Fr. 1219e $1,000 1907 GC Teehee-Burke (1st) Equal To Finest Known (2nd)

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Large Size Type Notes > Gold Certificates

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

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Alexander Hamilton, born January 11, 1755, was one of the founding fathers of the United States. He was also integral in the drafting and ratification of the Constitution and was appointed the first Secretary of the Treasury under George Washington. Hamilton ushered several laws through the early Congress, such as the federal assumption of state debt, funding of the national debt, import tariffs and the creation of a national bank. He was also the creator of the first political party in the U.S., the Federalist Party. After retiring from the Treasury in 1795, he returned to New York City to practice law, but was recalled to service during the war with France. He died July 12, 1804. 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 A few years later the Depression hit and these were redeemed and withdrawn from circulation, bringing us mostly to foreign banks as a source for notes to appear.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 series printed 112,000 notes, but the Gengerke census shows a serial number record of 40, with five in government collections and museums, leaving just 35, and only those five are listed as UNC. PMG shows two as "64" and one as "63" grades. This note has excellent centering and beautiful color, but lacks the EPQ designation, yet I can see embossing even through the holder. Mark my words, these $1,000s will soon follow the $1,000 Legal Tender and the finest notes will see a price explosion. One of the finest known examples available to collectors. Graded Ch. UNC 64, great color, by PMG.

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