1891 $100 Silver Certificate A Top Lot At Over $152,000

Numismatic News - An 1891 "Monroe" $100 Silver Certificate, Fr. 344, sold for $152,700 in Heritage Auctions' Long Beach Expo Signature Currency Auction, Sept. 7-12.



Total for the sale was $3,909,242. All prices here include the 17.5 percent buyer's premium.

Graded PMG Choice Extremely Fine 45 EPQ, the 1891 rarity is "one of a mere 31 specimens recorded for this Friedberg number, six of which are permanently impounded in government institutions leaving barely two dozen pieces for the collecting fraternity." It's also the second highest certified graded of the known specimens. The higher graded note, a PMG About Uncirculated 50, sold for $176,000 three years ago.

Also bringing $152,700 was a 1928 Chicago $5,000 Federal Reserve Note, Fr. 2220-G. Graded PMG About Uncirculated 55, it is part of a small print run of 3,480 1928 $5,000s from the Chicago District. Only nine of the 12 Federal Reserve Banks printed $5,000s, with "about two dozen survivors.known from all the banks combined and at least two of those, both Chicago survivors are locked up in the collections of the San Francisco Federal Reserve and the Smithsonian. Track & Price tracks only one other Chicago note from the census to an auction appearance. That piece, a PMG 50 Net, went unsold in a 2011 auction."

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