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Fr. 1204 $100 1882 Gold Certificate PMG Extremely Fine 40 EPQ.. ...
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Sold on Jan 12, 2024 for:
$180,000.00
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Description
Finest Known of Only Three Collectable Fr. 1204 Examples
Fr. 1204 $100 1882 Gold Certificate PMG Extremely Fine 40
EPQ.This is easily the finest by 15 grade points of five Fr. 1204 notes known. The two lowest graded examples reside in the collections of the Smithsonian Institution and the Federal Reserve Bank of San Francisco. The last time a serial number had been added to the census was when a PMG 20 example was auctioned in 2013. Of those five known, the example we are offering in this lot is not only the highest graded example, but it has the most storied background. The example in this lot was part of the Albert A. Grinnell Collection that was offered by Syracuse, New York numismatic auctioneer Barney Bluestone. It was lot 551 in Part II held on March 10, 1945, and realized $200. For some reason, it makes a return engagement in the "clean-up" Grinnell auction as lot 212 and received a winning bid of $210. This was the Part VIII auction conducted by Bluestone on March 8, 1947. The "clean-up" Grinnell eighth auction is not included in the bound copies of the Grinnell auctions, and neither is B. Max Mehl's Grinnell auction of May 5, 1943 that pre-dates the Bluestone sales of November 25, 1944-November 30, 1946.
Our first encounter with this note was when we auctioned the Dr. Lawrence Cookson Gold Certificate Collection in January 1999. It was one of Dr. Cookson's most prized numismatic possessions and realized $154,000 on that night. We also auctioned it in January 2006 and again in January 2014, with the latter offering commanding a winning bid of $282,000. From 1999 to the present day, this exquisite note has been graded by us and two major grading services as an XF. How we described it in 1999, still rings true today as it is well margined, bright and stunningly attractive, with its medley of ink colors and pure white paper. The original embossing is still clearly evident and it has four light vertical folds. Only three examples are available to collectors, and we fully expect bidding to be intense until only one bidder claims it as their own.
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Auction Info
2024 January 10 - 12 FUN Currency Signature® Auction #3594 (go to Auction Home page)
Auction Dates
January, 2024
10th-12th
Wednesday-Friday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 776
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