Goldberg Coins and Collectibles



Sale 32

Pre-Long Beach Coin and Currency Auction


Legal Tender - Large Size
 
 
Lot Photo Description Realized
Lot 157
1862, $10 United States Note. Fr-94. Center split and reinforced. A very scarce greenback from the Civil War period, issue of 1862. The Frederick Girsch engraving of Lincoln was based on a photograph by C. S. German. The standing figure symbolizes Art (or Painting). PCGS graded Apparent Very Fine 30.

During the 1861-65 "War of the Rebellion" as it was offically called, the Secretary of the Treasury was Mr. Salmon Portland Chase. He hit upon with the concrete idea that the government could issue unfunded paper money directly and then issue a moratorium on the redemption of their own paper bills! They were really just small "no interest" bonds issued by the government with nothing more than a promise to redeem them at some time after the war at an "unspecified" later date. These were the first paper dollars issued by the federal government. On February 25th, 1862 the northern government printed $150,000,000 of these new "greenbacks". They were used to pay the army and make purchases for the army. The Northern government agreed to continue to pay its interest payments on their regular bonds in gold and naturally demanded that all taxes continue to be paid in gold. The North insisted, however, that the greenbacks were just as good as gold redeemable currency and should circulate side by side with regular gold redeemable currency. (As events soon proved, the greenbacks weren't as good as gold, and gold was quickly hoarded, disappearing from circulation by early in 1862.)

Many of the congressmen of the day spoke out against these greenbacks but they reluctantly voted them (narrowly) into existence. Many of the yes votes were qualified on the floor of the house and senate. Many statements to the effect that "however bad greenbacks may be we see no other alternative and we therefore reluctantly vote for them" were recorded. This was clearly unconstitutional and the representatives and senators knew it at the time! Many people and newspaper editors pointed this out and many were imprisoned.
Estimated Value $800 - 1,000.
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Realized
$2,070
Lot 158
1880, $10 United States Note. Fr-107. Large spiked red seal with blue serial numbers. Scarcer Freidberg Number. PCGS graded Good 06.
Estimated Value $150 - 200.
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Realized
$299
Lot 159
1880, $10 United States Note. Fr-113. Desirable "jackass note" from the small eagle featured on the lower front. When the note is held upside down, this eagle takes the form of a floppy-eared donkey or jackass, hence the note's nickname. The same eagle is used on the impressive Fractional Currency shields of 1866-67. PCGS graded Very Good 10.
Estimated Value $200 - 300.
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Realized
$322
Lot 160
1880, $10 United States Note. Fr-113. Small red scalloped seal with blue serial numbers. The portrait is that of Daniel Webster. The scene on the right is Introduction of the Old World to the New World, or Pocahontas Presented at Court. PCGS graded Very Good 10.
Estimated Value $200 - 300.
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Realized
$276
Lot 161
1901, $10 United States Note. Fr-114. Impressive for the grade with a little crispness still found in areas. Full margins at top and bottom, which is desirable. PCGS graded Fine 15.
Estimated Value $500 - 600.
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Realized
$661
Lot 162
1901, $10 United States Note. Fr-114. Another desirable Bison note (of which this consignment contains many affordable grades and signature varieties). PCGS graded Fine 12.
Estimated Value $450 - 550.
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Realized
$604
Lot 163
1901, $10 United States Note. Fr-114. Edge problems and the design redrawn in places. Still an acceptable note featuring Lewis and Clark flanking an American bison. PCGS graded Apparent Fine 15.
Estimated Value $200 - 300.
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Realized
$357
Lot 164
1901, $10 United States Note. Fr-115. Ostrander Smith based his bison design of Pablo on a sketch by Charles Knight. The portraits of Lewis and Clark were by G. F. C. Smillie. PCGS graded Fine 12.
Estimated Value $450 - 550.
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Realized
$546
Lot 165
1901, $10 United States Note. Fr-115. Historic bison note, this "buffalo bill" could have been designed to stimulate interest in the Lewis and Clark Centennial Exposition in 1905. The same bison "Pablo" appears on the 3-cent stamp of 1923 and the $1 military payment certificate Series 692. PCGS graded Very Good 08.
Estimated Value $350 - 450.
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Realized
$518
Lot 166
1901, $10 United States Note. Fr-116. A fantastic example of this ever-popular Bison series of 1901. Crisp, bright, with square corners, balanced margins, and not a single problem of even the most minute dimensions. In other words, just about "as made" and sure to excite the connoisseur of this series. Friedberg-116 has the signatures of Vernon and Treat. A total of 17,030,000 of these were put into circulation. While note the rarest Bison note signature combination, this type is much more elusive than the commoner Lyons-Treat F-115 notes.

