The Night it Rained $10,000 Bills – The Fr-1225 1900 $10,000 Gold Certificate PCGS Currency Choice New 63

$4,950.00

SKU #5002

1 in stock

Fr-1225 1900 $10,000 Gold Certificate PCGS Currency Choice New 63 Hole Punch Cancelled. One of the most interesting  notes in the U.S. Large Size series is the Fr-1225, for two very good reasons – their high denomination, and the incredible story that goes along with each note. 

It was a cold night in Washington, D.C. in the heart of the Great Depression. Shortly after midnight, some of the night dwellers, scurrying around trying to find shelter on this winter night in December of 1935 began to hear sirens and to see flashing lights. A fire had broken out in the newly built Post Office and the worst of it seemed to be raging up on the sixth floor. Soon, holes were smashed through the walls, and fireman could be seen throwing boxes of paper and other items into the street. Imagine what went through the minds of the people below when they suddenly found clouds of $10,000 Gold Notes raining down on them. Some of the items were returned by honest citizens, but some vanished into the night. The new owners soon discovered they could not spend them because these notes were only used in official transactions between banks. Besides, the notes were almost always found cancelled with punch or rubber stamp cancels. Paper money collectors were certainly willing to buy the notes and put them away quietly, and when they sold them, they did so privately because Federal authorities occasionally confiscated these notes as stolen government property. As time went by, the authorities eventually realized there were more important issues to deal with, and today these $10,000 Gold Certificates are OK to own. They occasionally show up in public auction and are always bring strong prices.

This example is one of the nicer ones to come on the market, Choice Crisp Uncirculated, with neat pin cancels that state, “PAYABLE ONLY TO THE TREASURER OF THE U. S.  A FEDERAL RESERVE BANK OR A FEDERAL RESERVE AGENT.”

A great addition to any collection of U. S. paper money, and a great conversation piece!

Order with Confidence the item you see in the image is the exact item you will receive.

Is It Graded Correctly? – Most buyers trust the grading services, but what about coins and notes that aren’t certified? I’ve been in the coin and paper money business since 1973 and have cataloged numismatic material for major auction companies such as Stack’s-Bowers, Spink, and R. M. Smythe & Company, but perhaps the best way to feel confident in my grading is to look at my eBay feedback (https://www.ebay.com/usr/slgcoinco1909).

Domestic Shipping – FREE!!!! International Shipping – you pay through Global Shipping Program.

Handling Times  1 Business Day or less.

Returns Accepted – after receiving the item, if you wish to return it you must contact us within 30 Days for a money-back refund. Return shipping will be paid by you. No restocking fee will be charged. My return rate is less than 1%, and when items are returned, I issue refunds instantly.

Authenticity Guaranteed All items unconditionally guaranteed to be authentic. 

Past President Professional Paper Money Dealers Association

Member ANA 

Member SPMC

 

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