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    Description

    Fr. 1205 $100 1882 Gold Certificate PMG Very Fine 25. Last on the market when the Herman Halperin Collection sold in 1993, this Large Brown Seal Hundred is one of only seven examples known. Three of the seven are permanently impounded in government collections. Brown Seal Hundreds are a one-number type, and the four 1205's in collectors hands represent the only available examples. This piece is very nicely margined, with good color on both sides. It resides in a PMG comment-free holder and compares very favorably with the highest grade note in the census, which is only a half grade above this example. The note is photographed on page 344 of the Dauer book, which also includes this short bio of Thomas Benton, who appears on the note, "Thomas Benton was elected as a senator from Missouri in 1821. He believed in the importance of using Gold and Silver to purchase public land in order to discourage speculation. This idea was legalized by President Jackson in 1836 after Congress defeated his resolution. This resulted in discouragement of land speculation and helped settlers develop the west." With a scant four pieces available to collectors combined with its being a solid mid-grade example, this piece could easily reach and quite possibly exceed...
    From The Dr. Edward and Joanne Dauer Collection


    View all of [The Dr. Edward and Joanne Dauer Collection of Treasury Notes and Gold Certificates ]

    Auction Info

    Auction Dates
    September, 2006
    13th-15th Wednesday-Friday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 220

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