Due to an increased interest in these rare notes, the Fairbanks family recently decided to consign with Heritage Auctions, realizing that the significant value of the uncirculated note had dramatically increased over the years. Out of the four notes of its kind, one sold in 1997 for $93,500 and another resides at the University of Alaska Museum of the North in Fairbanks. At the time of publishing, the whereabouts of the 4th note is unconfirmed.
The auction is open to the public and will be held during the American Numismatic Association National Money Show in Dallas, the third week of October 2012, at the Dallas Convention Center. The Heritage Auction live floor session is scheduled for 6 p.m. CST Thursday, October 18, 2012, and Internet bidding ends at 10 p.m. CST the night before the floor session.
You can bet -- with such a scarce and pristine piece of history up for the taking -- that this auction will be a highlight of the show and, perhaps, an event to go in the Fairbanks family history books.
If you'd like more information about this historic auction, please refer to the following websites:
According to the Heritage Auctions website, this historic bill sold on October 18, 2012 for $246,750. There was considerable interest in the bill as 4,518 page views were racked up on the website. The purchaser immediately began taking offers on the Heritage Auctions website.
You can view other currency auction results from this show, as well.
West Seattle Coins and Bellevue Rare Coins specialize in rare coins and gold buying. We are a family-owned business that was first established in 1979 and is now located in West Seattle, Bellevue and Lynnwood. We also deal in silver, diamonds, currency and jewelry. Visit us first for a free appraisal.