Fr. 1214. 1882 $100 Gold Certificate. PMG Superb Gem Uncirculated 67 EPQ. Out of 220 notes graded by PMG for this Friedberg number at the time of cataloging, this note is tied with a single other for the title of Top Pop. This note displays darkly printed design elements and bold golden underprints. The back print is brilliantly colored with the open fields confirming the strict originality of the paper. This note has been off the market since it last sold in a 2008 public sale, where it realized a whopping $80,500. Given the demand for high end paper in todays market, we expect the price realized tonight to far exceed that previous number.<p>The face of this note has the portrait of Missouri Senator Thomas Hart Benton to the left and the denomination in two conjoined rosettes at right. Gold overprints include "GOLD" at the top center and backgrounds to the serial numbers. Issued under the Act of March 3, 1863. The back is printed in a rich orange-gold and has an eagle at the center. After December 17, 1878, gold coins and paper currency were exchangeable at par in general commerce. Accordingly, these are the first of the Gold Certificates that saw wide use. <p>The print run of this variety was 1,020,000 and we estimate that fewer than 500 survive today. PMG Pop 2/None Finer.
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