The 1890 $100 “Watermelon” Note took its name from its design details and green ink, which some thought made the bill resemble the skin of a watermelon. The $100 version, with Admiral Farragut on the face, was referred to as the “Baby Watermelon” and the much rarer $1000 note as the “Grand.” The “Baby” that Heritage will offer on February 3rd in Long Beach, California is the first to come on the market since 2008. It’s estimated at $150,000 up.
Another featured item at Heritage’s Long Beach auction is a $5000 1934 Chicago Federal Reserve Note in “beautifully original” condition. Only around a dozen examples are known. This one is expected to sell for $100,000-$125,000.