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    Description

    Rare Fr. 1176 $20 Small Brown Seal Gold Note
    Ex: Halpern and Thompson Collections

    Fr. 1176 $20 1882 Gold Certificate PMG Choice Very Fine 35.
    The earlier $20 Gold Certificates authorized by the 1863 acts are exceedingly rare and thus essentially uncollectible. These notes were issued under the act of July 12, 1882. They feature the recently assassinated James A. Garfield at the right end and have gold overprints. The orange backs feature Ocean Telegraph, engraved by George D. Baldwin, with an eagle and flag vignette; this image commemorates the 1858 laying of the trans-Atlantic telegraph cable (as cited in Friedberg). All the 1882 $20 brown treasury seal gold notes are rare to extremely rare. There are 27 survivors reported on Track & Price, including this note last auctioned in 1993, and only three are Uncirculated. Although PMG notes "Minor Repairs," those sealed petty edge splits are not readily seen. This is one of the finer circulated notes known; both sides are fully margined and the colors are excellent. Also, it carries a nice pedigree. Ex: EAHA, June 1996 sale, lot 1143; Stack's, March 1993 sale, lot 465; Herman Halpern Collection; Stack's, October 1990 sale, lot 857; James W. Thompson Collection. This is superior to the PCGS Banknote Very Fine 25 example that realized $6,300 in our January 2021 FUN sale. Not often offered and a very pleasing rarity.
    From The Mike Coltrane Collection.


    Auction Info

    Auction Dates
    June, 2021
    24th-25th Thursday-Friday
    Bids + Registered Phone Bidders: 26
    Lot Tracking Activity: N/A
    Page Views: 403

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