facebook
twitter
rss
account
search
search
 

U.S. 1891 $1,000 treasury note sells for record $2.5 million

April 28, 2013 at 4:15 PM   |   Comments

SCHAUMBURG, Ill., April 28 (UPI) -- A $1,000 bill minted in 1891 that depicts U.S. Gen. George Meade sold at auction in Illinois for a record $2.585 million.

The treasury note is thought to be only one of two in existence. The other is on display at the Smithsonian American History Museum in Washington.

Heritage Auctions said the $2.585 million set a record for a piece of paper currency.

It was put on the auction block in Schaumburg, Ill., Saturday. The bill was last sold at auction in 1944, when it sold for barely more than its nominal worth -- $1,350.

Among its previous owners is Amon G. Carter Jr., the collector and former publisher of the Forth Worth (Texas) Star-Telegram.

Topics: George Meade
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
Bethany Beach packed two days before jazz funeral
2
Gamers 'prank' each other by calling in real life SWAT team, webcam captures fallout
3
Welsh man sets house on fire while trying to kill spider
4
Georgia fourth grader suspended after bringing Nerf gun to school
5
Dreamworks Dad is back with video game-inspired 'Action Movie Kid - Volume 2'
Trending News
Video
x
Feedback