Goldberg Coins and Collectibles

Sale 126

February 14-15 Coin Auction

The Zeitmann Collection of US Currency

Lot	Photo	Description	Realized
Lot 1		Incredible Gem Fr. 1601 with Solid Serial #11111111. Gem Uncirculated Fr. 1601 $1 1928A Silver Certificate with coveted solid serial #R11111111A graded PMG 66 EPQ. The EPQ designation indicates "Original Paper Quality", which is the highest accolade the grading service can apply to the note. (Before the introduction of the star designation at a later date.) It indicates in their opinion that the note is fully original, nicely embossed and has very likely had no restoration work done on it. Estimated Value $5,000 - 10,000 This amazing solid serial # note has been graded PMG 66EPQ. If you're seeking out 1928 era $1 SCs with fancy numbers, you'll find the vast majority of them will grade 63 or lower. Little thought was ever given to centering on these older issues, so a grade of 65 or higher is a rarity. But in the case of the Zeitmann Brothers collection, you are seeking it's true appeal which is the serial numbers they have acquired. The census we have illustrating the number of solid serial numbered $1 1928 era SCs with s/n's 11111111 - 9999999 known is only 36 in total (from 11111111 - 99999999), with five #11111111's known, those being the 1928s: B11111111A, F11111111A, and 1928A: K11111111A, R11111111A and Z11111111A. This specific note is likely the finest known of the five, as not all of them have been slabbed. It has superior centering front and back, with punch through embossing of the seal and serial numbers. This note and the following eight solid serial numbered notes all came from the Mel Wilmore collection sold in March 2014 by Lyn Knight Currency Auctions. The #33333333 - 99999999 were also ex. John Whitney Walter sale from November 2004. View details and enlarged photos	Realized $8,400
Lot 2		Fr. 1601: One of three known solid seral #22222222s from the 1928 era. You are bidding on one of only three known 1928 era $1 SC solid serial #22222222 notes. Both this note #R22222222A and the X22222222A were graded PMG 66 EPQ. The $1 1928A D22222222B is in an AU holder. If you're working on a complete set of solid serial numbers from this era, you'd best acquire this amazing piece, as it could be decades before the other two come up for sale. Estimated Value $4,000 - 8,000 This note and it's mate in the first nine lots offered today were assembled by Mel Wilmore. Mel assembled set over only a decade of searching and was both diligent and truly lucky to assemble the nine notes in this section of the auction catalog. Mel was the former President of Zale's Jewelry and the COO of Ross Stores. Ex. Mel Wilmore Collection, sold in the spring of 2014. View details and enlarged photos	Realized $6,300
Lot 3		One of three known, Fr. 1601s with serial #33333333. This is one of the three known $1 SC with a solid 3's serial number. The Fr. 1601 $1 1928A SC #R33333333A has been graded PMG 63EQ, and is bright and fresh, and perfectly matched in color with the other notes in this set of #11111111 to #99999999. The $1 1928A T33333333A in a 63EPQ holder realized $6462 at a StacksBowers auction five years ago. Estimated Value $5,000 - 9,000 Having specialized in fancy serial numbers for 54 years, I can tell you that you MUST own this incredible banknote. The census we have on the 36 known solid serial numbers from this era, show that only three solid #33333333s exists and that's including this #R33333333A being offer today that survived in uncirculated condition, graded PMG 63 EPQ. Ex. Mel Wilmore Collection, sold in the spring of 2014, and ex. John Whitney Walter Collection sold in November 2004. View details and enlarged photos	Realized $6,000
Lot 4		One of six known, 1928a era SCs with serial #44444444. There are six known $1 1928 era SCs with serial number 44444444 and this one looks as good as any of the others. This note has been graded PMG 58 Choice About Uncirculated. It will take a long study to find any reason why this note isn't in a 64 or higher holder. That being said, it is a perfect match in paper color and blue ink color to the other notes in the 11111111 to 99999999 set. Estimated Value $4,000 - 8,000 This Fr. 1601 $1 1928A SC V44444444A note and it's mate in the first nine lots were assembled by Mel Wilmore. Mel assembled set over only a decade of searching and was both diligent and lucky to assemble the nine notes in this section of the auction catalog. Mel was the former President of Zale's Stores and CEO of Ross Stores as well. This note has been graded PMG 58 Choice About Uncirculated, with the look of an Unc specimen. We note at the time of cataloging this sale, that the $1 1928A SC C44444444B in a 65Q holder is offered for sale on the internet at $6900. Ex. Mel Wilmore Collection, sold in the spring of 2014, and ex. John Whitney Walter Collection sold in November 2004. View details and enlarged photos	Realized $4,800
