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Neil S Berman
Expert Numismatist & Rare Coin and Currency Dealer

US Currency

Fr. 187k $1000 1880 Legal Tender PMG Extremely Fine 40Fr. 187k $1000 1880 Legal Tender PMG Extremely Fine 40.

Only four examples of this number are known, two of which are forever off the market in government hands. One of those is in the holdings of the Federal Reserve Bank of New York, and the second is the Hessler illustration note which is now in the Smithsonian Institution. All four notes in the census grade VF or EF, with this piece and the Smithsonian example the EF's. This note is the better of the only two pieces that will ever be available to collectors. It's a solid EF with the eye appeal of a fully uncirculated piece. As noted in the census and on the PMG holder the note has a well done restoration in the left margin area. PMG has placed two comments on their holder, "Good Color" and "Professional Restoration Left End". The work has been done with such skill that visual detection is all but impossible. 1880 thousands are rare as a type, and the appearance of any example on the market is noticed by all advanced collectors. When one does appear, it is almost always the "common" (14 known) Fr.187j.

(C) 2013 Heritage Auction Galleries. All rights reserved. Used with permission.

Neil S. Berman is an expert numismatist and a dealer in rare coins and currency. His business is located in Westchester County NY.  For professional advice about most collectables contact Neil. Comments and questions are welcome.














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