Heritage Currency Auction Contributes $14.2 Million toward $44 Million CSNS Event

by Heritage Auctions on April 28, 2008 · 0 comments

Dallas, TX. The Official Currency Auction of the Central States Numismatic Society convention, held by Heritage Auction Galleries, realized $14,164,504, the largest currency auction ever, and the final total will be even higher after Post Auction Buys are concluded. Combining the rare coin and currency results, total prices realized at Central States currently exceed $44.4 million. More than 6,700 bidders participated in Heritage’s Signature events, and another 3,000-plus bid in the Final Sessions.

Banknotes auctioned by Heritage at Central States Numismatic Society convention

The auctions were held in Rosemont, Illinois on April 16-18; Images, descriptions, and prices realized for all lots can be viewed at the Heritage website, HA.com.


“This was our largest Heritage currency auction ever,” enthused Allen Mincho, “surpassing even our fabled Taylor Family Collection auction in February of 2005. We were incredibly pleased with the results at Central States, but even more astonishing was the bidder participation.

We have never seen so many bids placed through every means. On many lots, we would open and ten cards would shoot up in the room, and they would be competing against three bidders on the telephone and two more on Heritage Live. The bidding on many lots was so intense – and sustained – that they took ten minutes to sell! Many of the dealers present expressed their astonishment.”


“As we expected,” concluded Len Glazer, “the market is continuing to react most strongly when rarity and quality are combined, but either one of those elements was sufficient to inspire spirited bidding. This was our best Central States Currency auction ever, and we are looking forward to our September auction in Long Beach.”


Highlights from Heritage’s Rosemont Central States Currency Signature Auction:

Lot 13433: Fr. 1160 – One of Only Five Known $50 National Gold Bank Notes

Ex-Amon Carter. Realized: $373,750

Lot 15222: Fr. 377 – 1890 $100 “Watermelon” Note, PMG AU 53 Net. Ex-Amon Carter

Realized: $195,500

Lot 15322: Fr. 822a – 1915 $20 FRBN, PMG XF 40 – Unique

Realized: $161,000

Lot 15410: Fr. 952b – 1914 $20 Red Seal FRN, PMG XF 40 – One of only three known

Realized: $138,000

Lot 14867: Fr. 2231-B 1934 $10,000 FRN from Binion’s Horseshoe, CGA Gem 65

Realized: $126,500

Lot 14868: Fr. 2231-B 1934 $10,000 FRN from Binion’s Horseshoe, CGA Choice 63

Realized: $109,250

Lot 14866: Fr. 2221-K – 1934 $5,000 FRN, PMG XF 45

Realized: $109,250

Lot 14561: Fr. 2405 – 1928 $100 Gold Certificate, PMG Gem 66 EPQ

Realized: $103,500

Lot 15331: Fr. 830 – 1915 FRBN, PMG Fine 15. One of Three Known

Realized: $103,500

Lot 15504: Fr. 1080a – 1914 $100 Red Seal FRN, PMG VG 10 Net. One of Three Known

Realized: $97,750

Lot 15320: Fr. 822 – 1915 $20 FRBN, PMG VF 30. One of Four Known

Realized: $92,000

Lot 15059: Fr. 127 – 1869 $20 Legal Tender “Rainbow Note”, PMG Gem 67 EPQ

Realized: $86,250

Lot 13428: Fr. 1149 – 1865 $10 First National Gold Bank of Petaluma, CA

Realized: $86,250

Lot 13189: Fr. 408 – 1875 $2 Second NB of New Mexico at Sante Fe, NM Territory

Realized: $80,500

Lot 15505: Fr. 1081b – 1914 $100 Red Seal FRN PMG XF 45

Realized: $74,750

To discuss consigning coins or currency to an upcoming auction, please call the Heritage Consignor Hotlines at 800-872-6467 ext. 1000 (Coins); or ext. 1001 (Currency).

For more information about Heritage’s auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com

To reserve your copy of any Heritage auction catalog, please contact Client Services at 1-800-872-6467, ext. 1150, or visit www.HA.com/Catalog to order by email.

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