Lot 5		One of two extant, Fr. 1601s with serial #55555555. Only two $1 1928 era Silver Certificates are know with serial #55555555, and this Fr. 1601 dandy is encased in a PMG 63EPQ holder. It's amazing that all of the notes in this 1928 era set are in incredibly high grades. The other example of a solid 5's is $1 1928A SC #R5555555A, graded Choice CU last sold by Lyn Knight Currency Auctions in 2014 @ the bargain price of $3450. Estimated Value $4,000 - 8,000 We don't want to sound like a broken record, but you have any thoughts about assembling a complete set of $1 1928 era Silver Certificates with solid serial numbers, we can't stress enough, what an exceptional opportunity is being presented today. Waiting for the only other known #55555555 to ever show up at auction again, is fool-hardy. So we'd strongly encourage you to bid on this important lot. Ex. Mel Wilmore Collection, sold in the spring of 2014, and ex. John Whitney Walter Collection sold in November 2004. View details and enlarged photos	Realized $6,600
Lot 6		One of four existing, Fr. 1601s with serial #66666666. Four $1 1928 era Silver Certificates are know with serial #66666666, and this note is encased in a PMG 58 holder. The other 1928As are: L66666666A sold raw in 1999 by Abramson as CU, this M66666666A sold in 2014 in this holder, the P66666666A sold in last year by Heritage in a PMG 50 holder and the V66666666A in a 60 holder sold in 2018. Estimated Value $3,500 - 7,000 Over the last two decades ago when these nine notes in this section of the auction, were not offered in a single sale as they are being done so today, we saw auction results of for each of the $1 1928 era solid serial numbered Silvers come in between $2500 and $12,000, with the 11111111, 77777777, 88888888 and 99999999 consistently out-performing the other serial numbers. We know now from the population report of the number that exist for each solid serial number, that they all should bring a similar amount at auction today. Only the bidders will decide that, but reading the intro to this section will show you that every serial number from 11111111 to 99999999 is only known on a very limited number of survivors. Ex. Mel Wilmore Collection, sold in the spring of 2014 by Lyn Knight Currency Auctions, and ex. John Whitney Walter Collection sold in November 2004. View details and enlarged photos	Realized $4,800
Lot 7		Coveted $1 1928A SC serial #P77777777A. Three $1 1928 era Silver Certificates are known with serial #77777777, and this note is encased in a PMG 58 holder. The others are a 1928A: P77777777A PMG 63EPQ sold by Heritage eleven years ago at $3737, and a $1 1928B H77777777B raw, assumed at least AU, featured in a Bank Note Reporter article back in 1998. We believe this rarity will easily bring $6,000 to $10,000 or more in today's auction. Estimated Value $6,000 - 10,000 The demand for serial #77777777 has exploded over the past decade with several collectors all chasing this number. It may have something to do with all sevens being a lucky number at casinos, but we're not sure. What we can confirm is that prices realized for serial #77777777 bring a 30 to 80% premium over serial numbers 22222222 - 66666666, Even if the known population of them is similar, the same price realization repeats itself. With only three solid serial #77777777s known in this era, we expect strong competition on this note. Ex. Mel Wilmore Collection, sold in the spring of 2014 by Lyn Knight Currency Auctions, and ex. John Whitney Walter Collection sold in November 2004. View details and enlarged photos	Realized $9,900
Lot 8		Wildly Popular Solid Serial Number 88888888 on a $1 1928 SC. The reason we know that another complete set of $1 1928 era Silver Certificates is not known: This specific note. You are bidding on the Fr. 1600 $1 1928 Silver Certificate Serial # F88888888A, graded PMG Choice Uncirculated 63 EPQ. As most of you know, bidding in this sale, the demand in multiple Oriental countries for serial numbers with multiple 8's is huge. The demand for paper money with eight 8's cannot be over-stressed. Combining the fact that this note is the ONE AND ONLY known solid 8's for the entire 1928 - 1928E series $1 Silvers, be prepared for multiple bidders pursuing this ultra rarity. Estimated Value $7,000 - 13,000 The demand for serial #88888888 has been both high and consistent for multiple decades with dozens of collectors all over the world pursuing this number. We can confirm that prices realized for serial #88888888 typically bring 200 to 300% premiums over serial numbers 22222222 - 66666666, With this specific note being the only known solid serial #88888888 known from this era, the final price realized could set a new record. Ex. Mel Wilmore Collection, sold in the spring of 2014 by Lyn Knight Currency Auctions, and ex. John Whitney Walter Collection sold in November 2004. View details and enlarged photos	Realized $22,200
