1880 $1000 “Black Back” Silver Certificate of Deposit Sold
2018-08-23 Thu
An 1880 $1000 Silver Certificate of Deposit from Joel R. Anderson collection, graded PCGS Currency Very Fine 25, was sold for $1,020,000, against an estimated value of $800,000 to $1,200,000 by Stacks and Bowers. Only two notes of this type exist in private hands. Designs are bold, the brown and blue overprints are strong and the paper is still bright and creamy white. There are small edge repairs on the back of the holder.It depicts a portrait of William Marcy, printed signatures of Bruce and Wyman, a big counter with 1000 overlapping Roman numeral M and Roman symbols inside the letters of CERTIFICATE. 8,000 such notes were printed and only five exist today. Three of them are a part of institutional collections. There are no notes of the Bruce-Gilfillan signature combination. An Amon Carter specimen of this type is recorded as Very Fine but was never publicly offered.
It is possible to put together only two 1880 “Black Back” Silver Certificate type sets due to the note’s rarity. The same note was sold for $667,000 in October 2005.
Image Courtesy: Stacks and Bowers
Latest News
-
Gold Pagoda of Vijaynagar Empire King Deva Raya I
2024-04-10 WedKing Deva Raya I of the Vijayanagara Empire was a patron of Kannada literature and architecture. He ...
-
Silver Denarius of Septimus Severus
2024-04-05 FriLucius Septimius Severus served as the Roman emperor from 193 to 211 AD. Severus sat on the throne o...
-
Extremely rare 'Malaharamari' type Gold Gadyana of King Guhalladeva-III Sold for INR 611000
2024-04-03 WedTribhuvanamalla, also known as Guhalladeva III, was the ruler of the Kadamba dynasty. His reign coin...
-
90 Years of RBI
2024-04-02 TueOn 1st April, PM #Modi unveiled a special commemorative coin marking 90 Years since the foundation o...
-
Silver Denarius of Julia Mamaea
2024-04-02 TueJulia Avita Mamaea, a Christian Syrian noblewoman, was the mother of Roman Emperor Alexander Severus...