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Lot
18533

Fr. 1180 $20 1905 Gold Certificate PCGS Gem New 65PPQ.. ...

2013 September 25 - 27, 30 & October 1 Currency Signature Auction - Long Beach #3524

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Auction Ended On: Sep 27, 2013
Item Activity: 0 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Single Digit Technicolor in Gem
Fr. 1180 $20 1905 Gold Certificate PCGS Gem New 65PPQ.
An extraordinary note and the highlight of this sale. This Serial Number 6 Technicolor Twenty has not before been listed as known in any of the reference works. Our consignor has managed to trace it back to Frank Limpert, a collector from the 1930s and '40s who sold his collection at Stack's September 24, 1955 sale. This note was not in that sale. But we have every confidence in our consignor's research that this note did belong to Dr. Limpert. Until this piece surfaced, there had been only six single-digit 1905 Twenties reported: three for Fr. 1179, serial numbers 1, 3, and 5, and three for Fr. 1180, serial numbers 1, 7, and 8. We sold the raw Gem serial number 1 Fr. 1179 in 2005 for $241,500. We have also sold the serial number 3 Fr. 1179 around the same time; it was a raw XF and it realized $16,300. This strikingly beautiful serial number 6 note would be in the $50,000 plus range with an ordinary serial number. As a single digit PCGS 65 PPQ, we certainly anticipate a realization well over $100,000.

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