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Rarest, most valuable US paper bills in existence set for multimillion dollar auction
FoxNews.com ^ | Feb 20, 2019 | Christopher Carbone | Fox News

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 ...


TOPICS: Chit/Chat; Miscellaneous
KEYWORDS: dewittclinton; godsgravesglyphs; johnquincyadams; williamlmarcy
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To: nicollo

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.


61 posted on 02/20/2019 2:15:29 PM PST by Openurmind
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To: ETL
I know I read somewhere that the US printed a few legal tender bills with a pic of Santa Claus on the bill. Maybe in the 1930s. They were 500 or 1000 denominations,I think. Maybe some Freepers can chime in here....
62 posted on 02/20/2019 2:17:12 PM PST by 4yearlurker ("The girl chased me around the church & caught me by the organ.")
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To: PGR88

We had real money back then

Backed by GOLD...


63 posted on 02/20/2019 3:54:12 PM PST by Paisan
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To: Blood of Tyrants

No, but they are worth more than a buck to collectors.


But alas not as much as you might hope for. I sold 300 or so crisp silver certificates for about $2000. By crisp, I mean they’ve never been folded and looked brand new. The same face value in actual silver coins—even worn silver coins would be much more. That said, look at how much more artistic American money—coins and bills—was 100 years ago than either are now.


64 posted on 02/20/2019 4:27:30 PM PST by hanamizu
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To: Openurmind

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.


65 posted on 02/20/2019 5:56:21 PM PST by nicollo (I said no!)
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To: nicollo

In the mean time save your Nickles because they are stable. :)

Seriously... lol


66 posted on 02/20/2019 6:21:23 PM PST by Openurmind
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To: ETL
LOL!!

Osage Orange!!!

67 posted on 02/21/2019 2:01:09 PM PST by Osage Orange (Whiskey Tango Foxtrot)
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To: 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.


68 posted on 02/21/2019 2:09:46 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: ETL
Squirrels like them....!!

Lot of Hedge Apples....been thrown at people.

It's an excellent wood.....

You made me laugh!!!

Thanks!!

69 posted on 02/21/2019 2:18:18 PM PST by Osage Orange (Whiskey Tango Foxtrot)
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