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Description

Non-Perforated Cancelled Fr. 1225h

Fr. 1225h $10,000 1900 Gold Certificate PMG About Uncirculated 50.
A very attractive example, this non-redeemable note was payable to the Kings County Trust Company of Brooklyn, New York with an issue date of February 25, 1922. On the back, the "Paid" rubber stamping of the Federal Reserve Bank of New York is dated "Mar. 16, 1933." That was shortly after the nationwide bank holiday was declared by President Franklin Roosevelt on March 6 and the passing of the Emergency Banking Relief Act by Congress on March 9. This Friedberg number is usually found cancelled with perforations, but this note is not. The example in this lot does have some staining, likely received while the five alarm Washington, DC Old Post Office fire raged on the night of December 13, 1935. Pinholes have also been noted by PMG. They are at center, but this is still an extraordinary $10,000 due to the lack of the usually-seen, large perforation cancellation on this Friedberg number. That type of cancellation involves approximately one-third of the note and is executed through the portrait.
From The Dwane Johansen Collection


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Auction Info

Auction Dates
September, 2024
11th-13th Wednesday-Friday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 248

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Sep 13, 2024 for: $5,280.00
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