender PMG Choice Fine 15. This is a very scarce number, with only 59 examples known in all grades combined. Pinholes are noted, however are typical at this grade level.
Fr. 105 $10 1880 Legal Tender PMG Choice Fine 15. This piece is new to the census which still stands at fewer than 60 pieces extant. The last appearance of this note on the market was back in 2000.
From The Chenango County Collection
Fr. 106 $10 1880 Legal Tender PCGS Gem New 66PPQ. PMG has graded only two Fr. 106s at this level and none higher. The eye appeal is exceptional with its colorful inks and nice centering.
Fr. 106 $10 1880 Legal Tender PMG Gem Uncirculated 65 EPQ. This Large Orange Seal Blue Serial Number Jackass Ten has readily apparent original embossing, excellent centering and color of the inks and papers that is nothing short of spectacular. It's one of the most visually attractive examples of this scarce type that we have encountered, and it will likely generate considerable activity as it crosses the auction block.
Fr. 106 $10 1880 Legal Tender PMG About Uncirculated 53. Nice paper and vibrant colors highlight this scarce Friedberg number that has two light folds.
Fr. 106 $10 1880 Legal Tender PMG Choice Very Fine 35. We sold a similarly graded example in our last Long Beach Auction for $862.50. With that in mind, this boldly colored example should easily reach...
Fr. 107 $10 1880 Legal Tender PCGS Gem New 66PPQ. Neither PCGS nor PMG has graded a single note of this Friedberg number higher as of this writing. This is a stunning PPQ note with its large red Treasury Seal, dark inks, full margins and embossing.
Fr. 107 $10 1880 Legal Tender PMG Very Fine 30. Rarely will one find a seal as bright on a moderately circulated note. The salmon colored seal adds tremendously to the appearance of this already attractive piece.
Fr. 108 $10 1880 Legal Tender PMG Choice About Unc 58 EPQ. The last two examples of this issue that we sold in AU passed the $2000 mark. Expect more of the same from this perfectly original and perfectly colored issue. One will be hard pressed to find a richer brown seal on any other example of this type.
Fr. 108 $10 1880 Legal Tender PMG Choice Extremely Fine 45. Fr. 108 is essentially a one-number type, as its type-mate, Fr. 109, is represented by only two known examples. This one is as nice as any Extremely Fine that is ever likely to come around, with huge face margins, and bright ideal colors. We have always found this to be a particularly striking note, with its large chocolate-brown seal and contrasting dark blue serial numbers. Although over 150 examples are known, very few can equal the visual allure of this note.
Fr. 108 $10 1880 Legal Tender PMG Choice Fine 15. This piece was last available to collectors in 1998. The paper is solid for the grade.
From The Chenango County Collection
Fr. 111 $10 1880 Legal Tender PMG Very Fine 30. The population figures for this Friedberg number are split roughly in half between uncirculated and circulated notes. This makes our mid-grade offering the perfect candidate for the type set collector on a budget.
Fr. 112 $10 1880 Legal Tender PCGS About New 53. An attractive example that boasts all the eye appeal of a fully uncirculated note. In the holder, it is not readily apparent what limits the grade to AU. The colors are most pleasing.
Fr. 114 $10 1901 Legal Tender PMG Choice Extremely Fine 45. This pleasing Bison is well margined and nicely centered and also displays good color and plenty of eye appeal. It has the added attraction of the neat, low four-digit serial number 1733.
Fr. 114 $10 1901 Legal Tender PMG Very Fine 30. This is the first Bison Friedberg number and it is over five times scarcer than the last number for this design...but the price will not be five times as much.
Fr. 115 $10 1901 Legal Tender PCGS Choice New 63PPQ. A lovely Bison, with original paper surfaces, good embossing, broad margins and nice color. It's also a scarce Friedberg number which has a population of 64 examples listed in the Track and Price census.
Fr. 115 $10 1901 Legal Tender PMG About Uncirculated 50. The Lyons-Roberts signature combination is the scarcest on any Bison issue. Currently the Fr. 115 is outnumbered by the most common number, the Speelman-White, by a factor of 20 to 1. This piece is an excellently margined example with all the eye appeal of a full Gem.
Fr. 115 $10 1901 Legal Tender PMG Choice Fine 15. This is a much scarcer Friedberg number, with this example sporting even circulation.
Fr. 117 $10 1901 Legal Tender PMG Very Fine 30 EPQ. As the second scarcest of the Bisons, this Friedberg number rarely goes unnoticed at auction. The red overprint complements the devices.
Fr. 117 $10 1901 Legal Tender Fine-Very Fine. This example has all the eye appeal of a full Fine, just not enough body to quite get there. Regardless, it is a perfect, problem free example with a bright overprint and strong central vignette.
Fr. 118 $10 1901 Legal Tender Extremely Fine. A lovely raw Bison with deep original embossing, bright clean paper, and perfect color. We understand the economic benefits of the rush to grading, but we still very much enjoy touching and seeing raw notes. This one is just what most collectors like, a pristine EF with great eye appeal and not a hint of a problem. Our kind of note.
Fr. 118 $10 1901 Legal Tender PMG Very Fine 25. The folds do not hinder the central Bison vignette.
From The Chenango County Collection
Fr. 119 $10 1901 Legal Tender PCGS Very Choice New 64. The margins on this note, especially the face, frame the design very well. Original paper and a bright red overprint are also present, giving this note an extra dose of eye appeal.
Fr. 119 $10 1901 Legal Tender PMG About Uncirculated 53. Close inspection reveals a lone fold which extends into the design. Otherwise, this piece appears fully uncirculated and with its large margins, it even appears Gem.
From The Chenango County Collection
Fr. 120 $10 1901 Legal Tender PMG Choice Extremely Fine 45. Though not terribly scarce, this Teehee-Burke signature combination is outnumbered by the Fr. 122 Speelman-White by a factor of 6 to 1. This piece boasts some remaining embossing, bright white paper and an equally vivid overprint.
From The Chenango County Collection
Fr. 121 $10 1901 Mule Legal Tender PMG About Uncirculated 55. With much of the original embossing still peaking through the holder, we are at a loss for why this bright white, well margined note did not receive an EPQ modifier.
Fr. 121 $10 1901 Mule Legal Tender PMG About Uncirculated 55. No single fold is easily located on this note, though there are some traces of handling. The details are boldly printed and uninterrupted.
Fr. 121 $10 1901 Mule Legal Tender PMG Extremely Fine 40. PMG has added "Mule" to the face of the holder and "John Burke Back Plate #362" as a comment on the back. The colors of this Bison note are nothing short of super, and the margins are even and unusually large for the type. A very nice lightly circulated type note that is totally free of circulation soil.
Fr. 121 $10 1901 Mule Legal Tender PMG Very Fine 30. This Bison has John Burke Plate #330 visible on the back. Tightly margined at the top, with some hard folds accounting for the grade.
Fr. 121 $10 1901 Mule Legal Tender PMG Very Fine 25. The all important central vignette of the Bison is uninterrupted by the even wear and folds that account for the grade. An attractive piece printed on sufficiently bright paper. The Mule is noted by John-Burke back plate #365.
Fr. 122 $10 1901 Legal Tender PMG Gem Uncirculated 65 EPQ. EPQ merits of this note are the bold embossing that is seen in the white, unprinted archways on the back, the full margins, and the bold red overprint. In September 2007 we sold another Bison of this Friedberg number at this grade level and it brought $14,950. We feel that a year later this is a good place to start.
Fr. 122 $10 1901 Mule Legal Tenders Cut Sheet of Four. Bison cut sheets are encountered infrequently. We have offered only a couple of them over the years with one of them being the current example, which we sold back in January, 1997. These four notes all have bright white paper, dark inks, and bold embossing. The margins are ample for a design that did not leave much space between the notes to begin with. Also, all four of the notes are Mules. The A, B, and C notes grade PMG Gem Uncirculated 65 EPQ and the D note grades PMG Gem Uncirculated 66 EPQ. These are four beautiful notes.
Fr. 122 $10 1901 Legal Tender PMG Gem Uncirculated 65 EPQ. This gorgeous example has been off the market since being acquired by our consignor at our 1998 Rosemont sale. We described the note then, "An exquisite Bison, with broad, even margins, perfect color and great original embossing. The overprint elements on this note are so well embossed through to the back that it could be the model used to explain original embossing to the beginner. This Bison should attract considerable attention." The note hammered that night for $2,800, which is less than a fifth of what the note should sell for tonight.
Fr. 122 $10 1901 Legal Tender CGA Gem Uncirculated 65. This piece is from the end of a small run of uncirculated notes. The colors are bold and embossing of the overprint is easily seen in the holder.
Fr. 122 $10 1901 Legal Tender PMG About Uncirculated 55. We are unable to locate any grade limiting fold on this attractive Bison.
Fr. 122 $10 1901 Legal Tender PMG About Uncirculated 50. Some of the embossing is still seen in the holder. What we cannot see is any evidence of a fold.
Fr. 122 $10 1901 Legal Tender PCGS Extremely Fine 45PPQ. A bright, terrific looking Bison, wholly problem free and with a fair bit of its original embossing remaining.
Fr. 122 $10 1901 Legal Tender PMG Choice Extremely Fine 45. Good colors highlight this PMG graded Bison. While the PMG grade is likely correct, no folds can be seen through the holder save for a light corner fold at the lower left.
Fr. 122 $10 1901 Legal Tender PMG Choice Extremely Fine 45. Great color and paper make this a perfect lightly handled Bison type note.
Fr. 122 $10 1901 Legal Tender Extremely Fine. A very good looking problem-free piece that carries much of the appearance of a Choice New example. The colors are strong and the note has lots of eye appeal.
Fr. 122 $10 1901 Legal Tender Very Fine-Extremely Fine. The Bison on this piece is printed perfectly and almost lifelike. The paper is a trifle flat, and the overprint remains bold.
Fr. 122 $10 1901 Legal Tender PMG Choice Very Fine 35. A nice problem free example with good colors and excellent margins.
Fr. 122 $10 1901 Legal Tender PMG Choice Very Fine 35. PMG has made mention of a tear repair on this bright and vividly inked Bison.
Fr. 122 $10 1901 Legal Tender PMG Very Fine 30 EPQ. This Bison has a nice red overprint. The edges are also solid while the surfaces are original on this superior note for the grade.
Fr. 122 $10 1901 Legal Tender PMG Very Fine 30. A very attractive mid-grade note. Prices for 30s and 35s reflect a premium over the regular 20 and 25 prices, often nearly the price for full EFs.
Fr. 122 $10 1901 Legal Tender PCGS Very Fine 25PPQ. This is a great mid-grade $10 for type that has excellent color, full margins, and Pablo the Bison staring you down.
Fr. 122 $10 1901 Legal Tender PMG Very Fine 25. Candy apple red serial numbers, seal and sawbuck are noted on this attractive mid-grade Bison. Much of the overprint's embossing is revealed when the note is viewed from the back.
Fr. 122 $10 1901 Legal Tender PMG Very Fine 25. An evenly circulated example of this increasingly popular Bison number.
Fr. 122 $10 1901 Legal Tender PMG Very Fine 25. PMG has noted "Margin Tear" on this Bison but it must be rather minor as it's not easily seen through the holder.
Fr. 122 $10 1901 Mule Legal Tender Very Fine. Natural paper surfaces claim this Bison that has bright paper, a lovely overprint, and sound edges. Back plate number 334 is found in the Mule position for this Friedberg number. If you want to feel your notes, add this example to your collection.
Fr. 123 $10 1923 Legal Tender PMG Gem Uncirculated 65 EPQ. Bureau records indicate 696,000 notes were printed for this issue. This piece exhibits the A695996B serial number indicating it was the bottom note on the second to last sheet printed. This beautiful note has all the attributes necessary for the Gem grade, including sizeable margins, perfect paper quality, strong embossing, and a candy red overprint.
Fr. 123 $10 1923 Legal Tender PCGS Very Choice New 64. Some of the original embossing is still easily seen in the holder. The red overprint is exceptionally vivid and contrasts perfectly against the bright white paper.
Fr. 123 $10 1923 Legal Tender PMG Very Fine 30. This 1923 $10 Legal faces up well with bright paper and dark inks. The PMG holder notes "Split Repairs."
Fr. 123 $10 1923 Legal Tender PMG Very Fine 25. This pleasing mid-grade Poker Chip features a colorful red overprint and bright paper for the grade.
Fr. 125 $20 1862 Legal Tender PMG Fine 12. Fewer than three dozen examples of this note are known, none of which has been reported in the CU grade range. This piece is a pleasing example for a Fine, with uninterrupted design details. The colors are also bold for the grade.
Fr. 126b $20 1863 Legal Tender PCGS Gem New 65PPQ. Broad margins and vivid color are noted on this most pleasing example. The paper is bold and original as indicated by the "Premium Paper Quality" descriptor. It's been almost two years since we last handled a PCGS or PMG graded Gem.
Fr. 126b $20 1863 Legal Tender PMG Very Fine 25 Net. Nice surfaces are seen on this early Legal $20. A bright, well margined example worthy of your consideration. A few small margin repairs are noted by PMG.
Fr. 128 $20 1875 Legal Tender CGA Gem Uncirculated 66. The printing quality is excellent though the red overprint including the seal is typical for the issue, somewhat weak. Four solid margins surround the note and the only distraction may be a light corner bump that does not affect the design.
Fr. 128 $20 1875 Legal Tender PMG Choice About Unc 58 EPQ. Another Gem-appearing note that likely has a light fold somewhere, although we are utterly unable to spot it through the holder. The margins are beautiful as are the colors, and the print quality, which is often a bit "soft" on this type, is razor sharp.
Fr. 129 $20 1878 Legal Tender CGA Gem Uncirculated 68. In January of 2003, we offered this note as a full Gem with the following description, "Broadly margined and bright, this note is from the run that has supplied generations of collectors with very nice examples of what would otherwise be a rare note in high grade. It's on the paper with the linked repetitive USUSUS watermark that was also used for Fourth Issue Fractional Currency. We've handled a number of pieces from this serial-number run, and this note is as pretty as any of them."
Fr. 129 $20 1878 Legal Tender PCGS Choice New 63. The serial number on this piece falls right into a range of known uncirculated pieces. A blue hue envelops the top half of the paper on this piece adding to the eye appeal.
Fr. 129 $20 1878 Legal Tender PCGS Choice About New 58PPQ. This note comes from a long run of Uncs, and back in the days of raw currency, undoubtedly would have been called Choice. There is a tiny corner tip bump, and save for that we are unable to see what might have kept it away from the 64 grade. Third party graded 58's, particularly with the PPQ or EPQ qualifier, which this note has, tend to bring far in excess of what the typical About New piece would bring, often in the hope that the other major service will see it in a different light. That is very likely the destiny of this pretty 1878 Double-Sawbuck.
Fr. 129 $20 1878 Legal Tender PCGS Choice About New 58PPQ. Partial plate number 6 is noted in the lower margin. The paper is exceptional, with a tinge of blue running through the note, giving it a pleasing overall color. We were unable to locate any grade-limiting fold or bend through the holder.
Fr. 129 $20 1878 Legal Tender PMG Choice About Unc 58. A beautiful note with broad margins, bright colors, and amazing print clarity. While it is hard to tell in the holder, we suspect that the note was downgraded from Choice Unc due to a counting wrinkle and a touch of soil at the upper right. In the pre-third-party days, this note would have been Choice New by anyone's standards.
Fr. 132 $20 1880 Legal Tender PMG Very Fine 25. A rich, brown seal is noted on this EF looking note.
From The Chenango County Collection
Fr. 134 $20 1880 Legal Tender PMG Very Fine 20. This is an elusive Friedberg number, and it is the rare sale, such as this, that finds more than one example being offered.
Fr. 134 $20 1880 Legal Tender PMG Choice Fine 15. Only 50 examples of this note are listed in the census, including this piece, originally appearing in our January 1997 sale. It's well circulated to be sure, but it's wholly problem free and with terrific color for the grade. The margins are excellent, and it's a picture-perfect example of its grade.
Fr. 135 $20 1880 Legal Tender PMG Very Fine 20. The centering is a touch off, with the bottom margin tight at the right end, but the colors are excellent. PMG mentions a "Minor Tear Repair," and it is indeed very minor.
Fr. 136 $20 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. About 115 examples are known for this Friedberg number--about half of them are in high grade. Few could be nicer than the four notes in this cut sheet. This "A" position note has the overly large top margin that is typical for the top note on the sheet. It clearly qualifies for its 64 EPQ grade. The colors are spectacular, and the note has the bright, fresh look of a just-printed piece. As with all the notes from this cut sheet, the bottom margin is a touch sparse, which limit them to the Choice 64 grade. Save for that minor centering anomaly, this pieces all appear to be perfect Gems.
Fr. 136 $20 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. The "B" position note from the sheet is identical to the above, but with a normally large, rather than overly large, top margin.
Fr. 136 $20 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. This "C" position note from the sheet is identical to the "B" note above.
Fr. 136 $20 1880 Legal Tender PMG Gem Uncirculated 65 EPQ. The "D" position note has earned an extra point from PMG. The bottom margin is somewhat more generous, but that is the only visible difference. Again, the colors and eye appeal are simply spectacular. Over the last several decades, cut sheets have lost their premium value, but as markets change, it may well return. Keeping this note together with its sheetmates in the previous three lots could well be a good investment.
Fr. 137 $20 1880 Legal Tender PCGS New 62PPQ. Fr. 137 is the slightly scarcer of the two Large Red Spiked Seal numbers. Gengerke lists 83 examples of this number, as compared to 114 for the Fr. 136. This note has excellent color, and appears to miss the Choice grade because of a tight bottom margin.
Fr. 138 $20 1880 Legal Tender PCGS Choice New 63. A very scarce number, with only 51 examples listed in Track & Price. This note is from a short run of fourteen notes, all of which are traditionally called Uncirculated. This one has tremendous color and undoubtedly would have graded higher than the 63 grade assigned save for the top margin being a bit close at its right end. This number is scarce in all grades, and quite rare as an attractive wholly Uncirculated piece.
Fr. 140 $20 1880 Legal Tender PCGS Gem New 65PPQ. There is a small run of uncirculated notes around this serial number range and the current note is certainly among the nicest we have seen. In April we sold a PMG 64 for $2990.
Fr. 141 $20 1880 Legal Tender PMG Choice About Unc 58. A gorgeous note with bright paper and deep inks. The margins are even all the way around and the reason for the AU grade is not readily apparent in the holder.
Fr. 141 $20 1880 Legal Tender PMG Very Fine 25. Broad margins are seen on this $20. PMG notes a tear and some ink, but the appeal of this note is hardly affected by either issue.
From The Chenango County Collection
Fr. 147 $20 1880 Legal Tender PMG Choice Uncirculated 64 EPQ. Embossing from the details in Hamilton's coat is visible on the back. Each of the design elements is bold and the margins are almost ample enough for a full Gem grade.
Fr. 147 $20 1880 Legal Tender PMG Very Fine 30. This is the Friedberg number most often associated for type for this design. This example, with its bright paper and even handling, will satisfy any collector of circulated notes.,
Fr. 164 $50 1880 Legal Tender PMG Very Fine 30. In April 2008 we sold a PMG 30 on this Friedberg number for $6900. We expect this nicer example to near at that figure and likely keep climbing.
Fr. 164 $50 1880 Legal Tender PMG Choice Fine 15 Net. This $50 last crossed the auction block in 1997. The staining on this note will enable a collector to acquire this classic design at an affordable price.
From The Chenango County Collection
Fr. 164 $50 1880 Legal Tender PMG Choice Fine 15. This design has always been popular, with this being the final Friedberg number. Liberty strikes a defiant pose.
Fr. 165 $100 1862 Legal Tender PMG Very Good 8 Net. If a "short list" of America's most coveted designs were published, the "Spread Eagle" design on the $100 Legal Tenders would likely be right behind the likes of the Grand Watermelon, Technicolors and the Educational Series. PMG notes major reconstruction on this piece. The most important design element, the spread eagle is largely untouched by the repairs. In any event, an estimate here may prove to be conservative against the now "every day" price of $30,000+ that these notes have been bringing in well circulated grades.
Fr. 181 $100 1880 Legal Tender PMG Very Fine 25. The most recent comparably graded Fr. 181 to sell was a PMG 20 that we sold as part of the Flynn Collection in April of this year--that note realized $12,650. Only 45 Fr. 181s are known--about half of which grade lower than this solid VF. Although PMG has noted "Closed Pinholes" they are totally unobtrusive and can only be seen after careful, close inspection. This stately $100 Legal is beautifully centered on both sides, and has retained particularly bold ink color for a VF 25 note. Fr. 181 is the most common of the 1880 $100 Legals making this piece ideal to represent the type. Our consignor acquired this note as Lot 362 from the 1980 Memphis sale. The flip from that sale is included.
Fr. 181 $100 1880 Legal Tender PMG Choice Fine 15. With a total known census of 45 examples, Fr. 181 is the most available of the 1880 Hundred Dollar Legals, and therefore an ideal note to represent the type. This is an evenly circulated example with nice margins and color. PMG has noted that there are a few closed pinholes on this otherwise problem free piece.
Fr. 196a $10 1863 Interest Bearing Note PMG Very Fine 20. This is a most pleasing example which may be the only known note of this Friedberg number to carry the stamped date of May 14, 1864. The only other known note with this date is a Fr. 197a. The exact reason why these 1863 issues were stamped with this date is still unclear,although perhaps this information is hidden in the extensive Treasury records. PMG has commented about splits and an internal hole at top right. The hole is an enlarged pinhole and is easily missed. The note still faces up well with excellent color and eye appeal. PMG and PCGS have graded none that is equal, and just two higher in total.
Fr. 212a $100 1864 Interest Bearing Note PMG Very Fine 20 NET. A newly discovered piece that brings the total known for this incredibly rare type up to four. One is the Friedberg illustration piece, graded Fine, which was offered in a Bill Youngerman Coin World ad of December 1996, at $49,500. The second example was sold by us on January 5, 1996, as lot 1336 for $40,700. This piece, which was also reported in 1996, passed privately into the Celeste Collection and is now being offered publicly for the first time. It is identical in grade and only two serial numbers away from the other piece we sold. It has the same pen notations as that note did, being hand-dated August 4, 1880 on both sides. That hand-written date is filled in on the appropriate line in a light red rubber stamp of the 'Treasury Department Office of the Secretary.' The third note was sold by us in January 2005 for $97,750.
This new to the market piece has one coupon remaining, strong bright colors, and a few very minor edge splits resulting in the NET grade. The original name in the payee block has been erased and chemically removed, a not uncommon practice on these early Interest Bearing notes. It's endorsed on the back and stamped by the Secretary of the Treasury's office. There are six hole cancels--two in each of the signatures, including the signature on the coupon. PMG has noted on their holder "Coupon 5 Attached" and also "Erasure, Pinholes, Splits, Punch Cancelled". A wonderful note affording one more advanced collector the opportunity of adding this rare type to his holdings.
Fr. 214 $10 1879 Refunding Certificate PCGS Fine 15. This interesting note was issued in an attempt to give the average citizen an opportunity to own government securities. Refunding Certificates were issued with interest accruing at four percent with no definite redemption date stated, providing an inducement to hold the notes and not cash them in. In 1907, the interest was stopped and the value set at $21.30, causing them to be redeemed. The colors are quite good for the 15 grade.
Fr. 215 $1 1886 Silver Certificate PMG Gem Uncirculated 66 EPQ. A lovely example of the earliest Martha number. The colors are wonderful, and the note has been given the all-important PPQ designation. This is the most available of the 1886 Marthas, which makes it an ideal example to represent the type.
Fr. 215 $1 1886 Silver Certificate PCGS Gem New 65PPQ. PCGS has given this note its "Premium Paper Quality" comment that is so sought after in the marketplace. It is the commercial equivalent of PMG's "EPQ" and the presence of either the PPQ or EPQ qualifier adds considerably to a note's value. This first Martha variety has broad margins, terrific eye appeal, and the all-important PPQ qualifier.
Fr. 215 $1 1886 Silver Certificate Very Choice New. Nice original paper surfaces, good margins, and excellent color of the inks and paper all highlight this earliest Martha number. Fresh and handsome.
Fr. 215 $1 1886 Silver Certificate PMG Choice About Unc 58 EPQ. A tiny corner tip fold just touches the edge of the design. With the margins and colors this piece boasts, it would otherwise be a full Very Choice, or even Gem Ace.
Fr. 215 $1 1886 Silver Certificate PMG Extremely Fine 40 EPQ. Three folds are noted on this Martha. The closed back design is as bright as one will find on a circulated example.
Fr. 215 $1 1886 Silver Certificate Very Fine-Extremely Fine. Three folds and some minor handling account for the grade on this exquisite, perfectly original, and well embossed Ace.
Fr. 216 $1 1886 Silver Certificate PMG Gem Uncirculated 65 EPQ. A simply gorgeous Martha purchased by our consignor some years ago for $950. Today prices for notes of this caliber have certainly increased.
Fr. 217 $1 1886 Silver Certificate PMG Choice Uncirculated 63. A gorgeous note with huge margins, ideal color, and Superb eye appeal. PMG has noted "Great Embossing" on the holder, and that is certainly the case as it can be easily seen through the third-party plastic. We are guessing that the 63 grade is due to the back design being a touch high, as save for that, this note certainly has the appearance of a 65. This Large Red Seal Martha tends to attract more bids than the more commonly seen Fr. 215.
Fr. 217 $1 1886 Silver Certificate PMG About Uncirculated 55 EPQ. This Large Red Seal Martha has all the attributes of a perfect Gem. The lower right corner tip is a little bruised, and likely accounts for the AU grade. The note certainly seems to have earned its Exceptional Paper Quality comment.
Fr. 217 $1 1886 Silver Certificate PMG Very Fine 30. A nice Martha note with the large red seal. Well margined and free of problems.
From The Chenango County Collection
Fr. 218 $1 1886 Silver Certificate PCGS Very Choice New 64PPQ. The bold red seal generates tremendous eye appeal on this Martha that would have been a Gem save for a touch better centering on the face.
Fr. 219 $1 1886 Silver Certificate PCGS New 62PPQ. A great looking Martha that certainly has the visual appeal of a Choice New example, although PCGS has found it to be one point short. The "Premium Paper Quality" designation should more than carry the value of this 62 note to the 63 level. Fr. 219 is the scarcer, and to this cataloger's eye, more attractive Martha with the large brown seal.
Fr. 219 $1 1886 Silver Certificate PMG About Uncirculated 55. An attractive seal and design elements are made even better by the apparent lack of a visible fold.
Fr. 219 $1 1886 Silver Certificate PMG Very Fine 25. An attractive Martha Ace that would fit nicely into anyone's circulated Large Size Type collection. This note is well margined and devoid of any problems.
From The Chenango County Collection
Fr. 220 $1 1886 Silver Certificate PMG Very Fine 25. This is the scarcer of the two large brown seal 1886 Silver Aces. This piece is especially attractive for a VF and despite the folds, it probably spent very little time in circulation.
From The Chenango County Collection
Fr. 222 $1 1891 Silver Certificate PMG Choice Extremely Fine 45. Acquired privately by our consignor in March of 1998, this open back Martha has a pronounced red seal, along with bright white paper.
From The Chenango County Collection
Fr. 222 $1 1891 Silver Certificate PMG Choice Extremely Fine 45. There are two Friedberg numbers for the Open Back Marthas and this is the much scarcer of the two with Fr. 223's outnumbering 222's by over four to one in the census. This Fr. 222 has bright paper and dark inks.
Fr. 223 $1 1891 Silver Certificate CGA Gem Uncirculated 66. Jumbo margins are seen on this Silver Ace. The embossing remains bold.
Fr. 223 $1 1891 Silver Certificate PCGS Gem New 65PPQ. An attractive and well margined Martha. So often these Aces come with faded serial numbers, but this is not the case here. The color and paper quality are over-the-top nice.
Fr. 223 $1 1891 Silver Certificate PMG Gem Uncirculated 65 EPQ. Four even margins frame this Gem. This piece comes from a small run of uncirculated pieces, attesting to its originality.
Fr. 223 $1 1891 Silver Certificate PMG Choice About Unc 58 EPQ. The originality of the paper is evident, as all the right paper waves are in all the right places. Nice centering is also seen on this barely handled Martha Ace.
Fr. 223 $1 1891 Silver Certificate PMG Choice About Unc 58 EPQ. Huge margins are noticed on this gorgeous Martha that exhibits a fold left of center.
Fr. 223 $1 1891 Silver Certificate PCGS About New 53PPQ. This original Martha is quite colorful and displays a hard center fold.
Fr. 223 $1 1891 Silver Certificate PMG Choice Very Fine 35. Gem sized margins are noted on this attractive and boldly printed Silver Ace.
From The Chenango County Collection
Fr. 224 $1 1896 Silver Certificate PCGS Superb Gem New 67PPQ. Hundreds of uncirculated $1 Educationals have already been submitted to PMG and PCGS. After all the numbers were published in their population reports, only one note grades finer than this Superb Gem. The margins are wide, exposing brilliant white paper, and the printed details are perfect on front and back.
Fr. 224 $1 1896 Silver Certificate PMG Gem Uncirculated 66 EPQ. This pretty Educational Ace with its History Instructing Youth vignette has all the technical and visual attributes that one would expect at this lofty 66 EPQ level. Of the millions examples printed, there are scant few survivors at this level and above. For that matter, when centering is considered, many of the pieces are not as nice as this the day they left the Bureau.
Fr. 224 $1 1896 Silver Certificate Courtesy Autographed PMG Gem Uncirculated 66 EPQ. D. N. Morgan has autographed this note directly above his engraved signature. While Morgan courtesy autographs are one of the more commonly seen, they are seldom found on pristine notes, as these autographed souvenirs tended to be shown off and handed around by their recipients. Consequently, while most all are technically Uncirculated, most have been handled down to the 60 to 63 level. A 66 EPQ courtesy autographed note is just about unheard of.
Fr. 224 $1 1896 Silver Certificate PCGS Gem New 66 Apparent. From the face, this piece is an absolute Superb $1 Ed. A little mounting damage at the right end of the back has caused PCGS to place this note in an APPARENT holder. Without the minor defect, this would be a $7,000 note. With it, we suspect it will realize more in the area of...
Fr. 224 $1 1896 Silver Certificate PMG Choice Uncirculated 64 EPQ. Save for the slightly tight left-end of the top margin, this Educational Ace is a full bore Gem.
Fr. 224 $1 1896 Silver Certificate PCGS Choice About New 58PPQ. We are unable to detect a fold, however there are some as made wrinkles noticed along the bottom margin.
Fr. 224 $1 1896 Silver Certificate PMG Choice About Unc 58. We were privileged to see this note prior to its being graded. It is exceptionally well embossed, and boasts perfectly printed devices. There are traces of a moisture spot in the top margin which preclude the EPQ modifier.
From The Chenango County Collection
Fr. 224 $1 1896 Silver Certificate PMG About Uncirculated 55. Any guess as to the location of a fold would be futile as it is completely hidden by the third party holder. The margins are nothing short of Gem in size and the paper and printed details remain bright.
Fr. 224 $1 1896 Silver Certificate PMG About Uncirculated 50. A center fold is noticed through the holder on this Educational Ace that has dark, bold inks, and bright paper.
Fr. 224 $1 1896 Silver Certificate PMG Choice Extremely Fine 45 EPQ. A sharp, well centered example with the softest of folds noticed beneath the holder..
Fr. 224 $1 1896 Silver Certificate PMG Choice Very Fine 35 EPQ. Very Fine 35 with either an EPQ or PPQ designation is the new 58. They almost always command a healthy premium over other notes in the VF range. This piece will be no exception. Three folds are plainly visible and we suspect some handling prevented a full EF grade.
Fr. 224 $1 1896 Silver Certificate PMG Choice Very Fine 35 EPQ. Nice margins, good color, and strictly original paper surfaces highlight this mid-grade Educational Ace. PMG has awarded it their "Exceptional Paper Quality" accolade...not often seen on VF notes.
Fr. 224 $1 1896 Silver Certificate PMG Choice Very Fine 35. Nice for the grade with excellent margins, good color, and strong eye appeal.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 30 EPQ. Embossing of the serial numbers is still easily seen on this exquisite Ace.
Fr. 225 $1 1896 Silver Certificate PMG Gem Uncirculated 66 EPQ. This is the much more difficult to find Bruce-Roberts signature combination. In Gem grade these 225s are easily outnumbered 20 to 1 by the far more common 224s. This example has broad, even margins, perfect color, and great eye appeal to go along with the all important "Exceptional Paper Quality" label comment.
Fr. 225 $1 1896 Silver Certificate PMG Choice About Unc 58. PMG has commented on the back, "Great Embossing" on this Ace. Friedberg 225's are outnumbered two to one by Friedberg 224's, but the disparity is far greater than that in the highest grade ranges.
Fr. 225 $1 1896 Silver Certificate PCGS Choice About New 58. We are unable to locate the fold in this beauty, one that is new to both Track and Price and Gengerke.
Fr. 225 $1 1896 Silver Certificate PMG About Uncirculated 55 EPQ. A handsome example of the much scarcer Bruce-Roberts signature combination that comes with broad margins and bright color. Punch through embossing of the serial numbers is clearly evident.
Fr. 225 $1 1896 Silver Certificate PMG About Uncirculated 50. A most pleasing Educational with no visible distractions. This piece boasts all the eye appeal one would expect for a Choice Uncirculated example.
Fr. 225 $1 1896 Silver Certificate Extremely Fine-About New. Three folds are seen on this note, but the proximity of two of them to each other gives it the appearance of two folds, with a full AU appearance. Some minor discoloration is noted on the back.
Fr. 225 $1 1896 Silver Certificate PCGS Extremely Fine 40PPQ. Three folds separate this very well margined example from an uncirculated grade. Each of the corners is sharp and all of the printed details are as vivid as one would expect from a full CU.
Fr. 225 $1 1896 Silver Certificate PCGS Extremely Fine 40PPQ. Three of the folds that account for the grade are so soft that they blend rather well into the design, giving this note the appearance of a higher grade.
Fr. 225 $1 1896 Silver Certificate PMG Choice Very Fine 35. Last sold by us in our September 1996 sale, this is an attractive and original Educational Ace that appears fully EF in the holder. The colors are bold and uninterrupted.
From The Chenango County Collection
Fr. 225 $1 1896 Silver Certificate PMG Very Fine 30. A beautiful note with good color, light folds, and the look of a higher grade note. The front looks great while the back shows the folds and some light soiling. The Educational Series is popular in all grades, and this evenly circulated note is ideal for a collector seeking a note with eye appeal at an affordable price level.
From The Chenango County Collection
Fr. 226 $1 1899 Silver Certificate PCGS Gem New 65PPQ. A five digit serial number is noted on this Lyons-Roberts issue.
Fr. 226 $1 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. Deep, punch through embossing, vivid color, and bright original paper are the highlights of this near-Gem Black Eagle.
Fr. 226 $1 1899 Silver Certificate PMG Choice Uncirculated 64. Each of the last two 64s we offered for this note realized more than $800. This evenly margined piece will likely do the same.
From The Chenango County Collection
Fr. 226a $1 1899 Silver Certificate PCGS Superb Gem New 67PPQ. A truly superb example of this first "date below" Black Eagle type. The margins are huge, the colors bright and flashy, and the original embossing is plain and evident.
Fr. 226a $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. Breathtaking color coupled with wonderful original surfaces are features of a Black Eagle certain to please its new owner.
Fr. 226a $1 1899 Silver Certificate PCGS Gem New 66PPQ. This is a wonderful example of the first signature combination. Vivid inks and deep embossing attest to the original paper quality.
Fr. 226a $1 1899 Silver Certificate Ellis H. Roberts Courtesy Autograph PMG Gem Uncirculated 66 EPQ. This well preserved note carries the autograph of Ellis H. Roberts who served as Treasurer of the U.S. from 1897 to 1905. According to the Track & Price census, it is one of only two 226a notes autographed by Mr. Roberts.
Fr. 226a $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. The margins on this early Black Eagle are broad and even all around, and the original embossing is plainly apparent through the PMG holder. The colors are also outstanding. All in all, a lovely note that looks to us as if it would not be out of place in a 67 holder. Previously lot 1189 in NASCA's September 1980 New York sale.
Fr. 226a $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. Even for a Gem Black Eagle, this piece exhibits exceptionally bright paper.
From The Chenango County Collection
Fr. 227 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. This piece was last seen at the FUN auction way back in 1997. The paper is just as nice as we remember it, and the embossing is still easily visible in the holder.
From The Chenango County Collection
Fr. 228 $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. Prominent embossing and natural paper ripple are merits of this delightful Black Eagle.
Fr. 228 $1 1899 Silver Certificate PCGS Gem New 66PPQ. The embossing is about to push right through the paper on this well margined, 66 PPQ example.
Fr. 228 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Punch through embossing and perfectly original paper wave are easily seen in the third party holder.
Fr. 228 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Broad and almost perfectly even margins frame this well embossed Black Eagle.
From The Chenango County Collection
Fr. 229 $1 1899 Silver Certificate PCGS Superb Gem New 67PPQ. This high-grade beauty brings to mind the term 'blazer" with its bold embossing and natural paper wave. We sold an identical note in 2007 for almost $1900.
Fr. 229 $1 1899 Silver Certificate PCGS Gem New 65PPQ. Perfectly centered on both sides between outsized margins. The note boasts deep original embossing, sharp printing quality, and terrific eye appeal.
From The Chenango County Collection
Fr. 229 $1 1899 Silver Certificate Star Note PMG Choice Extremely Fine 45. This gorgeous star note is well margined and appears fully uncirculated in the holder. Approximately two dozen examples of this replacement issue are known to collectors.
From The Chenango County Collection
Fr. 229 $1 1899 Silver Certificate PMG Extremely Fine 40 EPQ. This embossed, seven-digit solid 1's Ace circulated briefly before its desirability was recognized.
Fr. 229a $1 1899 Silver Certificate PCGS Choice About New 55. The rarest of the Black Eagles, with a little over 100 examples known in all grades combined. This one is a bright, perfectly original piece, with one extremely light fold. It's well margined and attractive, and it carries the visual impact of a Choice New example. The extreme popularity of the Black Eagle series means that every time a 229a appears on the market, multiple strong bids are received. At the end of tonight's competition, we would not be surprised to see this note reach or exceed. . .
Fr. 229a $1 1899 Silver Certificate PCGS Extremely Fine 45. This tough Black Eagle displays the color and margins one appreciates. The eye appeal is also bolstered by the bright paper and colorful inks.
Fr. 229a $1 1899 Silver Certificate PMG Choice Very Fine 35. A number of ugly circulated 229a's have been offered of late. This piece is a deviation from that trend and exhibits bright paper, large margins and "Great Embossing" according to PMG.
From The Chenango County Collection
Fr. 229a $1 1899 Silver Certificate PCGS Very Fine 35. This beauty certainly has the look of a note deserving a higher grade. This scarce Black Eagle has great eye appeal for the grade. The bright paper and solid margins add to the overall aesthetics.
From The Chenango County Collection
Fr. 229a $1 1899 Silver Certificate PMG Very Fine 25 Net. This is by far the key to the 1899 Silver Certificates. Moderate and even circulation is observed on this Black Eagle that has had a small repair which has been duly recorded by PMG.
Fr. 229a $1 1899 Silver Certificate PMG Fine 12. This is by far the key to the 1899 Silver Certificates. In September 2006 we sold another Fr. 229a in the same grade for $2990. The folds are a touch heavy, though none compromises the paper or overall appeal of this type note.
Fr. 229a $1 1899 Silver Certificate PMG Very Good 10. We received this note raw and we were impressed with the body of the note. It clearly pushed the envelope towards Fine.
Fr. 229a $1 1899 Silver Certificate PMG Good 4 Net. Regardless of grade, this piece is still the coveted Fr. 229a. Two of the corners look missing, though the paper is almost all there and simply folded over in the holder.
Fr. 230 $1 1899 Silver Certificate PCGS Gem New 66PPQ. Broad margins and excellent color are supplanted by strong embossing.
Fr. 230 $1 1899 Silver Certificate PCGS Gem New 65PPQ. Plenty of originality is seen on this well margined Black Eagle.
Fr. 230 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. The devices, including the overprint, are all boldly printed and surrounded by four solid margins.
Fr. 230 $1 1899 Silver Certificate PCGS Gem New 65PPQ. The centering is right on for the grade on this strongly embossed Black Eagle.
Fr. 230 $1 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. The margins are all large and nearly even, except at top right where it tapers off a touch.
From The Chenango County Collection
Fr. 231 $1 1899 Silver Certificate PMG Choice About Unc 58 EPQ. Only 139 examples of this Black Eagle are reported in the census, fewer than even the key Fr. 239 for the 1923 $1 Silver Certificates. This piece is as nice as one will find for the grade, and it has all the eye appeal of a full Gem.
From The Chenango County Collection
Fr. 231 $1 1899 Silver Certificate PMG Choice Very Fine 35 Net. A very well executed tear repair is noted by PMG and results in the Net grade.
From The Chenango County Collection
Fr. 231 $1 1899 Silver Certificate PMG Very Fine 30. This scarce Napier-Thompson note commands large premiums, especially for notes with the eye appeal of this Very Fine.
From The Chenango County Collection
Fr. 232 $1 1899 Silver Certificate CGA Gem Uncirculated 68. This note is magnificently clean, with deep, original embossing, absolutely ideal color and spectacular freshness and eye appeal.
Fr. 232 $1 1899 Silver Certificate PMG Superb Gem Unc 67 EPQ. When the BEP printed Black Eagles, this is likely one of the nicest examples they could produce. The margins are huge on all sides with perfect centering and great color. Every minute aspect of the embossing has been punched through and exceptional natural paper wave is clearly visible.
Fr. 232 $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. This Parker-Burke Black Eagle exhibits all the right paper waves.
Fr. 232 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Original color and paper waves are readily apparent even in this third party holder.
Fr. 232 $1 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. Perfect embossing is noted on the attractive M21700000M serial numbers.
From The Chenango County Collection
Fr. 232 $1 1899 Silver Certificate PMG Extremely Fine 40. Two digit serial K64K could be a nice gift for that numismatist you know who was born in the year 1964, graduated in 64 or is about to have his or her 64th birthday, to name just a few...
Fr. 232 $1 1899 "WORTHLESS" Silver Certificate This well circulated Black Eagle is missing its middle. The right two-plus inches are present, as is the right serial number and the John Burke signature. The left end of the note is just about an inch long and has no serial number or signature. It was sent into the bureau for redemption where it was mounted on blank paper. Too much was missing for redemption and it was punch cancelled, stamped "WORTHLESS" and returned. The block N-N indicates that this is a Fr. 232. A neat collectible.
Fr. 233 $1 1899 Silver Certificate PCGS Superb Gem New 67PPQ. A very common number, but not in this grade. The note approaches perfection with boldly obvious originality, broad margins, ideal color, and stunning eye appeal. After 50 years in the currency market (though not yet third party graded), your cataloguer finds it difficult to consider any Fr. 233 an important note, but in this market and in this holder, this Fr. 233 is indeed important.
Fr. 233 $1 1899 Silver Certificate PMG Superb Gem Unc 67 EPQ. Three digit serial number Y100Y is noted on this pleasing Superb note. This piece is recorded in the census, and it has been some time since it was last offered to collectors - actually an entire decade.
From The Chenango County Collection
Fr. 233 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Bountiful margins, excellent centering and powerful original embossing all come together on this Black Eagle to form a lovely note.
Fr. 233 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. A gorgeous two digit example and a perfect match to the other Fr. 233 bearing serial number 66 offered here from the same collection. Both notes have been off the market since they were obtained in our May, 1998 Rosemont sale, and both are screamingly attractive well centered beauties. PMG has commented "Exceptional Paper Quality, Great Embossing, both comments which are on the money here.
From The Collection of Albert Rollins
Fr. 233 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Another well centered and hugely embossed low serial number beauty from the collection of Albert Rollins, this also purchased in our May, 1998 Rosemont sale. PMG mentions "Exceptional Paper Quality, Great Embossing" on the holder, and they are indeed correct.
From The Collection of Albert Rollins
Fr. 233 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. A well centered beauty featuring low serial number T66T. PMG has given this note its EPQ designation, and also cites "As Made Roller Marks," a feature that clearly affects neither the grade nor the value of this well centered and utterly original piece.
From The Collection of Albert Rollins
Fr. 233 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. This note comes from our January, 1999 sale, where it was described, "The ultimate Radar Black Eagle, serial number Y10000001Y. The note is strictly original, beautifully bright, and letter perfect. It has with it a lot slip of the style we're used to seeing from the Grinnell sale, although our consignor has informed us that this note was not from the Grinnell sale. Perhaps the slip is from another Barney Bluestone auction of the same era." In that long ago era of depressed prices, it brought $1760 against a pre-sale estimate of $750-up. Now ensconced in a PMG Gem Uncirculated 65 EPQ holder, expect this lovely item to realize considerably more, likely in the range of...
From The Collection of Albert Rollins
Fr. 233 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Two digit serial number T28T is noted on this exquisite Black Eagle.
Fr. 233 $1 1899 Silver Certificate CGA Gem Uncirculated 65. The two-digit serial numbers are boldly embossed and the pleasing paper waves are also visible in the holder.
Fr. 233 $1 1899 Silver Certificate CGA Gem Uncirculated 65. A wonderfully embossed example of this Black Eagle that is sure to please.
Fr. 233 $1 1899 Silver Certificate PCGS Very Choice New 64PPQ. Off the market since our 2001 FUN sale, this Black Eagle has perfect centering with nice paper wave and bright, rich colors. The serial number here is extremely low, T100T.
From The Chenango County Collection
Fr. 233 $1 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. Another most pleasing, low serial numbered Black Eagle. This one boasts serial number X88X.
Fr. 233 $1 1899 Silver Certificates. Pack of 100. Choice New. There are two serial number runs in this pack of 100 strictly original Black Eagle Aces. The pack begins with a consecutive run of 75 notes and is followed by a separate consecutive run of 25 notes. The grades of the notes in the pack vary solely due to centering with the top and bottom notes grading New for light aging and some minor edge bumps, and the 98 notes in between grading Choice, Very Choice, Gem, and Superb Gem based on their individual centering. All 100 pieces show their original embossing and the group is contained in a clearly original contemporary band that is split in two laterally at the top.
A long forgotten teller, "Lynch" has pencilled his name and the date of "3/16" on the bank band. Also, this Friedberg number has the face plate number in two positions and both are represented here. The first 75 T-T block notes are of the first position and the last 25 B-A block notes are of the second position. The first position is at the mid-point to the right of the plate letter in the lower right-hand corner. In the second position, the plate number to the right is level with the bottom of the plate letter. The changeover in positions occurs at plate numbers 3955 and 3956. We are seeing far fewer of the first face plate number position Black Eagles than the second.
Fr. 233 $1 1899 Silver Certificate "Radar Note" PMG Very Fine 20. This Black Eagle has a "true" palindrome serial number of Y44155144Y, where not only does the serial number read the same frontwards and backwards, but the serial number also has the same prefix and suffix letter as in this case with the letter "Y." For those wondering, this Black Eagle has the second face plate number position for this Friedberg number.
Fr. 234 $1 1899 Silver Certificate PMG Superb Gem Unc 67. In its well over three year existence, PMG has graced only a single example of this Friedberg number with the grade of Superb Gem Uncirculated 67 EPQ, with no specimen graded higher. You are looking at that note here, which, in addition to its lofty grade, attracts attention with its two digit E55A serial number. The originality here is unquestioned, as the embossing is evident even through the PMG holder, and the note is about as pretty a Black Eagle as even the most discerning of collectors could aspire to. Any estimate here is just a guess, but it would not surprise us if the figure below proves conservative in the extreme.
From The Collection of Albert Rollins
Fr. 234 $1 1899 Silver Certificate Star Note PMG Gem Uncirculated 65 EPQ. This fully original note is one of only three Fr. 234 stars to be graded Gem Uncirculated 65 EPQ by PMG, with none higher. It's a boldly printed example which has been off the market since it was acquired back in our May, 1999 sale by Albert Rollins. Neither of the other two PMG graded 65 examples of this star has made it to the auction block, nor have any PCGS examples in any uncirculated grade been offered to date, so any estimate here is only a guess, but a likely realization for this lovely note is in the range of...
From The Collection of Albert Rollins
Fr. 235 $1 1899 Silver Certificate PMG Superb Gem Unc 67 EPQ. In over three and a half years PMG has only graded two Fr. 235's in this grade, with none graded higher. This example also offers neat low serial number K22A as a bonus. PMG notes on the holder "Exceptional Paper Quality, Great Embossing" and we certainly agree...this note is a beauty. Expect some serious competition before the hammer falls on this lot tonight.
From The Collection of Albert Rollins
Fr. 235 $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. A spectacular Black Eagle bearing serial number K7777A which has been off the market since our consignor obtained this piece a decade ago. PMG comments "Exceptional Paper Quality, Great Embossing" on the holder, and one would be hard pressed to find a nicer fancy number Black Eagle of any Friedberg number.
From The Collection of Albert Rollins
Fr. 235 $1 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. The finest of details from the overprint are well embossed and visible on the back.
From The Chenango County Collection
Fr. 235 $1 1899 Silver Certificate PMG Gem Uncirculated 65. The paper on this issue is clearly original, with waviness in all the right places. A bold overprint adds to the overall beauty of this Ace.
Fr. 236 $1 1899 Mule Silver Certificate PMG Gem Uncirculated 66 EPQ. One of a set of six notes with serial numbers from R222A through R777A from the collection of Albert Rollins. This group makes a great display set, with this piece the only example to receive the PMG Gem Uncirculated 66 EPQ designation.
From The Collection of Albert Rollins
Fr. 236 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Bright paper highlights this pleasing Black Eagle.
Fr. 236 $1 1899 Mule Silver Certificate PMG Gem Uncirculated 65 EPQ. A bright and fresh example bearing serial number R777A. PMG notes "Exceptional Paper Quality, Great Embossing" on the holder.
From The Collection of Albert Rollins
Fr. 236 $1 1899 Mule Silver Certificate PMG Gem Uncirculated 65 EPQ. Serial number R444A. Graded Gem 65 EPQ by PMG, this note is deeply printed with exceptionally dark inks, lending it an unusually high degree of eye appeal for a Black Eagle.
From The Collection of Albert Rollins
Fr. 236 $1 1899 Mule Silver Certificate PMG Gem Uncirculated 65 EPQ. One of the nicest of this fancy serial number group, with this piece sporting number R333A.
From The Collection of Albert Rollins
Fr. 236 $1 1899 Silver Certificate PCGS Gem New 65PPQ. Close examination reveals serial number embossing, even in the third party holder. The paper is as bright as one would expect from a Gem.
Fr. 236 $1 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. The final number of the Black Eagles, and a lovely example which has "Exceptional Paper Quality". It is further enhanced by an attractive serial number of V99999911A.
Fr. 236 $1 1899 Silver Certificate PCGS Very Choice New 64PPQ. For those who love ladder serial numbers (and you know who you are), here is a must have X78A example, and you are on your way to completing that set. Now where to find 12, 34, 56, and 90?
Fr. 236 $1 1899 Mule Silver Certificate PMG Choice Uncirculated 64 EPQ. A bit tight at the bottom, which precluded PMG from grading this Gem, but attractive nevertheless, and bearing serial number R666A.
From The Collection of Albert Rollins
Fr. 236 $1 1899 Mule Silver Certificate PMG Choice Uncirculated 64 EPQ. The first of this fancy serial number run, with this note displaying serial number R222A. Save for a tight bottom margin, it's every bit as nice as the other notes in this group.
From The Collection of Albert Rollins
Fr. 236 $1 1899 Mule Silver Certificate PMG About Uncirculated 50 Net. Serial number R25A graces this Ace. Though it appears fresh, the paper is a little brittle and shows some splits in the top and bottom margin. They have been duly noted by PMG, and included in the Net grade. We are fairly certain this piece never circulated as it lacks folds and the embossing is plain as day.
Fr. 236 $1 1899 Silver Certificate. Low Serial Number 17. PMG Choice Extremely Fine 45. This lightly circulated Black Eagle carries the neat two digit serial number of X17A. It has the initial appearance of a CU note.
Fr. 236 $1 1899 Silver Certificate Star Note. PMG Very Fine 25. A nice mid-grade example of the most available Black Eagle replacement note.
Fr. 237 $1 1923 Silver Certificate PMG Gem Uncirculated 66 EPQ. A beautiful note bearing fancy serial number A222B. It brought $357.50 back in May of 1998, when it was last offered. Now, with the note ensconced in a PMG 66 EPQ holder, expect it to bring considerably more.
From The Collection of Albert Rollins
Fr. 237 $1 1923 Silver Certificate PMG Gem Uncirculated 66 EPQ. A well centered beauty in a PMG Gem 66 EPQ holder which displays fancy serial number D3333B.
From The Collection of Albert Rollins
Fr. 237 $1 1923 Silver Certificate Star Note PCGS Gem New 66PPQ. Both services combined have only graded four Fr. 237 star notes at this level, with none higher. This is the only 66 PPQ note that PCGS has graded, with four notes at the 65PPQ level. Great margins along with fantastic embossing are noticed through the holder. If you want to complete the finest known set of 1923 Silvers, here is your chance.
Fr. 237 $1 1923 Silver Certificate PMG Gem Uncirculated 66 EPQ. This well margined near-Superb Ace boasts an interesting serial number, E79999994D. Two other notes are known from the same sheet, though it has been some time since they were offered at public auction.
Fr. 237 $1 1923 Silver Certificate PMG Choice Uncirculated 64 EPQ. We have no idea why this neat serial number N11000000D example did not meet the PMG guidelines for a Gem 65 rating, as the originality here can not be argued, with PMG noting "Exceptional Paper Quality, Great Embossing" on the back of the holder.
From The Collection of Albert Rollins
Fr. 237 $1 1923 Silver Certificates Four Examples PMG Choice Uncirculated 64 EPQ. All four of these embossed $1 Silvers have serial numbers that end in "53."
From The Chenango County Collection
Fr. 237/Fr. 238 $1 1923 Silver Certificates Changeover Pair The 237 has been graded Choice About Unc 58 EPQ, due to a broad corner fold, and the 238 is in a 63 EPQ holder.
Fr. 238 $1 1923 Silver Certificate PMG Superb Gem Unc 67 EPQ. 67 EPQ is an extraordinary grade for any type note--even one as relatively common as Fr. 238. This piece, which has garnered both the Exceptional Paper Quality and Great Embossing comment, should see considerable bidder pressure.
Fr. 238 $1 1923 Silver Certificates Two Examples PMG Gem Uncirculated 66 EPQ. Though not consecutive, or from the same block, this is a well matched pair, boasting even margins and full original embossing.
Fr. 238 $1 1923 Silver Certificates Three Examples "53" Ending Serial Number. Fr. 238 $1 1923 Silver Certificate PMG Choice Uncirculated 64 EPQ
Fr. 238 $1 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ
Fr. 238 $1 1923 Silver Certificate PMG Gem Uncirculated 66 EPQ.
From The Chenango County Collection
Fr. 238 $1 1923 Silver Certificate Star Note PMG Choice About Unc 58. This gorgeous replacement just misses due to a soft corner fold at upper left.
Fr. 239 $1 1923 Silver Certificate CGA Gem Uncirculated 66. This broadly margined Silver Ace boasts the ever popular Woods-Tate signature combination. The paper waves and embossing are evident through the holder.
Fr. 239 $1 1923 Silver Certificate PMG Choice Uncirculated 64 EPQ. This is by far the scarcest of the three signature combinations of 1923 $1 Silver certificates. Prices for Fr. 239s have increased dramatically of late as, while not rare in any real since, the relative rarity of Fr. 239s to Fr. 237s is now well known. This note with the Exceptional Paper Quality comment looks as though it could have made it into a 65 holder.
Fr. 239 $1 1923 Silver Certificate PMG Choice Uncirculated 64 EPQ. This Silver Certificate favorite is always well received. The margins are gem sized on three sides and cavernous embossing is noted.
From The Chenango County Collection
Fr. 239 $1 1923 Silver Certificate PCGS Very Choice New 64PPQ. This Woods-Tate example seems to have missed the Gem grade due to a tight bottom margin.
From The Chenango County Collection
Fr. 239 $1 1923 Silver Certificate PMG About Uncirculated 55. The Z-D block was the first block used for Fr. 239. This is an attractive, well margined example from this tougher issue for the series.
Fr. 239 $1 1923 Silver Certificate PMG About Uncirculated 55. Much of the original embossing is visible in the holder. This piece is less than one hundred numbers away from the 64 EPQ offered here and is almost as nice if one considers overall eye appeal.
From The Chenango County Collection
Fr. 240 $2 1886 Silver Certificate PMG Very Fine 25. An attractive mid-grade example of this "closed back" deuce.
From The Chenango County Collection
Fr. 241 $2 1886 Silver Certificate PMG Choice About Unc 58 EPQ. The scarcest of the Hancock Deuces, with a census number right around one hundred. A nice, original note, with bold ink color and excellent centering.
Fr. 241 $2 1886 Silver Certificate PCGS Choice About New 58PPQ. This is a colorful Hancock that exhibits the softest of corner folds at upper right.
Fr. 241 $2 1886 Silver Certificate PMG Choice Very Fine 35. Three vertical folds and one horizontal fold account for the grade on this still colorful piece. Its last auction appearance was nearly a decade ago.
From The Chenango County Collection
Fr. 242 $2 1886 Silver Certificate PCGS Gem New 65PPQ. A Gem Hancock from one of the two serial number runs that have supplied most of today's collectors with high-end examples of this handsome late 19th century type.
Fr. 242 $2 1886 Silver Certificate PCGS Gem New 65PPQ. A brightly colored example with clearly evident paper originality and excellent eye appeal. A most attractive example of this always-popular "Mustache Note," featuring the portrait of Civil War General Winfield Scott Hancock. It comes from a long since dispersed pack that has supplied collectors with high grade examples such as this for years.
Fr. 242 $2 1886 Silver Certificate PMG Choice Uncirculated 63. Hancocks with margins like this are most often seen in Gem holders. The colors remain vivid.
Fr. 242 $2 1886 Silver Certificate PMG Choice About Unc 58 EPQ. This Hancock is a corner fold away from Gem as the excellent color and pinpoint centering will attest to. Our estimate may prove conservative as we have had lesser AU's in the last few years break the $3000 barrier.
Fr. 242 $2 1886 Silver Certificate PMG Choice About Unc 58. This piece was purchased by our consignor over a decade ago. The margins are broad, though a little uneven, and the colors are exceptional.
From The Chenango County Collection
Fr. 242 $2 1886 Silver Certificate PCGS Extremely Fine 45PPQ. Three light folds are noted on this vividly colored issue. The embossing remains perfect.
Fr. 242 $2 1886 Silver Certificate PCGS Very Fine 20. This handsome Large Red Seal Hancock Deuce looks considerably better than the assigned 20 grade from the face, but the back has a light wallet stain that undoubtedly pulled the whole piece down.
Fr. 243 $2 1886 Silver Certificate PMG Choice Uncirculated 64 EPQ. Although not truly rare by actual count with 121 pieces recorded in Track & Price, Fr. 243 is far rarer than the oft seen Fr. 242. At this 64 level, it is a fairly scarce note, and this piece has clearly earned the 64 EPQ grade that has been assigned. The note looks to us as though it would not be at all out of place in a 65 holder.
Fr. 243 $2 1886 Silver Certificate PMG Fine 12. Jumbo margins and decent remaining color are seen on this piece. PMG notes "Margin Repairs," none of which are immediately visible.
From The Chenango County Collection
Fr. 244 $2 1886 Silver Certificate PMG Very Fine 20. The big brown seal on this lightly circulated deuce is quite attractive.
From The Chenango County Collection
Fr. 245 $2 1891 Silver Certificate PMG Very Fine 25. The holder indicated a hole repair, though we think it is more accurately described as a closed pinhole. This piece is otherwise quite attractive for a VF Windom.
From The Chenango County Collection
Fr. 245 $2 1891 Silver Certificate PMG Choice Fine 15. This Fine has all the eye appeal one would expect of a VF.
Fr. 246 $2 1891 Silver Certificate PMG Very Fine 20. PMG has commented about thinning on this otherwise pleasing Windom.
Fr. 246 $2 1891 Silver Certificate PMG Choice Fine 15. Jumbo margins are noted on this issue, which makes the splits mentioned by PMG inconsequential.
From The Chenango County Collection
Fr. 247 $2 1896 Silver Certificate About New. This piece faces up as a full Gem with bright serial numbers and a bright red seal. The design is perfectly executed and the paper is bright, however, a corner fold removes this from the Choice New class.
Fr. 247 $2 1896 Silver Certificate PMG Extremely Fine 40. This Deuce looks far better than its grade of 40. The paper is bright, the inks are dark, and the handling is faint.
Fr. 247 $2 1896 Silver Certificate PMG Very Fine 30. This piece has all the eye appeal of a perfect three fold EF. The margins are large and the printed design is uninterrupted by the folds.
From The Chenango County Collection
Fr. 248 $2 1896 Silver Certificate PCGS Superb Gem New 67PPQ. When a note is perfectly printed and appears gem, it is the front to back centering that usually pushes a note to the superb level. This piece is nearly perfect with one of the brightest seal and serial numbers we've seen on the type.
Fr. 248 $2 1896 Silver Certificate PCGS Gem New 65PPQ. This is a delightful $2 Ed with excellent color, nice margins, and original paper surfaces which can be easily seen through the third-party holder. PCGS has awarded this note its coveted PPQ designation which indicates premium paper quality. That certifies not only that the note has its original surfaces, but that they are about as good as it gets.
Fr. 248 $2 1896 Silver Certificate PCGS Gem New 65PPQ. Hugely margined with bright color and good, sharp print quality. The back centering is just a tad high, and we suspect that without that trifling defect, this handsome Educational Deuce would have made the 66 grade. The face certainly easily supports that level.
Fr. 248 $2 1896 Silver Certificate PMG Choice Very Fine 35. This is a charming $2 Ed with dark inks that looks to be several grades higher through the PMG holder.
Fr. 248 $2 1896 Silver Certificate PCGS Very Fine 25. Unusually broad margins highlight this Educational Deuce. It is an ideal VF with lots of color, great centering of both sides, and a minimum of circulation soil.
Fr. 248 $2 1896 Silver Certificate PCGS Very Fine 25. Well margined and bright for the grade.
Fr. 248 $2 1896 Silver Certificate PMG Very Fine 25. Each of the design elements is bold and attractive. The paper remains bright for the grade.
From The Chenango County Collection
Fr. 248 $2 1896 Silver Certificate PMG Very Fine 25. The two Friedberg numbers for this design have always pretty much ran neck and neck in the census. This mid-grade example is a nice collector's note.
Fr. 248 $2 1896 Silver Certificate Very Fine. Some of the original embossing is still present on this ideal mid-grade note.
Fr. 248 $2 1896 Silver Certificate PMG Fine 12. Wide margins are seen on this well circulated example of this always popular design.
Fr. 249 $2 1899 Silver Certificate PMG Very Fine 30 EPQ. This piece received a few folds, but was likely not in circulation long.
From The Chenango County Collection
Fr. 250 $2 1899 Silver Certificate PMG Extremely Fine 40 EPQ. A deep blue overprint is noted on this lightly circulated deuce.
From The Chenango County Collection
Fr. 251 $2 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. Beautifully margined, with excellent original embossing, perfect colors, sharp printing quality and all the technical merits a note needs for this top grade. A really beautiful example.
Fr. 251 $2 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. Punch through embossing of the overprint is seen on this well margined $2 Silver.
From The Chenango County Collection
Fr. 251 $2 1899 Silver Certificate PMG Choice About Unc 58. A lone center fold is noted on this well embossed issue. The midnight blue overprint is perfect against the bright white paper.
Fr. 251 $2 1899 Silver Certificate PMG About Uncirculated 55 EPQ. Some handling, particularly in the margins, precludes a higher grade for this handsome Silver Deuce.
Fr. 252 $2 1899 Silver Certificate PMG Very Fine 25,
and a Fr. 253 $2 1899 Silver Certificated PMG Very Fine 30.
A well matched pair.
From The Chenango County Collection
Fr. 253 $2 1899 Silver Certificate PMG Choice Uncirculated 64. The margins exhibited on this piece are similar in size to what are seen on most Gems. The colors are also ideal.
Fr. 253 $2 1899 Silver Certificate PMG Extremely Fine 40 EPQ. An attractive three-fold EF.
Fr. 253 $2 1899 Silver Certificate PMG Extremely Fine 40. This well margined example is three folds and some minor handling from CU. The margins and deeply printed devices make for a very attractive display. In January we sold a PMG 40, not quite as nice for $862.50.
Fr. 255 $2 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. Few 1899 $2 Silvers offer the embossing that this piece boasts. Nice even margins are also noted.
Fr. 255 $2 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. This is a lovely example, with pleasing, even margins, and bright colors of the inks and paper. This type has been increasingly difficult to obtain in high grade in recent years. Our consignor paid $450 many years ago for this lovely note.
Fr. 255 $2 1899 Silver Certificate PMG Choice Uncirculated 64. This Agricultural Deuce is well margined and bright, with good embossing and great color.
Fr. 255 $2 1899 Silver Certificate PMG About Uncirculated 55. Gem sized margins are noted on this issue that is likely a fold away from CU.
Fr. 255 $2 1899 Silver Certificate PMG About Uncirculated 55. This Parker-Burke signed issue boasts "Great Embossing", as noted by PMG, which is easily visible through the third party holder.
From The Chenango County Collection
Fr. 256 $2 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. The original embossing can be easily seen through PMG's 64 EPQ holder. A pretty note with good margins and excellent color.
Fr. 256 $2 1899 Silver Certificate PMG Choice Uncirculated 63 EPQ. A tight bottom margin is all that takes this fancy serial number N555 note out of the Gem class. PMG has noted "Exceptional Paper Quality, Great Embossing" on the holder, and the note appears superb in all other respects. We last sold this back in May of 1998, when it realized $1045. It will bring considerably more tonight, likely about triple that figure.
From The Collection of Albert Rollins
Fr. 256 $2 1899 Silver Certificate PMG Choice About Unc 58 EPQ. Though we are unable to know for sure without seeing the note raw, we suspect a bit of a corner bend is responsible for the grade.
From The Chenango County Collection
Fr. 256 $2 1899 Silver Certificate About New. A very light center bend is noted on this well margined and otherwise uncirculated piece.
Fr. 257 $2 1899 Silver Certificate Star Note PMG Fine 12. Fr. 257 is the scarcest number of the ten 1899 Twos, with only 19 examples in the census. The bulk of the notes listed fall within this grade range, with one spectacular Gem example we sold as part of the Flynn holdings earlier this year.
Fr. 258 $2 1899 Silver Certificate PMG Gem Uncirculated 65 EPQ. This is a well preserved Deuce with the unprinted white area on the back revealing much embossing throughout. This new "R" block note for the census is also from the second and much scarcer of only two blocks used for this Friedberg number. The first, the "N" block, outnumbers the "R" block by over 10 to 1.
Fr. 258 $2 1899 Silver Certificate PCGS Gem New 65. A pleasing Gem representative for the type.
Fr. 258 $2 1899 Silver Certificate PCGS Gem New 65. Broad, even margins frame this bright, nicely colored Deuce.
Fr. 258 $2 1899 Silver Certificate PCGS Very Choice New 64PPQ. The paper is so bright and the printing quality so perfect, this piece actually reminds us of a Proof. The bottom margin is a touch too tight for a full Gem grade.
Fr. 258 $2 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. This note was sold years ago as Choice CU. The now more widely used grade of 64 EPQ shows prospective buyers how close this piece really is to Gem.
From The Chenango County Collection
Fr. 258 $2 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. Serial number embossing is a highlight of this well preserved $2.
Fr. 258 $2 1899 Silver Certificate PCGS Choice New 63. Uneven margins appear to have kept this example at the Choice level. Bright inks and paper are definite highlights.
Fr. 258 $2 1899 Silver Certificate PMG Choice About Unc 58 EPQ. Any attempt to locate a grade limiting fold on this Gem looking issue would be futile. The appearance is perfect and the original paper quality is easily seen in the holder.
Fr. 258 $2 1899 Silver Certificate PCGS Choice About New 55. This is a bright and colorful Washington Deuce.
Fr. 259 $5 1886 Silver Certificate PMG Very Fine 25. Of the six different Friedberg numbers that make up the $5 Silver Dollar Backs, this is the second rarest, with only thirty-four pieces in the census. This example was last sold at auction back in 1998. The back design remains bold for the grade and is not affected by the few folds that are seen.
From The Chenango County Collection
Fr. 259 $5 1886 Silver Certificate PMG Fine 12. The Second Rarest of the Silver Dollar Backs, with only 37 recorded in the Gengerke Census for all grades combined. This is also the first of the Silver Dollar Backs, with the Rosecrans-Jordan signature and the small red seal. It's a solid Fine, totally problem free and very pleasing for the grade.
Fr. 260 $5 1886 Silver Certificate PMG Choice About Unc 58 EPQ. A corner tip bend is noted on this Gem appearing Silver Dollar Back. One lucky bidder will bring home a note with all the eye appeal of a vivid, blockbuster Gem for a fraction of the price.
From The Chenango County Collection
Fr. 260 $5 1886 Silver Certificate PMG Choice Extremely Fine 45. The color is great and the eye appeal first rate on this pleasing upper mid-grade Silver Dollar Back.
Fr. 260 $5 1886 Silver Certificate PCGS Very Fine 25. A pleasing, problem free example of this every popular type.
Fr. 261 $5 1886 Silver Certificate PCGS Extremely Fine 45. The attributes of this Silver Dollar Back include bright white paper, sharp corners and bold colors, all hallmarks of a top of the line Extremely Fine specimen.
Fr. 261 $5 1886 Silver Certificate PMG Choice Very Fine 35. Excellent color and bright paper immediately attract one to this Silver Dollar Back.
Fr. 261 $5 1886 Silver Certificate PMG Very Fine 30. This is a solid representative for the grade with nice margins on both face and back.
Fr. 261 $5 1886 Silver Certificate PMG Very Fine 25 Net. PMG points out "Discoloration Repairs, Tear". A stain has been lightly masked in the wide top margin, but the tear must be minor, as we are unable to locate it.
Fr. 261 $5 1886 Silver Certificate PMG Very Fine 25. The continuity of the back design is unaffected by the few folds that account for the grade.
From The Chenango County Collection
Fr. 262 $5 1886 Silver Certificate PMG Very Fine 25. Broad even margins and nice front to back centering add to the appeal of this Silver Dollar Back.
From The Chenango County Collection
Fr. 262 $5 1886 Silver Certificate PMG Very Good 10. Though this piece saw plenty of use in the channels of commerce, it is original and unmolested. Silver Dollar Backs are a must have for any large size enthusiast. The most common of the 1886 $5 Silvers outnumbers this note by a factor of almost 5 to 1.
Fr. 263 $5 1886 Silver Certificate PCGS Gem New 66PPQ. The most common of the Silver Dollar Backs, and an wonderful example of the type, with terrific margins, perfect color and great eye appeal. PCGS has graded five notes at this level, with none higher. A very beautiful note, and one sure to see spirited bidding tonight.
Fr. 263 $5 1886 Silver Certificate PMG About Uncirculated 55. An elusive grade for this series which depicts the earliest use of our motto "In God We Trust." The color is very vivid for a lightly handled note. Always popular and desirable, the eye appeal should bring a substantial premium.
Fr. 263 $5 1886 Silver Certificate PMG Very Fine 20 Net. The color on this moderately circulated piece is still very pleasing. PMG notes repairs in the center, though the design on the back is still quite handsome and will make one lucky bidder very happy.
From The Chenango County Collection
Fr. 264 $5 1886 Silver Certificate PMG Choice Fine 15. The number of folds is commensurate with a VF or even EF grade, though a bit of soiling and some splits in the margins limit the grade. PMG notes "Splits" on the holder.
From The Chenango County Collection
Fr. 265 $5 1886 Silver Certificate PMG Choice Fine 15. This is the scarcest of the Silver Dollar Backs with only thirty one examples recorded in the census. The census reveals that this piece was last sold at auction back in 1998.
From The Chenango County Collection
Fr. 266 $5 1891 Silver Certificate PMG Very Fine 20. A handsome example for the grade.
From The Chenango County Collection
Fr. 267 $5 1891 Silver Certificate PMG About Uncirculated 55. An attractive "Open Back" $5 with all the eye appeal usually seen on CU examples.
Fr. 267 $5 1891 Silver Certificate PMG Extremely Fine 40. Broad, even margins add to the eye appeal.
From The Chenango County Collection
Fr. 267 $5 1891 Silver Certificate PMG Very Fine 25. This scarce type is actually rarer than the ever-popular 1886 Silver Dollar Back $5s, although in today's market the 1891 series can be purchased for a comparable bargain. This example is attractive and problem-free for the grade.
Fr. 267 $5 1891 Silver Certificate PMG Very Fine 25. A moderately circulated example that retains crisp paper, bright colors, and nice eye appeal. The margins are more than acceptable, and the note is basically problem-free for the grade.
Fr. 267 $5 1891 Silver Certificate PMG Choice Fine 15. Solid margins are welcome even on mid-grade issues such as this open-back $5. The paper is wholly intact and the wear exhibited is perfectly even.
Fr. 268 $5 1896 Silver Certificate PCGS Gem New 65PPQ. This handsome $5 Educational certainly appears to have earned every point and letter of its 65PPQ grade. The note is totally fresh, the margins are broad and even, and the color is as bright as the day the note was made. Not a truly rare note, not even in this grade, but these are so immensely popular that demand continually outstrips supply. This piece is as nice as any at this grade level and well deserves to realize a number at the upper-end of the anticipated price range.
Fr. 268 $5 1896 Silver Certificate PMG Extremely Fine 40. A three fold EF with the margins and color of a much higher graded piece.
From The Chenango County Collection
Fr. 268 $5 1896 Silver Certificate PCGS Fine 15PPQ. Huge margins surround this evenly circulated Educational Five. PCGS considers it a premium piece for the grade, hence the PPQ designation. It is hard to imagine a note graded Fine being any nicer than this one.
Fr. 269 $5 1896 Silver Certificate PCGS Superb Gem New 67PPQ. A large number of uncirculated $5 Educationals are listed in the census. Due to their value, this is one of the most submitted notes, with nearly half of the known population already graded by either PMG or PCGS. The grading service standards, however, have resulted in only a few labeled Superb Gem, with only one 68 recorded for this issue. As a perennial favorite, this well margined and vividly colored beauty will likely exceed our estimate of...
Fr. 269 $5 1896 Silver Certificate PMG Gem Uncirculated 66 EPQ. A spectacular $5 Educational with broad even margins, ideal colors, and easily-seen original embossing. PMG has awarded this magnificent note their Exceptional Paper Quality comment. That, along with its other technical attributes and unequaled visual allure, could well push this up to a record price for the grade. This will be the first PMG 66 EPQ to auction, although a 67 sold last year for just over $33,000. Our estimate may well prove conservative for this simply gorgeous example.
Fr. 269 $5 1896 Silver Certificate PMG Choice Very Fine 35. "Great Embossing" is noted by PMG. This piece is a couple too many folds away from EF. The paper is bright and attractive and the colors are perfectly complementary.
From The Chenango County Collection
Fr. 269 $5 1896 Silver Certificate PCGS Apparent Fine 15. A few minor repairs have been made in the fold lines on this otherwise bright and evenly circulated Educational Five.
Fr. 270 $5 1896 Silver Certificate PCGS Choice About New 55. Fr. 270 is by far the scarcest of the three Five Dollar Educational notes. This is an appealing example that is well margined with great color.
Fr. 270 $5 1896 Silver Certificate PMG Very Fine 30. A beautifully margined example of the scarcest signature combination of the three different Educational Fives. The colors are terrific for a circulated note and the piece is totally problem free, as well as strictly original. The embossing of the serial numbers still shows in spite of this note's circulation as attested to by PMG's comment, "Great Embossing."
From The Chenango County Collection
Fr. 270 $5 1896 Silver Certificate PMG Very Fine 30. Great color and bright paper accompany this much heralded design of Electricity Presenting Light to the World. The PMG label notes "Repairs," which are quite minor and affect little.
Fr. 270 $5 1896 Silver Certificate PMG Fine 12 Net. This is the scarcest Friedberg number for the $5 Eds. This example faces up well while discoloration is found on the back.
Fr. 271 $5 1899 Silver Certificate CGA Gem Uncirculated 68. An essentially flawless Chief. The note has beautifully broad margins, fully bright colors, deep original embossing and all the technical and aesthetic merit that the very fussiest collector could ever hope to find in a Type Note.
Fr. 271 $5 1899 Silver Certificate PMG Choice About Unc 58. Bold colors are noted on this piece, which also garnered the revered PMG comment, "Great Embossing."
Fr. 271 $5 1899 Silver Certificate PMG Choice Extremely Fine 45. The first of the Chiefs, and a very handsome one at that, with generous margins all around and excellent color.
From The Chenango County Collection
Fr. 272 $5 1899 Silver Certificate PMG About Uncirculated 55 EPQ. A bright Chief which has sustained a light fold. Prominent embossing is noticed.
Fr. 272 $5 1899 Silver Certificate PMG Very Fine 25. Solid margins and deep blue color on the serial numbers and seal add to the appeal of the bright white paper.
Fr. 273 $5 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. Unusually broad margins for the type are seen on this perfectly printed Chief. The embossing is easily seen in the holder and the paper is fresh and original. In January of this year, two examples of this Friedberg number sold in the Heritage FUN Auction for $32,200 and $20,700 respectively. While those numbers may be an aberration, expect a healthy realization of...
Fr. 273 $5 1899 Silver Certificate PMG Choice Extremely Fine 45. The lack of any folds that are visible through the holder gives this pleasing note a full CU appearance. Each of the margins is ample, though a touch uneven.
Fr. 273 $5 1899 Silver Certificate PCGS Extremely Fine 40PPQ. A lovely XF Chief of a signature number that is quite a bit scarcer. The deep original embossing is plainly evident through the third party holder, and the note is bordered by broad, even margins. A perfect, lightly circulated type note.
Fr. 273 $5 1899 Silver Certificate PCGS Very Fine 35PPQ. The folds are faint on this attractive Chief that is knocking on the door of a higher grade.
Fr. 273 $5 1899 Silver Certificate PMG Very Fine 30. This $5 Chief is very crisp and displays great coloring. The note has nice margins, too.
From The Chenango County Collection
Fr. 273 $5 1899 Silver Certificate PMG Very Fine 25. This is a nice circulated example of this popular type.
Fr. 273 $5 1899 Silver Certificate Very Fine. The description the last time we sold this note was, "PMG has noted, 'Margin Repairs,' but if they're here at all, they're quite minor. The note does have a little bit of soil, but it faces up quite nicely for a VF." Now it's out of the holder...we still do not see the repairs.
Fr. 273 $5 1899 Silver Certificate PMG Very Fine 20. The paper is pleasingly original, though a bit of soiling may have precluded it from an EPQ designation. The overprint remains midnight blue.
Fr. 273 $5 1899 Silver Certificate PMG Very Fine 20. The Onepapa vignette is strong. PMG notes "Stains."
Fr. 274 $5 1899 Silver Certificate PMG Extremely Fine 40 Net. One of the extra wide margins exhibits a tear repair as noted by PMG. With a net grade of EF, it is likely the body of the note is a full AU.
Fr. 274 $5 1899 Silver Certificate PMG Extremely Fine 40. Excellent color is found on this "A" plate letter note.
Fr. 274 $5 1899 Silver Certificate PCGS Very Fine 30. Excellent eye appeal and great color are exhibited by this Chief.
Fr. 274 $5 1899 Silver Certificate PMG Very Fine 25. A bright and crisp moderately circulated Indian Chief that is just about perfect for the grade.
From The Chenango County Collection
Fr. 275 $5 1899 Silver Certificate PMG Very Fine 25. The Onepapa vignette remains strong, as does the overprint.
Fr. 276 $5 1899 Silver Certificate PMG Fine 12. The Napier-Thompson signature combination is by far the key to a collection of Chiefs, with around 50 serial numbers currently in the census. Just honest wear is observed on this well circulated example.
From The Chenango County Collection
Fr. 277 $5 1899 Silver Certificate PMG Very Fine 30 Net. Chiefs are popular and represent a classic design in American paper money. This $5 faces up well with bright paper, full margins, and a nice blue overprint. The label says split repair. This single repair is small and within the top margin at center.
Fr. 277 $5 1899 Silver Certificate Star Note PCGS Very Fine 20. Replacement Chiefs have always been difficult items to obtain. The most recent Murray census lists only nine star notes for this signature combination. This example is pleasing with bright colors and no problems to note. Catalogue value in the new edition is $6000.
Fr. 277 $5 1899 Silver Certificate Fine-Very Fine. The colors remain bright on this evenly circulated Chief that appears to have been wet at one time.
Fr. 278 $5 1899 Silver Certificate PCGS Choice About New 55PPQ. A nice high-end AU that seems to be in the perfect holder. The original embossing is easily seen and the note has a touch too much handling for the 58 grade. A beautiful, fresh, and original Chief.
Fr. 278 $5 1899 Silver Certificate PMG Extremely Fine 40 Net. This well embossed Chief has the appearance of a CU note but some minor repair work has been done toward the top margin resulting in a Net grade from PMG.
From The Chenango County Collection
Fr. 278 $5 1899 Silver Certificate PMG Very Fine 25. A bright, crisp, and very appealing mid-grade Indian Chief.
Fr. 278 $5 1899 Silver Certificate PCGS Fine 15PPQ. A lovely original Chief. It is very close to the full VF grade.
Fr. 280 $5 1899 Mule Silver Certificate CGA Gem Uncirculated 66. This Chief has natural paper wave and embossing.
Fr. 280 $5 1899 Mule Silver Certificate PMG Gem Uncirculated 65 EPQ. Embossing of the serial numbers and even the V and FIVE overprint are easily seen in the holder. Both the front and back designs are well centered within sizeable margins.
Fr. 280 $5 1899 Mule Silver Certificate PCGS Very Choice New 64PPQ. This bold Chief certainly would have garnered the Gem designation with a wider bottom margin.
Fr. 280 $5 1899 Mule Silver Certificate PCGS About New 50PPQ. For the grade, one would expect an obvious fold. The two light bends that account for the grade are really only visible from the back, giving this note a full Gem appearance.
Fr. 280 $5 1899 Mule Silver Certificate PMG Extremely Fine 40. Burke back plate number 1261 is noticed on this well margined Chief that remains quite bright and colorful.
Fr. 280 $5 1899 Mule Silver Certificate PMG Very Fine 25. Surprisingly, this VF Chief, which still has some serial number embossing, appears fully EF in the holder. A strong vignette and dark blue overprint add to the eye appeal.
Fr. 281 $5 1899 Silver Certificate PMG Gem Uncirculated 66 EPQ. A strongly embossed and deeply inked example from the last Friedberg number for the issue. There never seem to be enough examples of this type in top grade to satisfy collector demand. Expect to see this lovely note hammer in the area of. . .
Fr. 281 $5 1899 Silver Certificate PCGS Very Choice New 64PPQ. All of the right paper waves are noted in all the right places. The margins are sizeable and similar to what we've seen on some examples graded Gem. Embossing of the overprint is also easily visible in the holder.
Fr. 281 $5 1899 Silver Certificate CGA Choice Uncirculated 63. Fr. 281 is the final signature combination of the Chiefs and the most available number in the uncirculated grades. This makes it the least expensive way to represent the type in Choice condition.
Fr. 281 $5 1899 Silver Certificate PMG About Uncirculated 55 EPQ. A very well margined, good looking example of this final signature combination of the 1899 Fives.
Fr. 281 $5 1899 Silver Certificate PMG About Uncirculated 55 EPQ. Some light handling on the right side appears to be the only detracting factor on this very well margined, good looking example of the final signature combination of the 1899 Fives.
From The Chenango County Collection
Fr. 281 $5 1899 Silver Certificate PMG Very Fine 30. The Central vignette is bold and uninterrupted by the wear that is noted on this mid-grade note.
Fr. 281 $5 1899 Silver Certificate PCGS Very Fine 25PPQ. The paper is exceptionally bright for the grade and clearly original.
Fr. 281 $5 1899 Silver Certificate PMG Very Fine 25. A nicely centered Indian Chief note with considerable crispness and original paper surfaces.
From The Chenango County Collection
Fr. 281 $5 1899 Silver Certificate PMG Very Fine 20. The black devices remain bold. Some minor pinholes are noted on this example.
Fr. 281 $5 1899 Silver Certificate PMG Very Fine 20. A medium grade Chief which has nice margins for the type and bright ink colors.
Fr. 282 $5 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ. Strong embossing was produced when the dark blue overprint was applied to this delightful Porthole. The Porthole note derives its nickname from the design layout which resembles Lincoln being encircled by a porthole. This is a lovely example that is certain to please even the most discriminating of collectors.
Fr. 282 $5 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ. A handsome and clearly fully Gem example of this very popular Lincoln Porthole type. The original embossing is easily seen through the third-party holder, and the centering of both sides more than qualifies for the assigned 65 grade.
Fr. 282 $5 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ. This gorgeous Porthole drips with originality. The fine lines that frame the obverse exhibit full embossing on the back of the note, and each of the design elements is printed perfectly.
Fr. 282 $5 1923 Silver Certificate CGA Gem Uncirculated 65. Bold embossing, natural paper wave, and nice margins define this quality Porthole. This particular note starts off a short run of uncs in the census for this design.
Fr. 282 $5 1923 Silver Certificate PCGS Very Choice New 64. A near-Gem example of this popular Porthole type. It's quite well centered on both sides, with bright, full color and appealing paper surfaces. This is a very popular type, and there never seem to be enough available to satisfy collector demand.
Fr. 282 $5 1923 Silver Certificate PMG Choice Uncirculated 63 EPQ. The slightly tight top margin appears to be what held this brightly colored and deeply embossed Porthole Five to the Choice grade.
Fr. 282 $5 1923 Silver Certificate CGA Choice Uncirculated 63. The top margin is a bit tight though the colors are bright and embossing strong.
Fr. 282 $5 1923 Silver Certificate PMG Choice About Unc 58 EPQ. Careful scrutiny finally reveals a trace of handling on this lovely Porthole that has nice margins, solid embossing, and wonderful paper surfaces. A Gem-looking note for a fraction of the price.
Fr. 282 $5 1923 Silver Certificate PMG Choice Extremely Fine 45 EPQ. The originality of the paper is easily seen through the PMG holder. In 2007 we had a PMG 40 Porthole go for just $10 shy of $3000.
Fr. 282 $5 1923 Silver Certificate PMG Choice Extremely Fine 45. This Porthole possesses natural paper ripple and embossing.
Fr. 282 $5 1923 Silver Certificate PMG Extremely Fine 40 EPQ. A pleasing Porthole in an always popular collector grade. Three vertical folds and some handling are visible, as well as strong embossing.
Fr. 282 $5 1923 Silver Certificate PMG Extremely Fine 40 EPQ. There is little wonder why this note earned an EPQ designation. The paper is bright, well margined and well embossed.
Fr. 282 $5 1923 Silver Certificate PMG Extremely Fine 40 EPQ. A totally natural Porthole, with a bright blue overprint and original paper surfaces.
From The Chenango County Collection
Fr. 282 $5 1923 Silver Certificate PMG Extremely Fine 40. This wonderful Porthole is in a very elusive collector grade. The surfaces are possess plenty of eye appeal and the margins are solid.
Fr. 282 $5 1923 Silver Certificate PMG Very Fine 25. Portholes are a one number Friedberg type and very popular. The edges have escaped the ravages of circulation and the paper appears crisp. The blue overprint complements the nice appearance of this note.
Fr. 282 $5 1923 Silver Certificate PCGS Very Fine 25. A very nice piece with moderate circulation. Fortunately, none of the folds that account for the grade have interrupted the design elements.
Fr. 282 $5 1923 Silver Certificate PMG Very Fine 25. A pleasing, problem-free example from the middle of the grading spectrum. Four solid margins are always nice on a VF.
Fr. 282 $5 1923 Silver Certificate CGA Very Fine 20. This is an evenly circulated mid-grade Porthole. There is some staining on the back.
Fr. 282 $5 1923 Silver Certificate Very Fine. The paper surfaces are a little slick. There are two areas of redrawing apparently to mask some minor damage.
Fr. 282 $5 1923 Silver Certificate PMG Choice Fine 15. No problems are noticed on this still bright Porthole.
Fr. 282 $5 1923 Silver Certificate PMG Choice Fine 15. A side by side comparison with many VFs will push many collectors to choose this attractive piece. PMG notes a missing corner, though most collectors will completely ignore such a miniscule portion of missing paper.
Fr. 288 $10 1880 Silver Certificate PMG Choice Uncirculated 63. If we reference this note's last auction appearance in January of 1999, we see a pleasing physical description and a nice hint about pedigree, "Our consignor purchased this note directly from William Philpott in 1959 and has had it in his collection since that time. It's an absolutely magnificent example, with perfect color, excellent margins all around and deep, clear, original embossing." PMG notes "Portrait Restoration". Magnification reveals this is one of the best restoration jobs we've ever seen and will likely be a minor factor at best when the gavel falls this evening.
Fr. 289 $10 1880 Silver Certificate PMG Very Fine 25. This piece was last seen in late 1998. Since that time, prices for brightly colored examples such as this have climbed steadily. Expect today's realization to be in the neighborhood of...
From The Chenango County Collection
Fr. 290 $10 1880 Silver Certificate PMG Fine 12 Net. This previously unreported example boasts the eye appeal needed for a full VF. PMG indicates the note is repaired, which is evidenced in the margins when the note is candled. The repairs are so well executed that they are not immediately visible.
Fr. 292 $10 1886 Silver Certificate PMG Choice Fine 15. 1886 series Tombstones with their early ornate back style are difficult to locate in any grade. This solid Choice Fine is a well margined piece with excellent color and margins and it should please any collector of circulated type. Just over 65 examples of this number are known in all grades combined.
From The Chenango County Collection
Fr. 293 $10 1886 Silver Certificate PCGS Extremely Fine 45. A wonderful mid-grade example that has the look and appearance of a far higher grade note. The red seal contrasts nicely against dark inks on this note from this pleasing design type.
Fr. 293 $10 1886 Silver Certificate PCGS Fine 15. This is another pleasing average circulated example that carries the large red Treasury seal. It remains bright and colorful.
Fr. 293 $10 1886 Silver Certificate PMG Choice Fine 15. Only two signature combinations of this design have the attractive large red Treasury seal. This is a well circulated but solid example.
From The Chenango County Collection
Fr. 294 $10 1886 Silver Certificate PMG Very Fine 20. This Friedberg number is a bit better than the most common Fr. 293. The large red seal remains bright on the face and only even circulation is observed.
From The Chenango County Collection
Fr. 295 $10 1886 Silver Certificate PMG Very Fine 20. A solid mid-grade example of this scarcer Friedberg number with a seal boasting most of its original brown color.
From The Chenango County Collection
Fr. 296 $10 1886 Silver Certificate PMG Choice Fine 15. A scarce note, with fewer than 60 examples known in all grades combined. This one is well margined, with a rather pleasing overall appearance in spite of sustaining some moderate circulation.
From The Chenango County Collection
Fr. 298 $10 1891 Silver Certificate PMG Gem Uncirculated 66 EPQ. Fr. 298 is a much scarcer number with only 61 examples known in all grades combined. Track & Price lists only four of them as Uncirculated. The highest grade piece to auction was the serial #8 note in a PCGS 67 holder, which realized $69,000 in our September 2006 sale. This PMG 66 EPQ is the highest grade piece that PMG has certified with a 64 the next closest. The note is a beauty with broad, even margins, and the Exceptional Paper Quality comment testifies to its originality.
Fr. 298 $10 1891 Silver Certificate PCGS New 62. Of the roughly 60 examples of this number known to exist, the vast majority of the uncirculated pieces come from the first nine notes produced. After these first nine notes, the lowest recorded serial number is well up into the five-figure range. The other single-digit notes are tightly held: two are permanently impounded and the other seven seldom reach the market. Other than the serial number 1 note, the last opportunity to purchase one publicly was when we sold the serial number 8 note in September 2006. At that time, it almost doubled its $35,000 estimate and ran to $69,000 on the floor in a protracted bidding battle. When we sold this note in 2005, we stated, "The only other piece from this run to reach the market was the serial number 1 note which we sold in January of 2000 for $110,000. The collecting community is very lucky to have another opportunity to obtain another single-digit Tombstone with a wait of less than a decade." This pleasing, well margined and colorful note does not show up in the most recent Track & Price census data.
Fr. 298 $10 1891 Silver Certificate PMG Very Fine 25. A handsome Tombstone of a somewhat less common number. Track & Price indicates only 61 examples are known compared to the next Friedberg number signature combination with 255 pieces known. This note is completely bright and clean.
From The Chenango County Collection
Fr. 299 $10 1891 Silver Certificate PMG About Uncirculated 55. This note has the extra broad side margins that are a trademark of this late-19th century Silver Certificate type. It also has more than acceptable margins for the top and bottom. Embossing and vibrant color are certainly seen on this lightly handled Tombstone.
From The Chenango County Collection
Fr. 299 $10 1891 Silver Certificate PCGS Apparent Very Fine 35. The "Apparent" grade is unfortunate as the discoloration spot on the back is only a few millimeters across.
Fr. 299 $10 1891 Silver Certificate PMG Very Fine 25. This popular design is increasingly harder to find in dealers inventories. The blue serial numbers are bold and the paper is solid.
Fr. 300 $10 1891 Silver Certificate PMG Very Fine 30. Jumbo margins are noted on three sides and the last is still as large as most examples of this series display. None of the colors has been affected by time or circulation.
Fr. 300 $10 1891 Silver Certificate PCGS Very Fine 30. This is certainly a nice mid-grade example of this number. The census figure for this Friedberg number has remained at 92 for several years now.
From The Chenango County Collection
Fr. 300 $10 1891 Silver Certificate PMG Very Fine 30. This is a solid example of a "Tombstone Note", so-called because of the shape of the border around former Vice President Hendricks' portrait. The design of this note was originally introduced on the 1886 Series notes shortly after Vice President Hendricks passed away in office on November 25, 1885.
Fr. 300 $10 1891 Silver Certificate PMG Very Fine 25. No fold can be singled out as being a distraction from the overall eye appeal of this piece. The margins are full and the colors remain bright.
Fr. 301 $10 1891 Silver Certificate PMG About Uncirculated 53. Decent margins and excellent color are noted on this Silver $10. It is no surprise that this piece is listed in the census as Choice CU, as it has all the eye appeal of a fully uncirculated issue.
Fr. 301 $10 1891 Silver Certificate PMG Very Fine 30. The bright devices and lack of distracting folds give this note an overall EF look.
Fr. 302 $10 1908 Silver Certificate PMG Choice Extremely Fine 45 EPQ. A wonderful Tombstone that delivers strong contrast between the blue overprint and face printing.
Fr. 302 $10 1908 Silver Certificate PMG Choice Fine 15. The last few years have seen the census increase by just a trio for this Friedberg number. Now, another addition can be made.
From The Chenango County Collection
Fr. 303 $10 1908 Silver Certificate PCGS Gem New 65. To date, this Gem New 65 is the only note at this level that PCGS has graded, with none grading higher. The colors are wonderful, and the margins clearly support the 65 grade. Fr. 303 is not a terribly rare number with a few over 100 known, but it is quite rare in top grade. When this note last sold at auction of November 2007, it realized $8,625--a number that should be easily eclipsed this evening.
Fr. 303 $10 1908 Silver Certificate PMG About Uncirculated 55. A broadly margined example of this final Tombstone type with the blue seal at the right and blue "X" at the left. A good-looking note, with decent centering of both sides and strong color. A popular type, sure to see spirited bidding.
Fr. 303 $10 1908 Silver Certificate PMG Very Fine 30. Of the three Friedberg numbers for this design with the added blue "X" counter, Fr. 303 is easily the scarcest.
Fr. 303 $10 1908 Silver Certificate PMG Fine 12. This Tombstone is strictly original and perfect for the grade. January 2008 saw us sell another PMG 12 for $805.
From The Chenango County Collection
Fr. 304 $10 1908 Silver Certificate PMG Extremely Fine 40. Across the board, census figures on Tombstones have remained pretty stable over the years with this Friedberg number being no exception. The last time we offered this Friedberg number near EF 40 was a raw VF-XF that brought $2185 in September 2007. This is a nice example for the grade and should at least approach, if not surpass, the previous amount.
From The Chenango County Collection
Fr. 304 $10 1908 Silver Certificate PMG Choice Fine 15. "Evenly circulated, unmolested and problem free. A choice circulated example from the final Tombstone signature combination" was our description back in 2003. PMG concurs with the grade as well.
Fr. 311 $20 1880 Silver Certificate PCGS About New 50. Although Fr. 311 is not a terribly rare number with 135 pieces known, it is a significant rarity in high grade. The only PCGS or PMG note above this level to have sold at public auction was a PMG 58 which realized $37,000 in June 2007. Below that, was a PCGS 45 which we sold this past April for over $18,000. The note has the appearance of a Gem Uncirculated piece, with broad margins, perfect color and razor-sharp print quality. Both sides are beautifully centered, and the black ink of the back is so bold as to be nearly reflective. A very handsome example of a type that is seldom available in this high a grade.
Fr. 312 $20 1880 Silver Certificate PMG Very Good 10 Net. This piece was first added to the census in 1979. It was not seen until this year. Currently only 34 examples of this $20 Silver are known to collectors, though only about three pieces actually make it to auction in a given year. This piece shows some splits and corner repairs as noted by PMG. The repairs blend well into the note and are not a hindrance to the eye appeal.
Fr. 314 $20 1886 Silver Certificate PMG Choice Fine 15. The strongest design element on this evenly circulated $20 Silver is its vividly colored "ornate back" design. PMG notes closed splits, two of which appear in the side margins. They were professionally executed and only give up their location when the note is candled.
From The Chenango County Collection
Fr. 317 $20 1891 Silver Certificate PMG Very Fine 20. Only a little over 50 examples are known of this Friedberg number. This note has excellent color for the grade and it is likely to be pursued actively by collectors who are beginning to focus on the importance of low-census notes. We last sold this note in September 2004 when it was in a different grading service holder. It has crossed over to PMG at the same grade level and we feel the Green Sheet figure of $2000 in VF 20 is just about right.
From The Chenango County Collection
Fr. 318 $20 1891 Silver Certificate PMG Choice Extremely Fine 45. A grade of EF would indicate this note has three or more folds, though they are virtually invisible in the holder. Add a bold red seal, deep blue serial numbers, four solid margins and the eye appeal is "Gemmy".
Fr. 318 $20 1891 Silver Certificate PMG Choice Very Fine 35. As a high end VF, this note is just a fold or two away from the higher grade, but it already has "the look" of a higher grade note.
Fr. 318 $20 1891 Silver Certificate PMG Very Fine 30. Few notes in the VF grade range boast the eye appeal of this note. The margins are solid and the printed design details are virtually uninterrupted by the few folds that account for the grade.
Fr. 318 $20 1891 Silver Certificate PMG Very Fine 20. This is a most pleasing example of a popular type note. Despite some even circulation, the red seal and blue serial numbers remain perfectly bold. The sizeable margins add to the overall eye appeal.
Fr. 318 $20 1891 Silver Certificate PMG Choice Fine 15. A most pleasing Manning for the grade.
Fr. 318 $20 1891 Silver Certificate PMG Fine 12. A circulated example of this scarce type that displays a portrait of Treasury Secretary Daniel Manning and two allegorical figures that represent Agriculture and Industry. A pleasing example for the grade, this piece has a little soil from honest circulation but is problem-free overall.
From The Chenango County Collection
Fr. 319 $20 1891 Silver Certificate PMG Very Fine 20. From our 1998 Rosemont sale, "Great margins, no problems and strictly unmolested. A very nice circulated Type Note of a far less common number." Gengerke currently lists 57 examples, with more than half that number graded Fine or less.
From The Chenango County Collection
Fr. 320 $20 1891 Silver Certificate PMG Very Fine 25. This bright example is not listed in either Gengerke or Track and Price, having been acquired by our consignor privately in 2000. A nicely margined example of this 1891 Double Sawbuck Silver Certificate. This is the earlier variety with the red seal and the blue serial numbers. The note has circulated lightly and picked up a few folds, but it has virtually no soil or other distractions.
From The Chenango County Collection
Fr. 321 $20 1891 Silver Certificate PMG Very Fine 25. This is a pleasing example to represent the type. It is nicely margined and bright with loads of eye appeal. Clean original notes such as this always prove to be popular. The last appearance of this note took place in a February, 1997 sale.
From The Chenango County Collection
Fr. 322 $20 1891 Silver Certificate PMG Fine 12. The color remains bright despite the wear sustained.
Fr. 330 $50 1891 Silver Certificate PMG Fine 12. This piece was last offered in our 2005 FUN Auction where it was described, "Although six examples of this number are documented in the census, the supply available to collectors is a scant five, with one note being permanently ensconced in the holdings of the Federal Reserve Bank of San Francisco. With this piece, we have now handled three. This particular note passed through another sale in February 2000, where it sold for $6,325. Scattered pinholes are mentioned for the sake of accuracy and full disclosure, but fail to detract from the overall attractiveness of this nice looking circulated rarity." This piece remains one of only five available to collectors and with another PMG graded Fine selling for $29,900 in March of 2007, we fully expect a realization here of...
Fr. 332 $50 1891 Silver Certificate PCGS Apparent Very Fine 25. A new entrant to the census which now stands at 21. A tiny split has been repaired at top center on this pleasing Everett. Despite the repair, this is as nice as the Flynn example, which hammered at this past Central States auction for over $37,000 on an estimate of $10,000-up. This now becomes the third nicest Fr. 332 known, and is likely to realize in the area of. . .
Fr. 332 $50 1891 Silver Certificate PMG Fine 12. Our consignor acquired this note in the 1998 Memphis sale. It is a rare number, with only twenty-one examples known in all grades combined. CAA has handled only six, every one of which, including this note which we sold once before, has been graded Fine. PMG notes tear repairs on the holder, which are only minor margin repairs. A pleasing example for the grade.
From The Chenango County Collection
Fr. 335 $50 1891 Silver Certificate PMG Very Fine 20. This note has solid margins and excellent color. Mid-grade $50 Silvers, particularly defect-free pieces such as this one, are quite difficult to locate.
From The Chenango County Collection
Fr. 343 $100 1891 Silver Certificate PMG Fine 12 Net. The Fr. 343 is the scarcer of the two Friedberg numbers representing the Series 1891 $20 design. The combined population of both numbers doesn't even reach fifty pieces, making this a very scarce type note. This piece, which has the body of a full VF, has been net graded by PMG due to a repair. Last year, this piece realized $17,825, and we expect a similar realization tonight.
Fr. 347 $1 1890 Treasury Note PMG Choice Extremely Fine 45 EPQ. The grade suggests there are about three folds that keep this from a CU level, though they are so light, and the paper quality so nice, they are virtually invisible in the holder.
Fr. 347 $1 1890 Treasury Note. Courtesy Autograph. PMG Choice Extremely Fine 45. This lightly circulated Treasury Ace carries the courtesy autograph of U. S. Treasurer J. N. Huston. Nice margins and vibrant color are seen on this example that has the initial appearance of a much higher grade.
Fr. 347 $1 1890 Treasury Note PMG Extremely Fine 40. PMG has commented "Trimmed" which certainly seems correct as the note is very tightly margined on three of the four sides. It is quite apparent from the face, but less noticeable on the important ornate back, as that design is smaller than the face and actually appears quite well margined.
Fr. 347 $1 1890 Treasury Note PMG Extremely Fine 40. The folds that account for the grade are nearly invisible in the third party holder, giving this note an overall AU appearance or better.
Fr. 347 $1 1890 Treasury Note PMG Very Fine 30. The ornate back design is still vivid, as are the seal and paper.
Fr. 347 $1 1890 Treasury Note PMG Very Fine 30. This design captivates viewers as it is quite ornate. A pleasing well inked example that faces up well. PMG notes split repair on back, which is a margin repair on the hard center fold. This example is new to the census, having been acquired privately in 1998.
From The Chenango County Collection
Fr. 348 $1 1890 Treasury Note PMG Very Fine 30. From our 2003 sale of the Hubbard Collection, "Another lovely, evenly circulated, natural note from the Duke Hubbard Collection. There is not a single distraction of any kind on this popular early Treasury Ace. Fr. 348 is the scarcest by far of the One Dollar Treasuries."
Fr. 348 $1 1890 Treasury Note PMG Very Fine 25. Previously lot 2992 in our 1997 FUN sale, selling at the time for $402.50. Expect to pay triple that amount in today's market. Minor repairs are noted on the holder, which appear to be along the folds in the margin.
From The Chenango County Collection
Fr. 350 $1 1891 Treasury Note PMG Gem Uncirculated 66 EPQ. PMG has commented "Exceptional Paper Quality, Great Embossing" and this note certainly has both. It is also very nicely margined with bright paper and ink color. This is a type that simply does not get much better than this.
Fr. 350 $1 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. Four hefty margins are noted on this Treasury Ace. The embossing is exceptional as is the paper quality.
Fr. 350 $1 1891 Treasury Note PMG About Uncirculated 55. This lightly toned piece has boldly printed devices and a rich red overprint. PMG mentions glue on the bottom margin on back. If it's there, it is completely concealed by the holder.
Fr. 351 $1 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. The serial number on the lower left resides over an entirely open area of the back, displaying bold embossing. The colors are ideal for a Gem.
Fr. 351 $1 1891 Treasury Note Courtesy Autograph PMG Gem Uncirculated 65 EPQ. This is the first time we have had the pleasure to offer a Coin Note personally autographed by D.N. Morgan in one of our auctions. He was gracious enough to sign this gorgeous note listing his title and years of service from 1893-1897.
Fr. 351 $1 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. This piece is very well embossed and the paper is as fresh as one could hope for.
Fr. 351 $1 1891 Treasury Note PCGS Choice About New 55. A few light corner folds are visible through the third party holder on this handsome, AU Treasury note.
Fr. 351 $1 1891 Treasury Note PMG About Uncirculated 55. A nice example of a popular type, with original surfaces that are noticed through the holder. PMG has noted "Tear" on back.
Fr. 351 $1 1891 Treasury Note PMG Choice Extremely Fine 45 EPQ. A perfect example for a high-end circulated collection. Our consignor purchased this note at a New York show in 2000, as it is not listed in either census. Prominent embossing is seen, attesting to the originality of this popular Coin Note, as PMG states on the back of the holder, "Exceptional Paper Quality, Great Embossing".
From The Chenango County Collection
Fr. 351 $1 1891 Treasury Note PMG Extremely Fine 40 EPQ. A beautiful three-fold example with solid colors and strong remaining embossing.
Fr. 352 $1 1891 Treasury Note PCGS Gem New 66PPQ. Paper originality that is second to none is noticed. The note is broadly margined all the way around, with wonderful color of the inks and paper, and bold original embossing that is easily seen through the encapsulation.
Fr. 352 $1 1891 Treasury Note PMG Gem Uncirculated 66 EPQ. This is a lovely Coin Note with its bold embossing, full margins, and nice centering. These traits have earned it its highly coveted grade. With 67s trading for $4300 or more, we can easily see this note obtain a winning bid in the range of...
Fr. 352 $1 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. This beautiful D plate letter note has the wide bottom margin that is associated with its position on a four-subject sheet.
Fr. 352 $1 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. A fully Gem Stanton Treasury Ace that carries the "Exceptional Paper Quality" comment. Scarce in the grade and extremely popular.
Fr. 352 $1 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. A fresh original Stanton Ace that is bursting with color and embossing. It's just a hair of top margin away from the Superb grade.
Fr. 352 $1 1891 Treasury Note PMG Choice Uncirculated 64 EPQ. The front to back centering is nearly perfect. While we have seen similar margins on notes graded Gem, the top margin is a little smaller than the bottom, resulting in the near-Gem grade. Each of the design elements is wholly original, with pleasing paper wave.
Fr. 352 $1 1891 Treasury Note PMG Choice Uncirculated 64. We are pleased with the rich red color exhibited on the seal and serial numbers. The margins are certainly Gem worthy.
Fr. 354 $2 1890 Treasury Note PCGS Choice New 63PPQ. One of the rarest of the Treasury Notes, with only thirty-three examples recorded in all grades combined, and a note that is virtually never available in high grade. PCGS has graded just one example higher (by a single point) than this beautiful specimen that has wonderful color and margins. The back design is so vivid, it appears to be three-dimensional. In April, at our Central States Sale, we offered a PMG 58 EPQ that sold for $46,000. Expect this gorgeous piece, which displays tremendous eye appeal, to rise to a considerably higher level before the hammer falls this evening.
Fr. 354 $2 1890 Treasury Note CGA Very Fine 20. A pleasing mid-grade example of this ornate back Deuce. This piece is the scarcest of the 1890 Treasury Deuces with only about a dozen appearances in all our auctions. The census currently stands at 33 notes known, a total outnumbered by almost 5 to 1 by the Rosecrans-Huston issue.
Fr. 355 $2 1890 Treasury Note PMG Choice Fine 15 Net. Appearing to be of a higher grade at first glance, however PMG has noted restoration on the back of the holder. A professionally done repair has been done that is not even noticed unless the note is candled.
Fr. 356 $2 1891 Treasury Note PMG Choice Fine 15. An attractive example with all the eye appeal of a full Very Fine.
Fr. 357 $2 1891 Treasury Note PCGS Superb Gem New 67PPQ. PCGS has graded 62 examples of this number with none higher than this 67PPQ. PMG has graded 110, also with none higher than 67 EPQ. The note is gorgeous, with the margins, color, embossing, and overall appearance that one would expect from the Superb grade. Another PCGS 67 sold in November of last year for $13,800 and we would expect this piece to certainly equal, if not well surpass, that realization.
Fr. 357 $2 1891 Treasury Note PCGS Very Choice New 64PPQ. This Treasury Deuce has bright colors and phenomenal original embossing. The printing is sharp, and the McPherson portrait is particularly lifelike. With slightly more bottom margin, this pretty piece would have fully qualified for the Gem grade.
Fr. 357 $2 1891 Treasury Note PMG Choice Uncirculated 64 EPQ. The treasury seal is perfectly embossed revealing every single detail in the partial opening of the design on the back. The margins are certainly Gem worthy.
Fr. 357 $2 1891 Treasury Note PCGS Very Choice New 64PPQ. With a touch more bottom margin at bottom left, this beautifully fresh, originally embossed, richly colored McPherson Deuce would be a Superb Gem. A lovely example of a scarce and popular type.
Fr. 357 $2 1891 Treasury Note PMG Choice About Unc 58 EPQ. A really gorgeous McPherson Deuce, with bold, original embossing that is clearly seen, as well as broad margins and ideal color of the paper and inks. Just the faintest of handling can be seen through the third party holder.
Fr. 357 $2 1891 Treasury Note PMG Very Fine 30. A nice, evenly circulated McPherson Deuce, which carries the portrait of Union General James Birdseye McPherson, who was killed in action by Confederate pickets during the Battle of Atlanta in 1864. An attractive type note.
Fr. 357 $2 1891 Treasury Note PMG Very Fine 30. Few McPherson Deuces possess this kind of eye appeal in the VF grade spectrum. The printed devices are as bold as one will find.
Fr. 357 $2 1891 Treasury Note PMG Very Fine 25. Well margined with excellent color for the grade.
Fr. 358 $2 1891 Treasury Note PMG Very Fine 20. This McPherson Deuce is solid and has no marks or distractions of any kind. Another new to the census example that our consignor acquired privately in 1997.
From The Chenango County Collection
Fr. 359 $5 1890 Treasury Note PMG Very Fine 20. Problem-free, attractive mid-grade type notes such as this ornate back $5 Coin Note disappear faster and for longer time periods than most Gems. This piece will likely be no exception. The paper is solid, and the colors are most pleasing, especially the big brown seal.
Fr. 362 $5 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. PMG has graded a handful of notes right around this level, but there are always more customers for Gem Treasury Fives than there are notes available. This one is in an earlier PMG holder, with the "Exceptional Paper Quality," comment only on the back. A handsome note that deserves to attract quite a number of bidders.
Fr. 362 $5 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. This General Thomas note is from a run of uncirculated notes that has supplied generations of collectors with high-end examples of this type. It's a very well margined piece that carries the important "Exceptional Paper Quality," comment. Not truly rare as far as number graded are concerned, but a very popular type that is always in heavy demand.
Fr. 362 $5 1891 Treasury Note PMG Choice About Unc 58 EPQ. Union Army General George Thomas is the main focal point of this Coin Note. Thomas is considered by many students of the Civil War to be the most underrated of the Union generals. Just a touch of circulation has contributed to the grade assigned by PMG.
Fr. 363 $5 1891 Treasury Note PMG Superb Gem Unc 67 EPQ. A condition rarity that stands with just one other note at the top of the PMG census. PCGS has not graded a Fr. 363 above the 65 level. This note is all that you would expect for a 67 EPQ. The original paper surfaces are plainly evident through the third party holder, and the margins are broad and even all the way around. This spectacular Treasury Five bears the stern visage of General George W. Thomas. Although born in Virginia, he became an important and popular Union Civil War General whose name is often raised in discussions of the most underrated of our military leaders from that war. If you are looking to add a truly spectacular Treasury note to your holdings, this would be a smart choice.
Fr. 363 $5 1891 Treasury Note PCGS Choice New 63PPQ. Perfect, original embossing is clearly evident in the holder. A cherry red seal and serial numbers add to this note's overall eye appeal.
Fr. 363 $5 1891 Treasury Note PMG About Uncirculated 53. Any hint of a fold is easily concealed by the holder. The portrait is printed boldly, giving a lifelike quality to General Thomas.
Fr. 363 $5 1891 Treasury Note PCGS Extremely Fine 40. A nice looking Treasury note, with good margins and bright colors.
Fr. 363 $5 1891 Treasury Note PMG Very Fine 30 EPQ. A great-looking example with strict paper originality, good margins and bright colors, having been bestowed the Exceptional Paper Quality moniker by PMG.
From The Chenango County Collection
Fr. 363 $5 1891 Treasury Note PMG Very Fine 25. The "Rock of Chickamauga" General George H. Thomas commands this problem-free mid-grade $5. There are two ways to spell Chickamauga, with and without the "k." The battlefield spells it with a "k" and a monument to General Thomas in Chicago spells it without a "k."
Fr. 364 $5 1891 Treasury Note PCGS Superb Gem New 67PPQ. Few Thomas notes come this nice and this example is a happy exception. The margins are quite even and the centering almost perfect. Vivid colors and strong embossing are noticed within the holder. A note for the discriminating collector which has escaped the census until now. The last example of this Friedberg number we sold went for over $12,000 on an estimate of $8500-up. A similar result should be achieved.
Fr. 364 $5 1891 Treasury Note CGA Gem Uncirculated 66. A fresh Treasury Five that comes very close to the full Gem grade. If the centering, which is really quite good, were a touch better, the note would be Superb.
Fr. 364 $5 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. A Gem New certified example, with ideal color, broad margins and loads of eye appeal. The "Exceptional Paper Quality," comment attests to the piece's originality. It certainly looks to us as though it would have been equally at home in a 66 holder.
Fr. 364 $5 1891 Treasury Note PMG Gem Uncirculated 65 EPQ. Incredible embossing is noted on this $5 Coin Note. The margins are larger than usually seen for the issue and the colors remain vivid.
Fr. 364 $5 1891 Treasury Note PMG Very Fine 25. Problem free, with solid edges and no distracting marks. Featuring the vignette of General George Thomas, the Rock of Chickamauga.
From The Chenango County Collection
Fr. 366 $10 1890 Treasury Note PMG Fine 12. This is a tough design that is always high on collectors' want lists.
Fr. 368 $10 1890 Treasury Note PMG Choice Uncirculated 64 EPQ. Last April we had a PMG 64 of this Friedberg number top out at $10,350 on a $7500 estimate. The present example is as nice or even nicer than that note. We would not be surprised to see this gorgeous EPQ Sheridan fly past the earlier amount.
Fr. 368 $10 1890 Treasury Note PMG Very Fine 30. This VF is ideal for the grade as none of the folds affects the design. The intricate back design is thus left uninterrupted and the face details are as bright as one could wish for.
Fr. 369 $10 1891 Treasury Note PCGS Gem New 65PPQ. Wonderful centering is noticed on this pleasing Sheridan. The embossing and original surfaces are quite visible.
Fr. 370 $10 1891 Treasury Note PCGS Superb Gem New 67PPQ. This is a real knockout open back General Sheridan Treasury type. It is beautifully margined all around with ideal paper and ink colors. The note also boasts readily apparent deep original embossing and tremendous eye appeal. It is also the only piece certified at this rarified level by PCGS. A beautifully balanced, highly desirable example fit for the finest of collections.
Fr. 370 $10 1891 Treasury Note PMG Very Fine 30. Although this note only technically merits a VF grade because of the number of folds, the superior eye appeal will require a strong bid in order to purchase this beauty. The paper is crisp and clean, and minor signs of handling do not distract or disturb the strong colors or nice embossing. Truly an above average piece for the grade, certain to inspire spirited bidding. This is the slightly better signature combination of Tillman and Morgan.
From The Chenango County Collection
Fr. 375 $20 1891 Treasury Note PMG Choice About Unc 58. For all intents and purposes, this is a full Gem that likely never circulated. It did, however, suffer a tiny corner tip fold that intrudes into the design by a mere millimeter. It has been over two years since a really nice example of this issue has been offered in AU. While a few uncirculated pieces have been offered, an example in this grade is an intelligent way to own a great looking note for a fraction of the cost of a fully uncirculated specimen.
Fr. 378 $100 1891 Treasury Note PMG Very Fine 20 NET. Often surpassed in popularity by the Watermelon design types that preceded them, the "Open Back" $100 and $1000 Treasury Notes are classic numismatic rarities. From the Civil War to the turn of the century, the rampant counterfeiting of U.S. currency was a recurring cause of concern for the Treasury and the Secret Service. In 1891, the Treasury had to abandon its artful 1890 Treasury Note back and replace it with this anti-counterfeiting-friendly design. A modest number of high-denomination examples were printed with the new design, and all faced heavy attrition. Only one Open Back Treasury $1000 is available to collectors today, and collectors can choose from only seven of the twelve known Open Back $100's as the other five are permanently impounded in institutional collections.

