$100 1928 NUMBER SEAL FRN PCGS "WALL OF GREED" NICE

Pricing & History

Sold for
Start Free Trial or Sign In to see what it's worth.
Sold Date
Source eBay

A tremendous example of a great note bearing the number seal and redeemable in gold clause on the left side of the note. Hailing from the world famous Cleveland "Wall of Greed" hoard, and among the very coolest hoards ever found. A museum item, if indeed acquired by a museum, will forever be out of private hands. A remarkable item that equals the single most desirable note of any variety we have ever offered. An unimaginable opportunity. Money found in Ohio house's walls no treasure By Joe Milicia Associated Press POSTED: 02:43 p.m. EST, Nov 05, 2008 CLEVELAND: In the end, a contractor who found $182,000 in Depression-era currency hidden in bathroom walls got just a few thousand dollars and, he feels, some vindication. The discovery amounted to little more than grief for Bob Kitts, who couldn't agree on how to split the money with homeowner Amanda Reece. It didn't help Reece's financial situation either. She testified in a deposition that she was considering bankruptcy and a bank recently foreclosed on one of her properties. As for the 21 descendants of Patrick Dunne — a wealthy businessman who stashed money that was minted in a time of bank collapses and joblessness, only to have it divvied up decades later in a similar economic climate — they'll each get a fraction of the find. "I called it the greed case," said attorney Gid Marcinkevicius, who represents the Dunne estate. "If these two individuals had sat down and resolved their disputes and divided the money, the heirs would have had no knowledge of it. Because they were not able to sit down and divide it in a rational way they both lost." Kitts would later call his discovery "the ultimate contractor fantasy." He was tearing out the bathroom walls of an 83-year-old home near Lake Erie on spring day in 2006 when he discovered two green metal lockboxes suspended by a wire below the medicine chest. Inside were white envelopes with the return address for "P. Dunne News Agency." "I ripped the corner off of one," Kitts said during a deposition in a lawsuit filed by Dunne's estate. "I saw a 50 and got a little dizzy." He called Reece, who had hired him for a remodeling project, at work. She got there within 45 minutes. They counted the cash, piled it on the dining room table and posed for photographs. Both grinned like lottery jackpot winners holding an oversized check. But how to share? She offered 10 percent. He wanted 40 percent. From there things went sour. A month after The Plain Dealer reported on the case in December 2007, Dunne's estate sued, claiming the rights to the money. By then there was little left to claim. Reece testified in a deposition that she spent about $14,000 on a trip to Hawaii with her mother and sold some of the rare late 1920s bills on eBay and to a coin dealer. She said about $60,000 was stolen from a shoe box in her closet, but testified that she never reported the theft to police. Kitts said Reece accused him of stealing the money and that she began leaving him threatening phone messages. Marcinkevicius doesn't believe the money was stolen but said he couldn't prove otherwise. After Reece dropped her claim to the remaining $25,230, Cuyahoga County Probate Magistrate Charles Brown last month gave Kitts 13.7 percent and the rest to Dunne's heirs. If the currency is sold at an appraised value of $38,592, Kitts will get $5,287 and each of the 21 heirs will receive $1,586. Heir Mary Curtis, who testified in court about her uncle's wealth, did not return a phone call seeking comment. Brown reasoned $157,000 would belong to the heirs because it was found in envelopes bearing Dunne's name. About $25,000 was found in cardboard boxes with no identification in another bathroom wall. Brown determined that that money would belong to the property owner, Reece, but since she dropped her claim Kitts should get the money because he found it. <... read more

Items in the Price Guide are obtained exclusively from licensors and partners solely for our members’ research needs.

Flag item for content or copyright

If this item contains incorrect or inappropriate information please contact us here to flag it for review.

If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.