14068

Fr. 9 $10 1861 Demand Note PMG Very Fine 25.

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:36,250.00 USD Estimated At:60,000.00 - 90,000.00 USD
Fr. 9 $10 1861 Demand Note PMG Very Fine 25.
<B>Fr. 9 $10 1861 Demand Note PMG Very Fine 25.</B></I> This lovely and finest known colorful example comes from a long held hoard passed down generation after generation since the Civil War. At this time only five notes are recorded in the Gengerke census for this elusive Greenback with one example forever ensconced in the ANA Museum. One note was last offered 17 years ago, while another has appeared at auction three times since 1992, last appearing ten years ago. The whereabouts of the other two are unknown though serial numbers are listed. PMG has commented about splits and the bank stamp on the back which is difficult to make out, but the origin is Cincinnati, O. Since these Greenbacks were relatively new perhaps merchants and businesses accepting these new government issues placed their "stamp of approval" on them. The previous lot which was a note from Philadelphia exhibits the same stamp. Without the minor flaws noted this rarity could be a six figure piece, but expect a realization this evening in the area of...<BR> <BR><BR><B>Coin Engraver:</B> James B. Longacre<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)