Admiral Farragut, whose portrait appears on the note, was the most distinguished Naval Officer of the Civil War, and he remains known today not so much for his significant contributions to the Union victory, but for the battle cry, "Damn the torpedoes, full speed ahead." Torpedoes, in Civil War usage, referred to stationary contact mines; they were not self-propelled like the modern underwater missiles fired by submarines. The legend of Admiral Farragut is recounted by Everything2.com as follows, "Farragut had been watching the Battle of Mobile Bay from a perch high in the rigging of his flagship; the remark came after seeing another one of his ships sink in about two minutes from a Confederate torpedo, and the captain of a third Union ship tried to back off from the minefield area. The flagship drew up alongside and its captain, Percival Drayton, asked what the problem was. When the answer was 'Torpedoes,' Farragut overheard and was supposed to have said, 'Damn the torpedoes! Full speed ahead! Drayton, hard a-starboard! Ring four bells!' No more torpedoes went off as the fleet entered the bay, and they were eventually able to win the battle over the Confederate force. The quote probably garnered as much reputation for Farragut as the victory did, and he was promoted to Vice Admiral, the first person to hold that position in the U.S. Navy."

The note offered here tonight is a new piece to the census, not listed by either Track & Price or Gengerke. PMG has noted "Restoration" on the holder, which seems through the holder to be a little rebuilding of blank margin area--likely to fill small nicks. It is a very well margined piece with good color for the grade, and quite a nice overall appearance. The most recent example of an 1891 Treasury $100 to auction was the Dauer note, also in a PMG 20 holder, which we sold in September 2006 for $126,500. This note, with its virtually identical appearance should realize a shade more in today's market.
Fr. 710 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. The face margins are nearly perfect top to bottom and side to side. A rich blue overprint adds to the case for a Gem grade, though the back design is centered just a bit too high to get there.
Fr. 712 $1 1918 Federal Reserve Bank Note PCGS Gem New 66PPQ. Though the issue is common, the grade is not.
Fr. 712 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. This $1 FRBN comes extremely close to the full Gem grade because it is well margined with strong colors.
Fr. 713 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 66 EPQ. PMG has to date graded a total of 86 examples of this Friedberg number, and, of that number, 33 notes are graded 63 and above. Seven notes are currently graded 66 EPQ, with none higher. To borrow a phrase from a slightly ego-driven band that wears makeup, "If you want the best, you got the best."
Fr. 713 $1 1918 Federal Reserve Bank Note Gem New. Beautifully margined with great paper originality, perfect color and deep embossing. Not a rare type, but quite difficult to find this nice.
Fr. 715 $1 1918 Federal Reserve Bank Star Note Fine-Very Fine. About 16 star notes are known for this issue. This piece a touch nicer than a Fine we sold earlier this year for more than $500.
Fr. 716 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 66 EPQ. PMG has not graded a Fr. 716 above this level to this date, and few, if any, Federal Reserve Bank Notes will ever qualify. This piece is about as nice as they get, with excellent margins, strong embossing, and terrific color.
Fr. 716 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 66 EPQ. Friedberg 716 has long been considered one of the most difficult numbers to obtain in this series in any grade, but Uncirculated examples are especially scarce, with the current census showing just nine such pieces in all Uncirculated grades combined. This note is a new number to the short run of Uncirculated pieces that has turned up in recent years, and it may well be the best of them, as the other notes that we know of from this run all reside in 63 to 65 holders. Crackling fresh, strictly original, and with exceptional centering.
Fr. 718 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 66 EPQ. This Cleveland FRBN Ace has incredibly obvious paper originality, broad margins, terrific color, and the three-digit serial number D382A.
Fr. 718 $1 1918 Federal Reserve Bank Note CGA Gem Uncirculated 66. Punch through embossing of the appealing D406A serial number is easily seen on the back.
Fr. 718 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 65 EPQ. A pleasingly original Gem FRBN Ace with the Baxter-Fancher signatures. PMG has bestowed its "Exceptional Paper Quality" qualifier to this piece.
Fr. 718 $1 1918 Federal Reserve Bank Note Gem New. This Cleveland FRBN sports the two digit serial number D67A.
Fr. 718 $1 1918 Federal Reserve Bank Note CGA Gem Uncirculated 65. Fortunately, collectors have the opportunity of acquiring a low serial number Large type note by focusing on this district.
Fr. 718 $1 1918 Federal Reserve Bank Note CGA Gem Uncirculated 65. This three digit Cleveland Ace is well embossed. Serial number D240A falls right into a run of uncirculated notes in the census.
Fr. 718 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64. Traces of embossing remain on this choice Cleveland Ace that sports low serial number D115A. A beautiful note for type, with broad margins and bright colors.
Fr. 719 $1 1918 Federal Reserve Bank Note PMG Superb Gem Unc 67 EPQ. A simply spectacular note which is the only Fr. 719 to be graded Superb Gem Uncirculated 67 EPQ by PMG, and which is one of only a literal handful of notes graded PMG 67 for the entire $1 Federal Reserve Bank Note series. This is truly an item for those who demand, and can afford, the very finest.
From The Collection of Albert Rollins
Fr. 720 $1 1918 Federal Reserve Bank Star Note PCGS Very Fine 25PPQ. Just over a dozen stars are known for this issue. However, most are circulated pieces that will likely never earn the PPQ designation that this piece has been awarded. The paper is clearly original and the overprint is most pleasing.
Fr. 720 $1 1918 Federal Reserve Bank Star Note Fine. This pleasing example is one of seventeen Stars enumerated in the census for this Friedberg number. We had a PMG 25 go for $920 last April.
Fr. 721 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 66 EPQ. Eight years ago we said this about this note, "This Ace is of incredible quality, with amazing deep original embossing, perfect centering of both sides, exceptional color, and a great deal of eye appeal." PMG has since confirmed our observations. Neither PMG or PCGS has graded a note higher of this Friedberg number.
Fr. 729 $1 1918 Federal Reserve Bank Note CGA Gem Uncirculated 66. The paper is bright while Treasury Seal and serial number embossing is present.
Fr. 730 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 65 EPQ. Beautifully centered, and with great eye appeal along with low serial number H77A. PMG mentions "Exceptional Paper Quality, Great Embossing" on the holder, and, having sold this note the last time it was available ten years ago, we agree completely.
From The Collection of Albert Rollins
Fr. 737 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 65 EPQ. This is the first in a trio of Gem Kansas City Aces. Each of the three signature combinations is represented and provides a unique opportunity to collect the set all in one auction. This piece is bright, with a vivid, deep blue overprint and punch through embossing.
Fr. 738 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 65 EPQ. The second of a trio of KC Gem Aces. This piece is broadly margined and well embossed.
Fr. 739 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 65 EPQ. The third in a run of exquisite Kansas City Aces. This Gem has the deepest printing of the three. The last PMG or PCGS graded Gem sold two years ago and most recently a PMG 63 EPQ sold for $575. With this in mind, there is no reason why this piece is not worth...
Fr. 740 $1 1918 Federal Reserve Bank Note. Low Serial Number 12. PMG Superb Gem Unc 67 EPQ. This near-perfect Dallas Ace has the additional attribute of low serial number K12A. Between its Superb condition and double-digit serial number, it should attract some attention.
Fr. 740 $1 1918 Federal Reserve Bank Note PCGS Gem New 65PPQ. This is a strongly embossed, strictly original example that has enough margin to easily qualify for its awarded Gem grade.
Fr. 740 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. Nice centering and serial number embossing are attributes of this well preserved Dallas Ace.
Fr. 741 $1 1918 Federal Reserve Bank Note PCGS Choice New 63. From our 2007 FUN Sale where this Choice Dallas Ace was described as follows: "Of the thirty-odd pieces known of this number, there were just three Uncirculated examples prior to this piece's reappearance on the market. Our consignor indicates that it was previously part of the Amon Carter collection. He acquired it privately shortly after Amon's all too early demise." While a few more examples have been added to the census since then, none have come close to the wonderful grade of this specimen. It is still as rare and as beautiful today.
Fr. 742 $1 1918 Federal Reserve Bank Note PMG Gem Uncirculated 65 EPQ. A somewhat scarcer Friedberg number for this district, and in super condition, with excellent original embossing, near-perfect centering and bright paper colors.
Fr. 742 $1 1918 Federal Reserve Bank Note PCGS Gem New 65. A lovely Dallas Ace with vibrant ink colors that has certainly earned its "65" rating from PCGS.
Fr. 745 $1 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45 EPQ. This San Fran $1 FRBN displays natural paper surfaces that include evident embossing. In April we sold a PMG 40 for $977.
Fr. 747 $2 1918 Federal Reserve Bank Note PMG Very Fine 20. This Boston Battleship remains bright and displays strong margins.
Fr. 749 $2 1918 Federal Reserve Bank Note PMG About Uncirculated 55. Bright paper and deeply printed devices contrast perfectly. Some of the embossing is still easily seen in the holder.
Fr. 751 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. The embossing on this New York District Battleship Deuce can be easily seen through the holder. It's a handsome, well-margined piece that would likely have graded 65 or better, if the back design were not centered a bit toward the left.
From The Chenango County Collection
Cut Sheet of Fr. 752. A mini fleet for your collection. This is the first time we have offered a cut sheet for this Friedberg number. Both the top and bottom notes grade PMG Gem Uncirculated 65 EPQ, while the middle two sheets are Choice Uncirculated 64. Bold blue serial numbers and seals are noted on each example, a group sure to please even those with the most discriminating eyes.
Fr. 752 $2 1918 Federal Reserve Bank Note PCGS Very Choice New 64PPQ. The embossing is not lost in the holder. Each of the design elements is well executed.
Fr. 752 $2 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45. This New York Battleship is well margined and bright.
Fr. 756 $2 1918 Federal Reserve Bank Note PCGS Gem New 66PPQ. Few battleships show the depth of printing displayed on this piece. The color of the overprint is bold and neither service has graded a finer piece.
Fr. 757 $2 1918 Federal Reserve Bank Note PMG Gem Uncirculated 66 EPQ. A beautifully centered Battleship which is as nice as any PMG graded example of this Friedberg number. Low serial number D564A comes as a bonus, along with PMG's comments of "Exceptional Paper Quality, Great Embossing."
From The Collection of Albert Rollins
Fr. 757 $2 1918 Federal Reserve Bank Note PCGS Gem New 66. This Cleveland $2 sports low serial number D59A and PCGS has graded only one note of this Friedberg number higher as of this writing. We sold a third-party graded 67 in April 2008 for almost $14,000, making this 66 starting to look like a bargain at half the price.
Fr. 757 $2 1918 Federal Reserve Bank Note PMG Gem Uncirculated 65 EPQ. This piece is from a run of known low number pieces, which range in grade depending on their margins. This piece has margins larger than those usually seen and has thus garnered a Gem grade. Serial number D186A graces the face.
Fr. 757 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. A handsome three digit Cleveland Battleship Deuce with terrific color and bold original embossing. PMG has given this really nice type note its positive "Exceptional Paper Quality" comment.
Fr. 757 $2 1918 Federal Reserve Bank Note PCGS Very Choice New 64PPQ. A wonderful Battleship carrying desirable three digit serial number D285A. This note certainly does possess "Premium Paper Quality."
Fr. 757 $2 1918 Federal Reserve Bank Note. Low Serial Number. PMG Choice Uncirculated 64. Original embossing as well as excellent colors highlight this two digit battleship Deuce. It is graced by a low two-digit serial number of D58A.
Fr. 757 $2 1918 Federal Reserve Bank Note. Low Serial Number 71. PMG Choice Extremely Fine 45. Some embossing remains on this lightly circulated Cleveland Battleship that sports low serial number D71A.
Fr. 761 $2 1918 Federal Reserve Bank Note Choice Very Fine. This piece realized more than $600 in our 2005 Central States sale with the following description, "A very scarce note with only a few more than two dozen examples known in all grades. This is a perfectly original piece with well-balanced margins and original paper surfaces that still show their embossing. If you're looking for a lovely mid-grade Battleship to add to your collection, why not select one with some meaningful scarcity?"
Fr. 762 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. Only about fifty examples are known for this Atlanta Battleship. This one is a beauty with clearly visible paper originality, good margins, and excellent color.
Fr. 763 $2 1918 Federal Reserve Bank Note PMG Very Fine 25. Only 22 examples of this number are known, ten of which have been graded to date by PMG, with only one graded higher than this example. Not a single piece above the Extra Fine grade is listed in the Track & Price census.
Fr. 765 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. The original embossing is apparent, and the colors are fresh on this Chicago Battleship note. Just a touch more bottom margin and this bold example surely would have received a Gem grade.
Fr. 765 $2 1918 Federal Reserve Bank Note PMG About Uncirculated 55. This Chicago Battleship remains colorful and is well margined.
Fr. 767 $2 1918 Federal Reserve Bank Note PMG About Uncirculated 55. A nice AU example of this relatively common Chicago District Deuce.
Fr. 767 $2 1918 Federal Reserve Bank Note PMG Very Fine 25. An attractive Deuce with pleasing white paper. The last VF to grace an auction sold for more than $1,100.
Fr. 771 $2 1918 Federal Reserve Bank Note PMG Extremely Fine 40. On average, this Friedberg number appears at auction two to three times each year. This piece, which is an attractive and deeply printed three fold EF, is an ideal example. The paper is still intact and bright. The census takers will notice this is a new note to add, having been acquired by our consignor privately in 2001.
From The Chenango County Collection
Fr. 773 $2 1918 Federal Reserve Bank Note PMG Choice Very Fine 35. A lightly circulated Minneapolis Deuce that retains vibrant color, bright paper, and traces of embossing. This example looks as attractive as many XF's. A piece in the identical grade sold for $1,265 in our Central States sale.
Fr. 774 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 63. Our records indicate the last CU graded by PMG or PCGS to appear at auction was over two years ago. This piece comes from a run of fresh and original uncirculated pieces. Design elements from the face design are well embossed and easily visible in the open portions of the design on back.
Fr. 775 $2 1918 Federal Reserve Bank Note PMG About Uncirculated 55. This is an attractive, lightly handled Kansas City Battleship that has what appears to be a closed staple hole which has been duly noted by PMG.
Fr. 776 $2 1918 Federal Reserve Bank Note. Low Serial Number 12. PMG Choice Uncirculated 64 EPQ. A gorgeous Dallas Deuce with the low serial number K12A that comes with deep embossing and vivid colors.
Fr. 776 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. This is a beautiful serial number 3 Battleship. The embossing is particularly heavy behind the upper serial number and Treasury Seal and natural paper wave is also present. Low serial number Dallas FRBNs were originally acquired due to the efforts of William Philpott, the long-time Secretary to the Texas Bankers Association and a pioneer collector and dealer in U.S. currency. This Deuce last appeared at auction 14 years ago. Since that time, paper money collecting has developed far beyond the thoughts of anybody who was present at the sale that evening. In January 2007, we sold the serial number 12 Dallas Battleship in PMG 64 for $6900. One can expect that amount to be easily surpassed tonight for this single digit Dallas Battleship.
Fr. 777 $2 1918 Federal Reserve Bank Note PCGS Choice New 63PPQ. Thirty-four examples of this number are known, according to Track & Price. It's by far the rarer of the two Dallas Battleship Deuces and comes from a run of known uncirculated notes. Nice color and bright paper are seen on this Choice example.
Fr. 779 $2 1918 Federal Reserve Bank Note Star Note PCGS Gem New 65PPQ. This note last appeared with us at Central States, where it resided in a CGA Uncirculated 65 holder. It has crossed into a PCGS holder. The catalog description read , "A beautifully centered and fully original star note from the Merlau collection, formerly the property of New York collector Herman Halpern, whose holdings were sold back in 1995. This makes a perfect specimen for the collector who wants just one high end Battleship star, as six of the seven known star $2 notes from the San Francisco district grade About Uncirculated or better." Census numbers have not changed since then. Expect a realization in the area of. . .
Fr. 780 $2 1918 Federal Reserve Bank Note PMG Extremely Fine 40. Three folds and some light handling are noted on this note. The corners are sharp and the paper is bright and original indicating is spent very little time, if any in actual circulation. There is a bit of ink on the back, most likely from the printing process.
Fr. 780 $2 1918 Federal Reserve Bank Note PMG Very Fine 20. This is a pleasing mid-grade example of the Battleship Deuce from the San Francisco district.
Fr. 781 $5 1918 Federal Reserve Bank Note PMG Very Fine 25 Net. One of the rarest $5 Federal Reserve Bank Notes, and the only signature combination produced by the Boston district for this series. Although about 38 examples are known, they seldom reach the market; we have sold just seven in all of our combined sales. PMG has noted corner and split repairs as the reason for the Net grade.
Fr. 782 $5 1918 Federal Reserve Bank Star Note PMG Extremely Fine 40 EPQ. An incredible new discovery star note for this type and denomination which raises the reported total for the New York district to a mere two. It will also bring the total for all districts for FRBN Fives combined to an even dozen pieces. This new example is lightly circulated with nice margins and a deep blue overprint. The other known New York Five, which is reportedly similar in grade, has not been publicly offered since 1997 and sold at that time for $7,150. With rarity of paramount concern in today's marketplace, our estimate may well prove to be very conservative tonight.
Fr. 783 $5 1918 Federal Reserve Bank Note PMG Very Fine 25. A deep blue overprint is noted on this moderately circulated $5. The last PMG 25 offered at auction realized $632.50 in one of our popular weekly internet auctions.
Fr. 784 $5 1918 Federal Reserve Bank Note PMG Very Fine 20. This six digit serial number note enhances the colorful surfaces of this better Friedberg number for Philadelphia that is solid for the assigned grade.
Fr. 785 $5 1918 Federal Reserve Bank Note CGA Gem Uncirculated 66. The single most common Five Dollar Federal Reserve Bank Note. 249 examples are currently listed in Gengerke, where this serial D303A note's first recorded appearance was a 1974 Stacks sale, where it sold for $80. This note is completely original, with great embossing noticed through the holder. We would expect the hammer to fall in the range of...
Fr. 785 $5 1918 Federal Reserve Bank Note PCGS Gem New 65PPQ. This gorgeous $5 Federal Reserve Bank Note bears single digit serial number D8A. Other than the serial number 1 example, which has been off the market for nearly twenty years since it last appeared at public sale, this is the lowest serial number $5 FRBN known from the Cleveland district. It was last offered in our May, 1998 sale, where we described it as " fresh, fully original, beautifully bright and with excellent margins." PCGS clearly agrees, grading this beauty Gem New 65PPQ. Expect a realization somewhere in the range of...
From The Collection of Albert Rollins
Fr. 785 $5 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. This nicely preserved $5 last appeared at auction in 1996 and it is from a run of unc examples of this Friedberg number. There is very strong embossing throughout the large unprinted space at back center. In March 2008 we saw a PCGS 64 in this serial number range go for $1725. That figure may well prove conservative for this note tonight.
Fr. 785 $5 1918 Federal Reserve Bank Note PCGS Very Choice New 64. Pleasing margins are seen on this colorful Cleveland $5 FRBN. Always a desirable type note.
Fr. 785 $5 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45. This pleasing mid-grade note from Cleveland is well margined.
Fr. 787 $5 1918 Federal Reserve Bank Note PMG Very Fine 25. About 45 examples of this Friedberg number are currently reported. An elusive example in the higher grades.
Fr. 790 $5 1918 Federal Reserve Bank Note PMG About Uncirculated 53. Excellent color is a companion of this $5 Atlanta FRBN. April 2008 saw us sell one of these graded just two points higher by PMG for $2415.
Fr. 790 $5 1918 Federal Reserve Bank Note PCGS About New 50. A centerfold is responsible for the grade, however, it is invisible from the face giving this pleasing Atlanta $5 great overall eye appeal.
Fr. 790 $5 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45. This slightly scarce Atlanta issue has all the eye appeal of a full AU or better. The last EF to pass through auction realized more than $850.
Fr. 790 $5 1918 Federal Reserve Bank Note PMG Very Fine 25. A pleasing, mid-grade note that is problem free and well printed. This is by no means the common Atlanta Friedberg number for this design.
Fr. 799 $5 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64. Only one set of signatures were used for Minneapolis $5 FRBNs, thus there is only one Friedberg number used. That lone Friedberg number totals far fewer notes known than most of the other districts. This piece boasts margins larger than usually seen for this issue, even in Gem grades. The current population report indicates PMG has graded only one note this high with none finer. This note's last appearance at auction saw a realization of $4,000. Expect much of the same tonight.
Fr. 800 $5 1915 Federal Reserve Bank Note PMG Very Fine 20. This $5 faces up nicely for the grade while the census reports just around sixty of this Friedberg number have been enumerated.
Fr. 805 $5 1915 Federal Reserve Bank Note PMG Gem Uncirculated 66 EPQ. This is the highest graded third-party note for this Friedberg number as of this writing. Neither PMG nor PCGS has graded another example equal to or greater. This $5 has its "EPQ and Great Embossing" merits spelled out on its label. These are so obvious at back center that they will bowl you over. The wide margins and dark inks also add to the eye appeal making this a truly remarkable note. In September 2006 we sold this note for $10,350 and in January 2004 we sold another high grade example for $10,350, too. Tonight you can expect a price record to be achieved for this Friedberg number.
Fr. 806 $5 1915 Federal Reserve Bank Note PCGS Very Fine 35. An extremely rare Friedberg number, with just 14 examples listed in the census, none of which are better than About New. This is an attractive well centered piece with plenty of eye appeal. We sold another Dallas $5 in an identical grade in our Central States sale for $6,325. This one should realize about the same.
Fr. 807 $5 1918 Federal Reserve Bank Note PMG About Uncirculated 55 EPQ. A much scarcer number, with only about 25 examples known in all grades combined, of which Heritage has sold only six including this example, which last appeared in our 2007 FUN sale. It's a very well-margined, embossed piece with perfectly original paper surfaces and certainly has become no less desirable in the intervening two years.
Fr. 813 $10 1915 Federal Reserve Bank Note PMG Very Fine 25. This Chicago FRBN last appeared in our 1998 FUN sale as lot 1798, realizing $522.50 at the time. Expect to pay four to five times that money tonight, as this example is a solid VF, with wonderful margins, good color and strong eye appeal. An ideal mid-grade circulated Type Note.
From The Chenango County Collection
Fr. 813 $10 1915 Federal Reserve Bank Note PCGS Very Fine 20. The Track and Price census shows fewer than 50 examples known of this, the most common of the $10 FRBN issues.
Fr. 815 $10 1918 Federal Reserve Bank Note PMG Choice Fine 15. Only eight of this elusive Friedberg number have been graded by PMG. This is a nice representative for the grade that exhibits a bright face.
Fr. 817 $10 1915 Federal Reserve Bank Note PMG Choice Uncirculated 64. This piece comes right out of a run of uncirculated pieces. It has been offered at auction before as a full Gem and there is little wonder why, as the note is well centered and very attractive. The signatures of Cross and Miller remain bold.
Fr. 817 $10 1915 Federal Reserve Bank Note Fine. Fr. 817 is actually a scarcer note in circulated grades than in New, which makes it the perfect type example for any collector wanting to own just one $10 FRBN. It also has "Acting" engraved before "Secretary," thus adding a little individuality to this Friedberg number. This snappy example is bright and solid for the grade.
Fr. 819 $10 1915 Federal Reserve Bank Note PMG Extremely Fine 40. The only available Dallas District Ten Dollar FRBN. Track & Price indicates 45 examples are known; we sold two recently: a PMG 45 in April of '08 for $11,500, and a PMG 40 in September of '07 for $8,625. We would expect this attractive, lightly circulated note to end right around those numbers.
Fr. 824 $20 1915 Federal Reserve Bank Note PMG Choice Uncirculated 64. When we last offered this piece, it was partially described, "This magnificent example possesses attractive centering, bold colors, and fantastic eye appeal." Its eye appeal is certainly a match to the PCGS 66PPQ graded example we sold in 2006 for $29,900. To date, only 32 examples of this Chicago issue have been reported. Many of them, including this piece, come from a small run of uncirculated pieces.
Fr. 828 $20 1915 Federal Reserve Bank Note PMG Extremely Fine 40. Twenty Dollar FRBNs have always been highly regarded no matter what the district. This was never more true than last April when we sold another PMG 40 Fr. 828 for $27,600. The current example has never been up for auction before. It exhibits embossing in the large unprinted area at back center and is in our opinion a superior example for the grade.
Fr. 832b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 20. Census numbers are deceiving as Boston Red Seal FRN's do not appear in great quantities.
Fr. 833b $5 1914 Red Seal Federal Reserve Note PMG Choice Uncirculated 63. This Red Seal $5 does have natural paper ripple as seen through the PMG holder. Overall, this note is a true representative at this grade level.
Fr. 833b $5 1914 Red Seal Federal Reserve Note CGA About Uncirculated 55. Terrific color and margins are noticed on this lightly handled Red Seal from New York.
Fr. 834b $5 1914 Red Seal Federal Reserve Note PMG Choice Uncirculated 63. The Columbus and Pilgrim vignettes on the back preclude much of the serial number embossing from being visible, though it is still there. Bright white paper provides the perfect canvas for the cherry red overprint. Our records indicate the Tom Flynn example that sold for $8,625 was the first CU example to be sold in a major coin or currency auction since 2001. This piece is just as colorful, and only a point away in grade.
From The Chenango County Collection
Fr. 834b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 30. We simple love VFs that boast this much eye appeal. The candy red seal is especially vibrant on this specimen. Contrary to the PMG label, this is actually an example of the "b" variety Red Seal.
Fr. 835b $5 1914 Red Seal Federal Reserve Note PMG Choice Very Fine 35. This moderately circulated Red Seal retains most of its original color. As with the majority of our consignor's notes, this is also a new addition to both census services.
From The Chenango County Collection
Fr. 837b $5 1914 Red Seal Federal Reserve Note CGA Choice Uncirculated 63. Less than forty examples are known with just a few examples at this grade level. Auction appearances of new notes are few and far between.
Fr. 837b $5 1914 Red Seal Federal Reserve Note PCGS Choice About New 55PPQ. A lone center fold is observed on this well margined and vividly colored Red Seal. Only about three dozen examples of this issue are reported in the census, with only two Uncirculated auction appearances in the last five years.
Fr. 838b $5 1914 Red Seal Federal Reserve Note PCGS Superb Gem New 67PPQ. This is a striking Red Seal beauty with natural paper wave, a vivid red overprint, bold embossing, and pinpoint centering as well. Both PCGS and PMG have not graded another note equal to or higher than this example for this Friedberg number.
Fr. 838b $5 1914 Red Seal Federal Reserve Note PMG About Uncirculated 50. This is an attractive $5 Red Seal with dark inks and broad margins hosted by bright white paper.
Fr. 838b $5 1914 Red Seal Federal Reserve Note PCGS Very Fine 30. In April we had a similar graded raw example go for $977 on a $750 estimate.
Fr. 839a $5 1914 Red Seal Federal Reserve Note PMG Very Fine 25. To date, a little over thirty examples of this Red Seal have been reported. Of that number, one third have never been publicly offered for sale. This piece sits in the top half of the recorded survivors based on preservation. The red overprint is still bold and the paper is solid. PMG has added the accolade, "Good Embossing."
Fr. 839b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 30. It has been a year since we have offered an example in our Signature sales, and tonight we have two to choose from. This is another new to the census example, having been acquired privately by our consignor in 1997. Clean surfaces, along with a bold red seal and serial numbers are certain to please.
From The Chenango County Collection
Fr. 839b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 25. This is an exceptional "25" that exhibits bright paper, a nice red overprint, serial number embossing, plus natural paper surfaces.
Fr. 840a $5 1914 Red Seal Federal Reserve Note PMG Very Fine 25 Net. This example raises the total to thirty-three examples known of this "a" type Minneapolis Red Seal Five. Discoloration is listed as the reason for the Net grade, as the seal and serial numbers have obviously come in contact with something that has caused them to run.
From The Chenango County Collection
Fr. 840b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 25. This is a bright note that has nice paper quality. The "b" variety for Red Seals is determined by adding small number and letter district designations in the opposite corners from the large number and letter district designations.
Fr. 841b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 30. Exactly two dozen examples of this type "b" note are reported in the census, with this making that number twenty five. None of the examples enumerated in that list are reported as CU, with maybe five or six pieces that even have as shot at a better PMG grade than this example. This piece still features a deep red overprint on bright paper.
Fr. 843b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 20 Net. Another note that is new to the census, which now totals thirty-three examples. While the front of this San Francisco Red Seal lends itself to a higher grade, PMG has noted a substance on back and along with repairs as the reason for the Net grade. The repair work seems to be along the right hand fold in the margins.
From The Chenango County Collection
Fr. 847b $5 1914 Federal Reserve Note PMG Choice Uncirculated 64. PMG attributes this scarcer Boston "b" type to the Rickey Collection. The note is nicely margined with terrific color.
Fr. 848 $5 1914 Federal Reserve Note PMG Gem Uncirculated 65 EPQ. The margins on this note are larger than usually seen on this issue, even for most Gems. The paper is perfectly original, earning it the the EPQ designation.
Fr. 851a $5 1914 Federal Reserve Notes Cut Sheet of Four. This cut sheet kicks off with a PMG Choice Uncirculated 63 EPQ $5 and finishes with three PMG Choice Uncirculated 64 EPQ $5s. Each note has natural paper wave and embossing.
Fr. 851a $5 1914 Federal Reserve Star Note PMG Choice Very Fine 35 EPQ. A lovely star example which appears to be quite conservatively graded, as the appearance here is that of a full EF specimen. While not a terribly rare star number, this is the highest grade certified piece which has been offered at auction to date.
Fr. 855a $5 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. Acute corners, excellent print quality, embossing, and fresh paper intertwine on this well preserved Philly $5.
Fr. 855b $5 1914 Federal Reserve Star Note PMG Gem Uncirculated 66 EPQ. This is an excessively rare star note in every respect. It is one of only three Fr. 855b stars in the census, and part of a consecutive pair which we sold in 1999. Its mate was re-offered in 2000, and has since become part of a major star note holding. This piece went into the Albert Rollins collection, and is offered now for the first time since 1999. It is a simply gorgeous piece, with spectacular paper quality, originality, and eye appeal. PMG has awarded this note a grade of Gem Uncirculated 66 EPQ, making it the only star Federal Reserve Note of any denomination to receive a grade higher than Gem 65. The PMG holder notes "Exceptional Paper Quality, Great Embossing," and indeed a finer quality star note of any Friedberg number is difficult to conceive. If this were not an exceptionally rare star number, it would still likely be a five figure note simply due to its "finest known" star status, but adding extreme rarity to the equation takes this note to a new plateau. What that is we do not know at this writing, but if rarity, grade and desirability are any guide, expect bidding to easily reach and very likely exceed...
From The Collection of Albert Rollins
Fr. 869 $5 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. Less than eighty examples are reported in the Track & Price census. This note displays bright white paper and vivid contrasting inks.
Fr. 874 $5 1914 Federal Reserve Star Note PMG Very Fine 20. Only 13 replacements are known for this scarce St. Louis number. The colors are bright. Expect a realization in the area of...
Fr. 879a $5 1914 Federal Reserve Note PMG Choice Uncirculated 64. This well margined example is near-Gem and from a very popular district. The paper is bright white and the overprint remains midnight blue.
Fr. 880 $5 1914 Federal Reserve Note PCGS Gem New 66PPQ. Of the nearly 100 known examples of this number, the highest PMG or PCGS note to yet auction has been a PMG 58. This note, in its PCGS 66PPQ holder, will certainly be headed for a record price for the number.
Fr. 881 $5 1914 Federal Reserve Note Star Note PCGS Fine 15. This rarity was once part of the O'Neal holdings, with this one of just three known Fr. 881 star notes. We've sold all three of them, with the last, the nicest reported specimen, realizing $6900 as part of our Richard Merlau collection sale in May of 2005.
Fr. 884 $5 1914 Federal Reserve Note PCGS Gem New 65. Just over 30 pieces are in the census for this difficult Friedberg number with only two reported as Uncirculated. That paltry number of two includes this well margined example that carries a nice deep blue overprint.
Fr. 885 $5 1914 Federal Reserve Note Very Fine. A total of 30 serial numbers are recorded in the census for this Friedberg number. This piece is a high end VF. AU is the top grade listed in the census, and the last example that nice to be sold was in 2004.
Fr. 887a $5 1914 Federal Reserve Note PCGS Gem New 65PPQ. This piece is the highest serial number recorded from a very small run of uncirculated notes. Its pleasingly original paper and solid embossing mandate the PCGS assigned grade of Gem New 65PPQ.
Fr. 887a $5 1914 Federal Reserve Note PMG Choice Uncirculated 64. The paper is white, the margins ample, and the inks dark on this simply delightful Dallas $5 that is certainly one of the best for this Friedberg number.
Fr. 892a $10 1914 Red Seal Federal Reserve Note PMG Very Fine 20. A total of two dozen examples of the "A" type are reported. The paper here is solid, save for a single pinhole and the overprint remains sufficiently bright.
Fr. 892a $10 1914 Red Seal Federal Reserve Note Fine. Just 26 examples are enumerated in the Gengerke census for this Boston issue.
Fr. 892b $10 1914 Red Seal Federal Reserve Note PMG Very Fine 25. The Thomas M. Flynn Collection sold in our Central State Signature Auction in April was one of the finest collections of large size FRNs ever offered. However, it lacked an example of this scarce issue. A total of eight examples are recorded in the census, and this may be the finest that has been offered at auction.
From The Chenango County Collection
Fr. 893a $10 1914 Red Seal Federal Reserve Note PMG Very Fine 30. This New York $10 Red Seal is of the much scarcer "a" type. In fact the "a" variety is outnumbered by the "b" variety in the census by over two to one. The serial numbers and seal remain a dark red on this $10 that is another new entrant to the census keepers from our consignor.
From The Chenango County Collection
Fr. 893b $10 1914 Red Seal Federal Reserve Note PCGS Superb Gem New 67PPQ. Red Seal $10s were printed for all twelve Federal Reserve Districts and their print runs were limited when compared to the Blue Seals. For all districts, blue seal production outnumbered Red Seals by a factor of nearly 24 to 1. As a result, relatively few Gem quality Red Seals are known. To date, PMG and PCGS have graded a combined 17 Gems, with this piece the lone Superb Gem. The margins exhibited are broad and the embossing and colors are perfect.
Fr. 893b $10 1914 Red Seal Federal Reserve Note PMG Gem Uncirculated 66 EPQ. Only two examples of this type "b" issue have earned a 66 EPQ grade from PMG. This piece boasts all the elements one wants in a high end type note, from large margins and deeply printed devices to a bold red overprint. Few price records for examples graded Gem by PMG and PCGS are available. However, if a common $5 Red Seal in 66 EPQ is worth $7,500 or more, this note should easily reach...
Fr. 893b $10 1914 Red Seal Federal Reserve Note PMG Choice Very Fine 35. This is an attractive Red Seal $10 with a nice red overprint.
Fr. 894b $10 1914 Red Seal Federal Reserve Note PMG Very Fine 25. A great-looking problem-free VF, with bold color, broad margins and clean paper surfaces. Red Seal Feds in nice presentable circulated grades are both quite popular and challenging to locate. Once again, this is a new entrant to the census.
From The Chenango County Collection
Fr. 899a $10 1914 Red Seal Federal Reserve Note PCGS Choice About New 58. A very high-end Red Seal Ten with all of the appearance of a Gem. Technically higher grade notes are available, but none will surpass the eye appeal of this broadly margined, brightly colored Ten.
Fr. 899b $10 1914 Red Seal Federal Reserve Note PMG Very Fine 25. This is undoubtedly a scarce Red Seal Ten, with seventeen pieces known in all grades combined, with the addition of this new entrant. The red color is strong, and this perfectly natural piece has beautiful margins.
From The Chenango County Collection
Fr. 902a $10 1914 Red Seal Federal Reserve Note PMG About Uncirculated 50. A fantastic Dallas $10 Red Seal that we offered in our 2007 FUN sale where it was described as follows: "The faintest of center folds is found on this ex-Jim Thompson Dallas $20. Sixteen serial numbers are in the census, but two are in the San Francisco FRB's Collection, and two others have not been accounted for since at least 1982. Also, this is the highest graded note of the 16 listed. Overall, a note that combines condition and rarity." Since that sale, two more serial numbers have been added to the census which does nothing to detract from the rarity and desirability of this wonderful FRN.
Fr. 902b $10 1914 Red Seal Federal Reserve Note PCGS Very Fine 20. Dallas Red Seal Tens are quite scare, particularly this "b" variety, which is one of only ten reported. This evenly circulated $10 will surely please one astute collector. The Flynn collection example, graded PMG Extremely Fine 40, realized an extraordinary $23,000 last April. What this PCGS Very Fine 20 specimen will fetch tonight is really anyone's guess.
Fr. 903b $10 1914 Red Seal Federal Reserve Note PMG Very Good 10. While well circulated, the only mentions on this Red Seal are a couple of tiny edge nicks, which are, by the way, very typical at this grade level. Less than 20 examples are currently recorded.
Fr. 910 $10 1914 Federal Reserve Note PMG Gem Uncirculated 66 EPQ. The first of two consecutive lots, last appearing in our 2001 FUN sale. Described then as, "Unbelievable quality for a Ten Dollar Fed. Deep original embossing, perfect margins, outlandishly bright colors and spectacular eye appeal. If a perfect note exists, this and the next lot are in the running for it." If you seek outstanding quality, these notes are items you should take home this evening.
Fr. 910 $10 1914 Federal Reserve Note PMG Gem Uncirculated 66 EPQ. As we stated in our FUN 2001 auction catalog, "Consecutive to the above and identical in every way." PMG has graded no Fr. 910 higher than the 66's in the two lots that appear here.
Fr. 911a $10 1914 Federal Reserve Note PCGS Superb Gem New 67PPQ. Few $10 Federal Reserve Notes will ever make it up to this grade level. Fr. 911a is one of the few numbers that comes nice in this long series, but 67PPQ is far more than simply "nice". This is one of the very highest quality examples of this type that we have seen.
Fr. 911a $10 1914 Federal Reserve Note PCGS Gem New 66PPQ. A very common $10 Fed, which makes it an ideal piece to represent the type. It is broadly margined, bright, and with all the other qualities collectors expect at the 66PPQ level.
Fr. 911a $10 1914 Cut Sheet of Four Federal Reserve Notes PMG Gem Uncirculated 65 EPQ. As with the Fr. 910's above, this sheet has been off the market since our 2001 FUN sale. We described this beautiful cut sheet then, "Four identical, beautifully centered, crackling fresh, strictly original flawless notes form this cut sheet." This group hammered for $1500 at that auction, which today will not be enough for half of the likely opening bid.
Fr. 911b $10 1914 Federal Reserve Note PCGS Gem New 66PPQ. Perfect margins are noted top to bottom. The margin at right is a little larger than left, perhaps precluding this note from a Superb grade. As a slightly scarcer "b" type, it is no surprise that there has yet to be a finer graded piece by either PMG or PCGS.
Fr. 911c $10 1914 Federal Reserve Notes Three Examples. PMG About Uncirculated 55 EPQ. This group of three New York blue seals is composed of two consecutive examples and the first note, which is a serial number away from the other two.
Fr. 914 $10 1914 Federal Reserve Note Star Note PCGS Fine 15. Only ten stars are known for this issue. This piece has plenty of eye appeal for a Fine, enough for even a full VF. The last Fine graded example of this star issue was a PMG Fine 15 which realized $862.50.
Fr. 929 $10 1914 Federal Reserve Note PCGS Gem New 65PPQ. This Burke-Glass signature combination is nearly three times scarcer than the White-Mellon. Solid margins frame this perfectly original piece. This is currently the finest yet graded example by PMG or PCGS.
Fr. 929 $10 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. Embossing of the serial numbers is still visible in the holder. The midnight blue overprint is as bright as they come.
Fr. 930 $10 1914 Federal Reserve Note PMG Gem Uncirculated 66 EPQ. Almost perfect margins are seen on this Burke-Houston signed Gem. The margins are much larger than is usually seen on this issue.
Fr. 930 $10 1914 Federal Reserve Note PCGS Gem New 65PPQ. A most pleasing Burke-Houston issue with punch through embossing and pleasing paper waves.
Fr. 930 $10 1914 Federal Reserve Note PMG Gem Uncirculated 65 EPQ. Dark inks, embossing, and nice margins are a trio of quality traits of this $10. PMG has graded only five higher.
Fr. 939 $10 1914 Federal Reserve Note PCGS Gem New 65. An attractive and well margined Gem with a perfectly executed design.
Fr. 944 $10 1914 Federal Reserve Note PMG Choice Uncirculated 64. A slightly scarcer number with just eighty examples known, very few of which are Uncirculated. Another PMG 64 was the highest piece yet auctioned from either of the two major grading services. It realized $1437 in our January 2007 sale. This beauty should do somewhat better today.
Fr. 944 $10 1914 Federal Reserve Star Note PCGS Extremely Fine 40. This is one of only three Stars in the census and it is 30 grade points above both of its other two Star siblings. All three of these Stars were reported to Doug Murray in 1978 and 1979. In the intervening 29 years, not a single other Star has come to light for this Friedberg number, making this a truly rare note and destined to stay that way. The serial number embossing is bold on this Star and especially so with the "hollow" Star being sharply defined on the back. This $10 is also neatly centered within full margins and just an extraordinary paper money treat for both appearance and rarity. In September 2007 we sold this note for $10,925 and in a much stronger market for rarity and condition that has developed in the last year, expect this Star to take off from there.
Fr. 946 $10 1914 Federal Reserve Note PCGS Superb Gem New 67PPQ. PCGS has graded only two Uncirculated Fr. 946s--a 62, and this spectacular 67PPQ. Track & Price indicates 63 known examples of this number, but nothing vaguely comparable to this piece has sold at auction. The highest third-party note to reach the auction block has been an RCGS 50. Recent prices for high-end third-party graded notes have been strong, to say the least, and this note could surprise and well exceed our estimate.
Fr. 946 $10 1914 Federal Reserve Star Note PCGS Very Fine 30PPQ. This is a scarce Dallas replacement that is represented by only six known examples in the Track & Price Census. It is a pleasing original note with vibrant color and nice margins. This is either the finest or second finest reported to date, as without a side by side comparison we are unable to reach a conclusion.
Fr. 947 $10 1914 Federal Reserve Note PMG Gem Uncirculated 66 EPQ. Overly wide margins for the design first come into sight and closer inspection reveals the delightful embossing and natural paper wave. This is a great $10 Dallas Fed and no wonder since neither PMG nor PCGS has graded a note of this Friedberg number equal to or higher as of this writing. In the last year we have seen a PMG 65 being touted for over $2700 on a dealer's website, so expect the finest to easily equal or exceed that offering.
Fr. 947 $10 1914 Federal Reserve Note PCGS Very Choice New 64PPQ. A strictly original example with good embossing and perfect paper surfaces. This broadly margined piece is near the top of the census for this number.
Fr. 951a $10 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. This is a new note for the census, yet it slides right in the middle of an uncirculated run of this Friedberg number. EPQ equals serial number embossing on this original example.
Fr. 953b $20 1914 Red Seal Federal Reserve Note PCGS Superb Gem New 67PPQ. Production of Blue Seal $20 Federal Reserve notes far outnumbered the Red Seal production by a factor of 40 to 1. According to Track and Price, the total number of $20 Red Seals survivors is now about 450 pieces. Even with a few known runs of uncirculated pieces, that provides very few fully uncirculated pieces. Interestingly, PCGS and PMG have graded fewer than 20 uncirculated examples, and this is the lone Superb known between either service. The paper originality is plain as day and the overprint is as bright as one will find for the issue. This piece is perfectly matched with the $10 Red Seal in PCGS 67PPQ. It is, as well, the finest graded for that type.
Fr. 953b $20 1914 Red Seal Federal Reserve Note PMG Gem Uncirculated 66 EPQ. Huge margins, 100% perfect colors of the paper and inks, great paper originality, and perfect centering of both sides all highlight this glorious Red Seal $20. We last offered this note almost nine years ago and PMG has validated our observations since then. In April 2008 we sold an identical note just three serial numbers removed for over $40,000. Also, PMG has not graded a single example of this Friedberg number higher. Red Seal Fed Twenties in this grade are both extremely popular and very rare, a combination almost guaranteed to see strong bidding and record high realizations.
Fr. 954a $20 1914 Red Seal Federal Reserve Note PMG Fine 12. A total of 15 examples are enumerated in the census. This piece features a bright seal and solid margins, and falls right into the middle of the pack for grade. All Philadelphia District Red Seal Twenties are scarce with only 30 examples known when 954a and -b are combined.
Fr. 957 $20 1914 Red Seal Federal Reserve Note PMG Very Good 8. Only the "a" type was made for Atlanta Red Seal Fed Twenties; consequently, the Fr. 957 number is used without the "a," which causes a bit of confusion. The total known for the district is listed as twelve in Gengerke. This note, in spite of its heavy circulation, is not at all unattractive, and with the popularity of Red Seals, this rare piece will likely find a home at or about...
Fr. 959a $20 1914 Red Seal Federal Reserve Note PMG Very Fine 25. The red overprint is dark and the paper surfaces are natural on this delightful mid-grade example.
Fr. 959a $20 1914 Red Seal Federal Reserve Note PMG Very Fine 20. Another nice mid-grade example to choose from. This example has been off the market since a 1979 auction sale.
From The Chenango County Collection
Fr. 960a $20 1914 Red Seal Federal Reserve Note Very Good. Twenty examples only for this Minneapolis issue. A bit of edge roughness is noticed along the top margin.
Fr. 962 $20 1914 Red Seal Federal Reserve Note PMG Very Fine 25. This Dallas Red Seal is a scarce issue, with only 21 pieces in the most complete census. This piece faces up very well, with a bold red overprint, traces of embossing remaining, and paper that is bright for the grade. In April, we sold another example in a PMG Extremely Fine 40 holder for over $40,000. While this nice mid-grade piece likely won't reach that level, it should certainly exceed....
Fr. 962 $20 1914 Red Seal Federal Reserve Note PMG Very Fine 20. This new to the census Red Seal becomes the 25th note bearing this Friedberg number to surface. Its serial number becomes the new high. The last available example of this issue was sold in our Central States Signature Auction in April. that piece, a PMG 40 EPQ realized more than $40,000. While this piece is not worth anything near those levels, we would not be surprised to see it exceed...
Fr. 962 $20 1914 Red Seal Federal Reserve Note PCGS Fine 15. This lightly handled note displays decent color and some light soiling.
Fr. 962 $20 1914 Red Seal Federal Reserve Note Fine. There are only 21 of these in the census including this example. The red ink shows a dramatic bleed through on to the back. Earlier this year we sold at auction a PMG 25 for $2760.
Fr. 963b $20 1914 Red Seal Federal Reserve Note PMG Fine 12. This discovery piece bumps the number of known notes from six to seven. The number now matches the number of total notes known for the "a" variety. The finest known example, a PMG VF 35, was sold as part of the Tom Flynn collection for $34,500. While that price may have been an aberration, it still illustrates the increasing demand for Large Size rarities such as this. The seal and serial remain vivid on this evenly circulated example.
Fr. 971b $20 1914 Federal Reserve Note About New. This delightful $20 has natural paper surfaces, serial number embossing, and dark inks. In April 2006 we sold this exact note for $1006.
Fr. 979a $20 1914 Federal Reserve Note PMG Gem Uncirculated 65 EPQ. No finer examples of this Cleveland "a" variety have been graded higher by either PMG or PCGS. This piece is well margined and exhibits cavernous embossing. In addition to "Exceptional Paper Quality," PMG also bestows the "Great Embossing" designation on this piece.
Fr. 984 $20 1914 Federal Reserve Note PMG Gem Uncirculated 65 EPQ. Twenty Dollar Large Size Feds are very tough to find in exceptional grade. This 65 EPQ Atlanta District note has the margins, color, and embossing that one would expect to find on a 67. We suspect the reason for the conservative 65 grade is a small pinch in the top margin. Whatever the case, this piece is a beauty.
Fr. 991a $20 1914 Federal Reserve Note PMG Choice Uncirculated 63 EPQ. Good original embossing and three rather nice margins highlight this Cleveland District Twenty.
Fr. 991b $20 1914 Federal Reserve Note PCGS Very Choice New 64. An outstanding example of a Twenty Dollar Fed, beautifully centered on both sides, and with ideal color.
Fr. 991b $20 1914 Federal Reserve Note PMG Choice About Unc 58 EPQ. A tiny corner tip fold at lower left separates this Gem looking issue from a higher grade. Nearly two years ago, a raw AU approached the $500 mark, which we expect should not be a problem for this exquisite Type "b" issue to surpass.
Fr. 998 $20 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. Each of the digits in the serial numbers is fully embossed as are some of the design elements. Our records indicate this is the finest known piece to appear at auction in at least five years. A brief look a the census indicates only seven notes of this number have been awarded CU grades by PMG and PCGS combined.
Fr. 1004 $20 1914 Federal Reserve Note PCGS Gem New 65PPQ. Nice margins, deep blue inks, and bright paper are just some of the highlights of this Dallas $20 that has certainly earned its Gem grade. It is also a scarcer Friedberg number for this district.
Fr. 1005 $20 1914 Federal Reserve Note Fine. This Dallas Burke-Glass note has proved to be a very rare item, with a population of only thirteen examples in all grades combined. In 2007 we sold a raw Very Fine specimen for an unprecedented $3450, and followed that up by selling Tom Flynn's PMG graded Choice Extremely Fine 45 note for an even more eye-opening $6900 last April. This note is an evenly circulated and problem free piece which could easily surprise as well.
Fr. 1011b $20 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. Pleasing margins are noticed on this deeply inked "b" variety San Francisco Blue Seal. High quality examples of this scarce San Francisco note are few and far between. The last high grade note we sold was a PCGS 64PPQ in January 2008 which realized a $1380. Expect more of the same with this beauty.
Fr. 1013b $50 1914 Red Seal Federal Reserve Note PMG Choice Uncirculated 64 EPQ. Red Seal $50 Federal Reserve Notes were printed for all twelve of the Federal Reserve District Banks. The number printed was paltry, one twelfth of the number of Blue Seals printed for the Cleveland district alone. Current census numbers indicate no more than 18 $50 Red Seal examples are known from any of the 22 Friedberg numbers that cover the type. With so few pieces known, it is no surprise that there are so few high grade examples. This specimen is one of only four examples for the type graded uncirculated or better by PMG and PCGS. It is a point finer than the St. Louis district example sold for $69,000 in the Tom Flynn Collection, and it boasts the coveted "Exceptional Paper Quality" comment from PMG (which was lacking on the Flynn specimen) as well. Four healthy margins frame the face, while the colors are easily those of a fully Gem example. We would not be at all surprised to see the record set at the Flynn Collection offering shattered here, perhaps by a considerable sum.
Fr. 1013b $50 1914 Red Seal Federal Reserve Note PMG Choice Fine 15. This new entrant to the census, which will now total thirteen, bears the lowest serial number recorded to date for this Friedberg number. This scarce Red Seal Fifty has retained most all of its bright colors, and is well margined, nicely centered on both sides and quite rare.
From The Chenango County Collection
Fr. 1025 $50 1914 Federal Reserve Note PMG Very Fine 25. This is a bright and attractive Burke-Glass example. The census for this signature combination stands at 32 notes.
Fr. 1028 $50 1914 Federal Reserve Note PCGS Choice About New 58. Above the 40 grade mark, this Friedberg number dries up quickly. This note is a member of that exclusive fraternity.
Fr. 1032 $50 1914 Federal Reserve Note PMG Very Fine 25. This is one of only twenty-nine in the census for this Friedberg number. The census lists a mere eight nicer, with only three of those being third-party graded.
Fr. 1033 $50 1914 Federal Reserve Note PCGS Very Good 08. A very scarce note, with only fourteen examples reported in Track & Price. There have been only a handful of auction appearances over the years for this tough number.
Fr. 1039b $50 1914 Federal Reserve Note PMG Extremely Fine 40. Broad margins and pleasing paper quality are noted on this "b" type. A lone three folds account for the EF grade. Auction records indicate that no examples better than EF have been offered since 2003. With this information in hand, expect a realization of...
Fr. 1046 $50 1914 Federal Reserve Note PMG Gem Uncirculated 66 EPQ. Fifty Dollar Feds at this grade level are incredibly difficult to find. This one would satisfy the fussiest of collectors with its broad, even margins, plainly evident original embossing, and super colors of both the papers and inks. It would be hard to imagine a finer example of the type.
Fr. 1046 $50 1914 Federal Reserve Note PMG About Uncirculated 55. A super-looking Atlanta Fed, with broad margins and lots of eye appeal. This is the only common Atlanta Fifty Fed, with just over 80 examples enumerated in the census, making it a perfect piece for type.
Fr. 1048 $50 1914 Federal Reserve Note PMG Extremely Fine 40 EPQ. The last couple of EF examples of this issue to sell at auction sailed past the $1000 mark. This piece boasts "Exceptional Paper Quality" and punch through embossing.
Fr. 1049 $50 1914 Federal Reserve Note Very Fine-Extremely Fine. The paper retains some crispness and is relatively bright. A small margin nick is noticed.
Fr. 1053 $50 1914 Federal Reserve Note PMG Very Fine 25. A desirable St. Louis note bearing the sought after signature combination of Burke/Glass.
Fr. 1064 $50 1914 Federal Reserve Note PMG Extremely Fine 40. Just 28 examples of this popular Dallas $50 have been reported by census takers. This piece is bright with sound edges, nice color, and traces of embossing. It will be heartily welcomed into its next collection.
Fr. 1066 $50 1914 Federal Reserve Note PMG Fine 12. A very rare number with just four notes listed in the Track & Price census. In April of this year, we sold the finest known example, a PMG 30, for $27,600. While this note will come nowhere near that lofty realization, it is rare enough and nice enough to realize...
Fr. 1078b $100 1914 Red Seal Federal Reserve Note PMG Superb Gem Unc 67 EPQ. Only 28 notes are known for this Friedberg number in all grades combined. This piece is far and away the finest of the only four reported to be Uncirculated. PMG has graded only this Superb note with a single 65 below it, and PCGS has yet to grade an Uncirculated note of this number. This is a note that is very likely to remain alone at the top of the condition census forever, as no raw note is known that would begin to challenge it. Red Seals, and high denomination Red Seals in particular, have been under incredible buyer pressure over the last year with the prices for the Flynn material, which we sold last April, reaching levels that no one expected to see. "Difficult to estimate" is a rather overused term, but on this note we need to go there. We simply have no idea how high this piece may go, but we would not be at all surprised if the combination of rarity and grade pushed it past...
Fr. 1081a $100 1914 Red Seal Federal Reserve Note PMG Choice Very Fine 35 Net. This is a very scarce number which was lacking even in the massive Flynn collection holdings, although Tom did have a somewhat higher grade albeit more common Fr. 1081b which realized $74,750. This example is one of ten in the census, all but one of which are far lower grade. It last appeared at public sale as part of the Jim Thompson collection sold by Stack's in 1995, where it was graded Extremely Fine. PMG has been somewhat conservative here, assigning a grade of Choice Very Fine 35 Net and noting a small restoration at the top center which is impossible to see unless the note is candled. While the Flynn record seems safe for now, we expect that demand for $100 Red Seals Feds will drive the price to a level of...
Fr. 1085 $100 1914 Federal Reserve Note PMG Very Fine 25. This $100 looks to be a note of a much better grade, and is also a scarce number, with just 30 pieces listed in the T&P census.
From The Chenango County Collection
Fr. 1087 $100 1914 Federal Reserve Note PMG Extremely Fine 40. A total of two dozen examples of this scarce $100 FRN are known in currency circles. This piece is a pleasing EF with bright paper, broad margins and a bold overprint. In 2007 a VF 25 graded by PMG brought $862.50 at auction. AUs are worth an easy $2,000, thus we believe this note will likely command...
Fr. 1088 $100 1914 Federal Reserve Note PMG Choice Extremely Fine 45. The surfaces are bright and crisp on this, one of the more common $100 blue seals.
Fr. 1088 $100 1914 Federal Reserve Note PCGS Very Fine 35PPQ. Terrific original embossing is immediately evident on this Burke-McAdoo signed New York District Blue Seal Hundred.
Fr. 1089 $100 1914 Federal Reserve Note PMG Fine 12 Net. This Burke-Glass issue has all the eye appeal of a VF, and is likely a technical VF. PMG has provided a Net grade for "Internal Repair". The repair looks only to be a little paint touch up to cover up ink or another mark that may have been in the field.
Fr. 1090 $100 1914 Federal Reserve Note PMG Very Fine 20 Net. This $100 faces up well while the label reads "tape reconstruction, internal repairs."
From The Chenango County Collection
Fr. 1091 $100 1914 Federal Reserve Note PMG Very Fine 30 EPQ. About 40 examples of this New York issue are known. The number is less than both the Burke-Glass, and Burke-Houston signature combinations for New York $100s. This piece shows some light folds, but boasts bright white, and perfectly original paper. To date, only three examples of this issue have received a higher grade, none of which are uncirculated.
Fr. 1097 $100 1914 Federal Reserve Note PMG Very Fine 20. An extremely rare $100 Fed with only thirteen examples reported. This nice mid-grade example is a new number for the census and become the highest serial number to be found for this Friedberg number. Even circulation and nice margins are found with natural paper surfaces. An incredibly rare note from a seriously undervalued series.
Fr. 1104 $100 1914 Federal Reserve Note PMG Gem Uncirculated 66 EPQ. An absolutely gorgeous Atlanta District Blue Seal $100 Fed that has the color, margins, paper originality and overall great looks that everyone wants in a Gem. This note certainly appears to us as though it could just as easily be in a 67 holder. Exceptional quality.
Fr. 1104 $100 1914 Federal Reserve Note PCGS Gem New 65PPQ. Broad margins are noted on this Atlanta $100. The embossing and paper waves are clearly original easily seen in the holder.
Fr. 1104 $100 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. This Atlanta District $100 Fed has clearly evident original embossing, good color, and the eye appeal that easily carries it to the assigned grade, though the bottom margin may have kept the note from the Gem designation.
Fr. 1104 $100 1914 Federal Reserve Note PMG Choice Uncirculated 64. For the $100 FRN type, this is one of the most readily available numbers in Uncirculated grades. As a popular type, there are usually too few to satisfy demand, pushing prices slightly higher with each offering. The margins are healthy on this example except in the lower left. With solid embossing of the serial numbers visible in the holder, it is difficult to ascertain why this note did not garner the EPQ designation.
Fr. 1104 $100 1914 Federal Reserve Note PMG Uncirculated 62 Net. This note comes from an uncirculated run of this Friedberg number. The PMG label mentions "repaired tear". It is very small and wholly within the bottom margin.
Fr. 1104 $100 1914 Federal Reserve Note PMG Very Fine 25. Large size $100s have continued to gain in popularity over the years. This is a nice mid-grade representative.
Fr. 1108 $100 1914 Federal Reserve Note CGA Gem Uncirculated 67. Strong embossing and perfect front to back centering are noted on this issue. The colors remain bold.
Fr. 1110 $100 1914 Federal Reserve Note PMG Very Fine 25. Many of the surviving examples of this issue fall in the VF range, though we are certain this bright, well margined example will surpass most of those VFs in terms of eye appeal.
Fr. 1110 $100 1914 Federal Reserve Note Very Fine+. A small spot along the top margin on the back does little to detract from the eye appeal of this pleasing high denomination.
Fr. 1120 $100 1914 Federal Reserve Note PMG Very Fine 30. This Burke-McAdoo Kansas City Hundred is a hard note to find in any grade. Only 34 pieces are listed in the current Track & Price census and this is a new addition to that small group. This perfectly natural note has good paper surfaces and a minimal amount of soil, and it is totally free of problems.
Fr. 1124 $100 1914 Federal Reserve Note PMG Choice About Unc 58 EPQ. Although Fr. 1124 is the most common of the Dallas Hundreds, it remains a very scarce note, with only 34 reported in all grades. Nice margins and original embossing are seen through the third-party holder of this vibrantly colored example. A thorough examination fails to discern the reason as to why PMG did not award this lovely piece a higher grade.

