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1861 $10 Demand Note, only known, to headline Heritage FUN Auction in Tampa

First Heritage Currency auction of 2011, Jan. 6-8, at Tampa FUN Convention

Heritage Auctions, the official auctioneer of the Florida United Numismatists (FUN) Show, will present a substantial number of rare and exceptional notes as part of its Signature® Currency Auction. The auction will consist of three floor sessions, held Jan. 6-8, 2011 in Tampa, FL and one online-only session that will take place Jan. 10, 2011 in Dallas, TX.

Among the scarce items is a newly discovered Fr. 10a $10 1861 Demand Note, the only known example. The recently released 19th edition of Paper Money of the United States listed examples of that Friedberg number as “unknown.” Clerks signed the notes on behalf of the Treasurer of the United States and the secretary of the Treasury and included the handwritten notation “for the.” The process proved to be too cumbersome and the plates were changed to include that wording. All of the handwritten “for the” examples are rare today, with a St. Louis example unknown until now.

A number of exceptional Large Size Legal Tender notes are being offered, including a Fr. 127 $20 1869 Legal Tender graded by PCGS as Gem New 65PPQ. That note is among a large number of outstanding notes being offered as part of The Menlo Park Collection. A Fr. 1072a $100 1914 Red Seal Federal Reserve Note graded PCGS Gem New 65PPQ is also being auctioned as part of the collection.

Also among the Legal Tender offerings is a Fr. 158 $50 1880 Legal Tender graded by PCGS Choice About New 55. A rare note, it is one of only nine examples known. The $50 is new to the census and is being offered publicly for the first time.

Several exceedingly rare replacement notes will be presented, including a Fr. 303* $10 1908 Silver Certificate, one of only three replacement notes known for the type, graded Very Good 10 Net by PMG. The note is new to the census and is being offered to the collecting community for the first time. (more…)