Lot 9		Finest known $1 1928A SC H99999999A. This breath taking ultra high serial number will likely bring as much as any other solid serial numbered small size note in this sale. Although the population of known serial #99999999s in higher than any of the other numbers available, the demand continues very strong. The other known solid serial # 99999999s in this era are all graded 58 to 65, making this Fr. 1601 $1 SC H99999999A in it's PMG 66 EPQ, the single finest known piece residing in a PMG 66EPQ Gem Unc holder. Estimated Value $7,000 - 13,000 The demand for serial #99999999 has been both high and remarkable for my entire collecting life with dozens of individuals seeking out this serial number. I remember buying my first fancy serial number $1 SC in 1988 at a Paper Money Show in St. Louis, paying the then high price of $500. How I wish I had bought more of them back in the day. I can assure you that this note will bring a significant premium over serial numbers 22222222 - 66666666. With this specific note being the only known solid serial #99999999 known from this era in a 66Q holder, the final price realized could be surprisingly high. Ex. Mel Wilmore Collection, sold in the spring of 2014 by Lyn Knight Currency Auctions, and ex. John Whitney Walter Collection sold in November 2004. View details and enlarged photos	Realized $21,600
Lot 10		In demand Gem Unc Solid Serial #11111111. This is the first note of the redesigned set of Silver Certificates in the Zeitmann Brothers Collection. After the BEP redesigned the 1928-1928E series, they produced the one year 1934 design, and then went on to print the Silver Certificates most bidders will remember the best; the 1935 to 1957B series design. The Zeitmann's collection contains a complete run of solid serial numbered notes from this era starting with this note. Estimated Value $2,200 - 3,500 You are pursuing a well inked, attractive Fr. 1616 $1 1935G Silver Certificate bearing the serial number C11111111J. Solid ones on a one dollar bill always brings out multiple bidders. As with the 1928 era notes, we find that $1 SCs from the 1935 to 1935H series often come with skewed face margins. The printing process used headed little concern for the centering of the four margins on the face of the notes, and one finds that the majority of uncirculated notes in the 1935 - 1935H series will have unequal margins. Hence most will CU examples will grade 63 or 64. This dandy has been graded PMG 65EPQ, Gem Uncirculated. Ex. Heritage Auctions on 1-10-2014 where it realized $1242, an absolute steal. View details and enlarged photos	Realized $7,200
Lot 11		Superbly Centered $1 SC s/n B22222222A. Every once in awhile we see a note that we feel is under-graded. Such is this case with this beautifully centered $1 1957A Silver Certificate with Serial Number B22222222A graded PMG 64EPQ Choice Uncirculated. Both the front and the back of this wonderful note are as perfectly centered as you could ask for. You'll have a hard time finding justification as to why this note isn't sitting in a 66 or higher holder. Estimated Value $1,800 - 2,800 One of the things to love about this note is the second letter suffix of B on the serial number 22222222. One just can't imagine more to like about this Fr. 1620 $1 1957A Silver with the desirable serial number B22222222A. This note and the following seven will make the new owner a complete set of nine Silver Certificates with serial numbers 11111111 - 99999999. Ex. Heritage Auctions on 1-10-2014. View details and enlarged photos	Realized $2,880
Lot 12		Fresh banknote with solid serial #33333333. This note and its eight mates all boast the EPQ designation. This Exceptional Paper Quality designation is sought out by collectors as evidence of the originality of the paper, with no restoration work like ever done. While I make the note of this feature, the single most important factor driving the value of this note is the serial number: J33333333H. Locating a complete set of solid serial numbers from the 1935 era used to be a task one could accomplish in a few months time. If one checks eBay and most all other internet sights, you'll struggle to find a single solid serial number Silver Cert from any series up for sale at any price in any condition. Estimated Value $1,800 - 2,800 This Fr. 1614 $1 1935E Silver serial #J33333333H has been conservatively graded PMG 64EPQ, Choice Uncirculated. Throughout the 1990s through the late 2000s, one could occasionally buy a solid serial numbered SC from this era at $1300 to $1800. This just isn't the case today, unless few people know of the note is up for auction. Collectors have come to realize that with perhaps 10,000 to 15,000 active paper money collectors and a total population of 228 solid serial numbered known from series 1935 to 1957B, it doesn't take long to realize these notes just don't sit in dealer inventories for long. Ex. Heritage Auctions on 1-10-2014. View details and enlarged photos	Realized $3,000
