Considering all the multi-million dollar notes on eBay recently, this one actually merits a chin scratch. It's neat as heck. I didn't even know such a thing existed. But worth $1,000,000? I think not. Check it out for yourself: http://www.ebay.com/itm/1-1934-1928-SILVER-CERTIFICATE-Fr-1605A-PCGS-55PPQ-UNIQUE-THE-ONLY-SURVIVOR-/251132397510 If it is a continuation of the 1928 series as the seller claims, there should be no break in serial numbers, right? Does anyone know the serials to the last known run of 1928-E notes?
Yeah I had to delete the first couple words off the link the OP provided to make it work. Thanks for the good link, Rick.
There is nothing "transitional" about this note. The definitive article appeared in Bank Note Reporter last year. The BEP concurrently printed 1928 and 1934 $1 silver certificates during 1934 and 1935. They did so on separate plate presses and numbering presses. Someone mistakenly placed a 1934 sheet onto a pile of 1928s for numbering with 1928 serials. This makes the note an error--spectacular nonetheless, but that simple. There is no technical or factual basis for the transitional label--it is merely promotional.
I agree with MEC2, and will add that I enjoy Jamie's research and articles in Paper Money Magazine and Bank Note Reporter.