Ostrander Smith based his bison design of Pablo on a sketch by Charles Knight. The portraits are those of Lewis and Clark and appear due to interest in the Lewis and Clark Centennial Exposition in 1905. CGA graded Gem Uncirculated 67.
Estimated Value $8,000 - 10,000.
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Unsold
Lot 167
1901, $10 United States Note. Fr-116. Normal light soiling for the grade. PCGS graded Fine 12.
Estimated Value $450 - 550.
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Realized
$546
Lot 168
1901, $10 United States Note. Fr-116. Bleached and thereby discolored. Still has a little crispness remaining. PCGS graded Apparent Fine 12.
Estimated Value $200 - 300.
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Realized
$265
Lot 169
1901, $10 United States Note. Fr-118. Rust stains. PCGS graded Apparent Very Good 08.
Estimated Value $200 - 300.
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Realized
$219
Lot 170
1901, $10 United States Note. Fr-120. Pleasing bold red X and TEN on the left; two serial numbers in red, and a red Treasury seal. PCGS graded Fine 12.
Estimated Value $450 - 550.
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Realized
$546
Lot 171
1901, $10 United States Note. Fr-120. PCGS graded Fine-12.
Estimated Value $400 - 500.
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Realized
$604
Lot 172
1901, $10 United States Note. Fr-121. Another attractive example. PCGS graded Fine 12.
Estimated Value $450 - 550.
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Realized
$690
Lot 173
1901, $10 United States Note. Fr-121. Only 10 million of the Elliot-White notes were issued. PCGS graded Fine 12.
Estimated Value $450 - 500.
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Realized
$575
Lot 174
1901, $10 United States Note. Fr-121. PCGS graded Very Good 08.
Estimated Value $350 - 450.
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Realized
$345
Lot 175
1901, $10 United States Note. Fr-121. PCGS graded Very Good 08.
Estimated Value $350 - 450.
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Realized
$380
Lot 176
1901, $10 United States Note. Fr-122. A beautiful crisp Bison note with bright colors throughout. PCGS graded MS-62 PPQ.
Estimated Value $2,000 - 2,250.
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Realized
$3,565
Lot 177
1901, $10 United States Note. Fr-122. Well centered and bright with just the faintest evidence of a center fold. PCGS graded AU-55.
Estimated Value $1,250 - 1,500.
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Realized
$2,588
Lot 178
1901, $10 United States Note. Fr-122. Cleaner than average for this grade with pleasing balanced margins and nice color; even some crispness remains. PCGS graded Fine 15.
Estimated Value $500 - 600.
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Realized
$805
Lot 179
1901, $10 United States Note. Fr-122. PCGS graded Fine 12.
Estimated Value $450 - 500.
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Realized
$575
Lot 180
1901, $10 United States Note. Fr-122. PCGS graded Fine 12.
Estimated Value $450 - 550.
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Realized
$604
Lot 181
1901, $10 United States Note. Fr-122. Edge tear at top right; still leaves this note with original crispness and no heavy counting smudge as on some. PCGS graded Apparent Very Fine 20.
Estimated Value $400 - 500.
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Realized
$719
Lot 182
1901, $10 United States Note. Fr-122. PCGS graded Very Good 10.
Estimated Value $400 - 500.
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Realized
$357
Lot 183
1901, $10 United States Note. Fr-122. Since the bison notes are among the most popular in the entire series of American paper money, collectors and bidders will have a field day with these circulated examples. Trust us when we say this is an unusual opportunity that shouldn't be overlooked. PCGS graded Very Good 10.
Estimated Value $400 - 500.
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Realized
$357
Lot 184
1901, $10 United States Note. Fr-122. PCGS graded Very Good 10.
Estimated Value $400 - 500.
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Realized
$391
Lot 185
1901, $10 United States Note. Fr-122. Edge tear at top left. Complete upper and lower margins, which is all the more desirable. PCGS graded Apparent Fine 15.
Estimated Value $350 - 450.
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Realized
$380
Lot 186
1901, $10 United States Note. Fr-122. PCGS graded Very Good 08.
Estimated Value $350 - 450.
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Realized
$357
Lot 187
1901, $10 United States Note. Fr-122. Design redrawn at the folds. PCGS graded Apparent Very Good 10.
Estimated Value $200 - 300.
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Realized
$276
Lot 188
1901, $10 United States Note. Fr-122. Edge problems at left, but nothing major the lead you to avoid it. PCGS graded Apparent Very Good 10.
Estimated Value $200 - 300.
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Realized
$253






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