Fr. 1124 $100 1914 Federal Reserve Note PMG About Uncirculated 50 EPQ. Thirty-three examples are known of this Dallas District Burke-McAdoo Hundred Dollar Fed. PMG has graded seventeen examples of those 33, and not a single one has made the full uncirculated grade. This note has excellent color and the appearance of a piece quite a bit better than the AU 50 grade assigned. It does carry the important "Exceptional Paper Quality" comment. Dallas hundreds are quite scarce, with Fr. 1124 the only available number. Of the four Dallas hundred Friedberg numbers, only a total of 38 notes are known.
Fr. 1124 $100 1914 Federal Reserve Note PMG Very Good 10. Dallas is a very scarce district for $100 Feds. While well circulated, this example is still very presentable and presently represents the highest serial number reported for this Friedberg number.
Fr. 1128 $100 1914 Federal Reserve Note PMG Gem Uncirculated 65 EPQ. 65 EPQ is quite a high grade for a $100 Fed, and this one has fully earned it with boardwalk margins, terrific paper originality, and great eye appeal.
Fr. 1128 $100 1914 Federal Reserve Note PMG Choice Uncirculated 64 EPQ. A gorgeous example, seemingly kept from gem by a tight top margin. Still an excellent representation for type.
Fr. 1128 $100 1914 Federal Reserve Note PMG Very Fine 20. The paper is very bright given its time in circulation. Midnight blue color on the overprint adds to the eye appeal. A chink in the top margin is noted, but does not affect the grade.
Fr. 1132 $500 1918 Federal Reserve Note PCGS Extremely Fine 45PPQ. Last offered in our famed Taylor Family sale in February 2005, this rare $500 FRN was described as: "One of only four examples known from the Dallas District, and the final piece from a three-number run, all in the same grade. The note has three extremely light folds, but no soil, tears, pinholes or other problems. It's an original Choice Uncirculated piece that has been lightly folded for storage at some point in its history." In that sale, this note realized $34,500. Last year, another note from that three-number group in an identical grade sold for $43,700. Considering that the market for truly rare and wonderful material continues unabated, this PCGS Extremely Fine 45PPQ example should realize at least....
Fr. 1132 $500 1918 Federal Reserve Note PCGS Very Fine 35PPQ. Twenty-two San Francisco District Large Size $500 Feds are known. There is a single Uncirculated piece with the next highest known specimen grading Extremely Fine. The closest grade piece to this with a recent auction record is a PMG 30 that realized $36,800 in March 2007. San Francisco is the third most common district for these notes, but it is well behind both New York and Chicago. As a San Francisco note, it will sell clearly as a type note, so the somewhat scarcer San Francisco District comes along as a bonus. Most important for a Large Size $500, the note is 100% free of writing, marks, damage, tears, or restorations of any kind. It's a wholly pleasing high-end VF that would satisfy any collector.
Fr. 1133F $1000 1918 Federal Reserve Note PMG Fine 12. Just eight examples of this Atlanta $1000 are known, only one of which is graded higher than VF. PMG notes splits, though they are not serious enough for the grading service to consider a net grade. The last appearance of an example in Fine was a little over a year and a half ago. The piece was not third party graded and still managed to exceed the $20,000 mark, settling at $20,700.
Fr. 1133L $1000 1918 Federal Reserve Note PCGS Very Fine 30. A new note to the census, raising the total count for these San Francisco $1000 Feds to 52, making it by far the most common district. This is the basic $1000 type note and hence the most affordable. It is a very nice piece for the grade with good margins, good color, and not a hint of a problem save for its light circulation. Very high denomination notes were far more subject to written notations and bank stamps and are seldom seen free of those problems. This one has avoided that completely, and makes an extremely nice appearance for a VF30 note.
San Francisco, CA - $5 1870 Fr. 1136 The First National Gold Bank Ch. # 1741
National Gold Bank Notes served a very important role in California's early financial history. Congress approved their production in a time when specie payments for coin was on hold. Many collectors deem their role in the history of United States Currency to be so important that they are often collected alongside Gold Certificates as type notes. The grade of this lot and the next are so exceptional for National Gold Bank Notes, we felt it justified to lead off this gold backed group of notes.

The $5 offered here is exceptional for one reason, and that is condition. Due to their favored status and the lack of other currencies, National Gold Bank Notes were extensively circulated. Most survivors are Fine or lower in grade and come with serious flaws of one kind or another. This refreshingly original note is about as close as one will come to owning a fully uncirculated National Gold Bank Note. The note was folded four or five times, but spent little to no time in circulation. The paper is as bright as the day it was printed with razor sharp corners, earning it a grade of PMG Choice Very Fine 35 EPQ. Aside from the few folds, there are no signs of wear to speak of. The population reports indicate only one nicer example has been submitted for a grading opinion. It grades Extremely Fine 40 EPQ and until we can prove otherwise, we can assume it displays some signs of actual wear.
San Francisco, CA - $20 1870 Fr. 1152 The First National Gold Bank Ch. # 1741
This is another exceptional National Gold Bank Note and one of the finest we've handled for the denomination. The paper is bright and attractive, without a trace of repairs or restoration. Nearly perfect margins frame the design and the penned signatures remain strong. This piece is graded PMG Very Fine 25, with only one $20 National Gold Bank Note having been graded higher. The rest of the population report is comprised of Fine or lower graded examples. In April of this year, the note consecutive to this was offered as part of the Thomas M. Flynn Collection. We loved the originality and, with a grade of Fine-Very Fine, it realized $63,250. Expect this outstanding National Gold Bank Note to likely exceed that price level tonight.
Fr. 1168 $10 1907 Gold Certificate PMG Choice Uncirculated 64 EPQ. Natural paper wave cascades across this boldly embossed $10 Gold from a much tougher Friedberg number. We sold another one of these with the same PMG grade in April 2008 for $4887. This beauty is certain to approach or even surpass that figure.
Fr. 1167 $10 1907 Gold Certificate PMG Very Fine 25.
Fr. 1168 $10 1907 Gold Certificate PMG Very Fine 20.
This pair of evenly circulated notes is sure to please.
From The Chenango County Collection

Fr. 1169 $10 1907 Gold Certificate PMG Extremely Fine 40. The colors and margins are extraordinary on this $10 Gold that has been marked "Repaired" by PMG.
From The Chenango County Collection
Fr. 1169 $10 1907 Gold Certificate PMG Very Fine 25. Bold golden-yellow color is noted on the overprint and the back design. The paper is excellent for a mid-grade note and the sizeable margins are complementary. The PMG label is incorrect as this is actually a Fr. 1169.
Fr. 1169a $10 1907 Gold Certificate PMG Very Fine 30. "Good embossing" is found on this scarce $10 Gold that has a vivid orange back and natural paper surfaces. Friedberg 1169a is very similar to Fr. 1169, but with the Act date of March 4, 1907, rather than July 12, 1882.
From The Chenango County Collection
Fr. 1170a $10 1907 Gold Certificate PMG Choice Very Fine 35 EPQ. Last April we had a PMG 35 of this scarce Friedberg number go for $1495 on a $600 estimate.
From The Chenango County Collection
Fr. 1171 $10 1907 Gold Certificate PMG Choice Very Fine 35 EPQ. Last appearing as lot 2110 in our 1997 Rosemont sale, this beautiful, evenly circulated example has excellent margins and exceptionally strong color on the back.
From The Chenango County Collection
Fr. 1171 $10 1907 Gold Certificate PMG Choice Very Fine 35. With some remaining embossing and pleasing paper originality, we are bewildered as to why PMG did not also award this note the coveted "EPQ" designation.
Fr. 1172 $10 1907 Gold Certificate PMG Choice Uncirculated 63 EPQ. Strong embossing is clearly seen on this pretty $10 Gold that has a back that is a deep, brilliant orange. It has the eye appeal of a Gem note..
Fr. 1172 $10 1907 Gold Certificate PMG About Uncirculated 55. The richness of the orange ink leaps out at you on this nicely margined $10. Treasury Seal and serial number embossing is first rate, too.
Fr. 1172 $10 1907 Gold Certificate PMG Choice Extremely Fine 45. Vibrant color is noticed on this pleasing note.
Fr. 1172 $10 1907 Gold Certificate PMG Extremely Fine 40. A nice solid XF example of a rather common Ten Dollar Gold Certificate number.
From The Chenango County Collection
Fr. 1173 $10 1922 Gold Certificate PMG Gem Uncirculated 65 EPQ. A beautiful and bright example that is well centered and has wonderful colors. Gem Gold Certificates are scarce in all formats, but large size notes are extremely difficult to find in today's market. This note should command quite a premium.
Fr. 1173 $10 1922 Gold Certificate PCGS Very Choice New 64PPQ. An exceptionally nice example with brilliant inks and outstanding paper quality well deserving its PPQ designation.
Fr. 1173 $10 1922 Gold Certificate PMG Choice Uncirculated 63 EPQ. A tight upper margin was a grade limiting factor on this Hillegas Gold Certificate that exudes originality.
Fr. 1173 $10 1922 Gold Certificate PMG About Uncirculated 55 EPQ. An appealing, high grade large size $10 with little obvious wear other than faint corner folds. This is another new entrant to the census, as our consignor purchased the majority of his collection between 1997 and 2001.
From The Chenango County Collection
Fr. 1173 $10 1922 Gold Certificate PMG About Uncirculated 55. Some embossing remains visible on this bright and colorful orange back note.
Fr. 1173 $10 1922 Gold Certificate PMG About Uncirculated 55. An attractive $10 Gold with bold colors and excellent overall visual appeal.
Fr. 1173 $10 1922 Gold Certificate PMG About Uncirculated 55. There is embossing on this lightly handled beauty that exhibits dark orange ink on both sides.
Fr. 1173 $10 1922 Gold Certificate PMG Extremely Fine 40 EPQ. Bold orange ink is found on this $10 Gold with a couple of faint folds visible through the holder.
From The Chenango County Collection
Fr. 1173 $10 1922 Gold Certificate Star Note. PMG Very Fine 20. A bright and crisp example of this scarce Large Size Star Gold Note. It is also a new addition to the Large Size Star Note census.
Fr. 1173 $10 1922 Gold Certificate Star Note Very Fine 20. Our consignor acquired this note privately in 1997, however, this is one of the few listed in the Gengerke census. PMG notes surface damage, however we are unclear what and where.
From The Chenango County Collection
Fr. 1173a $10 1922 Gold Certificate PMG About Uncirculated 50 EPQ. A beautifully clean, unmolested example, with broad margins and bright, flashy colors. 1173a, the variety with the smaller serial number, is quite a scarce note. Census records show it to be about twelve times scarcer than Fr. 1173. This nice, strictly original, lightly circulated example is a real eye-pleaser.
From The Chenango County Collection
Fr. 1173a $10 1922 Gold Certificate PMG Choice Very Fine 35. Nice inks and bright paper are just two of the characteristics of this $10 Gold from the scarcer small serial number persuasion. The small serial numbers are 4mm as compared to 5mm for the large serial numbers.
From The Chenango County Collection
Fr. 1174 $20 1882 Gold Certificate PMG Choice Fine 15 Net. PMG has commented about some restoration on this tough Gold Note. The repair was well executed and doesn't look too bad as it affects the bottom margin. This is a tough number in any grade, with only fifteen examples recorded in the latest Gengerke census.
Fr. 1177 $20 1882 Gold Certificate PMG Very Fine 20 Net. Fewer than 30 examples of this Rosecrans-Huston signed note are known. Until this year, this piece had been off the market since it was last offered in a 1990 CAA Auction. The wheaten-gold colored printing on the face is perfectly printed, allowing viewers to see the scale-like details of the word GOLD. PMG notes restoration as a reason for the Net grade. There are a couple of closed splits that do not stand out. This piece retains the eye appeal of a very nice VF example.
Fr. 1178 $20 1882 Gold Certificate PCGS Apparent Gem New 65. Beautifully margined and nicely centered on both sides, with ink colors that are 100% perfect. PCGS has noted a repaired edge tear at the top right, which does not detract from the appearance of this gorgeous example one bit.
Fr. 1178 $20 1882 Gold Certificate PCGS Very Fine 35PPQ. After President Garfield was assassinated in 1881, his portrait was placed on the new $20 Gold Certificates. Lightly handled edges and full margins are traits of this example. A perfect example for the mid-grade type collector.
Fr. 1178 $20 1882 Gold Certificate PMG Very Fine 25. This problem-free Gold Certificate appears to be an ideal mid-grade type note through the holder. This note is not easy to locate in this grade, and original examples such as this are always snapped up by eager collectors.
Fr. 1178 $20 1882 Gold Certificate PMG Very Fine 20 Net. This $20 Gold faces up like a high end VF, though there are a few closed pinholes and some lacquer on back that demanded a Net grade by PMG.
Fr. 1178 $20 1882 Gold Certificate PMG Choice Fine 15. This is an example that has kept its natural orange back color.
Fr. 1178 $20 1882 Gold Certificate PCGS Apparent Fine 15. The repair does little to distract from the appeal of this early $20 Gold Certificate issue.
Fr. 1178 $20 1882 Gold Certificate PMG Choice Fine 15. PMG has noted "Corner Repair", and they are indeed correct. Save for that, this is a nice circulated early Gold Certificate. The colors are excellent for the grade.
Fr. 1178 $20 1882 Gold Certificate PMG Fine 12. After President Garfield was assassinated in 1881, his portrait appeared on $5 Series of 1882 Brown Backs and $20 Series of 1882 Gold Certificates. This $20 Gold also uses the seldom used BEP lettering known as "patent lettering" for the words, "GOLD COIN."
Fr. 1179 $20 1905 Gold Certificate PCGS Very Fine 25. Though this piece is not a newcomer to the census, it has not been offered at public auction until now. The piece is richly colored for a mid-grade issue, with a cherry red seal and pleasing yellowish-golden color in the open areas of the design. Unlike so many Technicolors, this piece has also escaped toning of the back design. The last full VF 25 graded example we offered was in our Long Beach Auction last year, where it realized $7,475.
Fr. 1179 $20 1905 Gold Certificate PMG Very Fine 25. The colors on this note are sufficiently bright and the paper is problem free. None of the folds that account for the grade is distracting to the overall eye appeal.
From The Chenango County Collection
Fr. 1179 $20 1905 Gold Certificate PMG Very Fine 20. A moderately circulated example of an icon of American currency. This piece retains most of its original color. None of the design elements are interrupted by folds. With the last PMG VF 25 realizing $7,475, expect a realization of...
Fr. 1179 $20 1905 Gold Certificate PMG Fine 12. An extremely scarce Gold Certificate bearing the tough Lyons-Roberts signature combination. A tiny split in the top margin has been noted by PMG.
Fr. 1180 $20 1905 Gold Certificate PCGS Superb Gem New 67PPQ. The note comes from a small hoard of high-grade Twenty Dollar 1905's that William Philpott purchased from a friend who had worked at the Treasury Department. There were originally 25 notes in the group that were not all consecutive, but all came from the pack that began A4043___. Market appearances of truly Superb Fr. 1180's are few and far between. When they are encountered, they are almost all from this same small group, a number of which have picked up light problems over the years. This example is superior to any note of this type that we've seen. Including this note, we've now handled over half from that original group of 25. At our FUN auction this year, a PMG 66 EPQ realized over $80,000. Tonight, expect that mark to be easily eclipsed.
Fr. 1180 $20 1905 Gold Certificate PMG Very Fine 25. The multicolored hues that give this note a "Technicolor" nickname remain bold. The red overprint is cherry red and the note is quite well margined on the face.
Fr. 1180 $20 1905 Gold Certificate PMG Very Fine 25. Few notes in this grade range boast the vivid colors seen on this piece. The red overprint could not be any more bold, and the yellow background color is ideal. PMG has duly noted, "Great Color". Also included on their insert is mention of a minor repair in the top margin.
From The Chenango County Collection
Fr. 1180 $20 1905 Gold Certificate PMG Very Fine 20. A solid example of an always popular type. Bids should press above...
Fr. 1181 $20 1906 Gold Certificate PMG Extremely Fine 40. An exceptionally bright note with a deep overprint. The margins are more than ample all around. A nice note for the collector wanting a still very good-looking example at a fraction of the $5,000+ price a Gem might command. Bidders should also keep in mind that this is also quite a scarce Friedberg number.
Fr. 1181 $20 1906 Gold Certificate PMG Extremely Fine 40. Plenty of eye appeal is evident on this well margined Gold Note, acquired in 1998.
From The Chenango County Collection
Fr. 1182 $20 1906 Gold Certificate PMG Very Fine 25. This is a very pleasing example of this earlier gold issue. The face design is well margined with good centering and excellent color. This is a scarcer Friedberg number with Fr. 1187 outnumbering 1182 in the census by almost thirty to one.
Fr. 1182 $20 1906 Gold Certificate PMG Very Fine 25. Most of the surviving Friedberg 1182's have seen moderate to excessive amounts of wear. This note did not avoid the same fate though the colors are still bold.
From The Chenango County Collection
Fr. 1183 $20 1906 Gold Certificate Choice About New. A crisp and strongly embossed note that retains wonderful color. A soft fold is all the circulation this note sustained.
Fr. 1183 $20 1906 Gold Certificate PMG About Uncirculated 55. The colors are bright on this wonderful orange back with a center fold noticed.
Fr. 1183 $20 1906 Gold Certificate PMG Extremely Fine 40. Compared to its 1906 counterparts this note is not exceedingly scarce. It is however, outnumbered by 1922 $20s by a factor of nearly 20 to 1. This piece is a vividly colored issue with solid margins. There is a small tear, which is noted by PMG.
Fr. 1183 $20 1906 Gold Certificate PMG Very Fine 30. A pleasing, problem-free example of this exceedingly popular gold note, last making an appearance in our 1997 Rosemont sale.
From The Chenango County Collection
Fr. 1184 $20 1906 Gold Certificate PMG Choice Extremely Fine 45. A bright and attractive Series 1906 Gold Certificate that has the rare Napier-Thompson signature combination. This is a tough series made even better by the rare signature combination. The color on this series tends to be more yellow than that found on the 1922 series notes but the color on this note compares favorably with most 1922 series examples.
From The Chenango County Collection
Fr. 1184 $20 1906 Gold Certificate PCGS Very Fine 35PPQ. Vivid inks and full margins are traits of this $20 from a tougher Friedberg number.
Fr. 1185 $20 1906 Gold Certificate PMG About Uncirculated 55 EPQ. A very handsome note with broad margins, and the color and eye appeal of a Superb Gem.
From The Chenango County Collection
Fr. 1185 $20 1906 Gold Certificate About New. Some very mild staining across the top can barely be seen on this otherwise lovely AU 1906 Twenty. In many ways, this note can make a case for the Choice New grade, and, on just the right day, in just the right light, it could slab at that level.
Fr. 1186 $20 1906 Gold Certificate CGA Gem Uncirculated 68. This gorgeous $20 Gold is broadly margined, with fresh, flashy color, ideal centering, sharp printing quality and tremendous eye appeal.
Fr. 1186 $20 1906 Gold Certificate PMG Choice Extremely Fine 45 EPQ. The paper quality and colors displayed on this piece are equally as nice as the Gems offered in this auction. There are three folds, however, that preclude any CU grade.
Fr. 1186 $20 1906 Gold Certificate Star Note PMG Extremely Fine 40 EPQ. This discovery piece was one of the most talked about notes at the 2008 Central States Show, and its appearance will be well received by star note specialists. The Murray reference, The Complete Catalog of United States Large Size Star Notes, includes the census of known pieces, which until now stood at seven. A quick glance reveals this is the finest known example, and by a wide margin: more than 20 points. PMG was likely impressed as we do not remember another use of the word "incredible" on their holder. In addition to "Exceptional Paper Quality," the designation "Incredible Brilliant Color" is used, high praise indeed for a note grading Extremely Fine. Our estimate may well be conservative for this star note rarity.
Fr. 1186 $20 1906 Gold Certificate PMG Extremely Fine 40. The folds that likely account for the grade are easily hidden in the holder. Overall, the eye appeal is sufficient of a CU grade.
Fr. 1186 $20 1906 Gold Certificate PMG Choice Very Fine 35. This is a much scarcer Friedberg number for $20 Gold Certificates. This Friedberg number also comes in two face plate number location varieties. The Face Plate I variety has the plate number (117 - 157) directly below the lower right plate letter. The Face Plate II variety has the plate number (158 - 228) to the immediate right and level with the bottom of the plate letter. This note has face plate number 184. This $20 Gold has natural paper ripple and nice color.
Fr. 1186 $20 1906 Gold Certificate PMG Very Fine 30. Crisp paper and a bright orange back highlight this evenly circulated $20 Gold that is much scarcer than Friedberg 1187s.
Fr. 1186 $20 1906 Gold Certificate PMG Very Fine 30. Yet another example that is new to the census, having been acquired in November of 1997 by our consignor. This is an attractively bright example of this Tehee-Burke issue.
From The Chenango County Collection
Fr. 1186 $20 1906 Gold Certificate PMG Very Fine 25. The back is a pleasing bright orange and the overprints are bold.
Fr. 1186 $20 1906 Gold Certificate PMG Fine 12
Fr. 1187 $20 1922 Gold Certificate PMG Choice Fine 15.

This lot has two different $20 Golds for comparison purposes. The label for the Fr. 1186 lists it as a Mule, but there are not any Mules produced for that series. However, the Fr. 1186 has its face plate number in the second position, immediately to the right of the plate letter. The label also says "washed" on this piece.
Fr. 1187 $20 1922 Gold Certificate CGA Gem Uncirculated 66. Vivid colors are seen on the face of this $20 Gold. The back design is quite bright, with a yellowish-orange hue.
Fr. 1187 $20 1922 Gold Certificate PMG Gem Uncirculated 65 EPQ. The colors are rich, with a bright yellow-orange back that is as bold as it was when it was printed. The serial number embossing is easily seen in the holder.
Fr. 1187 $20 1922 Gold Certificate PMG Gem Uncirculated 65 EPQ. This vividly colored note is dripping with eye appeal and originality.
Fr. 1187 $20 1922 Mule Gold Certificate PMG Gem Uncirculated 65 EPQ. The rich, yellowish-orange back design is as vivid as one will find for the issue. The back also reveals bold embossing of the serial numbers. A pleasing Gem printed with Burke back plate #124.
Fr. 1187 $20 1922 Mule Gold Certificate PMG Gem Uncirculated 65 EPQ. This piece was lot 16748 of the O'Neal Collection in our 2005 Central States Auction, where the opening of the description read, "A glorious example of a note." It is a beautiful paper money triple threat as PMG has listed on the label "exceptional paper quality, embossing & color." You can also add well-margined plus bright paper and dark inks to the mix.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Uncirculated 63 EPQ. The bold embossing of the third printing is evident even through the third-party holder.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Uncirculated 63 EPQ. A beautifully colored example of the final Gold Certificate $20 type.
Fr. 1187 $20 1922 Gold Certificate PMG About Uncirculated 55 EPQ. Any fold that accounts for the grade on this brightly colored Gold Certificate is well hidden in the third party holder.
Fr. 1187 $20 1922 Gold Certificate PCGS Choice About New 55. Even margins and excellent colors are features of this pretty Gold Certificate.
Fr. 1187 $20 1922 Gold Certificate PMG About Uncirculated 55. Bold color and crisp paper will add to the aggressive bidding on this Gold Certificate.
Fr. 1187 $20 1922 Mule Gold Certificate PMG Choice Extremely Fine 45 EPQ. This is a nicely margined EPQ $20 that exhibits rich orange ink.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Extremely Fine 45. Any folds on this beautiful $20 Gold are difficult to see through the third party holder. PMG has added the comment, "Great Color" and that is certainly validated by the bold overprint and the deep orange color on the back.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Extremely Fine 45. Beautiful inks and light handling will assure this $20 Gold be readily accepted into its next collection.
Fr. 1187 $20 1922 Gold Certificate PMG Extremely Fine 40 EPQ. Dark inks and white paper contrast nicely on this $20 Gold. This lightly circulated example has definitely earned its compliment from PMG of "Exceptional Paper Quality."
Fr. 1187 $20 1922 Gold Certificate PMG Extremely Fine 40. The light folds that account for the grade on this note are most easily viewed from the back, giving this note a face that looks fully uncirculated. Attractive and brightly colored.
Fr. 1187 $20 1922 Gold Certificate PMG Extremely Fine 40. This great looking XF has all the visual attributes of a Choice Uncirculated piece. The light folds are all but invisible.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Very Fine 35. A handsome high-end VF with great color, strong eye appeal, and not so much as a hint of a problem.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Very Fine 35. This $20 Gold has an attractive face and a rich orange back that is equally appealing.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Very Fine 35. A colorful example pushing the envelope for an EF grade.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Very Fine 35. This $20 Gold sports soil-free paper combined with a vibrant orange back.
From The Chenango County Collection
Fr. 1193 $50 1882 Gold Certificate PMG Very Fine 25. The addition of this example will make one hundred notes recorded in both census services. The back has darkened just a bit, which actually causes the eagle vignette to stand out beautifully.
From The Chenango County Collection
Fr. 1193 $50 1882 Gold Certificate PMG Fine 12. The black and red printed details are especially bold for the grade, though some fuzziness is noted in the golden-yellow overprint. The paper is refreshingly bright, adding to the overall eye appeal.
Fr. 1194 $50 1882 Gold Certificate PCGS Apparent Very Fine 30. Only 30 examples are listed in the latest Gengerke census, where this example will now be an addition. PCGS has noted small edge tears and minor repairs on the holder. Regardless of the circulation issues, this is still a scarce, appealing note.
Fr. 1194 $50 1882 Gold Certificate PMG Choice Fine 15. Last appearing in a sale in 1999, this evenly circulated example still retains much of its original color and the margins are solid.
From The Chenango County Collection
Fr. 1195 $50 1882 Gold Certificate PMG Choice Fine 15. Only about 50 examples are known of this note in all grades combined and we see about one of them per year. Our consignor purchased this note in a 1999 auction sale. This one, while well circulated, is problem free, with excellent color for the grade.
From The Chenango County Collection
Fr. 1196 $50 1882 Gold Certificate PMG Very Fine 20. Only twenty-six examples are recorded in both census totals, including this example, which our consignor acquired in 1999. Over the past two years we have only offered one example of this Friedberg number each year. This piece is a solid, problem-free beauty, with nice colors on both sides.
From The Chenango County Collection
Fr. 1197 $50 1882 Gold Certificate PMG Very Fine 25. The winner of this lot will be privileged to own a most appealing note for the grade. The paper quality is excellent, the printing quality deep, and the color exceptionally bold for the grade. PMG has noted on the back of the holder, "Vivid Detail", and we certainly agree.
Fr. 1197 $50 1882 Gold Certificate PMG Very Fine 25. A bright and colorful circulated example of this scarce Gold Certificate. This type is more often found in much lower grades, and this pleasing mid-grade example is ideal for a type collector who doesn't want to wait (or spend the money) for an Uncirculated specimen.
From The Chenango County Collection
Fr. 1197 $50 1882 Gold Certificate PMG Choice Fine 15. This very scarce type is seldom seen in any grade, and affordable examples are only found with considerable patience. This one is likely to be more affordable than most, as it has several pinholes which have been noted by PMG, but is otherwise very presentable and quite attractive for the assigned grade.
Fr. 1198 $50 1913 Gold Certificate PMG Very Fine 30. There are four Friedberg numbers for this design and this is by far the number with the smallest population figure in the Gengerke census. Well margined and bright, with strong color remaining even on the oft-faded back.
From The Chenango County Collection
Fr. 1199 $50 1913 Gold Certificate PMG About Uncirculated 55. This large size Gold Note is close to the New grade, but falls short due to a light centerfold. The back color is very bright, producing great eye appeal. A note which has the visual impact of a higher graded note.
Fr. 1199 $50 1913 Gold Certificate PMG Very Fine 30. We last offered this note at our 2003 Cincinnati sale, graded Choice Very Fine, and described, "A perfectly natural note, with full bright colors including the often-faded orange back."
Fr. 1199 $50 1913 Gold Certificate CGA Very Fine 20. The color of the overprint and the back design remain ideal.
Fr. 1199 $50 1913 Gold Certificate PMG Choice Fine 15. PMG has noted "washed" on the holder. The colors are not terribly faded, however, and the overall appearance is still acceptable.
From The Chenango County Collection
Fr. 1200 $50 1922 Gold Certificate PMG Gem Uncirculated 65 EPQ. This brilliantly colored, high denomination Gold Certificate has been granted the "Exceptional Paper Quality Comment" by PMG. While $50 Golds are not at all rare in most grades, they are very hard to find in third-party high-end holders. This 65 EPQ note should attract considerable bidding activity. Anyone who has been looking for this number in this grade knows how long and frustrating the search can be--don't let this one get away!
Fr. 1200 $50 1922 Gold Certificate PMG Extremely Fine 40. This $50 Gold looks to be a full grade better at first glance, but closer study does reveal some handling plus the added benefit of Treasury Seal embossing. January 2007 saw us auction a PMG 40 for $1955 on a $1500 estimate and we believe that this would be prudent once more.
Fr. 1200 $50 1922 Gold Certificate Very Fine-Extremely Fine. An attractive example of this higher denomination Gold Certificate, with no problems whatever for the grade.
Fr. 1200 $50 1922 Gold Certificate PMG Choice Very Fine 35. Four folds affect the body, one too many for a full EF grade. The appearance is ideal for a note of this grade including an overprint and back that are unaffected by age.
Fr. 1200 $50 1922 Gold Certificate PMG Very Fine 25. Another pleasing example for the grade.
Fr. 1200 $50 1922 Gold Certificate PMG Very Fine 25. This is a note that is in a nice collector's grade. It was basically folded into eighths, and this action helped to preserve the embossing of the inner ring of the Treasury Seal.
Fr. 1200 $50 1922 Gold Certificate PMG Very Fine 25. This $50 Gold has kept its nice color.
Fr. 1200 $50 1922 Gold Certificate PMG Very Fine 20. This attractive $50 is bright with excellent color for the grade.
Fr. 1200 $50 1922 Gold Certificate PCGS Very Fine 20. The overprint is attractive and bold and the face shows four healthy margins. There are some minor pinholes that do not affect the overall eye appeal.
Fr. 1200 $50 1922 Gold Certificate PMG Very Fine 20. An evenly circulated example for type.
From The Chenango County Collection
Fr. 1200 $50 1922 Gold Certificate PMG Very Fine 20. This Friedberg number can be found in Mule and Non-mule varieties depending on the position of the back plate number. A back plate number to the left of "O" in "OF" signifies a Non-mule and a back plate number to the right of the second "A" in "AMERICA" defines a Mule. The label of this Non-mule note reads "repairs."
Fr. 1200 $50 1922 Gold Certificate PCGS Fine 15. This pleasing note remains bright.
Fr. 1200 $50 1922 Gold Certificate PMG Choice Fine 15. Earlier this year we auctioned a PMG 15 of this Friedberg number for $862.
Fr. 1200a $50 1922 Mule Gold Certificate PMG Very Fine 30. All Fr. 1200a's are Mules, with this note having back plate number 1 positioned at lower right of center next to the finely detailed scroll work. Fr. 1200a's were issued before Fr. 1200's, and 1200's outnumber 1200a's by more than five to one in the census. Fr. 1200a's were not added to the Friedberg reference until the 13th edition of 1992. This is an evenly circulated example with nice color.
Fr. 1200a $50 1922 Mule Gold Certificate PMG Choice Fine 15. The Fr. 1200 outnumbers the Fr. 1200a by nearly 5 to 1. The difference is the size of the serial numbers, with a smaller format used on the "a" variety. This piece is solid for the grade with a reddish-orange back.
Fr. 1201 $100 1882 Gold Certificate PMG Very Fine 25. This is a seriously rare number which is seldom seen on on the auction block. Only seven notes are known to exist, four of which are permanently impounded in the collections of various Federal Reserve Banks. There has been no Fr. 1201
auctioned since this very note sold for $61,600 in December of 2000. This is the Grinnell note, first sold by Barney Bluestone on March 10, 1945. The note has great color, broad margins and the eye appeal of a piece in far higher grade. Prices for important rarities have been on the march over the last few years and show no signs of slowing down. We would not be at all surprised to see the eight year old price record for this note well more than doubled tonight.
Fr. 1211 $100 1882 Gold Certificate PMG Extremely Fine 40. Forty-nine examples are known according to Track & Price, none of which are Uncirculated. The highest grade note known, which is a 58 PCGS, auctioned for $20,700 in October 2005. PMG has graded nine examples with this 40 standing alone at the top of their census. The note has a striking appearance with broad margins, and strong ink color, and the colors are what one would expect on a note several grades higher.
Fr. 1211 $100 1882 Gold Certificate PMG Very Fine 30. For those who missed out on the previous note, this example is certain to please all looking for a mid grade note. The back is blazing in color, as the inks have not exhibited their typical fading. We would not be surprised to see this note sell for multiple bids over the estimate tonight.
Fr. 1211 $100 1882 Gold Certificate PMG Very Fine 25. Last April we sold a PMG 20 on this Friedberg number for $2990.
Fr. 1211 $100 1882 Gold Certificate PMG Very Fine 25. This Napier-Thompson signed Hundred is hugely margined, while the back has retained its fully bright orange color, but is a little soiled. This is a scarce Friedberg number, with this note's last appearance at auction taking place in 1999.
From The Chenango County Collection
Fr. 1213 $100 1882 Gold Certificate PMG Very Good 8. The colors are still above average for the grade on this Parker-Burke issue. This piece has long been part of the census for nearly 20 years. The number of notes now known totals 36 pieces. PMG indicates "Distressed Margins," which is a nice way to disclose splits.
Fr. 1214 $100 1882 Gold Certificate PCGS Very Fine 30PPQ. Although the margins are somewhat irregular, they are more than generous at all points. This is the final signature combination of the 1882 Gold C-notes. PCGS has bestowed their "PPQ" designation to this new to the census example.
Fr. 1214 $100 1882 Gold Certificate PMG Very Fine 30. A nice evenly circulated piece with great color and eye appeal for the grade.
Fr. 1214 $100 1882 Gold Certificate PMG Fine 12. The paper surfaces are a bit soft, but the colors have held up nicely on this popular 1882 Hundred Dollar Gold Certificate.
From The Chenango County Collection
Fr. 1214 $100 1882 Gold Certificate Fine+. The color is still pleasing on this average circulated example that has a touch of foxing at lower right.
Fr. 1215 $100 1922 Gold Certificate PCGS Gem New 65PPQ. To date, only a single PCGS 65PPQ has sold at auction, according to Track & Price records. That note was sold by us in May 2007 for $20,700. This note is a beauty with bright flashy ink colors, broad margins, and all the eye appeal that one would expect for a 65PPQ note. Although over 600 pieces are known for this number, only 4% of them grade 64 and higher with the great majority of the notes in the 12 to 20 grade range. Rare and important at this grade level.
Fr. 1215 $100 1922 Gold Certificate PMG Choice About Unc 58 EPQ. This extraordinarily good-looking $100 Gold Certificate has the appearance of a perfect Gem. Third party graded 58's, particularly with the PPQ or EPQ qualifier, which this note has, tend to bring far in excess of About New sheet, often in the hope that the other major service will see it in a more favorable light. This note is an ideal candidate for that hope that springs eternal. Through the holder, it looks like the elusive Gem that it might possibly turn out to be.
Fr. 1215 $100 1922 Gold Certificate PMG About Uncirculated 55. This well printed beauty has needle-sharp printing, with even the subtle tones of shading behind Benton's portrait easily seen. The Treasury Seal and the oversized print have produced the bold embossing that is seen on the unprinted white paper that is interlaced with the deep orange ink on the back. In September 2007 we had a similarly graded Fr. 1215 by PMG go for $6900, and we would not be surprised if this were to happen a second time.
Fr. 1215 $100 1922 Gold Certificate PMG Very Fine 30. The overprint which is a little more wheaten in color than yellow is undeterred by age as it still boasts the most intricate details. Fresh, bright paper, and a nice red seal add even more eye appeal.
Fr. 1215 $100 1922 Gold Certificate PMG Very Fine 30. The ink colors have held up well over the years on this final large size $100 Gold Certificate. The orange back color was quite prone to fading by the time notes circulated down to the mid-grades...but not so for this note.
Fr. 1215 $100 1922 Gold Certificate PMG Very Fine 30. This is a premium example for the grade with original color and embossing seen behind "The Treasury of the United States."
Fr. 1215 $100 1922 Gold Certificate PMG Very Fine 30 Net. $100 Golds are always popular and this example will remain so even with the comment of "repairs" on the label.
Fr. 1215 $100 1922 Gold Certificate PMG Very Fine 25. The often muted golden-yellow overprint remains strong on this colorful piece. Nice margins are noted and the paper appears to be fully worthy of an EPQ designation.
Fr. 1215 $100 1922 Gold Certificate PMG Very Fine 25. A handsome note with super color, an ideal example of its grade. PMG has noted "splits" on the holder.
From The Chenango County Collection
Fr. 1215 $100 1922 Gold Certificate PCGS Very Fine 20. Although the ink and paper colors remain bright, there is a bit too much soil for a higher grade.
Fr. 1215 $100 1922 Gold Certificate Very Fine. This is an ideal representative for the grade and sports strong color, and pleasing original paper. The overprint and back printing are exceptional for the grade. A couple of pinholes are noted, but they are barely visible.
Fr. 1216 $500 1882 Gold Certificate PCGS Very Fine 20. Twenty-seven examples of this Lyons-Roberts signed 1882 $500 Gold Certificate are known, the finest of which is Extremely Fine. Below that, they fall off very quickly into varied VF grades. This note was last on the market in this same holder a year ago where it realized $18,400. On a stronger market for important notes, we would expect it to do a fair bit better today.
Fr. 1216a $500 1882 Gold Certificate PMG Very Fine 30. This piece was offered in our 2004 FUN Auction where it was described, "Around 30 examples are known, none of which grade fully Extremely Fine except for a single note graded EF that is in the Smithsonian. The note we are offering now is as bright as an uncirculated piece, with exceptionally large margins, and no repairs or restorations of any kind. Even the gold back, which is often faded on this type, has its full, bright color, and the eye appeal of a note in far higher grade. This is a strictly original note which has managed to retain some elements of its original embossing in spite of its light use in circulation. It is, without question, solidly in the running for the finest known example of its number." Since that appearance, an AU specimen was discovered and sold in 2006 for $115,000. Most recently, the PMG Very Fine 30 example in the Tom Flynn collection realized $40,250. Expect this most attractive high denomination Gold Certificate to reach or exceed that figure tonight.
Fr. 1216a $500 1882 Gold Certificate PMG Very Fine 20. Last appearing in our FUN 2007 sale of the Stella Collection, this beauty now resides in a PMG holder, with comments on back of "Repaired," which appear to have have been done to the center fold. Regardless, the note still has nice edges and color to go along with its full margins. Both services have graded eleven notes out of the 35 currently in the census.
Fr. 1216a $500 1882 Gold Certificate PMG Fine 12. This note was used as an illustration in the Hessler tome, Comprehensive Catalog of U.S. Paper Money, Volume 6, and, was once owned by Amon Carter. It makes a perfect mate for the 1216b below, as both are graded Fine 12 by PMG. PMG has noted "trimmed, minor restoration, splits" on the back of the holder. The restoration appears to be of a minor margin split, simply to keep the split from expanding.
Fr. 1216b $500 1882 Gold Certificate PMG Fine 12. The ink colors remain strong in spite of a fair degree of circulation. Real circulation, as opposed to bank handling, has a distinct "look". This note, along with others of its type, has clearly spent considerable time in actual circulation. The buying power of a $500 bill at the turn of the century was the equivalent of nearly $15,000 today, yet these notes were clearly carried and used at the time. Part of the answer lies in the fact that many large transactions that involve no cash at all today were in fact cash transactions between 1880 and 1920. In any event, this brightly colored, handsome $500 was out there at work for a number of years without incurring any problems save circulation wear.
Fr. 1220 $1000 1922 Gold Certificate PCGS Very Fine 30. At FUN 2008 a PMG Very Fine 35 Net with a restoration realized $48,300 on an estimate of $40,000-up. This pleasing note has a bright golden overprint with strong margins enveloping it. The paper looks bright and crisp. Notes such as this rarely turn up and usually create quite a stir when they do. Expect a realization this evening in the area of...
Fr. 1225 $10000 1900 Gold Certificate PCGS Very Choice New 64. Well margined with bright gold overprints. The Asst. Treasurer's signature is still present and this note is as attractive as one may find. This piece was cancelled, "U.S.T., 9:8:16." Listed as design No. 69 in the book 100 Greatest American Currency Notes.
Fr. 1225 $10000 1900 Gold Certificate PCGS Very Choice New 64. This non-redeemable high denomination Gold Certificates have become quite sought after in recent years. This piece is bright with a finely detailed overprint.
Fr. 1225 $10000 1900 Gold Certificate PMG About Uncirculated 53 EPQ. This is by far the most common signature combination for this type. What is uncommon about this note is the EPQ comment by PMG. Of the 74 examples of this number that they have graded, only six have earned the EPQ comment. It's easy to see why this is one of those six. The note has super original color, and the originality of the paper surfaces is easily seen through the third-party holder. These uniface notes were printed for use between Federal Reserve banks and most came into the public's hands as the result of a 1935 post office fire and the ensuing three-stooges-like incident as hundreds of these blew along the street in the wind. This note has a cancellation stamp indicating that it is "PAYABLE ONLY TO THE TREASURER OF THE US OR A FEDERAL RESERVE BANK." It bears the Teehee-Burke signature combination and it has incredible margins and perfect color to go along with its EPQ designation.
Fr. 1225 $10000 1900 Gold Certificate PMG About Uncirculated 50. This is a bright example made payable to the Farmers & Mechanics Bank of Philadelphia with a September 17, 1908 date. Embossing is present on this uniface note. These are always found cancelled in some form, in this case punch cancelled, and of course are non-redeemable. Subset letters with the 1225 Friedberg number on the PMG label define this design further by Treasury-official signatures. The eighteenth and latest edition of Friedberg only classifies these as 1225s. Perhaps we can look forward to this numbering expansion in the nineteenth edition.
Fr. 1225 $10000 1900 Gold Certificate PMG Choice Very Fine 35 EPQ. Evenly circulated, which is strange, since these never really circulated. It has excellent color as well as original paper surfaces. Most all of the known notes supposedly trace their origins to the 1935 post office fire, but this one shows not a trace of the normal staining, aging, and water damage common to those notes.
Fr. 1225 $10000 1900 Gold Certificate Fine. This is an interesting example of this Friedberg number as it has been pen cancelled and not hole cancelled, therefore the entire note is present. Perhaps this note was picked up on the street after the Washington, DC Post Office December 1935 fire, folded into fourths and carried in a wallet. The right 75% shows wetting and there are a few small edge tears with the longest being approximately three-eighths of an inch. Still, a charming note with a Hollywood-like back story, and you can even hold it, too.
Two $1 1870s Legal Tenders.
Fr. 26 $1 1875 Legal Tender PMG Very Fine 30
Fr. 27 $1 1878 Legal Tender PMG Very Fine 30.
From The Chenango County Collection
Four Ace Legals.
Fr. 36 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ
Fr. 37 $1 1917 Legal Tender PMG Choice Extremely Fine 45
Fr. 38 $1 1917 Mule Legal Tender PMG Choice Extremely Fine 45
Fr. 39 $1 1917 Legal Tender PMG Choice Extremely Fine 45.
From The Chenango County Collection
Low Denomination Legals Included in the lot are the following 1917 $1 Legals, Fr. 36, Fr. 37, Fr. 38, Fr. 39, two Fr. 60 1917 $2 Legals. and The notes here grade Very Fine to Extremely Fine. A number of the notes are just a few folds from uncirculated and boast strong embossing.
Three $1 & $2 1917 Legals.
Fr. 39 $1 1917 Legal Tender PMG Choice Extremely Fine 45.
Fr. 39 $1 1917 Legal Tender PMG About Uncirculated 53.
Fr. 60 $2 1917 Legal Tender PMG Choice About Unc 58.
From The Chenango County Collection
$2 and $5 Legals.
Fr. 56 $2 1880 Legal Tender PMG Extremely Fine 40
Fr. 87 $5 1907 Legal Tender PMG Choice Very Fine 35.
From The Chenango County Collection
Three Woodchoppers.
Fr. 89 $5 1907 Legal Tender PMG Choice Extremely Fine 45 EPQ
Fr. 90 $5 1907 Legal Tender PMG About Uncirculated 53
Fr. 91 $5 1907 Legal Tender PMG About Uncirculated 53 EPQ.
Fr. 89 is the second scarcest of the later Woodchoppers.
From The Chenango County Collection
Two Jackass Notes.
Fr. 111 $10 1880 Legal Tender PMG Choice Fine 15
Fr. 113 $10 1880 Legal Tender PMG Choice Fine 15.
From The Chenango County Collection
Two Ornate Back Marthas.
Fr. 218 $1 1886 Silver Certificate PMG Fine 12 Net
Fr. 221 $1 1886 Silver Certificate PMG Choice Fine 15.
The Fr. 218 has internal staining and splits.
From The Chenango County Collection
Black Eagle Triumvirate.
Fr. 226a $1 1899 Silver Certificate PMG Choice About Unc 58 EPQ
Fr. 227 $1 1899 Silver Certificate PMG Choice About Unc 58 EPQ
Fr. 233 $1 1899 Silver Certificate PMG Choice About Unc 58 EPQ.
From The Chenango County Collection
Four $1 Silvers.
Fr. 226a $1 1899 Silver Certificate PMG Choice Very Fine 35 EPQ
Fr. 227 $1 1899 Silver Certificate PMG About Uncirculated 55 EPQ
Fr. 237 $1 1923 Silver Certificate Two Examples PMG About Uncirculated 55.
From The Chenango County Collection
Two $50 1914 FRNs.
Fr. 1036 $50 1914 Federal Reserve Note PMG Very Fine 30
Fr. 1053 $50 1914 Federal Reserve Note PMG Choice Fine 15.
From The Chenango County Collection

Session 5
Colonial Notes
Continental Currency May 10, 1775 $5 PMG About Uncirculated 55. This is a lovely Continental, strongly signed, well margined, and problem free.
From The Collection of a Louisiana Gentleman
Continental Currency February 17, 1776 $1/6 Very Fine-Extremely Fine. This note has a bold red ink signature.
Continental Currency February 17, 1776 $2 About New. The signatures are strong and the margins ample. A couple of pre-printing paper crinkles are noticed.
Continental Currency February 17, 1776 $3 PMG Choice About Unc 58 EPQ. Superb in every sense but for the centering. The signatures remain perfectly bright.
From The Collection of a Louisiana Gentleman
Continental Currency February 17, 1776 $5 PMG Choice About Unc 58. The two signatures are bold.
From The Collection of a Louisiana Gentleman
Continental Currency February 17, 1776 $6 PMG About Uncirculated 50 EPQ. Nice signatures are coupled with pleasing paper quality.
From The Collection of a Louisiana Gentleman
Four Circulated Continentals. $7 July 22, 1776; $5 September 26, 1778; $30 September 26, 1778; and $40 September 22, 1778. All four notes grade Fine or better.
Continental Currency November 2, 1776 $7 PCGS About New 53PPQ. This is an attractive note with bold red and brown signatures and four nice margins.
From The Collection of a Louisiana Gentleman
Continental Currency February 26, 1777 $3 PMG About Uncirculated 50. This is a pleasing example of this much touted Baltimore issue.
From the Collection of a Louisiana Gentleman
Continental Currency May 20, 1777 $8 Blue Counterfeit Detector PCGS Very Choice New 64PPQ. This is a beautiful example that is fully framed.
From The Collection of a Louisiana Gentleman

Continental Currency September 26, 1778 $7 PMG Choice About Unc 58. The margins are all the way around on this example.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $8 PCGS About New 50PPQ. There are four boardwalk margins surrounding the frameline with bold signatures and serial number as well. The text is clear and bold with excellent eye appeal for the grade. You can fully expect more than the typical AU price for this beauty that looks nicer than most gems.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $20 PMG About Uncirculated 55. This note has a strong nature print.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $30 PCGS New 62. This is a boldly signed note.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $30 PMG About Uncirculated 55 EPQ. This note is nicely framed and centered.
From The Collection of a Louisiana Gentleman

Continental Currency September 26, 1778 $30 PMG Very Fine 30. This is a nicely signed and well margined note.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $40 Blue Counterfeit Detector PMG Choice About Unc 58 EPQ. This example has a nice blue tint.
Continental Currency September 26, 1778 $50 PMG About Uncirculated 53 EPQ. This note circulated for a short time and still retained its EPQ qualities.
From The Collection of a Louisiana Gentleman
Continental Currency September 26, 1778 $60 PCGS Choice About New 58PPQ. The lower left corner tip of this very nice Continental is a fold-out butterfly error. Sure to be of considerable interest to collectors of Continental Currency, as virtually all forms of errors on these notes are unknown.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $1 Blue Counterfeit Detector PMG Choice Very Fine 35. The blue tint is easier to see on the back of this note.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $20 PCGS Extremely Fine 45. This note is boldly signed with excellent color. Twenty Dollar notes were made for only four of the eleven Continental issues.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $30 PMG About Uncirculated 55. This is a nice looking, fully framed note with attractive signatures.
Continental Currency January 14, 1779 $40 PMG Very Fine 30. Bold penmanship and bright colors are traits of this note. Corner tear is mentioned on the label.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $45 PMG Choice Uncirculated 64. The $45 denomination was used only in this final issue of Continentals.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $45 PMG About Uncirculated 55. This is an attractive note that looks uncirculated.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $55 PMG About Uncirculated 55. This is the only issue that contained this odd denomination. Corner tear is mentioned on the label.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $55 PMG Choice Very Fine 35 EPQ. This note has well signed signatures and well printed text.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $60 PMG Choice Extremely Fine 45. This note has nice margins, color, and a dark signature.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $70 PMG Extremely Fine 40. This odd denomination appears only twice among the Continental issues.
From The Collection of a Louisiana Gentleman
Continental Currency January 14, 1779 $80 PMG About Uncirculated 55 EPQ. At first glance this note appears to be of a higher grade.
From The Collection of a Louisiana Gentleman
Three Continentals from the Final Issue. All are dated January 14, 1779. A $20 grading Fine-Very Fine, a $50 grading Very Fine, and a $60 grading Very Fine. All three notes are essentially problem-free and all have good signatures.
Connecticut June 1, 1773 5s PMG Fine 12 Net. This is a much scarcer issue than the commonly seen 1775-1780 issues. Signatures and strong print quality remain on this note which faces up as a nice VF, but which has earned the PMG comment of split.
Connecticut June 1, 1775 40s PMG Choice Uncirculated 63 EPQ. The true allure of this moderately scarce note is that it is uncancelled, thereby increasing its value and desirability to a completely new level.
From The Collection of a Louisiana Gentleman
Connecticut July 1, 1775 40s PMG Choice About Unc 58 EPQ. This EPQ note is impressive with its three bold red signatures, dark printing, and white paper. It does have a slash cancel.
From The Collection of a Louisiana Gentleman
Connecticut July 1, 1775 40s PMG About Uncirculated 55. This is a scarce note in uncancelled form. This example is that plus being nicely printed with delicate red ink signatures.
From The Collection of a Louisiana Gentleman
Connecticut June 7, 1776 5s PMG Choice Uncirculated 64 EPQ. This bright, "great embossing" slash cancelled example is enclosed within four nice margins.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 6d PMG Choice Uncirculated 64 EPQ. This is a nicely centered EPQ note with dark printing. It has been slashed cancelled.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 6d PCGS Choice New 63PPQ. This uncancelled note has strong embossing.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 6d PCGS Choice About New 58PPQ. The margins are excellent on all four sides of this nicely centered note. The embossing is very well struck on this uncancelled note.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 9d PMG Gem Uncirculated 66 EPQ. As of this writing, PMG has graded only three of these at this grade level and none higher. This EPQ embossed example is printed on bright paper with nice margins and picture perfect centering. A slash cancel is finally noticed.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 9d PMG Gem Uncirculated 66 EPQ. This EPQ note has hulking margins for the issue, "great embossing," and a difficult to see slash cancellation. As of this writing, PMG has graded only three of these at this grade level and none higher. Two of these notes are in this auction.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 9d PMG Choice About Unc 58 EPQ. The label expands on the condition of this EPQ note by declaring "great embossing." The paper is bright and three of the four margins are overly wide. A slash cancel is also noticed.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 1s PMG About Uncirculated 55. This handsome note is a scarce uncancelled note from this issue. A split repair is noted on the label.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 1s3d Extremely Fine. This is an uncancelled version of a note that has been lightly handled. The notes from this issue are much scarcer in an uncancelled state. The red signature on the face has faded, which is common among red ink signatures.
Connecticut June 19, 1776 1s3d Extremely Fine. Only 6000 of this denomination were printed. The face exhibits a dark print, while the back shows a lighter print.
Connecticut June 19, 1776 1s6d PMG Choice Uncirculated 64 EPQ. This is an embossed note that has been cut cancelled.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 1s6d PMG Choice Uncirculated 63 EPQ. This is a lovely uncancelled example of this popular Connecticut issue that has earned the EPQ grade modifier. A small pencil notation is noticed on the back.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 1s6d PMG About Uncirculated 55 Net. This is an attractive uncancelled note, even with the corner restored.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 1s6d About New. This is a very lightly circulated, and most importantly, an uncancelled Connecticut note. Only 9000 of this denomination were printed with this example having a small edge tear.
Connecticut June 19, 1776 2s PMG Choice About Unc 58. This is a scarcer issue and this note's label reads hinged, corner repair.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 2s6d PMG About Uncirculated 55. A slash cancel is found on this lightly handled note.
From The Collection of a Louisiana Gentleman
Connecticut June 19, 1776 5s PCGS Choice New 63PPQ. This is a bright slit cancelled note that is fully framed by margins outside of the frame line.
From The Collection of a Louisiana Gentleman
Connecticut October 11, 1777 2d PCGS Choice New 63. This is a nicely margined version with a dark signature and serial number 164. The usual slit cancel is noticed.
From The Collection of a Louisiana Gentleman
Connecticut October 11, 1777 4d PMG Choice Uncirculated 64. This is a well margined blue paper example. It has a bold signature and serial number. There are a few pinholes. It has been registered on the back and it has not been cancelled, making it even that much scarcer.
From The Collection of a Louisiana Gentleman
Connecticut October 11, 1777 5d PMG Choice Extremely Fine 45. This blue paper Small Change note is uncancelled and therefore scarce. Most of these notes are found cancelled in one form or another. This makes the current note highly desirable.
Connecticut October 11, 1777 7d White Paper PMG About Uncirculated 53. This cut cancelled note is printed on white paper which is much scarcer than the regular blue paper notes. The Friedberg reference says that the white paper notes are worth 50% more. In our opinion it is actually been shown to be closer to double in value.
From The Collection of a Louisiana Gentleman
Connecticut June 1, 1780 9d PMG Uncirculated 62 Net. Almost all of the notes of the 1780s issues have a hole cancellation, but this beauty has a slash cancel that has a tiny piece of clear tape covering the intersection. This note appears to be a lovely gem as there are two superb signatures and a bold serial number, as well as exceptional eye appeal.
From The Collection of a Louisiana Gentleman
Connecticut June 1, 1780 20s PMG About Uncirculated 53. The signatures are bold and there is not a hole cancel on this example as it has a slash cancel instead. The note was once hinged.
From The Collection of a Louisiana Gentleman
Connecticut July 1, 1780 5s PMG Uncirculated 62. The print quality is excellent on this slash cancelled example.
From The Collection of a Louisiana Gentleman
Connecticut July 1, 1780 10s Extremely Fine. This is a lightly circulated note that was not cancelled, which is unusual for notes of this issue. The signatures are present on this nicely printed example that has a few tiny edge tears.
Connecticut July 1, 1780 40s PMG Choice About Unc 58 EPQ. This note looks to be of a higher grade and the slash cancel is hard to see, too.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 1s PMG About Uncirculated 55 EPQ. Behemoth margins are noted on this boldly signed issue. We are unable to detect the reason this is not in a full Gem holder.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 2s/6d PMG Choice Extremely Fine 45. This note has excellent print qualities. It was once lightly hinged.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 4s PCGS Gem New 66PPQ. This is a high-grade Delaware with four jumbo margins, strong signatures, and perfect original surfaces. From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 4s PCGS Choice About New 55. This boldly signed note has huge margins of near equal proportions.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 5s PMG Choice Uncirculated 64 EPQ. All three signatures are strong on this note.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 5s PCGS Very Choice New 64. This is a beautiful example which is ideally centered on both sides between huge margins. The signatures and serial number look like they were applied five minutes ago. From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 5s Choice New. This note looks like it came off the Colonial press earlier today and that includes the pre-printing paper crinkle in the upper right corner.
Delaware January 1, 1776 6s PMG Choice About Unc 58. This note has wide margins and looks to be of a higher grade.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 10s PMG Choice About Unc 58 EPQ. Dark signatures grace this EPQ note.
From The Collection of a Louisiana Gentleman
Delaware January 1, 1776 10s PMG About Uncirculated 55 EPQ. The EPQ qualities are easily seen through the TPG holder.
Delaware January 1, 1776 20s PMG Choice Uncirculated 64. This quality note has bold signatures and above average margins.
From The Collection of a Louisiana Gentleman

Delaware January 1, 1776 20s PMG Uncirculated 62. This is a nicely signed, attractive note.
Delaware January 1, 1776 20s PMG About Uncirculated 55. This is a very pleasing example of this scarcer high denomination note. It is very well margined and has bold penmanship.
From The Collection of a Louisiana Gentleman
Delaware May 1, 1777 20s PMG Extremely Fine 40. This note is blessed with dark signatures of John Clarke and R(ichard) Lockwood.
Georgia 1776 10s PCGS Apparent Very Fine 25. This is a lovely example of this much tougher denomination and issue that we have only been able to offer only twice before. This example has sharp eye appeal and it is the "w" variety in Newman. It is bright for the grade and five bold signatures are present. Better Georgia Colonial notes are much in demand.
From The Collection of a Louisiana Gentleman
Georgia 1776 $1/4 PMG Very Good 10. Some splits along the center fold line are visible and mentioned on the third-party holder. The signatures remain bright and the print legible on this scarcer fractional denomination.
Georgia 1776 $1/4 PMG Very Good 10 Net. Another well circulated example of this tougher issue which displays a few splits and a missing corner at lower right.
Georgia 1776 $1/4 PMG Very Good 8 Net. This note is from a scarce two note fractional issue. This example has nice signatures and edges for the grade. The PMG comment includes splits and that the note is backed with a period backing.
Georgia 1776 $1/2 PMG Very Fine 20 Net. This note exhibits rounded corners and an internal split as mentioned. A scarce Georgia issue that rarely appears at auction in any grade.
Georgia 1777 $2 PCGS Extremely Fine 45PPQ. This is the first time we have been privileged to offer an example of this scarce note at auction. These are not priced above VF in either Friedberg or Newman with most surviving examples at the extreme low-end of the grading scale. This was because they were a workhorse of the Georgia economy. This note is also an example of Newman's border variety "a." From The Collection of a Louisiana Gentleman
Georgia June 8, 1777 $1/10 Fine-Very Fine. This scarce fractional issue has VF body, though archival tape is used to reinforce two of the folds. A survey of our archive indicates that we have not handled this denomination in at least a decade.
Georgia June 8, 1777 $1/2 Very Fine. This piece has solid eye appeal due to the bold printing. The piece has been backed, likely to reinforce the split in the centerfold.
Georgia June 8, 1777 $4 PMG Very Good 8 Net. This piece has a much better look than Very Good suggests. The PMG holder indicates some major splits and reattached pieces.
Georgia June 8, 1777 $6 Fine-Very Fine. The signatures and design are fairly bold for the issue, though some reconstruction work is noted. It was once back, and has some of the backing still present.
Georgia June 8, 1777 $7 Very Fine. This colorful issue has some archival tape on back supporting a split at center. We have handled only five other examples of this denomination.
From The Norman Collection

