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Lot
18255

Fr. 2308* $10 1934 North Africa Silver Certificate. PCGS Very Fine 25PPQ.. ...

2013 April 24 - 26 & 28 Currency Signature Auction - Chicago #3522

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Auction Ended On: Apr 26, 2013
Item Activity: 1 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
$10 1934 North Africa Star-One of Four Known
Fr. 2308* $10 1934 North Africa Silver Certificate. PCGS Very Fine 25PPQ.
This is one of the fabled small size notes that causes a steady progression of lookers at auction viewing. For decades the only known 1934 North Africa $10 star was the note long held in Jim Thompson's celebrated collection. That piece was the highlight of his small size holdings and it traded hands only after his untimely passing in 1998, when it sold privately for a price "in excess of $50,000," according to that year's edition of the Oakes-Schwartz catalogue. That note now resides in the tightest of hands, and may not return to the market for the next generation, if indeed that soon. The next example to appear was in our September 2006 auction. That example, which is the note we offer here tonight, went for a record $120,750. The third star example was in our January 2009 FUN auction, where it failed to sell but was later privately traded, reportedly for a figure in excess of $100,000. A fourth example was discovered in 2010 and sold by us in our FUN 2011 auction. That piece graded Very Fine 25 and realized $57,500. Any estimate here is simply a surmise, but we will be conservative on this rarity and say...
From The Greensboro Collection Part II

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