A website visitor alerted us to another interesting Heritage currency offering.
-Editor
Shane Cheek writes:
"Check this out! Heritage Auctions has a fractional currency grouping called the National Bank Fruitcake Find. These bricks and bundles in this grouping were from the National Bank of Athens, Georgia. The currency had been stored in a fruitcake box for nearly 50 years. There are 12 lots, and each lot description provides a bit of the story.
"I found your article about fractional currency bands and thought that you would like to see this grouping."
Absolutely - this is a very cool find. Thanks. We love obscure topics like this - very interesting. Here are some of the lots.
-Editor
Fr. 1266 10¢ Fifth Issue Original Pack of 100
William Meredith, who served as the 19th United States Secretary of the Treasury, can be found on the front of the Fifth Issue 10¢ Fractionals that make up this original pack of 100 examples. Out of the twelve total packs and bundles that made up The National Bank Fruitcake Find, only two Full Packs of 100 Fr. 1266 Fractionals were included. Both of those examples graded Choice Unc 64 PPQ by PCGS Banknote, and are being offered tonight. The 10¢ notes included in this pack are all Uncirculated, which should come as no surprise, as they sat in safe deposit boxes for over a century. Now, for the first time ever, collectors have an opportunity to acquire a true Fractional Currency trophy which would become an instant centerpiece and head-turner in any advanced collection. (Total: 100 notes)
From The National Bank Fruitcake Find
To read the complete lot description, see:
Fr. 1266 10¢ Fifth Issue Original Pack of 100 - Full Pack PCGS Banknote Choice Unc 64 PPQ. William Meredith, who..
(https://currency.ha.com/itm/fractional-currency/fifth-issue/fr-1266-10-fifth-issue-original-pack-of-100-full-pack-pcgs-banknote-choice-unc-64-ppq-total-100-notes-/p/3599-175002.s)
Fr. 1309 25¢ Fifth Issue Original Pack of 40
To read the complete lot description, see:
Fr. 1309 25¢ Fifth Issue Original Pack of 40 - Full Pack PCGS Banknote Gem Unc 65 PPQ. Fully Gem and very well-d...
(https://currency.ha.com/itm/fractional-currency/fifth-issue/fr-1309-25-fifth-issue-original-pack-of-40-full-pack-pcgs-banknote-gem-unc-65-ppq-total-40-notes-/p/3599-175005.s)
Fr. 1309 25¢ Fifth Issue Original Bundle of 200
A second original bundle of 200 from The National Bank Fruitcake Find. The reason behind the name of this find is that these Fractional notes were stored in a Benson's Sliced Old Home Fruit Cake of Athens, Georgia box within the bank's vault. Benson's Bakery was founded in 1918 and added a fruitcake line in the early 1950s. A bank employee must have decided that the Benson's box would make an excellent storage container for the bank's Fractional holdings. The Fr. 1309 bundle in this lot is much like the others in this historical find. It has a correct Fractional 50 Dollars band of the period, the ends of the band have been joined under the bottom edges of the notes with two bank pins, the same two names of possible tellers have been penciled on the band, and the band shows a little splitting, but remains in nice condition for being 150 years old. The first note has plate letter H, but all of the other 199 notes are either plate letter "B" or "I." Several of the notes also have wrinkles from the drying process. We would like to point out that not a single Walker in this bundle has a needle hole. Also, all of the notes in this original bundle are of the same size. (Total: 200 notes)
From The National Bank Fruitcake Find
To read the complete lot description, see:
Fr. 1309 25¢ Fifth Issue Original Bundle of 200 Choice About New. A second original bundle of 200 from The Natio.
(https://currency.ha.com/itm/fractional-currency/fifth-issue/fr-1309-25-fifth-issue-original-bundle-of-200-choice-about-new-total-200-notes-/p/3599-175011.s)
Fr. 1381 50¢ Fifth Issue Original Bundle of 200 - 10 Full Packs Choice About New.
A $100 band holds ten full packs of 20 50¢ notes with each having a thin "Ten Dollar" band. We noticed only one "Ten Dollar" band that has split open, while the $100 band has been pinned together many times at bottom and has retained only a solitary bank pin. The $100 band in this lot has pencil writing on it like the other examples from this consignment. A few of the packs of 20 notes are held by the $100 band in an upside down position. Our examination did not find any needle holes in the notes.
This lot contains not only the original bundle of 200, but also the Benson's Sliced Old Home Fruit Cake of Athens, Georgia box that held the Fractional notes within the bank's vault. It was once sealed with a sticker that has a penned date of "1/20/ (19)78." There are also parts of another label that is damaged and reads in part. "(Co)mptroller Currency / Uni(ted States Tre)asury. This box once held one of the most interesting Fractional finds. (Total: 200 notes)
From The National Bank Fruitcake Find
To read the complete lot description, see:
Fr. 1381 50¢ Fifth Issue Original Bundle of 200 - 10 Full Packs Choice About New. A $100 band holds ten full pac...
(https://currency.ha.com/itm/fractional-currency/fifth-issue/fr-1381-50-fifth-issue-original-bundle-of-200-10-full-packs-choice-about-new-total-200-notes-/p/3599-175009.s)
Wow - what an amazing museum-worthy find.
-Editor
To see the complete collection, see:
https://currency.ha.com/c/search/results.zx?dept=2021&mode=live&auction_name=3599&featured_collection=3803
Here are the images of a collection of ten different Fractional Currency Treasury Bands from Heritage's sale of the Tom O'Mara collection in 2005.
-Editor
To read the earlier E-Sylum article, see:
ORIGINAL BANDED FRACTIONAL PACKS
(https://www.coinbooks.org/esylum_v18n42a18.html)
Wayne Homren, Editor
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