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    Description

    Mid-Grade 1907 One Thousand Dollar Gold Certificate

    Fr. 1219e $1,000 1907 Gold Certificate PMG Very Fine 20.
    This Series 1907 issue was printed in the late teens while Teehee and Burke held the positions of Register of the Treasury and Treasurer. In that five year span from 1915 to 1919, the Bureau of Engraving and Printing managed to print 116,000 notes for use mostly in bank to bank transactions. Since few notes were used in regular channels of commerce, they faced heavy redemption. Today, not quite four dozen survivors are reported extant. Of that number, nearly a third are permanently impounded in Federal Reserve Collections, the Smithsonian, or have never been offered at public auction. The currently offered example has the normally expected surface dirt, but the back color is its full flaming orange and has not faded a bit which is quite unusual for a high denomination gold certificate. PMG's grade of 20 seems exactly correct and, more importantly, the note resides in a comment free holder. Only four out of every 10,000 examples printed are known to have survived.




    Auction Info

    Auction Dates
    April, 2019
    24th-29th Wednesday-Monday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 604

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