A Series 1891 $5 Treasury note coming up for sale at Heritage’s May 1
auction in Schaumburg, Illinois, has a somewhat odd distinction: It
shows the signatures of two treasurers of the United States, one above
the other, and it’s not a mistake. One of them is a courtesy autograph
that makes what is already an extraordinary note exceptional.
The autograph is that of John Burke, treasurer of the United States
from April 1, 1913, to Jan. 5, 1921. It is to the left of the seal and
above the facsimile signature of Enos H. Nebeker, treasurer from April
25, 1891, until May 31, 1893.
Behind the scenes of the CCAC
meeting CCAC member Dennis Tucker shares thoughts on
designs for American Legion coins. Also, Bill O'Rourke reveals
several U.S. coins found in circulated rolls that technically
shouldn't be there.
The Friedberg 362 note bears the serial number B1, and is graded
New 62 by PCGS Currency. It is the only serial number 1 example
possible for the note, since B is the only serial number prefix used
for the issue. The star after the number predates the use of stars to
designate replacement notes. Here, it was used as a security device to
prevent alteration of the serial number.
The note also has a regal pedigree. It first appeared as lot 289 in
the Nov. 25, 1944, auction session of the Albert A. Grinnell
Collection, when it was described as “superb,” and sold for $42. The
Heritage catalog says it then remained off the market until 1963, when
it was purchased by the current consignor, Dean Oakes, in a New York auction.
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