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    Description

    Gem New 65PPQ $1,000 Gold Certificate

    Fr. 2408 $1,000 1928 Gold Certificate. PCGS Gem New 65PPQ.
    A simply gorgeous and exceedingly rare $1,000 Gold Certificate, this piece made its last public appearance in our 2006 FUN auction. At that time, we said: "This is a true monster of a note, and is very likely the finest $1000 small size Gold Certificate we have ever had in any of our sales. The colors are unbelievably bright, the paper white as snow, the centering perfect on the face and more than adequate on the back, and the overall effect simply dazzling to the eye." Later on, PCGS agreed with our assessment in assigning a 65PPQ grade to this beautiful Gold Certificate.
    A quick review of PCGS and PMG grading standards reflects that only notes showing complete originality and outstanding paper quality are designated as PPQ (Premium Paper Quality - PCGS) or EPQ (Exceptional Paper Quality - PMG). Current census data from PCGS & PMG reveals that only about twenty 1928 gold thousands have received the PPQ or EPQ designation, underscoring the fact that these notes, while scarce in any grade, are exceptionally rare in original, as issued condition. This chance survivor possesses the twin hallmarks of greatness - quality and rarity. It radiates a superb print quality and a flashy gold overprint which make for pleasing eye appeal. Given the quick absorption by strong hands of the only other 1928 $1000 gold Gems many years ago, it is possible that this note is the one and only Gem 1928 gold thousand that will be available to collectors for many years to come.


    Estimate: $70,000 - $90,000.

    Auction Info

    Proxy Bidding Ends
    January
    22nd Friday 5:50 pm CT
    Auction Dates
    January
    21st-25th Thursday-Monday
    Proxy Bidding Time Remaining
    7 Days 1h 50m
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: 78
    Page Views: 1,162

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 4 - Heritage Signature® Auctions Floor Session Platinum Night (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 21001-21202) - 6:00 PM Central Time, Friday, January 22, 2021.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 7 days before the live session begins and continues through the session.)

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    Additional Location Info:
    Heritage Auctions
    2801 W. Airport Freeway
    Dallas, TX 75261



    Current Bid:
    $82,500
    Bid Protection
    w/ Buyer's Premium (BP) : $99,000.00 Minimum Next Bid: $85,000 ($102,000.00 w/ BP)
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