The Stack’s Bowers Galleries Official United States Currency Auction of the ANA World’s Fair of Money is now online and open for bidding. This year’s auction offers 551 live lots along with 286 Internet-only lots.
Headlining the auction is The Cleo Collection of Confederate Paper Money, a complete type collection of Confederate treasury notes of incredible quality. Assembled over more than 50 years, the collection contains a number of notes that are the finest graded or tied for the finest graded, as well as many other notes of exceptional quality.
Among the highlights is a rare T-27 1861 $10 (lot #10115), one of the “Big Six” type notes. Graded PMG Very Fine 30, it carries an estimate of $20,000-$30,000 USD. Also of interest is the finest graded T-32 1861 $5 (lot #10120). Formerly owned by famed collector Dr. Douglas Ball, this PMG About Uncirculated 50 note is the finest graded by a full 10 points! It carries a pre-auction estimate of $7,000-$10,000.
Obsolete currency collectors will be treated to another great offering of Pennsylvania proof and issued banknotes. Included is a stunning pair of Oil City Bank Color Specimens in the $20 (lot #10049) and $50 (lot #10050) denominations. Each of these Choice Uncirculated Specimens carries a $3,000-$5,000 estimate.
Among large size type notes, an impressive Fr. 263 1886 $5 Silver Certificate graded Gem New 66 PPQ by PCGS (lot #10250) is expected to bring $30,000-$40,000. This broadly margined and sharply printed note displays the ever-popular “Silver Dollar Back” design. A newly discovered Fr.1133-A Boston 1918 $1000 Federal Reserve Note (lot #10321) is estimated to sell for $80,000-$120,000. The PCGS Extremely Fine 40 PPQ note is the single finest graded example for the Friedberg number and one of very few for the type to receive a PQ designation from either grading service. It is also just the fifth note now known for the catalog number.
High-denomination notes are featured prominently in the small size type section of the auction.
The finest graded Fr.2211-A Light Green Seal 1934 $1,000 Federal Reserve Note from Boston, graded Gem New 66 PPQ by PCGS (lot #10395), carries an estimate of $20,000-$30,000. A PMG Superb Gem New 67 EPQ Fr.2212-H 1934A $1,000 Federal Reserve Note from St. Louis (lot #10400) is one of only 10 examples of the design type to achieve that grade from PMG. The note is expected to sell for $20,000-$30,000.
The top lot of the currency auction is a fully original Fr.2220-F 1928 $5,000 Federal Reserve Note from Atlanta (lot #10401). This rare 1928 Series Ultra High Denomination note is new to the census and resides in a PCGS Very Fine 30 PPQ holder. PQ designations are rare on any $5,000, especially for the 1928 Series. The note carries an estimate of $125,000-$175,000.
A number of newly discovered National Currency notes are sure to attract attention. A freshly discovered 1902 $10 Red Seal from the First National Bank of Dewey, Indian Territory, Ch #8270, is estimated at $20,000-$30,000 (lot #10510). The note, graded PMG Very Fine 30 “Pinholes, Splits”, is the first Territorial note to be discovered from the bank.
A discovery serial number 1 1882 $10 Brown Back from the American National Bank of Deadwood, South Dakota, Ch #4983 (lot #10533), is sure to be a show stopper. Graded, PCGS Very Fine 30 PPQ, this striking Western National Banknote is one of just two notes known from the bank. The other, also supposedly a serial number 1 note, has not been seen in decades. The note is estimated at $60,000-$80,000.
Lastly, an incredible serial number 1 1902 $10 Red Seal from the First National Bank of Bellingham, Washington, Ch #7372, is expected to realize $40,000-$60,000 (lot #10547). The PCGS Extremely Fine 45 PPQ graded note features brilliant color and bold signatures. It is just the fourth serial number 1 Red Seal known for the state.
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The Stack’s Bowers Galleries Official Currency Auction of the ANA World’s Fair of Money will be held live on August 2nd at 6:30 pm MT. Online bidding for the auction is open now at www.stacksbowers.com.
For more information about the currency auction, or to consign to future auction events contact Currency Specialist Brad Ciociola at [email protected] or Director of Currency Peter Treglia at [email protected].
