Fr. 1219e $1,000 1907 PMG Ch. UNC 64

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Large Size Type Notes > Gold Certificates

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Fr. 1219e $1,000 1907
Grade: PMG Ch. UNC 64 EPQ    

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Design 154a. Small gold scalloped seal. The $1,000 Gold Certificates of 1907 are available in several signature combinations. This is the Tehee-Burke signature combination with the portrait of Alexander Hamilton, the gold scalloped seal at the right and '$1000' at the left. The back is gold with the government seal in the center. There are 43 serial numbers listed for this signature combination and barely a dozen of all others. This note realized $184,000 in our sale in June 2007, a PMG 58 brought $103,500 in September 2006 and a PMG 55 realized $66,125 last year. Today we should expect more as there has not been even a medium quality note available since. The census indicates PMG has graded two '64s', there is a '63' and two that are supposed to be UNC, but it shows no grading service history. That says to me this is possibly the finest known or very, very close. Only a single note is TPG graded higher. This note will excite you by just seeing it as it's so beautiful. The $1,000 issue of 1907 has always been elusive in the highest grades. Let's face it, who, during the first quarter of the 20th Century, could afford to use these? A few years later the Depression hit and these were redeemed and withdrawn from circulation, bringing us mostly to foreign banks as a source for notes to appear. This note has excellent centering and beautiful color, but lacks the EPQ designation, yet I can see embossing even through the holder. If you love high denominations and the best available, then here you go. Expect strong interest in this beauty!

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