LOT #94014 |
Current Bid: $625
Tuscaloosa, AL- Tuscaloosa Female College $100 Oct. 1, 1874 Gunther-Derby AO-458-$100a PMG Choice Uncirculated 64 EPQ.
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Description
Nearly Unique Tuscaloosa Female College $100
Tuscaloosa, AL- Tuscaloosa Female College $100 Oct. 1, 1874
Gunther-Derby AO-458-$100a PMG Choice Uncirculated 64 EPQ.The school traced its roots at least as far back as 1860 and remained in business well into the early decades of the 20th century. While at first appearing to be "just another college note," this was evidently a promissory note of sorts that paid 8% interest and was redeemable three years from date of issue, at the proprietor's option, and in five years, on demand, in U.S. currency. It was also receivable for tuition and board at 105% of face value. This note appears to have served as the plate note in the 2020 Gunther-Derby Alabama state catalog. The note is well designed, resembling, in more than one way, national bank notes of the era. Very rare and unusual. This note crossed the auction block two decades ago for an amazing $3,450. Our conservative low estimate will allow the market to determine its value in today's market.
From The Jerry Loegler Collection
Estimate: $1,000 - up.
View Certification Details from PMG
Auction Info
2026 January 25 Winter Obsolete Currency Showcase Auction #62425 (go to Auction Home page)
Proxy Bidding Ends
January
25th
Sunday
5:50 pm CT
Auction Dates
January
25th
Sunday
Proxy Bidding Time Remaining
4 Days
22h 5m 57s
Internet/Mail Bids: 5
Lot Tracking Activity: 20
Page Views: 486
Buyer's Premium per Lot:
22% of the successful bid (minimum $29) per lot.
This lot is in: 1 -
Currency Session
(Lots 94001-94541) - 6:00 PM Central Time, Sunday, January 25, 2026.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]
Additional Location Info:
Heritage Auctions - Dallas
2801 W. Airport Freeway
Dallas, TX 75261
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