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    Newly Discovered Large Herndon Note - The Second Known

    Herndon, VA - $20 1902 Plain Back Fr. 652 The NB of Herndon Ch. # 9635
    Nearly five years ago we were privileged to sell what was then the only large size note from this one bank community, describing it as "This is the only large note known from Herndon, once a sleepy rural town in Fairfax County and now a high tech center and bedroom community for Washington, D.C. This community has an unusual numismatic connection, having been named in honor of naval explorer William Lewis Herndon. Herndon commanded the SS Central America, the so-called "ship of gold," on its fateful last voyage in 1857, going down with his ship and its golden cargo after having helped to save 150 passengers and crew. The note bears the familiar Virginia pedigrees of Elvin Miller and Emmett Brooks, having been obtained by our consignor at the Brooks sale in 2003 for just under $3000. Expect a substantially higher realization today, as unique notes from the Commonwealth are only available on the infrequent offerings of great collections such as the Old Line holdings." Grading Very Fine 20, and estimated at $6000-$9000, it sold after a protracted floor battle for over $12,000. This piece is new to the market, having walked into a suburban Washington coin shop late last year as part of a small estate. Fortunately for collectors, it is a most attractive problem free example which is utterly problem free for its PCGS assigned grade of Fine 15. While a $12,000 realization is not likely for the second large note known, expect the hammer to fall in the very high four figure range, likely in the area of...


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    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 261

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