LOT #22054
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Current Bid: $50,000
D(aniel) N. Morgan Courtesy Autographed Fr. 224 $1 1896 Silver
Certificates Uncut Sheet of Four Serial Numbers 5-8 PCGS Choic...
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Description
Second Sheet Issued for the $1 Ed Design, Each Note Courtesy Autographed by DN Morgan Whose Engraved Signature Appears as Treasurer
D(aniel) N. Morgan Courtesy Autographed Fr. 224 $1 1896 Silver
Certificates Uncut Sheet of Four Serial Numbers 5-8 PCGS Choice
About New 55.
This is the second sheet produced for the $1 1896 Educational
Series. A penned notation along the bottom margin reads, "Issued
July 23, 1896 Washington, DC 12:30 PM D(aniel) N. Morgan." Morgan
has also courtesy autographed all four notes on the back vertically
to the right of Washington's portrait on two lines. "DN Morgan,"
which is the top line and "July 23, 1896," which is the bottom
line. PCGS has commented on the minor restorations in the selvage,
which appear to be the closing of a few immaterial edge splits.
D.N. Morgan's engraved signature also appears on the notes of this
sheet. He served as Treasurer of the United States from June 1,
1893 to June 30, 1897.
Uncut sheets of large size type notes are all very rare and the
desirability kicks up considerably when the notes are of an
important personality note type. Again, the desirablity increases
with the single-digit serial numbers. And once again, increases
with the dated courtesy autograph which coincides with the date of
issue of the design. Consideration also must be given to the fact
that for the design, only the first three uncut sheets of Fr. 224
and one random serial numbered Fr. 225 sheet are known. The Serial
Number 1-4 Fr. 224 sheet was offered as part of a single lot that
realized more than $1M, and contained the serial number 1-4 $2 and
$5 sheets as well. The aforementioned "random serial numbered"
sheet sold in our August 2020 ANA Platinum Night Auction for
$33,600. That example and this sheet are one of just three for
collectors to pursue, but this is historically far more
significant, surpassing the importance of the other large size
sheets we have sold for more than $100,000. This lot has so much
history going for it, and all this adds up to a paper money
treasure of the highest order.
Estimate: $100,000 - up.
Auction Info
Proxy Bidding Ends
23rd
Friday
5:50 pm CT
Auction Dates
21st-23rd
Wednesday-Friday
Proxy Bidding Time Remaining
13 Days
1h 6m 6s
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: 22
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