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1880 thousand dollar legal tender note stacks bowers galleries

Fr.187j 1880 $1000 Legal Tender Note from the Tarzan Collection 

By Brad Ciociola, Currency Specialist

Author: Brad Ciociola / Thursday, June 03, 2021 / Categories: Paper Money of the Week

One of the highlights of our August Official United States Currency Auction of the ANA World’s Fair of Money is a Fr.187j 1880 $1000 Legal Tender Note from the Tarzan Collection. Just 14 examples are known of this Lyons-Treat signed variety, all but one which are privately held and available to collectors. A single example resides in the collection of the Federal Reserve Bank of Chicago.  

The face design continues that used in the Series of 1869 and 1878, but with some changes. Depicted on the face are two seemingly unrelated vignettes, not particularly unusual in a layout for this period. To the left is Columbus in His Study, with a globe on the floor nearby. At the center is DeWitt Clinton (1769-1828), U.S senator and governor of New York, with the fingers of his right hand touching the side of his head. 

A cherry red scalloped Treasury Seal is near the bottom right on the face of the note. Bold blue printed serial numbers are found in panels to the lower left and upper right of the portrait. Clean paper and plentiful margins are observed on this evenly circulated example. All of the engraved design elements are presented sharply including the vignettes on the face and the intricate green printed back. PMG has graded this note Very Fine 30 Net with a “Restoration” comment on the back of the holder. 

The note carries an estimate of $125,000-$175,000. The consignment deadline for our ANA auction is June 18; the live auction will be held August 10-13 in Rosemont, Illinois, with the Internet portion scheduled for August 16-18, 2021. To consign, contact Director of Currency Peter Treglia at [email protected].  ​