Georgia September 10, 1777 $5 Very Fine. We have seen very few examples of this scarce note over the years. A few small edge blemishes are noticed.
Maryland 1733 1s PMG About Uncirculated 50. This is an unsigned, unissued remainder from the first Maryland issue.
Maryland 1733 1s6d PMG Choice About Unc 58. Close to 40 years ago a small supply of remainders from Maryland's first issue came on to the market. These have all but dried up in the market place and we are surprised that we are able to offer more than one in this auction. This is a handsome note that looks to be of a higher grade.
Maryland 1733 2s6d PMG About Uncirculated 55 Net. The last time we offered one of these was over five years ago. This is a quality remainder on "MARYLAND" watermarked paper. The net grade is due to a "tear repair."
Maryland March 1, 1770 $6 PMG Extremely Fine 40. This is a bright and lightly handled note.
From The Collection of a Louisiana Gentleman
Maryland April 10, 1774 $1/2 PMG Choice About Unc 58 EPQ. This delightful note has a little bit of extra ink as printed in the upper right corner.
From The Collection of a Louisiana Gentleman
Maryland April 10, 1774 $2 About New. This note has a single-fold, sound edges, and nice paper.
Maryland April 10, 1774 $2 PMG Extremely Fine 40 EPQ. Strong signatures adorn this EPQ note.
From The Collection of a Louisiana Gentleman
Maryland April 10, 1774 $4 PMG About Uncirculated 50. The printing and signatures are both bold on this appealing note. There are two pencilled characters on the back, probably a long ago dealer's code.
From The Collection of a Louisiana Gentleman
Maryland April 10, 1774 $6 PMG Very Fine 25 Net. This attractive piece shows decent margins all around. PMG notes some paper damage and a stamp hinge.
From The Collection of a Louisiana Gentleman
Maryland April 10, 1774 $8 PMG Choice Very Fine 35 EPQ. Not many Colonials earn the EPQ grade modifier as this note has.
From The Collection of a Louisiana Gentleman
Maryland December 7, 1775 $2 2/3 PMG Very Fine 25 NET. Only three other examples of this denomination have been offered in our past sales. None of those pieces were better than VF, making this an ideal note to bid on. PMG indicates a repair.
From The Collection of a Louisiana Gentleman
Reprint Sheet of Four Sword-in-Hand Notes. This is a contemporary reprint of a sheet of the famous Sword-in-Hand notes.
Massachusetts October 16, 1778 3s PCGS Apparent Extremely Fine 45. This codfish note has nice signature and print quality. We have been able to offer only a few of these in the past. The ink stain on back is faint.
From The Collection of a Louisiana Gentleman
Massachusetts 1779 3s6d PCGS Extremely Fine 40. The Rising Sun issue was printed from face plates that had been engraved by Colonial printer, silversmith, and legendary forefather Paul Revere, who also printed the faces of the notes themselves. The backs employed set-type and cast cuts from the previous Codfish issue and were printed by Thomas Fleet. This example is nicely signed while the ink is dark.
From The Collection of a Louisiana Gentleman
Massachusetts 1779 4s6d PCGS Very Fine 25. This is a nice, evenly circulated and well printed Rising Sun note. The face plates for these notes were engraved by Colonial patriot, silversmith, and printer Paul Revere, and the faces were printed in his shop. The backs were typeset and printed by Thomas Fleet. From The Collection of a Louisiana Gentleman
Massachusetts May 5, 1780 $2 PMG Choice About Unc 58 EPQ. This example has been nicely printed and signed. It has a hole cancel and a red interest paid stamp.
From The Collection of a Louisiana Gentleman
Massachusetts May 5, 1780 $3 PMG Choice Uncirculated 63 EPQ. This note is fully signed and endorsed and it has a much smaller than usual hole cancel which does not affect the signatures in any way. The embossing is superb and the print quality excellent on this highly desirable piece of Colonial Currency.
From The Collection of a Louisiana Gentleman

Massachusetts May 5, 1780 $7 PMG Choice Uncirculated 63. This is an attractive hole cancelled note.
From The Collection of a Louisiana Gentleman
Massachusetts May 5, 1780 $7 PCGS About New 53. This is a very desirable and most importantly uncancelled example which is also fully signed on the back by Peter Boyer. It has sharp print quality and nice signatures, too.
From The Collection of a Louisiana Gentleman
Massachusetts May 5, 1780 $7 PMG Extremely Fine 40. This note is not cancelled in any fashion and it is fully signed on the back by Peter Boyer. There is a split repair.
Massachusetts May 5, 1780 $8 PMG Choice Uncirculated 64 EPQ. This fully signed Massachusetts Guaranteed note has a small hole cancel for the issue. All three signatures are bold. It is signed on the back by Peter Boyer for the United States.
From The Collection of a Louisiana Gentleman
Massachusetts 1781 $16 PCGS Very Fine 30. This is a rare note that was previously unknown, but in the last few years, a few notes have surfaced. It had a printing of only 5000, so you can count on this design always being rare. This example is hole cancelled as is expected and it is a note we have sold previously. From The Collection of a Louisiana Gentleman
New Hampshire April 1, 1737 Redated August 7, 1740 Cohen Reprints 20s; 60s; 100s. These Cohen Reprints were printed circa 1850 from the original plates. The original, genuine printing was very small for the entire issue with only 1981 notes spread among four denominations. We have not seen a genuine note from this issue that is unpriced in both Newman and Friedberg. The higher two denominations presented here grade About New with a few tiny edge nicks each and the 20s is Gem New. This lot is missing the reprinted 40s.
From The Collection of a Louisiana Gentleman

New Hampshire April 29, 1780 $4 PCGS Apparent Very Fine 35. This is an especially rare note when found in an uncancelled state such as this example. Only 2900 of these were printed and these are usually found with a hole cancel. This example has attractive signatures and a skillful repair in UL corner.
From The Collection of a Louisiana Gentleman
New Hampshire April 29, 1780 $7 PCGS Very Fine 30. This note is nicely margined and bright. New Hampshire is the rarest of the original thirteen Colonies. This example is hole punch cancelled.
From The Collection of a Louisiana Gentleman
New Hampshire April 29, 1780 $20 PCGS Very Fine 30. This is a nice mid-grade example that has been hole punch cancelled.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 1s PMG Choice About Unc 58. These are very hard to locate above AU. The paper and signatures are first-rate on this example.
From The Collection of a Louisiana Gentleman
New Jersey December 31, 1763 18d PMG Choice Uncirculated 64. This well preserved note has dark signatures.
New Jersey February 20, 1776 £3 PMG About Uncirculated 55. Strong embossing is noticed on this note with dark signatures. We have offered very few of these over the years. Paper pull is listed on the label.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 1s PMG About Uncirculated 55. This note exhibits quality printing and three dark signatures.
From The Collection of a Louisiana Gentleman

New Jersey March 25, 1776 1s PMG About Uncirculated 53. There are three bold signatures and serial number on this note.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 18d PMG Gem Uncirculated 66 EPQ. PMG has only graded two of this number higher as of this writing. This example has bold color and signatures.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 18d PCGS Very Choice New 64PPQ. This is a very boldly printed and signed example that has superb detail on the face design, a fact almost never seen. From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 18d PMG About Uncirculated 55 EPQ. This is a sharply printed note.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 18d PMG About Uncirculated 55. This scarce note displays quality printing, three bold signatures, and ideal centering.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 3s PCGS Very Choice New 64. This note is nicely centered within four wide margins.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 3s PMG About Uncirculated 55 EPQ. This Plate B note has sharp print qualities and three wide margins. The Plate B letter is hidden by the bottom signature.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 6s PMG About Uncirculated 53. Broad, even margins, three strong signatures, and tons of eye appeal all combine on this popular New Jersey note.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 6s PMG Choice Extremely Fine 45 EPQ. This example has a lot of appeal for the grade.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 12s PCGS Gem New 65PPQ. This note is boldly signed by John Hart, one of the signers of the Declaration of Independence. Hart's signature is usually quite light, but on this note it is as dark as the other signers. The note is well margined all the way around and strongly printed on both sides which is not often the case on this issue, as the nature print central back design is often weak and murky. From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 15s PMG Choice About Unc 58 EPQ. This note is well printed with three strong signatures.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 15s PMG Choice About Unc 58 EPQ. Two gigantic margins are found on this well signed note.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 15s PCGS Choice About New 58. Broad, even margins, strong signatures, and super eye appeal all combine on this lovely Jersey. From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 30s PCGS Very Choice New 64PPQ. This note has sizeable margins, good centering, and superb embossing.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 30s Extremely Fine-About New. The red-orange ink and signatures are dark while the handling is light.
New Jersey March 25, 1776 £3 PCGS Choice About New 58PPQ. This is a gorgeous note printed with blue, red, and black inks. The signatures are strong, too.
From The Collection of a Louisiana Gentleman
New Jersey March 25, 1776 £6 PCGS Extremely Fine 45. This is a wonderful example of this scarce and highly coveted tricolor New Jersey issue. While this issue is painfully common in the lower denominations, the £3 and £6 are a different story. This example has dark signatures, bright ink colors, and exceptionally well struck embossing.
From The Collection of a Louisiana Gentleman
New Jersey January 9, 1781 3s6d Very Fine. This scarce note is nicely margined on its face, while the back has been reinforced along much of its edges on this late-date issue. Light staining is also noticed.
New York February 16, 1771 £5 Choice Very Fine. Some splits have been repaired on the blank back with pieces of stamp hinges, but this well margined note has an unusually good look for this normally tattered issue.
New York August 2, 1775 (Water Works) 8s PMG About Uncirculated 50 Net. This Water Works note has bold signatures and great color.
From The Collection of a Louisiana Gentleman
New York September 2, 1775 $10 PCGS Very Fine 35. This is a sharply printed example of this design that sports an elephant vignette. We have always been fascinated by this vignette in part due to its inappropriateness on a New York note and in part due to the elephant's bizarrely long trunk.
From The Collection of a Louisiana Gentleman
New York January 6, 1776 (Water Works) 4s PMG About Uncirculated 55. This serial number 316 note was one of only 2500 printed.
New York January 6, 1776 (Water Works) 8s PMG About Uncirculated 50 Net. Two different stocks of paper were glued together for the paper supply of this issue. The face is of a bright paper, while for the back, a dark coarser stock was used. The signatures were done in red and black ink. The net grade is due to being backed.
From The Collection of a Louisiana Gentleman

New York March 5, 1776 $1/6 PMG Very Good 8 Net. The center margin has been reattached on this note.
New York March 5, 1776 $1/4 PMG About Uncirculated 55. This impressive note is quite nice for the issue. Any trace of a fold is lost in the holder.
New York March 5, 1776 $1/2 PMG About Uncirculated 50 Net. This lightly handled note has excellent eye appeal.
From The Collection of a Louisiana Gentleman
New York March 5, 1776 $2/3 PCGS About New 50PPQ. Dark penmanship is found on the face.
From The Collection of a Louisiana Gentleman
New York August 13, 1776 $10 PMG Choice Very Fine 35. The back features a vignette of an elephant under the Latin motto, "PAR VIRIBUS VIRTUS," which Newman translates as, "Virtue is equal to strength."
From The Collection of a Louisiana Gentleman
North Carolina 1756 - 1757 (written dates) £5 Very Good-Fine. This example, which has been professionally restored, shows a handwritten date of Decem. 15, 1757. This written date issue is particularly scarce and few examples are known to be in unadulterated states of preservation. In fact the whole issue is unpriced in Newman or Friedberg in any grade. This is the variety with "Payment" not hyphenated.
North Carolina April 23, 1761 20s PMG Choice Fine 15 Net. This is a bright, well signed example with splits, tape repair.
From The Collection of a Louisiana Gentleman
North Carolina December, 1768 20s Very Fine. This pleasingly original piece is solid, save for a few very minor margin nicks. The signatures and serial number remain strong. There are many endorsements on the back as is usual for notes from this colony.
North Carolina December, 1768 40s PMG Extremely Fine 40. This note is well margined and nicely signed.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 1s PCGS Very Choice New 64PPQ. We can recall only handling one other note of this design that rivals the condition of the current note. This is a bright, well margined, and beautiful EPQ example.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 2s6d PCGS Apparent Very Choice New 64. This is a nicely margined, well-signed example of this popular type with its charming house vignette. The house vignette was strengthened during the later printing. PCGS mentions a repaired edge tear at top center.
North Carolina December, 1771 2s6d PMG Choice About Unc 58. This denomination comes with two different vignettes, the house and the duck variety. "Great color" is listed on the back.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 2s6d PMG About Uncirculated 55. This note has a nice house vignette.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 2s6d PMG Choice Very Fine 35 EPQ. This denomination comes with two different vignettes, the house variety and the duck variety (which this cataloger used to think was a swan.) This is a bright example of the duck variety.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 £1 PMG Choice Uncirculated 64 EPQ. John Harvey could have signed this EPQ note today.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 £1 PMG Choice Uncirculated 63. This is a bright note with dark signatures.
From The Collection of a Louisiana Gentleman

North Carolina December, 1771 £1 PCGS Extremely Fine 40. The I. Ashe printed on the back represents John Ashe, Treasurer of the Northern District of North Carolina.
From The Collection of a Louisiana Gentleman

North Carolina December, 1771 £1 PMG Very Fine 30. The vignette of this bright note is of the constellation Ursa Minor. There is a tear repair.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 30s PMG Extremely Fine 40 Net. This is a lightly circulated example which has three huge margins and much better eye appeal than is denoted by the grade.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 £2 PMG Very Fine 25 Net. Several endorsements are found on the back of this note. There are split and margin repairs.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 £2 PMG Fine 12 Net. The vignette of a dove holding an olive branch is sharp and clear. The label reads marjor (sic) tear repairs.
From The Collection of a Louisiana Gentleman
North Carolina December, 1771 £5 PMG Choice Very Fine 35. This is the highest denomination and scarcest of this issue with only 2000 printed.
North Carolina December, 1771 £5 PMG Very Fine 25. This is a nice mid-grade example of this much scarcer denomination from the most common North Carolina issue. There is a margin repair.
From The Collection of a Louisiana Gentleman
North Carolina August 8, 1778 $1/8 PMG Very Fine 25. This is only the second one of these that we have been able to offer.
From The Collection of a Louisiana Gentleman
North Carolina August 8, 1778 $5 PMG About Uncirculated 55 EPQ. This example bears the motto, "The Rising States." All nineteen different notes from this issue bear patriotic mottoes printed in English.
From The Collection of a Louisiana Gentleman
North Carolina August 8, 1778 $10 PMG Very Fine 25. One of three mottoes are found on this denomination of this issue.
From The Collection of a Louisiana Gentleman
North Carolina August 8, 1778 $10 Fine. This is the variety with the motto, "Persecution the ruin of empires."
From The Collection of a Louisiana Gentleman
North Carolina August 8, 1778 $20 PMG Very Fine 25. This is a problem-free piece with the motto, "American virtue triumphant."
From The Collection of a Louisiana Gentleman
North Carolina August 8, 1778 $50 PMG Very Fine 30. This is only the third one of these we have been able to offer.
From The Collection of a Louisiana Gentleman
North Carolina May 15, 1779 $5 PMG About Uncirculated 53. These are not priced above VF in either Friedberg or Newman. PMG has graded only one of this number and this is it. This note bears the motto, "Be Freedom and Independence Steadily Pursued."
From The Collection of a Louisiana Gentleman
North Carolina May 15, 1779 $25 PMG Very Fine 20. This example has bold signatures and splits.
From The Collection of a Louisiana Gentleman
North Carolina May 10, 1780 $25 Extremely Fine. There are six different varieties of this denomination, each distinguished by its Latin motto which on this note reads, Terra libera Notan Praetii in me posuit, which loosely translates to "a free land placed value on me." This issue is virtually never seen in this grade and it is not priced above VF in either Newman or Friedberg. Light folds are found on this note that has three small repairs.
North Carolina May 10, 1780 $50 Fine. This is the first time that we have had an example of this note. An internal split at center is noticed.
From The Collection of a Louisiana Gentleman
North Carolina May 10, 1780 $100 PMG Very Fine 25. This scarce note had a printing of around 5000.
From The Collection of a Louisiana Gentleman

Pennsylvania March 20, 1771 10s PMG Very Fine 25. This note is nicely centered with bold signatures. Just 6000 of these were printed.
From The Collection of a Louisiana Gentleman
Pennsylvania March 20, 1771 15s PMG About Unc 50. This example has bold signatures and clean paper.
From The Collection of a Louisiana Gentleman
Pennsylvania March 20, 1771 20s PMG About Uncirculated 53. Only 6000 of these were printed in A-B plate letter sheets. This example is from the B plate position. We have offered one of these only five times before with the current example being the nicest of them all.
Pennsylvania April 3, 1772 1s PCGS New 62. Dark inks and clear signatures grace the surface of this issue which has an extra large fleck of mica on the back.
From The Collection of a Louisiana Gentleman
Pennsylvania April 3, 1772 2s PCGS New 61. This is an important note due to the signature of John Morton, one of the signers of the Declaration of Independence. Eleven different signers of the Declaration of Independence also signed Colonial notes. Several are very rare, and only one (John Hart of New Jersey) can be considered relatively common. Morton's signature does appear with some regularity, but virtually never with the bold, dark clarity seen here.
From The Collection of a Louisiana Gentleman
Pennsylvania October 1, 1773 5s PMG Choice Extremely Fine 45. Three dark signatures adorn this note.
From The Collection of a Louisiana Gentleman
Pennsylvania October 1, 1773 15s PCGS About New 53. This note is misidentified on the label as a 10s. Three solid signatures are found on this 15s note.
From The Collection of a Louisiana Gentleman

Pennsylvania April 10, 1775 50s PCGS Choice About New 58PPQ. Only 1667 plate letter C examples were printed with the Pennsilvania spelling. The signatures are bold and the note is well printed.
From The Collection of a Louisiana Gentleman
Pennsylvania April 10, 1775 50s PMG Choice Extremely Fine 45 EPQ. This is the lower of the two denominations of the Workhouse issue and it is a nice, lightly circulated example. This is a scarce note that is also popular.
Pennsylvania October 25, 1775 3d PCGS Choice New 63PPQ. This is the nicest one of these we have ever had the opportunity to offer and that includes both third-party graded or raw notes. Also, we have had far fewer of these over the years than the reference books would suggest.
From The Collection of a Louisiana Gentleman
Pennsylvania October 25, 1775 6d PMG Choice Uncirculated 64. This note has a vivid signature.
From The Collection of a Louisiana Gentleman
Pennsylvania December 8, 1775 40s PCGS Very Choice New 64. This is a well preserved example with bold signatures.
From The Collection of a Louisiana Gentleman
Pennsylvania December 8, 1775 40s PMG Choice About Unc 58 EPQ. Bold signatures are a highlight of this EPQ note.
From The Collection of a Louisiana Gentleman
Pennsylvania April 10, 1777 9d PCGS Choice New 63. Three nice margins earn this note its "63."
From The Collection of a Louisiana Gentleman

Pennsylvania April 10, 1777 16s PMG Choice Uncirculated 63. This is a boldly signed example. The label mentions hinged and tear.
From The Collection of a Louisiana Gentleman
Pennsylvania April 10, 1777 40s PMG Very Fine 30 Net. This is a handsome red and black note. We have offered this design only thrice before in all of our auctions combined. A corner has been reattached.
From The Collection of a Louisiana Gentleman

Pennsylvania April 20, 1781 3d PMG Very Fine 25 Net. This is the first time that we have had one of these "Penee" errors. This occurs with the misspelled word "Pence" right above the signature. This only occurs on plate A notes. Repairs are mentioned on the label.
From The Collection of a Louisiana Gentleman
Pennsylvania April 20, 1781 9d PMG Extremely Fine 40 EPQ. This Pennsylvania Small Change note faces up well with its nice margins.
Rhode Island May 22, 1777 $1/8 PMG Fine 12. This is a scarcer Rhode Island issue which has a bold signature, but which has also earned the PMG comment of splits. We have sold similar examples to this in the $300-$400 price range in the past couple of years.
Rhode Island July 2, 1780 $1 PMG Choice Uncirculated 64 EPQ. This note is fully signed on both sides with the guarantor being Jos(eph) Clarke.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $1 PMG About Uncirculated 55. This is an attractive remainder for this issue.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $2 PMG Choice Uncirculated 64 EPQ. This well printed note is fully signed.
From The Collection of a Louisiana Gentleman

Rhode Island July 2, 1780 $2 PMG Choice Uncirculated 64 EPQ. This remainder exhibits excellent print quality and two dark signatures.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $2 PMG Choice About Unc 58 EPQ. Serial number 1981 decorates this fully signed note. Fully signed notes of this issue are much scarcer than remainders.
From The Collection of a Louisiana Gentleman

Rhode Island July 2, 1780 $3 PMG Choice Uncirculated 64 EPQ. This beauty is a remainder as it is missing the third signature for the United States on the back.
From The Collection of a Louisiana Gentleman

Rhode Island July 2, 1780 $5 PMG Choice Uncirculated 64 EPQ. The face of this remainder has two dark signatures.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $5 PCGS New 62PPQ. The color is bright on this well centered Colonial.
Rhode Island July 2, 1780 $5 PMG Choice About Unc 58 EPQ. This is a lovely remainder with plenty of eye appeal.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $5 PMG About Uncirculated 55 EPQ. This fully issued note was signed on the back for the United States by Jon(athan) Arnold, who was a Rhode Island delegate to the Continental Congress.
From The Collection of a Louisiana Gentleman

Rhode Island July 2, 1780 $5 PMG About Uncirculated 50 Net. This is an attractive remainder even with a tear repair.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $7 PMG About Uncirculated 55 EPQ. This fully issued note has all three signatures in place including that of Jon(athan) Arnold, who was a Rhode Island delegate to the Continental Congress.
From The Collection of a Louisiana Gentleman
Rhode Island July 2, 1780 $20 PMG Choice Uncirculated 64 EPQ. This well preserved fully issued note was signed on the back for the United States by Jon(athan) Arnold, who was a Rhode Island delegate to the Continental Congress.
From The Collection of a Louisiana Gentleman

Rhode Island July 2, 1780 $20 PMG Choice Uncirculated 64. This is a beautiful remainder with nice signatures, excellent print quality, and wide margins. The note was once hinged.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 6d PCGS New 61PPQ. Plenty of embossing is seen on the back of this note.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 1s PMG Gem Uncirculated 66 EPQ. "Embossing so strong you can trip over it," is not just a cliche with this note, but please do not try it. The margins are overly wide, too. PMG has only graded one note equal and two higher of this number.
Rhode Island May 1786 1s PCGS Very Choice New 64. This example offers quality printing and four ample margins.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 1s PMG Choice About Unc 58 EPQ. This is a bright EPQ note with extra wide margins and "great embossing."
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 1s PMG Extremely Fine 40 EPQ. Bold embossing is a trait of this note.
Rhode Island May 1786 2s/6d PMG Choice Uncirculated 64. This note has wide margins and embossing. There is a small margin tear.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 3s PMG Choice Uncirculated 64 EPQ. PMG has not graded any equal and just two higher of this Friedberg number.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 6s PCGS Choice New 63. We have not seen a higher third-party graded note for this denomination for the 1786 issue.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 20s PMG Choice About Unc 58 EPQ. This EPQ note has eye appeal with its full margins and nice centering.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 30s PMG About Uncirculated 55. This note has extra wide margins and exceptional centering. PMG has graded only one equal and three higher of this denomination from the May 1786 issue.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 40s PMG Choice Uncirculated 64 EPQ. This very attractive note is knocking on the door of the gem residence. It has three dark signatures and wonderful print qualities. The lower left corner has a pre-printing paper crinkle as we once handled this note before it was third-party graded.
From The Collection of a Louisiana Gentleman
Rhode Island May 1786 40s PMG About Uncirculated 55 EPQ. The signatures are well preserved on this lightly handled beauty.
From The Collection of a Louisiana Gentleman
South Carolina June 1, 1775 £10 PMG Fine 12 Net. This £10 note is bright for the grade with a large tape repair at back vertical center.
From The Collection of a Louisiana Gentleman
South Carolina November 15, 1775 15s PMG Very Good 8 Net. We have been able to auction only two of these in the past with the most recent being January 2003. This is in fact a rare issue with us offering only eleven examples spread among ten denominations before tonight. The vignette is very clear and this example has split repairs.
From The Collection of a Louisiana Gentleman
South Carolina November 15, 1775 £3 PMG Good 4 Net. This is only the fourth time we have been able to offer this rare denomination from this elusive series. In fact for the entire November 15, 1775 issue spread over ten denominations, we have had only eleven previous offerings before tonight. The net grade is due to splits and pieces missing. The all-important cannon vignette is undisturbed on this note from the highest denomination of the issue. The Latin phrase, Ultima Ratio translates to "the final reckoning."
From The Collection of a Louisiana Gentleman
South Carolina March 6, 1776 £25 PMG Fine 12. This is a scarce note from a scarce issue. Only 5200 examples were originally printed of this denomination for this issue. We have been able to offer very few of these over the years. In fact PMG has graded only two of these and both of the notes are at this grade level. Piece(s) are missing, but they are best described as tiny edge nicks. This is an important South Carolina Colonial.
From The Collection of a Louisiana Gentleman

South Carolina December 23, 1776 $1 PMG Choice About Unc 58 EPQ. This is a remainder note without a serial number and signed by Wakefield only. This note uses four Hebrew characters on the back as an anticounterfeiting device. It is nicely margined and attractive.
From The Collection of a Louisiana Gentleman
South Carolina December 23, 1776 $4 PCGS Very Choice New 64. This partially signed remainder carries the correct date for this denomination of this issue.
From The Collection of a Louisiana Gentleman
South Carolina February 14, 1777 $20 PMG Very Fine 25. This is a scarce note that is not valued above VF in either Friedberg or Newman. Overall, this is a nice mid-grade example with a clear vignette and PMG has graded only one note equal and one note higher of this design.
From The Collection of a Louisiana Gentleman

South Carolina February 14, 1777 $20 Very Fine-Extremely Fine. There were only two denominations for this 1777 issue, the $20 and the $30, and both had a printing of only 6160 each. The vignette of a bird fleeing its cage through an open door bears the Latin motto Ibi Patria Ubi Libertas, which Newman translates as, "Our country is there, where is freedom." The printing and signatures are dark. There is a paper clip rust outline on the back and little scuffing in Powell's signature.
South Carolina February 14, 1777 $30 PMG Extremely Fine 40. This nicely signed note is unusually high-grade for this issue and in fact we have not offered a higher graded example. PMG has also not graded an example higher. Neither Newman nor Friedberg prices this scarce note above VF. The total printing was only 6160.
From The Collection of a Louisiana Gentleman
South Carolina February 14, 1777 $30 PMG Very Fine 20 Net. The ink is dark on this elusive note and we are fortunate to have two in this auction. The vignette is of a man hiking with a pack on his back, surrounded by the Latin motto, "Mysera Servitus Omnis," which Newman translates as "All slavery is wretched." There is an internal tear repair.
South Carolina April 10, 1778 2s6d PCGS Choice About New 55. Traits of this Cornucopia note are bold signatures, sharp printing, and wide margins.
From The Collection of a Louisiana Gentleman
South Carolina April 10, 1778 2s6d PMG About Uncirculated 50. The printing is clear and sharp on this example that carries a cornucopia vignette and dark signatures. There is a small corner repair in the upper left corner.
From The Collection of a Louisiana Gentleman
South Carolina April 10, 1778 3s9d PCGS Choice About New 55PPQ. This Beaver note is well signed and nicely printed.
From The Collection of a Louisiana Gentleman
South Carolina April 10, 1778 5s PCGS Choice About New 58PPQ. Embossing is evident on this attractive Phoenix note.
South Carolina April 10, 1778 10s PMG Extremely Fine 40 Net. This is a nicely printed example that has a Palmetto Tree and Fort vignette. This example has a corner repair which is believed to be a reinforcement. Still PMG has graded only three higher of this design.
From The Collection of a Louisiana Gentleman

South Carolina April 10, 1778 20s PMG Fine 12 Net. This is the first time we have been able to offer an example of this scarce note. The horse vignette is clear. Split repairs are mentioned on the label.
From The Collection of a Louisiana Gentleman
South Carolina February 8, 1779 $90 PMG About Uncirculated 50 EPQ. We have been able to offer only two higher graded examples of this scarce note over the years. The current example has also earned the EPQ grade modifier which is exceptionally hard to attain in the field of Colonials. Friedberg and Newman do not price this note above VF and XF respectively. The note was engraved by Thomas Coram and it is signed on the back in small letters along the edge of Hercules' cape. The back vignette is of Hercules Strangling a Lion.
From The Collection of a Louisiana Gentleman
Virginia July 17, 1775 2s/6d Good, and a:
Virginia May 5, 1777 (Dates Handwritten) $5 Very Good.
Slight damage is noted on this scarcer issues.
Virginia July 17, 1775 5s PMG Choice Extremely Fine 45. A pleasing example of this issue with perfectly printed details.
From The Collection of a Louisiana Gentleman

Virginia July 17, 1775 20s Extremely Fine. The design details are boldly printed. A touch of foxing is noted on this issue which has been backed.
Virginia July 17, 1775 £3 PMG Choice Fine 15. This is one of the better printed examples of this issue, which is usually overinked to the point that some of the design loses its details. PMG notes splits.
From The Collection of a Louisiana Gentleman
Virginia September 1, 1775 20s PCGS Very Fine 30. This is by far the finest example of a 20s James River Bank note that we have handled. It has none of the normal problems that one expects on these heavily used, thin paper issues. This note is totally free of any splits, tears, repairs, or restorations. All of the signatures are bold, as is every word of the printed and hand-written text. Virginia specialists and Colonial generalists will be equally excited to obtain this note in this grade.
From The Collection of a Louisiana Gentleman
Virginia September 1, 1775 £12 PCGS Very Fine 25. This James River Bank note is essentially in a very high grade for the issue, which is not priced above VF in either Friedberg or Newman.
From The Collection of a Louisiana Gentleman
Virginia May 5, 1777 $5 PMG Fine 12. This piece has the body and appearance of a full VF. PMG notes margins splits, none of which is too distracting.
From The Collection of a Louisiana Gentleman
Virginia May 5, 1777 $8 PMG Very Fine 25. A very clean looking note having excellent dark print, four large margins and a strong brown ink written date.
From The Collection of a Louisiana Gentleman
Virginia Partial Proof 1777 $10 PCGS Choice About New 55. This lot appears to be similar to lot #4429 of the Stack's Ford XVII sale, and was described as, "A partial proofing with incomplete cast border cuts. These were struck privately from seized and partially broken plates at Richmond during the Civil War. Rare and the first we have catalogued for the sale. The only example for which we have a pedigree was in Pine Tree's 1975 Elizabeth Morton Sale." This piece is on different paper than the actual issue, thus leading us to believe this is also a Civil War restrike. We know this different paper fact because we offered this item earlier before it was third-party graded.
From The Collection of a Louisiana Gentleman
Virginia Partial Proof 1777 $10 PCGS Extremely Fine 45. This item is similar to the above lot except it has three very large margins.
From The Collection of a Louisiana Gentleman
Virginia October 20, 1777 $6 PMG Choice Extremely Fine 45 Net. Some mottled toning is note on this piece which according to PMG also has split repairs.
From The Collection of a Louisiana Gentleman
Virginia October 20, 1777 $8 PCGS Choice About New 55PPQ. This example is nicely centered with strong signatures and an overall very nice appearance.
From The Collection of a Louisiana Gentleman
Virginia May 4, 1778 (Dates Handwritten) $5 PMG Very Fine 20 Net. This piece has solid eye appeal, despite repaired splits noted by PMG. The majority of examples from this issue show printed dates. This is also the first example of this denomination that we've handled.
From The Collection of a Louisiana Gentleman
Virginia May 4, 1778 (Dates Handwritten) $8 PMG Very Fine 25. Broad margins are seen on this pleasing $8. This is the first example of this denomination that we've handled.
From The Collection of a Louisiana Gentleman
Virginia October 5, 1778 $1 PMG Fine 12. The paper is bright for the issue, though the printed details were a little too heavily inked. Our records indicate we have not previously handled this denomination.
From The Collection of a Louisiana Gentleman
Virginia July 14, 1780 $15 PMG Very Fine 20 NET. This rice paper issue has great eye appeal and appears fully EF or better. There is a silk backing that has resulted in a net grade.
From The Collection of a Louisiana Gentleman
Virginia July 14, 1780 $35 PCGS Very Fine 20. A refreshingly original issue with paper that faired very well in circulation.
From The Collection of a Louisiana Gentleman
Virginia July 14, 1780 $60 PMG Very Fine 20. This is an exceptional quality rice paper note that faces up as nicely as almost any you will find due to the fact that there are virtually no problems whatsoever. Anybody who has collected this series knows just how difficult a challenge that is.
From The Collection of a Louisiana Gentleman
Virginia July 14, 1780 $80 PMG Very Fine 20. These rice paper notes were thin and brittle and any little circulation caused them to get holes, tears, have ink erosion, etc. The true allure of this lightly circulated note is that, but for one or two tiny edge apertures which are noted by PMG, this note is totally problem free.
From The Collection of a Louisiana Gentleman
Virginia October 16, 1780 $500 PMG Very Fine 30. Perfectly bold signatures are seen on this mid-grade issue.
From The Collection of a Louisiana Gentleman
Virginia March 1, 1781 $150 Choice About New. The printed details remain sharp. A lone centerfold is noted on this 1781 issue, though there are splits at the top and the bottom. No uncirculated example of this denomination has passed through our auctions.
Virginia March 1, 1781 $500 Extremely Fine. This thick paper variety sustained only a few light folds, only one of which is readily visible on the face. The signatures are strong, though there is a corner nick and some weakness in the center fold that must be noted.
Virginia March 1, 1781 $500 PMG Very Fine 20 Net. This piece is printed on the much more durable thick paper. The thick paper generally features much bolder printed details as is the case here. PMG notes some splits and internal repairs.
From The Collection of a Louisiana Gentleman
Virginia March 1, 1781 $750 Extremely Fine. This piece boasts a full About New appearance, although there are a couple of folds. The face details are solid. The blank back shows a couple of archival tape repairs at the top edge.
Virginia May 7, 1781 $1500 PMG Very Fine 20 Net. The design details are solid and the paper is bright. The bottom portion of the note shows signs of professional restoration, which is mentioned by PMG.
From The Collection of a Louisiana Gentleman
Low-Grade Continentals & Colonials. The best note in this lot is a Very Fine Pennsylvania 6d dated October 25, 1775. The other three notes are low-grade examples of the Continental Congress; Connecticut; and Pennsylvania. There will be no returns on this lot for any reason.
Three Different Colonies.
Massachusetts May 5, 1780 $2 VG-Fine, HOC
New York February 16, 1771 £10 VG-Fine, repairs
Rhode Island July 2, 1780 $2 Fine.
Obsoletes By State
Eufaula, AL- Eastern Bank of Alabama $10 G10b Rosene 68-8
This is a ABNCo remainder with a dark red tint, embossing, and full margins. Classic antebellum vignettes further define this note. About Uncirculated+.
Selma, AL- Bank of Selma $10.00 Jan 1, 1862 G4a
This pleasing ABNCo note from the Deep South features riverboat and slave vignettes plus a portrait of Henry Clay. Bright Fine-Very Fine, CC.
From The Norman Collection
Fayetteville, AR- Holcomb & Barnard 50¢ Jan. 17, 1862 Rothert 198-8
This is a rare piece of scrip which is the only one we have ever had from this issuer. It is printed on tissue thin paper. The note also shows a few splits and petty holes. A stamp hinge repair is found on the back. Very Good.
East Haddam, CT- The Bank of New England at Goodspeed's Landing $1-$1-$2-$5 G16c-G16c-G18c-G22c Uncut Sheet
Paper originality and nice color are traits of this popular sheet. Choice
About Uncirculated.

