LOT #17351 |
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Fr. 1192a $50 1882 Gold Certificate CGA Very Fine 35. This note originally surfaced at a Milwaukee coin show in late 1989. I...
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Description
Unique Fr. 1192a
Fr. 1192a $50 1882 Gold Certificate CGA Very Fine 35. 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. To this cataloger, the note is far more important than other notes which routinely bring six-figure prices. Should this note catch the fancy of two well-heeled bidders, a quarter-million dollar price would not be unreasonable to expect. We are quite certain it will reach or exceed...Auction Info
2006 April (CSNS) (CAA) Signature Auction #406 (go to Auction Home page)
Auction Dates
April, 2006
27th-28th
Thursday-Friday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 9,578
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