Lot 13		Super high grade SC serial #C44444444H. As stated earlier in this auction, the printers at the Bureau of Engraving and Printing frankly didn't care whether the product they produced was aesthetically appealing, and hence the centering of the face margins in the 1935 - 1935H series varied wildly. This wonderful note has a lot going for it, with excellent color, fully embossed seal and serial numbers, and outstanding margins, front and back. Estimated Value $1,800 - 2,800 Finding a $1 1935E Silver with a solid serial number like this one, Fr. 1614, C44444444H in PMG 66EPQ Gem Uncirculated can prove to be a multi year task. While grades of 66 and 67 are more common in the 1957, 1957A and 1957B series, they are markedly absent in the 1935 to 1935H era. Finding a replacement note with solid serial #44444444 in 66 is a real challenge. Ex. Heritage Auctions on 1-10-2014. View details and enlarged photos	Realized $3,120
Lot 14		Nearly Superb $1 1957 SC with solid 55555555 serial number. There was a slight paper color change with the introduction of the Fr. 1619, 1957 series of $1 Silver Certificates, but pretty much stayed the same from the 1935H series. This wonderful example has been graded PMG 66EPQ Gem Uncirculated and is as bright and fresh as the day it was printed over sixty years ago. This Fr. 1619 $1 1957 SC s/n R55555555A is graded PMG 66EPQ Gem Uncirculated. Estimated Value $1,800 - 2,800 The inks just jump off the paper on this wonderous banknote. We know you'll love the quality of this piece. At the time of the writing of this auction catalog, we note that there is a complete set of $1 Silver Certificates from this era for sale at $47,000 on a popular website. That set is owned by one of the nation's largest dealers in fancy serial numbered currency. That comes out to over $5,000 per note. Ex. Heritage Auctions on 1-10-2014. View details and enlarged photos	Realized $3,480
Lot 15		Deeply Embossed $1 1935 Silver Certificate s/n I 66666666A. As fresh as the day it was printed some 75 years ago, this beautiful Fr. 1607 bears the desirable serial # I 66666666A and has been graded PMG 65EPQ Gem Uncirculated.It looks like it just came off the press. Estimated Value $2,000 - 3,500 A word about bid estimates is in order on this 1935-1957B set of Silver Certificates. The starting bid of 70% of the low estimate of this and all other lots in the Zeitmann Brothers collection has been set exceptionally low. This is being done to give everyone a chance at winning the notes they want. But don't be surprised if many of these notes bring significantly more than the opening bids. Ex. Heritage Auctions on 4-18-2008 where it realized $2300. View details and enlarged photos	Realized $3,600
Lot 16		70 year old Gem CU banknote bearing Solid #77777777. The re-surgence in demand of serial #77777777 has been remarkable over the past decade. In the rare incidence when two $1 SCs with solid serial numbers are offered in the same sale, in the identical condition, such as a 44444444 and a 77777777, the solid 7's will bring 50 to 80% more in the finally tally. So many collectors are seeking out this serial number that when one enters a dealer's inventory, it is sold the next day. Estimated Value $2,000 - 3,500 You are pursuing a well inked, attractive Fr. 1614 $1 1935E Silver Certificate bearing the serial number C77777777 I. Solid sevens on a one dollar SC always brings out multiple bidders. This stunning note has been graded PMG 66EPQ Gem Uncirculated and will trigger considerable bidding activity. Ex. Heritage Auctions on 1-10-2014. View details and enlarged photos	Realized $6,300
Lot 17		Beautifully centered $1 SC with s/n 88888888. Our bidders in the Orient will be pleased to see this near Gem $1 SC come up for sale. Even margins, great color and Exceptional Paper Quality give this Fr. 1619 $1 1957 SC B88888888A PMG 64EPQ real appeal. While it has been graded PMG 64EPQ, Choice Unc, there is certainly an argument for a higher grade. Estimated Value $4,000 - 7,500 Although bidders will decide on the final price for this terrific note, we wouldn't be surprised to see it sell for $7500 or more. You simply don't see any $1 SCs with serial number 88888888 in any dealer's inventory and only rarely see it offered at auction. Be prepared for competition on this outstanding banknote. Those that are not aggressive in today's bidding will unfortunately find no alternatives readily available. Ex. Heritage Auctions on 1-10-2014. View details and enlarged photos	Realized $7,800
Lot 18		Outstanding Gem CU $1 SC # F99999999G. PMG has graded this terrific Fr. 1613 $1 1935D SC F66666666G 65EPQ, Gem Uncirculated and color and brightness certainly justify the grade. The Exceptional Paper Quality is definitely earned and locating another solid nines equal to this one would be a real challenge. Estimated Value $5,000 - 10,000 When building a set of $1 1935 - 157B Silver Certificates with solid serial numbered notes, collectors find that competition always heats up at auctions when such a note with serial number 11111111, 77777777. 88888888 or 99999999 is offered. Even collectors who are not trying to complete the entire run, come out of the woodwork and want to acquire one of these four ultra popular serial numbers. This is an impressive note and we expect strong bid results. Ex. Heritage Auctions on 4-23-2014 where it realized $5,287. View details and enlarged photos	Realized $12,600