New Haven, CT- The City Bank of New Haven $1 July 1, 1865 G12c
This remainder has been dated, but not signed. PMG Choice Uncirculated 64 EPQ.
New Haven, CT- The City Bank of New Haven $2 July 1, 1865 G24c
This remainder was dated and signed by the president. This bank had a long life, lasting from 1832 - 1915. PMG Choice Uncirculated 64 EPQ.
New Haven, CT- The City Bank of New Haven $50 G84c
This is a beautiful black and white remainder with a red denominational anti-counterfeiting overprint. PMG Gem Uncirculated 66 EPQ.
New London, CT- The Union Bank in New London $20 18__ G230a
The Union Bank can trace its lineage back to 1792. PMG Gem Uncirculated 66 EPQ.
Norfolk, CT- Norfolk Bank $20 G14a Remainder
This is a lovely fully red-brown tinted remainder with ample margins. Crisp Uncirculated.
Stonington, CT- Stonington Bank $3 Remainder G28a
The river boat "Plymouth Rock" is depicted in the central vignette. PMG Choice Uncirculated 64 EPQ.
Stonington, CT- Stonington Bank $5 Remainder G40
A perfectly centered example. PMG Superb Gem Unc 67 EPQ.
Washington, DC- Bullion Bank $2 Remainder G22a
This is always a popular note due to the ornate green overprint on back. This is the variety that would pay in Treasuries. PMG Choice Uncirculated 64 EPQ.
Washington, DC- Citizens Bank $2 Oct 1, 1852 G4
PMG Choice Uncirculated 64, with date and signature added fraudulently.
Washington, DC- Government Bank $5 Nov.15, 1862 G6
PMG has stated "Remainder" however there are signatures of both officers. PMG About Uncirculated 53 EPQ.
Washington, DC- Mercantile Bank $2 July 1, 1862 G4
Signed by L.E. Chittenden (spelled incorrectly on the holder) as Cashier, who would go on to become the Register of the United States Treasury from April 1861 until August of 1864. PMG Very Fine 35 EPQ.
Washington, DC- Merchants Bank $1 July 1, 1852
President Millard Fillmore is depicted at left on this PCGS Gem New 66PPQ example.
Washington, DC- Citizens Bank $1 Oct. 1, 1852 DC180, G2
This is a pleasing, signed and issue example with perfectly printed details. PMG Gem Uncirculated 65 EPQ.
Washington, DC- International Bank $5 Jan. 1, 1870
The last example of this issue that we handled was a VF-EF that sold for $402.50 way back in 2004. This piece with is a Very Good to Fine with a few pinholes. The colors are still bright.
Washington, DC- Mercantile Bank $5 186_ DC270, G6
Design elements on the face go from right to left go from red to green. An attractive issue that also has an Indian family vignette at center. PMG About Uncirculated 55 EPQ.
Washington, DC- The Merchants' Bank $5 July 1, 1852 G6
President Zachary Taylor's military portrait is found on this fraudulent issue. PMG Gem Circulated 66 EPQ.
Washington, D.C.- Merchant's Bank $1 July 1, 1852 G2
This PMG Superb Gem Unc 67 EPQ example is fully framed, and destined for someone's high end collection of Obsoletes.
Washington, D.C.- Merchants Bank $3 July 1, 1852 G4
Andrew Jackson is depicted at left on this PMG Gem Uncirculated 65 EPQ example.
Jacksonville, FL- Bank of St. Johns $5 Jany 2, 1860
Cotton Boll vignette at center on this orange overprinted note. Fine.
St. Joseph, FL- The Commercial Bank $5 May 22, 1837 G5 Freeman 4A Benice 4
This interesting post note was only payable at the Bank of the United States in Philadelphia. We have had very few of these over the years. There is a little bit of ink erosion in the president's signature. This is an example of a note with authentic bank officer signatures. It is also a sheet companion to the Benice plate note. Extremely Fine.
Tallahassee, FL- State of Florida $20 October 10, 1861 Cr. 4
A lovely, nicely centered example graded PMG About Uncirculated 55 EPQ.
Tallahassee, FL- State of Florida $1 March 1, 1863 Cr. 19
A popular issue. Very Fine.
Tallahassee, FL- State of Florida 25 Cents Feb'y 2, 1863 Cr. 24
This PMG Superb Gem Unc 67 EPQ example has also been countersigned by "A. Randolph."
Tallahassee, FL- State of Florida $1 Mar. 1, 1863 Cr. 19
A slavery vignette is found on this $1 that was once mounted with stamp hinges. Fine.
Tallahassee, FL- State of Florida $2 Mar. 1, 1863 Cr. 18
A great train vignette adorns this $2. Bright Fine, once mounted with stamp hinges.
Tallahassee, FL- State of Florida $2 Mar. 1, 1863 Cr. 18
A colorful issue despite a Very Good grade. There is a tiny internal split that is not immediately visible.
Tallahassee, FL- State of Florida $3 Mar. 1, 1863 Cr. 17
This example is bright with a few pinholes and a little edge wear. Very Fine, PC.
Tallahassee, FL- State of Florida $3 March 1, 1863 Cr. 17
This is a scarce denomination from this tough state issue. A couple of enlarged pinholes are noticed. This note was once mounted with stamp hinges. Fine.
Tallahassee, FL- State of Florida $5 Mar. 1, 1864 Cr. 34
Florida had the smallest state population in the Confederacy, hence the overall tougher state issues. Stamp hinges were used to mount this note. Fine.
Tallahassee, FL- State of Florida $50 Oct. 10, 1861 Cr. 3
This is an attractive mid-grade example of this state issue. Very Fine.
Tallahassee, FL- State of Florida $100 Oct. 10, 1861 Cr. 2
This is a bright C-note with dark ink. The extreme upper right corner is missing. Fine.
Tallahassee, FL- The Tallahassee Rail Road Company $3 Freeman 80 Benice 113
This is a scarce design. This remainder was once hinged. PMG Choice Uncirculated 64.
Athens, GA- Bank of Athens $5 18__ GA5, G4P
Four punch cancels are seen along the signature lines of this "Proof". This piece was part of the American Bank Note Archive. PMG Choice About Unc 58.
Augusta, GA- Bank of Augusta $4-$4-$4-$4 G54a-G54a-G54a-G54a Uncut Sheet
This remainder sheet had Civil War fractional notes for this bank printed on the back. Extremely Fine.
Augusta, GA- The Bank of Augusta $5-$5-$5-$5 G66-G66-G66-G66 Uncut Sheet
A semi-nude Commerce is the central vignette on these notes. The folds are between the notes. Extremely Fine.
Brunswick, GA- Brunswick & Albany Rail Rail Road Company $1 March 4, 1871
This is a colorful note that has been well preserved. PMG Gem Uncirculated 65 EPQ.
Dalton, GA- Bank of Whitfield $5 January 1, 1860 G6
A great train vignette at center. PMG Gem Uncirculated 66 EPQ.
Griffin, GA- County of Spalding $3 1862
An attractive issue with a fire fighting apparatus at center. A small hole is noted, which likely was a result of the original paper production. Choice About Uncirculated.
From The Collection of a Louisiana Gentleman
Macon, GA- Monroe Rail Road Banking Company $2 May 4, 1840
Pinholes are noted on this Fine example.
Morgan, GA- Bank of Morgan $5 May 1, 1857 G8a
Beautiful vignette of galloping horses at upper left on this PMG Gem Uncirculated 65 EPQ example.
Savannah, GA- Merchants and Planters Bank $2 June 1, 1859 G4c
Just missing being fully framed from the left. PMG Choice Uncirculated 64 EPQ.
Savannah, GA- Bank of the United States $10 Oct. 1, 1827 UNL
This "note" fits the criteria of a draft as explained in Haxby (starts off with Cashier of )and thus it is not listed in the reference. A large contemporary repair is on the back. This is believed to be a counterfeit. Very Good. There will be no returns on this lot for any reason.
La Porte, IN- The La Porte and Plymouth Plank Road Company $2 June 3, 1857 Wolka 386-4
This is a high-grade $2 with a blue trustee's stamp. PMG Gem Uncirculated 65 EPQ.
La Porte, IN- The La Porte and Plymouth Plank Road Company $1 June 3, 1857 Wolka 386-1
A trustee's stamp in blue is found on this note's face. In the 1840s, plank road building spread throughout the United States. Plank roads allowed travel at 7 to 8 mph in the summer. Lack of maintenance was the downfall of plank roads. This example is nicely margined. PMG Gem Uncirculated 66 EPQ.
LaPorte, IN- LaPorte & Plymouth Plan Road Co. $1 June 3, 1857 INW386-1
The color and paper quality on this piece are exceptional. This piece was fully signed and dated. PMG Gem Uncirculated 66 EPQ.
Michigan City, IN- Exchange Bank of A.J. Perrin & Co. $1 April 1862
Also The Michigan City and South Bend Plank Road Co. PMG Gem Uncirculated 65 EPQ.
Des Moines, IA- Des Moines Clearing House $1; $5; $10 Mar. 10, 1933 Shafer IA325-1; 5; 10
This is the first time we have had 1933 scrip on this issuer. These are priced at $40 in Unc in the 1984 Mitchell-Shafer reference. Crisp Uncirculated, roulette cancelled.
Keokuk, IA- Great Mercantile College $1000 Schingoethe UNL
A rare and very likely unique Iowa college currency item which is unlisted in the Schingoethe reference. This institution changed its name on several occasions, originally having started out life as "Baylies Mercantile College." The note is overprinted "Peirce's Mercantile College" on both the face and back. Although no mention of the Peirce Mercantile College is made in Schingoethe, a Mr. C.H. Peirce is listed as a proprietor of the Great Mercantile in 1882-83. Fine, although a corner is off and there are numerous splits and tears.
Topeka, KS- Union Military Scrip $10 June 1, 1867 Whitfield 423
This scrip is rare and especially so in high-grade. Any handling found on this note is mostly confined to the three overly abundant margins. A small slit is also found in the left margin, but this is a very attractive note with a Western Frontier vignette. Choice About Uncirculated.
Topeka, KS- Union Military Scrip $1 June 1. 1867 KSW421
A perfectly printed piece with solid margins on all but one corner. PMG Choice Uncirculated 64 EPQ, HOC.
Frankfort, KY- Farmers Bank of Kentucky $20.00 Remainder
A fully framed example printed by American Bank Note Company. Crisp Uncirculated.
Frankfort, KY- The Farmers Bank of Kentucky $20 G18a
Former Kentucky Governor John J. Crittenden and his wife plus a detailed farming vignette adorn this note. PMG About Uncirculated 55 EPQ.
Eight Fractionals on the City of Baton Rouge.
4 - City of Baton Rouge 5 Cents Dec 17, 1861 VF, VG, VG, VG w/tape repairs,
City of Baton Rouge 5 Cents June 18, 1862 Fine, stains,
3 - City of Baton Rouge 10 Cents Dec 17, 1861 VG, VG, VG tears, pieces missing, pinholes.
From The Norman Collection
City of Baton Rouge - 4 Different examples.
$1 Jan 2, 1862 Fine,
$1 June 18, 1862 w/Green Overprint VG, tears and paper pulls,
$2 June 18, 1862 w/Green Overprint VG, internal and edge tears,
$3 June 18, 1862 w/Green Overprint VG, multiple edge tears.
From The Norman Collection
90 Cents in City of Baton Rouge Notes.
City of Baton Rouge 10 Cents Dec 17, 1861 VG, internal tears,
3 - City of Baton Rouge 10 Cents June 18, 1862 VG , Fine, Fine,
2 - City of Baton Rouge 25 Cents July 18, 1862 VG major repairs, Fine.
From The Norman Collection
(Baton Rouge,) LA- State of Louisiana $5-$5-$5-$5 Series 1874 Uncut Sheet Fourteen Examples
(Baton Rouge,) LA- State of Louisiana $5-$5-$5-$5 Series 1875 Uncut Sheet Fifteen Examples.
Each "Baby Bond" has four attached coupons. The 1874 "Baby Bonds" have each note punch cancelled twice and the 1875 "Baby Bonds" are not cancelled. About Uncirculated.
Covington, LA- Parish of St. Tammany $5 July 7, 1862
This is one of the tougher parishes to find material on. In fact we have offered only a few notes over the years. Fine, with some edge wear.
New Iberia, LA- J.J. Mistrot & Co. $2 March 1, 1862
Multiple edge splits, along with a repair at top right are noted on this seldom seen issuer. Very Good.
From The Norman Collection
New Orleans, LA- Canal Bank $100-$100-$100-$100 G60a-G60a-G60a Uncut Sheet
We have offered very few sheets on this bank over the years. This is the design with the center dock scene vignette. Choice Crisp Uncirculated.
New Orleans, LA- Canal Bank $20-$20-$20-$20 G36a-G36a-G36a-G36a Uncut Sheet
This is a nicely preserved sheet of the mermaid and merman design. Choice Crisp Uncirculated.
New Orleans, LA- Canal Bank $500 G70a
A decollete maiden plays coyly with her hair as ships of the 1850s ply the high seas on this exquisite D-note remainder. PMG Gem Uncirculated 66 EPQ.
New Orleans, LA- Canal Bank $500 Remainder G70a
A vertical fold at left keeps this fully framed example from choice. About Uncirculated.
New Orleans, LA- Canal Bank $1000 G80a
This is the highest denomination issued by this bank. This remainder exhibits natural paper wave. Choice Crisp Uncirculated.
New Orleans, LA- Canal Bank $1000 18__ LA105, G80a
An attractive example of this high denomination. PMG About Uncirculated 55.
New Orleans, LA- Canal Bank $1000 Remainder G80a
This would make a great match with the earlier $500. Extremely Fine.
New Orleans, LA- The Citizens Bank of Louisiana $100-$100-$100-$100 G46b-G46b-G46b Uncut Sheet
This is a well centered sheet within four wide margins and it is of the multicolored, bilingual note variety. We have seen far fewer of these on this bank than the decollete maiden and Andrew Jackson $100 note sheets. Choice Crisp Uncirculated.
City of New Orleans Notes.
City of New Orleans 25 Cents (2) - Oct 24, 1862 written VG, and printed VG,
City of New Orleans 50 Cents Oct 21, 1862, Fine,
Municipality No. One $2 Oct 3, 1837 VG tape repairs,
Municipality No. One $20 1842 Remainder XF,
Municipality No. One $50 (3) Remainders VG taped, VG splits, VG stained,
Municipality No. One $100 Remainder XF, pinholes,
Municipality No. One $200 Remainder AU,
Municipality No. Two May 11, 1841 Draft for $500 Fine, ink erosion.
From The Norman Collection
New Orleans, LA- Howard Association $5 circa 1855
We have seen only two of these relief tickets over the years with this being the first example of the $5 denomination. The Howard Association was a benevolent organization founded in 1855 in Norfolk, Virginia to combat the 1855 Yellow Fever epidemic. It was the strongest in Virginia and the Gulf Coast. Fine, with top edge wear.
New Orleans, LA- Bank of Louisiana $500 Remainder G28a
A low grade remainder, with internal splits and edge roughness, but still a $500. Good-Very Good. From The Norman Collection
New Orleans, LA- Municipality No. One $500 Jan 21, 1843
A rare example fully issued, as this is typically seen as a remainder. A couple of pinholes are noted on this Very Fine example.
From The Norman Collection
New Orleans, LA- The Bank of the United States $50 1821 C240
This is a tougher contemporary counterfeit payable at the bank's New Orleans branch. Pieces are missing from the left and right edges. Fair.
From The Norman Collection
Opelousas, LA- Town of Opelousas (2) 5 Cents April 21, 1862
A pair of 5 Cents notes, each with a different typeset and outside border. One example is on extremely thin paper that is beginning to separate, graded VG-Fine, the other example grading Fine with pinholes.
From The Norman Collection
Shreveport, LA- State of Louisiana $20 Mar. 10, 1863 Cr. 13
This $20 depicts New Orleans native and Confederate General P.G.T. Beauregard. This remainder has a broad corner fold and it was once mounted with stamp hinges. About Uncirculated.
Three Louisiana Obsoletes.
New Orleans, LA- Bank of Commerce $1 Mar. 5, 1862 G42a Choice CU
Shreveport, LA- The State of Louisiana $20 Mar. 10, 1863 Cr. 13 XF
Vidalia, LA- The Parish of Concordia $20 Dec. 1, 1862 XF-AU.
Louisiana Towns and Corporations.
Various towns and corporations represented each note with some damage:
Town of Jackson 25 Cents Feb 5, 1862 pieces missing and tape repairs,
Corporation of St. Martinsville 50 Cents March 5, 1862 tears
Corporation of St. Martinsville $1 March 5, 1862 missing corner,
Town of Opelousas 10 Cents Oct 4, 1862 edge tears,
Corporation of Plaquemine 10 Cents March 1, 1862 tears and missing pieces,
Corporation of Plaquemine 5 Cents March 1, 1862 pinholes,
City of Shreveport 10 Cents June 10, 1862 tears and left side missing,
Corporation of Vermillionville 5 Cents Aug 2, 1862 holes, tape, and stains.
There will be no returns on this lot.
From The Norman Collection
Searsport, ME- Searsport Bank $3 18__
An attractive $3 issue with jumbo margins. The as made ink smear in the bottom margin does not hinder the grade. PCGS Superb Gem New 67PPQ.
Searsport, ME- Searsport Bank $3 1860__ ME540, G6a
A thin, but even margin frames this colorful remainder. The only thing that separates this piece from an EPQ designation is a hinge that is noted by PMG. PMG Choice Uncirculated 64.
Searsport, ME- Searsport Bank $5 G8c
This note has nice, even margins. This is a denomination we have seen only a couple of times on this bank. PMG Gem Uncirculated 66 EPQ.
Cumberland, MD- Allegany County Bank $2 June 1, 1861 G4a
Ladder serial number 567 is noticed on this PMG Gem Uncirculated 65 EPQ example with an ornate green overprint on back.
Cumberland, MD- Allegany County Bank $2 June 1, 1861 G4
This Deuce carries two classic vignettes in Obsoletes - Boy and Horse at Stream and the Calmady Girls. PMG Choice Uncirculated 64 EPQ.
Cumberland, MD- Allegany County Bank $5 Nov. 7, 1862 G6d Shank 30.2.9 VF
This is a delightful ABNCo note. PMG Choice Uncirculated 64.
Cumberland, MD- Allegany County Bank $5; $10 1861-62 G6d; G8b Shank 30.2.9; 30.2.10
The $5 grades Choice AU and the $10 grades AU, once mounted with stamp hinges and a spot in the back upper left corner.
Cumberland, MD- Allegany County Bank $5 Proprietary Proof G6bPP
A pretty light green overprint. PMG Choice About Unc 58 EPQ.
Greensborough, MD- The Farmers and Merchants Bank $2 Aug. 15, 1862 G4a
This is an attractive note with detailed vignettes. The town name is misspelled on the note's label. PMG Choice Uncirculated 64 EPQ.
Boston, (MA)- Robt. & Geo. R. Brine $1 Commission Scrip
This is only the second time we have handled an example of this neat full-size piece of commission scrip issued by the Brine Brothers of Boston's Washington Street. The back is in both English and German. Very Fine.
Provincetown, MA- Provincetown Bank 5¢, 10¢, 25¢, 50¢ November 28, 1862
This octet of notes contains one Crisp Uncirculated, and one Very Fine for each of the denominations listed. The VF pieces each feature a signature, though lack a serial number and thus are also remainders.
Ann Arbor, MI- Millers Bank of Washtenaw $3 Remainder G6
Nice central vignette of an eagle. PMG Superb Gem Unc 67 EPQ.
Ann Arbor, MI- Bank of Washtenaw $5 May 1, 1854 G44b
This note has a central vignette that was used on several notes during the Obsolete era. The assistant cashier signed this note. PMG Gem Uncirculated 65 EPQ.
Ann Arbor, MI- Bank of Washtenaw $5 18__ G14
This PMG Superb Gem Unc 67 EPQ example is from the 1830's.
Barry, MI- The Farmers Bank of Sandstone $5 Jan. 8, 1838 G8
This wildcat bank opened in 1837 and closed in 1838. Very Fine+.
Centerville, MI- The St. Joseph County Bank $5 Dec. 26, 1837 G8
This is a scarce note with sound edges. Very Fine+.
Detroit, MI- The State Bank of Michigan $1 G2a Lee 1
This is a scarce ABNCo remainder utilizing the effective Lyman Protector method to combat counterfeiting. PMG Choice Uncirculated 64 EPQ.
Detroit, MI- The State Bank of Michigan $2 G4a
A great frontier vignette is found on this ABNCo remainder that is without signatures. PMG Choice Uncirculated 64.
Detroit, MI- The State Bank of Michigan $2 G4a Lee 2
This is a rare note from this issue that has been dated and signed. PMG Choice Extremely Fine 45.
Detroit, MI- State Bank of Michigan $3 18__
A colorful and perfectly printed piece. PCGS Superb Gem New 67PPQ.
Detroit, MI- The State Bank of Michigan $3 Nov. 2, 1859 G6a Lee 3
This $3 has been dated and signed. These are usually found as remainders. PMG About Uncirculated 55.
Detroit, MI- The State Bank of Michigan $5 G8a Lee 4
This $5 has been dated and signed. PMG About Uncirculated 50.
Detroit, MI- The State Bank of Michigan $1; $3; $5 G2a; G6a; G8a Lee 1; 3; 4
This bank was in business from 1859 - 1864. In 1864 this bank became the First National Bank of Detroit, charter number 97. The $1 grades PMG About Uncirculated 53 EPQ; the $3 grades PMG About Uncirculated 55 EPQ; and the $5 grades PMG Choice Uncirculated 63 EPQ.
Jacksonburgh, MI- The Jackson County Bank $5 Nov. 15 1837
A bare-breasted Minerva is the center vignette on this $5. Very Fine.
Kensington, MI- Bank of Kensington $5 Jan. 4, 1838 G8
This is a lovely signed and issued example of this very scarce note. Very Fine.
La Grange, MI- The Cass County Bank $1 UNL Lee 1
Broad margins surround this deeply embossed $1. PMG Superb Gem Unc 67 EPQ.
La Grange, MI- The Cass County Bank $3 UNL Lee 2
The label mentions "great margins," besides EPQ on this embossed $3. PMG Superb Gem Unc 67 EPQ.
La Grange, MI- The Cass County Bank $3 UNL Lee 2
This note has extensive natural paper ripple. PMG Gem Uncirculated 66 EPQ.
La Grange, MI- The Cass County Bank $5-$3-$1 UNL-UNL-UNL Lee 3-2-1 Uncut Sheet
This bank is unlisted in both Bowen and Haxby and it was unknown until a small group of notes turned up several years ago. Still this is only the second time for us to offer a sheet on this bank. This is all three denominations known on the bank. PMG Gem Uncirculated 65 EPQ.
Marshall, MI- The Bank of Michigan $1 G2 Lee 1
This black and white remainder is well preserved. PMG Choice Uncirculated 64.
Marshall, MI- Bank of Michigan $1-3 G2-G4 Lee 1-2 Uncut Sheet
This two-subject sheet has a fold between the notes and a broad corner fold. Extremely Fine-About Uncirculated.
Marshall, MI- The Bank of Michigan $3 G4
This is well preserved remainder with detailed vignettes. PMG Gem Uncirculated 65 EPQ.
Marshall, MI- Bank of Michigan $10 Remainder G8
A fully framed example, graded PMG Gem Uncirculated 66 EPQ.
Marshall, MI- Bank of Michigan $10 Jan. 1, 1862 G8
The Signing of the Declaration of Independence painting by Trumbull is found on this handsome black and white remainder. Choice Crisp Uncirculated.
Monroe, MI - The Merchants & Mechanics Bank $5 G14
Lovely paper surfaces adorn this $5. PMG Gem Uncirculated 66 EPQ.
Monroe, MI- River Raisin & Lake Erie RR Co. $1 August 1863 G14a
Nice green overprint on back, printed by George Baldwin of New York. PMG Gem Uncirculated 66 EPQ.
Singapore, MI- Bank of Singapore $2 Dec. 25, 1837 G4
Notes on this bank are seldom seen. This example has nice edges and paper for the grade. The ghost town of Singapore has been covered up by the shifting sand dunes of Lake Michigan. Fine.
St. Paul, MN- Dayton Bank $5 Remainder G6a
Fully framed example printed by Danforth, Wright & Co. of New York. PMG Gem Uncirculated 66 EPQ.
Jackson, MS- The State of Mississippi Cotton Pledged $20 May 1, 1862 Cr. 16
This is the green undertint variety. PMG Very Fine 20.
(Jackson, MS)- The State of Mississippi Faith Pledged $50 Nov. 1, 1862 Cr. 33
This is a well embossed example of the red overprint variety. PMG Very Fine 30.
(Jefferson City), MO- Missouri Defence Bonds $1-$1-$1-$3 Cr. 18A-18A-18A-17A Uncut Sheet
We have had very few defence bond sheets over the years. The first note shows a little handling that includes a missing upper right corner tip and small amount of paper loss along the right edge. About Uncirculated.
Jefferson City, MO- State of Missouri $20 Jan. 1, 1862 Cr. 1
This may be the finest example of this $20 issue that we've handled. PMG Choice Uncirculated 64.
Jefferson City, MO- State of Missouri $2 Jan 1, 1864 Cr. 10c
PMG Choice Uncirculated 64 EPQ.
Jefferson City, MO- Missouri Defence Bond $4.50 Remainder Cr. 15
PMG Choice Uncirculated 64 EPQ.
De Soto, NE- Bank of De Soto $3 October 1, 1863 G6c
A semi-nude Ceres is found on this note from territorial days. PMG Choice Uncirculated 64 EPQ.
De Soto, NE- Bank of De Soto $2 Oct. 1, 1863 NE25, G4a
This boldly signed issue displays strong remaining color. About a month ago, an EF-AU graded $3 example sold for $161. PMG Choice About Unc 58.
Florence, NE- Bank of Florence $1 1850__ NE40, G2a
The embossing on this note is easily seen in the holder. PMG Gem Uncirculated 66 EPQ.
Florence, NE- Bank of Florence $2 18__ NE40, G4a
The paper quality is most pleasing. PMG Gem Uncirculated 66 EPQ.
Florence, NE- Bank of Florence $3 18__ NE40, G6a
The design elements are as bold as one will find for the issue. PMG Gem Uncirculated 66 EPQ.
Omaha, NE- City of Omaha $1 Nov. 15, 1857
This fully is a fully signed note. PMG Choice Uncirculated 64 EPQ.
Omaha City, NE- The Western Exchange Fire & Marine Insurance Co. deposited by Bishop Hill Colony $1 Nov. 2, 1857
This remainder sports strong embossing that leads to the EPQ grade modifier. PMG Gem Uncirculated 66 EPQ.
Omaha City, NE- The Western Exchange Fire & Marine Insurance Co. deposited by Bishop Hill Colony $2 Nov. 2, 1857
This is a nicely margined $2 with a vanishing West vignette. PMG Superb Gem Unc 67 EPQ.
Omaha City, NE- Western Exchange Fire & Marine Insurance Co. $2 Nov. 2, 1857 NEW206, MC4
Nice even margins frame this original note. PMG Gem Uncirculated 65 EPQ.
Omaha City, NE- Western Exchange Fire & Marine Insurance Co. $3 Nov. 2, 1857 NEW211, MC6
This piece is the sheet mate to the three dollar also offered here. PMG Gem Uncirculated 65 EPQ.
Omaha City, NE- The Western Exchange Fire & Marine Insurance Co. deposited by Bishop Hill Colony $5 Nov. 2, 1857
Extreme care has kept this $5 at the gem grade level. PMG Superb Gem Unc 67 EPQ.
Omaha City, NE- The Western Exchange Fire & Marine Insurance Co. deposited by Bishop Hill Colony $5 Nov. 2, 1857
The Bishop Hill Colony began to be called the "Bishop Hell Colony" due to dissension by many of the colonists. This is a remainder. PMG Gem Uncirculated 65 EPQ.
Carson City, NV- The Carson City Savings Bank Uncut Sheet of Four Certificate of Deposits
Western states are scarce when it comes to paper collectibles. These checks from the 1880s have a vignette of an 1870 $10 Eagle gold coin. Choice Crisp Uncirculated.
Farmington, NH- The Farmington Bank $2-$1 G4a-G2a Uncut Sheet
Embossing is strong behind the left-hand vignettes of this toned sheet. A small patch of tape residue is found in each back corner while the bottom left and right corners also have a tiny hole. Crisp Uncirculated.
From The Collection of Albert Rollins
Farmington, NH- The Farmington Bank $2-$1 G4a-G2a Uncut Sheet
This uncut pair exhibits nice colors. The lower left and right corners have enlarged pinholes. Choice Crisp Uncirculated.
Farmington, NH- The Farmington Bank $2 G4b
This remainder has one of the highest third-party grades for any Obsolete. PMG Superb Gem Unc 67 EPQ.
Rollinsford, NH- The Salmon Falls Bank $5 G14a
The third-party grade confirms that this is a well cared for note. PMG Superb Gem Unc 67.
Bordentown, NJ- The Bordentown Banking Co. $10 G20a Wait UNL
This is only the third time that we have been able to offer this denomination on this scarce bank. This well preserved ABNCo remainder exhibits nice centering. Wait does not list the ABNCo imprint with this design. PMG Superb Gem Unc 67 EPQ.
Egg Harbor City, NJ- Egg Harbor Bank $5 July 1, 1866 G6b
A pretty note printed by the American Bank Note Company. PMG Gem Uncirculated 65 EPQ.
Egg Harbor City, NJ- The Egg Harbor Bank $5 Oct. 1, 1861 G6c
This $5 has strong embossing. PMG Choice Uncirculated 63 EPQ.
Jersey City, NJ- Morris Canal & Banking Co. $2000 Wait 999
There is some archival tape on the back top margin that is reinforcing some minor splits. Very Fine.
Jersey City, NJ- Morris Canal & Banking Co $3000 Wait 1000
This scarce example is a very desirable denomination. It is likely a remainder as the paper where the signatures should reside is untouched. A partial serial number and date have been filled in some time after the note was printed, perhaps in an effort to add appeal. The paper grades Very Fine though there is tape on the right and bottom margins to reinforce minor splits.
Lambertville, NJ- New Hope Delaware Bridge Company $1 Remainder G4
A popular remainder housed in a PMG Gem Uncirculated 66 EPQ holder.
Lambertville, NJ- New Hope Delaware Bridge Company $50 Remainder G26
Vignettes of Blind Justice at left, and Cornucopia right. PMG Gem Uncirculated 66 EPQ.
Morristown, NJ- The Morris County Bank $1 G8d
This note exhibits bold embossing. PMG Gem Uncirculated 66 EPQ.
Morristown, NJ- Morris County Bank $1 Remainder G8d
The first example from this popular issue. PMG Choice Uncirculated 64 EPQ.
Morristown, NJ- Morris County Bank $2 Remainder G16d
A man is working on his lawn mower in the lower left corner, in the pre-combustion days. PMG Gem Uncirculated 66 EPQ.
Morristown, NJ- Morris County Bank $2 18__ G16d
We last offered an example of this colorful $2 at the beginning of 2006. This piece is well margined and as colorful as one will find. PMG Gem Uncirculated 66 EPQ.
Morristown, NJ- Morris County Bank $3 Remainder G26c
This is the toughest note to acquire from this series. PMG Choice Uncirculated 64 EPQ.
Morristown, NJ- Morris County Bank $5 Remainder G36a
Nineteenth century scenes are depicted on this PMG Gem Uncirculated 65 EPQ example.
Morristown, NJ- Morris County Bank $20 Remainder G56a
The green overprinted notes always have a popular following. PMG Choice Uncirculated 64 EPQ.
New Brunswick, NJ- The State Bank at New Brunswick $1 G16a
This one signature remainder grades PMG Gem Uncirculated 66 EPQ.
New Brunswick, NJ- State Bank at New Brunswick $1-$1 G16a-G16a Wait 1681-1681 Uncut Sheet
This well preserved remainder sheet is signed by the cashier. PMG Gem Uncirculated 65 EPQ.
New Brunswick, NJ- State Bank at New Brunswick $500 Remainder G84a
You can build a small collection of Obsolete $500 notes in this sale. PMG About Uncirculated 50.
Paterson, NJ- Peoples' Bank of Paterson $6 G40 Wait 1915
A bare-breasted Ceres adorns this odd denomination note. Extremely Fine.
Paterson, NJ- Peoples' Bank of Paterson $7 G42 Wait 1916
Not too many banks had this denomination printed. Extremely Fine.
Plainfield, NJ- Union County Bank $1 Sept. 12, 1859 G2a
This colorful remainder is perfectly margined and boldly printed. PMG Gem Uncirculated 66 EPQ.
Watertown, NY- Black River Bank $3 May 1, 1862
This counterfeit is known in a red or green tint. This is a green tint counterfeit. Very Fine, pinholes.
Elizabeth City, NC- The Farmers Bank of North Carolina $6 July 1, 1855 C8
Although a counterfeit of the rarer genuine note, this variety is still legitimately scarce and highly collectible. A denomination that is not often seen signed, issued, and circulated. Very Good.
Greensboro, NC- The Farmers Bank $4 G4a
This is just the second time we have had this denomination on this bank and just the first time to have this variety. PMG Very Good 10 with a tear.
Raleigh, NC- State of North Carolina Strap of (69) 5¢ notes Jany 1, 1863 Cr. 148
An interesting strap of 69 Five Cent notes, with a couple of large groupings of consecutive notes. Each note has a corner bend at minimum, so will call this entire grouping Extremely Fine.
Washington, NC- Bank of Washington $3 Remainder G4a
This is always a popular issue, due to the gorgeous red overprints. PMG Superb Gem Unc 67 EPQ.
Washington, NC- Bank of Washington $5 Remainder G12a
Gorgeous red overprints on this series of notes. PMG Superb Gem Unc 67 EPQ.
Washington, NC- The Bank of Washington $10 G16a
This was the first town in the nation to be named for George Washington. This occurred in 1775. Washington's portrait adorns this $10. PMG Gem Uncirculated EPQ.
Tiffin, OH- Bank of the Ohio Savings Institute $5 Dec. 10, 1855
This is only the fourth time that we offered a note on this bank. The people of Tiffin issued an announcement to warn the public of this "bank's" fraudulent ways. PMG Choice About Unc 58 EPQ.
Philadelphia, PA- The Commonwealth Bank $10 G10a Proof
This is a nice fully tinted Proof example. PMG Gem Uncirculated 65 EPQ, 4 POC, ex-ABNCo sale.
Philadelphia, PA- Loan Committee of the Philadelphia Banks $5000 Nov. 22, 1862
This clearing house note was issued to the Mechanics Bank. Heavy ink erosion is noticed in the pen cancel through the signatures and light ink erosion in the "Cancelled" writing. About Uncirculated.
From The Collection of a Louisiana Gentleman
Philadelphia, PA- Manual Labor Bank $20 Sept 10, 1838 G16
Signed by Simpson as Cashier and Dyatt as President. PMG Gem Uncirculated 66 EPQ.
Philadelphia, PA- Bank of the United States $20 Apr. 10, 1837
This is a counterfeit on this bank without a serial number. There are a few stamp hinge repairs to the edges plus several more nicks and splits. Extremely Fine.
Warren, PA- The Lumbermens Bank at Warren $10 April 7, 1837 G32
The "Elvis" vignette is found on this scarce note. The "Elvis" vignette is associated mostly with the Manual Labor Bank of Philadelphia. PMG Choice Extremely Fine 45 EPQ.
Pottsville, PA- The Miners Bank $1 June 11, 1841 G50
This note has natural paper ripple. PMG Gem Uncirculated 65 EPQ.
Smethport, PA- The McKean County Bank $1 G2a
This is a design we seldom see. PCGS Choice About New 58PPQ.
Smethport, PA- The McKean County Bank $5 G6a
This remainder is from the B plate position. PCGS About New 55PPQ.
Smethport, PA- The McKean County bank $5 G6a
This is an attractive remainder from the A plate position. PCGS About New 50PPQ.
Smethport, PA- The McKean County Bank $5 G6a
This remainder is from the C plate position. PCGS About New 50.
Tioga, PA- Tioga County Bank $20 G10 Hoober 401-10 Proof
This ex-ABNCo proof has a tape repair on the back and a small spot. Uncirculated, 6 POC.
Warren, PA- North Western Bank $5-$5 July 4, 1861 G10a-G10a Hoober 425-15-425-15 Uncut Sheet
This pair has been signed and numbered. It has a rich red overprint and dark black ink. The embossing is very strong. Choice Crisp Uncirculated.
Newport, RI- The New England Commercial Bank $10-$5-$5-$5 G86b-G76b-G76b-G76b Durand 632-629-629-629 Uncut Sheet
Gargantuan margins are found on this well centered remainder sheet that shows a couple of counting crinkles in the top note. Crisp Uncirculated.
Providence, RI- The Bank of America $1-$1-$1-$2 G4a-G4a-G4a-G8a Uncut Sheet
The bottom three notes are at least Choice CU while the top note received the handling of a Fine note.
Providence, RI- The Bank of America $1-$1-$1-$2 G4a-G4a-G4a-G8a Uncut Sheet
This sheet is strongly embossed with the handling concentrated on the bottom note. About Uncirculated.
Providence, RI- Bank of America $1 Remainder G4a
Printed by the National Bank Note Company. PMG Gem Uncirculated 66 EPQ.
Providence, Mount Vernon Bank $2 Nov. 22, 1858 G54a
Just missing the gem grade by a close cut at bottom left. PMG Choice Uncirculated 64 EPQ.
Warwick, RI- Warwick Bank $3 Oct 1858 G50b
Interesting to observe, and note, that the red "THREE" overprint was applied after the signatures of the officers. PMG Choice Uncirculated 64.
Warwick, RI- Warwick Bank $10 Remainder G74a
Three vignettes of 19th Century life are depicted on this PMG Gem Uncirculated 65 EPQ example.
Charleston, SC- Office of the South Carolina Rail Road $1 18__ Sheheen 663
Gem examples of this issue seem to easily surpass the $200 mark. PMG Gem Uncirculated 65 EPQ.
Charleston, SC- Office of the South Carolina Rail Road $1 18__ Sheheen 663
Each of the design elements is boldly printed. PCGS Gem New 65PPQ.
Charleston, SC- Office of the South Carolina Rail Road $2 18__ Sheheen 666
An attractive deuce with all of its original color. PMG Gem Uncirculated 65 EPQ.
Charleston, SC- Office of the South Carolina Rail Road $3 18__ Sheheen 669
This three has wonderful embossing and pleasing paper quality. PMG Gem Uncirculated 65 EPQ.
Charleston, SC- The South Carolina Rail Road $1 July 1, 1873 Sheheen 314
This note grades PMG Gem Uncirculated 66 EPQ. It is actually good for one fare of 25 miles.
Charleston, SC- The South Carolina Rail Road $2 July 1, 1873 Sheheen 316
This is a beautiful PMG Gem Uncirculated 66 EPQ note.
Charleston, SC- The South Carolina Rail Road $5 July 1, 1873 Sheheen 317
This is another denomination on this attempt by the state to issue notes. PMG Gem Uncirculated 66 EPQ.
Columbia, SC- State of South Carolina $1 March 2, 1872 Cr. 3
A nicely centered example. PCGS Superb Gem New 67PPQ.
Columbia, SC- Charlotte, Columbia and Augusta Rail Road $10 Oct. 1, 1873 S-629
This scarce, well preserved ABNCo "note" is actually for two passengers for 100 miles. PMG Choice About Unc 58 EPQ.
Columbia, SC- State of South Carolina $5-$10 Mar. 2, 1872 Sheheen 18-19 Uncut Sheet
This is a pristine pair with sharp corners, rich colors, and natural paper surfaces. PMG Gem Uncirculated 66 EPQ.
Columbia, SC- State of South Carolina $2 Mar. 2, 1872
This $2 is nicely centered within four ample margins. PCGS Gem New 65PPQ.
Columbia, SC- State of South Carolina $10 Mar. 2, 1872 Cr. 6
The vignette on this note is from a famous painting of Sergeant Jasper rescuing captives during the Revolutionary War. He is one of the few non-commissioned officers to be heralded from that conflict. PMG Gem Uncirculated 66 EPQ.
Clarksville, TN- Bank of America $5 G60 Garland 137
This is a fully orange-tinted $10 and we have offered this design only once before. This remainder was once mounted with stamp hinges. Choice Crisp Uncirculated.
Cleveland, TN- Ocoee Bank $1 Jan. 8, 1862
Graded Fine due to missing piece at top left, and tear at top right.
Lawrenceburg, TN- Lawrence Bank of Tennessee $5 18__ TN80, G8a
An attractive issue that is separated from a full CU grade by a touch of handling. PMG Choice About Unc 58 EPQ.
Lawrenceburg, TN- Lawrence Bank of Tennessee $20 Remainder G12a
Nice red tints on this seldom seen $20. PMG Choice Uncirculated 64 EPQ.
Memphis, TN- Farmers & Merchants $50 Feb. 20, 1854 TN100, G62a
Some as made paper crinkles are noted on this perfectly original piece. PMG Gem Uncirculated 65 EPQ.
Memphis, TN- Farmers & Merchants $100 Feb. 20, 1854
We have not had an example of this denomination in over two years. This piece is pleasing and problem free, save for a hinge that is noted by the grading service. PMG Choice Uncirculated 64.
Memphis, TN- The Mechanics Bank $5; $10; $10 1854 G6e; G8f; G8p
These Memphis notes were signed by the king, E.W.M. King, that is, as president. PMG Very Fine 25.
Memphis, TN- The Mechanics Bank $10 July 1, 1854 G8
This is a lovely example of this $10. PMG Choice Uncirculated 64 EPQ.
Tennessee Quartet.
Bank of Chattanooga $2 Jun 4, 1863 Fine, stained,
Bank of West Tennessee $10 Jany 1, 1851 VG, PC,
Exchange Bank of Tennessee $1 Nov 1, 18__ VG,
Exchange Bank of Tennessee $5 Nov 1, 18__ VG.
Austin, TX- Republic of Texas $2 May 1, 1841 Cr. A2 Medlar 22 Olson 753
A bright example for the grade. Fine-Very Fine, CC.
Austin, TX- Republic of Texas $3 1840 Cr. A3 Medlar 23 Olson 756
A nice Very Good-Fine example of this seldom seen denomination, cut cancelled, and having a small tear at upper left that has a small piece of tape covering to strengthen the paper.
Austin, TX- Republic of Texas $5 Aug. 30, 1839 Cr. A4 Medlar 22 Olson 759
A Very Fine example that is cut-cancelled.
Austin, TX- Republic of Texas $10 July 10, 1839 Cr. A5 Medlar 25 Olson 761
A beautiful example, housed in a PMG About Uncirculated 55 EPQ holder. Note has the typical cut cancels, and a couple of pinholes.
Austin, TX- Republic of Texas $10 Jany 15, 1840 Cr. A5 Medlar 25 Olson 761
This Very Fine-Extremely Fine example has the appearance of a much higher grade. Cut Cancelled.
Austin, TX- Republic of Texas $20 Jan 20, 1840 Cr. A6 Medlar 26 Olson 763
A nice representation, Extremely Fine, with cut cancels, and pinholes noted on left end.
Austin, TX- Republic of Texas $20 Jany 15, 1840 Cr. A6 Medlar 26 Olson 763
Someone could make a nice set out of the Republic notes offered in this session. Very Fine-Extremely Fine, CC.
Austin, TX- Republic of Texas $50 Jany 27, 1840 Cr. A7 Medlar 27 Olson 766
A nicely centered, fully framed example, ready for a high end collection. Extremely Fine, CC.
Austin, TX- Republic of Texas $50 Jan 1, 1840 Cr. A7 Medlar 27 Olson 766
A pleasing Very Fine-Extremely Fine example, with the typical cut cancels.
Austin, TX- Republic of Texas $50 Jan 1, 1840 Cr. A7 Medlar 27 Olson 766
Bold printing is noticed on both sides of this Very Fine example. Cut Cancelled.
Austin, TX- Republic of Texas $100 May 1, 1839 Cr. A8 Medlar 28 Olson 769
This fully framed Fine example has the typical cut cancels, and does have a small hole at upper right. Signed by Acting Secretary of Treasury James Webb and Mirabeau Lamar as President.
Austin, TX- Republic of Texas $100 April 26, 1839 Cr. A8 Medlar 28 Olson 769.
This Very Good-Fine example has been cancelled twice - by pen and being cut in half, BUT, is not cut cancelled as is typically seen.
Austin, TX- Texas Treasury Warrant $10 June 26, 1862 Medlar 100 Cr. 17 Olson 1810
We do not anticipate seeing this grade level achieved too many times. PMG Superb Gem Unc 67 EPQ.
Austin, TX- Treasury Warrant $5 Nov 23, 1864 Cr. 14A Medlar 127 Olson 1776
A fully framed and perfectly centered example. PMG Gem Uncirculated 66 EPQ.
Austin, TX - Treasury Warrant $50 Apr 4, 1865 Cr. UNL Medlar UNL Olson UNL
This is similar to Cr. 32A, however, "Civil" has been handwritten over Military. Issued to Harrison County, TX five days before Robert E. Lee surrendered. About Uncirculated.
Houston, TX- Government of Texas $5 Cr. H16 Medlar 59 Olson 545
A double cancelled example, having been cut out cancelled, as well as cut in half. The note has been secured together with a backing paper. Good-Very Good, COC.
Houston, TX- Government of Texas $10 Sep 1, 1838 Cr. H17 Medlar 60 Olson 550
A quite pleasing Very Fine example with the secretarial signature of Sam Houston. Cut Cancelled, and a couple of pinholes are also noted.
Houston, TX- Government of Texas $20 Cr. 19 Medlar 63 Olson 565
This PMG Very Good 10 Net example has had tape repairs placed over the cut cancels, and is noted on the holder.
Houston, TX- Government of Texas $50 July 1, 1838 Cr. H21 Medlar 67 Olson 580
Endorsement on back reads "CSW Nov 29/1845". Note also has Sam Houston signature, which was actually applied by William G. Cooke. Very Fine, CC.
Jordan's Saline, TX- R. W. Rodgers $2 (2) July 7, 1862 Medlar 2
A pair of notes from a long lost town in Van Zandt county, in what is now Grand Saline, TX. Both notes grade Extremely Fine, with one having some water damage at lower left.
From The Norman Collection
Brattleboro, VT- Windham County Bank $10 G10a Coulter 54
This is a beautiful red-tinted remainder that is well preserved. In 1864 this bank became the First National Bank of Brattleboro, charter number 470. Not a single National Bank Note has been reported on this bank, thus making collectors content with an Obsolete from this bank. Choice Crisp Uncirculated.
Brattleboro, VT- Windham County Bank $1 18__ VT40, G2a
An attractive remainder with a bold engraved "1" as a focal point of the design. PMG Choice About Unc 58.
Jamaica, VT- The West River Bank $1 G2b
The margins are solid on this remainder. At center is a cherub with an 1854 dated Liberty Silver Dollar. PMG Gem Uncirculated 66 EPQ.
Jamaica, VT- The West River Bank $5 G8b
Four well proportioned margins surround this remainder. PCGS Superb Gem New 67PPQ.
Jamaica, VT- West River Bank $5 Remainder G8b
Always a popular issue due to the cherubs playing among the dollar coins. PMG Superb Gem Unc 67 EPQ.
Sheldon, VT- Missisquoi Bank $50 Remainder G26
A seldom seen issuer, in a PMG Gem Uncirculated 65 EPQ holder.
Richmond, VA- The Bank of the Commonwealth $3 June 4, 1862 G34
This is just the second time we have handled this denomination on this bank. PMG Gem Uncirculated 65 EPQ.
Richmond, VA- Virginia Treasury Note $50 Oct 15, 1862 Cr. 7
A fully framed, issued example. PMG Choice Uncirculated 64 EPQ.
Richmond, VA- Virginia Treasury Note $50 Oct. 15, 1862 Cr. 7
Bold colors and bright remaining signatures are seen on this piece. PMG Choice About Unc 58 EPQ.
Richmond, VA- Virginia Treasury Note $50 Oct. 15, 1862 Cr. 7
A nicely printed About Uncirculated example, cut inside the frameline at left and bottom.
From The Norman Collection
Richmond, VA- Virginia Treasury Note $100 Oct. 15, 1862 Cr. 6
A single pinhole is noted, likely the reason the EPQ modifier is missing. PMG Choice Uncirculated 64.
Richmond, VA- Virginia Treasury Note $100 Oct. 15, 1862 Cr. 6
Governor Letcher is depicted at center on this PMG About Uncirculated 55 EPQ example. This note is incorrectly listed on the PMG label as a Cr. 6a, which it is not, because a Cr. 6a has a red underprint and this note has a deep orange underprint. PMG will reholder this note for no charge.
Salem, VA- County of Roanoke 70¢ Dec. 1, 1862 Cr 07-50 5F
A popular denomination with strong paper and a rather simple design. The last appearance of this note at auction garnered a price of more than $400. Very Fine-Extremely Fine.
From The Collection of a Louisiana Gentleman
Salem, VA- County of Roanoke 90¢ Dec. 1, 1862 Cr 07-66
An attractive and problem-free piece with the word NINTEY misspelled. Very Fine-Extremely Fine.
From The Collection of a Louisiana Gentleman
Milwaukee, WI- Hammersmith-Kortmeyer Co. Ad Note circa 1920s
This is one of the more elaborate ad notes that resembles a Black Eagle $1 Silver. It could also serve as stage money if need be due to the wording in the left and right panels. There is a small spot in the top margin. Choice Crisp Uncirculated.
Waupun, WI- The Corn Exchange Bank $1 G2a
This remainder gives the impression of being of a higher grade. PMG Choice About Unc 58 EPQ.
$6.75 in Obsoletes.
Augusta Insurance & Banking Co., GA 50 Cents Jan. 1, 1862 Fine,
Georgia Rail Road & Bank Co., GA 25 Cents/50 Cents May 1, 1862 VG, stained/Fine,
Union Bank, GA 25 Cents Jan. 1, 1862 VG,
Somerset & Worchester, MD $3 Nov 1, 1862 Fine,
State of Missouri, MO $2 Jan. 1, 1862 VG, edge splits,
County of Rockbridge, VA 25 Cents February 2, 1863 Fine.
Confederate Notes
T8 $50 1861 PF-2 Cr. 15/17.
This Choice About Uncirculated example is fully framed.
T8 $50 1861 PF-4 Cr. 18.
This Very Fine-Extremely Fine example has some small edge splits at top center, thus the split grade.
T8 $50 1861 PF-4 Cr. 8.
This $50 is bright and snaps to attention, while three edge tears of approximately a quarter inch are noticed. Very Fine.
XXI $20 Female Riding Deer Bogus Note.
Recent evidence of this bogus note is discussed in detail in Counterfeit Confederate Currency by George R. Tremmel. This orange overprint example has printed signatures and hand-written serial number 1999. This FRD note has back variety A. Very Fine.
T10 $10 1861.
This note apparently split along the right fold, and has been reattached with tape, as well as an additional piece of tape can be seen at center to close an internal split. We will grade this Very Good, however the note has the appearance of a higher grade.
T11 $5 1861 PF-4 Cr. 44.
A rare number any way you slice it, however, this note has seen and experienced a tremendous amount of circulation, as has split approximately 3/4 of the way across from the left. Punch cancels, along with moth holes are noted in the body, along with top and bottom edge splits. A rare note that can use some hospitalization in a paper conservatory. We will offer this note without grade, and advise that no returns will be accepted.
T13 $100 1861 PF-4 Cr. 56.
PMG Choice Uncirculated 64.
T13 $100 1861 PF-5 Cr. 57.
A nice About Uncirculated example, cut just too close at top.
From The Collection of a Louisiana Gentleman
T16 $50 1861 PF-8 Cr. 88.
This Second Series Jeff Davis $50 shows evidence of once being mounted in the corners and at bottom center. The bottom corners show slight rounding. Fine-Very Fine.
T16 $50 1861 PF-16 Cr.83.
This variety has red fiber paper and no series. Fine.
T17 $20 1861 PF-1 Cr. 99.
This Fine Three Females example still has a dark green overprint. Two punch out cancels at bottom margin.
T20 $20 1861 PF-5 State IV, Cr. 141.
This fully framed example has the left plate number at upper left wearing off due to the printing plate. Choice About Uncirculated.
T25 $10 1861 PF-2 Cr. 169.
Intense scrutiny did not come up with any pinholes, while a few minute, but not distracting, edge blemishes were noticed. Fine-Very Fine.
T26 $10 1861 PF-8 Cr. 177.
Solid red underprint, with a watermark of "CSA" in script letters, and NOT cut cancelled. PMG Very Fine 25.
T26 $10 1861 PF-8 Cr. 177.
This is the Solid Red X overprint variety. Fine-Very Fine, CC.
T26 $10 1861 PF-19 Cr. 189.
Only 300 notes of this variety, Coarse Overprint and Plain Paper, were printed. Fine, CC.
T29 $10 1861 PF-1 Cr. 237.
This is a bright, attractive Fine note that has sound edges, and is not cut-cancelled.
T31 $5 1861 PF-1 Cr. 243.
Great color on this Five Females example, 98% fully framed and with two punch out cancels at bottom. Fine, COC.
T34 $5 1861 PF-4 Cr. 264a.
This has the word "Reoeivable" misspelled at lower left. Very Good-Fine.
T39 $100 1862.
The first of a trio of "Bogus Back" notes, which are contemporary overprints added to genuine notes. This note has two Savannah interest stamps. PMG Choice About Unc 58 EPQ.
T39 $100 1862.
The second note of the trio, also a T-39, this having a red overprint. PMG About Uncirculated 58.
T39 $100 1862 PF-5 Cr. 290.
A Fine-Very Fine example, however, having the San Antonio, TX issue stamp makes this a desirable item. Note also has an offset stamp print at upper right.
From The Norman Collection
T40 $100 1862.
This is the last of the "Bogus Back" trio, with this having a "One Thousand Dollas" overprint. Yes, it is misspelled. PMG Very Fine 30.
Trio of T40's $100 1862.
Each note has a issue stamp on back, with Jackson, Montgomery, and Richmond each represented. Fine-Extremely Fine.
From The Norman Collection
Three Train Notes $100 1862.
T39 in VF with Savannah and Tallahassee issue stamps on back. Two T40's, grading Fine with Charleston stamp, and XF with Montgomery and Augusta stamps.
From The Norman Collection
T41 $100 1862 PF-23 Cr. UNL.
This has a letter "T" at the lower left of the central vignette, which was unknown to Criswell. There were an unknown number of notes issued of this variety. PCGS Gem New 65PPQ.
T41 $100 1862 PF-22 Cr. 320A.
Just missing having a full frameline, thus the Crisp Uncirculated grade. Hand issued in Jackson on January 1, 1863.
T41 $100 1862 PF-11 Cr. 319A.
This Very Fine example was reissued in San Antonio, Texas on June 4, 1863, after being originally issued in Jackson, Miss at the start of the year.
From The Norman Collection
T41 $100 1862 PF-2 Cr. 311.
A scarcer variety, having the date fully handwritten in the upper right corner. Very Fine.
From The Norman Collection
T41 $100 1862 PF-21 Cr. UNL.
Hand issued in Monroe, Louisiana on May 16, 1863. This variety is on plain paper, and has a "T" just to the left of the vignette at top. Very Fine.
From The Norman Collection
T42 $2 1862 PF-2 Cr. 335.
This Choice About Uncirculated example just misses being fully framed on the right side.
T44 $1 1862 PF-1 Cr. 339.
The first $1 note issued by the Confederacy, with a vignette of Lucy Pickens at lower right. PCGS New 62.
CT45/342 $1 1862.
Perhaps the embossing has fooled people over the years, but this counterfeit is identical to the one pictured in Tremmel's A Guide Book of Counterfeit Confederate Currency, and should be included in the one's library of CSA paper money. Extremely Fine.
T51 $20 1862 PF-11 Cr. 366.
This variety has no shading on the face of the capitol tower at top center. PMG About Uncirculated 53, with comments on back "Hinged & Water Stained".
T56 $100 1863 PF-3 Cr. 402.
This Lucy Pickens note of 1863 has been graded PMG Choice About Unc 58 EPQ. A CSA Treasury stamp is noted in the lower left corner.
T56 $100 1863.
This has the wavy line watermark with "CSA" in block letters. PMG has noted hinged on holder, as hinge marks are noticed on back at left and right. PMG About Uncirculated 55.
T57 $50 1863 PF-8 Cr 414.
PMG Choice Uncirculated 63 EPQ.
T57 $50 1863 PF-12 Cr. 415.
A gorgeous example with dark printing and fully framed. Choice Crisp Uncirculated.
T57 $50 1863 PF-14 Cr. 412.
This Crisp Uncirculated example sports serial number 62, and just misses being fully framed for the Choice grade. Note is cut cancelled.
From The Collection of a Louisiana Gentleman
T57 $50 1863 PF-14 Cr. 412.
A light corner bend keeps this beauty from choice. PCGS Choice About New 58.
T58 $20 1863 PF-28 Cr. 427.
Pleasant blue color on back. Note is cut in just a bit at right, inside of the frameline. PMG About Uncirculated 55 EPQ.
T59 $10 1863 PF-11 Cr. 429.
This PMG Choice Uncirculated 63 example has a partial CSA Treasury stamp at upper right on back.
T62 $1 1863 PF-1 Cr. 474.
Cut in on the left side prevents the choice grade, as only very little handling is noted. PMG Uncirculated 62 EPQ.
T66 $50 1864.
The back has a near complete Confederate Treasury stamp. PMG About Uncirculated 55 EPQ.
T67 $20 1864 PF-15 Cr. 515.
This is a seldom seen Orange-Red overprint variation. PMG About Uncirculated 55.
Facsimile T67 $20 1864 Ad Note.
This ad note is for Dr. Morse's Indian Root Pills of Morristown, New York. The ad on the note is printed horizontally. Very Fine with several edge tears up to approximately a half an inch in length.
Three Consecutive T68's $10 1864.
All three notes are graded by PCGS, with the middle note grading 63PPQ, and the outside notes 62PPQ.
T70 $2 1864 PF-1 Cr. 569.
This has the dark red overprint variation, which is highly sought after, in order to have a matching set with the higher denominations. Fully framed Choice Crisp Uncirculated.
Consecutive T70's $2 1864 PF-5 Cr. 567.
A consecutive pair of notes, just kept from Unc by a corner fold. Choice About Uncirculated.
$202 worth of Confederate.
T41 $100 1862 issued in Savannah Mar 30, 1863 VF,
T41 $100 1862 Interest stamps in Augusta and Tallahassee VF,
T70 $2 1864 AU.
From The Norman Collection
Miscellaneous
Two Treasury Department Forms.
This lot starts off with a four page paper money redemption form from the 1860s with the printed signatures of Spinner and McCulloch. The second form is from the Treasury Department to the National Bank of Germantown of Philadelphia in 1876. A shipment of $2000 in National Bank Notes is detailed and it has the printed signature of Treasurer of the United States A.U. Wyman.
World's Columbian Exposition Tickets Group.
This lot has an Indian ticket, two Columbus tickets, one Washington ticket, one Lincoln ticket, and two Washington tickets with the "A" overprint. All of the tickets show signs of water staining and/or toning to various degrees except for one Washington A ticket. About Uncirculated or better. There will be no returns on this lot for any reason.
Military Payment Certificates
Series 521 $5 Very Fine. The colors remain bright on this still crisp piece of MPC on a tougher denomination.
Series 591 $1 Choice New. Three even margins are noticed while the top is a bit thinner. still a lovely note which is strongly embossed.
Series 611 50¢ PMG Gem Uncirculated 66 EPQ. This is a pleasing example resembling the Peace $1 coin design.
Series 641 $10 PCGS Gem New 65PPQ. This is a colorful example that is nicely margined with all the attributes a Gem note
should possess.
Series 651 $10 PMG Gem Uncirculated 66 EPQ. This issue features several patriotic vignettes and offers dazzling color.
Series 651 $10 PCGS Gem New 65PPQ Twenty Consecutive Examples. Each of these notes is nicely margined with gorgeous colors. A wonderful group that is sure to please its new owner.
Series 692 $20 PMG About Uncirculated 55 EPQ. This note which comes from the second printing remains quite vibrant.
Canadian Currency
Toronto, ON- Colonial Bank of Canada $4 Apr. 4, 1859 Ch. # 130-10-04-08
This is always a popular denomination on this bank. Fine.
Toronto, CW- International Bank $2 September 15, 1858 380-10-10-16a
This is a crisp example that exhibits a touch of handling. One of the nicer notes we have offered from this prolific issuer. Crisp Uncirculated.
DC-8e-iii-O $1 1878.
This note is incorrectly labeled as a "M." The imprint on the back is of Ottawa, thus making it a "O." PMG Fine 15.
DC-13a $1 1898
Despite the amount of circulation displayed the countersignature is strong and the color bright. Very Good.
DC-13A $1 1897
This evenly circulated example displays some soiling and a light skin. Good-Very Good.
BC-24b $10 1937
This note is from the tougher Z-D block for the issue, but it has been wet at one time. Fine-Very Fine.
BC-27b $100 1937 Three Examples
This is a pleasing triplet of notes which are evenly circulated grading Very Good-Fine.
BC-46aS 1973 $1 Specimen
This Canadian SPECIMEN note from Set 331 carries a solid zero serial number and has been graded PMG Gem Uncirculated 66 EPQ.
BC-50aS $20 1969 Specimen
This $20 is from set 331 as most of the other notes from this SPECIMEN group.
PMG Choice About Unc 58 EPQ.
BC-51aS $50 1975 Specimen
This colorful SPECIMEN note from Set 331 is vibrantly colored. PMG Gem Uncirculated 65 EPQ.
BC-52aS $100 1975 Specimen
This is the last note in the SPECIMEN set 331 group which has been graded PMG Gem Uncirculated 66 EPQ.
BC-54aS $20 1979 Specimen
How many zeroes appear on this note? Quite a few. This pleasing $20 SPECIMEN has been awarded the grade of PMG Gem Uncirculated 66 EPQ.
World Currency
Macao Banco Nacional Ultramarino 1000 Patacas December 20, 1999 Pick 75a
This well margined note is strongly embossed and quite colorful. Gem Crisp Uncirculated.
Encased Postage
HB-6 EP-32a 3c Ayer's Cathartic Pills Extremely Fine. This is the Long Arrows variety. The case shows very little handling with medium toning. The stamp is bright and the mica is close to perfection.
HB-32 EP-34b 3¢ Ayer's Sarsaparilla - Large Ayer's About New. Original silvering highlights the letters, the stamp is reasonably bright, and the mica has only minimal disturbances. This is the much scarcer large "AYER'S" variety.
HB-49 EP-6a 1¢ Joseph L. Bates FancyGoods Very Fine. This is the variety with FancyGoods as one word. It is a quality mid-grade piece with a natural color and near perfect mica.
Ayers Cathartic Pills Silvered Shell Only. This is a silvered shell for the Short Arrows variety. Quite a bit of the silvering remains, especially on the inside. Perhaps this was at one time a piece of extra emergency coinage. There will be no returns on this lot for any reason.
HB-63 EP-38 3¢ Brown's Bronchial Troches. Fine. The mica and stamp are above average for the case. This 3¢ is rated as an R-6 by Reed, indicating 16 to 20 known.
HB-190 EP-53 3¢ North America Life Insurance Company About New. This is an example of the Straight Insurance variety. It is a beautiful piece with a lovely case, a bright stamp, and an essentially perfect mica.
Fractional Currency
Fr. 1228 5c First Issue PMG Choice About Unc 58 EPQ. PMG states, "Great Margins", now to figure out which ones they refer to...
Fr. 1229 5c First Issue PMG Choice Uncirculated 64 EPQ.
Fr. 1230 5c First Issue PMG Gem Uncirculated 66 EPQ.
Fr. 1230 5c First Issue PMG Gem Uncirculated 66 EPQ. A great note for type, with PMG comments of pencil on back.
Fr. 1230 5c First Issue PMG Gem Uncirculated 65 EPQ.
Fr. 1230 5c First Issue PMG Choice Uncirculated 64 EPQ.
Fr. 1230 5c First Issue PCGS Very Choice New 64PPQ. Needing just a bit more right margin for Gem.
Fr. 1230 5c First Issue Vertical Pair PMG Choice Uncirculated 64 EPQ. These are becoming harder to find in today's market.
Fr. 1230 5c First Issue Vertical Strip of Three PMG Choice About Unc 58. This is a nicely margined strip.
Fr. 1230 5c First Issue Vertical Pair PMG About Uncirculated 55 EPQ. This is a bright, EPQ pair.
Fr. 1230 5c First Issue Vertical Pair PMG About Uncirculated 55. A second uncut pair.
Fr. 1240 10c First Issue PMG Choice Uncirculated 64 EPQ.
Fr. 1240 10c First Issue PMG Choice Uncirculated 63.
Fr. 1241 10c First Issue PMG Choice Uncirculated 63. PMG comments adhesive on back of holder, keeping note from receiving the EPQ designation.
Fr. 1241 10c First Issue PMG Choice About Unc 58.
Fr. 1242 10c First Issue PMG Choice Uncirculated 64.
Fr. 1242 10c First Issue PMG Choice Uncirculated 64. Tightness along the lower left border prevents a higher grade.
Fr. 1242 10c First Issue Vertical Pair PMG Choice About Unc 58. A nice match for the earlier pair of 1230's.
Fr. 1242 10c First Issue PMG Extremely Fine 40 EPQ. PMG has noted, "Minor Gutter Fold" on back of holder, a seldom seen error.
Fr. 1243 10c First Issue PCGS Apparent New 62. PCGS notes mounting remnants on back of this scarcer First Issue note.
Fr. 1243 10c First Issue PMG Choice About Unc 58. A much scarcer straight edge without monogram variety.
Fr. 1280 25c First Issue PMG Choice About Unc 58.
Fr. 1280 25c First Issue About New. Obviously a top note off of a sheet, this is only a bend away from Choice.
Fr. 1281 25c First Issue PMG Gem Uncirculated 65. This is an early graded item by PMG, as is missing the EPQ moniker.
Bronze Age (1970-1979)
Fr. 1310 50c First Issue PMG Choice Uncirculated 64. A nicely centered example.
Fractional Currency
Fr. 1311 50c First Issue PCGS Choice About New 55. Great color with a double corner fold.
Fr. 1312 50c First Issue PMG Choice Uncirculated 64 EPQ.
Fr. 1312 50c First Issue PMG Choice Uncirculated 64. Nice dark printing on both sides of this Fifty Cent example.
Fr. 1312 50c First Issue PCGS Choice New 63PPQ. Just a bit more top margin would have qualified for a higher grade.
Fr. 1313 50c First Issue PMG About Uncirculated 53 Net. PMG has noted corners replaced, which is the reason for the Net grade.
Fr. 1232 5c Second Issue PMG Choice Uncirculated 64 EPQ. Plate 78 is noticed on back at lower left.
Fr. 1232 5c Second Issue Vertical Pair PMG About Uncirculated 50 EPQ. The bronze ovals are neatly placed over the portraits on this nicely margined pair.
Fr. 1233 5c Second Issue Vertical Pair PMG Choice Extremely Fine 45 EPQ. This pair has bountiful margins.
Fr. 1235 5c Second Issue PMG About Uncirculated 55. A nice example of this scarce type.
Fr. 1244 10c Second Issue PMG Gem Uncirculated 65 EPQ. Few examples of this issue show margins of this size. Add perfect front to back centering for a pleasing Gem appearance.
Fr. 1245 10c Second Issue PMG Choice Uncirculated 63. PMG notes paper pulls on back, thus preventing the EPQ designation.
Fr. 1246 10c Second Issue PMG Choice Uncirculated 64 EPQ. Just missing the Gem grade by a thin right margin. The top of a plate number is noticed at lower right on back.
Fr. 1246 10c Second Issue Horizontal Strip of Two PMG Uncirculated 62. Staining is noted on the back of the holder. It has been over three years since we have offered a horizontal strip on this Friedberg number.
Fr. 1283 25c Second Issue PMG Choice Uncirculated 64 EPQ. Good colors are a highlight. For accuracy, there is a "38" written in pencil on back at upper right.
Fr. 1283 25c Second Issue PMG Choice Uncirculated 63 EPQ. Bronzing is perfectly centered over Washington.
Fr. 1283spnmf 25c Experimental Second Issue PMG Gem Uncirculated 65 EPQ. A gorgeous example of this, the most common experimental note for collectors. Punch cancelled as usual.
Fr. 1283spnmf 25c Experimental Second Issue PCGS Very Choice New 64PPQ. A second one to choose from this in a PCGS 64PPQ holder.
Fr. 1285 25c Second Issue PMG Choice Uncirculated 64. This is a very nice example with surcharges of "18-63" and "A".
Fr. 1286 25c Second Issue PMG Choice Uncirculated 63. A bright and colorful representation.
Fr. 1290 25c Second Issue PMG About Uncirculated 53 EPQ. A nice fiber paper example.
Fr. 1316 50c Second Issue PCGS Choice New 63PPQ. Dark red printing on back on this nicely centered example.
50c Second Issue Counterfeit Experimental Very Fine. Considered for decades to be genuine Experimental pieces, these bronze-only 50¢ Experimentals have definitively been demonstrated to be counterfeits. In the 1970s, the number of pieces with this same corner surcharge showed up with their full counterfeit engraving. The corner surcharges on these notes are 18 and an inverted 39, which appears as a 63. Highly collectible, and very likely legal to hold.
Fr. 1318 50c Second Issue PMG Choice Uncirculated 63 EPQ. This would be a gem with even margins on the front, probably superb.
Fr. 1321 50c Second Issue PMG About Uncirculated 55 EPQ. A boldly printed example of this much scarcer Fiber Paper variety. This piece bears the R-2-18-63 surcharge, and it has earned PMG's "Exceptional Paper Quality" comment.
Fr. 1322 50c Second Issue PMG About Uncirculated 50 EPQ. Perfect centering of both the bronzing and margins on the front of this fiber paper example.
Fr. 1226 3c Third Issue PMG Gem Uncirculated 65 EPQ.
Fr. 1226 3c Third Issue PMG Gem Uncirculated 65 EPQ. A bright example.
Fr. 1226 3c Third Issue PMG Gem Uncirculated 65 EPQ. A nicely centered gem.
Fr. 1226 3c Third Issue Gem New. Wide boardwalk margins, along with plate number 15 at lower left on back are definite highlights on this trifle flat example.
Fr. 1226 3c Third Issue PCGS Very Choice New 64. Nicely centered on the front, but back centering is a touch off.
Fr. 1227 3c Third Issue PMG Choice Uncirculated 64 EPQ. Centering keeps this from gem.
Fr. 1227 3c Third Issue PCGS New 62PPQ. Just missing the choice grade by a tight upper right margin.
Fr. 1236 5c Third Issue PMG Gem Uncirculated 65 EPQ. A gorgeous red back type.
Fr. 1237 5c Third Issue PMG Choice Uncirculated 64 EPQ. A partial plate letter is noted at upper right.
Fr. 1238 5c Third Issue PMG Gem Uncirculated 65 EPQ. A nice mate for the previous gem 1236.
Fr. 1238 5c Third Issue PCGS Very Choice New 64PPQ. Plate letter "8" is noted on back at lower left.
Fr. 1239 5c Third Issue PMG Choice Uncirculated 64 EPQ. Likely a gem note if the front margins were a bit more even.
Fr. 1251 10c Third Issue PMG Gem Uncirculated 65 EPQ. A boldly printed example.
Fr. 1251 10c Third Issue PMG Gem Uncirculated 65. PMG has commented "Great Colors" on back, and we concur. This also appears to be an early holder, previous to PMG placing a EPQ moniker on notes.
Fr. 1254 10c Third Issue PMG Choice About Unc 58 EPQ. This hand-signed example is nicely centered on both sides, as well as having a plate letter in the upper right corner.
Fr. 1255 10c Third Issue PMG Gem Uncirculated 66 EPQ. PMG has graded 212 Friedberg 1255's to date, with only four notes granted a higher grade than this example.
Fr. 1255 10c Third Issue PMG Choice Uncirculated 64. PMG has noted hinged on the back of the holder, thus preventing the EPQ designation.
Fr. 1255sp 10c Third Issue Narrow Margin Pair PMG Choice Uncirculated 64. The face has been graded 64 EPQ, and the back 64 with the comment "Removed From Shield".
Fr. 1272sp 15c Third Issue Narrow Margin Face PMG About Uncirculated 50. Sherman-Grant specimens are always popular.
15¢ Third Issue Wide Margin Set. Face - 1274spwmf PMG About Uncirculated 55 EPQ
Green Back - 1272spwmb PMG About Uncirculated 55 EPQ
Red Back - 1273spwmb PMG About Uncirculated 53 EPQ.
Pair of Fr. 1291spwmb 25c Third Issue PMG Choice Uncirculated 64 EPQ. One example appears to have been cut down in order to make the margins even.
Fr. 1294 25c Third Issue PMG Gem Uncirculated 65 EPQ. PMG has also noted "Great Embossing", along with the EPQ explanation.
Fr. 1294 25c Third Issue PCGS Gem New 65PPQ. Nicely centered on both sides.
Fr. 1294 25c Third Issue PMG Choice About Unc 58 EPQ. Plate number 106 is noted on back at upper right.
Pair of Fr. 1294 25c Third Issue PMG About Uncirculated 53 EPQ/PMG About Uncirculated 50. Two about uncirculated examples.
Fr. 1294spwmb 25c Third Issue PMG Gem Uncirculated 66 EPQ. PMG has not graded any notes higher than this example.
Pair of Fr. 1295 25c Third Issue PMG Choice About Unc 58 EPQ/PMG About Uncirculated 55. This is the variety with "a" on front.
Fr. 1297 25c Third Issue PMG Choice About Unc 58 EPQ. A single fold is all that separates this fiber paper example from choice.
Fr. 1298 25c Third Issue PMG About Uncirculated 50 EPQ. A nice representation for type.
Fr. 1299 25c Third Issue PMG Very Fine 20 Net. The entire upper-left corner area of the note has been replaced with part of another note. The note has some tape, a missing corner and various minor other problems. It should prove to be an inexpensive Solid Surcharge Fessenden, and it really is not all that bad looking. There is some value here.
Fr. 1326 50c Third Issue Spinner PMG Choice About Unc 58 EPQ. Corner folds keep this from choice.
Fr. 1328 50c Third Issue Spinner PMG Choice Uncirculated 64 EPQ. An excellent hand-signed example that is oh so close to gem.
Fr. 1328 50c Third Issue Spinner PCGS Choice New 63PPQ. Kept from gem by a corner fold at upper right, outside of the frameline.
Fr. 1328 50c Third Issue Spinner PMG Choice Uncirculated 63. Ink erosion is stated by PMG as reason for no EPQ.
Fr. 1331 50c Third Issue Spinner PMG Choice About Unc 58 EPQ. A single fold is noticed, along with a pinhole.
Fr. 1334 50c Third Issue Spinner PMG About Uncirculated 55.
Fr. 1335 50c Third Issue Spinner PMG About Uncirculated 55 EPQ. There is a butterfly fold error at lower right, which is why the corner printing is missing. A very interesting, and seldom seen error on Fractional.
Fr. 1335 50c Third Issue Spinner PMG About Uncirculated 55 EPQ. Plate number 35 is seen on back at lower left, just inside the fold.
Fr. 1338 50c Third Issue Spinner PMG Choice About Unc 58 EPQ. PMG notes "Great Embossing" on the holder, along with the EPQ designation on this, the scarcest of the Spinners.
Fr. 1338 50c Third Issue Spinner PMG Extremely Fine 40. A second example of the scarcest Spinner note.
Fr. 1339 50c Third Issue Spinner Type II PMG Choice Uncirculated 64 EPQ. PMG also mentions "Great Embossing" on the back of the holder on this Type II example.
Fr. 1340 50c Third Issue Spinner Type II PMG Choice About Unc 58.
Fr. 1341 50c Third Issue Spinner Type II PMG Choice About Unc 58.
Fr. 1342 50c Third Issue Spinner Type II PMG About Uncirculated 55 EPQ. A center and corner fold are what keeps this beautifully centered note from Choice.
Fr. 1343 50c Third Issue Justice PMG About Uncirculated 55 EPQ. A handsome red back Justice with much of the appearance of an uncirculated note.
Fr. 1343SP 50c Third Issue Justice PMG Choice About Unc 58.
Fr. 1347 50c Third Issue Justice PCGS Choice About New 55PPQ. Just a couple of corner folds away from choice.
Fr. 1355 50c Third Issue Justice PMG Uncirculated 62 Net. PMG notes major internal tear on holder on this uncirculated, scarce example.
Fr. 1355 50c Third Issue Justice PMG About Uncirculated 55 Net. Ink burn is noted on the holder, as the acidic ink does burn through on quite a few examples.
Fr. 1355 50c Third Issue Justice Extremely Fine. A typical ink burn is noticed in Spinners signature.
Fr. 1358 50c Third Issue Justice PMG Choice Uncirculated 63. Is that a "6" or "9" plate number in the lower left corner?
Fr. 1358 50c Third Issue Justice PMG Choice About Unc 58. PMG notes hinged on the back of the holder, and can be found at upper left.
Fr. 1362 50c Third Issue Justice PMG Choice Uncirculated 64. Plate number 50 is noted at upper left on back.
Fr. 1364 50c Third Issue Justice About New. Just a corner fold is discovered on this lightly handled note.
Fr. 1365 50c Third Issue Justice PMG Choice Uncirculated 64. PMG has to date only graded one note above this level. A scarce note in any respect.
Fr. 1365 50c Third Issue Justice PMG Extremely Fine 40. This is a lightly handled example of this popular Justice type that is of the scarcer "a" on face variety.
Fr. 1366 50c Third Issue Justice PMG Choice About Unc 58.
Fr. 1368 50c Third Issue Justice PMG Extremely Fine 40. A much tougher variety and seldom seen in any grade.
Fr. 1258 10c Fourth Issue PMG Gem Uncirculated 66 EPQ. PMG has only graded four examples at this level, with none higher. A perfect candidate for the high-end collector.
Fr. 1261 10c Fourth Issue PMG Gem Uncirculated 65 EPQ. Bright paper is noticed on this gem.
Fr. 1261 10c Fourth Issue PMG Choice Uncirculated 64 EPQ. This ten cent example needs more left margin to qualify for gem.
Fr. 1267 15c Fourth Issue PMG Choice Uncirculated 63 EPQ. Just a bit more top margin, and this beauty could make gem.
Fr. 1267 15c Fourth Issue PMG Choice About Unc 58 EPQ. The seal is nicely centered on this fifteen cent fractional.
Fr. 1269 15c Fourth Issue PMG Choice Uncirculated 64 EPQ. A very dark red seal is noted on this example.
Fr. 1271 15c Fourth Issue PMG Choice Uncirculated 64. The red seal contrasts beautifully with the blue end paper.
Fr. 1374 50c Fourth Issue Lincoln PMG Choice About Unc 58 EPQ. These are always a popular item, regardless of grade.
Fr. 1374 50c Fourth Issue Lincoln PMG About Uncirculated 53. A second example for the underbidders of the previous lot.
Fr. 1376 50c Fourth Issue Stanton PMG About Uncirculated 55 EPQ. A broad corner fold affects this Stanton note.
Fr. 1376 50c Fourth Issue Stanton About New. Only a single fold keeps this beauty from Choice.
Fr. 1265/Fr. 1266 10c Fifth Issue PMG Choice Uncirculated 64 and 64 EPQ. Both the long and short key varsities are covered here.
Pair of Fr. 1265 10c Fifth Issue PMG Choice Uncirculated 64 EPQ. A pair of long key variety notes in identical grades.
Satire Note. Fr. 1265 PMG Very Fine 20. Meredith has picked up a top hat and cigar along the way, and possibly been out in the cold, due to his red nose. These are always a popular item.
Fr. 1308 25c Fifth Issue PCGS Gem New 65PPQ. This note is superb on the front, while the back is a bit off center to attain an extra point or two.
Bronze Age (1970-1979)
Fr. 1309 25c Fifth Issue PMG Gem Uncirculated 66 EPQ. PMG has only graded five notes at a higher level that this beauty.
Fr. 1309 25c Fifth Issue PMG Gem Uncirculated 66 EPQ. We have two beautiful 66's to choose from.
Fr. 1309 25c Fifth Issue PCGS Gem New 65PPQ. Dark inks are noted on this gem example.
Fractional Currency
Fr. 1381 50c Fifth Issue PMG Gem Uncirculated 66 EPQ. Of the 200+ notes that PMG has graded for this Friedberg number, only two have been awarded a higher grade than this 66 EPQ.
Two About New 1st Issue Notes. Fr. 1242 10 Cent in AU, Fr. 1312 50 Cent in AU.
Both notes are straight edge with Monograms.
Thirty Cents in First Issue. Fr. 1230 - Straight Edge with Monogram - AU
Fr. 1281
- Straight Edge No Monogram - VF.
Spinner Official Business Envelope with Enclosed Treasury Form 1862. The Washington post marked envelope has Spinner's free frank signature and date. The enclosed Treasury form is without a written Spinner signature.
Treasury Rules for Redemption of Paper Money 1869. Treasurer of the United States F.E. Spinner's printed autograph is found on the first page and the fourth page has the printed signature of Secretary of the Treasurer H. McCulloch. Inside are the rules for redeeming United States Notes, Interest-bearing Notes, and Fractional Currency. There is an approximate 2 by one inch tear on page 3.
National Bank Notes
Eutaw, AL - $10 1929 Ty. 1 The First NB Ch. # 3931
While this Very Good-Fine example brings the small size census on this rural Greene County bank to an even two dozen, this bank does not come up that often at auction.
Gadsden, AL - $10 1902 Plain Back Fr. 626 The Gadsden NB Ch. # (S)8560
While this is a new piece to be added to the dozen large size reported on this scarce Etowah County bank, it will unfortunately have to be placed near the bottom of the census. Edge roughness and several holes are evident on this Good example.
Mobile, AL - $20 1902 Plain Back Fr. 651 The First NB Ch. # 1595
The signatures are gone and there are some instances of edge roughness on this otherwise intact Very Good Blue Seal from southern Alabama.
Montgomery, AL - $20 1929 Ty. 2 The First NB Ch. # 1814
A few pinholes are noticed on this example from Alabama's capital city. Fine.
Talladega, AL - $10 1902 Plain Back Fr. 624 The Talladega NB Ch. # 7558
The purple stamped signatures are quite legible on this well circulated Very Good-Fine example from a town that is now famous for its NASCAR races.
Arkadelphia, AR - $10 1929 Ty. 1 The Citizens NB Ch. # 10087
A tough note from the only bank chartered in this small Clark County location. Just eleven small size are reported in the census. Very Good+.
Fayetteville, AR - $5 1902 Red Seal Fr. 587 The First NB Ch. # (S)7346
This is a well circulated piece that has a few splits and some stains but it is still a Red Seal on the State of Arkansas. It is one of just four such examples known from this bank. Very Good.
Fort Smith, AR - $10 1929 Ty. 2 The City NB Ch. # 10609
This is a better type and denomination from this Sebastian County institution. The note does have a missing top layer, or lamination, of paper at lower left corner. Fine.
Mansfield, AR - $5 1929 Ty. 1 The First NB Ch. # 11195
This is one of just 10 small in the census with very few auction appearances over the years. Very Good.
Springdale, AR - $20 1929 Ty. 1 The First NB Ch. # 8763
A few pinholes are noticed on this Very Good $20 which is an addition to the Kelly census of 15 small size on the only bank in this Washington County locale.
Los Angeles, CA - $20 1902 Plain Back Fr. 659 The First NB Ch. # (P)2491
Boldly printed signatures including that of President Henry M. Robinson are found on this wonderfully original $20 that carries the scarcer first title for this bank. Very Fine-Extremely Fine.
A Pair of Ty. 2 Small Size Notes, including:
Los Angeles, CA - Security-First NB Ch. # 2491 $5 1929 Ty. 2 AU, $10 1929 Ty. 2 Choice AU.
Los Angeles, CA - $10 1902 Plain Back Fr. 625 The Merchants NB Ch. # (P)3538
This note bears the second of three titles used by this LA bank that closed its doors at the end of 1928. The purple signatures are still bold on this pleasing Very Fine-Extremely Fine that displays vibrant color.
Los Angeles, CA - $20 1902 Plain Back Fr. 651 Merchants National Trust & Savings Bank Ch. # 3538
This is the third title this bank enjoyed before bowing out on New Years' Eve 1928. The signatures are still bold on this dual bank serial number example that faces up quite nicely. Very Fine+.
Los Angeles, CA - $10 1902 Plain Back Fr. 624 The Farmers & Merchants NB Ch. # 6617
This large banking institution in LA issued more than $29 million in National Currency. While this note appears to be a bright Very Fine with decent printed signatures, repairs have been made in an attempt to fix some damage in the top margin.
Oakland, CA - $10 1902 Plain Back Fr. 635 First NB Ch. # 12665
F.B. Richardson and S.E. Biddle guided this bank from 1925 to 1934. Then it was voluntarily liquidated and absorbed by the Anglo California NB of San Francisco, charter number 9174. The engraved signatures are still bold on this Very Good example.
Redwood City, CA - $10 1929 Ty. 2 The First NB of San Mateo County Ch. # 7279
Bright white paper that is wholly original is the canvas for this lightly circulated example. Very Fine+.
Sacramento, CA - $10 1929 Ty. 1 The California NB Ch. # 8504
A most attractive example from the California capital, gem but for a slightly close bottom right margin. Choice Crisp Uncirculated.
Sacramento, CA - $10 1929 Ty. 1 The California NB Ch. # 8504
The embossing practically goes right the paper on this boldly printed example that has just picked up a couple of corner tip folds that do not touch the design. Crisp Uncirculated.
Sacramento, CA - $5 1929 Ty. 1 The Capital NB Ch. # 10107
This attractive note from California's capital city appears to have been folded in quarters and tucked away as it retains original embossing of the bank title. It's well centered, too. Very Fine-Extremely Fine.
Sacramento, CA - $5 1929 Ty. 1 The Merchants NB Ch. # 11875
This Very Good-Fine example comes from a little better Sacramento bank. Nice margins are observed all around.
San Francisco, CA - $5 1870 Fr. 1136 The First National Gold Bank Ch. # 1741
This Gold Bank Note is a low grade but presentable example from the most common issuer of this type, therefore this is an ideal representative for the budget-constrained collector. While listed in the census as Poor, what remains of the note grades at least Good, but with the edges aged, two major tape repairs, and a piece missing from the bottom margin.
From The Norman Collection
San Francisco, CA - $10 1902 Plain Back Fr. 626 The Anglo & London Paris NB Ch. # 9174
Some original embossing is still found on this bright example that retains nice color and signatures. Very Fine-Extremely Fine.
San Francisco, CA - $5 1902 Plain Back Fr. 601 The Bank of California National Assoc Ch. # 9655
Bright, white paper and original embossing are found on this pleasing Very Fine+ example that has a bold overprint.
San Francisco, CA - $20 1929 Ty. 1 Bank of America National Trust & Savings Assoc Ch. # 13044
The embossing is incredibly strong on this lightly handled Choice About Uncirculated example from this famous San Francisco bank.
San Jose, CA - $20 1929 Ty. 2 The First NB Ch. # 2158
This 1929 series note comes from an institution which issued Gold Bank Notes. While not scarce in small size, the Type Two variety from here is seldom available on the market. This example is a well margined and bright Very Fine-Extremely Fine.
San Leandro, CA - $5 1929 Ty. 1 The First NB Ch. # 13217
Although it opened in 1928, only small size notes were issued by this Bay Area bank. Bright Extremely Fine.
San Leandro, CA - $5 1929 Ty. 2 The First NB Ch. # 13217
Only small size notes were circulated from this San Leandro bank while just large size came from the other two institutions in town and both of them are difficult to locate. While this Fine-Very Fine example has been washed to reduce the impact of some rust stains, it is still the only Type Two $5 reported in the census.
Santa Ana, CA - $10 1929 Ty. 1 The First NB Ch. # 3520
Original embossing can still be found on this example from a popular California bank .Very Fine-Extremely Fine.
Ventura, CA - $5 1902 Plain Back Fr. 601 NB of Ventura Ch. # (P)9685
With the surfacing of this new example, the census has reached an even dozen notes reported on this avidly collected bank that was in existence for only eight years. The signatures are still quite bold on this Very Good piece that is missing its upper right corner.
Whittier, CA - $10 1929 Ty. 1 The Whittier National Trust & Savings Bank Ch. # 7999
A popular Los Angeles County location, this was the second of two titles under which this bank issued the 1929 series. Fine, the bank title slightly faded.
Whittier, CA - $20 1929 Ty. 1 The Whittier National Trust & Savings Bank Ch. # 7999
Another example and a different denomination from this LA County institution. Very Fine.
Woodland, CA - $20 1929 Ty. 1 Bank of Woodland National Assoc Ch. # 10878
Though it opened in 1916, this Yolo County bank chose not to issue notes until the small size era. This example is an evenly circulated Fine.
Denver, CO - $20 1929 Ty. 1 The United States NB Ch. # 7408
Bright, original paper and solid embossing are highlights of this pleasing example from a "forbidden title" bank. Choice Crisp Uncirculated.
Denver, CO - $20 1929 Ty. 1 The United States NB Ch. # 7408. Three Examples.
Nineteen of twenty national banks with "United States" in their titles issued Series 1929 notes. All three of these lightly circulated Extremely Fine examples carry that "forbidden title". They all have bright paper with plenty of original embossing.
Fort Collins, CO - $20 1929 Ty. 1 The Poudre Valley NB Ch. # 7837
The paper still snaps on this Very Good-Fine $20 that has some traces of wallet soiling. This bank is always popular in just about any format.
Longmont, CO - $10 1929 Ty. 2 FNB of Longmont Ch. # 11253
This was the second title under which this 1918 chartered institution issued, with all its 1929 series notes bearing this name. An evenly circulated Fine-Very Fine, this example is a new addition to the census of 21 small size reported.
Rocky Ford, CO - $20 1929 Ty. 1 The Rocky Ford NB Ch. # 9117
This Otero County town had two issuing banks, but the other (The First NB) is currently unreported. An evenly circulated Fine, there is an insignificant remnant of a teller stamp in the title area.
Hartford, CT - $5 1902 Plain Back Fr. 598 The First NB Ch. # (N)121
This is a nice high grade example from the state capital. The embossing is strong on this vividly colored piece that is very close to the higher of the split grade. Very Fine-Extremely Fine.
Middletown, CT - $5 1902 Plain Back Fr. 598 The Middletown NB Ch. # 1216
This Very Fine+ $5 exhibits original paper surfaces that include strong embossing. The paper is bright white, the inks are dark, and the signatures are boldly printed. Above the portrait is a little bit of paper clip rust. This note was probably paper clipped to a document for a long time which helps explain why this beautiful note is still around today.
Washington, DC - $20 1929 Ty. 1 The Riggs NB Ch. # 5046
The Riggs was known as the "Bank of the Presidents." Some teller handling is the only evidence of circulation seen through the third party holder on this bright and solidly embossed example. PMG Choice About Uncirculated 58 EPQ.
Jacksonville, FL - $10 1929 Ty. 1 The Barnett NB Ch. # 9049
This private named bank started out with humble beginnings and eventually grew into a southeast powerhouse. In 1998 it merged into the Bank of America. Fine-Very Fine.
Jacksonville, FL - $10 1929 Ty. 1 The Barnett NB Ch. # 9049
This private named bank started out with humble beginnings and eventually grew into a southeast powerhouse. In 1998 it would merge into the Bank of America. Very Good, with a half-inch tear in the top margin.
Saint Augustine, FL - $10 1902 Plain Back Fr. 625 The First NB Ch. # 3462
This St. Johns County community is the oldest continuously occupied European settlement in the United States. This solid Fine example is from the earliest chartered of the two banks to issue from here and has very nice signatures.
Canton, IL - $5 1929 Ty. 1 The Canton NB Ch. # 3593
This snappy $5 is dark and the upper right corner has a minute amount of paper missing. Very Good.
Champaign, IL - $10 1929 Ty. 1 The Champaign NB Ch. # 2829
Champaign has always been a community where the available supply is inadequate to meet demand. We sold a F-VF $10 1929 from here in May of 2002 for $529.50 and a Very Fine in our 2005 FUN Signature Sale for $1,178.75. This problem free Very Good-Fine example has the added bonus of a "radar" serial number of A001100A.
Chicago, IL - $5 1902 Plain Back Fr. 601 The Washington Park NB Ch. # 3916
Nicely applied signatures of V.R. Anderson and Isaac N. Powell add to the desirability of this $5. This bank originated in the Chicago suburb of Hyde Park, before Hyde Park was annexed by the city of Chicago. Very Good.
Chicago, IL - $5 1882 Date Back Fr. 533 The NB of the Republic Ch. # (M)4605
While not a scarce bank, this example is a better type and denomination. However, it has been washed and pressed and does have a few splits and pinholes. Very Good.
Chicago, IL - $10 1902 Plain Back Fr. 628 The NB of the Republic Ch. # 4605
In its 40-year existence from 1891 to 1931, this bank issued over $44 million in national currency. Bright surfaces remain an integral part of this PMG Extremely Fine 40 example.
Chicago, IL - $10 1902 Date Back Fr. 618 The Live Stock Exchange NB Ch. # (M)9010
This is a pleasing example from this short lived Chicago bank. Fine-Very Fine, with quite legible stamped signatures.
Chicago, IL - $5 1902 Plain Back Fr. 606 The West Side NB Ch. # 11009
The printed signatures are still quite legible on this well circulated but intact example from a popular Chicago neighborhood bank. Very Good.
Chicago, IL - $5 1902 Plain Back Fr. 609 The Lawrence Avenue NB Ch. # 12873
These neighborhood banks in Chicago have always been popular and form a nice collecting subset. From one of the scarcer banks, this example is a well circulated but intact Very Good.
Jacksonville, IL - $5 1902 Plain Back Fr. 607 The Ayers NB Ch. # (M)5763
This example is from the most obtainable of three Jacksonville national banks, yet moderately scarce in large size. The stamped signatures are still quite legible on this bright PMG Choice Very Fine 35 Blue Seal.
Knoxville, IL - $20 1902 Plain Back Fr. 650 The Farmers NB Ch. # (M)3287
A bakers dozen of large size are in the latest Track & Price census for this scarce Knox County bank and that includes this example. Very Good.
Monmouth, IL - $5 1902 Plain Back Fr. 601 The NB of Monmouth Ch. # (M)4400
The signatures are faint but legible on this example from a Warren County bank. Very Good.
Morris, IL - $10 1902 Red Seal Fr. 613 The Grundy County NB Ch. # (M)531
This is the only reported Red Seal for the bank. Nice pen signatures add to the appeal of this Very Good-Fine example.
Mount Carmel, IL - $10 1929 Ty. 2 American-First NB Ch. # 5782
This is the only reported Type Two $10 for this Wabash County issuer. A paper pull along the center fold is the only distraction. Very Good+.
Ottawa, IL - $10 1929 Ty. 1 The First NB Ch. # 1154
While not the scarcest bank, very few of the small size notes from this institution have appeared at public sale over the years. This example is the first we have been able to offer since 2000. Fine.
Paris, IL - $5 1929 Ty. 1 The Edgar County NB Ch. # 2100
Just 24 small size examples are listed in the census for this county named bank and this piece is a new addition. Very Good-Fine but peppered with numerous pinholes.
Peoria, IL - $50 1929 Ty. 1 The Commercial NB Ch. # 3296
The Commercial Merchants only issued Type 1 $50s and $100s under two different bank titles. Fine-Very Fine.
Rantoul, IL - $5 1929 Ty. 2 The First NB Ch. # 5193
Nice margins and solid embossing are seen on this pretty example from the only bank in this community. A trace of teller handling is the only thing holding this Choice Crisp Uncirculated example back from a Gem grade.
Ridgway, IL - $20 1902 Plain Back Fr. 652 The First NB Ch. # 9439
This pleasing note is one of only three known large size examples for this Gallatin County issuer that was closed by the receiver in February 1933. The president's signature is still a bit visible and the margins are problem free. Very Fine.
Savanna, IL - $10 1929 Ty. 1 The First NB Ch. # 8540
A couple of dozen small size are reported on this Carroll County bank that was closed by the receiver in January 1934. C.M. Jens replaced W.L. Sherlock as cashier while Lawrence Miles remained as president. Fine+.
Taylorville, IL - $5 1902 Plain Back Fr. 599 The Taylorville NB Ch. # 8940
Just honest wear is observed on this well circulated Plain Back from a Christian County bank. Very Good.
Wilmington, IL - $10 1902 Red Seal Fr. 613 The First NB Ch. # (M)177
Although this Will County bank survived the note issuing period, they chose to give up their circulation privileges after 1914 leaving just pocket change for today's collectors. Only six notes are currently recorded, with this Fine-Very Fine example the only Red Seal for the bank. This note was originally sold during CAA's September 2000 Cincinnati sale of Lynn Shaw's Illinois collection, realizing $7,150.
Cayuga, IN - $10 1902 Plain Back Fr. 626 The First NB Ch. # 9189
This rare note comes from a western Indiana town that saw its only national bank close its doors in 1933. While three large size are recorded in the census, only one is listed with a serial number. This evenly circulated Very Good-Fine $10 still has nice signatures and presents us with a rare opportunity to offer a large size note from this locale.
Evansville, IN - $5 1929 Ty. 2 The Citizens NB Ch. # 2188
Bold embossing highlights this well preserved Type Two $5 that is perfect for type. Choice Crisp Uncirculated.
Jeffersonville, IN - $5 1929 Ty. 1 The First NB Ch. # 956
This $5 hails from Clark County and sports a partial up ladder serial number of "456." A small red spot is found on the back. Fine.
Logansport, IN - $10 1902 Plain Back Fr. 624 The First NB Ch. # 3084
This well circulated Very Good example is complete and the signatures are still visible and the overprint bright.
New Harmony, IN - $5 1929 Ty. 1 New Harmony NB Ch. # 13542
One of the great town names found on national currency, notes from this community appeal to collectors of all stripes. This Very Good-Fine $5 is a new addition to the census and brings the total to an even dozen which is certainly not enough to go around.
Tell City, IN - $20 1902 Plain Back Fr. 659 The Tell City NB Ch. # 5756
The purple stamped signatures have just about faded on this bright Very Fine Blue Seal that is just the fourth $20 Plain Back to be reported on this Perry County bank. Based upon the census report, this piece will now be the best of that small group.
Arlington, IA - $5 1902 Plain Back Fr. 606 The American NB Ch. # (M)9664
While we have offered a few small size from this scarce Fayette County bank, this is our first opportunity to present a large size example. In fact, according to T&P, there has never been a public offering of a large size note from this bank. Just eleven notes are in the Track & Price census including this Very Good example which is missing part of its top margin. Still, it may be quite some time before another example is available.
Cedar Rapids, IA - $10 1929 Ty. 1 The Merchants NB Ch. # 2511
Even circulation is observed on this Fine $10 but there are a few minor stains.
Cedar Rapids, IA - $10 1929 Ty. 2 The Merchants NB Ch. # 2511
Just 96 Type Two $10 notes were issued by this bank. This example is a pleasing Very Fine which exhibits a few pinholes.
Dubuque, IA - $10 1902 Plain Back Fr. 624 The First NB Ch. # (M)317
The next example is a bright and crispy Very Fine-Extremely Fine that has the appearance of an even higher grade. The bold overprint certainly increases the eye appeal of this piece.
Dubuque, IA - $20 1902 Date Back Fr. 642 The First NB Ch. # (M)317
The next several lots represent a cavalcade of notes from this eastern Iowa locale. They are all nice examples and should be examined closely. The first is an evenly circulated Date Back that retains its signatures and has a vibrant overprint. Fine-Very Fine.
Dubuque, IA - $20 1902 Plain Back Fr. 650 The First NB Ch. # (M)317
Another $20 from this Mississippi River town bank, but this one is of the Plain Back variety. Certainly bright for the grade with nice signatures of H. A. Koster and W. M. Hetherington, this is a pleasing Very Fine+.
Dubuque, IA - $20 1929 Ty. 2 The First NB Ch. # 317
Moving on to the small size era, solid punch through embossing is seen on this bright About Uncirculated example that is a diagonal fold and some handling away from a much higher grade. According to Track & Price, this is by far the best small size note to be publicly offered on this bank in 15 years.
Dubuque, IA - $5 1902 Plain Back Fr. 606 The Second NB Ch. # 2327
This example is from a better Dubuque bank and carries that institution's second title. Only the $5 denomination was used for the new title until the bank was closed by the receiver in 1932. A boldly printed Very Fine+ example with bright paper, several pinholes in the portrait area must be mentioned.
Dyersville, IA - $10 1902 Plain Back Fr. 626 The First NB Ch. # (M)9555
The signatures are still strong on this bright Very Good-Fine example from the only bank in this Dubuque County community. However, there are a few spots of rust damage in the portrait area. We sold a note just slightly better in our April sale for $690.
Klemme, IA - $10 1929 Ty. 1 The First NB Ch. # 6659
Although the census discloses the existence of a fair number of notes from here, their appearances on the market are quite sporadic, indicating that the survivors are closely held. Very Good.
Logan, IA - $10 1902 Plain Back Fr. 624 The First NB Ch. # 6771
A family operated bank, this example is signed by B. J. and C. N. Wood. Fine-Very Fine, with a few small areas of margin roughness.
Osage, IA - $10 1929 Ty. 1 Osage Farmers NB Ch. # 4885
The two issuing banks in this Mitchell County town merged in 1927 creating one bank with this new title. This well circulated Very Good-Fine example does have several pinholes.
Osage, IA - $20 1929 Ty. 1 Osage Farmers NB Ch. # 4885
Two issuing banks were located in this Mitchell County town. This was the only one to prosper long enough to still be operating during the era of the 1929 Series. Fine.
Peterson, IA - $10 1929 Ty. 1 The First NB Ch. # 4601
This is an evenly circulated example from this scarce one bank town. PMG Choice Fine 15.
What Cheer, IA - $20 1929 Ty. 1 The First NB Ch. # 3192
After a 50-year existence, the receiver closed the doors of the only national bank in this popularly named town in January 1934. Only Type Ones were issued in small size and this problem free Very Fine $20 is enhanced by low serial number 46.
What Cheer, IA - $20 1929 Ty. 1 The First NB Ch. # 3192
Type Ones only in small size from this small bank that fell to the receiver in early 1934. This was the only bank in this uniquely named town and just a handful of examples are left for today's collectors. No problems are detected on this evenly circulated Very Good-Fine $20.
Attica, KS - $10 1929 Ty. 1 The First NB Ch. # 10359
This is the first time we have had the opportunity to offer a note from this obscure south central Kansas community. It is also the first small size $10 to be reported and just the fifth small size overall. Chartered in 1913, the First National had a total outstanding circulation in 1935 of just $10,000. Very Good-Fine, but there are a couple of margin tears as well a few other rough spots.
El Dorado, KS - $10 1929 Ty. 1 The Farmers & Merchants NB Ch. # 4981
While 15 small size notes are in the census, this is the first opportunity we have had to offer one of them in seven years. Even circulation and nice margins are seen on this PMG Very Fine 25 example.
Howard, KS - $5 1902 Plain Back Fr. 600 The Howard NB Ch. # (W)3794
From the second of two national banks located in this Elk County community, this example is a new addition to the census. Fine, but with a trace of edge roughness and some staining.
Independence, KS - $10 1902 Plain Back Fr. 627 The Commercial NB Ch. # 4499
This is the first time in several years we have had an opportunity to offer a note from this scarce Montgomery bank which was closed by the receiver in 1930. This example is a bright Fine-Very Fine with decent signatures and just a few light stains.
Independence, KS - $20 1902 Plain Back Fr. 658 Citizens-First NB Ch. # 4592
This hyphenated title came about in 1918 as the result of a bank merger. It was the second of three titles that would be carried by this Montgomery County charter. The signatures are still clear on this bright Very Fine $20 that has a few small, light stains towards the left margin.
Kansas City, KS - $10 1902 Plain Back Fr. 626 The Peoples NB Ch. # 9309
Nicely printed signatures of J.H. Sandell and K.L. Browne grace this Very Fine note. However, some type of residue has left a few stains on the back.
Le Roy, KS - $20 1929 Ty. 1 The First NB Ch. # 6149
Originally chartered in 1902, this Coffey County institution is still in business today. This Very Good-Fine example is bright for the grade but does have some pencil graffiti.
Lyons, KS - $10 1929 Ty. 1 The Lyons NB Ch. # 5353
A discovery piece from the much rarer of this community's two national banks that issued the 1929 Series. A well circulated but solidly intact Very Good, it is just the sixth small size note to surface on this tiny Rice County bank that closed in 1934.
Norcatur, KS - $20 1902 Plain Back Fr. 651 The First NB Ch. # 8290
This is a tough Kansas bank with only four large size notes reported in the Kelly census. Located in Decatur County, which suffered the last Indian raid in the state in 1878, the note grades Fine with decent purple signatures. Unfortunately, the lower left corner has come off but has been reattached with a piece of tape.
Wamego, KS - $10 1902 Plain Back Fr. 625 The First NB Ch. # 3434
A high grade example very likely from the group uncovered around 1970 by Doc Carter of Missouri. Pen signed About Uncirculated.
Wichita, KS - $5 1929 Ty. 2 First NB Ch. # 2782
This bank only issued $5s in Series 1929 notes. The president F.L. Carson previously served this bank as cashier. The embossing is strong on this Choice Crisp Uncirculated example that shows just a trace of handling.
Winfield, KS - $5 1902 Plain Back Fr. 601 The Cowley County NB Ch. # (W)4556
Large notes only from this scarcer family operated Winfield bank. This bright Very Good-Fine is just the tenth example to be reported.
Campbellsville, KY - $5 1929 Ty. 2 The Taylor NB Ch. # 6342
This Fine-Very Fine example from Taylor County was issued by the only National Bank in this small community. It is also the first Type Two $5 to be reported.
Harlan, KY - $10 1929 Ty. 1 The Citizens NB Ch. # 12243
Type Ones only in small size from this small bank that was closed by the receiver in 1932. With the addition of this new note, the census for this institution stands at a mere nine examples. Very Fine, but with a trace of soiling.
Lexington, KY - $50 1902 Date Back Fr. 673 The First & City NB Ch. # (S)906
A decent evenly circulated $50 Date Back which is problem free for the grade. About Fine.
Lexington, KY - $5 1929 Ty. 2 First NB & TC Ch. # 906
Embossing and original surfaces are seen through the third-party holder of this nicely margined example. PCGS Very Choice New 64PPQ.
Lexington, KY - $10 1929 Ty. 2 First NB & TC Ch. # 906
Embossing and original surfaces are seen through the third-party holder of this PMG Choice About Uncirculated 58EPQ example that has a trace of handling.
Murray, KY - $20 1929 Ty. 1 The First NB Ch. # 10779
Type Ones only in small size from the one bank in town and it was closed by the receiver just before Thanksgiving in 1933. This example is a new addition to the census and brings the total of small size reported to an even ten. Very Good-Fine but there is some fraying of the right margin as well as a bit of dirt above the portrait.
Newport, KY - $5 1929 Ty. 2 The American NB Ch. # 2726
This is the second title under which this bank issued, changing over from the understandably out of favor German National Bank early in 1918. Fine.
Nicholasville, KY - $10 1929 Ty. 1 The First NB Ch. # 1831
This institution was the only note-issuing bank in this Jessamine County locale. This well circulated Very Good example is just the sixteenth small size to be reported according to the Kelly census.
Hammond, LA - $20 1929 Ty. 1 The Citizens NB Ch. # 11977
About two dozen small size notes are known from this Tangipahoa Parish issuer and this example is a new addition to the census. Very Good-Fine, with one tiny edge nick and a pencilled number.
Lafayette, LA - $5 1929 Ty. 1 The Commercial NB Ch. # 13209
We are fortunate to offer two notes from this very scarce Lafayette bank in this sale, This problem free Fine-Very Fine example of the sole denomination issued from here is new to the census.
Lafayette, LA - $5 1929 Ty. 1 The Commercial NB Ch. # 13209
The second example from this scarce bank that we offer here is a well circulated but intact Good-Very Good. It is also a new addition to the census of a dozen notes reported from the smaller of Lafayette's two national banks.
Lake Charles, LA - $10 1929 Ty. 1 The First NB Ch. # 4154
Just even circulation is seen on this Fine example from a popularly collected location. It is a new addition to the census of about two dozen small size reported.
New Orleans, LA - $10 1902 Date Back Fr. 618 The New Hibernia NB Ch. # (S)8734
A scarce and short-lived New Orleans bank which operated under two titles before closing in 1917. This Very Good-Fine $10 carries the first title and is one of just eight notes listed in the current Kelly census. While the signatures are certainly bold, there is some edge roughness as well as several splits in the margins.
From The Norman Collection
Shreveport, LA - $10 1882 Brown Back Fr. 482 The Commercial NB Ch. # 3600
This is just the fourth Brown Back of any denomination to turn up on this Shreveport bank. While the pen signatures are still bold on this Very Good $10, it does have some edge roughness, particularly in the top margin with a missing corner, as well as numerous pinholes.
From The Norman Collection
Augusta, ME - $5 1902 Plain Back Fr. 606 First National Granite Bank Ch. # 498
A great bank title from the capital city of Maine adorns this $5. Certainly bright for the grade with wonderful signatures, the fold lines, particularly on the back, are just a bit too strong to merit the full VF grade. Fine-Very Fine.
Augusta, ME - $10 1929 Ty. 1 First National Granite Bank Ch. # 498
This Choice Crisp Uncirculated state capital note would fit well in any collection.
From The Collection of Albert Rollins
Portland, ME - $5 1902 Plain Back Fr. 598 The First NB Ch. # 221
Vibrant color and bright white paper add to the eye appeal of this note that is just a centerfold away from a CU grade. About Uncirculated.
Baltimore, MD - $5 1902 Plain Back Fr. 598 The Farmers & Merchants NB Ch. # 1337
The vibrant colors help give this attractive example of the double bank serial number variety the initial appearance of a Choice CU note. However, upon close examination, it appears a light fold has been carefully pressed out. Still, it is a gorgeous piece from this popular Baltimore bank. About Uncirculated.
Baltimore, MD - $5 1902 Plain Back Fr. 598 The Farmers & Merchants NB Ch. # 1337
This is an attractive large example that is just a very light fold or two away from an uncirculated grade. Extremely Fine-About Uncirculated.
Hagerstown, MD - $10 1902 Plain Back Fr. 635 The Nicodemus NB Ch. # 12590
We have only handled two large size examples from the this institution. Very Good-Fine, with an interesting stamped President signature(s). A noticeable spot in the portrait area, as well as a small split at top center are noted.
Easthampton, MA - $10 1929 Ty. 2 The First NB Ch. # 428
Bright white paper exemplifies this PMG Gem Unc 66 EPQ example from a bank that has supplied collectors with quality type notes for years.
Orange, MA - $10 1929 Ty. 1 The Orange NB Ch. # 2255
From the only issuer in this scarce western Massachusetts community, this is the first small size we have been privileged to offer. Very Fine.
Peabody, MA - $20 1929 Ty. 1 The Warren NB Ch. # 616
This scarce bank started in South Danvers before moving to Peabody in 1872. Just ten small size are listed in the Kelly census with this new discovery only the second of its denomination to be reported. It is an evenly circulated Very Good-Fine with a partial tellers stamp on the back.
Plymouth, MA - $10 1929 Ty. 2 The Old Colony NB Ch. # 996
A classic name appears on this wonderful historically titled institution. This example is a bright Extremely Fine+ that retains plenty of original embossing. Somewhat scarcer in small size rather than large, this is just the second Type Two $10 (and the higher grade) to be reported.
Winchendon, MA - $5 1929 Ty. 2 The First NB Ch. # 327
As is typical of many Massachusetts banks, this one chartered early and made it through the entire note issuing period. This Fine-Very Five $5 is the only example of its type and denomination to be listed in the census of this scarce institution.
Battle Creek, MI - $5 1902 Plain Back Fr. 607 The City NB Ch. # 11852
A not at all common large example from this well collected community. Very Good-Fine.
Cassopolis, MI - $5 1929 Ty. 1 The First NB Ch. # 1812
An old friend that we offered in one of our early sales back in November of 1992. It was described as Choice Crisp Uncirculated and this well embossed example still looks just as pretty.
Hancock, MI - $20 1929 Ty. 1 The First NB Ch. # 2143
This is the first time in seven years we have offered a small size note from this scarce Houghton County institution. A new addition to the census of just 16 small size, it is an evenly circulated Very Good-Fine $20 that just shows honest wear.
Ironwood, MI - $10 1902 Plain Back Fr. 626 The Gogebic NB Ch. # 9517
The purple stamped signatures are still legible on this well circulated example from a popular upper peninsula location. It is one of just seven large size in the census. Very Good.
Kalamazoo, MI - $50 1929 Ty. 1 The First NB & TC Ch. # 191
An evenly circulated example of a higher denomination which bears the second title used by this popularly collected bank. PCGS Fine 12.
Laurium, MI - $5 1902 Plain Back Fr. 600 The First NB Ch. # 8598
The surfaces remain bright and crisp on this Very Fine+ note which still retains purple stamped signatures.
Marquette, MI - $5 1929 Ty. 1 The Union NB Ch. # 12027
The last of three note issuing charters in this community, only the $5 denomination was issued for the 1929 Series by this bank. Fine, with a few faint traces of a teller stamp on the face.
Menominee, MI - $20 1929 Ty. 1 The Lumbermen's NB Ch. # 4454
This note comes from an avidly collected bank because of the occupational title. Fine-Very Fine, with most of the fold evidence on the back.
Niles, MI - $10 1929 Ty. 1 The City NB & TC Ch. # 13307
This bank holds the distinctions of being the last in the nation to issue large notes and the only one in the state to issue solely under a trust title. It printed $10 Plain Backs and Type Ones of that same denomination only before failing in September of 1933. While it was one of two banks located here, it was also the only one to survive long enough to issue the 1929 notes. Bright Very Fine+.
Romeo, MI - $20 1929 Ty. 1 The Citizens NB Ch. # 2186
Note lovers should fall in love with this note. The town acquired its name around 1830 when Mrs. Nathaniel Taylor, wife of the town's first merchant, suggested it because Romeo was "short, musical, classical, and uncommon." Very Good, with a stamped number on the right side of the face.
Duluth, MN - $10 1929 Ty. 1 The City NB Ch. # 6520
A well centered example for type from a bank which issued $10 and $20 notes only in the 1929 Series. PCGS Very Choice New 64PPQ.
Kiester, MN - $5 1929 Ty. 1 The First NB Ch. # 10603
This evenly circulated Very Good-Fine Faribault County bank will always be in demand due to its unique town nomenclature.
Mankato, MN - $10 1902 Plain Back Fr. 628 The National Citizens Bank Ch. # 4727
This Very Good example comes from the most prolific issuer of Mankato's six national banks. Several pinholes and a few edge splits are noticed but the note has avoided any major damage.
Minneapolis, MN - $10 1902 Date Back Fr. 623a The First & Security NB Ch. # (M)710
This attractive Date Back bears this bank's scarcer second title which was only in use from 1915 to 1920. Original embossing is still quite prominent on this Very Fine-Extremely Fine $10 that is close to the full XF grade. It also carries a much rarer Treasury signature combination that was the last used on Third Charter Date Backs.
Minneapolis, MN - $20 1902 Plain Back Fr. 650 The First NB Ch. # (M)710
The stamped signatures are still bold on this bright Very Fine $20 that comes from the largest national bank in town in the 1920's. There are several pinholes in the portrait area.
Sherburn, MN - $10 1902 Date Back Fr. 616 The Sherburn NB Ch. # (M)6348
This Very Good $10 is one of just seven large size notes reported on this Martin County bank. The signatures are strong, though some wallet staining is present.
Wells, MN - $20 1902 Plain Back Fr. 654 The First NB Ch. # (M)4669
The delicate pen signatures enhance the appearance of this Fine example which is the only known $20 Plain Back on this scarce large only bank that closed in 1923. One of those signatures is that of an Asst. Cashier whose first name is Grace which will appeal to the collectors of female bank officers signatures.
Columbus, MS - $10 1929 Ty. 2 The NB of Commerce Ch. # 10361
This attractive note is an old friend that we offered in our January 1999 sale. It was described then as "perfectly centered, crackling fresh, and just as nice a note as could exist from here". We certainly have no quarrel today with that assessment. Gem Crisp Uncirculated.
From The Collection of Albert Rollins
Columbus, MS - $10 1929 Ty. 2 The NB of Commerce Ch. # 10361
This attractive Mississippi $10 shows embossing. This would be a great note for a state collection. Very Choice Crisp Uncirculated.
Hattiesburg, MS - $20 1929 Ty. 1 First NB Ch. # 5176
Plenty of embossing remains on this bright Very Fine-Extremely Fine example that is one fold away from the full XF grade. It carries this Forrest County bank's third title which was used on all its small size notes.
Meridian, MS - $10 1929 Ty. 1 The Citizens NB Ch. # 7266
This Very Good note comes from a community very much identified with the Civil Rights Movement during the 1960's.
Vicksburg, MS - $20 1929 Ty. 2 The Merchants NB & TC Ch. # 3430
This bank issued all of its 1929 notes under this, its second title. A couple of erasure marks are on either side of the portrait. Very Good.
Boonville, MO - $5 1902 Plain Back Fr. 606 The Boonville NB Ch. # (M)10915
While usually quite available in small size, large examples from this scarcer Cooper County bank are more difficult to come by. The signatures are faint but legible on this bright Very Fine $5 that has one unobtrusive pinhole in the title area.
Kansas City, MO - $5 1882 Date Back Fr. 537 The New England NB Ch. # (M)5138
While the signatures are still legible, rust has left some stains behind as well as resulting in paper loss, primarily in the bottom margin. Very Good.
Kansas City, MO - $5 1902 Plain Back Fr. 601 The National Reserve Bank Ch. # (M)9677
This short lived bank was chartered in 1910 and survived only until 1920, counting 1902 Date Backs and Plain Backs as its total issue. Very Good, but with some damage in the top margin and a small hole.
Maplewood, MO - $10 1929 Ty. 1 The Citizens NB Ch. # 12955
This bright Very Fine-Extremely Fine $10 is inexplicably listed in the Kelly census as a Fine. Plenty of original embossing remains on this example from a well collected St. Louis suburb.
Maplewood, MO - $20 1929 Ty. 1 The Citizens NB Ch. # 12955
Maplewood is located just west of St. Louis and hence notes from that community are pursued quite vigorously by the many collectors of that metropolitan area. This Very Good-Fine $20 does have a partial tellers stamp on the face as well as a couple of pinholes.
Saint Joseph, MO - $10 1929 Ty. 1 The First NB Ch. # 4939
It has been a few years since we have had an opportunity to offer a small size example from this Buchanan County institution. While common in large size, this bank is rather scarce in small size with this Very Good $10 being only the eleventh note to be reported.
Saint Louis, MO - $10 1882 Brown Back Fr. 484 The NB of Commerce Ch. # 4178
This is a nice $10 mid-grade Brown Back for a type collection. It is also the variety without the geographic sort letter. PMG Fine 12.
Saint Louis, MO - $10 1882 Brown Back Fr. 484 The NB of Commerce Ch. # (M)4178
From a prolific St. Louis issuer, this Very Good note retains nice signatures but has numerous edge splits in the margins as well as a couple of rounded corners.
Saint Louis, MO - $10 1902 Plain Back Fr. 634 National City Bank Ch. #(M) 11989
This bank rode the financial wave of the Roaring Twenties, and then liquidated shortly after the Stock Market Crash of 1929. Bold signatures and good color accompany this note. Very Fine.
Wellston, MO - $20 1929 Ty. 2 The First NB Ch. # 8011
The St. Louis area collectors will definitely have an interest in this note. While not a rare bank, this Very Good-Fine $20 is just the fourth Type Two example to be reported to the census. A couple of small stains and an insignificant margin tear or two are mentioned for the sake of accuracy.
Helena, MT - $10 1902 Plain Back Fr. 633 The NB of Montana Ch. # 5671
Bold engraved signatures add to the eye appeal of this Fine $10 that has a great title layout from a capital city bank.
Nebraska City, NE - $20 1929 Ty. 1 The Otoe County NB Ch. # 1417
Curiously, this bank is much scarcer in small size than in large size. Even circulation is observed on this Fine example.
Scottsbluff, NE - $10 1929 Ty. 1 The Scottsbluff NB Ch. # 9581
Just honest circulation is seen on this Very Good-Fine example from the only small size issuer in this western Nebraska community.
Concord, NH - $10 1929 Ty. 1 The First NB Ch. # 318
Just over two dozen small size are listed in the census for the first bank to receive a national charter in this capital city. That total includes this Very Fine $10 that does have a couple of tight margins.
Concord, NH - $5 1929 Ty. 2 The National State Capital Bank Ch. # 758
This is a gorgeous example with bold embossing and decent margins from this always in demand state capital bank. New Hampshire notes are scarce as a whole, and this high grade state capital example should prove extremely popular. Very Choice Crisp Uncirculated.
From The Collection of Albert Rollins
Atlantic City, NJ - $20 1902 Plain Back Fr. 652 The Boardwalk NB Ch. # 8800
If you are going to add one Atlantic City note to your collection, this is the bank from which to acquire an example. This $20 Blue Seal, which bears a very evocative title, is a pleasing and bright Very Fine. The signatures have faded but this is typical for notes on this bank.
Newton, NJ - $20 1902 Plain Back Fr. 650 The Sussex & Merchants NB Ch. # 925
This example bears the second title used here, which appeared on large notes for only four years. Edge roughness is noted, along with a split at left and the upper left corner tip has departed. Very Good.
Salem, NJ - $20 1929 Ty. 2 The Salem NB & TC Ch. # 1326
A well circulated Very Good-Fine, this note traces its lineage back to a 1987 Hickman-Oakes sale where it realized all of $45. Expect it to realize a bit more this time.
Sussex, NJ - $10 1929 Ty. 2 The Farmers NB Ch. # 1221
This gorgeous note previously appeared in our May 1999 sale where it was described as Gem Crisp Uncirculated. With its solid embossing and bright paper, it is just as pretty this time around.
From The Collection of Albert Rollins
Trenton, NJ - $10 1902 Plain Back Fr. 624 The Mechanics NB Ch. # 1327
The stamped signatures are still legible on this evenly circulated Fine-Very Fine example that carries this bank's first title.
Albany, NY - $10 1902 Plain Back Fr. 624 The National Commercial Bank Ch. # (E)1301
This large capital city bank was located on lower State Street just a few blocks from the State Capitol Building. A small stain or two is noticed on this bright Fine-Very Fine example that has been lightly washed and pressed.
Albany, NY - $5 1902 Plain Back Fr. 598 The National Commercial Bank & TC Ch. # (E)1301
Original embossing is found on this bright capital city note that has just too many folds for the XF grade. The signatures of officers H.J. Kneip and Robert C. Pruyn are bold. Very Fine-Extremely Fine.
Cuba, NY - $10 1929 Ty. 2 The Cuba NB Ch. # 1143
This evenly circulated example is just the second note of its type and denomination to be reported on this always sought after bank. Fine.
Kinderhook, NY - $5 1929 Ty. 2 The National Union Bank Ch. # 929
Originally opened as a state bank in 1853, this institution is still in business today. Embossing is still quite in evidence on this bright Extremely Fine-About Uncirculated example of a better type and denomination.
Mount Vernon, NY - $10 1902 Plain Back Fr. 633 The First NB Ch. # 5271
This is a pleasing Fine-Very Fine example from New York's popular Westchester County. The bottom margin is tighter than we'd like to see, but the stamped signatures are quite strong and there are no pinholes.
New York, NY - $20 1882 Brown Back Fr. 496 The Gallatin NB Ch. # 1324
While the signatures are still strong, several pinholes and edge nicks are noticed on this Very Good $20 that has some PVC residue from an old holder.
New York, NY - $5 1902 Date Back Fr. 591 The American Exchange NB Ch. # (E)1394
You will find printed and engraved signatures on Series 1902 notes of this bank. There are several pinholes and a trace of wallet soiling on this Very Good-Fine example.
New York, NY - $5 1902 Red Seal Fr. 588 The National City Bank Ch. # (E)1461
The note is about as close to a "type" Red Seal as one could hope to find. The signatures are still strong on this Very Good example that has a couple of edge splits as well as numerous pinholes.
New York, NY - $5 1902 Plain Back Fr. 606 The Chase NB Ch. # 2370
A common but always popular bank, especially in large size, this gorgeous example will certainly brighten up any collection. Extremely Fine.
New York, NY - $5 1902 Date Back Fr. 592 National Copper Bank Ch. # (E)8665
Just nine notes are listed in this census for this large only bank with an unusual name. Fine.
New York, NY - $5 1902 Plain Back Fr. 606 Chatham & Phenix NB & TC Ch. # 10778
President L.G Kaufman's vanity signature is paired with more than one cashier on this bank's notes. These signatures were applied by an outside printer. Extremely Fine, with some staining on the back.
New York, NY - $5 1902 Plain Back Fr. 606 Chatham & Phenix NB & TC Ch. # 10778
President L.G Kaufman's vanity signature is paired with more than one cashier on this bank's notes. These signatures were applied by an outside printer. Very Fine-Extremely Fine, but pressed.
New York, NY - $10 1929 Ty. 2 The Jamaica NB Ch. # 12250
This is an evenly circulated example of a better type and denomination from this Queens County bank. PMG Very Fine 20.
New York, NY - $5 1902 Plain Back Fr. 609 Liberty NB Ch. # 12352
Engraved signatures are found on this Five from the first title for this bank. A couple of pinholes have developed at the juncture of the folds. Very Good.
New York, NY - $5 1902 Plain Back Fr. 609 The Seward NB Ch. # 13045
The scarcer first title, used by this bank for less than two years. It appeared in a Hickman Auctions sale in 1993 where it was described as Very Good. We concur with that assessment. The note is solid for the grade and carries dark signatures.
Red Hook, NY - $5 1902 Plain Back Fr. 598 The First NB Ch. # 752
Located at the northern end of Dutchess County in New York's Hudson Valley, this cataloger remembers having a bank account in this institution in the 1970's when it was still independently operated. This Fine example is evenly circulated with a few very minor margin splits hardly worth mentioning.
Waverly, NY - $10 1929 Ty. 1 The First NB Ch. # 297
Originally chartered in 1864, this long-lived bank located in New York's Southern Tier region succumbed to the depression in 1933. This well embossed, lightly circulated Extremely Fine-About Uncirculated example is certainly a pleasing momento of that institution.
Waverly, NY - $10 1929 Ty. 1 The Citizens NB Ch. # 12954
Unlike its counterpart in Waverly, this late-chartering institution did make it through the note issuing period. New to the census of fifteen small size, this example is an evenly circulated and problem free Very Fine.
Yonkers, NY - $5 1902 Plain Back Fr. 598 The First NB Ch. # (E)653
A Fine note from this city just north of New York City, This is the variety with both a bank and Treasury serial number.
Greensboro, NC - $10 1902 Plain Back Fr. 628 American Exchange NB Ch. # 10112
Just a few inconsequential edge nicks are noticed on this Very Good-Fine example that carries this bank's second title. Used for only six years, the bank dropped the word "The" from its title before adopting a third name in 1928.
Hickory, NC - $5 1929 Ty. 2 The First NB Ch. # 4597
While not from the scarcest bank around, this Very Good-Fine piece is only the fifth Type Two $5 to be reported from the only institution in this Catawba County community.
High Point, NC - $5 1929 Ty. 1 The Commercial NB Ch. # 4568
Although two issuers were located here, this was the only one to order the 1929 series, its competitor having closed its doors in 1907. This is a PMG Very Good 10 example from a locale closely identified with the furniture manufacturing industry.
Raleigh, NC - $5 1902 Plain Back Fr. 600 The Commercial NB Ch. # 9067
Boldly printed signatures of A.P. Bauman and B.S. Jerman are found on this state capital $5. This example is a bright Very Fine+.
Shelby, NC - $5 1902 Plain Back Fr. 598 The First NB Ch. # 6776
In spite of all its circulation, the edges are still sound, the signatures are strong and there are no pinholes to be found on this $5 Blue Seal. Good-Very Good.
Shelby, NC - $10 1929 Ty. 1 The First NB Ch. # 6776
This Very Good-Fine $10 is a new note for the census for this western North Carolina bank.
Bellaire, OH - $10 1902 Plain Back Fr. 628 The First NB Ch. # 1944
A light fold or two and some handling are all that is seen on this bright, well embossed example that retains decent stamped signatures. While about three dozen large size are reported on this Belmont County institution, this note will be just about at the top of the census. Extremely Fine-About Uncirculated.
Cambridge, OH - $10 1902 Plain Back Fr. 624 The Central NB Ch. # (M)2872
The stamped signatures are still strong on this Very Good+ example that still has a bit of snap to the paper. It is one of just a dozen large size listed in the census for this better Guernsey County bank.
Cincinnati, OH - $10 1902 Red Seal Fr. 613 The First NB Ch. # (M)24
A well circulated but intact Red Seal from this popular low charter bank. The signatures are still strong and just a few pinholes are noticed. Very Good.
Cincinnati, OH - $50 1929 Ty. 1 The First NB Ch. # 24
This is actually a very scarce high denomination example, despite coming from one of the larger issuers in the state, with the Kelly census showing just nine examples extant. Fine, with some edge splits in the foldlines and a pinhole.
Cincinnati, OH - $5 1902 Date Back Fr. 590 The Fourth NB Ch. # (M)93
This note can double in a "First 100 Charter Number Collection, " or in a "Numeric Bank Title" collection." It also has a cute radar bank serial number of 56665. Very Fine.
Cincinnati, OH - $20 1882 Brown Back Fr. 504 The Citizens NB Ch. # (M)2495
A lovely pen signed $20 Brown Back that is perfect for a mid-grade type set. Very Fine.
Cincinnati, OH - $10 1882 Date Back Fr. 545 The Citizens NB Ch. # (M)2495
This example of a better type and denomination has certainly seen better days. While the signatures are still strong, the right corner is gone and there are a few other edge nicks. Still, no pinholes are seen Very Good.
Cincinnati, OH - $5 1882 Value Back Fr. 575b The Lincoln NB Ch. # (M)2524
A very scarce number listed without prices in the current edition of Friedberg, where it is simply denoted as "Rare." This signature combination was used on Value Backs only because of a title change by this bank in January of 1918, which necessitated new plates being prepared utilizing the then current Teehee-Burke signatures. Sharp Very Fine+, with original embossing still present. We sold an example just one grade higher in April for $1,955. An opportunity for the underbidders.
Cincinnati, OH - $5 1902 Date Back Fr. 592 The Fifth-Third NB Ch. # (M)2798
Bold printed signatures add to the eye appeal of this lightly circulated note. CGA Very Fine 35.
Cincinnati, OH - $5 1902 Date Back Fr. 592 The Fifth-Third NB Ch. # (M)2798
This evenly circulated Five has the typical deep ink of the Third Charter Date Backs. The printed signatures are still bold on this Fine-Very Fine example.
Cleveland, OH - $5 1929 Ty. 2 Central United NB Ch. # 4318
From our FUN sale held in January 1999, this pretty, well embossed note was described as Gem Crisp Uncirculated. The intervening nine years have given us no reason to change that assessment.
From The Collection of Albert Rollins
Cleves, OH - $10 1929 Ty. 2 The Cleves NB Ch. # 13774
Type Twos only from this very scarce Cincinnati area bank. Very Fine, additionally enhanced by the signature of female cashier Ruth Firth.
Dayton, OH - $5 1902 Plain Back Fr. 609 The Third NB & TC Ch. # 2678
The paper appears fully uncirculated. PCGS Extremely Fine 45.
Greenfield, OH - $20 1902 Plain Back Fr. 654 The Peoples NB Ch. # 10105
A new addition to the census of just 16 large size and just the third $20 Plain Back to be reported, the signatures are still clear on this evenly circulated and problem free Very Good-Fine.
Ironton, OH - $10 1902 Plain Back Fr. 624 The First NB Ch. # 98
Plenty of grade is found on this low charter number $10 for the National collector, with this example having nice signatures. PMG Choice Extremely Fine 45.
McConnelsville, OH - $5 1929 Ty. 1 The Citizens NB Ch. # 5259
This Morgan County bank presents an unusual situation as, while 30 small size are listed in the Track & Price census, only one has ever appeared at public sale. Since it appears that many of them are tightly held, this bright Very Fine could prove to be a timely acquisition.
New Paris, OH - $20 1929 Ty. 1 The First NB Ch. # 9211
This is the first time we have had an opportunity to offer a small size example on this scarce Preble County bank since 1996. An evenly circulated Fine, it is just the eleventh note to be reported.
Norwalk, OH - $20 1929 Ty. 2 The Citizens NB Ch. # 11275
We offered this note ten years ago in our St. Louis sale where it was described as a well centered Gem Crisp Uncirculated. Based upon the huge margins and the deep original embossing, it is easy to understand that observation.
From The Collection of Albert Rollins
Painesville, OH - $10 1929 Ty. 1 The Painesville NB & TC Ch. # 13318
Less than three dozen notes are known off this Lake County institution that closed its doors in 1934. Bright Very Fine+, with plenty of original embossing still present.
Portsmouth, OH - $10 1902 Plain Back Fr. 624 The First NB Ch. # 68
It is a shame to call this gorgeous note anything less than XF, but with three light vertical folds and one equally light horizontal fold, the grading criteria must be met. Wonderful original embossing and bright paper are just some of the attributes of this high grade Blue Seal. Very Fine-Extremely Fine+.
Sabina, OH - $10 1929 Ty. 1 The First NB Ch. # 8411
This is the first time we have been privileged to offer an example from this scarce one bank town located in Clinton County. Best of all, it is an evenly circulated and bright Very Fine that is a new addition to the census of just a dozen small size.
Wilmington, OH - $10 1929 Ty. 1 The Citizens NB Ch. # 8251
From the scarcest of Wilmington's three banks, this Very Fine example brings the small size census to a scant seven notes. It is also the first public sale of any note on this Clinton County bank since we offered a Plain Back in 1995.
Davis, OK - $20 1929 Ty. 1 The First NB Ch. # 5298
This Very Good example has had some ink removed to the left of the right-hand serial number, and has a pinhole just below that serial. Just nine small size are listed in the census.
Lawton, OK - $20 1929 Ty. 2 The American NB Ch. # 12067
This is a pleasing circulated note from this Comanche County issuer. It is just the fourth Type Two $20 to be reported. Fine-Very Fine.
Miami, OK - $10 1929 Ty. 1 The First NB Ch. # 5252
Another "misplaced town" name, this was only bank in this community to issue notes from the 1929 Series. This example is a bright Very Fine+ with a touch of wallet soiling and a rust spot or two on the back.
Oklahoma City, OK - $100 1929 Ty. 1 The State NB Ch. # 4862
Scrutiny finally turns up a light fold on this C-note that has a touch of fading on the back. About Uncirculated.
Oklahoma City, OK - $10 1929 Ty. 1 The Liberty NB Ch. # 11230
Even circulation is seen on this Fine-Very Fine example. A sub-collection can be made of Nationals with "Liberty" in their bank titles.
Pawnee, OK - $20 1929 Ty. 1 The First NB Ch. # 5224
This $20 is one of 18 serial numbers in the Kelly census for this scarce bank. C.C. Roberts and E.C. Mullendore were able to guide this bank through the Great Depression. Evenly circulated Very Good, with just a couple of tiny pinholes.
Medford, OR - $5 1929 Ty. 1 The First NB Ch. # 7701
One of the better Type One $5s known on this southern Oregon bank, this lightly circulated Extremely Fine example is still bright and crisp.
Portland, OR - $20 1902 Plain Back Fr. 653 The United States NB Ch. # (P)4514
Printed bank officer signatures that were executed by a printer with a signature plate are seen on this example from a "Forbidden Title" bank. An evenly circulated Fine, there is some residue and a trace of paper loss beneath the cashier's signature.
Portland, OR - $5 1929 Ty. 1 The United States NB Ch. # 4514
The Act of May 24, 1926 forbade the use of "United States", "Federal", or "Reserve" in the bank title. However, existing banks with such titles were grandfathered in by the act. There were twenty "United States National Banks" around the country during the 1929 - 1935 period. Nineteen of these banks issued Nationals. This example is a bright PCGS About New 53.
Ashley, PA - $20 1902 Plain Back Fr. 652 The First NB Ch. # 8656
This is one of only four large in the census and the only 1902 $20 Plain Back. It is also the highest graded of the four large. The edges and paper are healthy while the signatures have faded. Fine+.
Ashley, PA - $10 1929 Ty. 1 The First NB Ch. # 8656
This is one of only a dozen small in the census. Fine.
Bethlehem, PA - $5 1929 Ty. 1 The Lehigh Valley NB Ch. # 2050
The embossing is strong on this Choice Crisp Uncirculated example that just displays some very light handling. It is a new addition to the census of 25 small size reported in Kelly.
Cherry Tree, PA - $5 1902 Plain Back Fr. 598 The First NB Ch. # (E)7000
A very rare large note bearing one of the great National Bank Note titles. While small examples are easy to find from this bank, this community's sole issuer, large notes can be counted on the fingers of one hand. This piece is missing a corner tip at the upper left but that is more than made up for by the vivid blue signatures and good eye appeal for the grade. Good-Very Good.
Darby, PA - $5 1902 Plain Back Fr. 601 The First NB Ch. # 4428
This Delaware County issuer was closed by the receiver in January 1934. The stamped signatures are still readable on this evenly circulated Fine that has just a couple of pinholes.
East Conemaugh, PA - $5 1902 Plain Back Fr. 598 The First NB Ch. # 6979
The only note issuing bank in this Cambria County locale, just large size were issued before it closed its doors in 1925. A mere half dozen notes are reported including this Blue Seal that retains faded but legible signatures. Very Good-Fine, with a few edge splits and tears.
Elysburg, PA - $20 1929 Ty. 1 The First NB Ch. # 10837
The last time we had a note on this charter number was in May 1993. Fine+.
Honeybrook, PA - $20 1929 Ty. 1 The First NB Ch. # 1676
This attractive $20 has ample margins. This charter number was the sole issuer in this Chester County town. About Uncirculated.
Juniata, PA - $10 1929 Ty. 1 The First NB Ch. # 8238
Just four small size are recorded in the census for this rare Blair County bank that closed its doors forever in May 1931. This Fine $10 has an approximate quarter inch top edge tear and an erasure spot to the left of the portrait.
Lancaster, PA - $10 1929 Ty. 1 The Conestoga NB Ch. # 3987
A great Americana bank name that might seem appropriate to a bank located out west. The Conestoga would operate under this title until January 1970. No real folds are seen on this Extremely Fine-About Uncirculated $10 that just has some handling and retains solid embossing.
Littlestown, PA - $20 1929 Ty. 1 The Littlestown NB Ch. # 9207
The paper still has some snap and this example has nice margins. Fine-Very Fine.
Mauch Chunk, PA - $5 1902 Date Back Fr. 590 The Mauch Chunk NB Ch. # (E)6534
In 1954 Mauch Chunk changed its name to Jim Thorpe, Pennsylvania. A couple of years later this bank followed suit with the Jim Thorpe National Bank nomenclature. This bright PMG Very Fine 25 is the only example of its type and denomination reported in the latest Kelly census.
Montoursville, PA - $5 1902 Plain Back Fr. 598 The First NB Ch. # 6997
This $5 was folded into eighths thus preserving its original paper surfaces and embossing. A small spot is noticed on the back. Very Fine.
Mount Carmel, PA - $10 1929 Ty. 1 The Union NB Ch. # 8393
About two dozen small size are reported on this Northumberland County bank. This new addition to the census is a lightly circulated example that has been certified by PCGS as Extremely Fine 40.
Norristown, PA - $10 1929 Ty. 2 The Peoples NB Ch. # 2581
Just two dozen small size are reported on this better Montgomery County bank. The embossing is strong and the paper bright on this colorful $10 that has a light centerfold. Choice About Uncirculated.
Oley, PA - $10 1929 Ty. 1 The First NB Ch. # 8858
A lovely Series 1929 example with just the slightest evidence of light handling. Choice Crisp Uncirculated.
Oxford, PA - $10 1929 Ty. 2 The NB of Oxford Ch. # 728
Only a handful of Type Two notes are known on this popular Chester County bank. This Very Fine example still retains some original embossing.
Philadelphia, PA - $5 1882 Brown Back Fr. 467 The Girard NB Ch. # 592
Originally founded in the early nineteenth century by Stephen Girard, one of this city's greatest benefactors, this is its national bank incarnation. There is some very slight edge roughness which is to be expected with this level of circulation. Very Good.
Pittsburgh, PA - $5 1875 Fr. 401 The Allegheny NB Ch. # 722
While this piece is well circulated and has some edge roughness and tears, it is the first note of its type and denomination to turn up on this scarce Pittsburgh bank that has less than ten notes in the census. Good-Very Good.
Pittsburgh, PA - $20 1902 Plain Back Fr. 657 The Marine NB Ch. # (E)2237
This gorgeous Blue Seal has the appearance of a Choice CU note but two light folds on the back preclude that assessment. Still, the colors are vivid and the embossing strong on this Extremely Fine-About Uncirculated example.
Pittsburgh, PA - $5 1902 Plain Back Fr. 606 The Duquesne NB Ch. # 2278
This $5 has a great bank title loaded with local history. There is a tear in the bottom margin that has been repaired with tape on this otherwise evenly circulated Fine-Very Fine example.
Pittsburgh, PA - $10 1902 Plain Back Fr. 624 The Mellon NB Ch. # 6301
In 1921, Richard B. Mellon assumed the presidency of the Mellon National Bank when his brother, Andrew W. Mellon, resigned to become U.S. Secretary of the Treasury. This is a very bright note with plenty of original embossing remaining. Extremely Fine.
Port Royal, PA - $20 1929 Ty. 1 The First NB Ch. # 11369
A couple of light folds and some handling are the only signs of circulation on this bright, well embossed $20. It is a new addition to the census of just eight small size reported on this scarce Juniata County bank. A tiny ink spot is noticed in the lower left margin. Extremely Fine-About Uncirculated.
Reading, PA - $10 1929 Ty. 1 The Reading NB & TC Ch. # 4887
Bright paper and strong embossing can easily be seen through the third party holder. CGA Gem Uncirculated 65.
Schuylkill Haven, PA - $10 1929 Ty. 2 The First NB & TC Ch. # 5216
From the only bank to issue in this Schuylkill County location. A crackling fresh PCGS Choice New 63PPQ, this beauty is a natural addition to any nice state set.
Scranton, PA - $20 1929 Ty. 2 The First NB Ch. # 77
Natural paper wave and embossing are highlights of this $20 that has just a bit too much handling to merit the CU grade. Choice About Uncirculated.
Shickshinny, PA - $10 1929 Ty. 1 The First NB Ch. # 5573
Shickshinny is an Indian word that roughly translates as the "Land of the Five Mountains." Certainly, this is one of the more popular town names from Pennsylvania. A colorful and embossed example, only its centering prevents a Gem grade. Very Choice Crisp Uncirculated.
Tarentum, PA - $10 1929 Ty. 2 The Peoples NB Ch. # 5351
This town was named for the Greek colony of Tarentum in southern Italy that was founded in 706 B.C. by a group of Spartans. This example is an evenly circulated Very Good.
Tarentum, PA - $20 1929 Ty. 2 The Peoples NB Ch. # 5351
This town was named for the Greek colony of Tarentum in southern Italy that was founded in 706 B.C. by a group of Spartans. Serial number 8 graces this well embossed Extremely Fine-About Uncirculated example that has just a centerfold and some handling.
Warren, PA - $5 1902 Plain Back Fr. 603 The Warren NB Ch. # (E)4879
A bright Extremely Fine-About Uncirculated example with the scarcer Napier-Thompson signatures. Only 132 banks nationwide had this treasury signature combination. The embossing is strong and a couple of folds very light on this attractive note.

