$10,000 GOLD CERTIFICATE ANDREW JACKSON FR 1225 PCGS 64 $10000 1900

Description: The FR 1225 $10,000 Gold Certificate in a PCGS 64 holder is a truly remarkable piece of American financial history, offering a tangible connection to the economic landscape of early 20th century America. The Magnificent FR 1225 Issued in 1900, this high-denomination note features a striking portrait of Andrew Jackson on the obverse, surrounded by intricate engraving work that served both aesthetic and anti-counterfeiting purposes. The reverse, printed in a distinctive orange hue, showcases the iconic American eagle, symbolizing the nation's strength and prosperity. The 1935 Treasury Fire: A Twist of Fate The survival of this FR 1225 is linked to a dramatic event that occurred on December 13, 1935, near the U.S. Treasury in Washington, D.C. A fire broke out at the Old Post Office, where cancelled high-denomination currency was being stored1. In a twist of fate, well-meaning workers threw burning boxes out of the windows to protect the contents. Among these boxes were stacks of cancelled $10,000 notes, including FR 1225s, which showered onto the street below. This unexpected turn of events allowed some of these rare, high-denomination notes to survive, whereas most others had been destroyed after being redeemed and cancelled. It's this quirk of history that makes the FR 1225 available to collectors today. Fascinating Facts Limited Circulation: Only about 1,500 FR 1225 notes were ever printed, making them extremely rare. Staggering Value: In today's terms, this $10,000 note would be worth over $330,000, accounting for inflation. Illegal Possession: By order of the Secretary of the Treasury dated December 28, 1933, private possession of gold certificates was declared illegal. Despite this, the government has not prosecuted owners, citing more important concerns. Payable to Specific Entities: The FR 1225 was issued to specific payees, unlike some other series that were payable to the bearer. Many were payable to large national banks, primarily in New York City and Philadelphia. Signature Varieties: There are eight different Treasury official signature combinations on the FR 1225 series, each with its own Friedberg number (1225a through 1225h). The PCGS 64 Grade The PCGS 64 grade indicates that this FR 1225 is in remarkably good condition, especially considering its age and the dramatic circumstances of its survival. This high grade makes it a particularly desirable specimen for serious collectors and investors. The FR 1225 $10,000 Gold Certificate is more than just a banknote; it's a window into America's financial past, a work of art, and a symbol of the nation's economic might. Its connection to the dramatic 1935 fire adds an extra layer of intrigue, making it a truly captivating piece of numismatic history.

Price: 11500 USD

Location: La Jolla, California

End Time: 2024-11-04T22:38:26.000Z

Shipping Cost: N/A USD