January 25-28, 2004, The Pre-Long Beach Coin & Currency Auction
Sale 23

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Coin Notes (Treasury Notes)

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211    Fr-349. 1890, $1 Coin Note. Light, uniform age toning. All 1890 Treasury Note Aces are rare, but Friedberg values this number the highest of the three. This mid-grade note will be the object of many bidders' attentions. Very Fine to Extremely Fine.
Estimated Value $800-900.
 

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212    Fr-352. 1891, $1 Coin Note. Outstanding color and well centered. Gem Crisp Uncirculated.
Estimated Value $900-1,200.
 

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213    Fr-354. 1890, $2 Coin Note. Moderate, uniform age toning, slightly darker along some of the folds. This is one of the tougher Treasury Note numbers and the rarest of the three 1890 Deuces. Difficult to acquire in any grade. Fine.
Estimated Value $1,000-1,250.
 

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214    Fr-355. 1890, $2 Coin Note. Another example of this variety, here with excellent eye appeal and bright, vivid colors. EF's are worth twice the price of a VF, so many more collectors will have a chance to own this impressive piece. Very Fine.
Estimated Value $1,300-1,600.
 

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215    Fr-355. 1890, $2 Coin Note. Nearly as rare as Fr-354, here with less than 50 examples known of the variety. This one has a nice, clean appearance that is sure to please. Expect a lot of competition for this impressive "McPherson Deuce." Fine.
Estimated Value $1,250-1,500.
 

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216    Fr-356. 1891, $2 Coin Note. This piece is a supreme example, with broad margins, excellent colors, and strictly original paper surface. Keeping from the Gem category by the back being centered just a little low. This is the scarcest of the three 1891 Coin Note Deuces. Choice Uncirculated.
Estimated Value $1,500-2,000.
 

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217    Fr-356. 1891, $2 Coin Note. Nice and crisp. The grade of this note derives mostly from the four, crisp vertical folds, as the paper is bright and the note seems very clean. As a type, the 1891 McPherson Deuces are much more common than the 1890's, but this is a relative term, as they are all scarce to rare. Extremely Fine.
Estimated Value $700-800.
 

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218    Fr-363. 1891, $5 Coin Note. Very original note with deep embossing. Choice Uncirculated.
Estimated Value $1,500-2,000.
 

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219    Fr-365. 1891, $5 Coin Note. Only 21 examples are known of this note, making it an extremely desirable item with the specialists. This is a rock-solid Fine -- well-circulated but intact and very collectible. This is also the toughest of the 1891 Thomas "Fins". Fine.
Estimated Value $1,000-1,250.
 

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220    F-368. 1890, $10 Coin Note. Spectacular 1890 Coin note which features extraordinary centering of the face, original paper quality, perfect colors of the inks and paper and astounding eye appeal. The elaborate backs of these 1890 notes allows one to examine the Victorian details of the fantastic engraving. Choice Uncirculated.
Estimated Value $3,750-4,250.
 

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221    Fr-371. 1891, $10 Coin Note. A very handsome note with only the very lightest handling marks. A nice representative example of this note, with General Sheridan and his stern look (he must have been an imposing foe during the Civil War). Rare, so nice and one of only about two to three dozen known. Almost Uncirculated.
Estimated Value $2,000-2,500.
 

1890, $20 Coin Note

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222    Fr-373. 1890, $20 Coin Note. Finest known of only 8 pieces. This is the rarest of the three varieties that make up the 1890 series. Most known examples are in poor or heavily circulated conditions (a fact reflected in the Friedberg book, where this variety is priced at $4,000 in Very Good and with dashes in Very Fine and Extremely Fine)! This is a nice, clean note with no noticeable flaws or impairments. The paper is bright and the overall appearance is impressive for the type and grade. A wonderful opportunity for the serious collector to obtain a note that is not only rare, but finest known for the variety!

The portrait on this note is of John Marshall, former Chief Justice of the United States Supreme Court also famous the definitive biography of George Washington (published in five volumes from 1804-1807). CGA graded Extremely Fine 40.
Estimated Value $20,000-22,500.
 

Famous $100 Watermelon in Choice Condition

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223    Fr-377. 1890, $100 Coin Note. One of the classic rarities in the American paper money series. The nickname "Watermelon Note" comes from the unusual, machine-turned engraving inside the 0's in the denomination on the back of the note -- they literally look like watermelons! This is a lovely note, pulled from circulation many years ago before any serious damage could occur. Thus, the paper is nice and crisp, the color is good, and the surfaces are nice and flat. Apart from some light soiling, this impressive note has no impairments. A wonderful note that is sure to incite spirited bidding. Very Fine to Extremely Fine.
Estimated Value $70,000-80,000.