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.
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 1918 $1000 Federal Reserve Note from
Boston (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 $1000 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 $1000 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
auction is a fully original Fr.2220-F 1928 $5000 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 $5000, 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.
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
auction, or to consign to future auction events contact Currency Specialist
Brad Ciociola at bciociola@stacksbowers.com or Director of Currency Peter
Treglia at petert@stacksbowers.com.
