13967

Fr. 214 $10 1879 Refunding Certificate PMG Gem

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:10,000.00 USD Estimated At:16,000.00 - 24,000.00 USD
Fr. 214 $10 1879 Refunding Certificate PMG Gem
<B>Fr. 214 $10 1879 Refunding Certificate PMG Gem Uncirculated 65 EPQ.</B></I> Off the market since 1999, this is one of the very finest of the Fr. 214s in existence. Only one superior graded example has crossed the auction block--a PMG 66, which sold in June 2006 for well over $20,000. Refunding Certificates were issued with interest accruing at four percent with no definite redemption date stated, providing an inducement to hold the notes and not cash them in. In 1907, the interest was stopped and the value set at $21.30, causing them to be redeemed. This piece is right behind the sole PMG 66 quality wise with terrific margins, beautiful colors, and bold original embossing that can be easily seen through the PMG EPQ holder. A note that belongs in a high-quality type set. <BR><I>From The Peter Gamble 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>)