LOT Old Heritage Auctions  /  2008 APR Rosemont (CSNS) Currency #3500  / 

14561

Fr. 2405 $100 1928 Gold Certificate. PMG Gem

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:28,000.00 USD Estimated At:30,000.00 - 50,000.00 USD
Fr. 2405 $100 1928 Gold Certificate. PMG Gem
<B>Fr. 2405 $100 1928 Gold Certificate. PMG Gem Uncirculated 66 EPQ.</B></I><BR> Advanced collectors of small size notes will immediately recognize that this incredible small size $100 Gold Certificate is one of the most important items in Tom Flynn's collection. It is "<I>sui generis</B></I>," a one of a kind item that we have never before seen in your cataloguers' combined eighty years of experience collecting and dealing in currency. We've seen many $100 Golds offered as "Gem Uncirculated," but inevitably they have proved to be either "wannabe" examples or flawed pieces which truly do not deserve even the Choice appellation. This is the first "real" Gem we have ever laid eyes on, and a note of incredible importance to small size specialists who have waited years for the opportunity to own such an item. In over three years PMG has graded 137 $100 small size Gold Certificates, grading one Gem 65 and one Gem 66. The new Schwartz and Lindquist catalogue values this type at $6500 in Choice CU and $25,000 in Gem. The "Choice" price seems about right if not conservative, and the "Gem" price a speculation on the authors' part only, as a true Gem, to our knowledge, has never crossed the auction block. It will be interesting, indeed, to see what this spectacular piece realizes today, with our best guess somewhere in the range of...<BR><I>From The Thomas M. Flynn 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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