Waynesboro, PA - $10 1929 Ty. 1 First NB & TC Ch. # 11866
Abolitionist leader John Brown taught Sunday School here prior to undertaking his raid on the federal arsenal at Harper's Ferry. This fresh note has been graded by PMG as Choice Uncirculated 63 EPQ.
West Chester, PA - $5 1929 Ty. 1 The First NB Ch. # 148
This $5 exhibits strong bank title embossing and dark ink. About Uncirculated.
West Grove, PA - $5 1902 Plain Back Fr. 608 The NB of West Grove Ch. # 2669
A very scarce Chester County bank in large size. Very Fine, with clear signatures and some minor soiling on the back.
Yardley, PA - $20 1902 Plain Back Fr. 652 The Yardley NB Ch. # 4207
This Bucks County bank fell into receivership in March 1934 and there are fifteen each of large and small size currently in the census. This Very Good-Fine example is one of those notes. A couple of repaired tears in the margins are noticed.
Newport, RI - $5 1902 Plain Back Fr. 598 The Aquidneck National Exchange Bank & Savings Co Ch. # 1546
The signatures of James W. Thompson and Peter King appear on this $5 Plain Back that carries the second title adopted by this resort community bank. A bright Fine, a couple of rust spots have resulted in a missing corner and a split in the top margin.
Charleston, SC - $5 1902 Plain Back Fr. 602 The Bank of Charleston National Banking Assoc Ch. # (S)2044
This bank is always in demand for its unusual bank title and "tombstone" layout with "NATIONAL BANKING ASSOCIATION" being encircled within the tombstone. This well circulated Very Good piece has managed to escape the usual edge splits and pinholes associated with this grade.
Columbia, SC - $10 1902 Plain Back Fr. 627 The Liberty NB of South Carolina Ch. # (S)9687
The purple stamped signatures are still legible on this well circulated Very Good-Fine from South Carolina's capital city. It is just the tenth example with this title to be reported on a bank that closed in 1926. A tiny edge split is noticed in the bottom margin.
Spartanburg, SC - $20 1929 Ty. 2 The Commercial NB Ch. # 14211
This is a bright, embossed $20 from the only 14000 charter number in South Carolina to issue nationals. Crisp Uncirculated, with some light handling.
Bristol, TN - $20 1902 Plain Back Fr. 650 The First NB Ch. # (S)2796
The second and only collectible title on this Sullivan County bank, having undergone a name change in May, 1904. Fine, but some tears and margin roughness.
Columbia, TN - $5 1929 Ty. 1 The Phoenix NB Ch. # 7870
Type Ones only in small size from this small Maury County bank that was closed by the receiver on Armistice Day in 1931. This Very Good-Fine $5 becomes the seventeenth note in the Kelly census.
Johnson City, TN - $5 1929 Ty. 1 The Unaka & City NB Ch. # 6236
Well circulated but intact is the best way to describe this Good-Very Good piece. It carries the second title adopted by this Washington County bank after a merger in 1920. Type Ones only were issued in small size as the bank liquidated in 1932.
Knoxville, TN - $20 1929 Ty. 1 The East Tennessee NB Ch. # 2049
Traces of original embossing remain on this bright Very Fine-Extremely Fine example that carries the first title used by this large Knoxville bank.
Knoxville, TN - $10 1902 Plain Back Fr. 630 The Union NB Ch. # 10401
Nice printed signatures of W.O. Whittle and H.M. Johnston adorn this boldly printed $10. Very Fine-Extremely Fine.
McMinnville, TN - $10 1929 Ty. 2 The NB of McMinnville Ch. # 2221
Traces of original embossing remain on this bright example that has a large bottom margin. It is most likely the best of the five examples of its type and denomination listed in the census. Very Fine.
Memphis, TN - $20 1929 Ty. 2 The First NB Ch. # 336
The first bank in this Mississippi River town to receive a national charter, it ended up issuing almost $9 million in currency. Three huge margins are seen on this Type 2 $20 which has been graded Choice Uncirculated 64 EPQ by PMG.
Nashville, TN - $5 1929 Ty. 2 Broadway NB Ch. # 9774
This serial number 5 piece is from the first sheet of Type Two $5s. Grading Extremely Fine, it appears to have never really circulated but picked up quite a bit of handling while in storage as part of an uncut sheet. Original embossing is clearly evident but there is a small stain on the face as well as a nick in the upper right corner.
Austin, TX - $10 1902 Date Back Fr. 619 The American NB Ch. # (S)4322
This piece was last sold in our 2007 September Long Beach Auction where it was described, "A lovely example which is the only $10 Date Back reported from here to date. With the exception of a trio of notes in the Moody Foundation holdings, it's also the finest Third Charter example of any kind in the census. Bright Extremely Fine, with considerable original embossing remaining." It sold for $1,725, against an estimate of $1000-$1500. It may well do that again today.
Corsicana, TX - $10 1902 Plain Back Fr. 625 The First NB Ch. # 3506
The signatures are faint, but the officers are R.L. Hamilton and J.N. Edens. Just two other $10 Plain Backs are presently listed in the Kelly census. Fine-Very Fine.
Corsicana, TX - $100 1929 Ty. 1 The State NB Ch. # 11022
This snappy $100 has a nice appearance for the grade of Very Good-Fine.
Dallas, TX - $5 1902 Date Back Fr. 592 The American Exchange NB Ch. # (S)3623
This was the second title for this Dallas banking icon that would finally succumb in the 1980s. Fine, with quite a bit of soiling on the back.
Dallas, TX - $20 1902 Plain Back Fr. 652 The American Exchange NB Ch. # 3623
From the second title used for this Dallas banking icon which finally closed in the 1980s. PCGS Fine 12.
De Leon, TX - $20 1929 Ty. 2 The Farmers & Merchants NB Ch. # 7553
While the first sheet of Type Two $20s is known on this Comanche County bank, this is the first "solo" example of that type and denomination to be reported. Cut a bit off center, it is otherwise an evenly circulated Very Fine.
El Paso, TX - $5 1929 Ty. 2 El Paso NB Ch. # 12769
An attractively centered example with great color and appearance. It is difficult to find any evidence of circulation on this PCGS Choice About New 58PPQ graded note.
El Paso, TX - $10 1929 Ty. 2 El Paso NB Ch. # 12769
Ample margins and bold embossing are traits of this $10 that has a corner fold. This was the smallest of three national banks in El Paso during the Series of 1929 era. This note sports the second officer tandem found on small size notes of this charter number. Choice About Uncirculated.
Fort Worth, TX - $20 1902 Plain Back Fr. 650 The Fort Worth NB Ch. # (S)3131
A Fine-Very Fine note from a prolific Ft. Worth issuer. Cut so that a portion of the note above shows and the bottom margin is trimmed in.
Fort Worth, TX - $50 1929 Ty. 1 The Fort Worth NB Ch. # 3131
Even circulation is observed on this high denomination issue from a prolific Fort Worth bank. Very Fine.
Fort Worth, TX - $5 1902 Plain Back Fr. 600 The Farmers & Mechanics NB Ch. # (S)4004
This $5 has natural paper surfaces and has the later signature combination of Renfro and Pemberton for this bank. The overprint is still quite bold. Very Fine.
Fort Worth, TX - $5 1902 Plain Back Fr. 600 The Farmers & Mechanics NB Ch. # (S)4004
This is a well circulated but intact Very Good example from this famous Fort Worth bank that closed its doors in 1927.
Fort Worth, TX - $5 1902 Plain Back Fr. 609 The Texas NB Ch. # 12371
Despite the numbers in Kelly, this is a less frequently seen Fort Worth bank. Although the two purple stamped signatures have faded greatly, the president is believed to be B.B. Samuels. His cashier for the most part was H.L. Rudmose. This example grades Fine, with rust holes and an edge tear that reaches the inside frame line.
Galveston, TX - $20 1902 Plain Back Fr. 661 The United States NB Ch. # 12475
This bank was the only "United States" national bank to be chartered in Texas. This bank operates today under the Frost Bank banner. Nice engraved signatures appear on this bright Very Fine example that faces up at an even higher grade.
Grandview, TX - $10 1929 Ty. 2 The First NB Ch. # 4389
There are just two of the Type Two $10 variety known from here. This example is a solid Fine+.
Hereford, TX - $20 1929 Ty. 1 The Western NB Ch. # 6812
Although large examples from this west Texas bank do occasionally turn up, Series 1929 specimens are another matter entirely, with the census standing at just two pieces, one of them this note. There is a spot and a small split at the title, and another split at the bottom, but this piece is rare enough that condition becomes secondary to availability. Very Good.
Hillsboro, TX - $20 1902 Plain Back Fr. 655 The Citizens NB Ch. # 4900
This $20 has the scarce Napier-Thompson Treasury signatures. Only ten Texas banks issued notes with this signature combination. The bank officer signatures are still quite readable. Bright Fine+.
Hillsboro, TX - $20 1929 Ty. 1 The Citizens NB Ch. # 4900
Bank title embossing, dark inks, and white paper are highlights of this Choice Crisp Uncirculated example from this Hill County bank. It certainly may be the finest known small size on this institution.
Houston, TX - $5 1902 Date Back Fr. 591 The First NB Ch. # (S)1644
The stamped signatures have pretty much faded on this Very Good-Fine Date Back. Just the third national bank chartered in the State of Texas, it closed its doors in 1933.
Houston, TX - $5 1902 Plain Back Fr. 601 The Union NB Ch. # 9712
The signatures of C.A. Dwyer and R.M. Farrar are still legible on this well circulated Very Good-Fine $5. A few rust spots are noticed on the back.
Houston, TX - $20 1902 Plain Back Fr. 653 The Union NB Ch. # (S)9712
The paper on this Houston note is exceptional, with much of the original embossing and fantastic colors on all the design elements. Very Fine++.
Houston, TX - $10 1929 Ty. 1 The Union NB Ch. # 9712
Thirteen banks in Houston issued Series 1929 notes, with the Union being one of the smallest in the late 1920s. A light fold and some handling are all that is noticed on this well embossed About Uncirculated example.
Houston, TX - $20 1902 Plain Back Fr. 660 The Guaranty NB Ch. # 12062
This Very Good-Fine example brings the census of large size on this better Houston bank to an even two dozen. However, it has suffered the indignities of a few paper pulls as well as a missing upper left corner.
Jacksboro, TX - $20 1929 Ty. 1 The First NB Ch. # 4483
The First National Bank was chartered in 1890 and was a rather sizable institution considering its distance from heavily populated areas. While this Very Good example has managed to avoid tears and pinholes, it is heavily stained and has some pencilled graffiti.
San Antonio, TX - $10 1902 Plain Back Fr. 626 The San Antonio NB Ch. # 1657
This bank turns up less than its statistics suggest. The officers are T.D. Anderson and Wm. L. Herff. Bright Fine-Very Fine and close to the higher grade.
San Antonio, TX - $10 1929 Ty. 2 The Alamo NB Ch. # 4525
This note carries one of the great Texas national bank titles. President Walter P. Napier would become president of the Texas Bankers Association in 1941. This Fine example is just the second Type Two $10 to surface on this famous bank.
Vernon, TX - $20 1929 Ty. 2 The Herring NB Ch. # 7010
Very crisp and bright, the folds do not affect the fresh embossing. This note appears to be the nicest for this type and denomination to be sold at auction. Very Fine-Extremely Fine.
Victoria, TX - $10 1929 Ty. 1 The Victoria NB Ch. # 10360
This popularly collected bank is a bit scarcer in small size than in large. Traces of original bank title embossing are found on this Very Fine example.
Murray, UT - $10 1929 Ty. 1 The First NB Ch. # 6558
An evenly circulated Fine example from this community's only issuer.
Ogden, UT - $20 1929 Ty. 1 The First NB Ch. # 2597
A lightly circulated example of this scarce $20 from the Beehive State. Very Fine-Extremely Fine.
Salt Lake City, UT - $20 1929 Ty. 1 The Continental NB & TC Ch. # 9403
This moderately circulated Very Fine $20 has nice margins but does have a few pinholes.
Bellows Falls, VT - $20 1902 Plain Back Fr. 650 The NB of Bellows Falls Ch. # 1653
This is a new entrant from this tough bank which boasts decent stamped signatures and is only the second $20 Plain Back to be reported. Bright Fine-Very Fine with a couple of strong folds on the back keeping it from a higher grade.
Bellows Falls, VT - $10 1929 Ty. 1 The NB of Bellows Falls Ch. # 1653
This southern Vermont bank is much tougher to locate in small size rather than large as it fell to the receiver in early 1934. Just 13 notes are listed in the census with this problem free Very Good-Fine $10 a new addition.
Richford, VT - $10 1929 Ty. 1 The Richford NB Ch. # 11615
From the sole issuer in this northern Vermont hamlet, this bank is genuinely scarce with only eight small size reported. This Very Good-Fine $10 is one of those notes. A couple of small stains towards the left margin are noticed.
Wells River, VT - $5 1902 Plain Back Fr. 598 The NB of Newbury Ch. # 1406
An evenly circulated example that carries the second title used by this Orange County bank. Bright Fine, cut just a bit close on the top.
Clifton Forge, VA - $10 1929 Ty. 1 The Clifton Forge NB Ch. # 9177
This is a somewhat tougher bank to find in small size than large, and this example is a bright Very Fine-Extremely Fine.
Danville, VA - $5 1882 Brown Back Fr. 472 The Planters NB Ch. # 1985
This well worn Brown Back made its last public appearance in a Hickman-Oakes sale in 1987. In John's inimitable words "This note would be a candidate for redemption if it weren't so flaming rare." Yes, the upper left corner is gone and there is some other margin roughness. On the other hand, the signatures are still strong and it is still one of only three notes known to exist with this title. It could be another 20 years before another opportunity to acquire an example comes along. Good, damaged.
Leesburg, VA - $10 1929 Ty. 1 The Peoples NB Ch. # 3917
This is a well circulated but Very Good-Fine example on this Loudon County bank that is a new addition to the census of just 18 small size reported.
Norfolk, VA - $10 1902 Plain Back Fr. 628 The Seaboard NB Ch. # 10194
From the first title used by this bank, the stamped signatures have pretty much faded away on this Very Good example.
Norfolk, VA - $20 1902 Plain Back Fr. 654 The Seaboard NB Ch. # 10194
This note has a colorful bank title. The signatures are printed and that includes the vice president as the small "v" at the end of the signature line will attest to. Very Fine, with a few light stains in the margins.
Petersburg, VA - $10 1902 Plain Back Fr. 625 The NB of Petersburg Ch. # (S)3515
This note comes from a popularly collected city because of its importance during the Civil War. A well circulated Very Good-Fine, the signatures are gone and this piece was badly miscut but it is otherwise intact.
Petersburg, VA - $10 1902 Plain Back Fr. 625 The NB of Petersburg Ch. # 3515
Well circulated but intact would be the best way to describe this Very Good example from the famous Civil War community.
Richmond, VA - $5 1902 Date Back Fr. 590 The First NB Ch. # (S)1111
Embossing is still found on this pleasing Very Fine-Extremely Fine example of the "Four Aces" bank. Vibrant printing and strong signatures are attributes of this note.
Roanoke, VA - $10 1902 Date Back Fr. 616 The First NB Ch. # (S)2737
This bright Date Back is just the second of its type and denomination to turn up on this western Virginia bank. Very Fine, but with some traces of soiling on both face and back.
Winchester, VA - $20 1929 Ty. 1 The Farmers & Merchants NB & TC Ch. # 6084
A bank that is much scarcer in small size rather than large, only two auction appearances have been recorded by Track & Price for the past 30 years of a small size example. This piece is an evenly circulated Very Fine that has nice margins.
Seattle, WA - $20 1929 Ty. 2 First NB Ch. # 11280
The paper surfaces are soft on this $20. Type 2 $20s on the whole are highly underrated. Fine.
Spokane, WA - $5 1902 Plain Back Fr. 602 The Old NB Ch. # (P)4668
A pleasing crisp example from a difficult state to find original material from. Very Fine+.
Bluefield, WV - $10 1929 Ty. 1 The Bluefield NB Ch. # 11109
This is one of the great bank titles in National collecting. Bluefield got its name from the chicory flowers that grow naturally in the surrounding isolated valley. Good-Very Good, with a couple of edge nicks.
Clarksburg, WV - $10 1902 Plain Back Fr. 624 The Union NB Ch. # 7681
The ten-story Union NB is a Renaissance Revival structure and was built in 1912, which was just a few years before this boldly printed note was issued. Fine-Very Fine, with a trace of wallet soiling on the back.
Fairmont, WV - $5 1902 Plain Back Fr. 601 The Peoples NB Ch. # 9645
Printed signatures of C. Richard Hall and J.M. Brownfield adorn this $5 from the city that calls itself, "The Friendly City." Fine.
Hinton, WV - $10 1929 Ty. 1 The NB of Summers Ch. # 7998
The census of small size on this Summers County bank now stands at an even dozen with the surfacing of this Fine-Very Fine $10. A very light partial tellers stamp is barely noticed on this bright example.
Parkersburg, WV - $20 1882 Brown Back Fr. 494 The Second NB Ch. # (S)864
A scant eleven notes are reported on this scarce Wood County bank that closed its doors in 1927. This Brown Back certainly must have spent some time in the coal mines of West Virginia as it has some pieces missing and has been graded by PMG as Good 4 Net.
Piedmont, WV - $5 1902 Plain Back Fr. 600 The Davis NB Ch. # 4088
The signatures have just about faded away on this Fine example from this Mineral County bank. This was a family owned bank that closed its doors in 1933. Less than ten large size are currently reported.
Piedmont, WV - $20 1929 Ty. 1 The Davis NB Ch. # 4088
This $20 has nice color, wide margins, and light handling. Extremely Fine-About Uncirculated.
Appleton, WI - $10 1882 Value Back Fr. 577 The Commercial NB Ch. # (M)2565
Just four examples of this type and denomination are listed in the Kelly census for this bank including this piece. There is some edge roughness which is to be expected with this level of circulation. Good-Very Good.
Clintonville, WI - $20 1929 Ty. 1 The First NB Ch. # 6273
Less than two dozen small size are reported from this scarce one bank town. Nice Fine-Very Fine, with just a few pinholes.
Fond Du Lac, WI - $20 1902 Plain Back Fr. 658 First-Fond Du Lac NB Ch. # (M)555
The stamped signatures are a bit faded on this Fine-Very Fine $20 that has a couple of small rough spots in the margins and some light soiling on the back.
Janesville, WI - $5 1929 Ty. 1 The Rock County NB Ch. # 749
This is the first opportunity we have had to offer a small size note from this scarce bank that just does not turn up that often. This example is a well circulated Very Good-Fine.
Monroe, WI - $10 1929 Ty. 1 The First NB Ch. # 230
Even circulation and nice margins are seen on this nice Fine example. One small staple hole is mentioned for the sake of accuracy.
Monroe, WI - $10 1929 Ty. 1 The First NB Ch. # 230
A well circulated but quite intact Very Good-Fine that is solid for the assigned grade. This was the only note issuing bank in this Green County community.
Monroe, WI - $20 1929 Ty. 1 The First NB Ch. # 230
A very attractive $20 from this Green County bank that has low serial number 76. It is a bright Fine-Very Fine that is very close to the higher grade.
Phillips, WI - $10 1929 Ty. 1 The First NB Ch. # 7434
Nice margins and a low serial number of 58 grace this moderately circulated example from the first of this Price County community's two national banks. Very Fine.
Ripon, WI - $10 1902 Date Back Fr. 616 The First NB Ch. # (M)425
This note is a nice looking pen signed example from the community commonly credited as the birthplace of the Republican Party. The colors are still bright on this Fine $10 but there is a tear of a half inch or so in the bottom margin that has been closed with scotch tape on the back.
Shullsburg, WI - $10 1929 Ty. 1 The First NB Ch. # 4055
This is the first time we have able to offer a small size note on this scarcer Lafayette County issuer in almost nine years. Just honest wear is seen on this well circulated Very Good-Fine example.
Viroqua, WI - $5 1929 Ty. 1 The First NB Ch. # 8529
A tougher note from the only bank in this Vernon County town to issue. Bright Very Fine with more circulation evidence on the back.
Waukesha, WI - $10 1902 Plain Back Fr. 634 The National Exchange Bank Ch. # 2647
This is a bright, moderately circulated Very Fine example from this southern Wisconsin location that retains wonderful signatures including that of a vice president.
Wausau, WI - $5 1929 Ty. 1 The First NB Ch. # 2820
This note from Wisconsin's heartland is nicely margined and quite bright. Choice Crisp Uncirculated.
Whitewater, WI - $10 1902 Plain Back Fr. 624 The First NB Ch. # 124
The signatures are still clear on this Fine example from this always in demand low charter bank.
Small Size
Fr. 1500 $1 1928 Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
Three huge margins are observed on this attractive Legal Ace that also comes with the usually seen tight bottom margin.
Fr. 1500 $1 1928 Legal Tender Note. PMG Choice Uncirculated 63 EPQ.
The inks are bright though the centering is a bit off at upper left.
Fr. 1500 $1 1928 Legal Tender Note. PMG Choice Uncirculated 63 EPQ.
The bottom margin is a bit tight on this deeply inked ace.
Fr. 1500 $1 1928 Legal Tender Note. CGA Choice Uncirculated 63.
Nice embossing and a fire engine red overprint rest on this white paper note with original surfaces. The later serial numbers for this issue are often found with a close bottom margin.
Fr. 1500 $1 1928 Legal Tender Note. PMG Choice Uncirculated 63.
Only the margins hold back the grade of this bright and strongly embossed red seal ace.
Fr. 1500 $1 1928 Legal Tender Note. PMG About Uncirculated 53 Net.
This is an attractive $1 Legal that carries the message on the label of a lacquered serial number & seal.
Fr. 1500 $1 1928 Legal Tender Note. About Uncirculated.
Three bountiful margins are observed on this Legal Ace that has just a corner fold and light handling. The bright red overprint and natural paper wave are still quite in evidence on this popular one year type.
Fr. 1500 $1 1928 Legal Tender Note. PCGS Fine 15.
This is a not too commonly encountered grade for this popular one year red seal type.
Fr. 1501 $2 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
Natural paper waves, bold embossing and solid margins are noted on this pleasingly original piece.
Fr. 1501 $2 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
Broad margins are noted on this issue which features a bold overprint.
Fr. 1501 $2 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
Natural paper waves, embossing and solid margins are noted on this pleasingly original piece.
Fr. 1501 $2 1928 Legal Tender Note. Missing Back Plate Number. PMG Choice Uncirculated 64 EPQ.
A scarce error with the back plate number obstructed or missing. Fully Gem but for slightly imperfect centering.
Fr. 1501 $2 1928 Legal Tender Note. PCGS Very Choice New 64PPQ.
A near gem example of this first legal deuce issue that has fantastic print quality, raging red ink colors and exceptional paper quality.
Fr. 1501 $2 1928 Legal Tender Note. Very Choice Crisp Uncirculated.
Strong embossing is noticed on this popular first issue Red Seal. A small as made paper crinkle is observed on the right side of the face.
Fr. 1501 $2 1928 Legal Tender Note. Extremely Fine-About Uncirculated.
This lightly circulated Legal deuce still has nice embossing and a bright red overprint. On the back, it carries low plate number 5.
Fr. 1502 $2 1928A Legal Tender Note. PCGS Choice About New 58PPQ.
A very lightly circulated example of this semi-key red seal deuce that has great original embossing and flawless paper surfaces.
Fr. 1504 $2 1928C Legal Tender Note. C-A Block. PCGS Very Choice New 64PPQ.
This pleasing C-A block note just needs some better centering to achieve the gem grade. It is listed at $325 in Choice CU in the latest Schwartz reference.
Fr. 1504 $2 1928C Legal Tender Note. PCGS Very Choice New 64PPQ.
Examples this nice of this early Deuce do not turn up with any regularity.
Fr. 1504 $2 1928C Legal Tender Note. PCGS Choice New 63PPQ.
A bright and colorful example of this scarcer issue which many would not hesitate to call Very Choice CU.
Fr. 1504 $2 1928C Legal Tender Note. PMG Choice Uncirculated 63 EPQ.
Examples this nice of this early Deuce do not turn up with any regularity.
Fr. 1505/Fr. 1506 $2 1928D/1928E Legal Tender Notes. Changeover Pair. PMG Choice Uncirculated 64 EPQ.
An attractive $2 1928D to 1928E changeover pair.
Fr. 1505 $2 1928D Legal Tender Note. PCGS Choice About New 58.
It is difficult to find any evidence of circulation through the third party holder of this attractive $2 Legal.
Fr. 1505* $2 1928D Legal Tender Star Note. PMG About Uncirculated 55 EPQ.
A corner fold holds this well embossed and otherwise fully new Legal star back from a CU grade.
Fr. 1505* $2 1928D Mule Legal Tender Star Note. PMG Choice Very Fine 35.
Back plate number 282 is noted on this Mule star. The bright paper and cherry red overprint gives this piece the overall appearance of an EF note.
Fr. 1505* $2 1928D Legal Tender Star Note. PCGS Apparent Very Fine 20.
A small repaired tear is noticed in the top margin of this evenly circulated Legal star.
Fr. 1506 $2 1928E Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
This is a wonderful example of this semi-key Red Seal Deuce that has ample margins to support the grade.
Fr. 1507 $2 1928F Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
This is a high-grade "common" note that is definitely in an uncommon grade.
Fr. 1507* $2 1928F Legal Tender Note. PCGS Choice About New 55.
This is a very lightly circulated example of this desirable Legal Tender star. Fire engine red inks race across the paper.
Fr. 1508 $2 1928G Legal Tender Note. PMG Superb Gem Unc 67 EPQ.
An incredible and absolutely superb example of this more available legal tender issue which is seen here in a not so available grade.
Fr. 1508 $2 1928G Legal Tender Notes. Five Consecutive Examples. Choice Crisp Uncirculated.
This desirable quintet is crackling fresh with natural paper surfaces.
Fr. 1508* $2 1928G Legal Tender Note. PCGS Choice About New 58.
A small corner fold kept this star from the ranks of the uncirculated.
Fr. 1508* $2 1928G Legal Tender Note. PMG About Uncirculated 55 EPQ.
This Legal Tender replacement just misses the new designation.
Fr. 1510 $2 1953A Legal Tender Notes. Twenty-five Consecutive Examples. Choice Crisp Uncirculated.
This is a lovely grouping of original notes where close examination reveals a few corner bends.
Fr. 1510* $2 1953A Legal Tender Star Note. PMG Gem Uncirculated 66 EPQ.
This is simply a wonderful legal tender star that is very well margined with good embossing and paper quality.
Fr. 1510* $2 1953A Legal Tender Star Note. PCGS Choice About New 58PPQ.
The lightest of handling is noticed on this deeply embossed Legal deuce that retains natural paper wave.
Fr. 1511 $2 1953B Legal Tender Notes. Twenty-five Consecutive Examples. Choice Crisp Uncirculated or Better.
Many of these pack fresh Legal deuces have enough centering to aspire to the gem level. They all have natural paper wave and crackerjack embossing.
Fr. 1511* $2 1953B Legal Tender Star Note. PCGS Gem New 66PPQ.
This is a lovely example of a Legal Tender star that is not often found in such a lofty state of preservation, as it is usually accompanied by a tight bottom margin.
Fr. 1511* $2 1953B Legal Tender Star Note. PCGS Gem New 65PPQ.
A very well embossed example of this later Legal Tender star that has good margins and excellent paper quality.
Fr. 1511* $2 1953B Legal Tender Star Note. PCGS Gem New 65PPQ.
Embossing and natural paper wave on this Legal star can easily be seen through the third party holder.
Fr. 1511* $2 1953B Legal Tender Star Note. PCGS Gem New 65PPQ.
Bright color and nice embossing are highlights of this $2 Legal replacement note.
Fr. 1511* $2 1953B Legal Tender Star Note. PCGS Very Choice New 64PPQ.
A bit more bottom margin and this embossed Legal star would surely have reached gem status.
Fr. 1512 $2 1953C Legal Tender Notes. Twenty-five Consecutive Examples. Choice Crisp Uncirculated.
This grouping was once glued into a novelty booklet along the top edge.
Fr. 1512* $2 1953C Legal Tender Star Note. PCGS Superb Gem New 68PPQ.
This hugely margined note is as near perfection as one could expect on this elusive replacement issue with only 360,000 notes printed.
Fr. 1512* $2 1953C Legal Tender Star Note. CGA Gem Uncirculated 68.
A very pleasing example that has been awarded a lofty grade. As it stands, this is a very scarce note with only 360,000 printed for this replacement.
Fr. 1513 $2 1963 Legal Tender Notes. Eight Consecutive Examples. Very Choice Crisp Uncirculated or Better.
Most of these eight gorgeous Legal deuces are pack fresh gems. The first note of the group was submitted to PMG and came back with a 66 EPQ grade.
Twenty-Eight Fr. 1513 $2 1963 Legal Tender Notes. Choice Crisp Uncirculated or Better.
While a teller smudge may be seen here or there, the majority of these Legal deuces are pack fresh with a few having enough centering to approach the gem category.
Fr. 1513 $2 1963 Legal Tender Notes. Twenty-Five Consecutive Examples. Choice Crisp Uncirculated or Better.
This is a nice run of 25 notes that are pack fresh. Many of them have enough centering to approach gem status.
Fr. 1513 $2 1963 Legal Tender Notes. Twenty-Two Consecutive Examples. Choice Crisp Uncirculated or Better.
Embossing is seen on all of these original $2 Legals. A teller pinch is noticed on several of the notes but many are pack fresh gems. In fact, the second note of the group was submitted to PMG and awarded the grade of 65 EPQ.
Fr. 1513 $2 1963 Legal Tender Notes. Fifty Consecutive Examples. Choice Crisp Uncirculated or Better.
Many of these gorgeous Legal deuces have enough centering to achieve gem status.
Fr. 1513 $2 1963 Legal Tender Notes. Twenty-Seven Consecutive Examples. Choice Crisp Uncirculated or Better.
A corner bump is noticed on several of these $2 Legals but others certainly qualify for gem status.
Fr. 1514 $2 1963A Legal Tender Note. PCGS Superb Gem New 69PPQ.
Near-perfect centering and broad margins helped this lovely Deuce earn its lofty grade.
Padded Money For your Convenience
Nineteen Fr. 1514 $2 1963A Legal Tender Notes, Very Choice Crisp Uncirculated, are included in this Nevada State Bank promotional item. The margins appear to be close to Gem in size.
Fr. 1525 $5 1928 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
The classic "fire engine red" overprint is exhibited by this note that also has embossing.
Fr. 1526 $5 1928A Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
A wonderful example in a grade not usually seen this nice for the issue.
Fr. 1528 $5 1928C Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
Bright paper and nice margins are pleasing qualities of this premium example.
Fr. 1528 $5 1928C Mule Legal Tender Note. CGA Gem Uncirculated 66.
A lovely mule example of the more available E-A block which has excellent margins and crackling fresh paper. Superior embossing is seen on the serial numbers as well as the fully punched through Treasury seal.
Fr. 1528 $5 1928C Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
Bright paper and nice margins are pleasing qualities of this premium example.
Fr. 1528 $5 1928C Mule Legal Tender Note. PMG Choice Uncirculated 64 EPQ.
This is a very nice example of this scarcer mule which lists in Schwartz for $125 in Choice CU.
Fr. 1529 $5 1928D Legal Tender Note. PCGS Gem New 66PPQ.
Broad margins are noticed on this key to the regular $5 red seals.
Fr. 1529 $5 1928D Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
A splendid example of the key to the $5 Legal series which has a bold red overprint and bright white paper.
Fr. 1529 $5 1928D Legal Tender Note. PCGS Very Choice New 64PPQ.
This key to the regular series for this issue serves up deep embossing and even margins.
Fr. 1529 $5 1928D Legal Tender Note. PCGS Very Choice New 64PPQ.
Bright inks and embossing are noticed on this key to the regular issue $5 red seals.
Fr. 1529 $5 1928D Legal Tender Note. Extremely Fine.
A very pleasing circulated example of this key issue for the budget-minded collector who does not want to spend hundreds on a nice CU note.
Fr. 1529 $5 1928D Mule Legal Tender Note. PCGS Very Fine 25PPQ.
This is a pleasing average circulated example of this tougher variety that carries Micro Back Plate 637.
Fr. 1530 $5 1928E Mule Legal Tender Note. PMG Fine 12.
This is an evenly circulated example of this scarce mule with back plate #637 which lists in Schwartz for $400 in Very Fine.
Fr. 1530* $5 1928E Legal Tender Star Note. PCGS Extremely Fine 45.
Traces of embossing are seen through the PCGS holder on this nicely centered legal star note.
Fr. 1530* $5 1928E Legal Tender Star Note. PMG Very Fine 30.
This is a wonderful and problem free example of this scarcer Legal star note. Four ample margins surround the frame with wonderful centering and bold inks clearly visible.
Fr. 1531 $5 1928F Wide I Legal Tender Note. CGA Gem Uncirculated 66.
Bright inks and blast white paper dominate the surfaces of this pleasing red seal.
Fr. 1531 $5 1928F Narrow Legal Tender Note. CGA Gem Uncirculated 66.
Bold embossing is found on this $5 Legal that is of the scarcer Narrow variety persuasion.
Fr. 1531 $5 1928F Wide I Legal Tender Note. CGA Gem Uncirculated 66.
Bold embossing is easily viewable on this gem example of the Wide I variety..
Fr. 1531* $5 1928F Wide I Legal Tender Star Note. PMG Very Fine 30.
A dark red third printing on bright white paper is noticed along with traces of embossing.
Fr. 1532* $5 1953 Legal Tender Star Note. PMG Gem Uncirculated 65 EPQ.
The surfaces of this replacement note are very bright and the crimson overprints contrast well.
Fr. 1532* $5 1953 Legal Tender Star Note. CGA Gem Uncirculated 65.
A splendid example of a much scarcer later legal tender star note. The embossing can only be described as powerful and the inks bright red.
Fr. 1532* $5 1953 Legal Tender Star Note. PMG Choice Uncirculated 64 EPQ.
An exemplary Gem in terms of paper quality but with not quite enough centering to satisfy the gem requirement.
Fr. 1533* $5 1953A Legal Tender Star Note. PMG Gem Uncirculated 66 EPQ.
Bold punch through embossing and exceptional paper surface quality are clearly evident through the holder on this scarcer late issue star.
Fr. 1533* $5 1953A Legal Tender Star Note. PMG Gem Uncirculated 65 EPQ.
This is a superior example of this scarcer star that displays fire engine red inks and crackerjack embossing.
Fr. 1533* $5 1953A Legal Tender Star Note. PMG Choice Uncirculated 64 EPQ.
This is a nice example of this scarcer Star. Embossing and natural paper wave are visible.
Fr. 1534* $5 1953B Legal Tender Star Note. PMG Choice Uncirculated 64 EPQ.
Embossing and natural paper surfaces can easily be seen through the third party holder on this colorful star.
Fr. 1535* $5 1953C Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
This replacement note exhibits pleasing natural surfaces.
Fr. 1535* $5 1953C Legal Tender Star Note. PMG Choice Uncirculated 64.
A splendid example of this scarcer legal star note that has three huge margins. The ink colors are superb and the eye appeal exceptional.
Fr. 1535* $5 1953C Legal Tender Star Note. PMG Choice Extremely Fine 45.
Attractive color is found on this lightly circulated example of a scarce Legal star.
Fr. 1536* $5 1963 Legal Tender Star Note. PMG Gem Uncirculated 66.
Within the wide margins of this $5 Legal replacement are embossing and natural paper surfaces.
Fr. 1536* $5 1963 Legal Tender Star Note. CGA Gem Uncirculated 66.
Plenty of embossing is noticed through the holder of this always popular replacement issue.
Fr. 1536* $5 1963 Legal Tender Star Note. PCGS Very Fine 35.
This bright Legal star has the initial appearance of a much higher grade.
Fr. 1550 $100 1966 Legal Tender Note. PMG About Uncirculated 55 EPQ.
This is a very lightly circulated example of a very attractive legal hundred that has broad margins and bright colors.
Fr. 1550 $100 1966 Legal Tender Note. PCGS Extremely Fine 45PPQ.
Plenty of embossing can be seen beneath the holder on this vividly hued note.
Fr. 1550 $100 1966 Legal Tender Note. PCGS Extremely Fine 40PPQ.
A few folds are noticed on this bright example that is nicely margined.
Fr. 1550 $100 1966 Legal Tender Note. PCGS Apparent Very Fine 30.
This is an evenly circulated Legal Tender hundred that has good color along with a number written in ink on the face that PCGS has duly noted.
Fr. 1550* $100 1966 Legal Tender Note. PCGS Apparent Very Fine 30.
This is a scarce star in any condition. Even circulation is noticed on this example that has picked up a teller stamp on the face and a small spot of graffiti on the back.
Fr. 1550* $100 1966 Legal Tender Star Note. Very Fine.
The serial number of this Star begins with four zeros. This example has teller stamp ink on the face plus a small penned "400." Nonetheless, this is still a modern rarity.
Fr. 1551 $100 1966A Legal Tender Note. PMG Extremely Fine 40 EPQ.
This note is from the more elusive "A" series.
Fr. 1551 $100 1966A Legal Tender Note. PCGS Apparent Extremely Fine 40.
The paper is still bright and the overprint bold on this lightly circulated "A" series C-note that has a bit of graffiti in the left margin on the back.
Fr. 1551 $100 1966A Legal Tender Note. PCGS Extremely Fine 40.
Light circulation is found on this red C-note from the much scarcer of two Friedberg numbers for this design.
Fr. 1551 $100 1966A Legal Tender Note. PMG Extremely Fine 40.
A lovely example of this scarcer "A" series that comes with the requisite jumbo margins, fiery red inks and bold embossing. Notes such as this are in great demand in today's marketplace.
Fr. 1551 $100 1966A Legal Tender Note. PMG Choice Very Fine 35 EPQ.
The serial number embossing on this note is best described as "punched through." Most of the stock of $100 Legals held by the Treasury Department that was destroyed by government order a few years ago were of Series 1966A.
Fr. 1600 $1 1928 Silver Certificate. PMG Gem Uncirculated 66 EPQ.
The margins are broad, the paper quality superb and the embossing exceptional.
Fr. 1600 $1 1928 Silver Certificates. Two Consecutive Examples. CGA Gem Uncirculated 65.
Serial number embossing and natural paper wave roll across this pair of notes from the F-A block.
Low Serial Number Fr. 1600 $1 1928 Silver Certificate. CGA Choice Uncirculated 64.
Two digit serial number E00000085A graces this beautiful note that remains fresh and bright with plenty of original embossing.
Fr. 1600/Fr. 1601 $1 1928/1928A Silver Certificate Changeover Pair. Very Choice Crisp Uncirculated.
This pair is from the H-A block and boasts wholly original paper with deep embossing.
Fr. 1601/Fr. 1600 $1 1928A/1928 Silver Certificates. Reverse Changeover Pair. Choice Crisp Uncirculated.
This Reverse Changeover Pair is only a few thousand serial numbers away from the regular Changeover Pair also available here.
Fr. 1601 $1 1928A Silver Certificate. PMG Superb Gem Unc 67 EPQ.
An incredibly superb gem example of this funnyback series which has four huge margins, picture perfect centering and bold embossing.
Fr. 1601 $1 1928A Silver Certificate. Z-B Experimental Block . PMG Gem Uncirculated 66 EPQ.
This crackling fresh example of the Z-B experimental block is strongly embossed and perfectly centered.
Fr. 1601 $1 1928A Silver Certificate. Two Digit Serial Number. PMG Gem Uncirculated 65 EPQ.
Serial number S00000085A graces this blue seal form the S-A block.
Fr. 1601 $1 1928A Silver Certificate. Seven 3's in a Row. PMG Gem Uncirculated 65 EPQ.
A neat serial number is noticed on this well margined note.
Fr. 1601 $1 1928A Silver Certificate. CGA Gem Uncirculated 65.
Natural paper wave cascades across this well preserved note.
Fr. 1601 $1 1928A Silver Certificate. Two Digit Serial Number. PMG Choice Uncirculated 64 EPQ.
This would make a fine complement to the 1928 note listed above.
Fr. 1601 $1 1928A Silver Certificate. Two Digit Serial Number. PCGS Very Choice New 64PPQ.
Partial ladder serial number 56 is preceded by six zeroes on this pleasing fancy serial number note.
Fr. 1601 $1 1928A Silver Certificate. Y-B Experimental. PMG Choice Uncirculated 64 EPQ.
Natural paper wave and embossing are readily apparent on this near-gem example of the Y-B Experimental.
Fr. 1601 $1 1928A Silver Certificate. Y-B Experimental. PMG Choice Uncirculated 64 EPQ.
The Y-B block for this experiment tested paper of 75% linen and 25% cotton. These notes were delivered during February 1933.
Fr. 1601 $1 1928A Silver Certificate. PCGS Very Choice New 64PPQ.
This note almost carries solid fives, but the first digit is an eight.
Fr. 1601 $1 1928A Silver Certificate "Radar" Note. PCGS Choice New 63PPQ.
This choice Silver Ace comes with an attractive "radar" serial number of H05555550A. It is tough to find numbers like this on these earlier series.
Fr. 1601 $1 1928A Silver Certificates. Five Consecutive Examples. Choice Crisp Uncirculated.
This quintet has natural paper surfaces and embossing. Their backs are centered a little low.
Fr. 1601* $1 1928A Silver Certificate Star Note. PCGS About New 50.
This lightly circulated Silver star retains vibrant color and solid embossing.
Fr. 1601* $1 1928A Silver Certificate Star Note. PMG About Uncirculated 50.
The embossing is strong and the colors bright on this lightly circulated Silver replacement note.
Fr. 1602 $1 1928B Silver Certificate. X-A Block. PCGS Gem New 65PPQ.
This example is off the scarcer X-A block which is not seen with regularity in the top grades.
Fr. 1602 $1 1928B Silver Certificates. Three Consecutive Examples. CGA Gem Uncirculated 65.
Three nicely margined and wonderfully embossed examples from the I-B block comprise this lot. They all have radiant ink colors and superb print quality.
Fr. 1602 $1 1928B Silver Certificate. V-A Block. PMG Choice Uncirculated 64 EPQ.
This note is from the elusive V-A block.
Fr. 1602 $1 1928B Silver Certificate. X-A Block. PCGS Very Choice New 64PPQ.
This is a lovely example of the scarce X-A block which lists at $200 in the Schwartz-Lindquist reference in Choice CU. This note has prominent embossing and natural paper wave.
Fr. 1602 $1 1928B Silver Certificate. X-B Experimental. PMG Choice Uncirculated 64.
Embossing adorns this Experimental. This BEP experiment consisted of the X-B and Y-B blocks of the 1928A and B Series testing different rag content in the paper, while the Z-B block for these two series was used as the control block with regular paper. The X-B block paper was comprised of 50% linen and 50% cotton and the Y-B block paper was made up of 75% linen and 25% cotton. The third-party label reads "Adhesive On Margin."
Fr. 1602 $1 1928B Silver Certificate. X-A Block. PCGS Choice New 63PPQ.
Embossing and natural paper wave are easy to see through the third-party holder. This scarcer X-A block catalogs for $200 in Choice CU in the Schwartz-Lindquist reference.
Fr. 1602 $1 1928B Y-B Experimental Silver Certificates. Four Consecutive Examples. About Uncirculated or Better.
Embossing adorns these bright experimental notes that have just a touch of circulation. This BEP experiment consisted of the X-B and Y-B blocks of the 1928A and B Series testing different rag content in the paper, while the Z-B block was used as the control block with regular paper.
Fr. 1604 $1 1928D Silver Certificate. PCGS Choice New 63PPQ.
Original surfaces are a hallmark of this semi-key $1 Silver. Traces of embossing remain on this note that also has a tight bottom edge, a common occurrence for notes of this era.
Fr. 1605 $1 1928E Silver Certificate. PCGS Fine 12.
This key to the $1 silvers displays bright color despite its longer than usual sojourn in commerce.
Fr. 1605 $1 1928E Silver Certificate. PMG Fine 12.
This is by far the key to the $1 Silvers. This mid-grade example exhibits its original paper surfaces through the PMG holder. It also has three broad margins.
Fr. 1606 $1 1934 Silver Certificate. Almost Solid Five's. PMG Gem Uncirculated 65 EPQ.
This wonderfully bright blue seal carries seven 5's in the serial number.
Low Serial Number Fr. 1607 $1 1935 Silver Certificate. CGA Gem Uncirculated 67.
An attractive low serial number of A00001212A is found on this superb example of the 1935 series.
Fr. 1607 $1 1935 Two Digit Silver Certificate. PCGS Very Choice New 64PPQ.
Serial number 99 is noticed on this bright example.
Fr. 1607 $1 1935 Two Digit Silver Certificate. PCGS Very Choice New 64PPQ.
Low serial number 22 offers plenty of eye appeal to this well embossed beauty.
Fr. 1607 $1 1935 Mule Silver Certificates. Two Consecutive Examples. PCGS Very Choice New 64PPQ.
These R-A Mules are from the scarce final regular block for the 1935 Series. Both examples exhibit solid embossing and vibrant color.
Fr. 1607 $1 1935 Silver Certificate. A-B Experimental Block. PMG Choice Uncirculated 64 EPQ.
A tight lower margin is the obvious reason this note is not a Gem, as it screams originality through the holder. Additionally, this note features the A-B block which identifies it as being from an experimental printing. The A-B block utilized distinctive paper with a special finish.
Low Serial Number Fr. 1607 $1 1935 Silver Certificate. PCGS Very Choice New 64PPQ.
A low two-digit serial number of 62 definitely enhances this choice Silver Ace from the 1935 "Plain" series.
Fr. 1607 $1 1935 Silver Certificate. A-B Experimental Block. PMG Choice Uncirculated 64 EPQ.
This block utilized distinctive paper with a special finish and printing began on March 16, 1937. Embossing and natural paper surfaces are noticed.
Fr. 1607 $1 1935 Non-Mule/Mule Silver Certificate Changeover Pair. PCGS Choice New 63PPQ.
Deep punch through embossing is easily observed on this consecutive pair of $1 Silvers that represent the Non-Mule and Mule varieties for this series.
Fr. 1608 $1 1935A Silver Certificate. PCGS Superb Gem New 67PPQ.
This Silver Ace is perfectly margined with original paper waves noticed in the holder.
Low Serial Number Fr. 1608 $1 1935A Silver Certificate. PMG Gem Uncirculated 66 EPQ.
This lovely Silver Ace has the further adornment of low serial number K00000083C.
Fr. 1608 $1 1935A "Radar" Silver Certificate. PCGS Gem New 65PPQ.
Only "3's" and "4's" can be found in the serial number on this gem Silver Ace which carries a "radar" number of Y34444443B. There is a note from the 1935F series with an identical serial number in this sale.
Fr. 1608 $1 1935A Mule Silver Certificate. Block. CGA Gem Uncirculated 65.
Original paper surfaces are noticed on this N-A block Mule with micro back plate number 669.
Fr. 1608* $1 1935A Silver Certificate Star Note. PMG Gem Uncirculated 65 EPQ.
Broad margins and strong color are found on this Star which usually sells for multiples of what is stated in the price guides.
Fr. 1608* $1 1935A Silver Certificate Star Note. B-Block. PMG Choice Uncirculated 64 EPQ.
This is a Star from the scarce *-B block for this series. Over 25 times more *-A notes were printed than *-B notes for the 1935A Series. This example has original paper surfaces.
Fr. 1609 $1 1935A R Silver Certificate. PMG Choice Uncirculated 64 EPQ.
A great note that was very close to being a radar.
Fr. 1609 $1 1935A R Silver Certificate. Extremely Fine.
This experimental note has the initial appearance of a bright, lightly circulated example. However, an erasure above the left serial number has resulted in some paper loss.
Fr. 1610 $1 1935A S Silver Certificate. PMG Choice Uncirculated 63 EPQ.
This is a lovely "S" Experimental that is only held back in grade by its centering.
Fr. 1611* $1 1935B Silver Certificate Star Note. CGA Gem Uncirculated 66.
This is a tough series for Stars as it was current from only July 1945 to July 1946. The embossing is strong on this widely margined example.
Fr. 1611* $1 1935B Silver Certificate Star Note. PMG Choice Uncirculated 64 EPQ.
This note is on the want lists of most $1 blue seal specialists. A bit better centering and it certainly would be gem.
Fr. 1611* $1 1935B Silver Certificate Star Note. PMG Choice Uncirculated 64 EPQ.
This is a lovely near gem of this scarcer silver star whose desirability is reflected in its Schwartz guide value of $300 in Choice CU.
Fr. 1611* $1 1935B Silver Certificate Star Note. PMG Choice Uncirculated 64 EPQ.
This $1 Silver replacement was an elusive note to locate in high grade over a quarter of a century ago and the numismatic gods have not been kind in the intervening years. However, this delightful example will quench the thirst of one tenacious collector.
Fr. 1612 $1 1935C Silver Certificates. Twenty-four Consecutive Examples. Choice Crisp Uncirculated.
The notes in this lot all have serial numbers that begin with the up ladder "0123." This grouping is one note from being consecutive.
Near Solid Serial Number Fr. 1612 $1 1935C Silver Certificate. Choice Crisp Uncirculated.
Almost all "5's" are seen in the serial number of this choice Silver Ace that carries an attractive number of S55555755E.
Fr. 1612 $1 1935C Silver Certificates. Twenty-five Examples. Choice Crisp Uncirculated.
Many of these crackling fresh notes are consecutive.
Fr. 1613N $1 1935D Narrow "Radar" Silver Certificate. PMG Gem Uncirculated 65 EPQ.
This gem example of the Narrow variety comes with an attractive "radar" serial number of 44222244.
Fr. 1613N/W $1 1935D Narrow/Wide Changeover Pair of Silver Certificates. Choice Crisp Uncirculated.
A beautiful pair of consecutive notes, the first with the narrow back variety and the second with the wide back variety.
Fr. 1613W* $1 1935D Silver Certificate Star Note. PCGS Superb Gem New 67PPQ.
Boardwalk margins stand out on this Superb Silver star. PCGS has graded only one example of this Wide variety replacement note higher and that by a single point.
Fr. 1613W* $1 1935D Wide Silver Certificate Star Note. PCGS Choice About New 58.
Four nice margins and bright color are found on this barely circulated Silver star.
Low Serial Number Fr. 1614 $1 1935E Silver Certificate. PMG Gem Uncirculated 65 EPQ.
The gem Silver Ace is blessed with serial number A00000600H.
Fr. 1614 (23); 1614* (2)$1 1935E Silver Certificates. Choice Crisp Uncirculated.
Two Stars are found in this lot. A couple of the regular notes have stains.
Near Solid Serial Number Fr. 1614 $1 1935E Silver Certificate. Choice Crisp Uncirculated.
This choice Silver carries almost all "3's" in its near solid serial number of C36333333I.
Fr. 1614 $1 1935E Silver Certificates. Twenty Consecutive Examples. Crisp Uncirculated or Better.
Embossing and natural paper wave are highlights of these twenty Silver Aces that have a tight bottom margin.
Fr. 1615 $1 1935F "Radar" Silver Certificate. PCGS Very Choice New 64PPQ.
This near gem Silver Ace carries an attractive "radar" serial number of B34444443J. There is a note from the 1935A series with an identical serial number in this sale.
Fr. 1615 $1 1935F Silver Certificates. Twenty-Five Consecutive Examples. Crisp Uncirculated or Better.
Embossing and natural paper wave are noticed on this group of notes from the 1935F series. Several of them have enough bottom margin for the Choice CU grade.
Fr. 1615 $1 1935F Silver Certificates. Thirty-Eight Consecutive Examples. Crisp Uncirculated or Better.
This group of well embossed $1 Silvers are all from the Y-I block.
Fr. 1617 $1 1935G With Motto Silver Certificates. Ten Consecutive Examples. Choice Crisp Uncirculated.
The "With Motto" variety in this series had a print run of only about one-sixth that of the "No Motto" variety. This fact is not truly reflected in the current price relationship between the two.
Fr. 1617* $1 1935G With Motto Silver Certificate Star Note. PMG Gem Uncirculated 66 EPQ.
Natural surfaces adorn this $1 Silver. These have proven to be much scarcer over the years than originally thought. It lists for $325 in Gem CU in the Schwartz reference.
Fr. 1617* $1 1935G With Motto Silver Certificate Star Note. CGA Gem Uncirculated 66.
This is a lovely example of this much scarcer With Motto star note that has three huge margins and original paper surfaces.
Fr. 1617* $1 1935G With Motto Silver Certificate Star Note. CGA Gem Uncirculated 65.
Wide margins and nice centering are traits of this gem Silver star.
Fr. 1619 $1 1957 Silver Certificate. Two Digit Serial Number. PMG Superb Gem Unc 67 EPQ.
Serial number Y00000045A graces this note that exhibits boardwalk margins.
Low Serial Number Fr. 1619 $1 1957 Silver Certificate. CGA Gem Uncirculated 67.
This widely margined Silver Ace has the added attraction of serial number A00000097A.
Fr. 1619 $1 1957 Silver Certificate. B-B Block. PMG Gem Uncirculated 66.
This is an absolutely exceptional example of this very scarce block that lists for $225 in Gem CU in Schwartz. This beauty has four hulking margins and dead on centering. These notes appear infrequently and are always avidly sought by block collectors.
Fr. 1619 $1 1957 Silver Certificate. B-B Block. PMG Gem Uncirculated 65 EPQ.
This wide-margined note is from the rare B-B block for the 1957 Series. This was the final regular block for the series and it received a printing of only .0037% of the total notes. This is a must for the block collector.
Low Serial Number Fr. 1619 $1 1957 Silver Certificate. PMG Choice Uncirculated 64 EPQ.
Two digit serial number 95 highlights this near gem $1 Silver.
Low Serial Number Fr. 1619 $1 1957 Silver Certificate. PMG Choice Uncirculated 64 EPQ.
This near-gem example is just the 48th note issued for the 1957 series.
Fr. 1619 $1 1957 Silver Certificates. Twenty-eight Examples. Choice Crisp Uncirculated.
Several of these notes are consecutive.
Fr. 1619 $1 1957 Silver Certificates. Thirty-seven Consecutive Examples. Choice Crisp Uncirculated.
This run is nicely margined.
Fr. 1619 $1 1957 Silver Certificates. Fifty Consecutive Examples. Choice Crisp Uncirculated or Better.
While a couple of these notes from the G-A block have a teller pinch, the vast majority of these pack fresh beauties will easily qualify for the gem grade.
Fr. 1619 $1 1957 Silver Certificates. Fifty Consecutive Examples. Choice Crisp Uncirculated or Better.
Many candidates for the gem grade are observed in this group of pack fresh $1 Silvers. The first few notes do exhibit some slight teller handling in the margins.
Fr. 1619* $1 1957 Silver Certificate Star Note. *-D Block. PMG Gem Uncirculated 66 EPQ.
A lovely example of the scarcer *D block that has wide margins and deep embossing.
Fr. 1619* $1 1957 D-Block Silver Certificate Star Note. Gem Crisp Uncirculated.
This gem star is from the highly desirable *-D block for this series. Less than 3% of the Stars for the 1957 Series are of the *-D block persuasion.
Fr. 1619* $1 1957 Silver Certificate Star note. D Block. PMG Choice Uncirculated 64 EPQ.
This Star is from the highly desirable *-D block for this series. Less than 3% of the Stars for the 1957 Series are of the *-D block persuasion.
Near Solid Serial Number Fr. 1620 $1 1957A Silver Certificate. PCGS Gem New 66PPQ.
Lots of "1's" all over this $1 Silver as this gem note carries a near solid number of C51111111A.
Fr. 1620 $1 1957A Silver Certificates. Thirty-eight Consecutive Examples. Very Choice Crisp Uncirculated.
These are very close to being called gem.
Sixty Fr. 1620 $1 1957A Silver Certificates. Choice Crisp Uncirculated or Better.
While a few of these pack fresh beauties may have a corner bump, many of these $1 Silvers have enough centering to make it to the gem grade.
Fr. 1620 $1 1957A Silver Certificates. Twenty-Five Consecutive Examples. Choice Crisp Uncirculated or Better.
The first few notes in this group show some crimping in their top margins but many of these Silver Aces have enough centering for the Gem CU grade.
Fr. 1620 $1 1957A Silver Certificates. Fifty Consecutive Examples. Choice Crisp Uncirculated or Better.
The first couple of notes in this group from the N-A block have some crimping in the margins but many of the notes are pack fresh gems.
Fr. 1620 $1 1957A Silver Certificates. Thirty-Six Consecutive Examples. Choice Crisp Uncirculated or Better.
Several of these pack fresh Silver Aces from the M-A block have enough centering to approach the gem grade.
Low Serial Number Fr. 1621 $1 1957B Silver Certificate. PMG Gem Uncirculated 66 EPQ.
A lovely example from this final issue which has huge margins, cavernous embossing, superb color, and three digit serial number Y00000121A.
Low Serial Number Fr. 1621 $1 1957B Silver Certificate. PMG Gem Uncirculated 66 EPQ.
A crisp and crackling fresh example with great centering and perfect color. Low serial number Y00000107A graces this silver ace.
Low Serial Number Fr. 1621 $1 1957B Silver Certificate. PMG Gem Uncirculated 65 EPQ.
Huge margins and solid embossing are found on this silver ace that bears low serial number R0000045A.
Fr. 1621 $1 1957B Silver Certificates. Fifty Consecutive Examples. Gem Crisp Uncirculated.
Four wide margins are a highlight of this half pack.
Fr. 1621 $1 1957B Silver Certificates. Fifty Consecutive Examples. Gem Crisp Uncirculated.
This is a delightful half pack that crackles while undergoing close scrutiny.
Low Serial Number Fr. 1621 $1 1957B Silver Certificate. PMG Choice Uncirculated 64 EPQ.
Low two-digit serial number 71 enhances this near gem example from the final series of the $1 Silvers.
Fr. 1621 $1 1957B Silver Certificates. Fifty Consecutive Examples. Very Choice Crisp Uncirculated.
The fresh paper rustles as you investigate this half pack.
Fr. 1621 $1 1957B Silver Certificates. Twenty-Five Consecutive Examples. Very Choice Crisp Uncirculated or Better.
The centering is just about perfect on this group from the last series of the $1 Silvers. A pinch or two is noticed on the first few notes in the lot.
Fr. 1621 $1 1957B Silver Certificates. Forty-Three Consecutive Examples. Choice Crisp Uncirculated or Better.
These pretty $1 Silvers all exhibit natural paper wave and nice embossing. While a few of the notes have a corner bump or two, most of the examples in this group easily qualify for gem status.
Fr. 1621 $1 1957B Silver Certificates. Twenty-Four Consecutive Examples. Choice Crisp Uncirculated or Better.
Nice embossing is observed on these two dozen notes from the S-A block.
Fr. 1650* $5 1934 Silver Certificate Star Note. Choice About Uncirculated.
The lower left corner reveals a well hidden corner tip fold that unfortunately touches the design. The note is perfectly original and well embossed and certainly worthy of consideration for a premium over AU money.
Fr. 1651* $5 1934A Mule Silver Certificate Star Note. PMG About Uncirculated 55.
Micro back plate number 925 is found on this lightly handled example of this scarce Mule star.
Fr. 1653/Fr. 1654 $5 1934C/1934D Silver Certificates. Changeover Pair. PCGS Gem New 66PPQ/Very Choice New 64PPQ.
A $5 Silver Certificate changeover pair with one note a Gem 66PPQ and the other a Very Choice 64PPQ.
Fr. 1653* $5 1934C Silver Certificate Star Note. CGA Gem Uncirculated 66.
This is a bright and deeply embossed blue seal replacement.
Fr. 1653* $5 1934C Silver Certificate Star Note. Choice Crisp Uncirculated.
Some as made wrinkling is noticed near the portrait area on this widely margined replacement.
Fr. 1653* $5 1934C Wide Silver Certificate Star Note. Crisp Uncirculated.
Just some light handling is observed on this boldly printed Silver star that has paper wave and solid embossing.
Fr. 1654 $5 1934D Wide I Silver Certificate. PMG Choice Uncirculated 64;
Fr. 1654* $5 1934D Wide I Silver Certificate. PMG Choice Uncirculated 64; Fr. 1654 $5 1934D Narrow Silver Certificate. PMG Choice 64.

