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    Condition Census Fr. 1220

    Fr. 1220 $1000 1922 Gold Certificate PMG About Uncirculated 55. A recurring theme of quality is illustrated in the Jupiter Collection by this exceptional example. Unlike the Fr. 1219e of which six CU examples have been reported, only two Fr. 1220s are reported in such a high grade, one in the San Francisco Federal Reserve Collection, and the other a reported CU that was last seen in 1984. In 1999, when we sold the note as part of the Dr. Cookson Collection of Gold Certificates, the description brought to light a total of three AUs known at the time. A comparison was drawn in that description to one of those AUs, "We've handled one of the three that has been described as About New. That note...was a virtual twin of this for color, print quality, and paper quality. This note, in our opinion, gets the edge for centering." The number of AU notes in the census now stands at five, though the other four and the previously recorded CU have yet to face the critical eye of the third party grading services. Many notes previously awarded such lofty grades by an optimistic observer have since been humbled to new, lower grades, making this one of, if not the finest known Fr. 1220. PMG added the comment, "Great Color", an attribute most commonly associated with fully uncirculated notes.
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    Auction Dates
    September, 2008
    17th-21st Wednesday-Sunday
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