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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2018年10月巴尔地摩#4-美国纸钞The Joel R. Anderson

Lot:3018 Friedberg 202d (W-4400). 1861 $1,000 Interest Bearing Note. PCGS Currency Very Choice New 64. Specim

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USD 30000- 40000

SBP2018年10月巴尔地摩#4-美国纸钞The Joel R. Anderson

2018-10-26 06:00:00

2018-10-26 07:00:00

USD 40800

SBP

成交

Friedberg 202d (W-4400). 1861 $1,000 Interest Bearing Note. PCGS Currency Very Choice New 64. Specimen.Offered is a fully printed specimen example of this 1861 $1000 Interest Bearing type that is unknown in issued form. This type has green border prints and security panel, which is completely inverted on this example. Washingtons portrait is at left with intricate 1000 die counters above and below. Liberty is at center with wreath and shield. At right is the north wing of the U.S. Treasury Building with intricate 1000 die counters above and below. The back is reddish brown and is vertically oriented. UNITED STATES OF AMERICA is at top while a panel near center reads Pay to Bearer with a space below for a signature. The remaining fields contain small geometric die counters in a cycloidal configuration. Serial number 3973 is penned in red ink in both serial number spaces on this plate A note. There are two punch cancellations on the signature line.<p>Issued notes bore 6% interest for two years. These were sold at a discount at the time of issue and redeemed at face value to reflect the interest accrued. There were 8,336 examples issued, though by 1869 all had been redeemed.<p>Formerly from the Alexandre Vattemare Collection and rim mounted as notes from that collection were. This is the only complete face and back printed example known of the type. We sold a face proof in Part I of the Anderson Collection for $38,400 (lot 1027). This specimen example should certainly be worth more.<p>The fascinating story of Vattemare and his relationship with numismatics and culture in America is told in our offering of proofs in the Caine Collection in our separate catalog.<p>Unlike proofs of the notes of state-chartered banks that were distributed to bank officers and directors and are seen with some frequency today (although proofs of specific banks can be unknown or rare), proofs of federal notes are so rare that even the most advanced collectors are apt not to own a single specimen.<p>Federal proofs except for some Postage Currency and Fractional Currency issues that were made available to collectors were mainly used internally within the Treasury Department and congressional committees. As is related in the Caine Collection, Vattemare was in effect an honored guest from France who was given rare, perhaps unique courtesies by the Treasury Department.<p>Apart from the above, very few proofs ever reached numismatists. In the 19th century there was hardly any interest in federal notes-curious to contemplate as colonial notes, Continental Currency, Postage Currency, Fractional Currency, and even Confederate States of America were in strong demand. By the time that numismatic interest became intense in the 20th century, nearly all extant specimens had disappeared.<p>Gene Hessler, a leading currency specialist in many areas, created a superb study, <em>U.S. Essay Proof and Specimen Notes.</em> This encompasses just about all that is known about proofs. Recently, Whitman Publishing LLC acquired the rights, and plans are being made under Genes supervision to create a new edition.<p><p><p><p><p><strong>PCGS Population: </strong>1, none finer.<em>From Robson Lowe & Christies September 1982 sale of the Vattemare Collection Part II, lot 1521; Heritage Auctions sale of May 2005, lot 16689.</em><p><em>Comment: Many proof and other notes from the Vattemare Collection have not had their provenances preserved by later owners.</em><p>

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