***Auction Highlight*** 1882 $100 Large Size Gold
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***Auction Highlight*** 1882 $100 Large Size Gold Certificate Fr-1214 Teehee-Burke Graded vf25 By PMG. The face of this note has the portrait of Missouri Senator Thomas Hart Benton to the left and the denomination in two conjoined rosettes at right. Gold overprints include "GOLD" at the top center and backgrounds to the serial numbers. Issued under the Act of March 3, 1863. The back is printed in a rich orange-gold and has an eagle at the center. After December 17, 1878, gold coins and paper currency were exchangeable at par in general commerce. Accordingly, these are the first of the Gold Certificates that saw wide use. The color tended to fade. Once again, the Anderson note is superb. Among American senators Benton, nicknamed "Old Bullion," is the most famous figure in the annals of gold coins. Among other things, he was responsible for the Act of June 28, 1834, which lowered the gold content of coins, permitting them to circulate at par for the first time since 1820. The print run of this variety was 1,020,000. PMG that fewer than 350 survive today
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***Auction Highlight*** 1882 $100 Large Size Gold
Estimate $1,620 - $3,240
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