Goldberg Coins and Collectibles



Sale 34

Pre-Long Beach Coin and Currency Auction


U.S. Currency Colonial Notes
 
 
Lot Photo Description Realized
Lot 3154
  FR-126b. 1863, $20 United States Note. PMG Gem New 66. . Fr-126b. A gorgeous early "Legal Tender" of the greenback period, this important series started it all when the government of the North, in an effort to pay for the quickly escalating costs of the Civil War, resorted to a series of unbacked paper notes. The paper of this note is truly fresh and the solid gem quliaty appears in the white paper, the bright green and red color overprint with black contrast in the front design. There are two serial numbers; AMERICAN BANK NOTE CO. NEW YORK in the lower border.
Estimated Value $14,000 - 16,000.
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Realized
$17,825
Lot 3155
Fr-127. 1869, $20 United States Note. PCGS Superb Gem New 67PPQ. . Fr-127. . KL-526. Finest Known" Pop 1. An utterly gorgeous example of this desirable type, CGA also lists a Gem Uncirculated 67 (recently offered in a Superior sale). The note is nicely printed in all areas with just superb margin balance at the four borders. The colors on the lower denomination Rainbow notes of 1869 are green, blue, and red, and on the higher denominations like this $20, blue and red. Coupled with the white paper of the pristine Gem quality, the effect is outstanding!
Estimated Value $25,000 - 30,000.
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Realized
$27,600
Lot 3156
Fr-128. 1875, $20 United States Note. PCGS Gem New 66PPQ. . Fr-128. . KL-527. "Finest Known" Pop 1. There is minor fading on the red overprint of this handsome piece, but the margins are ideally balanced. Minor smudge in the right hand margin. A gem example.
Estimated Value $8,000 - 10,000.
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Realized
$9,200
Lot 3157
1878, $20 United States Note. PCGS Superb Gem New 67PPQ. . Fr-129. . KL-528. A candidate for finest known. Possibly from a long ago bundle of 100 notes, this A101xxxxx note is similar to several other high-end gems that turn up once ever two years or so on the market. With the changeover to the 1875 series, the colorful array on the front gives way begrudgingly to a pair of large double-X Roman numerals on either side of a large 20 in the center. The overprint is in red and the Allison-New signatures unique to this 1875 series with small red seal having rays. An incredible array of rich sahdes of color enhance the crisp fresh surface of this lovely gem $20 legal tender note. The devices are bright, the margins complete and balanced, and evenly cut from the original sheets. In a word, the note is outstanding!

All notes of this issue were printed under authority of the Congressional Act of March 3, 1863. The notes issued were from 1 to 10,000 Dollars and include the series of 1869, 1874, 1878, 1880, 1907, 1917 and 1923. The notes of 1869 are titled "Treasury Notes;" all later issues are titled "United States Notes." However, the obligation on all series is the same. "The United States will pay to bearer dollars#. This note is a legal tender at its face value for all debts public and private, except duties on imports and interest on the public debt."
Estimated Value $8,000 - 9,000.
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Unsold
Lot 3158
1880, $20 United States Note. PMG Gem New 66. . Fr-142. . KL-541. Small red scalloped seal with lovely blue serial numbers. The same designs as on the 1869 Rainbow series, 1875, and 1880 series $20 bills (which were in production until the late-1920s by the way, despite the 1880 series date). This is a handsome Bruce-Roberts piece with simply gorgeous wide margins leaving the note nicely centered and perfectly framed. A note for the connoisseur.
Estimated Value $3,500 - 4,500.
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Realized
$4,830
Lot 3159
1880, $100 United States Note. . Fr-173. . KL-792. An extremely high grade for this very rare issue, and an incredible "looker" for the advanced collector of paper money A choice quality example with the appearance of a "CU" note, it has three wide margins, one narrow but still complete (lower) margin and only a little soiling in the area where the counting smudge usually occurs. Large brown seal and blue serial numbers.

Lincoln is on the left; at the right, an allegory representing Architecture. The note is totally without repairs or restorations, and it has retained rather fresh color. It's been quite a while since a nice high grade F-173 has been available to collectors, and this one should create a bit of excitement. Almost Uncirculated.
Estimated Value $25,000 - 30,000.
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Unsold



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