LOT #2275 |
Sold on Feb 29, 2000 for: Sign-in
or Join (free & quick)
Federal Gasoline Ration Coupons, printed in 1974, an uncut sh...
Click the image to load the highest resolution version.
Sold on Feb 29, 2000 for:
$3,100.00
Bid Source: Internet bidder
Get one of these:
Explore Available Items
Description
Federal Gasoline Ration Coupons, printed in 1974, an uncut sheet of CU quality. Following its support of Israel during the Yom Kippur War of 1973-74, the United States was the victim of an oil embargo placed by the Middle East nations of OPEC on crude oil exports. In anticipation of a crippling fuel shortage, the Federal Energy Administration planned a gasoline-rationing system. The Bureau of Engraving and Printing hastily designed and printed 4.8 billion 1.5-inch by 3-inch ration coupons, borrowing George Washington's well-known portrait from the $1 bill. After the energy crisis peaked and eventually failed, the Department of Energy shipped the gasoline ration coupons to the Pueblo Army Depot in Colorado, where they remained in storage until the mid-1980s. In mid-June 1984, following the belief that Washington's portrait could fool certain vending machines into mistaking the coupons for dollar bills, the federal government opted to destroy the coupons instead of offering them for sale to collectors.
Although the entire population of gasoline ration coupons were supposedly destroyed, someone at the Pueblo Army Depot had liberated a limited number of coupons for the ultimate benefit of today's currency collectors. This lot offers an original sheet (#458) of 12 coupons numbered E4 through P4. In addition, two single examples can be found in the following two lots. Due to the government's wholesale destruction in the mid-1980s, these coupons are unquestionably rare and the existence of survivors is still unknown to most collectors. A fleeting opportunity for advanced currency collectors.
Auction Info
Internet Currency Auction #30022 (go to Auction Home page)
Auction Dates
February, 2000
29th
Tuesday
Internet/Mail Bids: 21
Lot Tracking Activity: N/A
Page Views: 672
Shipping, Taxes, Terms and Bidding
Sales Tax information
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial
Sales Tax information
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial