Posted on 02/20/2019 9:28:57 AM PST by ETL
Three exceedingly rare 19th century U.S. currency notes are expected to sell for a combined $7 million when they are auctioned off next week.
One of the unique bills being auctioned is a $1,000 "Rainbow" note from 1869 that's said to be the only one of its kind in private hands, according to Stack's Bowers Galleries.
It was last auctioned in 1946 and features a portrait of DeWitt Clinton, who oversaw the construction of the Erie Canal during his tenure as the sixth governor of New York.
The auction includes another "Rainbow" note in the $500 denomination that depicts President John Quincy Adams on one side and the allegorical figure of Justice holding balance scales and an upward pointing sword on the left-hand side. According to the auction house, only 89,360 examples of this bill were printed and today only three are known to exist.
The unusual bills include a famous 1891 "Marcy Note" a $1,000 bill featuring a portrait of former New York Gov. William L. Marcy that's believed to be the only one of its kind in private hands, according to Stack's Bowers Galleries.
The note is expected to fetch between $2 and $3 million.
(Excerpt) Read more at foxnews.com ...
Yes... That is a good site. I use it for reference all the time. Dad bought a brand new Chevelle Super Sport in 1966 for 3,600 cause mom wanted a fast hotrod. That would be $27,968 now, still a third of what a comparable status car would cost now.
We had real money back then
Backed by GOLD...
No, but they are worth more than a buck to collectors.
I think the problem w/ these calculations is that they don’t account for debt, which finances most major purchases, but it’s otherwise illuminating.
In the mean time save your Nickles because they are stable. :)
Seriously... lol
Osage Orange!!!
Yeah! Those things are friggin dangerous! If one of them hit someone on the head it might knock them out. They had a few in Central Park, here in NY.
Lot of Hedge Apples....been thrown at people.
It's an excellent wood.....
You made me laugh!!!
Thanks!!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.