ATTENTION! Weekend Special Auction with Heidi and Shanny! The Key Date Coins Weekend Special!
What is The Key Date Coin Special?
Well, when you ask, we will always listen. We have been getting a lot of complaints from people that with our most recent updates to our weekly high end coin auction that there’s too many high value coins there and not enough things for people to actually bid on, get a bargain they can afford, and come away with the same feeling and thrill that they used to have at our auction. So, we listened and we did a complete 180. We launched The Key Date Coin Special. An additional auction, 2 more nights a week, starting at 1:30pm, with all of the types of coins you wanted.
A complete new catalog of lots from us, each week! Every Single Friday and Saturday! This auction will run Friday, 02/07 - Saturday, 02/08 with Heidi at 1:30 and Shanny at 7:30pm. But don’t worry! We will still be running every Sunday and Monday with Heid and Shanny as well!
Get ready for this, this is the best part! This catalog will be ONLINE every TUESDAY or WEDNESDAY for prebidding. You will get 2-3 days to prebid with $1 starts on every single lot. No reserves.
Yes, EVERY SINGLE LOT.
Gold? $1 Start, No Reserve
Morgan Dollar Rolls? $1 Start, No Reserve
Rare Currency? $1 Start, No Reserve
We are very excited to kick this off and can’t wait to see you at the auction!
Please Note, this auction needs to be paid within 72 hours of Invoicing. We accept credit card or wire on invoices below $5000 and only check or wire on invoices $5000+
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LOT 8950:
1928 $10 Gold Certificate Signatures Woods/Mellon Grades vf35. FR-2400 Alexander Hamilton is the central subject ...
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Sold for: $275
Price including buyer’s premium:
$
324.50
Start price:
$
5
Estimated price :
$171 - $342
Buyer's Premium: 18%
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1928 $10 Gold Certificate Signatures Woods/Mellon Grades vf35. FR-2400 Alexander Hamilton is the central subject of this scarce $10 gold note, issued because of a change in the size of United States currency beginning with all series dated 1928. This change in the size of America’s currency came about from a study that had determined that printing smaller currency would save the government a hefty amount of money in production cost. Because of the nature of gold certificates – each one accompanied the deposit of gold coins – they are somewhat scarce to begin with, as gold is far more scarce than silver. Add to that the decision to drop the gold standard by President Franklin D. Roosevelt in 1933, thus making owning gold coin (or notes promising gold coin) illegal, and you end up with a series of notes that was printed, then recalled less than six years after their initial issue. Many of the notes were destroyed when turned in, and few of them survived. Fortunately for collectors, the restriction for owning gold certificates as collectibles was repealed by Treasury Secretary C. Douglas Dillon in 1964, but the damage had been done to the stockpiles of said notes. Not many remain of the millions that had originally been issued prior to the depression.
