Extremely rare ‘unicorn’ of US paper money expected to sell for $4 million

[The AchieVer]

Extremely rare ‘unicorn’ of US paper money expected to sell for $4 million

 

 

An extremely rare US currency note from the late 19th century is expected to sell for up to $AU4 million ($US3 million) when it is auctioned next year.

The 1891 $1000 Silver Certificate is the only bill of its kind believed to exist in private hands, according to auction house Stack’s Bowers Galleries.

Known as the Marcy note, the bill features the portrait of former New York Governor William L. Marcy, who served as a senator and as secretary of war under President James Knox Polk.

Stack’s Bowers Galleries notes that the Marcy note is sometimes considered the “unicorn” of US money thanks to its unique design.

 

 

 

 

The bill, which has an estimated pre-sale value of $3 million to $4 million, is being offered at auction for the first time.

The note will be auctioned at the Whitman Spring Expo, which takes place in Baltimore between February 28 and March 3.

Another extremely rare $1000 bill described as the “Holy Grail of paper money” was recently sold at auction for just over $US2 million.

The 1890 Treasury Note is dubbed the “Grand Watermelon” on account of the large green zeros on the back of the bill. Major General George Meade, the commander of Union forces at the Battle of Gettysburg, is shown on the bill’s face.

 

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[luisam]

6 hours ago, The AchieVer said:

extremely rare $1000 bill

 

It's just "collector's mania! It's just a piece of "rare" paper. Is it actually even worth 1000$ USD in silver? I mean, does it worth it's face value? Are there serious studies about collectors? I guess most of them are somewhat "nuts" passionates. To collect something is kind of a "fixation". Why someone is ready to pay some exotique price for something just because it's "rare" and he is a collector of that particular item? I have a friend who collects buble-gum wrappings. He paid recently about 1000 USD for some "rare" bubble-gum packs back for WWII era and he is extremely proud about his collection.

EDITED: I do know some reasonable collectors. A friend collects calculators, but he never had spent a penny buying some old gadget. He started with his own old calculators and slowly got others from friends until he has currently a really interesting number and variety of old and some not even so old calculators. Now, that's what I call a LOGICAL collector!

8 minutes ago, The AchieVer said:

I won’t say they are NUTS, but perhaps, it could be their passion.......

bubble gum wrappings are an interesting collection ......

 

He,he, he... maybe passionate is a better term than nuts! Let me EDIT!

[The AchieVer]

I won’t say they are NUTS, but perhaps, it could be their passion.......

bubble gum wrappings are an interesting collection ......