Goldberg Coins and Collectibles

Sale 13

The Benson Collection of U.S. Coins, Part 2

Currency

Lot	Photo	Description	Realized
Lot 2309		1900 $10,000 Gold certificate, Fr-1225. CU. . Fr-1225. 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. View details and enlarged photo	Realized $1,438
Lot 2310		1900. $10,000 Gold Certificate, Fr-1225, Fine, but damaged on the lower edge. . Fr-1225. 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. View details and enlarged photo	Realized $633
Lot 2311		1922 $100 Gold Certificate, Fr-1215. AU. . Fr-1215. 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. View details	Realized $2,185
Lot 2312		1922 $10 Gold Certificate, Fr-1173. Choice AU. . Fr-1173. 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. View details and enlarged photo	Realized $460
Lot 2313		1922 $10 Gold Certificate, Fr-1173. Choice AU. . Fr-1173. 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. View details	Realized $437
Lot 2314		1922 $20 Gold certificate, Fr-1187. AU. . Fr-1187. 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. View details and enlarged photo	Realized $575
Lot 2315		1922 $20 Gold certificate, Fr-1187. EF but with an edge tear. . Fr-1187. 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. View details	Realized $98
Lot 2316		1922 $50 Gold certificate, large size. Fr-1200. AU. . Fr-1200. 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. View details and enlarged photo	Realized $2,185
Lot 2317		1928 $10 Gold certificate, Fr-2400. Crisp Uncirculated. . Fr-2400. Decent centering and still fairly bright. Always popular for the broken golden promises. Estimated Value $200 - 250. Purchased from Allen's Coin Shop in Westerville, Ohio some years ago. View details	Realized $299
Lot 2318		1928 $20 Gold certificate, Fr-2402. Crisp Uncirculated. . Fr-2402. Brilliant colors, with bright gold ink which was applied in abundance, so much so that when this one was manufactured, the sheet behind this note left a trace of its seal on the reverse. The front is well centered, the reverse is a touch out of alignment. This is the last of the gold-backed notes. Estimated Value $250 - 300. Purchased from Superior Stamp & Coin, an A-Mark Company sale "The Premier Auction Sale", January 31, 1995, lot 1292. View details	Realized $276
Lot 2319		1928 $20 Gold certificate, Fr-2402. Choice AU. . Fr-2402. Nice centering and color. Estimated Value $175 - 225. From Lyn F. Knight Inc.'s sale, September 23, 1994, lot 682. View details	Realized $253
Lot 2320		1928 $50 Gold certificate, Fr-2404. CU. . Fr-2404. Clean surfaces and well preserved. This one has bright gold seals and serial numbers, and is well centered. Estimated Value $1,000 - 1,250. Purchased from Lyn F. Knight, Inc.'s MBS, September 18, 1995, Lot 151. View details and enlarged photo	Realized $2,415
Lot 2321		1928 $100 Gold certificate, Fr-2405. Choice AU. . Fr-2405. Great centering and just a few folds from new. These are the final issue of $100 gold certificates that were released into circulation. Estimated Value $1,250 - 1,500. Purchased from Lyn F. Knight Inc.'s CPME Auction, February 1995, lot 571. View details and enlarged photo	Realized $2,645
Lot 2322		$50 National Bank Note, The First Wayne NB of Detroit, MI. Crisp Uncirculated. . Fr-1803. Charter #10527. F-1803-1. Series of 1929. Very scarce and possibly the finest known of 10 small outstanding according to Kelly. An outstanding opportunity. The paper is slightly wavy, but the ink very bright. Decent margins all around. Estimated Value $400-UP. View details	Realized $357
Lot 2323		1866. Fractional Currency Shield, Gray Background. F-1382. . Fr-1382. The notes show average age and the background of the shield has been extensively touched up. This was done to cover over the ever present water stains which are seen on virtually every one of these popular shields. Apparently, these shields were stored somewhere soon after they were made, and most show water damage at the bottom. Nicely framed and always popular, despite the restoration done, this one will likely go to some numismatists office where it can be admired daily. Estimated Value $2,500 - 3,000. View details	Realized $3,450