亲,请登录 | 免费注册 | 联系客服

客服QQ:18520648
微信账号:shouxicom
电话:0086-10-62669610

| 手机首席

关注首席官方微信号
掌握最新最全钱币动态

联合创办 CICE/HKCS 系列钱币展销会

联合创办 CICE/HKCS 系列钱币展销会

首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2019年2月巴尔地摩#5-Joel集藏

Lot:4023 Friedberg 212a (W-3280). 1864 $100 Interest Bearing Note. PCGS Currency Very Fine 30.

上一件 进入专场 下一件

世界钱币

USD 125000 - 175000

SBP2019年2月巴尔地摩#5-Joel集藏

2019-03-01 06:00:00

2019-03-01 07:00:00

USD 1560

SBP

成交

Friedberg 212a (W-3280). 1864 $100 Interest Bearing Note. PCGS Currency Very Fine 30.This impressive $100 Interest Bearing Note is one of just four examples known for the catalog number. It bears an engraved issue date of August 15, 1864 and displays Lieutenant General Winfield Scott at the center of the note. Black die counters with 100 overlapping Roman numeral Cs are at upper left and right. Green Roman numeral Cs are at upper right and left of center and green 100 die counters are to the bottom left and right. A small red spiked Treasury Seal is to the right. The engraved signatures of Colby and Spinner are seen at bottom left and right respectively. These notes bore 7.3% interest and were payable semi-annually in "lawful money." Buyers were banks and other investors. These notes never passed hand to hand in general circulation. This particular example has the "promise to pay" filled in with "Secretary of the Treasury for redemption."pThe back is printed in green with large Roman numeral C counters at left and right. Language on the back, right of center, explains that the notes could be converted to bonds any time after five years, payable 20 years from August 15, 1867 with six percent interest per annum. This example is bright and evenly circulated with ample margins. The printed inks are bold with vibrant green protector inks as well.pAll four examples of the catalog number are privately held. This note, with serial number 213729, is the finest graded example of the four. It is the plate note seen on page 629 of the emWhitman Encyclopedia of U.S. Paper Money/em by Q. David Bowers. This note last appeared in auction in 2005 where it realized $97,750. The market for "Middle of the Book" rarities such as this is more developed now and we certainly expect to see a price realization well into the six figures once the gavel comes down.strongFurther Numismatic Commentary for 1864/strongpIn 1864, the last full year of the Civil War, the value of Legal Tender Notes went from bad to worse, and on July 11, a $10 paper note was worth just $3.90 in silver coins. In the Confederacy, a $10 note was worth just 46¢ in coin. The Act of April 22, 1864 discontinued the copper-nickel alloy for cents, and authorized mintage of cents and two-cent pieces in "French bronze," an alloy continued in use (for cents) through much of the first half of the twentieth century. The same legislation prohibited the private issuance of tokens to circulate as money. This bothered the issuers not in the slightest, and various minters continued to turn out millions of tokens dated 1864!ppIn this year two-cent coins were the first to circulate with IN GOD WE TRUST; this motto appeared on silver denominations, 25¢ and up, gold $5 and up, beginning in 1866. Cents struck later in 1864 bore engraver James B. Longacres initial L on the bonnet ribbon; the gold dollar had shown the L since 1849, while the $3 and $20 displayed JBL on the neck truncation from the beginning of these denominations. Philadelphia mintages of most silver and gold denominations remained low for much the same reasons as in 1863. At the Philadelphia Mint the wholesale restriking of old rarities and the creation of new patterns continued apace, as it had since the spring of 1859. This was a very secret operation conducted by Mint officials with no records kept. This illegal action proved to be a boon for a later generation of numismatists; at least 90% of the patterns and restrikes avidly sought by collectors today were made during that period, until a change of directorship in the summer of 1885.ppCoin auctions, mostly held in New York City, were dynamic with many bidders. Buyers had to pay in coin or, if in paper money, a larger sum than invoice to adjust for the depreciation of the bills. Bankers Magazine, June 1864, gave a report that included this:ppem"Coin Sales in New York. At a recent sale of coins by Bangs, Merwin & Co. of this city, a United States cent of the year 1793 brought $30. Another of the same date, but of a different variety, brought $16. A cent of 1796, with the cap of Liberty behind the head, was sold for $15-a very large price, when it is considered that the specimen sold was by no means what collectors call "Uncirculated." A cent of 1804, described as a "splendid impression," was knocked down at $26. One of the next year, 1805, brought $13, and one of 1811 the astonishingly high price of $25. A half cent of 1793 brought $16.50. A coin or token, struck in England in 1694 for the "Carolinas" in North America, bearing a representation of an elephant on one side, and the words "God preserve Carolina and the Lords Proprietors" on the other, was sold for $41. A similar piece, struck at a later period, for the British settlement in Kentucky, brought the extraordinary sum of $105. This token was in silver, but it is said, that a specimen in copper, equally fine, would have brought the same price."/emppFrom Currency Auctions of Americas sale of September 1997, lot 1424; Heritage/CAAs sale of February 2005, lot 16761.

价格参考 Price Guide