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.
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| Realized $633 |
