Spring Southern Estates Session I
Wed, Jun 1, 2022 10:00AM EDT
Lot 31
US Fractional Currency Shield, 1866 with Letter
Estimate: $3,000 - $5,000
Bid Increments
| Price | Bid Increment |
|---|---|
| $0 | $10 |
| $100 | $25 |
| $500 | $50 |
| $1,000 | $100 |
| $3,000 | $250 |
| $5,000 | $500 |
| $10,000 | $1,000 |
| $30,000 | $2,500 |
| $100,000 | $5,000 |
| $300,000 | $10,000 |
Property from a Private Collection, Richmond, VA
Description:
US Fractional Currency Shield, 1866 with Letter from Grinnell Brothers Dated 1931, the gray shield with a total of 39 notes, 11 notes hand-signed, 7 signed Colby-Spinner, and 4 signed Jeffries-Spinner, matted and framed, with letter and envelop taped to the back, dated May 20th, 1931 on 'Grinnell Brothers, Detroit' stationary, addressed to Mr. George H. Keesee, Federal Reserve Bank of Richmond, VA, 'My Dear Mr. Keesee:- I have recently secured one of the most beautiful shields of fractional currency that I have ever seen. Which contains several specimens of pen signatures, of Colby-Spinner, and Jeffries-Spinner. These shields are very rare and were issued by the treasury department about 1866 and contain specimens of fractional currency od different denominations of the first, second and third issues, including the third issue, second serries, with red backs, also the essay of the third issue, 15 cents, with portrays of grant and Sherman. This latter issue was forbidden by act of congress, April 7th, 1866. Consequently, was never put into circulation. I am sending this shield to you by express prepaid and hope that you will be able to find a place to hang it. Either in your office, the Director's room, I or some other satisfactory place, please accept this with my complements. Assuring you that your many kindness to me have been very much appreciated and with best regards, I remain, Yours very truly, Albert A. Grinnell'. Frame size: 30 1/4 in. x 25 1/4 in.Measurements: Height: of shield 23 1/2 in. x Width: 19 1/2 in.
Condition:
The shield cut and mounted to a shield shaped mat board, mat yellowed, some foxing and discoloration to shield with some bleeding to several signatures.
Buyer Pays Shipping Cost. We recommend that all potential buyers obtain pack/ship estimates prior to bidding. EVERARD AUCTIONS DOES NOT MAINTAIN AN IN-HOUSE SHIPPING DEPARTMENT OR PROVIDE PACK/SHIP QUOTES. For pack/ship quotes on smaller items, we suggest contacting Mike at The UPS Store (tel: 912.604.1682, email: tupss1206@gmail.com ). You may, of course, use any shipper of your choosing. For quotes on larger items please contact Westbrook Moving quotes@westbrookcorp.com or Plycon jjuliano@plyconvanlines.com providing:
Pickup city/state
Deliver to city/state
Description of piece(s)
Lot # and date of auction
Size of each piece(s) in inches: height/width/depth
Picture of the piece(s) if possible
Anything fragile associated with item: marble, glass, mirror, lacquer finish, velvet/mohair fabric etc.
Value to declare for each or all items
Any special assembly needs or flight carry needs at delivery
INTERNATIONAL SHIPPING: Please contact info@everard.com for international shipping quotes BEFORE bidding. Please be advised that international shipping can be costly.