Fractional Currency Presentation Book. This book was last sold by us as lot #98 in our May 1993 Sale where it realized $14,520 on an estimate of $13,000-up. Thirteen of these books were presented in May 1866 to President Andrew Johnson, his Cabinet and several Congressmen. Eleven Presentation Books have been definitely traced, six of them from the original group, two other with Spencer Clark's name on the cover and three, with either missing or blank covers, which may or may not have been part of the presentation group. Our best estimate is that fifteen originally existed: the census group of eleven, and four or five others which may or may not still exist. A Fractional Currency Presentation Book is the ultimate acquisition in any collection of Fractional Currency. All known presentation books contain the same 31 proof notes. All are distinctly proof printings, sharper in both color and quality than normal Specimen notes, and all lack bronzing and overprints. This book is one of the ones whose cover does not indicate specific presentation. It was discovered in the early 1990's by an east-coast antique dealer. It is in excellent condition with far less foxing than most of the books. It's complete, undamaged and well in the top half of the census of the eleven known copies. 27 of the 31 notes show no signs whatever of foxing and the other four show only the lightest traces. Opportunities to purchase Fractional Currency Presentation Books do not come along often and it is likely this book will reach or exceed

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    Auction Dates
    January, 2002
    10th-12th Thursday-Saturday
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