LOT Old Heritage Auctions  /  2007 Sept Long Beach, CA Sig Currency #448  / 

15236

Fr. 16 $1 1862 Legal Tender PMG Choice

Currency:USD Category:Coins & Paper Money Start Price:1,700.00 USD Estimated At:2,500.00 - 4,350.00 USD
Fr. 16 $1 1862 Legal Tender PMG Choice
<B>Fr. 16 $1 1862 Legal Tender PMG Choice Uncirculated 63 EPQ.</B></I> This note was acquired by the Dauers as an upgrade for the piece that appears on page 50 of their book. The note features the portrait of Salmon Chase, who was Secretary of the Treasury from 1861 to 1864. Chase came close to receiving the Republican Party's presidential nomination in 1856 and again in 1860. After Lincoln's election in 1860, Lincoln selected Chase as his Secretary of the Treasury. Chase served until 1864, when he resigned the cabinet position. Later that year he was appointed Chief Justice of the Supreme Court, where he served until his death in 1873. The stand-out feature of the Dauers' example of this Salmon Chase type is its color, which is simply perfect for the both the inks and paper.<BR><I>From The Dr. Edward & Joanne Dauer Collection</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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