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    Rare First "Tombstone" $10 Note

    Fr. 291 $10 1886 Silver Certificate PMG Very Fine 25.
    Another face design where the portrait choice reflected recent events as opposed to the logical or traditional selections used by the Treasury Department in later years. Thomas Hendricks was Vice President for just nine months when he died in office; his likeness was promptly placed in the center of these new $10 notes. Interestingly, his bust was framed by a "tombstone" cartouche, the nickname by which collectors refer to this series. There were only 400,000 printed of this initial type with the small red seal. There are approximately 25 known, and we rarely offer them in any grade. Mike amazingly owned four of the recorded serial numbers. PMG notes "Split Repairs" on the hard creases. This example faces up vividly, the crisp paper integrity is plainly visible, and it is well margined on both sides. Ex: our Currency Auctions of America, January 1999 sale, lot 1410 (realized $1,815).
    From The Mike Coltrane Collection.

    Auction Info

    Auction Dates
    June, 2021
    24th-25th Thursday-Friday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 233

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