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Lot
15117

Fr. 1175 $20 1882 Gold Certificate PMG Very Fine 20.. ...

2014 August 6 ANA Currency Platinum Night Auction - Chicago #3528

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Auction Ended On: Aug 6, 2014
Item Activity: 3 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
Finer of Two Known
Fr. 1175 $20 1882 Gold Certificate PMG Very Fine 20.
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. Two examples are known of the autographed countersigned Gold Certificate Twenties, this piece and a serial number 1 specimen which we sold last year for a hair under $400,000. That piece was a PMG Fine 15, with some restorations. This example is considerably superior, having been graded by PMG as Very Fine 20, although a "minor restoration," which can not be detected inside the holder, is noted here as well. With the only other Fr. 1175 in extremely strong hands, this may well be the last opportunity to obtain an autographed countersigned $20 Gold for the remainder of this generation.
From The Greensboro Collection Part IV

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