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HomeAuctions1902 Alaskan $5 could bring $200,000+ in Heritage Auctions’ ANA Currency event

1902 Alaskan $5 could bring $200,000+ in Heritage Auctions’ ANA Currency event

Rare note, one of two known, descended in the family of Teddy Roosevelt’s VP, Charles Fairbanks, for who the city of Fairbanks, AK is named; Fr. 2221-K $5000 1934 Federal Reserve Note, PCGS Very Choice New 64PPQ from The John Henderson Collection, may bring $120,000+, Oct. 18 in Dallas

A rare early National Bank Note from Fairbanks, Alaska, with prestigious serial number 1 and a pedigree from the family of the city’s namesake, leads the offerings in Heritage Auctions’ ANA Currency Signature® Auction, the official auction of the 2012 ANA National Money ShowSM in Dallas, Oct. 18-22.

The Series 1902 Red Seal $5 National Bank Note, Fr. 587, First National Bank of Fairbanks, Apparent Choice New 63, was issued in 1905 along with $10 and $20 denominations. The city of Fairbanks was named for a then-U.S. Senator from Indiana, Charles W. Fairbanks, who had been a key participant in the 1898 negotiations over the border between Alaska and Canada. The high-grade, low-serial-number note comes directly from the family of Charles W. Fairbanks, a striking pedigree that gives an already rare piece of currency even more importance. The estimate is $200,000+.

A major Featured Collection of U.S. currency auction, The John Henderson Collection, contains a number of important highlights. Chief among them is a Fr. 2221-K $5000 1934 Federal Reserve Note, PCGS Very Choice New 64PPQ. One of seven such notes discovered and offered to discerning private collectors in 2006, this example with two-digit serial number 55A is offered at public auction for the first time with an estimate of $120,000+.

A face proof for the Fr. 202 $5000 1863 Interest Bearing Note, a design unknown in issued form, is a rare opportunity to own a seldom-seen Friedberg number. A fascinating allegorical design with a woman dropping a pendant into a burning altar bearing George Washington’s portrait adds further interest. The proof is estimated at $50,000+.

Further important Federal Reserve currency includes the unique Fr. 788a 1915 $5 Atlanta note with Bell – McCord signatures, PMG Very Fine 25, estimate $50,000+; a Fr. 1132-G $500 1918 note from Chicago, PCGS Extremely Fine 40, estimate $40,000+, and a Fr. 1133-L $1,000 1918 note from San Francisco, PMG About Uncirculated 55, estimate $50,000+.

Historic Gold Certificates also are among the highlights. A Fr. 1180 $20 “Technicolor” 1905, PMG Gem Uncirculated 65 EPQ, bears an estimate of $35,000+. A Fr. 1220 $1000 1922 certificate, PMG Choice Very Fine 35 Net, has an estimate of $40,000+.

Among the noteworthy Legal Tender currency up for bid are a Fr. 161 $50 1880, PMG Gem Uncirculated 66 EPQ, part of The John Henderson Collection, estimated at $30,000+, and a Fr. 187j $1,000 1880, PCGS Apparent Fine 12, with estimate of $35,000+.

An additional Western first-serial-number Red Seal National Bank Note, Fr. 588 1902 $5 from The Morgan County National Bank in Fort Morgan, Colorado, PMG About Uncirculated 55 Net, is estimated at $25,000+. While a Fr. 382 Original “Ace” from The Wyoming National Bank, Laramie City, Wyoming Territory, PMG Very Good 10 Net, is one of three known and is estimated at $37,500+.

Heritage Auctions is far and away the largest auction house founded in the United States, and the world’s third largest, with annual sales of more than $800 million, and 750,000+ online bidder members. For more information about Heritage Auctions, and to join and receive access to a complete record of prices realized, with full-color, enlargeable photos of each lot, please visit HA.com

Heritage Auctions
Heritage Auctionshttps://www.ha.com/
Heritage Auction Galleries is one of the world's largest collectibles auctioneers. Besides offering rare and valuable U.S. and world coins and currency, Heritage offers ancient coins, exonumia, antiques, comic books, sports memorabilia, and many other collectibles. The firm is based in Dallas, Texas.

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