Among the U.S. paper money offerings in the Aug. 6 Platinum Night
auction to be conducted by Heritage Auctions during the ANA convention
is a national bank note from a Chicago bank.
The Series 1882 $100 Brown Back note issued by the Union National
Bank of Chicago is considered the “finest we have ever seen for type,”
according to the catalog description.
The note was graded PCGS Currency Gem New 66 Premium Paper Quality
and, according to the auction firm, is one of fewer than a literal
handful of $100 Brown Back notes from any location to receive a grade
of 66 PPQ or Exceptional Paper Quality, from either PCGS Currency or
Paper Money Guaranty grading services.
The note has an estimate of $120,000 to $160,000.