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Fr. 214 $10 1879 Refunding Certificate PMG

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:1,600.00 USD Estimated At:1,400.00 - 2,100.00 USD
Fr. 214 $10 1879 Refunding Certificate PMG
<B>Fr. 214 $10 1879 Refunding Certificate PMG Choice Fine 15 NET.</B></I> PMG has noted, "Repaired Splits." They are not particularly distracting, and this should prove to be an affordable example of a much scarcer type. 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. They're quite scarce today in all grades.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)