These three $5 Silvers were reportedly found in consecutive order within an original pack with the replacement note between the Wide I and Narrow examples. While the serial numbers lend credence to this story, its validity is left to the bidder. Also, the star example is of the Wide I variety although PMG lists the incorrect Friedberg number. All three of these notes exhibit original embossing and need only better centering to achieve the gem grade.
Fr. 1654 $5 1934D Silver Certificates. Wide I/Narrow Changeover Pair. PMG Choice Uncirculated 64.
Another example of the Wide I/Narrow variety changeover pair. Again, both pieces have nice margins and vibrant overprints. The Wide I note has back plate 1871 and the Narrow note has back plate 2061.
Fr. 1654 $5 1934D Silver Certificates. Wide I/Narrow Changeover Pair. PMG Choice Uncirculated 64.
This lot consists of two consecutive near-Gem $5 Silvers but they are two different varieties. The Wide I has back plate number 2004 and the Narrow has back plate number 2008. The demarcation point between these two varieties is plate numbers 2006 and 2007.
Fr. 1654 $5 1934D Wide I Silver Certificates. Five Consecutive Examples. Choice Crisp Uncirculated.
Embossing is a trait of this fivesome.
Fr. 1654 $5 1934D Wide I Silver Certificates. Five Examples. Choice Crisp Uncirculated.
The S-A and T-A blocks are represented in this lot.
Fr. 1654* $5 1934D Wide I Silver Certificate Star Note. PCGS Gem New 66PPQ.
Huge margins, nice embossing, and a dark blue overprint certainly stand out on this wonderful Silver star.
Fr. 1654* $5 1934D Wide I Silver Certificate Star Note. CGA Gem Uncirculated 66.
Bold ink colors and mountainous punch through embossing practically explode through the holder.
Fr. 1654* $5 1934D Silver Certificate Star Note. PMG Gem Uncirculated 65 EPQ.
A pleasing, original example of this issue.
Fr. 1654* $5 1934D Silver Certificate Star Note. PMG Choice Uncirculated 63 EPQ.
This perfectly original note is centered a touch too high for a Gem grade.
Fr. 1654* $5 1934D Wide I Silver Certificate Star Note. PMG About Uncirculated 55.
This lightly circulated Silver Star has a small internal tear toward the left margin which has been noted on the PMG holder. Wide I Stars for this series have back plate numbers of 2007 and lower.
Fr. 1654* $5 1934D Wide I Silver Certificate Star note. PMG Extremely Fine 40.
Bright surfaces grace this Blue Seal replacement note which still retains original embossing.
Fr. 1655 $5 1953 Silver Certificates. Ten Consecutive Examples. Choice Crisp Uncirculated.
This quality run is pack fresh to say the least.
Fr. 1655* $5 1953 Silver Certificate Star Note. PMG Gem Uncirculated 65 EPQ.
This Star has original paper surfaces.
Fr. 1656* $5 1953A Silver Certificate Star Note. CGA Gem Uncirculated 66.
Wide margins, nice centering, and natural paper are merits of this Star.
Fr. 1656* $5 1953A Silver Certificate Star Note. Choice Crisp Uncirculated.
Natural paper wave and embossing are found on this later Silver star. The extra-wide right margin does have a pinch, probably from sticking out of a pack.
Fr. 1701 $10 1934 Silver Certificate. PCGS Gem New 65PPQ.
This is a lovely appearing example which certainly has earned its gem grade. The PCGS holder notes that it has been pedigreed to the Rickey Collection.
Fr. 1701 $10 1934 Silver Certificate. PMG Choice Uncirculated 64 EPQ.
A wonderfully embossed and generally lovely example from this early silver issue that has great color and three huge margins.
Fr. 1701 $10 1934 Silver Certificates. Four Examples.
Three of these grade Choice CU with embossing and one grades XF.
Fr. 1701 $10 1934 Silver Certificate. PCGS About New 53PPQ.
Embossing and paper wave are detected through the third party holder of this lightly handled $10 Silver.
Fr. 1701* $10 1934 Mule Silver Certificate Star Note. CGA Extremely Fine 40.
This is an extremely scarce Mule star in any grade, and one which is very difficult to obtain in this state of preservation.
Fr. 1702 $10 1934A Silver Certificate. PCGS Gem New 66PPQ.
A spectacular example of this tougher series that has been blessed with excellent margins and superb color. The greensheet is $260 in Gem which means that this lovely example should garner substantially more.
Fr. 1702 $10 1934A Silver Certificate. Face Plate 86. Choice About Uncirculated.
A bold blue overprint is noted on this pleasing piece. One of the corners reveals a fold through the design, precluding a full Gem grade.
Fr. 1703 $10 1934B Silver Certificate. PMG Very Fine 30.
This is a pleasing mid-grade example of this tougher series for the issue.
Fr. 1703 $10 1934B Silver Certificate. PCGS Very Fine 20.
Another pleasing mid-grade example.
Fr. 1704 $10 1934C Silver Certificate. PCGS Very Choice New 64PPQ.
Original surfaces are found on this $10 Silver that is kept only from a higher grade by its centering.
Fr. 1705 $10 1934D Wide Silver Certificate. PCGS Gem New 65PPQ.
Pedigreed to the Rickey Collection, embossing and natural paper wave can be seen through the third party holder of this gem Silver $10.
Fr. 1705 $10 1934D Wide Silver Certificate. CGA Gem Uncirculated 65.
This is a pleasing example from a more elusive series that is very well margined.
Fr. 1705 $10 1934D Wide Silver Certificate. PCGS Very Choice New 64PPQ.
Great eye appeal is noticed on this note which is just a bit tight along the top margin.
Fr. 1706 $10 1953 Silver Certificate. PCGS Choice New 63PPQ.
A slender left-hand margin is found on this embossed $10 Silver that was able to escape circulation and the Great Silver Certificate Redemption of 1968.
Fr. 1708 $10 1953B Silver Certificate. PCGS Gem New 66PPQ.
A gorgeous gem example from this final issue that has superb embossing and bold printing. The PCGS holder also notes that this piece was once part of the Rickey Collection.
Fr. 1850-G $5 1929 Federal Reserve Bank Note. Very Choice Crisp Uncirculated.
This is a gorgeous example of this Chicago $5 that many collectors would not hesitate to call Gem. Original embossing and dark inking are just two of the highlights of this pretty note.
Fr. 1850-J $5 1929 Federal Reserve Bank Note. Crisp Uncirculated.
A pretty Kansas City $5 that has bright paper and solid, original embossing. Only some handling and a pinch in the top margin prevent the awarding of a higher grade.
Fr. 1850-J* $5 1929 Federal Reserve Bank Star Note. PMG Fine 12.
A barely perceptible area of paper disturbance near the portrait has been described as thinning by PMG. However, it does not detract from this evenly circulated example of a scarce FRBN star.
Fr. 1850-J* $5 1929 Federal Reserve Bank Star Note. Fine.
Just honest circulation is observed on this scarce Kansas City star.
Fr. 1850-K $5 1929 Federal Reserve Bank Note. PCGS Gem New 65PPQ.
A lovely example with embossing so pronounced it can easily be seen through the PCGS holder.
Fr. 1850-K $5 1929 Federal Reserve Bank Note. PMG Gem Uncirculated 65 EPQ.
A very attractive example of this scarcer Dallas FRBN which has a printing of under one million notes. The embossing is pronounced and the colors are bright.
Fr. 1850-K $5 1929 Federal Reserve Bank Note. Choice Crisp Uncirculated.
Punch through embossing is just one of the attributes of this bright example from the Dallas Fed. A bit more bottom margin and it would be a candidate for the Gem grade.
Fr. 1860-B* $10 1929 Federal Reserve Bank Star Note. PMG Choice Fine 15.
A very nice example of this New York star that is more common by FRBN star standards but which is still scarce with only 76,000 printed. The Schwartz value is $300 in VF and we would not be surprised to see this little treasure approach that mark.
Fr. 1860-B* $10 1929 Federal Reserve Bank Star Note. Fine.
This otherwise evenly circulated FRBN replacement note does have a nick in the top margin as well as some rounded corners.
Fr. 1860-B* $10 1929 Federal Reserve Bank Star Note. PMG Fine 12.
Though one of the more common Series 1929 FRBN stars, this issue is still not widely available. The even circulation does not hinder the overall eye appeal.
Fr. 1860-J* $10 1929 Federal Reserve Bank Star Note. CGA Very Fine 20.
This is a nice middle range star example that is problem free for the assigned grade. The latest Schwartz-Lindquist edition lists this note at $450 in VF.
Fr. 1860-K $10 1929 Federal Reserve Bank Note. Very Good.
This is a well circulated, but intact example of one of the toughest bank and denomination combinations in the FRBN series. It presents a great opportunity for the budget minded collector.
Fr. 1870-B $20 1929 Federal Reserve Bank Note. Choice About Uncirculated.
The embossing is incredibly strong on this nicely centered New York FRBN. While there are no real folds, there is just a bit too much handling to merit a CU grade.
Fr. 1870-C* $20 1929 Federal Reserve Bank Star Note. Very Fine.
A few small stains are noticed on this otherwise bright and crisp example. Only 24,000 star notes were printed.
Fr. 1870-D $20 1929 Federal Reserve Bank Note. PCGS Gem New 65PPQ.
Embossing, ample margins, nice centering, and original surfaces grace this Cleveland $20.
Fr. 1870-G $20 1929 Federal Reserve Bank Note. CGA Gem Uncirculated 65.
There is no mistaking the paper originality of this brown seal. Sharp inks and prominent embossing are featured.
Fr. 1870-G $20 1929 Federal Reserve Bank Note. Choice Crisp Uncirculated.
This boldly printed example of the "emergency money of 1933" exhibits natural paper wave. Just a trace of handling and its centering hold this attractive FRBN back from a gem grade.
Fr. 1870-H* $20 1929 Federal Reserve Bank Note. Very Fine.
This is a new addition to the census of 1929 FRBN stars. A few minor spots do little to distract from this original newly discovered note.
Fr. 1870-I $20 1929 Federal Reserve Bank Note. PMG Superb Gem Unc 67.
This is the only note graded at this lofty level by PMG, with none higher. With the advent of currency registry sets, it is hard to determine exactly where the hammer will fall for a note of this stature.
Fr. 1870-K $20 1929 Federal Reserve Bank Note. PMG Very Fine 30 EPQ.
This is the key to the $20 FRBN series. Honest, even wear is noticed and the paper remains bright.
Fr. 1870-L $20 1929 Federal Reserve Bank Note. PMG About Uncirculated 55.
This San Fran $20 has bright paper and dark inks and it lists for $750 in CU in the Schwartz-Lindquist reference.
Fr. 1880-G $50 1929 Federal Reserve Bank Note. Very Choice Crisp Uncirculated.
The paper is exceptional and the color pleasing on this Chicago $50 that is very close to the Gem grade.
Fr. 1880-J $50 1929 Federal Reserve Bank Note. Crisp Uncirculated.
This nicely centered FRBN is free of the handling usually seen on these issues. With a printing of only 276,000, Kansas City is one of the scarcer districts for this denomination. There is just a hint of a stain in the top margin.
Fr. 1880-K $50 1929 Federal Reserve Bank Note. Very Fine.
The Dallas district is the toughest of the seven Fed branches that issued $50 FRBNs. This piece has a few age spots with most of them on the back.
Fr. 1890-B $100 1929 Federal Reserve Bank Note. PMG About Uncirculated 55.
Fr. 1890-D $100 1929 Federal Reserve Bank Note. PMG About Uncirculated 55.

This is a nicely matched pair of brown seals that each exhibit a center fold.
Two Fr. 1890-D $100 1929 Federal Reserve Bank Notes. Very Fine.
The paper is still very crisp on this pair of Cleveland C-notes that have both picked up a few small stains.
Fr. 1890-K $100 1929 Federal Reserve Bank Note. PMG Extremely Fine 40.
Dallas is by far the scarcest FRBN $100. This note sports a serial number near the end of the printing of 36,000. Blue pencil marks are to the left and right of the portrait which PMG has referred to as ink.
Courtesy Autographed Fr. 1902-E $1 1963B Federal Reserve Note. PCGS Superb Gem New 67PPQ.
Broad margins are found on this well preserved note that was autographed by Joseph W. Barr above his engraved signature. Barr is a tougher autograph.
Fr. 1902-G $1 1963B Federal Reserve Notes. Original Pack of 100. Gem Crisp Uncirculated.
The first note is a Star in this original Barr pack.
Fr. 1903-C* $1 1969 Federal Reserve Star Note. CGA Gem Uncirculated 65.
This is a gem quality example from the special run of high numbered stars printed on sheets originally missing the third overprint and later used for these series 1969 Philadelphia stars. These special notes are identifiable by their serial number range, C05120001*-C05753000*. They are very scarce today in any grade, as their existence was not realized until a year or more after their release into circulation.
Courtesy Autographed Fr. 1619 $1 1957 Silver Certificate. XF-AU
Courtesy Autographed Fr. 1903-F $1 1969 Federal Reserve Note. VF.

The Fr. 1619 is autographed by Matt Rothert, the man who campaigned to put the motto "In God We Trust" on our paper money. The $1 1957 Silver was the first series to carry this new motto, with this note also being from the first block for this series. Mr. Rothert died in 1989. The Fr. 1903-F is autographed by Mary Brooks. She was the 28th Director of the Mint from September 1969 to February 11, 1977.
Fr. 1905-A* $1 1969B Federal Reserve Star Notes. Original Pack of 100. Gem Crisp Uncirculated.
This is the first time we have had a pack on this scarce Star. A few notes show some handling.
Fr. 1905-K $1 1969B Federal Reserve Notes. Original Pack of 100. Choice Crisp Uncirculated.
This Dallas pack has note K00066666A in it.
Partial Ladder Fr. 1907-D $1 1969D Federal Reserve Note. PCGS Superb Gem New 67PPQ.
The low number on this superb $1 FRN is also a four-digit "down ladder" of H00008765.
Fr. 1909-E $1 1977 Federal Reserve Note. Two Digit Serial Number. PCGS Choice New 63PPQ.
Serial number E00000011D is seen on this earlier FRN.
Nine Near Solid Serial Number 1 Fr. 1911-F $1 1981 Federal Reserve Notes. Very Choice Crisp Uncirculated or Better.
The serial numbers exhibited on these pack fresh FRNs include: F11111101D, F11111121D, F11111131D, F11111141D, F11111151D, F11111161D, F11111171D, F11111181D, and F11111191D.
Partial Ladder Fr. 1915-H $1 1988A Federal Reserve Note. PCGS Superb Gem New 68PPQ.
This near perfect $1 FRN carries a low serial number that is also a partial "down ladder" of H00004321.
Fr. 1921-B $1 1995 Federal Reserve Note. Low Serial Number 23. PMG Gem Uncirculated 66 EPQ.
An enormously margined note that has been graced with low serial number B00000023X.
Six-Digit "Up Ladder" Fr. 1921-F $1 1995 Federal Reserve Note. PCGS Superb Gem New 68PPQ.
The low serial number on this modern $1 FRN carries a six digit "up ladder" number of F0012345G.
Fr. 1922-F* $1 1995 Federal Reserve Star Note. PMG Gem Uncirculated 66 EPQ;
Fr. 2032-F* $10 1995 Federal Reserve Star Note. Choice Crisp Uncirculated.

Both of these Atlanta star notes have plenty of original embossing. A slight bend in the bottom margin holds the $10 example back from a gem grade.
Three Fr. 1924-A* $1 1999 Federal Reserve Star Notes. PMG Gem Uncirculated 65 EPQ.
This lot consists of three gem Boston stars from the first run of replacement notes for this series. They list for $45 in Choice CU in the latest edition of the Schwartz-Lindquist reference.
Fr. 1933-J $1 2006 Federal Reserve Notes. Ninety-nine Consecutive Examples. Choice Crisp Uncirculated.
The notes in this KC pack have serial numbers that all begin with the descending digits of "876543." The 87654321 note has been removed. The final fourth of this pack has a corner bump.
Fr. 1933-L $1 2006 Federal Reserve Notes. Matching Serial Numbers. Gem Crisp Uncirculated.
This pair comes from the L-C and L-H blocks and they both have the same palindrome serial numbers of 40000004.
Complete District Set Fr. 1935-A-L $2 1976 Federal Reserve Notes. Choice Crisp Uncirculated or Better.
This has been a popular set ever since the release of the $2 FRN on April 13, 1976. Every note in this pack fresh set has a serial number that ends in "69."
Fr. 1935-F* $2 1976 Federal Reserve Star Notes. Uncut Sheet of Four. Choice Crisp Uncirculated.
This Atlanta sheet has a small corner fold outside of the design in the upper right corner.
Fr. 1935-H $2 1976 Federal Reserve Note. Low Serial Number 39. Choice Crisp Uncirculated.
Two digit serial number H00000039A is found on this Choice Bicentennial Deuce from the St. Louis district. Low serial numbers on these Deuces are hard to come by and we have been unable to offer very many over the years.
Fr. 1935-I* $2 1976 Federal Reserve Star Note. PMG Gem Uncirculated 66.
Minneapolis is the key district in this series, with a print run of just 640,000. A BEP-produced paper crinkle is noted on the PMG holder as an "As Made Paper Flaw" and should not detract from the desirability of this note.
Fr. 1935-I* $2 1976 Federal Reserve Star Note. Gem Crisp Uncirculated.
Minneapolis is the key district in this series, with a print run of just 640,000. This original example has enough margins to achieve the gem grade.
Fr. 1935-I* $2 1976 Federal Reserve Star Note. Very Choice Crisp Uncirculated.
This is a lovely example of this scarce Minneapolis star that is very close to being a gem.
Fr. 1935-I* $2 1976 Federal Reserve Star Note. Very Choice Crisp Uncirculated.
Only the faintest trace of a teller pinch prevents this attractive example of the scarce Minneapolis star from attaining the gem grade.
Fr. 1935-I* $2 1976 Federal Reserve Star Note. Crisp Uncirculated.
Just some traces of handling are noticed on this attractive example of this scarce Minneapolis star that is certain to please its new owner.
Fr. 1935-J* $2 1976 Federal Reserve Star Note. Gem Crisp Uncirculated.
KC is the second scarcest of the Bicentennial Deuce Stars. Four nice margins surround this Gem example.
Premium Millennium Federal Reserve $2 Set Fr. 1936-A*-L* $2 1995 Federal Reserve Notes. Choice Crisp Uncirculated.
This Deuce set housed in a slipcase contains an example from each of the twelve Federal Reserve Districts. Each $2 carries serial number 20001255*. All twelve of the notes have a thin transparent stain along the top margin. This is a common phenomena found on notes of this set. Speculation is that the stains are oil from a cutting blade within the Western Currency Facility. Production was limited to 2000 sets and only the F* was made for general circulation. This set quickly sold out during December 2000.
Fr. 1936-F* $2 1995 Federal Reserve Star Notes. Twenty-eight Examples. Choice Crisp Uncirculated or Better.
This lot has many more "or betters" than the formers.
Fr. 1950-H $5 1928 Federal Reserve Note. PMG Choice Very Fine 35.
Some very light staining, particularly in the bottom margin, hardly detracts from this moderately circulated example of a numbered district FRN.
Fr. 1950-A $5 1928 Federal Reserve Note. CGA About Uncirculated 58.
Fr. 1951-A $5 1928A Federal Reserve Note. CGA About Uncirculated 58.

This is a pleasing pair of tough to locate notes.
Fr. 1952-K $5 1928B Federal Reserve Note. PMG Choice About Unc 58.
This is only the third time we have offered this tough Dallas note in the last few years. It's a pretty example in a grade which is sure to please.
Fr. 1953-F $5 1928C Federal Reserve Note. Very Good.
This is the second rarest $5 FRN series. Records show that notes were printed for Cleveland, Atlanta, and San Francisco, but only Atlanta notes have turned up. 1928C and D notes were delivered to the Atlanta Federal Reserve Bank between February 16, 1929 and May 28, 1935. Numerous rust spots are noticed on this well circulated example.
Fr. 1955-A $5 1934 Light Green Seal Federal Reserve Note. PCGS Choice New 63PPQ; Fr. 1962-D* $5 1950A Federal Reserve Star Note. PCGS Apparent Gem New 65.
The LGS $5 has bright color and only its centering holds back its grade while the 1950A star still merited the Gem grade despite two staple holes.
Fr. 1956-K $5 1934 Federal Reserve Note. Choice About Uncirculated;
Fr. 1959-C $5 1934C Wide Federal Reserve Note. Choice Crisp Uncirculated.

Plenty of embossing is seen on these crispy early $5 FRNs.
Fr. 1957-L* $5 1934A Federal Reserve Star Note. Crisp Uncirculated.
Embossing is found on this crisp San Francisco FRN star. We have seen only a few of these over the years.
Fr. 1959-D*; F*; H*; J* $5 1934C Wide Federal Reserve Star Notes. Fine or Better.
This lot contains four replacement notes from this series and each represents a different district. They are all evenly circulated, problem free examples with a couple approaching a higher grade.
Fr. 1959-G* $5 1934C Wide Federal Reserve Star Note. Very Fine;
Fr. 1983-G* $5 1993 Federal Reserve Star Note. Gem Crisp Uncirculated;
Fr. 1985-F* $5 1995 Federal Reserve Star Note. Gem Crisp Uncirculated.

The 1934C star note in this group is bright and evenly circulated while the other two examples are housed in a BEP holder and have matching serial numbers of 18255*.
Fr. 1960-F $5 1934D Federal Reserve Note. Choice About Uncirculated.
A light horizontal center fold is noticed on this note from a tougher series.
Fr. 1960-F $5 1934D Federal Reserve Note. PMG Very Fine 25.
A lovely example for the grade of this much scarcer F-B block. The Atlanta district is certainly the key for this series. The Schwartz-Lindquist valuation of $250 in VF seems like a good starting point.
Fr. 1960-H* $5 1934D Federal Reserve Star Note. PMG Choice About Unc 58.
This is the low star number listed in Schwartz and Lindquist for this district
Courtesy Autographed Fr. 1963-I $5 1950B Federal Reserve Note. Choice Crisp Uncirculated.
Ivy Baker Priest has autographed this $5 FRN above her engraved signature.
Fr. 1966-L* $5 1950E Federal Reserve Star Note. PMG Choice Uncirculated 64 EPQ.
A gorgeous example for the grade of this scarce San Francisco star that is well margined and very well embossed. The Schwartz value is $250 in Choice CU and $350 in gem CU.
Fr. 1967-J* $5 1963 Federal Reserve Star Note. PCGS Superb Gem New 69PPQ.
A Superb Gem example of this very challenging star note which has been blessed with enormous margins, picture perfect centering and utterly spectacular embossing.
Fr. 1970-E* $5 1969A Federal Reserve Star Note. PMG Gem Uncirculated 66 EPQ.
With a printing of just over one million, this Richmond star is not a common item by any stretch of the imagination. Excellent margins, superb embossing and flawless paper are all seen on this example of this scarce star.
Fr. 1971-E* $5 1969B Federal Reserve Star Note. PMG Superb Gem Unc 67.
This is a wonderful example of this extremely scarce star issue that has a scant printing of 640,000 but is much less available than even that amount would indicate. The margins are gigantic with virtually perfect centering and fantastic eye appeal. PMG acknowledges this fact with the comment "Great Margins".
Fr. 1971-F* $5 1969B Federal Reserve Star Note. Choice Crisp Uncirculated.
This is a scarce Star that we seldom have available and no wonder since it was current only during the latter half of 1972. This example has a as-made pre-printing paper crinkle.
Fr. 1973-F $5 1974 Federal Reserve Note. Low Serial Number 45. PMG Choice Uncirculated 64 EPQ.
Serial number F0000045D is found on this crispy Atlanta $5 that is only held back from a Gem grade by its margins.
Fr. 1980-D* $5 1988A Federal Reserve Notes. Eighteen Examples. Choice Crisp Uncirculated or Better.
Many gems reside in this Star grouping that is two notes short of being consecutive.
Fr. 1982-B* $5 1993 Federal Reserve Star Notes. Thirty-nine Consecutive Examples. Choice Crisp Uncirculated or Better.
These boldly embossed Stars come from deep within a pack thus retaining their original characteristics.
Fr. 1982-E* $5 1993 Federal Reserve Star Notes. Twenty-five Examples. Gem Crisp Uncirculated.
Twenty of these nicely preserved Stars are consecutively serial numbered.
Fr. 1982-E* $5 1993 Federal Reserve Star Notes. Thirty-nine Consecutive Examples. Gem Crisp Uncirculated.
This grouping is broadly margined and well embossed.
Fr. 1986-A-E $5 1999 Federal Reserve Notes. Gem CU
Fr. 1987-F-L $5 1999 Federal Reserve Notes. Gem CU.

This is a low serial number district set with all twelve notes having serial numbers that begin with four zeros.
Premium Federal Reserve $5 Set Fr. 1986-A-E/1987-F-L 1999. Choice Crisp Uncirculated.
This BEP set is professionally bound in a book of 24 pages with a slipcase and a total production run of only 2000. All 12 notes have low serial number 00000298A. These sets were offered in the year 2000 and quickly sold out.
Low Serial Number Fr. 1986-C; D; E $5 1999 Federal Reserve Notes. Gem CU
Low Serial Number Fr. 1987-F; G; J; L $5 1999 Federal Reserve Notes. Gem CU.

All seven of these notes have serial numbers that begin with four zeroes.
Fr. 1987-B* $5 1999 Federal Reserve Star Notes. Fifteen Examples. Gem Crisp Uncirculated.
Ten of these Stars are consecutive.
Fr. 1987-F* $5 1999 Federal Reserve Star Notes. Sixteen Examples. Gem Crisp Uncirculated.
These Stars are priced at $30 each in Ch CU in the Schwartz-Lindquist reference.
Fr. 1987-G $5 1999 Federal Reserve Note. Near Solid Serial Number. Gem Crisp Uncirculated.
A lot of 5's are seen on this Big Head Five that is graced with a near solid serial number of BG56555555A.
Fr. 1987-J $5 1999 Federal Reserve Notes. Sixteen Examples. Gem Crisp Uncirculated.
The aroma of new money is still there. Many of these notes are consecutive.
Fr. 1987-J* $5 1999 Federal Reserve Star Notes. Fourteen Examples. Gem Crisp Uncirculated.
These Stars are priced at $35 each in Ch CU in the Schwartz-Lindquist reference.
Fr. 1987-K* $5 1999 Federal Reserve Star Notes. Twenty-four Examples. Gem Crisp Uncirculated.
These Stars are priced at $35 each in Ch CU in the Schwartz-Lindquist reference. The 11* note is keeping this grouping from being consecutive.
Fr. 1988-I $5 2001 Federal Reserve Notes. Eleven Examples. Choice Crisp Uncirculated.
This grouping is just one note short of being consecutive.
Fr. 1988-K* $5 2001 Federal Reserve Star Notes. Seven Consecutive Examples. Gem Crisp Uncirculated.
Only the Dallas and San Fran districts issued Stars for this series. The Dallas Stars are priced at $35 each in Ch CU in the Schwartz-Lindquist reference.
Fr. 1988-L* $5 2001 Federal Reserve Star Notes. Eight Examples. Gem Crisp Uncirculated.
Only the San Fran and Dallas districts issued Stars for this series. The San Francisco Stars are priced at $30 each in Ch CU in the Schwartz-Lindquist reference.
Fr. 1988-L* $5 2001 Federal Reserve Star Notes. Fourteen Examples. Gem Crisp Uncirculated.
This Star run is one note short of being consecutive.
Fr. 1990-I $5 2003 Federal Reserve Notes. Twenty Examples. Gem Crisp Uncirculated.
Nineteen of these notes are consecutive. Minneapolis is one of the tougher districts for this series.
Fr. 2000-A $10 1928 Federal Reserve Note. CGA Extremely Fine 45.
A pleasing mid-grade note from the elusive Boston district.
Fr. 2000-D $10 1928 Federal Reserve Note. Choice About Uncirculated.
The embossing almost punches through the paper on this early FRN that has a trace of a corner fold.
Fr. 2000-J $10 1928 Federal Reserve Note. PMG Uncirculated 62 EPQ.
Serial number embossing is noticed on this $10 that has a left margin that just skirts the frame line.
Fr. 2001-H $10 1928A Federal Reserve Note. Choice Crisp Uncirculated.
The embossing is strong and the inking bold on this early $10 FRN that has just picked up some very light handling. Notes from the 1928A series are much scarcer than the 1928s, as is seen in the production figures for the St. Louis district--531,600 notes printed for this series, and over 4 million printed for the 1928 series.
Fr. 2002-C $10 1928B Light Green Seal Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This light green seal note is extremely well margined with beautiful yellow-green inks and the paper is as fresh and bright as can be expected.
Fr. 2002-C $10 1928B Dark Green Seal Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Plentiful margins and radiant inks are seen on this DGS Philly note.
Fr. 2002-I $10 1928B Light Green Seal Federal Reserve Note. PCGS New 62PPQ.
This is a crisp and fresh example of the Light Green Seal variety on the Minneapolis district.
Fr. 2002-K $10 1928B Dark Green Seal Federal Reserve Note. PMG Choice Very Fine 35 EPQ.
This is only the second time we have been able to offer this better Friedberg number. Original embossing is still quite in evidence.
Fr. 2003-G $10 1928C Federal Reserve Note. PMG About Uncirculated 55.
This is a well centered and bright example that just misses the CU grade.
Fr. 2004-G* $10 1934 Federal Reserve Star Note. PMG About Uncirculated 55.
This scarce LGS star shows the barest trace of circulation. The latest Schwartz reference gives it a value of $800 in Choice CU and this attractive example should realize around half that.
Fr. 2004-I $10 1934 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
High grade early Minneapolis FRN's are really difficult to come by as they rarely have the paper quality and eye appeal of this piece.
Fr. 2007-I $10 1934B Federal Reserve Note. PCGS Extremely Fine 40PPQ.
Just some light circulation is seen on this scarce Minneapolis $10 FRN.
Fr. 2009-D* $10 1934D Federal Reserve Star Note. PCGS Choice About New 58PPQ.
Wonderful margins and embossing can be seen on this lightly handled star note from a scarce district.
Fr. 2009-G* $10 1934D Federal Reserve Star Note. About Uncirculated.
A light diagonal fold is found on this early FRN star that has nice original paper wave. An insignificant spot of residue is noticed in the bottom margin on the back. We have only offered this Friedberg number a handful of times over the years.
Fr. 2010-G $10 1950 Narrow Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A lovely and high grade example of this much scarcer Narrow variety which Schwartz pegs at $150 in Choice CU.
Fr. 2010-G $10 1950 Federal Reserve Notes. Three Consecutive Examples. Wide/Narrow Changeover Pair PCGS Very Choice New 64PPQ, Gem 65PPQ.
This lot contains three consecutive $10 FRNs with the second and third notes constituting a changeover pair from the Wide to the Narrow variety for this series and the first being a bookend of sorts.
Fr. 2010-H $10 1950 Narrow Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
A lovely Narrow variety example which has huge margins, exceptional centering, and "Great Embossing" as noted by PMG.
Fr. 2011-B $10 1950A Federal Reserve Notes. Five Consecutive Examples. Choice Crisp Uncirculated.
This mini-run has original paper surfaces with one note having a small spot on the back.
Fr. 2011-D $10 1950A Federal Reserve Note. Neat Radar. PMG Gem Uncirculated 66 EPQ.
This is a wonderful example of a most interesting radar serial number from the Cleveland district.
From The Collection of Albert Rollins
Fr. 2011-J* $10 1950A Federal Reserve Star Note. Crisp Uncirculated.
Original embossing and three huge margins are seen on this scarce Kansas City Fed star.
Fr. 2014-B* $10 1950D Federal Reserve Star Note. PMG Gem Uncirculated 66 EPQ.
This is a scarcer Friedberg number. Embossing and natural paper wave are easily seen through the PMG holder.
Fr. 2015-B* $10 1950E Federal Reserve Star Note. PMG Choice Uncirculated 64 EPQ.
A lovely example of this rather elusive star that only requires better centering to achieve a much higher grade.
Fr. 2017-C $10 1963A Federal Reserve Note. Two Digit Serial Number 12. PCGS Gem New 66PPQ.
Serial number C00000012B is displayed on this rather desirable early FRN.
Fr. 2017-J $10 1963A Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A lovely example bearing true radar serial number J20000002A. PMG notes on the holder "Exceptional Paper Quality, Embossing & Color."
From The Collection of Albert Rollins
Fr. 2021-A; B (3); C; D; F; G (2); K; L $10 1969C Federal Reserve Notes. Choice Crisp Uncirculated.
These notes put you well on your way to completing this series.
Fr. 2029-C* $10 1990 Federal Reserve Star Notes. Fourteen Examples. Very Choice Crisp Uncirculated or Better.
This nicely preserved grouping is almost consecutive.
Fr. 2029-E $10 1990 Federal Reserve Notes. Six Examples. Choice Crisp Uncirculated.
There are two consecutive runs in this lot.
Fr. 2030-A (14); B (23); G (27); L (9) $10 1993 Federal Reserve Notes. Choice Crisp Uncirculated or Better.
There is $730 face in this lot. There will be no returns in this lot for any reason.
Fr. 2030-B* $10 1993 Federal Reserve Star Notes. Six Examples. Choice Crisp Uncirculated.
Five of these Stars are consecutive.
Fr. 2031-A (9); B (10); C (7) $10 1995 Federal Reserve Notes. Choice CU or Better
Fr. 2032-E (19) $10 1995 Federal Reserve Notes. Choice CU or Better.

There is $450 face in this lot. There will be no returns in this lot for any reason.
Fr. 2031-C $10 1995 Federal Reserve Notes. Twenty Consecutive Examples. Choice Crisp Uncirculated.
The district seal is strongly embossed.
Fr. 2032-C $10 1995 Federal Reserve Notes. Seventeen Examples. Choice Crisp Uncirculated.
This grouping lacks one serial number of being consecutive.
Fr. 2033-I $10 1999 Federal Reserve Notes. Eight Examples. Gem Crisp Uncirculated.
This is the scarcest regular or star block for the 1999 Series according to Schwartz, with a value of $100 each in Ch CU.
Low Serial Number Fr. 2037-A* $10 2003 Federal Reserve Star Note. PCGS Superb Gem New 69PPQ.
This near perfect Big Head star note has the added bonus of low three digit serial number 129.
Fr. 2037-A* $10 2003 Federal Reserve Star Note. PMG Superb Gem Unc 67 EPQ.
Just 416,000 notes were issued for this run of stars from the Boston district. Huge margins and nice centering are hallmarks of this example.
Fr. 2037-I $10 2003 Federal Reserve Notes. Ten Consecutive Examples. Gem CU
Fr. 2038-I $10 2003 Federal Reserve Notes. Two Examples. Gem CU.

These $10s come from the same series and district, but the different Friedberg numbers were printed at the ECF and WCF respectively.
Fr. 2039-B* $10 2004A Federal Reserve Star Note. PMG Superb Gem Uncirculated 68 EPQ.
This series for the $10s is no longer available in uncut form from the BEP and this example is oh-so-close to perfection.
Fancy Serial Numbers Fr. 2039-F $10 2004A Federal Reserve Notes. Seven Examples. Gem Crisp Uncirculated.
These beautiful GF-B notes have serial numbers 22221111; 22223333; 22224444; 22225555; 22226666; 22227777; and 22228888.
Fr. 2039-F* $10 2004A Federal Reserve Star Note. PCGS Superb Gem New 67PPQ.
Perfectly even margins are noted on this Superb looking issue. The serial number is only four digits. This issue consisted of 96,000 notes and was released in sheets only.
Fr. 2050-D $20 1928 Federal Reserve Note. Crisp Uncirculated.
Just a few traces of handling are noticed on this boldly printed and embossed early $20 FRN that needs better centering to merit a higher grade.
Fr. 2050-D $20 1928 Federal Reserve Star Note. PCGS Choice About New 55PPQ.
This is a lightly handled but wonderfully embossed example of this numbered district Cleveland note.
Fr. 2050-G $20 1928 Federal Reserve Note. Fine-Very Fine.
This Lucky 7 note off Chicago still retains some crispness after all these years.
Fr. 2050-J $20 1928 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Exceptionally bright paper, original paper waves, and a deep green overprint add to the appeal of this piece.
Fr. 2052-B $20 1928B Light Green Seal Federal Reserve Note. PMG About Uncirculated 55.
This is an attractive LGS $20.
Fr. 2052-F $20 1928B Dark Green Seal Federal Reserve Note. CGA Very Fine 25.
This evenly circulated example is from the key district for the 1928B series with the smallest issuance for all 12 districts. It is also a new high number for the Schwartz reference.
Fr. 2052-G $20 1928B Light Green Seal Federal Reserve Notes. Five Consecutive Examples. PMG Choice Uncirculated 63.
This quintet of Choice Chicago Feds all have deep, original embossing and are quite colorful.
Fr. 2052-G $20 1928B Federal Reserve Notes. Three Examples. Choice Crisp Uncirculated.
These notes are closely serial numbered and they exhibit district seal embossing.
Fr. 2052-J $20 1928B Dark Green Seal Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This early FRN exhibits flawless paper surfaces and good centering.
Fr. 2053-G $20 1928C Federal Reserve Note. Fine-Very Fine.
An evenly circulated example from this challenging early FRN series.
Fr. 2053-L $20 1928C Federal Reserve Note. PMG Fine 12.
A much more elusive issue than its Chicago counterpart. Honest even wear is noticed.
Fr. 2054-A; F; I (2) $20 1934 Mule Federal Reserve Notes. Choice Crisp Uncirculated.
Serial number embossing is found on each note.
Fr. 2054-C $20 1934 Mule Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
This is a superb example of this mule which has broad margins and exceptional paper quality.
Fr. 2054-H $20 1934 Mule Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
An exceptional example of this mule which should see some spirited bidding due to its powerful embossing and broad margins.
Fr. 2054-J $20 1934 Mule Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
A lovely mule from the Kansas City district that is well deserving of all the accolades it received from the PMG crew.
Fr. 2055-B (3); D (2); E (9); G Mules (4) $20 1934A Federal Reserve Note. Choice Crisp Uncirculated.
The Mules are the scarcest notes in this lot. Several of the Richmond notes have a small tan spot on the bottom edge.
Fr. 2055-D* $20 1934A Federal Reserve Star Note. PCGS Very Choice New 64PPQ.
This is a less frequently encountered replacement in the New grade.
Fr. 2055-G $20 1934A Federal Reserve Note. PCGS Very Choice New 64PPQ;
Fr. 2061-J $20 1950B Federal Reserve Note. PCGS Very Choice New 64.

This pair of attractive $20 FRNs just need a bit better centering to aspire to the gem grade.
Fr. 2057-C $20 1934C Federal Reserve Notes. Five Examples. Choice Crisp Uncirculated.
You can thumb through this quintet to hear the crackling.
Fr. 2057-C $20 1934C Federal Reserve Notes. Four Consecutive Examples. Choice Crisp Uncirculated.
These The White House vignette notes have original paper surfaces galore.
Fr. 2057-D* $20 1934C Old Back Federal Reserve Star Note. PCGS Extremely Fine 40PPQ.
This is a lightly circulated example of this very challenging "Old Back" Cleveland star.
Fr. 2057-G $20 1934C Federal Reserve Notes. Nine Examples. Choice Crisp Uncirculated.
Embossing is a trait of this Chicago $20 with the later The White House vignette. Several of these $20s are consecutive.
Fr. 2057-G* $20 1934C New Back Federal Reserve Star Note. PCGS Choice About New 58PPQ.
This pleasing replacement example of the "New Back" design just misses as it is ever so lightly handled.
Fr. 2058-B* $20 1934D Wide Federal Reserve Star Note. PCGS About New 50PPQ.
Embossing is still quite visible on this lightly circulated replacement note.
Fr. 2059-D* $20 1950 Federal Reserve Star Note. PMG Choice Uncirculated 64.
This choice middle era FRN star has earned the accolade "Great Embossing" from PMG.
Fr. 2059-F $20 1950 Federal Reserve Note. About Uncirculated.
A corner tip fold and some handling is seen on this middle era $20 FRN that retains considerable embossing and has nice margins. We see about one example of this Friedberg number per year.
Fr. 2061-E $20 1950B Federal Reserve Note. Dual Courtesy Autographs. PMG Gem Uncirculated 65 EPQ.
This denomination is not seen too often with dual courtesy signatures.
Fr. 2062-C* $20 1950C Federal Reserve Star Note. Extremely Fine.
This is a tough series for Stars. This is also only the fifth appearance for this Friedberg number in any of our auctions.
Fr. 2067-F* $20 1969 Federal Reserve Star Note. PMG Gem Uncirculated 65 EPQ.
Broad margins and mountainous embossing are seen on this delightful Atlanta star that has a printing of just over one million.
Fr. 2067-L* $20 1969 Federal Reserve Star Note. PMG Gem Uncirculated 65 EPQ.
San Francisco is one of the most common stars from this issue but they rarely come with this type of paper quality.
Fr. 2069-D $20 1969B Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
Exceptional margins are seen on this Cleveland example that comes with great color and fresh paper surfaces. Gem notes from this district for this series have proven difficult to acquire.
Fr. 2069-L* $20 1969B Federal Reserve Star Note. PMG Very Fine 30.
A very scarce star to find in any grade but especially this attractive and problem free. Schwartz lists a value of this very scarce star at $800 in Choice CU.
Fr. 2072-A*; C*; E*; G*; H*; K* $20 1977 Federal Reserve Star Notes. PMG Choice Uncirculated 64 EPQ
Fr. 2075-C* $20 1985 Federal Reserve Star Note. PMG Choice Uncirculated 64 EPQ.

These are all well matched Stars with visible embossing.
Fr. 2075-G* $20 1985 Federal Reserve Star Note. PMG Superb Gem Unc 67 EPQ.
Stars from this otherwise common series are really not as easy to find as one would expect. This particular beauty has huge margins, picture perfect centering and punch through embossing. It is really quite easy to see how PMG arrived at this grade.
Six-Digit "Up Ladder" Fr. 2076-G $20 1988A Federal Reserve Note. PCGS Gem New 65PPQ.
This gem $20 Fed carries a partial "up ladder" serial number of G00012345F.
Fr. 2077-A*; B* (2); D* (2) $20 1990 Federal Reserve Star Notes. Choice Crisp Uncirculated.
These are priced at $70 each in Ch CU in the Schwartz-Lindquist reference. The final digits in the upper serial numbers of the New York notes show incompleteness.
Fr. 2079-D; E (13); F (4); H (3); K (5) $20 1993 Federal Reserve Notes. Choice CU
Fr. 2080-F (3); G (2); H (3) $20 1993 Federal Reserve Notes. Choice CU.

This is the second series for $20s to be printed at both the ECF and WCF.
Fr. 2081-B (2); D (3) $20 1995 Federal Reserve Noted. Choice CU or Better
Fr. 2082-G (10); K (6) $20 1995 Federal Reserve Noted. Choice CU or Better

There is $420 face in this lot. There will be no returns in this lot for any reason.
Nine Fr. 2086-G* $20 1999 Federal Reserve Star Notes. Gem Crisp Uncirculated.
All of these pack fresh star notes from the Chicago district have a serial number that ends in "00."
Near Solid Serial Number Fr. 2089-B $20 2004 Federal Reserve Note. PCGS Superb Gem New 67PPQ.
Almost all "Deuces" are seen on this superb Big Head $20 that carries serial number EB02222222D.
Fr. 2089-B $20 2004 Federal Reserve Note. Low Serial Number Three. Extremely Fine.
This lightly circulated Big Head $20 is certainly enhanced by a single digit serial number of EB00000003D. A trace of margin roughness is noticed in the top right corner along with a hint of red ink, perhaps an ATM mark.
Fr. 2089-C* $20 2004 Federal Reserve Star Notes. Seven Examples. Gem Crisp Uncirculated.
These Stars are nearly consecutive and they still retain that new money aroma.
Near Solid Serial Number Fr. 2089-E $20 2004 Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
This superb Big Head $20 carries an attractive serial number of ED04444444C.
Fr. 2089-E* $20 2004 Federal Reserve Star Notes. Ten Consecutive Examples. Gem Crisp Uncirculated.
This run of Stars maintains its new money scent.
Fr. 2091-B* $20 2004A Federal Reserve Star Notes. Twenty Consecutive Examples. Superb Gem Crisp Uncirculated.
Twenty pack fresh star notes from this modern series make up this lot. Perhaps there might be a "70" or two to be found.
Fr. 2100-D $50 1928 Federal Reserve Note. Very Fine;
Fr. 2111-D* $50 1950D Federal Reserve Star Note. Fine-Very Fine.

This pair of evenly circulated $50 FRNs have avoided tears and pinholes.
Fr. 2100-G $50 1928 Federal Reserve Note. PMG About Uncirculated 55.
A very lightly circulated example of this scarce and desirable numbered district note that is crisp and fresh with solid margins. Considering the Schwartz-Lindquist value of this district is $600 in CU it would stand to reason a nice AU should bring half of that or more.
Fr. 2101-A $50 1928A Dark Green Seal Federal Reserve Note. Choice Crisp Uncirculated.
This is a nice example from the considerably scarcer Boston district. A microscopic stain is noticed by the Treasury Seal.
Fr. 2101-D $50 1928A Federal Reserve Note. About Uncirculated.
Embossing and original paper surfaces are found on this $50 with light handling.
Fr. 2101-G $50 1928A Dark Green Seal Federal Reserve Note. PCGS New 61.
Some discoloration in the right margin has reduced the grade on this otherwise choice $50 FRN that retains a bold overprint.
Three Fr. 2102-B $50 1934 Dark Green Seal Federal Reserve Notes. Fine-Very Fine or Better.
Aside from one example having a pencilled number on the face, these three moderately circulated DGS $50 FRNs are problem free for the assigned grade.
Fr. 2102-C $50 1934 Light Green Seal Federal Reserve Note. PCGS Gem New 65PPQ.
The lime green overprint contrasts nicely against the deep inks. Better than usually encountered margins add to the overall appeal.
Fr. 2103-B $50 1934A Mule Federal Reserve Note. PMG Choice About Unc 58.
A corner fold holds this nicely centered and boldly printed $50 Fed back from a much higher grade.
Fr. 2104-G $50 1934B Federal Reserve Note. PMG About Uncirculated 50.
This is only the fifth time that this Friedberg number has been in any of our auctions. In fact, this Friedberg number was missing from the massive Taylor Family Collection we sold in February 2005.
Fr. 2107-D $50 1950 Mule Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Wide margins and prominent embossing are noticed on this gem $50 FRN.
Fr. 2109-C* $50 1950B Federal Reserve Star Note. Choice Crisp Uncirculated.
A crackling fresh and utterly original star example which catalogues for $265 in Choice CU in the latest Schwartz-Lindquist reference. With a hair better face centering, this would be a screaming Gem.
Fr. 2110-E $50 1950C Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This middle era $50 FRN sports nice margins and bright color.
Fr. 2110-I* $50 1950C Federal Reserve Star Note. PMG Choice Uncirculated 64.
A lovely example from by far the scarcest district in this series for star notes. A bit better centering and this embossed example would have received a Gem grade.
Fr. 2111-D $50 1950D Federal Reserve Note. PCGS Superb Gem New 67PPQ.
Wide margins and premium paper quality highlight this Cleveland $50.
Fr. 2112-L $50 1950E Federal Reserve Note. PMG About Uncirculated 55.
A scarce note in any grade, with even an example in VF valued at $175 in the Schwartz-Lindquist catalogue. This one is very close to the CU grade.
Fr. 2112-L $50 1950E Federal Reserve Note. PMG About Uncirculated 55.
Another example of this scarce issue that is as pretty and barely circulated as the last.
Fr. 2112-L $50 1950E Federal Reserve Note. PMG About Uncirculated 55.
This note presents a third opportunity to acquire an attractive and lightly handled example of this scarce FRN series.
Fr. 2113-A* $50 1963A Federal Reserve Star Note. PCGS Gem New 65PPQ.
This scarce star catalogs for $320 in Choice CU in the latest edition of the Schwartz-Lindquist reference. That number should easily be exceeded for this gem example.
Fr. 2113-F* $50 1963A Federal Reserve Star Note. PCGS New 62PPQ.
With a printing of only 384,000 this example from the Atlanta district is deserving of its $240 catalog value in Choice CU. Some light handling holds this well embossed example back in grade.
Fr. 2113-K* $50 1963A Federal Reserve Star Note. PCGS Extremely Fine 45.
This is a very lightly circulated example of this scarce replacement note.
Fr. 2113-L* $50 1963A Federal Reserve Star Note. PCGS Choice About New 58.
Nice margins and bright colors are highlights of this scarce San Francisco replacement note.
Fr. 2114-I $50 1969 Federal Reserve Note. PMG Gem Uncirculated 66.
This is a nicely margined example from a tougher district. Only 512,000 notes were printed in total.
Fr. 2116-B $50 1969B Federal Reserve Note. PMG Choice Very Fine 35 EPQ.
A lovely mid-grade example of this scarce series that certainly gives the appearance of an Extremely Fine note.
Fr. 2116-E $50 1969B Federal Reserve Note. PMG Very Fine 25.
An attractive middle grade example from an especially scarce modern series.
Fr. 2116-F $50 1969B Federal Reserve Note. PMG Very Fine 25.
Atlanta had the fewest regular notes printed for the 1969B Series. Even wear is noticed on this moderately circulated $50.
Fr. 2116-G $50 1969B Federal Reserve Note. PMG Very Fine 30 EPQ.
With just over one million printed on the Chicago district this is a very scarce note to begin with in any grade and the Schwartz value of $300 in Very Fine seems fairly accurate.
Fr. 2117-C* $50 1969C Federal Reserve Star Note. Choice Crisp Uncirculated.
Crisp embossing can be seen on this attractive Philadelphia star.
Fr. 2119-E* $50 1977 Federal Reserve Star Note. PMG Choice Uncirculated 64 EPQ.
A perfect mate to the note offered above, with this piece displaying serial number E00000036*.
Fr. 2122-D $50 1985 Federal Reserve Notes. Seven Consecutive Examples. PMG Choice Uncirculated 64.
This is an evenly matched run of Cleveland notes.
Fr. 2126-B* $50 1996 Federal Reserve Star Notes. Eight Examples. Gem Crisp Uncirculated.
This attractive Star grouping lacks one serial number of being consecutive.
Fr. 2126-L* $50 1996 Federal Reserve Star Note. PMG Gem Uncirculated 66 EPQ.
Gargantuan margins are seen on this modern San Francisco star that has the eye appeal of a winner.
Fr. 2127-E* $50 2001 Federal Reserve Star Note. Low Serial Number. PCGS Gem New 66PPQ.
A wonderful, hugely margined example of this Big Head $50 replacement note that is further enhanced by a low serial number of CE00000862*.
Fr. 2128-G* $50 2004 Federal Reserve Star Note. PMG Gem Uncirculated 66 EPQ.
Broad margins and nice centering highlight this note in a "6" holder.
Fr. 2128-G* $50 2004 Federal Reserve Star Notes. Seven Examples. Gem Crisp Uncirculated.
This lot has two consecutive, closely serial numbered mini-runs with four and three notes respectively.
Fr. 2128-I $50 2004 Federal Reserve Note. PCGS Very Choice New 64PPQ.
Fr. 2128-J $50 2004 Federal Reserve Note. PCGS Gem New 66PPQ.

This pair of new $50 FRN's each bears an interesting ascending and descending ladder serial number.
Fr. 2150-C $100 1928 Federal Reserve Note. PMG About Uncirculated 55.
This is an example of the popular district number within district seal design.
Fr. 2150-D $100 1928 Federal Reserve Note. PMG About Uncirculated 53 EPQ.
A lovely example of this Cleveland numbered district Fed that is some handling away from a higher grade.
Fr. 2150-L $100 1928 Federal Reserve Note. Choice Crisp Uncirculated.
A nice example of this early FRN C-note that retains vibrant color and bright paper.
Fr. 2151-B $100 1928A Light Green Seal Federal Reserve Note. PMG About Uncirculated 50.
Although it is not mentioned on the PMG holder, this lightly circulated C-note is of the Light Green Seal variety and is a new low number for the Schwartz-Lindquist reference. The overprint is bold and nice margins are observed.
Fr. 2151-G $100 1928A Dark Green Seal Federal Reserve Note. PMG Extremely Fine 40 EPQ.
Some light folds and handling are the only evidence of circulation on this nicely embossed C-note from Chicago.
Fr. 2151-G $100 1928A Dark Green Seal Federal Reserve Note. PMG Extremely Fine 40 EPQ.
An utterly original example of this early FRN that appears much nicer than the assigned grade and which has been blessed with plenty of embossing.
Fr. 2151-G $100 1928A Light Green Seal Federal Reserve Note. PCGS Very Fine 20PPQ.
This series carries the "redeemable in gold on demand" obligation.
Fr. 2151-H $100 1928A Dark Green Seal Federal Reserve Note. PCGS Gem New 65.
The holder is incorrect as this is actually a Dark Green Seal FRN. This St. Louis $100 is well preserved with nice margins.
Fr. 2151-H $100 1928A Light Green Seal Federal Reserve Note. PCGS New 62PPQ.
A tight top margin limits the grade on this bright high denomination.
Fr. 2152-D $100 1934 Dark Green Seal Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This choice DGS C-note is a new high serial number for the Schwartz-Lindquist reference by over 300,000 numbers.
Fr. 2152-D $100 1934 Mule Federal Reserve Note. PMG Choice About Unc 58 EPQ.
Some handling is noticed on the right side of this attractive C-note that carries the lowest serial number reported for this district in the latest Schwartz-Lindquist reference.
Fr. 2152-D* $100 1934 Dark Green Seal Federal Reserve Star Note. PCGS Very Fine 30.
This is a pleasing high denomination replacement note that is evenly circulated and retains nice paper quality.
Fr. 2152-G* $100 1934 Dark Green Seal Federal Reserve Star Note. PCGS Very Fine 30.
This evenly circulated Chicago star is a new high serial number for the Schwartz-Lindquist reference.
Fr. 2152-H $100 1934 Dark Green Seal Mule Federal Reserve Note. PCGS Choice About New 55PPQ.
Macro back plate number 114 is found on this boldly printed Mule that has just a light centerfold and some handling.
Fr. 2152-J $100 1934 Light Green Seal Federal Reserve Note. PMG Choice Uncirculated 63 EPQ.
Embossing of the right serial number is strong on this colorful LGS Kansas City $100.
Fr. 2152-L $100 1934 Federal Reserve Note. About Uncirculated.
A deceptive center fold finally comes out of hiding.
Fr. 2152-L* $100 1934 Federal Reserve Star Note. PMG Choice Extremely Fine 45 Net.
This early San Francisco star is quite scarce in any condition. Nice margins and decent color are found on this lightly circulated replacement note. It has picked up a net grade from PMG because of a few stray marks of paper clip rust on the face.
Fr. 2153-B $100 1934A Mule Federal Reserve Note. Crisp Uncirculated.
Micro back plate number 99 is found on this otherwise choice C-Note Mule that has a trace of teller handling and a pencilled number on the back.
Fr. 2155-F $100 1934C Mule Federal Reserve Note. Choice Crisp Uncirculated.
All 1934C $100s are Mules, with this being a nicely margined example.
Fr. 2155-F $100 1934C Federal Reserve Note. Choice About Uncirculated.
Facing up quite nicely, a hint of a diagonal fold precludes us from awarding this colorful and well embossed Atlanta $100 a CU grade.
Fr. 2157-B $100 1950 Mule Federal Reserve Note. Choice Crisp Uncirculated.
A near Gem $100 Mule that has strong embossing and exceptional color. Only some light handling holds back the grade.
Fr. 2157-B $100 1950 Mule Federal Reserve Note. Extremely Fine.
A couple of light folds are found on this deeply embossed C-note Mule.
Fr. 2157-G $100 1950 Federal Reserve Note. PMG Uncirculated 62.
Plenty of embossing is found on this Chicago $100 that just needs better centering to merit a higher grade.
Fr. 2157-J $100 1950 Federal Reserve Note. Gem Crisp Uncirculated.
This is a perfect and totally original note.
Fr. 2157-L $100 1950 Mule Federal Reserve Note. Choice Crisp Uncirculated.
This is a pleasing example of this $100 Mule from the San Francisco district that has nice margins and original embossing.
Fr. 2159-C* $100 1950B Federal Reserve Star Note. Choice Crisp Uncirculated.
A crackling fresh and fully embossed example of this very scarce early $100 star note.
Fr. 2159-L $100 1950B Federal Reserve Notes. Two Consecutive Examples. Choice Crisp Uncirculated.
Tight bottom margins prevent these two crackling fresh C-notes from achieving a higher grade.
Fr. 2160-L* $100 1950C Federal Reserve Star Note. PCGS Choice New 63PPQ.
Notes from this district are notoriously difficult to locate without distracting handling marks. This piece, fortunately, is a happy exception.
Fr. 2160-L* $100 1950C Federal Reserve Star Note. Fine.
This example of a rather elusive issue does have a tear in the top margin as well as some rounded corners.
Fr. 2163-L* $100 1963A Federal Reserve Star Note. Very Choice Crisp Uncirculated.
This note has crisp surfaces and is a vividly colored issue from this tougher district.
Fr. 2167-G* $100 1974 Federal Reserve Star Note. PMG Gem Uncirculated 65 EPQ.
Embossing and nice margins are highlights of this modern era replacement note.
Fr. 2171-I $100 1985 Federal Reserve Note. PMG Gem Uncirculated 66.
This is a pristine, broadly margined, and well centered Minneapolis C-note.
Fr. 2172-B* $100 1988 Federal Reserve Star Note. PMG Gem Uncirculated 66 EPQ.
The jumbo margins surrounding this note are not hard to miss. Replacement note printings were only issued from the New York district for this series.
Fr. 2173-C* $100 1990 Federal Reserve Star Note. PCGS Gem New 66PPQ.
Wonderful margins are the highlight of this gem C-note star that carries by far the lowest serial number seen for this Friedberg number.
Fr. 2175-G* $100 1996 Federal Reserve Star Note. PCGS Superb Gem New 67PPQ.
Prominent embossing combines with wide margins and target centering on this C-note.
Fr. 2175-K* $100 1996 Federal Reserve Star Note. PCGS Superb Gem New 69PPQ.
This modern era Dallas star looks as close to perfect as one could imagine.
Fr. 2175-L $100 1996 Federal Reserve Note. Six-Digit "Up Ladder." PCGS Gem New 66PPQ.
This gem Big Head $100 carries a partial "up ladder" serial number of 00012345. Special serial numbers are certainly seen with less frequency on the higher denominations.
Fr. 2178-E $100 2003 Federal Reserve Note. Low Serial Number. PMG About Uncirculated 55 EPQ.
Low serial number DE00000151A graces this lightly handled Big Head $100.
Fr. 2178-K* $100 2003 Federal Reserve Star Note. PMG Superb Gem Unc 67 EPQ.
Picture perfect margins are observed on this late Dallas C-note star that is from the third run of replacement notes for this Friedberg number.
Fr. 2200-H $500 1928 Federal Reserve Note. PCGS Apparent Choice About New 58.
This is an attractive $500 that has a small deft repair at bottom edge left of center that is hard-to-see.
Fr. 2200-H $500 1928 Federal Reserve Note. PCGS Apparent About New 53.
This is an example of an earlier and much scarcer Series 1928 D-note on St. Louis. There is a partially removed stain on the back.
Fr. 2200-H $500 1928 Federal Reserve Note. PMG Very Fine 25.
A teller stamp remnant is noticed in the portrait area.
Fr. 2201-A $500 1934 Federal Reserve Note. Very Good.
The edges are a bit rough on this well circulated example that has some graffiti on the back. This note is an excellent candidate for someone who just wants one $500 bill to show off to his friends.
Fr. 2201-B $500 1934 Federal Reserve Note. PMG Choice Very Fine 35.
Four solid margins and sharp corners are noted on this lightly circulated note.
Fr. 2201-G $500 1934 Federal Reserve Note. PMG Very Fine 25.
Plenty of embossing remains on this lightly handled problem free note.
Fr. 2201-H $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 30.
The lime green overprints contrast strikingly against the lightly handled paper.
Fr. 2201-H $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 25.
An evenly circulated piece with excellent color for the grade.
Fr. 2201-J $500 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 30.
This is a brightly inked example from the Kansas City district.
Fr. 2201-L $500 1934 Federal Reserve Note. PMG Extremely Fine 40.
With faintly visible folds, this piece boasts all the eye appeal of a full uncirculated note. The paper is bright with perfectly printed details. PMG notes "Tear Repairs" on the back of the holder.
Fr. 2202-B $500 1934A Federal Reserve Note. Very Fine-Extremely Fine.
This New York $500 is very colorful and exhibits natural surfaces. An inconsequential spot is noticed in the top margin which affects nothing.
Fr. 2202-B $500 1934A Federal Reserve Note. PMG Choice Very Fine 35.
A nicely centered $500 with no flaws whatever for its PMG Choice Very Fine 35 grade.
Fr. 2202-B $500 1934A Federal Reserve Note. PMG Choice Very Fine 35.
Moderately circulated and problem free.
Fr. 2202-C $500 1934A Federal Reserve Note. PMG Extremely Fine 40.
A bright and well centered PMG graded $500.
Fr. 2202-D $500 1934A Federal Reserve Note. PMG Very Fine 30.
A more than acceptable Cleveland $500 in a PMG Very Fine 30 holder. The holder notes "ink" but there appears to be no trace whatever of any ink on the note.
Fr. 2202-F $500 1934A Federal Reserve Note. PMG Very Fine 20 Net.
This Atlanta has decent body, though PMG has noted, "Internal Repairs, Internal Tear" on the holder.
Fr. 2202-G $500 1934A Mule Federal Reserve Note. PCGS Very Fine 35.
This is a nice evenly circulated $500 FRN with decent margins all around.
Fr. 2202-G $500 1934A Federal Reserve Note. PMG Very Fine 25.
Well centered and bright for the grade.
Fr. 2202-G $500 1934A Federal Reserve Note. PMG Very Fine 20 Net.
This evenly circulated mid-grade $500 has a small repaired tear in the bottom margin as noted on the PMG holder.
Fr. 2211-A $1000 1934 Federal Reserve Note. PMG Extremely Fine 40.
Even circulation is noticed on this Beantown high denomination.
Fr. 2211-B $1000 1934 Dark Green Seal Federal Reserve Note. PCGS Apparent Very Fine 35.
This lightly circulated New York $1000 has a couple of small internal tears near the portrait that are reported on the PCGS holder.
Fr. 2211-F $1000 1934 Light Green Seal Federal Reserve Note. PMG Very Fine 25 Net.
This mid-grade issue was unjustly hit with the comment "Rust" on the back of the holder, although the "rust" seems non-existent to us. The affected areas would go likely unnoticed otherwise.
Fr. 2211-G $1000 1934 Federal Reserve Note. PMG Extremely Fine 40.
A bright and attractive high denomination example which appears to have been very conservatively graded.
Fr. 2211-G $1000 1934 Light Green Seal Federal Reserve Note. PCGS Apparent Very Fine 30.
This attractive Chicago $1000 has a small internal tear to the left of the portrait as reported on the PCGS holder. Otherwise, this example exhibits even circulation and bright color.
Fr. 2212-C $1000 1934A Federal Reserve Note. PMG Very Fine 25.
Even circulation and traces of embossing are seen on this Philadelphia $1000. There is a small area of paper disturbance above the district seal and PMG has defined this as an erasure.
Fr. 2212-D $1000 1934A Federal Reserve Note. PMG Very Fine 25.
This Cleveland high denomination is solidly margined with decent eye appeal.
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG Choice Extremely Fine 45.
A very attractive thousand which is about as nice an Extremely Fine as one could hope to find.
Fr. 2212-G $1000 1934A Federal Reserve Note. PMG Choice Very Fine 35.
This lightly circulated Chicago $1000 has the eye appeal of a full EF example as the folds are light and the paper is free of any detracting marks.
Fr. 2212-L $1000 1934A Federal Reserve Note. PMG Very Fine 25.
This is another lightly circulated example from San Francisco.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PMG Gem Uncirculated 65 EPQ.
A lovely example of the S-C block that has great centering and broad margins.
Fr. 2300 $1 1935A Hawaii Silver Certificates. Two Consecutive Examples. PCGS Very Choice New 64PPQ.
This pretty pair of near gem Hawaii Aces are from the S-C block.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PCGS Very Choice New 64PPQ.
Just a bit more bottom margin and this beautiful Hawaiian note would be a gem.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PCGS Very Choice New 64PPQ.
Just a bit more top margin and this beautiful Hawaiian note would be a gem.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PCGS Very Choice New 64PPQ.
Three broad margins reveal two paper guide line markers on this note that is housed in a first generation PCGS holder.
Fr. 2300 $1 1935A Hawaii Silver Certificate. Choice Crisp Uncirculated.
This attractive Hawaii $1 has deep embossing and wonderful color. A bit more top margin and it would aspire to gem status.
Fr. 2300 $1 1935A Hawaii Silver Certificate. Choice Crisp Uncirculated.
A wonderfully original Hawaii Ace that only requires a slightly broader bottom margin to achieve gem status.
Fr. 2300 $1 1935A Hawaii Silver Certificates. Three Consecutive Examples. Choice Crisp Uncirculated.
This is a beautiful trio from World War Two.
Fr. 2300 $1 1935A Hawaii Silver Certificates. Three Consecutive Examples. Choice Crisp Uncirculated.
The paper is bright and the brown ink is impeccable.
Fr. 2300 $1 1935A Hawaii Silver Certificates. Five Consecutive Examples. PMG Choice About Unc 58.
Nice margins and bright colors are found on all five of these Hawaii Aces that have just the lightest handling which is difficult to see through the third party holders.
Postally Cancelled Fr. 2300 $1 1935A Hawaii Silver Certificate. Very Fine.
We have seen a couple of these "VJ Day Tokyo Bay" notes over the years. This one is rubber-stamped on both sides with a postal cancellation of "Sep 2 1945" (remember the international date line.) Included with this lot is an envelope from a Milwaukee bank in which this interesting piece of history has been stored for over 60 years.
Fr. 2305 $20 1934A Hawaii Federal Reserve Note. Very Fine-Extremely Fine.
The paper is bright and the surfaces are original.
Fr. 2306 $1 1935A North Africa Silver Certificate. PMG Gem Uncirculated 66 EPQ.
A lovely North Africa Ace that is perfect for a high grade encapsulated type set.
Fr. 2306 $1 1935A North Africa Silver Certificate. PMG Gem Uncirculated 66 EPQ.
From just about the end of the run for the I-C block. The overprint colors contrast nicely against the deeply inked face.
Fr. 2306 $1 1935A North Africa Silver Certificate. PCGS Gem New 66PPQ.
This North Africa note has abundant margins and a bright fresh look. Well margined high grade pieces of emergency currency are very highly sought after in today's marketplace and this note should follow that rule.
Fr. 2306 $1 1935A North Africa Silver Certificate. PMG Gem Uncirculated 66 EPQ.
A lovely North Africa Ace that is perfect for a high grade encapsulated type set.
Fr. 2306 $1 1935A North Africa Silver Certificate. Choice Crisp Uncirculated.
This North Africa Ace has great color, natural paper surfaces, and solid embossing.
Fr. 2306 $1 1935A North Africa Silver Certificate. Crisp Uncirculated.
Other than a bit of handling, this example is a vivid North Africa Ace with bright color and natural paper wave.
Fr. 2306* $1 1935A North Africa Silver Certificate Star Note. PMG Very Fine 20.
Stars on the $1 denomination of this issue are doubly tough. This example is uniformly circulated.
Fr. 2307 $5 1934A North Africa Silver Certificate. CGA Choice Uncirculated 64.
This pretty North Africa Five needs just a bit better centering to qualify for gem status.
Fr. 2307 $5 1934A North Africa Silver Certificate. Choice About Uncirculated.
Serial number embossing and ample margins are traits of this emergency note that has a light center fold.
Fr. 2309 $10 1934A North Africa Silver Certificate. PMG Choice Uncirculated 64 EPQ.
Here is a pleasing note from the ever popular B-A block.
Fr. 2309 $10 1934A North Africa Silver Certificate. PCGS Extremely Fine 45PPQ.
Embossing is still present on this very lightly circulated North Africa $10. The blue and yellow inks contrast nicely with the white paper.
Fr. 2309* $10 1934A North Africa Silver Certificate. PMG Very Fine 25.
Replacement notes from this WWII series are always popular. Traces of embossing remain on this moderately circulated example.
Fr. 2309* $10 1934A North Africa Silver Certificate Star. PMG Very Fine 20.
This is an evenly circulated example with nice margins.
Fr. 2400 $10 1928 Gold Certificate. PMG About Uncirculated 55 EPQ.
A well centered and very attractive example of this popular gold type.
Fr. 2400 $10 1928 Gold Certificate. Very Fine-Extremely Fine.
This bright $10 Gold has some natural paper wave.
Fr. 2400 $10 1928 Gold Certificate. PCGS Very Fine 30PPQ.
Original paper surfaces cascade across this $10 Gold that still shows traces of embossing.
Fr. 2400 $10 1928 Gold Certificate. PCGS Apparent Very Fine 20.
PCGS has given this evenly circulated $10 Gold an "apparent" grade due to a small paper disturbance found toward the upper right corner.
Fr. 2400* $10 1928 Gold Certificate Star Note. Very Good-Fine.
The serial numbers are easy to read and this is not always the case with circulated examples of Gold Certificates. A small pencilled number is noticed to the left of the portrait.
Fr. 2402 $20 1928 Gold Certificate. PMG Extremely Fine 40.
Bright paper and traces of embossing are recognized through the third party holder.
Fr. 2402 $20 1928 Gold Certificate. PMG Extremely Fine 40.
This is a bright example with dark inks and a portrait repair.
Fr. 2405 $100 1928 Gold Certificate. PMG Very Fine 20.
These are scarce in any grade with this example being an eye appealing, bright note for the grade that also sports an attractive orange overprint.
Matching Low Serial Number Pair of $1 Notes. Gem Crisp Uncirculated.
Both of these gem notes have a low serial number of 2924. They include a 1957 $1 Silver and a 1963A $1 FRN. The Silver Ace has been certified by PMG at the 65 EPQ level.
Fifty $1 Silver Certificates. Crisp Uncirculated or Better.
This lot contains twenty-five 1957's, nineteen 1957A's, and six 1957B's. Many of the notes have enough centering to reach Choice CU or better status.
Fr. 2057-L* $20 1934C Federal Reserve Star Note. PMG Choice About Unc 58.
Fr. 2109-D* $50 1950B Federal Reserve Star Note. PMG Choice About Unc 58.
Fr. 2113-A $50 1963A Federal Reserve Note. PMG About Uncirculated 55.

