LOT #22307 |
Buy Now: $31,200.00
Fr. 2211-E* $1,000 1934 Mule Federal Reserve State Note. PMG Very Fine 30.. ...
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2025 October 7 - 10 GACC U.S. Currency Signature® Auction.
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Description
One of Two Fr. 2211-E* $1,000 Stars
Fr. 2211-E* $1,000 1934 Mule Federal Reserve State Note. PMG
Very Fine 30.
Track & Price may not list any Fr. 2211-E* notes as of yet because
none have appeared at auction in a very long time, dating back at
least 20 years. However, PMG has graded two pieces, the star in
this lot and also an AU 55 note. Serial number E00000647* in this
lot is an evenly circulated example in a comment free holder. It is
listed as the low serial number on page 336 of the tenth edition of
the Schwartz-Lindquist reference, while the documented high serial
number is E00000650*. Natural paper ripple rolls across the top
margin of this nicely centered Richmond $1,000 star. The conclusion
of our inspection is that this note is a solid representative for
the grade with great color and nice eye appeal. It would be a nice
representative from any district, let alone once as rare as
this.
To accompany this lot, is a affidavit from a local lawyer about how
he came to have the note in his possession. In 1987, a "little gray
haired widow" presented the note to a local bank teller asking for
smaller denominations. He was able to acquire the note and in 2002,
requested assistance from Jim Hughes at the Smithsonian. Hughes
confirmed it to be a discovery note. With no previously reported
1934 Richmond Stars, this was an important discovery.
Estimate: $25,000 - up.
View Certification Details from PMG
Track & Price may not list any Fr. 2211-E* notes as of yet because none have appeared at auction in a very long time, dating back at least 20 years. However, PMG has graded two pieces, the star in this lot and also an AU 55 note. Serial number E00000647* in this lot is an evenly circulated example in a comment free holder. It is listed as the low serial number on page 336 of the tenth edition of the Schwartz-Lindquist reference, while the documented high serial number is E00000650*. Natural paper ripple rolls across the top margin of this nicely centered Richmond $1,000 star. The conclusion of our inspection is that this note is a solid representative for the grade with great color and nice eye appeal. It would be a nice representative from any district, let alone once as rare as this.
To accompany this lot, is a affidavit from a local lawyer about how he came to have the note in his possession. In 1987, a "little gray haired widow" presented the note to a local bank teller asking for smaller denominations. He was able to acquire the note and in 2002, requested assistance from Jim Hughes at the Smithsonian. Hughes confirmed it to be a discovery note. With no previously reported 1934 Richmond Stars, this was an important discovery.
Estimate: $25,000 - up.
View Certification Details from PMG
Auction Info
2025 October 7 - 10 GACC U.S. Currency Signature® Auction #3599 (go to Auction Home page)
Auction Dates
October
7th-10th
Tuesday-Friday
Post-Auction Buys Period Ends
2 Days
20h 37m
Bids + Registered Phone Bidders: N/A
Lot Tracking Activity: N/A
Page Views: 235
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** Lots bearing estimates and without Consignor Reserve shall open at Heritage Auctions' discretion (usually 25% to 60% of the low estimate).