Series 1861 $10 Demand Note, estimated at $125.000 Series 1861 $10 Demand Note, estimated at $125.000

 

Although many notes claim the title of "first" note issued by the United States, this is unquestionably the real deal, the rare Series 1861 $10 Demand Note, estimated at $125.000 is the only serial number 1 with the handwritten "For The" known from any of the issuing locations and one of only three Friedberg 7a's known.

The sale includes several other rare auction appearances,  such as a $20 1906 Gold Certificate graded Fine 15 by PCGS, which is the only known Gold Certificate Large Size star invert to exist estimated at $50.000 and a $100 1882 Brown Back note from The Union NB of Chicago estimated at $120.000 which is one of a literal handful of $100 Brown Backs from any location to receive a grade of 66PPQ or EPQ from either of the two major grading services. A curiosity is the $20/$10 1974 Federal Reserve Note, an error specimen. The double denomination has always been held in high esteem by paper money collectors, estimated at $25.000 it is likely to generate intense bidder interest.

The auction's selection of Face Proofs is led by a crisp and sharp Hessler SCE12 1895-dated $5 Educational Face Proof, estimated at $15.000. In comparison an exceedingly rare proof of an original series $1.000 face charter #290 U.S. National Bank Note, old for $96.050 at a Stamps, Coins & Postcards Auction held earlier this year by Philip Weiss Auction it is one of only two examples known.

Heritage Auctions', the Dallas based auction house will also be hosting Platinum Nights for US Coins and World & Ancient Coins on Thursday, August 7 and Friday, August 8.

See more currency at Barnebys here.

 

 

Comment