This is an evenly matched small size trio.
A Quartet of World War II Emergency Issues PMG Very Fine 25 or Better.
These four emergency notes from the Second World War have all been encapsulated by PMG and are problem free for the assigned grade. They include a $1 1935A Hawaii graded About Uncirculated 55, a 1934A Hawaii $10 graded Choice Very Fine 35, a 1934A Hawaii $20 graded Very Fine 25, and a 1934A North Africa $10 graded Choice Very Fine 25.
A Trio From the Second World War. Very Fine or Better.
This little group of World War II emergency notes includes a 1935A Hawaii $1 in Choice CU, a 1934A Hawaii $20 in VF with a couple of small stains, and a 1935A $1 North Africa in Choice AU with nice margins.
$5 Legal Tender Notes. Six Examples. Choice Crisp Uncirculated.
This lot has a 1928C; a 1953A; two 1953Bs; and two 1963s.
Recent $1; $2; $5; $10; $20; $50; and $100 Federal Reserve Notes. Choice Crisp Uncirculated or Better.
This lot has 214 $1 FRNs; 12 $2 FRNs; 124 $5 FRNs; 88 $10 FRNs; 48 $20 FRNs; 28 $50 FRNs; and 20 $100 FRNs from Series 1995 to Series 2004. There are a few Stars found within this grouping. There is a total of $6098 face in this lot. There will be no returns on this lot for any reason.
Matching Serial Number - $1; $10; $20. Gem Crisp Uncirculated.
This lot has a $1 St. Louis Series 2006; a $10 Atlanta Series 2004A; and a $20 Atlanta Series 2006 all three with palindrome serial number 31111113.
Error Notes
Fr. 1936-F $2 1995 Federal Reserve Notes. Three Consecutive Examples. Gem Crisp Uncirculated.
This trio of Deuces are all missing some ink on parts of the design, primarily toward the top margin.
From The Collection of Albert Rollins
Fr. 2075-B $20 1985 Federal Reserve Note. PMG About Uncirculated 55 EPQ.
This New York $20 missed its first printing. This is a great denomination for this type of error.
Fr. 1909-A $1 1977 Federal Reserve Note. Choice Crisp Uncirculated.
Aside from a few ink smears, the back is completely blank on this $1 FRN.
Fr. 1914-J $1 1988 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
Just a small strip got printed on the back of this KC $1. These are more scarce than complete blank backs
Fr. 1919-G $1 1993 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
This partial blank back is missing over 80% of its reverse design.
From The Collection of Albert Rollins
Fr. 1980-E $5 1988A Federal Reserve Note. PCGS Very Choice New 64PPQ.
The back of this choice $5 FRN is completely blank except for a small strip on the right side.
Fr. 2028-E $10 1988A Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
The visual effect is quite dramatic on this $10 FRN that has a 75% blank back. The wide margins add to its appeal.
From The Collection of Albert Rollins
Fr. 1614 $1 1935E Silver Certificate. Fine.
An inverted third printing is found on this $1 Silver that incredibly spent quite a bit of time in circulation before it was finally set aside. This type of overprint error is very scarce on such an early issue. A bit of graffiti on the face and a stain on the back are noticed.
Fr. 2071-B $20 1974 Federal Reserve Note. Extremely Fine-About Uncirculated.
We have not seen too many examples of this type of error on a $20 over the years. This lightly circulated example is nicely centered on both sides.
Fr. 2075-B $20 1985 Federal Reserve Note. PMG Choice About Unc 58 EPQ.
A most attractive note bearing an inverted third printing and the accompanying cutting error.
Fr. 1925-L $1 1999 Federal Reserve Note. PMG About Uncirculated 55.
This San Fran note is missing the green overprint.
Fr. 2027-? $10 1985 Federal Reserve Note. PMG Very Fine 30.
The district is unknown due to this $10 missing its third printing.
Fr. 1908-E $1 1974 Federal Reserve Notes. Two Consecutive Examples. Choice Crisp Uncirculated.
The third printing is on the back of this consecutive pair of Richmond $1s.
Fr. 1903-F $1 1969 Federal Reserve Note. Fine-Very Fine.
This is an example of the famous F68/67 mismatch serial number. These had already been in circulation for awhile in Atlanta before the public caught on in the mid-1970s. Included with this lot is a Fr. 1913 $1 1985 FRN in VF with an ink jet failure on the back covering 40% of the note.
Fr. 1621 $1 1957B Silver Certificate. PMG Choice Uncirculated 64 EPQ.
Only better centering keeps this popular mismatch serial number note from reaching the gem grade.
Fr. 1903-F $1 1969 Federal Reserve Note. Very Fine.
This is an example of the famous F68/67 mismatch serial number. These had already been in circulation for a while in Atlanta before the public caught on in the mid-1970's.
Fr. 1973-J $5 1974 Federal Reserve Note. Extremely Fine-About Uncirculated.
It has been a while since we have had this J36/J35 error at auction. This lightly circulated example has excellent margins.
Fr. 1928-C $1 2003 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
The green overprint is drastically awry on this Philly $1.
Fr. 1935-A $2 1976 Federal Reserve Note. Choice Crisp Uncirculated.
The third printing is shifted a bit to the right on this choice Bicentennial Deuce.
From The Collection of Albert Rollins
Fr. 1963-C $5 1950B Federal Reserve Note. Choice Crisp Uncirculated.
The third printing is shifted so far to the right that the left serial number has its suffix letter touching Lincoln's shoulder on this middle era $5 FRN.
From The Collection of Albert Rollins
Fr. 1965-L $5 1950D Federal Reserve Note. Gem Crisp Uncirculated.
The third printing is shifted so dramatically on this gem $5 Fed that it almost reaches the right margin.
From The Collection of Albert Rollins
Fr. 1969-D $5 1969 Federal Reserve Note. PMG Superb Gem Unc 67 EPQ.
A significant downward shift of the third printing is seen on this superb Cleveland $1 FRN.
From The Collection of Albert Rollins
Fr. 1969-G $5 1969 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The third printing is shifted dramatically downward and slightly to the left on this choice $5 FRN.
From The Collection of Albert Rollins
Fr. 1973-G $5 1974 Federal Reserve Note. Choice Crisp Uncirculated.
The third printing is shifted down and to the right which has resulted in a cutting error that shows a sliver of the adjacent note as well as a gigantic bottom margin.
From The Collection of Albert Rollins
Fr. 2171-G $100 1985 Federal Reserve Note. PCGS Gem New 66PPQ.
We have certainly seen a few of these shifted printing errors that also result in a cutting error showing a piece of an adjacent note. However, rarely do we see it on a note of the $100 denomination.
Fr. 2030-B $10 1993 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
This $10 has a 100% medium dark back to face offset.
Fr. 1911-C $1 1981 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This gem $1 FRN has a 100% face to back dark offset and is a nice representative of this error type.
From The Collection of Albert Rollins
Fr. 1921-E $1 1995 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
This Richmond $1 has a 100% medium dark face to back offset. This is a eye-catching error.
Fr. 2027-A $10 1985 Federal Reserve Note. PMG About Uncirculated 50 EPQ.
The district seal and numbers have been offset on the back of this lightly circulated $10 FRN.
Two Fr. 2029-B $10 1990 Federal Reserve Notes. Very Choice Crisp Uncirculated.
This pair of pack fresh $10 FRNs exhibit a nice 100% back to face offset that is very impressive for this type of error.
Fr. 2072-D $20 1977 Federal Reserve Note. PMG About Uncirculated 55 EPQ.
A neat, complete and fairly dark face to back offset is noticed on this nicely margined $20 Fed.
From The Collection of Albert Rollins
Fr. 1908-G $1 1974 Federal Reserve Notes. Two Consecutive Examples. About Uncirculated.
This pair with black ink smears on their faces are consecutively serial numbered.
Fr. 1935-L $2 1976 Federal Reserve Note. About Uncirculated.
A nice black ink smear is found on the face of this Bicentennial Deuce. Errors on Twos are always in demand.
Fr. 1915-L $1 1988A Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Severe underinking has definitely affected the majority of the face of this gem San Francisco $1 FRN.
Fr. 1915-B $1 1988A Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
The second printing was very light on this error.
Fr. 1917-A $1 1988A Web Federal Reserve Note. PMG Gem Uncirculated 66 EPQ.
Almost one-half of the back has been affected by a large solvent smear, marking this as one of only a handful of web note errors we've ever seen offered for sale.
From The Collection of Albert Rollins
Fr. 1980-B $5 1988A Federal Reserve Note. Gem Crisp Uncirculated.
The face is lightly printed on this New York $5 producing a ghost-like image of Abraham Lincoln. Light printings are much scarcer than entirely missing printings.
From The Collection of Albert Rollins
Fr. 1984-F $5 1995 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
Ink jet failure caused approximately 40% of the back of this Atlanta $5 not to be printed.
Fr. 2300 $1 1935A Hawaii Silver Certificate. PMG Extremely Fine 40 EPQ.
A small obstruction error is seen in the upper right corner of this lightly circulated Hawaiian Ace. While this certainly can not be classified as a major error, any type of error found on a Hawaii note is definitely unusual.
Fr. 1907-E $1 1969D Federal Reserve Note. Gem Crisp Uncirculated.
This is a very unusual cutting error. After a normal printing, the sheet received a crease prior to being cut which resulted in this $1 FRN with very unusual margins.
Fr. 2010-B $10 1950 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ.
A dramatic solvent smear covers approximately one-third of the back.
Large Size
Fr. 16 $1 1862 Legal Tender PMG Very Fine 20. Bold colors are noted on both sides of this mid-grade example. The paper is especially bright, and unaffected by age like so many examples of this issue.
Fr. 16 $1 1862 Legal Tender PMG Choice Fine 15. The folds on this issue are commensurate of a VF grade. They are a little heavy towards the margins which caused a few little splits as noted by PMG.
Fr. 16 $1 1862 Legal Tender PMG Choice Fine 15 Net. The color is still quite bold on this piece that shows some splits.
Fr. 17a $1 1862 Legal Tender PMG Very Fine 20. The paper is largely unaffected by age and the seal is bold.
Fr. 17a $1 1862 Legal Tender Fine. No tears or pinholes are noted on this original example.
Fr. 18 $1 1869 Legal Tender PMG Fine 12. This note is well margined and delivers splendid color for an average circulated note. The Rainbow series remains an elusive issue.
Fr. 18 $1 1869 Legal Tender PMG Very Good 10. Honest wear drapes this $1 Rainbow. The solid star at the end of the serial number does not signify a replacement note, but is a printer's embellishment mark to designate the end of the serial number.
Fr. 26 $1 1875 Legal Tender PMG About Uncirculated 55. A nice high-end representation for type.
Fr. 26 $1 1875 Legal Tender PCGS Apparent Extremely Fine 40. A couple too many folds preclude an AU grade. The overprint is bold, and the paper wholly original. There is a minuscule edge tear in the top margin which has been noted by PCGS.
Fr. 27 $1 1878 Legal Tender PMG Extremely Fine 40. A hint of margin restoration does not affect the overall color of this pleasing note.
Fr. 28 $1 1880 Legal Tender PMG Choice Very Fine 35. The seal, serial numbers and paper rarely come better looking than on this note. Each is perfect for even a CU note. Some embossing is still visible on the seal.
Fr. 29 $1 1880 Legal Tender PMG Choice Extremely Fine 45. Design elements from the seal are boldly embossed and seen on the back. The colors are bold and unabated.
Fr. 29 $1 1880 Legal Tender PMG Choice Extremely Fine 45. Three light bends are noted, but are almost invisible unless the note is viewed from the back.
Fr. 29 $1 1880 Legal Tender Very Fine. A most pleasing VF with vivid colors and ideal paper. A lone pinhole may be this perfect note's only mentionable distraction.
Fr. 34 $1 1880 Legal Tender PMG About Uncirculated 50. Nice margins are seen on this colorful Legal Ace that has a centerfold and some light handling.
Fr. 34 $1 1880 Legal Tender PMG Choice Very Fine 35. No significant folds are seen on this 1880 Legal Tender Ace.
Fr. 34 $1 1880 Legal Tender PMG Very Fine 30. The grade certainly seems a bit conservative for this 1880 Small Red Seal Ace that faces up quite nicely.
Fr. 35 $1 1880 Legal Tender PMG Choice Extremely Fine 45. This vividly colored issue faces up like a full AU or better. The Gem sized margins and deeply printed devices add to the eye appeal.
Fr. 36 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. This D plate position note surprisingly is cut close at the bottom, likely preventing this vividly printed note from the gem grade.
Fr. 36 $1 1917 Legal Tender PMG Choice Uncirculated 64. An attractive note for the grade with better margins and color than one would expect.
Fr. 36 $1 1917 Legal Tender PMG Choice About Unc 58 EPQ. This "Sawhorse" is well margined and deeply embossed.
Fr. 36 $1 1917 Legal Tender Fancy Serial Number PMG Choice About Unc 58 EPQ. This note carries a cute descending ladder serial number of A544543A. Fancy serial numbers on Large Size are always popular.
Fr. 37 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ.
Fr. 37 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. Embossing, bright paper, and nice dark inks are highlights of this Ace.
Fr. 37 $1 1917 Legal Tender PMG Choice About Unc 58 EPQ. A bold red overprint adds to the eye appeal of this issue.
Fr. 37 $1 1917 Legal Tender Star Note PMG Apparent Fine 15. This piece certainly has all the body of a Fine, though a corner tip is missing as described by PCGS.
Fr. 37 $1 1917 Legal Tender Star Note PMG Fine 12. This mid-grade star still shows a sufficiently bright overprint.
Fr. 38 $1 1917 Mule Legal Tender PMG Choice Uncirculated 64 EPQ. Embossing is noticed through the holder on this Mule Ace.
Fr. 38 $1 1917 Mule Legal Tender PMG Choice Uncirculated 64 EPQ. John Burke Back Plate #1964 is found in the mule position on this nicely margined and embossed Legal Ace. Fr. 38 is a somewhat tougher Friedberg number for this type and as a mule it is even more desirable. Not many could argue with the eye appeal offered by this exceptional piece.
Fr. 38 $1 1917 Mule Legal Tender PCGS New 62PPQ. This piece is uninterrupted by problem it is simply a point away from Choice because the margins are a touch smaller than required for the grade. A boldly embossed and still perfectly original piece.
Fr. 39 $1 1917 Legal Tender PMG Gem Uncirculated 65 EPQ. Thin, but near-perfect margins are seen on this piece. To demonstrate how little space was available for cutting, the bottom margin shows part of the next note on the sheet.
Fr. 39 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. This crisp note retains plenty of strong color.
Fr. 39 $1 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. The grade is limited only by the tight margin at lower right. Still a colorful and pleasing note.
Fr. 39 $1 1917 Legal Tender PCGS Very Choice New 64PPQ. An excellent example for type.
Fr. 39 $1 1917 Legal Tender PMG Choice Uncirculated 64. Original surfaces are noticed on this bright example.
Fr. 39 $1 1917 Legal Tender CGA Choice Uncirculated 64. Bold embossing is noted on this piece.
Fr. 39 $1 1917 Legal Tender PMG Choice Uncirculated 63 EPQ. The perfectly original paper waves are not hidden in the third party holder.
Fr. 39 $1 1917 Legal Tender New. Cut too close to the bottom to make Choice, but a pretty example nonetheless.
Fr. 39 $1 1917 Legal Tender PMG Choice About Unc 58 EPQ. This is a bright note that hides well the reason for the grade.
Fr. 39 $1 1917 Legal Tender PMG Choice About Unc 58. A brightly colored ace with all the eye appeal of an uncirculated note.
Fr. 39* $1 1917 Legal Tender Star Note PMG Very Fine 25. The colors remain bright on this 1917 Legal Star Ace.
Fr. 39 $1 1917 Legal Tender Star Note PCGS Very Fine 25. The overprint contrasts nicely against the white paper, easily revealing its status as a replacement note.
Fr. 40 $1 1923 Legal Tender PCGS New 62. The top margin appears too small for this to reach the Choice grade.
Fr. 40 $1 1923 Legal Tender PMG Choice About Unc 58. This bright Legal Tender Ace just misses the New grade.
Fr. 40 $1 1923 Legal Tender PMG Choice About Unc 58. This piece is ever so close to a full CU grade. A small spot is noted in the bottom margin, but is far outside the prime focal area.
Fr. 40 $1 1923 Legal Tender PMG About Uncirculated 55. A couple of corner tip folds and some handling have eliminated this bright Legal Ace from New status.
Fr. 40 $1 1923 Legal Tender PMG About Uncirculated 55. Bright inks accent the eye appeal on this lightly handled note that is always desirable for type. While PMG has awarded this colorful Ace their accolade "Great Embossing", they have also noted the miniscule edge split in the left margin.
Fr. 40 $1 1923 Legal Tender PMG About Uncirculated 55. Decent margins frame this colorful Legal Tender Ace.
Fr. 40 $1 1923 Legal Tender PMG Choice Extremely Fine 45 EPQ. A dark third printing, white paper, and light handling are traits of this pretty Ace.
Fr. 40 $1 1923 Legal Tender PMG Choice Extremely Fine 45. A dark third printing, white paper, and light handling are traits of this Ace.
Fr. 40 $1 1923 Legal Tender PMG Choice Extremely Fine 45. Traces of embossing are noted on this attractive and vividly colored Legal Tender Ace.
Fr. 40 $1 1923 Legal Tender PMG Extremely Fine 40. Broad margins and lots of bright ink color highlight this 1923 Red Seal Ace.
Fr. 40 $1 1923 Legal Tender Extremely Fine. A few barely discernable folds are found on this well embossed Legal Ace that possesses a vivid overprint.
Fr. 40 $1 1923 Legal Tender PMG Choice Very Fine 35. The color is bright as is the paper. This piece would have surely received and EPQ comment were it not for a few pinholes that are noted by PMG.
Fr. 40 $1 1923 Legal Tender PMG Very Fine 30. The most intricate details of the overprint are still boldly embossed.
Fr. 41 $2 1862 Legal Tender PMG Very Good 8. This is a well circulated yet very pleasing example of this scarcer legal tender type that has some edge tears which is wholly consistent with the grade.
Fr. 43 $2 1874 Legal Tender PMG Very Good 8. A tiny edge nick or two is observed that is typical for this grade level. However, this veteran of 19th Century commerce retains nice color.
Fr. 50 $2 1880 Legal Tender PMG Very Fine 25. Despite a touch of toning, the printed design details remain bold, including a deep brown seal.
Fr. 52 $2 1880 Legal Tender PMG Very Fine 30. A pleasing, natural VF, with strong remaining colors.
Fr. 57 $2 1917 Legal Tender PMG About Uncirculated 53. Well margined for the type with good color and a very nice overall appearance.
Fr. 57 $2 1917 Legal Tender PMG Choice Extremely Fine 45. This Teehee-Burke signed issue is as bold as one will find for printed details.
Fr. 57 $2 1917 Legal Tender Star Note PMG Very Good 8. Evenly circulated paper is noted on this replacement note.
Fr. 60 $2 1917 Legal Tender PMG Choice Uncirculated 64 EPQ. Other than for slight tightness at the bottom, this 1917 Deuce would be a perfect Gem.
Fr. 60 $2 1917 Legal Tender PMG Choice Uncirculated 64. The front to back centering and even margins add to the appearance.
Fr. 60 $2 1917 Legal Tender PMG Choice Uncirculated 63 EPQ. This nicely preserved Deuce has kept its bright white paper and dark inks.
Fr. 60 $2 1917 Legal Tender PMG Choice About Unc 58 EPQ. A soft center fold is visible on this vivid $2 Legal.
Fr. 60 $2 1917 Legal Tender PMG About Uncirculated 55. An attractive piece with bold margins on three sides.
Fr. 60 $2 1917 Legal Tender PMG About Uncirculated 53 EPQ. A very light fold is all that can be seen through the PMG holder on this vividly colored Legal Deuce.
Fr. 60 $2 1917 Legal Tender PMG About Uncirculated 53. Bright inks and pleasing surfaces are seen through the third party holder on this well margined Deuce.
Fr. 60 $2 1917 Legal Tender PMG About Uncirculated 50. A couple of folds are seen on this well embossed Deuce.
Fr. 60 $2 1917 Legal Tender Star Note PMG Very Fine 30 EPQ. Few VFs exhibit the detail in color that is noted on this piece. The serial numbers are especially attractive.
Fr. 60 $2 1917 Legal Tender Star Note Very Fine. This is a bright replacement that is well margined with deep color.
Fr. 60 $2 1917 Legal Tender Star Note Very Fine. A pleasing mid-grade example that boast bright white paper and vivid colors.
Fr. 61a $5 1862 Legal Tender PCGS Fine 15. This is a nice example of the variety that has the added "Series" to the note, with this $5 being from Series 115.
Fr. 61a $5 1862 Legal Tender PMG Very Good 8. Overall this note has a nice appearance for the assigned grade level. There is some slight edge roughness which is primarily confined to the top and right margins.
Fr. 62 $5 1862 Legal Tender PMG Good 6. This is a much scarcer Friedberg Number of this design type. The body of the note is fairly bright but the margins have suffered some damage as noted on the PMG holder.
Fr. 69 $5 1878 Legal Tender Very Fine. Great looking example for the grade. Dark spot at lower right on back of note is something embedded in the paper.
Fr. 80 $5 1880 Legal Tender About New. This original $5 has the appearance of a new note at first glance with its exceptional embossing, bright paper, and dark inks. The handling is light folds in each corner of varying degrees.
Fr. 80 $5 1880 Legal Tender PMG Choice Very Fine 35. This $5 shows embossing while the label reads tears.
Fr. 85 $5 1907 Legal Tender Choice About New. A long corner bend precludes a full Very Choice grade.
Fr. 86 $5 1907 Legal Tender Very Fine. A perfect VF, with bold colors. The current census indicates, only about sixty examples of this scarce woodchopper are known.
Fr. 88 $5 1907 Legal Tender PMG About Uncirculated 55. This note has great eye appeal and shows the lightest of circulation. The paper is clean and bright with great print quality and color.
Fr. 88 $5 1907 Legal Tender Extremely Fine-About New. A lone folds and some handling account for the grade.
Fr. 90 $5 1907 Legal Tender PCGS Choice About New 58. This Friedberg number is at least ten times scarcer than Fr. 91. Bright, white paper and dark inks complement each other on this pretty Woodchopper on which it is difficult to discern any evidence of circulation.
Fr. 91 $5 1907 Legal Tender PMG Choice Uncirculated 63 EPQ. This Woodchopper has earned the coveted EPQ designation which attests to its originality.
Fr. 91 $5 1907 Legal Tender PCGS Choice New 63PPQ. Each of the design elements is well embossed and the colors are excellent. The margins are similar to what we've seen on many Gems.
Fr. 91 $5 1907 Legal Tender PMG Choice Uncirculated 63 EPQ. This bright Woodchopper has plenty of embossing visible.
Fr. 91 $5 1907 Legal Tender PCGS Choice New 63. This note was the second note on the sheet, and obviously gave margin space up to notes one and three.
Fr. 91 $5 1907 Legal Tender PMG Choice Uncirculated 63. The margins are similar to what we see on Gems, and the embossing is bold. The corners are not nearly as sharp as one would expect for a full Gem.
Fr. 91 $5 1907 Legal Tender PCGS Choice New 63. This is a colorful Woodchopper that is adequately centered.
Fr. 91 $5 1907 Legal Tender PCGS New 62. When this note was cut from the sheet, it was cut a little too close to the design for this piece to earn a higher grade. Its color and overall eye appeal are still excellent.
Fr. 91 $5 1907 Legal Tender PMG About Uncirculated 55. "Great Embossing" is noted by PMG and its presence is quite obvious, even in the holder.
Fr. 91 $5 1907 Legal Tender PMG About Uncirculated 55 Net. Some embossing is still easily seen on this Woodchopper. PMG notes tear repair.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PMG Choice Extremely Fine 45. This is a pleasing example of this popular engraving error.
Fr. 91 $5 1907 Legal Tender PMG Choice Extremely Fine 45. A cherry red overprint is noted on this Woodchopper.
Fr. 91 $5 1907 Legal Tender PMG Choice Extremely Fine 45. A dark red third printing, white paper, and light handling define this attractive Woodchopper.
Fr. 91 $5 1907 Legal Tender PMG Extremely Fine 40 EPQ. A bright and attractive piece with vivid printed details.
Fr. 91 $5 1907 Legal Tender "PCBLIC ERROR" PMG Extremely Fine 40. This piece, which features the "PCBLIC" engraving error faces up like a full AU. The overprint is especially attractive.
Fr. 91 $5 1907 Legal Tender PMG Extremely Fine 40. The paper is white, the inks are dark, while the folds are at a minimum for the assigned grade.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PCGS Extremely Fine 40. Close examination reveals some original embossing and the coveted PCBLIC error in the clause on back.
Fr. 91 $5 1907 Legal Tender PMG Choice Very Fine 35. The moderate wear has not diminished the attractiveness of this Woodchopper.
Fr. 91 $5 1907 Legal Tender PMG Very Fine 30 EPQ. Bright paper and remaining embossing helped earn this piece an "Exceptional Paper Quality" descriptor.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PCGS Very Fine 30. An attractive and evenly circulated example of this popular Woodchopper type that has the always popular "PCBLIC" engraving error located on the sixth line of the obligation clause.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PMG Very Fine 30. The paper is fresh and bright and would have likely received the coveted EPQ designation if there were not a hint of soiling on the back.
Two Examples Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PMG Very Fine 25. This pair is perfectly matched for grade and both pieces exhibit the "PCBLIC" engraving error. One of the notes has some rust which PMG has disclosed on the holder.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PMG Very Fine 25. A pleasingly original example of the "PCBLIC" engraving error.
Fr. 91 $5 1907 Legal Tender PMG Very Fine 25. Each of the design elements was printed in bold detail.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PMG Very Fine 25. The serial numbers and seal remain sufficiently bold for the grade.
Fr. 91 $5 1907 Legal Tender PMG Very Fine 20. This Woodchopper at first glance has the eye appeal of a note that is at the higher end of the VF grading scale.
Fr. 91 $5 1907 Legal Tender "PCBLIC" Error PMG Very Good 10 Net. This engraving error is still very easy to spot in this piece. PMG comments on a few splits.
Fr. 94 $10 1863 Legal Tender Good. The note comes with frayed edges, tears, and a few pinholes. Nonetheless, a chance to add some real history from the Civil War era to your collection.
Fr. 102 $10 1880 Legal Tender PMG Fine 12. The moderate wear on this note has not affected the bold color of the seal and serial numbers. A minor split is noted in the lower margin, but does not affect the eye appeal.
Fr. 107 $10 1880 Legal Tender PMG Very Good 10. Signs of even circulation are seen on this sawbuck.
Fr. 113 $10 1880 Legal Tender PMG Choice Fine 15. This is the last Friedberg number for the popular "Jackass" design, where legend has it that a disgruntled engraver, a Democrat, engraved the lower center eagle to resemble a head of a jackass when the note is turned upside down.
Fr. 114 $10 1901 Legal Tender PMG Choice Fine 15. This is the first Friedberg number for the Bison design and it is much scarcer than the last Friedberg Bison number. In fact over five times scarcer.
Fr. 114 $10 1901 Legal Tender PMG Fine 12. Bisons continue to climb in popularity and price every year.
Fr. 117 $10 1901 Legal Tender PMG Fine 12. Fr. 117 is the second scarcest of the Friedberg numbers. This is a well circulated Bison that is problem free for the assigned grade.
Fr. 118 $10 1901 Legal Tender Fine. An original and problem free example with great eye appeal for the grade.
Fr. 119 $10 1901 Legal Tender PMG Very Fine 25 Net. This is an unusually attractive Bison with bright paper and bold color. Upon close examination, it does have a couple of repaired margin tears as noted on the PMG holder.
Fr. 121 $10 1901 Mule Legal Tender PMG Choice Fine 15. Back plate number 292 is observed in the Mule position on this evenly circulated $10.
Fr. 121 $10 1901 Legal Tender PCGS Fine 15. Each of the devices remains strong for the grade.
Fr. 121 $10 1901 Mule Legal Tender PMG Choice Fine 15. Back plate number 317 inhabits the Mule position on this $10.
Fr. 121 $10 1901 Mule Legal Tender Fine. The overprint remains vivid on this evenly circulated Bison.
Fr. 122 $10 1901 Legal Tender Fine-Very Fine. The paper is still quite firm for just a Fine grade. A bit of bleeding is noted on the overprint.
Fr. 122 $10 1901 Legal Tender PMG Choice Fine 15. This Bison displays honest wear and besides a few minor edge imperfections is pleasing.
Fr. 122 $10 1901 Legal Tender PMG Very Good 10. A dark red overprint is retained by this Bison that is perfect for the collector on a budget.
Fr. 126 $20 1863 Legal Tender PMG Good 4 Net. This is a scarce Friedberg number no matter what the grade, with 30 serial numbers listed in Track & Price. Numerous pieces are missing but the design elements are mostly clear.
Fr. 142 $20 1880 Legal Tender PMG Choice Fine 15. The eye appeal is so very close to full VF.
Fr. 144 $20 1880 Legal Tender PMG Very Fine 20. This Vernon-Treat signed note is one of 42 example recorded in the census. The paper is solid and attractive for the grade. The seal and serial numbers are unaffected by age.
Fr. 147 $20 1880 Legal Tender Extremely Fine. This $20 has been folded into fourths leaving three vertical folds behind.
Fr. 147 $20 1880 Legal Tender CGA Very Fine 35. This note, including the regal portrait of Hamilton, faces up quite nicely for the grade.
Fr. 147 $20 1880 Legal Tender PMG Very Fine 25. The most common of the 1880 $20 Legals, and a perfect example of the VF 25 grade. Good color and margins.
Fr. 147 $20 1880 Legal Tender PMG Very Fine 20. This Red Seal offers snappy paper with well defined margins and vibrant color on the overprints. This last issue is a must have for the type collector.
Fr. 147 $20 1880 Legal Tender PMG Very Good 10. This is the Friedberg number for this design that you want for type.
Fr. 216 $1 1886 Silver Certificate PMG Choice Fine 15. The paper remains quite bright on this still-colorful Fine.
Fr. 217 $1 1886 Silver Certificate PMG Very Fine 30. This problem-free Martha has colors that are solid for the grade.
Fr. 217 $1 1886 Silver Certificate PMG Choice Fine 15. This Friedberg number introduces the large red seal to the Martha design.
Fr. 218 $1 1886 Silver Certificate PMG Choice Fine 15. This Martha Washington note with large red seal has seen some circulation but is very attractive. The margins are excellent and the note is bright with good surfaces. A single pinhole is noticed.
Fr. 219 $1 1886 Silver Certificate PMG Very Fine 25. This Brown Seal Martha has excellent margins and bright color.
Fr. 220 $1 1886 Silver Certificate PMG Very Fine 25. Despite being a VF for the number of folds, it is likely that this piece actually spent very little time in circulation. The colors are as fresh as they were printed.
Fr. 220 $1 1886 Silver Certificate PMG Very Fine 20. The colors are bright, though PMG notes some splits where the folds meet the margins.
Fr. 222 $1 1891 Silver Certificate PMG Very Fine 25. This is a lovely mid range example of this much scarcer Friedberg number which is outranked by its type counterpart by almost a three to one ratio.
Fr. 223 $1 1891 Silver Certificate PMG Very Fine 25. A nice type representation for the mid-grade collector.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 30. The design details are still very bold.
Fr. 224 $1 1896 Silver Certificate PCGS Apparent Very Fine 30. This piece shows all the body of a VF, though two rust stains are noted by PCGS.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 25. Large margins frame this moderately circulated Educational Ace.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 25. This is an evenly circulated example of this ever popular issue.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 25. An evenly circulated, well margined Educational Ace that is problem free for the assigned grade.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 25. This is a nicely margined Educational Ace that faces up at an even higher grade with more of the fold evidence on the back.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 25. This $1 Ed is a nice representative for the type at this grade level.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 20. The paper is solid and well margined with a bold seal and serial numbers. There are a few traces of rust stains on the back and they have been noted by PMG.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 20. If you are looking for an attractive mid-grade Educational Ace for your collection, this example will fill the bill. Relatively clean for the grade, the colors are bright and the margins are certainly acceptable.
Fr. 224 $1 1896 Silver Certificate PMG Very Fine 20. The paper here is virtually uninterrupted by the few folds that account for the grade. There are some splits mentioned by PMG.
Fr. 224 $1 1896 Silver Certificate Very Fine. Every inch of this note has the body of a VF. The colors are ideal for the grade, though there is some evidence of minor restoration on the back.
Fr. 224 $1 1896 Silver Certificate PMG Very Good 10. Several splits are observed in the margins of this well circulated Educational Ace and PMG has noted them, too.
Fr. 224 $1 1896 Silver Certificate PMG Very Good 10 Net. This piece has a solid, fine appearance at center, though the margins are a little rough. PMG calls them distressed.
Fr. 225 $1 1896 Silver Certificate PMG Very Fine 25. This is a nice bright mid-grade $1 Educational from the much scarcer signature combination of the two for this design.
Fr. 225 $1 1896 Silver Certificate PCGS Fine 15. This is an evenly circulated $1 Ed that has healthy edges. This Friedberg number is over three times scarcer than its design mate of Friedberg 224.
Fr. 225 $1 1896 Silver Certificate PMG Choice Fine 15. This piece has much of the eye appeal that a full VF note would exhibit. There are two tiny margin tears at top which are mentioned by PMG.
Fr. 225 $1 1896 Silver Certificate PMG Very Good 8. This is by far the much scarcer of the two Friedberg numbers for this Educational type. It is obviously well circulated but is a pleasing example for the type.
Fr. 225 $1 1896 Silver Certificate PMG Very Good 8 Net. This piece is net graded due to a piece missing in the bottom margin.
Fr. 226 $1 1899 Silver Certificate PMG Choice Extremely Fine 45. A few light folds are present, but the eye appeal is everything that one would expect from this issue. The centering is superb and there are even traces of original embossing.
Fr. 226a $1 1899 Silver Certificate PCGS Choice About New 55PPQ. Just some light handling is seen on this bright Black Eagle that retains original embossing.
Fr. 226a $1 1899 Silver Certificate Extremely Fine-About New. This bright white issue shows a bold overprint. There is a little bit of scruffiness at top.
Fr. 226a $1 1899 Silver Certificate PCGS Apparent Very Fine 30. A stray ink mark on the face has resulted in an "apparent" grade from PCGS for this boldly printed Black Eagle that retains some original embossing.
Fr. 227 $1 1899 Silver Certificate PMG Choice Very Fine 35. Traces of embossing remain on this bright Black Eagle where the folds are just a bit too strong to reach the full XF grade.
Fr. 227 $1 1899 Silver Certificate PMG Choice Very Fine 35. The corners remain razor sharp and the paper remains quite bright.
Fr. 228 $1 1899 Silver Certificate PMG Very Fine 30. A pleasing Vernon-Treat signed note. The margins are broad and add a "little extra" to the appearance.
Fr. 229 $1 1899 Silver Certificate About Uncirculated. Only a couple of faint folds keep this gorgeous, well embossed Black Eagle from a Choice CU grade.
Fr. 229 $1 1899 Silver Certificate PCGS Extremely Fine 40PPQ. Nice embossing can be seen through the PCGS holder on this bright Black Eagle.
Fr. 229 $1 1899 Silver Certificate PCGS Very Fine 25. The paper is bright for the grade, as is the overprint.
Fr. 230 $1 1899 Silver Certificate Crisp Uncirculated. Just some slight traces of handling are seen on this pretty Black Eagle that comes with superb color and has claims to the Choice category.
Fr. 230 $1 1899 Silver Certificate Choice About Uncirculated. A ghost of a centerfold is seen on this beautiful Black Eagle that has wonderful embossing and vivid color.
Fr. 230 $1 1899 Silver Certificate PCGS Choice About New 58. Just some light handling is observed through the third party holder of this bright Black Eagle.
Fr. 230 $1 1899 Silver Certificate PMG Choice Extremely Fine 45. Traces of embossing are found on this lightly circulated Black Eagle that has bright color and nice margins.
Fr. 230 $1 1899 Silver Certificate PMG Choice Very Fine 35. This piece shows essentially four folds. The paper is unhindered by circulation and remains quite bright.
Fr. 230 $1 1899 Silver Certificate PCGS Very Fine 30. A pleasing issue with all the look of an EF or better.
Fr. 230 $1 1899 Silver Certificate PCGS Very Fine 25. Natural surfaces are seen through the PCGS holder.
Fr. 232 $1 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. A slightly larger top margin would have surely earned this exceptional Black Eagle a Gem grade.
Fr. 232 $1 1899 Silver Certificate CGA Choice Uncirculated 64. A slightly tight top margin is likely what held this note at the 64 level, as it appears Gem in every other sense.
Fr. 232 $1 1899 Silver Certificate PMG About Uncirculated 55. Embossing and vibrant color are found on this Black Eagle that has just a light corner fold and some handling.
Fr. 233 $1 1899 Silver Certificate CGA Gem Uncirculated 66. Embossing is visible through the third-party holder.
Fr. 233 $1 1899 Silver Certificate PMG Choice Uncirculated 64 EPQ. This is a very nice example of this Black Eagle type that has bold ink colors, broad margins and excellent embossing. Save for a tight bottom margin, this piece would have achieved Gem status.
Fr. 233 $1 1899 Silver Certificate PCGS Very Choice New 64PPQ. This Black Eagle is well printed with plenty of embossing noticed through the third party holder.
Fr. 233 $1 1899 Silver Certificate Choice About New. A handsome, very well margined Black Eagle with a ghost of a corner-fold at the upper left.
Fr. 233 $1 1899 Silver Certificate PCGS About New 50. A light centerfold is found on this colorful Black Eagle that appears CU at first glance.
Fr. 233 $1 1899 Silver Certificate PMG Choice Extremely Fine 45. This Black Eagle has decent margins and remains quite colorful.
Fr. 233 $1 1899 Silver Certificate PMG Choice Extremely Fine 45. The printed details on this Ace are as dark as one will find for the issue, but it is not so dark that detail in the design is lost.
Fr. 233 $1 1899 Silver Certificate PMG Extremely Fine 40 EPQ. Three folds and perfect embossing of the overprint are seen on this colorful Ace.
Fr. 233 $1 1899 Silver Certificates. Two Consecutive Examples. PMG Choice Very Fine 35 EPQ. Strong embossing and vivid color is found on these two Black Eagles that must have been folded and then tucked away a long time ago.
Fr. 233 $1 1899 Silver Certificate PMG Choice Very Fine 35 EPQ. This sharp edged Ace has good color and very crisp paper.
Fr. 233 $1 1899 Silver Certificate PCGS Very Fine 30. This Black Eagle faces up quite nicely with most of the evidence of folds primarily on the back.
Fr. 234 $1 1899 Silver Certificate CGA Gem Uncirculated 65. The overprint is a deep blue color and some embossing is visible on the back.
Fr. 234 $1 1899 Silver Certificate PMG Choice About Unc 58. Much of the original embossing can be seen on the open back.
Fr. 234* $1 1899 Silver Certificate Star Note Very Good-Fine. This well circulated Silver star is bright for the grade on the face but the back has considerable soiling.
Fr. 235 $1 1899 Silver Certificate PCGS Very Fine 30. Even circulation and natural surfaces complement this Black Eagle.
Fr. 236 $1 1899 Silver Certificate Choice New. Embossing is strong enough to read the part of the Treasury Seal inscription that is on the white unprinted paper on the back.
Fr. 236 $1 1899 Silver Certificate PMG Choice About Unc 58 EPQ. Two faint corner tip bends are responsible for the grade. The piece is perfectly original with bold embossing and pleasing paper waves. PMG notes there are some as made paper crinkles.
Fr. 236 $1 1899 Silver Certificate PMG About Uncirculated 55. A perfect example of "vault cash", which was usually held in packs, counted and moved often, but never really circulated. As such, the body of the note is fully uncirculated with signs of circulation near the edges and corners. A few pinholes are noted.
Fr. 236 $1 1899 Silver Certificate PMG About Uncirculated 53. This lightly circulated Black Eagle has bright ink colors.
Fr. 236 $1 1899 Silver Certificate PCGS About New 53. This is a lightly circulated Black Eagle that has excellent margins and bright ink colors.
Fr. 236 $1 1899 Silver Certificate PCGS About New 50PPQ. This crisp looking note retains strong inks and bright surfaces.
Fr. 236 $1 1899 Silver Certificate Extremely Fine-About Uncirculated. Original embossing is still clearly evident on this lightly circulated Black Eagle that comes with bright paper and bold color.
Fr. 236 $1 1899 Silver Certificate PMG Choice Extremely Fine 45. Bright white Black Eagles are always welcome with these boldly printed details.
Fr. 236 $1 1899 Silver Certificate PMG Choice Extremely Fine 45. None of the printed details are interrupted by folds. The color is outstanding.
Fr. 236 $1 1899 Silver Certificate PCGS Extremely Fine 40PPQ. This Black Eagle has original paper surfaces and embossing.
Fr. 236 $1 1899 Silver Certificate PMG Extremely Fine 40 EPQ. A most pleasing consecutive pair with perfect paper quality and strong embossing.
Fr. 236 $1 1899 Silver Certificate PMG Extremely Fine 40. Bright color is a highlight of this lightly circulated example of the ever popular Black Eagle design.
Fr. 236 $1 1899 Silver Certificate PMG Choice Very Fine 35. Only one hard fold is seen on this Black Eagle. Handling and soft bends account for the rest of the grade.
Fr. 236 $1 1899 Silver Certificate PCGS Very Fine 30PPQ. Embossing remains on this bright and crispy Black Eagle that has just too many folds for a higher grade.
Fr. 236 $1 1899 Silver Certificate PCGS Very Fine 30. Original embossing is found on this attractive Black Eagle where most of the fold evidence is on the back.
Fr. 236 $1 1899 Silver Certificate PCGS Very Fine 30. This is an evenly circulated Black Eagle.
Fr. 236 $1 1899 Silver Certificate PCGS Apparent Very Fine 30. The nicely printed Black Eagle has been assigned an "apparent" grade by PCGS because of a few rust stains on the back.
Fr. 236 $1 1899 Silver Certificate PCGS Very Fine 25. This Black Eagle has remained clean with nice contrast despite some circulation.
Fr. 236 $1 1899 Silver Certificate PCGS Very Fine 25. This Black Eagle circulated evenly through commerce during its circulation migration.
Fr. 236 $1 1899 Silver Certificate PCGS Very Fine 25. The eagle vignette stands proudly on this last Black Eagle issue that is crisp and bright.
Fr. 236 $1 1899 Silver Certificate Star Note PMG Very Fine 25. This is the most available Black Eagle Star within the series. A nice example for those looking for a circulated example.
Fr. 236 $1 1899 Silver Certificate Star Note PMG Very Fine 25. The overprint is bold and attractive, an important feature for any star note.
Fr. 236* $1 1899 Silver Certificate Star Note Very Good. This well circulated Silver star has just a few edge nicks.
Fr. 237 $1 1923 Silver Certificate PMG Gem Uncirculated 66 EPQ. This is a pretty, well-margined example that really appears to have earned its lofty grade from PMG.
Fr. 237 $1 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ. The originality of this note is easily viewed through the third-party holder.
Fr. 237 $1 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ. A full Gem example of this, the most common of the Large Size type notes.
Fr. 237 $1 1923 Silver Certificate PCGS Very Choice New 64PPQ. This $1 Silver has dark inks, embossing, and natural paper ripple.
Fr. 237 $1 1923 Silver Certificate PCGS New 62. A very light stain in the lower left corner must be the reason that PCGS did not award this well centered $1 Silver a higher grade.
Fr. 237 $1 1923 Silver Certificate Apparent PCGS New 61. Nice centering is seen on this Silver Ace that had to be given an "apparent" grade by PCGS as the result of some damage in the lower left margin.
Fr. 237 $1 1923 Silver Certificate PMG Choice About Unc 58 EPQ. A bright note that exhibits a vertical fold.
Fr. 237 $1 1923 Silver Certificate PCGS Choice About New 58PPQ. A trace of a fold is all that holds this wonderfully embossed Silver Ace back from at least a Choice CU grade.
Fr. 237 $1 1923 Silver Certificate PMG Choice About Unc 58. A faint horizontal fold can be seen on this Silver Ace that has bold color and three huge margins.
Fr. 237 $1 1923 Silver Certificates. Four Consecutive Examples. PCGS About New 53PPQ or Better. Light handling is found on all four of these Silver Aces from a cut sheet that has been encapsulated by PCGS. The first three pieces have been graded 58PPQ while the bottom note received a 53PPQ rating for a more pronounced fold. Bold color and solid embossing are evident on all four examples.
Fr. 237 $1 1923 Silver Certificate PCGS About New 53. The paper is bright and the inks are dark on this lightly handled example.
Two Consecutive Fr. 237 $1 1923 Silver Certificates PMG Choice Extremely Fine 45 EPQ and About Uncirculated 55. The punch through embossing of the overprint is seen on both examples.
Fr. 237 $1 1923 Silver Certificate Star Note PMG Choice Very Fine 35. This bright Star appears to be of a higher grade due to light folds.
Fr. 237 $1 1923 Silver Certificate Star Note PMG Very Fine 25. Some of the original embossing is still easily seen in the holder.
Fr. 237* $1 1923 Silver Certificate Star Note PMG Very Fine 20. Bright color and even circulation are observed on this attractive Silver star.
Fr. 237* $1 1923 Silver Certificate Star Note Fine-Very Fine. This moderately circulated Silver star is not listed in the latest Murray census. The paper is still bright on this example that has avoided tears and pinholes.
Fr. 237* $1 1923 Silver Certificate Star Note Very Good. This Silver star is a new addition to the Doug Murray census. It is a well circulated but intact example with nice margins.
Fr. 238 $1 1923 Silver Certificate PMG Gem Uncirculated 66 EPQ.
Fr. 238 $1 1923 Silver Certificate PCGS Gem New 66PPQ. The colors are vibrant, the embossing bold, and the margins near perfect.
Fr. 238 $1 1923 Silver Certificate PMG Gem Uncirculated 65 EPQ. Even margins and punch through embossing are seen on this Silver Ace.
Fr. 238 $1 1923 Silver Certificate PCGS Choice About New 58. The A-E block was one of the last blocks to be used for large size 1923 $1 Silver Certificates.
Fr. 238 $1 1923 Silver Certificate Star Note. PMG Choice Very Fine 35. This is a bright and fresh example of this tougher star horseblanket. The color and paper are ideal on this PMG graded example. It is also unlisted in Doug Murray's Third Edition.
Fr. 238* $1 1923 Silver Certificate Star Note PMG Very Fine 25. This is a bright and fresh example of this tougher star horseblanket. The margins are decent and the color ideal on this PMG graded example.
Fr. 238 $1 1923 Silver Certificate Star Note PMG Very Fine 20. The last example in this grade sold in one of our Online Sessions for $299. Expect about the same for this bright issue.
Fr. 242 $2 1886 Silver Certificate PMG Very Good 10. The eye appeal on front and back is exceptional for the VG 10 grade.
Fr. 243 $2 1886 Silver Certificate PMG Choice Fine 15. Fr. 243 is right behind Fr. 241 as the scarcest of the Hancock Deuces.
Fr. 248 $2 1896 Silver Certificate Good. This Educational Deuce circulated aggressively until its retirement and ended up with edge roughness and missing corners. An opportunity for the budget minded collector. No returns will be accepted on this lot for any reason.
Fr. 249 $2 1899 Silver Certificate PMG Choice Very Fine 35. Hints of embossing are still visible through the holder. We are uncertain why this broadly margined issue did not garner an "EPQ" from PMG. Almost one year ago, we sold a PMG 30 for $632.50.
Fr. 249 $2 1899 Silver Certificate PMG Very Fine 25. Solid margins and bright white paper make this piece stand out among other graded 25s.
Fr. 253 $2 1899 Silver Certificate PCGS Apparent Very Good 10. Bright printed details are noted on this piece. PCGS mentions edge damage, a result of the heavy folds in the note.
Fr. 255 $2 1899 Silver Certificate PCGS Apparent Fine 15. The ink stains mentioned by PCGS are on the back and do not affect the appeal of the face.
Fr. 256 $2 1899 Silver Certificate PMG Choice Very Fine 35 EPQ. Embossing is found behind "United States of America."
Fr. 256 $2 1899 Silver Certificate PMG Choice Fine 15. This is an attractive $2 note that has a clean face. It has original paper surfaces, too. This is also a Face Plate I variety that has the plate number immediately below the plate letter in the lower right-hand corner.
Fr. 256 $2 1899 Silver Certificate Very Good-Fine. The overprint is still quite bold on this well circulated Agricultural Deuce that has some edge splits in the top and bottom margins.
Fr. 257 $2 1899 Silver Certificate Very Fine. Solid margins, bright paper, and no harsh folds make this a high end VF.
Fr. 258 $2 1899 Silver Certificate Mule PMG Choice Very Fine 35 EPQ. John Burke plate number 1011 is seen on this wholly original piece.
Fr. 258 $2 1899 Silver Certificate PMG Choice Very Fine 35. This mid-grade $2 faces up well.
Fr. 258 $2 1899 Silver Certificate PMG Very Fine 30. Vivid blue color is noted on the overprint.
Fr. 258 $2 1899 Silver Certificate PMG Very Fine 30. The surfaces remain bright on this Smillie engraved Deuce.
Fr. 258 $2 1899 Silver Certificate PMG Very Fine 25. The paper boasts full originality and a bold blue overprint.
Fr. 258 $2 1899 Silver Certificate PMG Very Fine 25. This is a pleasing example of the popular Washington design. The even wear is blended throughout the note.
Fr. 258 $2 1899 Mule Silver Certificate PMG Very Fine 25. Only moderate signs of circulation are noted on this piece.
Fr. 258 $2 1899 Silver Certificate PMG Very Fine 25. This is a bright Deuce with nice color and paper.
Fr. 258 $2 1899 Silver Certificate PCGS Very Fine 20. Some of the original embossing remains on this lightly circulated piece.
Fr. 258 $2 1899 Silver Certificate PCGS Fine 15. A bright overprint is seen on this evenly circulated Deuce.
Fr. 258 $2 1899 Silver Certificate Star Note. PMG Very Good 10. PMG has commented about an ink stain on the face of this well circulated star note. Still this is a replacement $2 blue seal of which there are less than fifty examples known.
Fr. 269 $5 1896 Silver Certificate PMG Fine 12 Net. This the second scarcest signature combination of the Five Dollar Eds. It has been net graded by PMG because of a repair in the right margin.
Fr. 269 $5 1896 Silver Certificate PMG Very Good 10. The design elements in the center of the note remain exceptionally bold for the grade. These elements are the basis of value, so we would not be surprised if the margin damage and tear noted by PMG is ignored by bidders.
Fr. 271 $5 1899 Silver Certificate PCGS Very Fine 20. The first signature combination of the Chief design is seen on this very nice example. It has a bright overprint and good eye appeal.
Fr. 275 $5 1899 Silver Certificate Very Fine. The paper is firm and refreshing on this Chief. It is problem free save for a close pinhole.
Fr. 275 $5 1899 Silver Certificate Fine-Very Fine. This piece has all the body and eye appeal of a full VF, though the center fold is just not firm enough to get all the way there. A hint of discoloration is seen on the back, but is minimal.
Fr. 278 $5 1899 Silver Certificate PMG Choice Very Fine 35 EPQ. A pleasing note that remains naturally bright.
Fr. 278 $5 1899 Silver Certificate Very Fine. This is a very pleasing, fully margined Chief with bright colors and paper.
Fr. 281 $5 1899 Silver Certificate PMG Fine 12. This is the Friedberg number usually chosen for a type example of this design.
Fr. 281 $5 1899 Silver Certificate PMG Very Good 10. A pleasing Chief which has circulated well through the channels of commerce but which remains whole and intact. Greensheet level in this grade is $425 which seems somewhat low to this learned cataloger.
Fr. 282 $5 1923 Silver Certificate PMG Choice Fine 15 Net. This piece looks very much like another Porthole in this auction in a similar grade, though the paper here is much brighter. PMG makes mention of a split repair.
Fr. 282 $5 1923 Silver Certificate PMG Fine 12. Free from pinholes or other distractions, this is a nicely margined circulated note that still displays a degree of crispness to the paper.
Fr. 282 $5 1923 Silver Certificate CGA Fine 12. This is the well known and highly desirable Porthole note. This note is well margined and totally problem free. There is just lots of honest wear.
Fr. 282 $5 1923 Silver Certificate PMG Fine 12 Net. This well circulated issue shows some thinning according to PMG.
Fr. 282 $5 1923 Silver Certificate PMG Fine 12. This evenly circulated issue shows fully intact paper and strong design details.
Fr. 301 $10 1891 Silver Certificate PMG Fine 12. The last Fr. 301 we auctioned in this grade was in January 2007 and it brought $575.
From The Chenango County Collection
Fr. 347 $1 1890 Treasury Note PMG Very Good 10. A great example for the grade, with a bold remaining "Closed Back" design.
Fr. 350 $1 1891 Treasury Note PMG Choice Extremely Fine 45. Any folds that account for the grade are not easily identifiable in the holder, making this a very pleasing note.
Fr. 351 $1 1891 Treasury Note PMG Extremely Fine 40. This Coin Note has great eye appeal and the well embossed surfaces are strictly natural.
Fr. 351 $1 1891 Treasury Note CGA Extremely Fine 40. This Stanton Ace has much crispness remaining on the surfaces that exhibit four more than acceptable margins.
Fr. 351 $1 1891 Treasury Note PMG Very Fine 30 EPQ. This note was folded and shows some handling, but the brightness of the paper and the strong embossing suggests it actually spent very little time in circulation. This piece is fully deserving of its "Exceptional Paper Quality" designation.
Fr. 351 $1 1891 Treasury Note PMG Fine 12. This is a pleasing example of this popular type.
Fr. 352 $1 1891 Treasury Note PMG Choice Very Fine 35. The most available of the 1891 Stanton Ace's, which makes it a perfect piece to represent the type. Strong color and good eye appeal is actually far better than one would expect for the 35 grade.
Fr. 352 $1 1891 Treasury Note PCGS Very Fine 30PPQ. Good color, excellent margins, and no problems save for light circulation. Not very many notes earn the PPQ designation at this grade level, but it is easy to see why this one did.
Fr. 352 $1 1891 Treasury Note PMG Very Fine 30. A mid-grade Ace with some embossing still present.
Fr. 352 $1 1891 Treasury Note PMG Very Fine 25. Even circulation and nice margins are seen on this Stanton Ace.
Fr. 357 $2 1891 Treasury Note PMG Choice Fine 15. The paper is solid for the grade, though a couple of paper pulls are noted.
Fr. 357 $2 1891 Treasury Note PMG Choice Fine 15. We would prefer this Fine 15 over most of the VFs we've seen in dealer cases of late.
Fr. 357 $2 1891 Treasury Note PMG Fine 12 Net. The overprint is as bright as the day it was printed. PMG notes a small piece missing out of the right margin, which is obvious, but does not intrude on the design.
Fr. 710 $1 1918 Federal Reserve Bank Note PMG About Uncirculated 55. Well margined with decent front to back centering.
Fr. 710 $1 1918 Federal Reserve Bank Note Very Fine;
Fr. 733 $1 1918 Federal Reserve Bank Note Fine.
The Boston Ace is evenly circulated while the St. Louis example has a couple of pinholes and some soiling on the back.
Fr. 711 $1 1918 Federal Reserve Bank Note PMG Choice About Unc 58 EPQ. Exceptional embossing and paper quality are seen on this colorful Ace.
Fr. 711 $1 1918 Federal Reserve Bank Note CGA About Uncirculated 58. Original embossing is seen on this attractive Ace. There is a bit of handling that accounts for the grade.
Fr. 712 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. An incredibly well embossed Ace.
Fr. 712 $1 1918 Federal Reserve Bank Note PCGS Choice New 63PPQ. A pleasing Green Eagle that is bright and strongly embossed.
Fr. 712 $1 1918 Federal Reserve Bank Note PCGS Choice New 63. A bright example with more than acceptable centering.
Fr. 714 $1 1918 Federal Reserve Bank Note Choice About New. Very close to the Choice New grade, and with the full eye appeal of that level.
Fr. 714 $1 1918 Federal Reserve Bank Note PMG Very Fine 25. A very attractive note for the grade.
Fr. 715 $1 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45 EPQ. This attractive Philly Ace retains serial number embossing and vivid color.
Fr. 717 $1 1918 Federal Reserve Bank Note PMG About Uncirculated 55 EPQ. This is a lightly handled, original example from Philly.
Fr. 717 $1 1918 Federal Reserve Bank Star Note PMG Very Good 10. Only about two dozen star notes are known for this Philadelphia issue. This is a well circulated but intact example.
Fr. 718 $1 1918 Federal Reserve Bank Note PMG About Uncirculated 53. Governor E.R. Fancher had earlier been cashier of the Union NB of Cleveland, charter number 3202. Just some handling can be seen through the third party holder.
Fr. 720 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. As attested to by PMG, this is a nicely preserved Cleveland Ace.
Fr. 720 $1 1918 Federal Reserve Bank Note PMG About Uncirculated 53. An attractive and well margined Ace.
Fr. 720 $1 1918 Federal Reserve Bank Note Extremely Fine. Although it has the initial appearance of an even higher grade, this Cleveland Ace is a touch flat.
Fr. 721 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. This is a strongly embossed and vibrantly printed Richmond Ace that just needs fuller margins to be awarded Gem status.
Fr. 721 $1 1918 Federal Reserve Bank Note PCGS Choice About New 55. Four nice margins are observed on this lightly handled Richmond Ace that has bright paper and a bold overprint.
Fr. 722 $1 1918 Federal Reserve Bank Note CGA Gem Uncirculated 66. The colors remain bold on this Richmond Ace.
Fr. 722 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 63. Most pieces that exhibit some embossing, even in the third party holder, are awarded the EPQ designation. This piece has plenty of eye appeal, bright paper and a strong overprint.
Fr. 722 $1 1918 Federal Reserve Bank Note CGA Crisp Uncirculated 62. The margins are ample enough for a full Choice grade. A bit of discoloration is noted near the seal, but does not affect the design elements.
Fr. 723 $1 1918 Federal Reserve Bank Note PCGS Extremely Fine 40PPQ. Traces of original embossing are still visible on this bright Atlanta Ace.
Fr. 726 $1 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45. A very pleasing example with maybe one visible fold in the holder.
Fr. 729 $1 1918 Federal Reserve Bank Note Choice New. Full margins are seen on each side, though a touch of handling precludes a higher grade.
Fr. 729 $1 1918 Federal Reserve Bank Note PMG Choice About Unc 58 EPQ. A touch of handling is noted on this otherwise fully uncirculated Ace.
Two Consecutive Fr. 730 $1 1918 Federal Reserve Bank Notes PMG Very Fine 25. Both pieces are perfectly embossed and bright.
Fr. 736 $1 1918 Federal Reserve Bank Note PMG Choice About Unc 58 EPQ. Some light handling can be seen through the PMG holder of this bright and nicely margined Minneapolis Ace.
Fr. 736 $1 1918 Federal Reserve Bank Note PMG About Uncirculated 55 EPQ. Minneapolis notes always seem to attract a little extra attention.
Fr. 737 $1 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45. Traces of embossing are seen in the holder.
Fr. 739 $1 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. Bold embossing is seen on the back of this Ace from the Treasury Seal to Washington's portrait.
Fr. 739 $1 1918 Federal Reserve Bank Note PMG Very Fine 25. The paper is quite pleasing and shows only a couple of folds. The rest of the so-called folds would be better described as bends.
Fr. 740 $1 1918 Federal Reserve Bank Note Very Good-Fine;
Fr. 746 $1 1918 Federal Reserve Bank Note Fine.
There is still plenty of snap to the paper on both of these Aces. However, one quarter-panel of the face of the San Francisco example does have some wallet staining while the Dallas piece has some edge splits.
Fr. 741 $1 1918 Federal Reserve Bank Note PMG Choice Very Fine 35. Three vertical folds and one horizontal fold are noted on this pleasing Dallas Ace.
Fr. 742 $1 1918 Federal Reserve Bank Note PMG About Uncirculated 55. Ample margins are seen on this Dallas Ace which is one fold from a full Choice CU grade.
Fr. 743 $1 1918 Federal Reserve Bank Note PCGS Very Fine 25. Bright paper and dark inks are declared by this original paper surface San Fran Ace. A pinhole is noticed.
Fr. 745 $1 1918 Federal Reserve Bank Note PMG Extremely Fine 40 EPQ. This is a handsome, lightly circulated example of one of the scarcer One Dollar FRBN's.
Fr. 746 $1 1918 Federal Reserve Bank Note Fine-Very Fine. This San Francisco Green Eagle of a tougher Friedberg number was wet at one time.
Fr. 749 $2 1918 Federal Reserve Bank Note PMG Very Fine 30. This is an attractive Battleship. The label of this Battleship says washed.
Fr. 749 $2 1918 Federal Reserve Bank Note Very Fine+. The paper is bright and some crispness remains on this little tougher Boston issue. A small spot is noticed on the face.
Fr. 750 $2 1918 Federal Reserve Bank Note Very Fine. The folds are hard to see on this attractive mid-grade Battleship.
Fr. 751 $2 1918 Federal Reserve Bank Note PCGS Fine 12. An evenly circulated example of a New York Battleship that has nice margins.
Fr. 756 $2 1918 Federal Reserve Bank Note Very Fine-Extremely Fine. Deeply printed details are seen on this Battleship. There is a hint of discoloration on the back that is not distracting.
Fr. 759 $2 1918 Federal Reserve Bank Note PMG Choice Very Fine 35. If you are looking for a mid-grade note with no visible distractions to the Battleship vignette, this is the note for you.
Fr. 762 $2 1918 Federal Reserve Bank Note Fine-Very Fine. This has all the eye appeal and wear commensurate of a VF grade. Only 51 notes are currently represented in the census for this issue.
Fr. 770 $2 1918 Federal Reserve Bank Note PMG Very Good 10. This discovery note brings the number of known notes for this Friedberg number to 22. To date, no uncirculated examples have been reported. The paper is solid for the grade.
Fr. 774 $2 1918 Federal Reserve Bank Note PMG Very Fine 30. This pretty Battleship Deuce faces up at a higher grade but there is some damage on the back that PMG has noted as "Paper Pull."
Fr. 774 $2 1918 Federal Reserve Bank Note PCGS Fine 12. A solid, well-circulated example.
Fr. 775 $2 1918 Federal Reserve Bank Note PMG Fine 12. Only 63 survivors are known for this Friedberg number. The paper is solid, save for a lone pinhole.
Fr. 782 $5 1918 Federal Reserve Bank Note Very Fine. Some of the original embossing is still present on this $5 FRBN.
Fr. 782 $5 1918 Federal Reserve Bank Note About Fine. This piece is ever-so-close to a full Fine grade. The paper is fully intact and original.
Fr. 787 $5 1918 Federal Reserve Bank Note PMG Fine 12. About 45 examples of this Friedberg number are currently reported. This circulated Cleveland Five has managed to avoid tears and pinholes.
Fr. 804 $5 1918 Federal Reserve Bank Note PMG Fine 12. A couple of pinholes are noted on this piece that likely has folds commensurate of a VF grade.
Fr. 804 $5 1918 Federal Reserve Bank Note PMG Very Good 10. The paper is solid, and could well have garnered a Fine grade if there was note a hint of softness in the margins.
Fr. 832b $5 1914 Red Seal Federal Reserve Note PMG Fine 12. Fewer than 50 of this Friedberg number are listed in the census. This piece is bright, though the overprint is a bit faded.
Fr. 833b $5 1914 Red Seal Federal Reserve Note PMG Fine 12. Red Seal FRNs continue their upward march as the limited supply of available pieces is shared among more and more collectors. This example is free of edge tears while retaining an above average red overprint for the grade.
Fr. 833b $5 1914 Red Seal Federal Reserve Note Very Good. The overprint is still bright for the grade.
Fr. 834b $5 1914 Red Seal Federal Reserve Note PMG Very Fine 25. Even circulation is observed on this "b" variety Red Seal. The PMG label is incorrect as the small district letter and numeral have been added above the letter at the top left of the face signifying the "b" variety.
Fr. 834b $5 1914 Red Seal Federal Reserve Note Very Good. This well circulated Red Seal $5 has avoided tears and pinholes although there is slight fading of the overprint. Approximately twenty examples of this Friedberg number are known.
Fr. 845 $5 1914 Federal Reserve Note PMG Extremely Fine 40. The overprint is especially vibrant on this lightly circulated example of a Friedberg number that has about 50 notes in the census.
Fr. 847a $5 1914 Federal Reserve Note PMG About Uncirculated 55. A handsome example of a Boston District 1914 Five.
Fr. 848 $5 1914 Federal Reserve Note PMG About Uncirculated 55. Once part of the vast Rickey Collection, any grade limiting factor of this bright New York $5 is hidden very well.
Fr. 850 $5 1914 Federal Reserve Star Note PCGS Apparent Fine 15. This Star example is not listed in the latest edition of the Murray reference. The wear in the center fold line has resulted in tears in the top and bottom margins as recorded on the PCGS holder.
Fr. 851a $5 1914 Federal Reserve Note PMG About Uncirculated 53 EPQ. The originality of the paper is obvious.
Fr. 851a $5 1914 Federal Reserve Note PMG About Uncirculated 50. With a lack of a visible fold, this piece easily looks choice uncirculated.
Fr. 851a $5 1914 Federal Reserve Star Note PMG Choice Fine 15. This evenly circulated and attractive Star is not listed in the latest edition of Doug Murray's reference. Large size stars are certainly rarer than most modern stars printed today. An attempt has been made to remove a bit of graffiti on the face and PMG has noted this as "Erasure."
Fr. 855a $5 1914 Federal Reserve Note PMG Gem Uncirculated 65 EPQ. This handsome note has the look of being delivered to the Philadelphia Federal Reserve Bank earlier today.
Fr. 855a $5 1914 Federal Reserve Note PMG About Uncirculated 55 EPQ. Two folds are responsible for the condition on this otherwise uncirculated piece.
Fr. 855c $5 1914 Federal Reserve Note Choice New. This high-end Philly $5 has natural paper wave.
Fr. 859b $5 1914 Federal Reserve Note PMG Extremely Fine 40 EPQ. This scarce Cleveland "b" variety retains original embossing and nice bright paper.
Two Consecutive Fr. 859c $5 1914 Federal Reserve Notes PMG Choice About Unc 58 EPQ, and About Uncirculated 55 EPQ. This pleasingly original pair shows a bit too much handling for a full CU grade. The paper on each is most pleasing and the embossing is bold.
Fr. 861 $5 1914 Federal Reserve Note Good-Very Good. Though this piece has seen better days, it is still quite scarce. Fewer than 30 survivors of this Friedberg Number are known. There are some breaks in the paper and a bit of discoloration. There will be no returns on this lot for any reason.
Fr. 863a $5 1914 Federal Reserve Note PCGS Choice New 63. A nice example for Type.
Fr. 867a $5 1914 Federal Reserve Note PCGS Very Fine 35. Bold inks and plenty of eye appeal are noticed on this Atlanta blue seal.
Fr. 868 $5 1914 Federal Reserve Note PMG Choice Extremely Fine 45. Embossing is still found on this lightly handled Chicago $5. The Burke-McAdoo signature combination is a bit scarcer than most collectors realize.
Fr. 869 $5 1914 Federal Reserve Note PCGS Very Fine 20. Even circulation is seen on this mid-grade example of a scarcer Friedberg number.
Fr. 869 $5 1914 Federal Reserve Note Fine. Friedberg 869 is the scarcest of the six Friedberg numbers for this Chicago denomination.
Fr. 870 $5 1914 Federal Reserve Note PMG Choice Extremely Fine 45 EPQ. This attractive, lightly handled $5 possesses original paper surfaces.
Fr. 870 $5 1914 Federal Reserve Star Note PMG Very Fine 20. The appearance of these replacement notes at auction is very low. In fact, this note was last sold by us in 1999.
Fr. 871b $5 1914 Federal Reserve Note PMG Choice Extremely Fine 45. Any folds that account for the grade are not immediately visible. This piece sports the small 7-G in the lower left corner.
Fr. 871b $5 1914 Federal Reserve Note Very Fine, and a;
Fr. 974 $20 1914 Federal Reserve Note Very Fine.
A nice mid-grade pair, both exhibiting strong printed devices and overprints.
Fr. 871c $5 1914 Federal Reserve Note PMG Extremely Fine 40 EPQ. This is a pleasing representative of this scarcer "c" variety. Traces of embossing can still be seen through the PMG holder.
Fr. 883a $5 1914 Federal Reserve Note PMG About Uncirculated 55. Some light teller handling is all that is noticed on this bright example from the Kansas City Fed.
Fr. 887a $5 1914 Federal Reserve Note PMG Choice Extremely Fine 45. This is a bright and crisp example of a Dallas $5 that retains good color.
Fr. 895b $10 1914 Red Seal Federal Reserve Note Very Good. An edge nick and a pinhole or two which are typical for the grade are found on this well circulated Red Seal.
Fr. 898a $10 1914 Red Seal Federal Reserve Note Very Good-Fine. An average circulated Chicago Red Seal.
Fr. 903b $10 1914 Red Seal Federal Reserve Note PCGS Very Good 10. This scarce San Francisco Red Seal is one of only 18 examples so far enumerated in the census. Its first appearance on the market was in 2003, where it was graded Fine. The grade accurately reflects the overall appearance, though the technical merits might keep it from that grade.
Fr. 906 $10 1914 Federal Reserve Note CGA Extremely Fine 40. This lightly circulated Boston $10 has bright white paper and a bold overprint.
Fr. 906 $10 1914 Federal Reserve Star Note PMG Very Good 8 Net. Just over a dozen stars are in the Murray census for this Friedberg number. This example has been net graded by PMG because of a rough top margin.
Fr. 907a $10 1914 Federal Reserve Note PMG Choice About Unc 58 EPQ. The embossing is strong on this colorful Boston $10 that has a light corner fold.
Fr. 910 $10 1914 Federal Reserve Note Extremely Fine-About Uncirculated. Nice margins are seen on this lightly circulated $10 FRN that has been pressed.
From The Collection of Albert Rollins
Fr. 910 $10 1914 Federal Reserve Note PMG Extremely Fine 40. The folds are so faint, they are not visible in the holder.
Fr. 911a $10 1914 Federal Reserve Note PMG About Uncirculated 50. This lightly handled New York $10 features bright paper, bold color, and more than acceptable margins.
Fr. 911b $10 1914 Federal Reserve Note PMG Choice About Unc 58 EPQ. Light handling is noticed on this $10 from the scarcest of the three Fr. 911 varieties. This example also has bright paper, dark inks, and original embossing.
Fr. 911c $10 1914 Federal Reserve Note CGA Extremely Fine 45. While the bottom margin is a bit tight, this is a bright example of the scarcer "c" type.
Fr. 913 $10 1914 Federal Reserve Note PMG About Uncirculated 55. This is the scarcest Friedberg number of the five for Philly $10 FRNs. The color is vibrant on this bright example that appears New at first glance.
Fr. 915c $10 1914 Federal Reserve Note PMG Choice Extremely Fine 45. Just a few light folds are seen on this embossed example of the tougher "c" variety.
Fr. 916 $10 1914 Federal Reserve Note PMG Choice About Unc 58 EPQ. Surprisingly, this jumbo-margins note is the finest example of the Cleveland Burke-McAdoo issue to be offered in over two years. A corner tip fold separates it from a full uncirculated grade.
Fr. 917 $10 1914 Federal Reserve Note PMG Extremely Fine 40 EPQ. The embossing is plain as day and the paper is perfectly original.
Fr. 918 $10 1914 Federal Reserve Note CGA About Uncirculated 55. This lightly circulated Cleveland $10 is fresh, bright and attractive and is a delightful example of this popular Friedberg number.
Fr. 919a $10 1914 Federal Reserve Note CGA Crisp Uncirculated 62. The colors are bright on this vibrant Cleveland Sawbuck.
Fr. 919a $10 1914 Federal Reserve Note PMG About Uncirculated 55. All three of the varieties for Fr. 919 are about the same in population numbers with far fewer numbers than one might expect. One must look carefully to find any trace of handling on this attractive example.
Fr. 919a $10 1914 Federal Reserve Note PMG Choice Extremely Fine 45 EPQ. This $10 has natural paper surfaces.
Fr. 919a $10 1914 Federal Reserve Note Extremely Fine. Three light folds make this nicely margined Cleveland Sawbuck a "classic XF".
From The Collection of Albert Rollins
Fr. 921 $10 1914 Federal Reserve Note PMG Very Fine 30. Less than 30 examples are known of this elusive Richmond issue which carries the Burke-Glass signature combination.
Fr. 922 $10 1914 Federal Reserve Note CGA Extremely Fine 45. This is a bright, lightly circulated example of a better Friedberg number for Richmond $10s.
Fr. 923 $10 1914 Federal Reserve Note Extremely Fine-About New. This piece has all the eye appeal of an AU, though has a fold or two too many.
Fr. 926 $10 1914 Federal Reserve Note PMG About Uncirculated 50. A lovely Atlanta $10 Fed that is just lightly handled and comes with solid embossing and nice margins. Only 30 examples of this scarcer number are reported in the census.
Fr. 926 $10 1914 Federal Reserve Note PMG Very Fine 25. Pedigreed to the Rickey Collection, this $10 has natural paper surfaces that include bright paper. There are around just 30 serial numbers in the census for this Friedberg number.
Fr. 928 $10 1914 Federal Reserve Note CGA About Uncirculated 50. Embossing and vibrant color are in evidence on this lightly circulated Chicago $10.
Fr. 930 $10 1914 Federal Reserve Note PMG Choice About Unc 58 EPQ. This bright and crisp FRN is held back from a CU grade by just a corner fold and some light handling.
Fr. 930 $10 1914 Federal Reserve Star Note PCGS Fine 12. A nice circulated example of a more common star number.
Fr. 931b $10 1914 Federal Reserve Note PMG Very Fine 30. A bright and problem free example of this scarcer "b" variety that has excellent eye appeal for the grade.
Fr. 932 $10 1914 Federal Reserve Note CGA Extremely Fine 40. The colors are still very bright on this lightly circulated example of a better Friedberg number.
Fr. 934 $10 1914 Federal Reserve Note CGA About Uncirculated 58. Nice margins and colors are seen on this very lightly handled St. Louis $10.
Fr. 934 $10 1914 Federal Reserve Note PMG Very Fine 25. Crisp paper and good color highlight this St. Louis $10.
Fr. 937 $10 1914 Federal Reserve Note PMG Choice Very Fine 35. The paper is especially bright and attractive for the grade. Much of the original embossing is still visible when viewing the note from the back.
Fr. 937 $10 1914 Federal Reserve Note PMG Very Fine 20. This is an elusive Minneapolis example that carries the Burke-Glass signature combination.
Fr. 939 $10 1914 Federal Reserve Note PMG About Uncirculated 53. Although not a particularly challenging number the Minneapolis district is always popular with type collectors.
Fr. 939 $10 1914 Federal Reserve Note Very Fine-Extremely Fine. Just a few light folds are seen on this nicely centered Minneapolis $10.
From The Collection of Albert Rollins
Fr. 943a $10 1914 Federal Reserve Note CGA About Uncirculated 58. This Kansas City $10 just misses the New grade. It is a bright, fresh note with plenty of eye appeal.
Fr. 944 $10 1914 Federal Reserve Note CGA About Uncirculated 50. This scarce Dallas $10 has picked up just the slightest circulation but without losing any of its color.
Fr. 944 $10 1914 Federal Reserve Note PMG Choice Extremely Fine 45. Bright paper and vibrant color are found on this lightly circulated Dallas $10.
Fr. 947 $10 1914 Federal Reserve Note CGA About Uncirculated 55. This Dallas $10 has nice color and dark inks. A light centerfold is noticed.
Fr. 949 $10 1914 Federal Reserve Note CGA Very Good 08. Only a couple of dozen examples are known of the Burke-Glass San Francisco $10 combination. This well circulated piece does have several pinholes.
Fr. 950 $10 1914 Federal Reserve Note PCGS Very Fine 30. The paper appears fully original and the eye appeal is solid. About three dozen examples of this issue are enumerated in the census.
Fr. 951a $10 1914 Federal Reserve Note PMG Very Fine 30. This note boasts bright paper and excellent color, not to mention it's from the always popular San Francisco District. A small tear is noticed in the bottom margin and has been duly recorded by PMG.
Fr. 951b $10 1914 Federal Reserve Note CGA Very Fine 30. There are less than 30 examples recorded for this Friedberg number. This FRN is a pleasing mid-grade example.
Fr. 953a $20 1914 Red Seal Federal Reserve Note Good-Very Good. There is some edge roughness and a few pinholes which is to be expected with this level of circulation. However, the overprint is still bold on this New York Red Seal.
Fr. 966 $20 1914 Federal Reserve Note PMG Extremely Fine 40. Three light folds do note prohibit this note from at least having the eye appeal of an AU.
Fr. 971b $20 1914 Federal Reserve Note PMG About Uncirculated 50. The midnight blue overprint is unaffected by age. A fold in the center is seen and another that is restricted to one of the corners.
Fr. 971b $20 1914 Federal Reserve Note PMG Very Fine 25. This moderately circulated New York $20 is wonderfully margined and is quite colorful.
Fr. 975a $20 1914 Federal Reserve Note PMG Extremely Fine 40 EPQ. This nicely centered Fed has bright paper and a dark blue overprint. It is also an "a" variety. Friedberg does not list it as such since there are no "b" and "c" varieties for this number.
Fr. 978 $20 1914 Federal Reserve Note PMG Extremely Fine 40. This is a nice representative from this district carrying the signature combination of Burke/Houston.
Fr. 979a $20 1914 Federal Reserve Note PMG Choice About Unc 58. Bold embossing is easily seen in the holder. Our records indicate in the last twenty four months, only one CU example of this Friedberg number has been offered at public auction.
Fr. 979a $20 1914 Federal Reserve Note PCGS Extremely Fine 40PPQ. Light folds, nice color, and bright paper dwell within the confines of the PCGS holder of this crispy Cleveland $20.
Fr. 981 $20 1914 Federal Reserve Note PCGS Fine 15. Only about 30 numbers are listed in the Gengerke census for this Friedberg number. Just a few light stains are noticed on the back of this evenly circulated example.
Fr. 982 $20 1914 Federal Reserve Note PCGS Very Fine 20. Formerly part of the Rickey Collection, this bright Richmond issue is a little better Friedberg number.
Fr. 983a $20 1914 Federal Reserve Note PCGS Very Fine 20. Even wear and a natural appearance decorate this mid-grade Richmond $20 which was once part of the Rickey Collection.
Fr. 986 $20 1914 Federal Reserve Note PMG Choice Very Fine 35. This is a very crisp and fresh example from this Atlanta district that has been blessed with very broad margins and excellent color.
Fr. 990 $20 1914 Federal Reserve Note PMG Choice Extremely Fine 45 EPQ. The paper's originality is not hidden by the holder.
Fr. 991b $20 1914 Federal Reserve Note PCGS Choice About New 55. This pleasing Type "b" note has deeply printed inks.
Fr. 996 $20 1914 Federal Reserve Note PCGS Choice About New 58. The original embossing still peeks through the open areas of the back design.
Fr. 996 $20 1914 Federal Reserve Note PMG Very Fine 30. This is the second scarcest of the four Friedberg numbers for Minneapolis $20 FRNs. Vibrant color is seen on this example.
Fr. 999 $20 1914 Federal Reserve Note PMG Very Fine 30. This is a nice crisp white Blue Seal $20 off Minneapolis that is very attractive for the assigned grade.
Fr. 999 $20 1914 Federal Reserve Note PCGS Very Fine 25. Even wear adorns this Minneapolis $20 that is pedigreed to the famous Rickey Collection.
Fr. 1004 $20 1914 Federal Reserve Note PMG Choice Extremely Fine 45. This attractive Dallas note has all the eye appeal one would expect out of an AU or better example.
Fr. 1010 $20 1914 Federal Reserve Note PMG Very Fine 30. The overprint is certainly bold on this bright example that was once part of the Rickey Collection.
Fr. 1010 $20 1914 Federal Reserve Note PMG Very Fine 25. Attractive and problem-free for the grade, Fr. 1010 is quite a scarce number.
Fr. 1011a $20 1914 Federal Reserve Note PMG Extremely Fine 40 EPQ. Three very light folds hold this pretty and strictly original Fed from a higher grade.
Fr. 1011a $20 1914 Federal Reserve Note PMG Very Fine 30. A very nice example of this ever-popular FRN denomination.
Fr. 1032 $50 1914 Federal Reserve Note PCGS Fine 12. Only 29 examples of this Burke-McAdoo note have been reported. The last note to be offered at auction in a grade higher than VF was back in 2004.
Fr. 1034 $50 1914 Federal Reserve Note PMG Choice Fine 15. A total of about 40 notes are known for this issue. This piece shows a trace of roughness in the top margin but is otherwise solid.
Fr. 1035 $50 1914 Federal Reserve Note PMG Very Fine 25. The paper is solid for the grade with some of the original embossing remaining.
Fr. 1037 $50 1914 Federal Reserve Note PMG Very Good 6. This scarce Cleveland, Burke-Glass signature combination is listed in the census only 29 times. This pie is a little rough around the edges, but not all bad for the Friedberg number. In fact, a lone EF is listed as the finest known.
Fr. 1038 $50 1914 Federal Reserve Note PMG Very Fine 25. A very broadly margined, mid-grade $50 Blue Seal from the Cleveland District.
Fr. 1039a $50 1914 Federal Reserve Note PMG Very Fine 20. In September 2006 we sold a PCGS 20 for $431 and in February 2007 we sold a raw example of this Friedberg number for $632.
Fr. 1039b $50 1914 Federal Reserve Note PMG Very Fine 30. This Cleveland $50 is from the much scarcer "b" variety for this signature combination.
Fr. 1039b $50 1914 Federal Reserve Note PMG Very Fine 30. A popular type "b" issue with the smaller district number and letter in the lower left corner. The paper is pleasing, with no distractions to speak of.
Fr. 1039b $50 1914 Federal Reserve Note PMG Very Fine 25. Even circulation is a main trait of this Cleveland $50.
Fr. 1046 $50 1914 Federal Reserve Note PMG Very Fine 30. This is an evenly circulated Atlanta $50.
Fr. 1050 $50 1914 Federal Reserve Note PMG Very Fine 25. The paper is bright and attractive on this $50 Fed and the margins are solid on all sides.
Fr. 1050 $50 1914 Federal Reserve Note Fine. A few pinholes and teller stamp remnant are the only distractions for this average circulated note.
Fr. 1050 $50 1914 Federal Reserve Note Very Good. A Burke-Houston signed issue that is solid save for a few pinholes. the edges are a little to soft for a full Fine grade.
Fr. 1068 $50 1914 Federal Reserve Note PMG Very Fine 25. A pleasing Burke-McAdoo graded example. The paper is unaffected by age and the other elements that contribute to the eye appeal are ideal.
Fr. 1068 $50 1914 Federal Reserve Note PMG Very Good 10. This $50 FRN saw quite a bit of circulation but managed to avoid any major flaws.
Fr. 1108 $100 1914 Federal Reserve Note PMG Very Good 10. Less than ninety examples round out the population for this well circulated Chicago C-note.
Fr. 1112 $100 1914 Federal Reserve Note PMG Choice Fine 15. An evenly circulated example of this more readily available St. Louis $100.
Fr. 1130 $100 1914 Federal Reserve Note Fine. Many of the known examples are held in institutions and will forever remain out of collectors hands. A few pinholes, along with some small edge splits, are noticed from wear.
Fr. 1169 $10 1907 Gold Certificate PMG Extremely Fine 40. The folds that account for the grade are difficult to locate unless light is allowed to pass through the note. Each of the margins is sizeable.
Fr. 1171 $10 1907 Gold Certificate PMG Choice Very Fine 35. This is a much tougher Friedberg number by many multiples when compared to Fr. 1173. This example has the appearance of a XF note through the PMG holder. A couple of pinholes are mentioned for the sake of accuracy.
Fr. 1172 $10 1907 Gold Certificate PMG Extremely Fine 40 EPQ. Punch through embossing is still seen on this vividly colored Gold Certificate.
Fr. 1173 $10 1922 Gold Certificate PCGS Extremely Fine 45. Gorgeous colors on this great type note.
Fr. 1173 $10 1922 Gold Certificate PMG Choice Extremely Fine 45. A deep orange back is seen on this $10 that has bright white paper.
Fr. 1173 $10 1922 Gold Certificate Extremely Fine. A perfect three-fold EF with exceptional color for the issue.
Fr. 1173 $10 1922 Gold Certificate PMG Extremely Fine 40. Bright colors are noted on this lightly circulated issue that has a deep orange back.
Fr. 1173 $10 1922 Gold Certificate PMG Extremely Fine 40. Only one fold of any significance is seen on this $10. The other two folds can be described more accurately as bends.
Fr. 1173 $10 1922 Gold Certificate PMG Choice Very Fine 35. The colors are very bright adding to this note's attractiveness.
Fr. 1173 $10 1922 Gold Certificate Very Fine-Extremely Fine. This piece lends itself to eye appeal becoming of a full EF note. There are some closed pinholes that are certainly not a distraction.
Fr. 1173 $10 1922 Gold Certificate PMG Choice Very Fine 35. An attractive and brightly colored issue.
Fr. 1173 $10 1922 Gold Certificate PCGS Very Fine 35. Some bleed-through from the face is noted on the back. The colors are still quite vibrant.
Fr. 1173 $10 1922 Gold Certificate PMG Very Fine 30 EPQ. An evenly circulated and very pleasing gold certificate that has good color and fresh paper.
Fr. 1173 $10 1922 Gold Certificate PMG Very Fine 30. This $10 Gold has nice color and natural paper surfaces.
Fr. 1173 $10 1922 Gold Certificate PCGS Very Fine 25. This note carries a bright orange back on snappy paper along with nice margins.
Fr. 1173 $10 1922 Gold Certificate PMG Very Fine 25. This is an excellent mid-grade note for type.
Fr. 1173 $10 1922 Gold Certificate PMG Very Fine 25. The deep orange overprint and back design remain quite bold.
Fr. 1173 $10 1922 Gold Certificate PMG Very Fine 25. Bright colors are noted on front and back.
Fr. 1173 $10 1922 Gold Certificate PCGS Very Fine 20. Bright paper with a dark orange back are traits of this $10 Gold.
Fr. 1173 $10 1922 Gold Certificate Very Fine. This note is as close as one can get to full EF, without actually getting there. The remaining embossing is perfect as are the colors.
Fr. 1173 $10 1922 Gold Certificate Very Fine. The colors on this mid-grade issue are ideal, and the paper is perfect, save for a split in the left margin that is all of a millimeter in length.
Fr. 1173 $10 1922 Gold Certificate Very Fine. This attractive piece boasts low, four digit serial number K1678.
Fr. 1173 $10 1922 Gold Certificate PMG Choice Fine 15 Net. This $10 Gold has been net graded by PMG for a repaired tear toward the upper right corner. Still, the note shows white paper and a bold overprint.
Fr. 1173 $10 1922 Gold Certificate Star Note PMG Choice Fine 15. The color is still quite nice on this replacement issue.
Fr. 1173 $10 1922 Gold Certificate Star Note PMG Fine 12. The last PMG graded Fine 12 we sold realized $575. This piece still retains bold colors and we expect a similar realization for this star note.
Fr. 1173 $10 1922 Gold Certificate Star Note Very Good. This well circulated but intact Gold star is a new addition to the Murray census. A couple of pinholes are noticed but the edges are solid.
Fr. 1181 $20 1906 Gold Certificate PMG Very Good 10 Net. Save for a pinhole, the paper remains strong and intact. PMG notes discoloration, which is commonly seen on gold certificates in this grade range.
Fr. 1186 $20 1906 Gold Certificate PMG Very Fine 30. Both sides of this mid-grade $20 Gold are attractive with nice color.
Fr. 1186 $20 1906 Gold Certificate PMG Very Fine 25. A very attractive and original gold certificate.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Extremely Fine 45. The yellowish-orange overprint and back design are especially bold on this pleasing $20.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Very Fine 35 EPQ. The bright overprint and back easily earned this piece an "Exceptional Paper Quality" comment from PMG.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Very Fine 35. PMG has correctly noted "Restoration". There is a considerable amount of work at the left end of the note.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Very Fine 35. This $20 Gold sports dark inks.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 30 EPQ. The back color is outstanding on this mid-grade gold seal.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 30. This brightly colored $20 Gold faces up with all the eye appeal of a full EF.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 30. The colors are still solid for the grade.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 25. This is a nice mid-grade $20 Gold for a type collection.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 25. This $20 Gold sports soil-free paper combined with a vibrant orange back.
Fr. 1187 $20 1922 Gold Certificate PCGS Apparent Very Fine 25. This $20 Gold was once mounted in an album and there are some traces of that mounting on the back which have been noted by PCGS. Still, the face of this pretty note is the equivalent of many examples called XF.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 20. Evenly circulated with deeply printed design elements.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 20. Gold Certificates were illegal to own from 1933 to 1964. A split repair is noticed.
Fr. 1187 $20 1922 Gold Certificate PMG Very Fine 20. The printed details remain bold. The overprint is still fully bright, and the back printing is a little deeper orange than usually encountered.
Fr. 1187 $20 1922 Gold Certificate Fine-Very Fine. This attractive $20 Gold has avoided edge problems and pinholes and would be called a full VF by many.
Fr. 1187 $20 1922 Gold Certificate PCGS Fine 15. Nice color and natural paper surfaces are trademarks of this $20 Gold.
Fr. 1187 $20 1922 Gold Certificate PMG Choice Fine 15. A few paper pulls, particularly around the Treasury Seal, are noticed on this otherwise bright and attractive $20 Gold.
Fr. 1200 $50 1922 Gold Certificate PMG Choice Fine 15 Net. This is an evenly circulated $50 Gold with nice color for the grade. It has been net graded by PMG for a repaired internal tear to the right of the portrait.
Fr. 1200 $50 1922 Gold Certificate PMG Choice Fine 15. This moderately circulated issue boasts bright yellow printed details. The third party holder notes "Staining," though the spots are confined to the back and do not detract much at all. Also of note is a small tear at lower right.


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