Fr. 1205 $100 1882 PMG VF 30 Finest Known

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Large Size Type Notes > Gold Certificates

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Fr. 1205 $100 1882
Grade: PMG VF 30    

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Design 152. Large brown seal. One cannot collect without the opportunity to purchase, and in the case of the brown seal $100 Gold notes that can definitely be a problem or an opportunity, as you choose to view it. The census shows seven notes reported, but three of those belong to the government in various forms and are highly unlikely to be relinquished to collectors. So collectors are left to attempt to acquire one of the four remaining examples. By the way, this note is the finest known of all seven; not even the government has a better one. As far as $100 brown seals are concerned, there is one Fr. 1202, one Fr. 1202a, three Fr. 1201, one Fr. 1203 and four Fr. 1205. A total of 10 pieces with three different varieties and five with different combinations which leads to one very pretty note. This note came from the Bass Foundation sale in 1999 where it realized $43,700. Only the Fr. 1202a countersigned note is a higher grade. The brown seal makes this even more important when you consider that Gold Certificates were turned in or confiscated on top of being redeemed. The likelihood of additional appearances are about the same as me landing a great white shark in the Missouri River. This is now the finest known, or so it appears, of just eight known, including those in permanent collections. In 2007 we set the high watermark for a PMG VF 25 at $132,250 and a year later Heritage sold a VF 25 for $120,750.

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