Friedberg 1225c. 1900 $10,000 Gold Certificate. PMG Choice Uncirculated 64. Series of 1900 $10,000 Gold Certificates were not intended for use by the public in general commerce but were reserved for financial institutions. Most if not all had been redeemed and cancelled by the 1930s. On December 13, 1935, a fire raged at the United States Post Office at 13th Street and Pennsylvania Avenue in Washington D.C. where these notes were being stored along with other documents and files. In an effort to save items from the fire, boxes and cabinets were emptied onto the streets below with hundreds if not more of these ultra-high denomination Gold Certificates raining down on the crowds of onlookers who eagerly gathered them up. Today the number of known examples is likely in the 400 to 500 range. Most are in circulated condition, punch cancelled and display varying degrees of water stains or fire damage.The type is uniface with the portrait of Andrew Jackson at left. A large 10,000 die counter is at right. At top center is "GOLD" in large golden letters. A red scalloped Treasury Seal is to the lower right of center. Blue printed serial numbers are in golden serial number panels at lower left and upper right. The engraved signatures of Treasury officials Teehee and Burke are stacked in the bottom right corner. The type features various "payable" institutions filled in near bottom center. The present example was payable to the Farmers & Mechanics National Bank of Philadelphia. The variety is the Vernon-Treat signature combination. This example is remarkably high grade in comparison to what we typically see for the type. The paper is bright and well margined. All of the engraved design elements are sharply detailed while the overprints are brilliantly colored. A number of punch cancellations are seen throughout the note as is the norm for the type. There is also a rubber stamp dated Nov. 16, 1908 from the U.S. Assistant Treasurer in Philadelphia on the back as mentioned by the grading service.