A Great Rarity of the Twentieth Century

The $100 Gold Certificate in lot 7057 of our Spring 2026 U.S. Currency Rarities Night was issued under the Series of 1928 and represents a type that became illegal with a stroke of a pen thanks to the dictates of Executive Order 6102. At the time, A $100 note of any kind represented a large sum of money for the period, these notes had a printed guarantee that one could be exchanged for five gold double eagles (or some other combination of gold coins that were legal tender at the time).

The value alone, however, fails to explain the great rarity of this item, which is one of a population of fewer than 20 examples as a Replacement. Yet that population is largely composed of circulated examples that offer light to even circulation.

The example offered in the Spring Showcase Auction is the exception among recorded survivors. Graded Choice Uncirculated 63 EPQ by PMG, this specimen stands as the sole finest in the PMG Population Report. It is the absolute finest between the pieces encapsulated by both PCGS Banknote and PMG as well as one of the greatest pieces in our offerings from the Manhattan Beach Collection.

For bidders with an appetite for a rarity of this magnitude, this is a generational opportunity not to be missed, especially for those who desire to build an exceptional collection of small size notes with an emphasis on the best that can be bought.

The Stack’s Bowers Galleries Spring 2026 Showcase Auction is available for viewing and presale bidding at StacksBowers.com. For more information about our auctions or to consign your numismatic items, please call 800-458-4646 or email [email protected].