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1890 $1,000 Grand Watermelon Is First Banknote To Cross The Million-Dollar Threshold At Auction

 
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 Posted 07/09/2020  3:15 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
PCGS - The finest-known example of the ultra-rare 1890 $1,000 "Grand Watermelon" Treasury Note, which in 2005 became the first banknote to bring $1 million at auction, has been certified and graded by PCGS Banknote (www.PCGS.com/banknote). Issued in $100 as well as $1,000 denominations and originally redeemable in gold or silver coin, they were dubbed "Watermelon" notes because of the color and design of the large zeroes on the reverse of the note.



The $1,000 note, commonly referred to as a "Grand Watermelon," is extremely rare and given the large face value of this 1890-vintage note - $1,000, roughly equivalent to $29,000 today - it was scarcely seen outside of interbank commerce. This rarity, cataloged by banknote experts Arthur L. and Ira S. Friedberg as Fr.379a, saw a tiny printing of only 16,000 and just two are known today and available in private hands. The piece PCGS Banknote recently graded is featured on the cover of 100 Greatest American Currency Notes by Q. David Bowers and David M. Sundman ( Whitman Publishing, 2005).

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 Posted 07/09/2020  4:21 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Nice note!! Sadly way out of my price range
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 Posted 07/09/2020  4:59 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
Thanks for sharing, never seen or heard of such a note, but then again I'm not a note person.
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 Posted 07/09/2020  5:00 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I dropped out at $1,800.
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 Posted 07/09/2020  5:43 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
Very nice &
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 Posted 07/09/2020  5:45 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Nice note.
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 Posted 07/09/2020  7:54 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Nice to dream of owning such a note.

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 Posted 07/10/2020  1:43 pm  Show Profile   Bookmark this reply Add redlock to your friends list Get a Link to this Reply
Nice note

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 Posted 07/10/2020  2:03 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Best known for soundly defeating Robert E. Lee at Gettysburg. Incidentally, Gettysburg was one of only two Civil War battles that was fought in the North (the other was Antietam).
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07/10/2020 5:34 pm
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 Posted 07/11/2020  04:23 am  Show Profile   Bookmark this reply Add redlock to your friends list Get a Link to this Reply
Thanks for the answers about the General.
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 Posted 07/11/2020  3:46 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
At that price, I can't even afford a watermelon slice note....
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