Fr. 1214 (W-3688). 1882 $100 Gold Certificate. PCGS Gem New 66 PPQ.

Fr. 1214 (W-3688). 1882 $100 Gold Certificate. PCGS Gem New 66 PPQ.，Just four examples of this catalog number have achieved a Gem New 66 PPQ grade from PCGS, with none finer. This note displays darkly printed design elements and bold golden underprints. The back print is brilliantly colored with the open fields confirming the strict originality of the paper.<p><p><p><strong>$100 Gold Certificates, Series of 1882</strong><p>The face of this note has the portrait of Missouri Senator Thomas Hart Benton to the left and the denomination in two conjoined rosettes at right. Gold overprints include "GOLD" at the top center and backgrounds to the serial numbers. Issued under the Act of March 3, 1863. The back is printed in a rich orange-gold and has an eagle at the center. After December 17, 1878, gold coins and paper currency were exchangeable at par in general commerce. Accordingly, these are the first of the Gold Certificates that saw wide use. The color tended to fade. Once again, the Anderson note is superb.<p>Among American senators Benton, nicknamed "Old Bullion," is the most famous figure in the annals of gold coins. Among other things, he was responsible for the Act of June 28, 1834, which lowered the gold content of coins, permitting them to circulate at par for the first time since 1820.<p>The print run of this variety was 1,020,000. We estimate that fewer than 350 survive today.，From the Joel R. Anderson Collection of United States Paper Money, Part I. Earlier from Lyn Knights sale of October 2005, lot 48.，