$100 1891 Treasury Note, Fr. 378 =RARER THAN WATERMELON= Farragut PMG Fine 12

Description: $100 1891 Treasury Note, Fr. 378 =RARER THAN WATERMELON= Farragut PMG Fine 12 Due to rampant counterfeiting, the U.S. Treasury abandoned its ornate 1890 Treasury Note back designs for a more anti-counterfeiting friendly design. The design features open areas where colorful paper fibers could be seen with ease. Treasury Notes were only issued for a short time after the change and far fewer were issued than of the 1890 Series. The design change occurred for the $1000 denomination also, creating one of the ultimate rarities. The 1891 $1000 Treasury Note with the open back is unique in collector hands and sold a couple years ago for $2.1 million. This exceedingly rare type note is often overlooked in favor of the coveted "Watermelon" type. It is, however, much scarcer. Twelve surviving examples is misleading when nearly half of the notes are unavailable and part of permanent institutional collections. PMG mentions restorations which are reinforced corners and a little bit of margin work. The body of the note is essentially unaffected, leaving the design details as they were.Executive Currency has been proud to offer quality collectibles at competitive prices since 1981. To learn more about the US Paper Money, US Coins, and Historical Relics offered by Frederick Bart and Bianca Bart, please connect with us and view other eBay listings by user bartinccor to see more offerings from Executive Currency.

Price: 115442.25 USD

Location: Roseville, Michigan

End Time: 2024-11-10T04:19:36.000Z

Shipping Cost: 0 USD