Feb 18-19, 2002, The Benson Collection Part 2, Sale 13
Lot 2309
1900 $10,000 Gold
certificate, Fr-1225. CU. As with all others (save the other Fr-1225 in
this sale) this note has been cancelled and has water stains that are seen on
most of these notes, but this one is not scorched or burned by the fire which
resulted in this notes "availability". Great eye appeal and well centered.
These notes were being stored in a Treasury warehouse in 1935 when a fire broke
out, as the fire spread, some of these notes caught fire, and many were thrown
out of the building onto the street to prevent the fire from spreading.
Naturally, many people assisted the fire fighters by removing the flammable
notes and running away! An excellent example to frame and display.
Estimated Value $1,250-1,500.
From Heritage's 2001 FUN Currency
Auction, lot 4705.
Lot 2310
1900. $10,000 Gold
Certificate, Fr-1225, Fine, but damaged on the lower edge. Here is a
curiosity, supposedly all these $10,000 gold notes were cancelled, but somehow
this one was not. Even though this one has not been cancelled, we doubt the
Treasury Department would redeem it today, but you can always ask! As with the
other known examples, the lower edge is damaged with both corners missing from
the 1935 Treasury warehouse fire, and this is best seen by the photograph
above. The ink is still reasonably bright, and Jackson looks undiminished
despite his near roasting back in 1935. Gold notes of this denomination are
seldom offered and rarely encountered. An excellent item for the advanced
collector to research and treasure.
These notes became available in 1935
when the Treasury warehouse caught fire. As the fire spread, some of these
notes were thrown out onto the street to keep the fire from spreading. Many
were scorched or burned, and most at least show water damage. Passersby quickly
took advantage of the situation, and spirited away a number of the notes. One
can only guess at the excitement of finding a $10,000 bill during the middle of
the Great Depression! Here is one of those notes for the adventurous collector.
Estimated Value $500-750.
Purchased from Heritage's FUN 2001
Currency Auction, lot 4703.
Lot 2311
1922 $100 Gold
Certificate, Fr-1215. AU. Nicely centered and preserved, with minimal
handling. The obverse depicts Thomas Hart Benton combined with the reverse of
the small eagle with the fasces.
Estimated Value $1,800-2,000.
From
a Lyn Knight sale, unknown date, lot 734.
Lot 2312
1922 $10 Gold Certificate,
Fr-1173. Choice AU. Bright and fresh ink on both sides, with rich black and
gold ink on the front. The top margin is a bit tight, but still worth a good
bid.
Estimated Value $250-300.
Lot 2313
1922 $10 Gold Certificate,
Fr-1173. Choice AU. Nice surfaces and color on this note, although the top
and bottom margins are thin. A beautiful note for the collector.
Estimated
Value $250-300.
Lot 2314
1922 $20 Gold certificate,
Fr-1187. AU. Dark ink on the front, with the paper appearing fresh and
bright. We note the margins are thin on the bottom. A beautiful note and quite
collectible in this grade.
Estimated Value $400-500.
Lot 2315
1922 $20 Gold certificate,
Fr-1187. EF but with an edge tear. There is a long tear near the lower
right edge which has been carefully repaired, it is more noticeable on the
back. Still quite presentable.
Estimated Value $125-150.
Lot 2316
1922 $50 Gold certificate,
large size. Fr-1200. AU. The top margin is a bit narrow, as well as the
lower one too, but neither are into the outer ink line. Nice orange colored ink
on the back, and still fresh throughout.
Estimated Value $1,250-1,500.