Bowers and Merena Offers Diverse US Banknotes in June Baltimore Currency Auction

by Stack's Bowers Galleries on May 29, 2010 · 0 comments

IRVINE, Calif. — Bowers and Merena Auctions, America’s leading rare coin and currency auction house, will again present the Official Auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo.

Currency Notes for Auction
Two Banknotes in the Hundreds of Currency Lots Featured in Bowers and Merena Baltimore Auction (Large Note Images Below)

More than 200 impressive currency lots will join a magnificent array of nearly 3,500 coin lots in the auction that will be held June 16-20, 2010.

Ponterio & Associates, a division of Bowers and Merena, will present the world and ancients auction of coins and paper money, more than 2,300 lots, including over 1,500 lots of Ancient and foreign coins and 828 lots of world paper money.

Prior to the auction, lot viewing opportunities for U.S. currency lots will include a special viewing at the Memphis International Paper Money Show on Thursday, June 17, from noon to 5 p.m. CT, when the notes will then travel to Baltimore for the live auction and viewing at the Expo.


Matt Quinn, director of currency auctions, is enthusiastic about the impressive highlights that will cross the auction block. "We have two magnificent sheets of currency to offer, with the first being a tremendous uncut sheet of Rhode Island Colonials.

The Catalog numbers range from RI-282 to 289, with two of each denomination seen, seldom seen in such a large format. The other significant uncut grouping of notes is one of the finest sheets of Silver Certificates we have come across.

The sheet is an Uncut Sheet of 12 Fr. 1654 1934D Five Dollar notes encapsulated in a Superb Gem 68PPQ holder by PCGS Currency. This stunning sheet of notes is flawless to the naked eye."


Some important National Banknotes in the catalog start with a highly scarce large size 1902 Five Dollar Plain Back with the second bank name for charter 9745.

1902 $5 Santa Cruz Note Obverse
1902 $5 Santa Cruz Note Obverse (Click to Enlarge)

1902 $5 Santa Cruz Note Reverse
1902 $5 Santa Cruz Note Reverse (Click to Enlarge)

This County National Bank of Santa Cruz note retains nice appeal and is likely missing from even comprehensive California collections.

The second notable National comes from Muscogee, Indian Territory with the Charter number of 4385. "Territorial notes are ever popular pieces which always command a premium," Quinn said, "as mostly all in the National Banknote section of the hobby aspire to own one."

Muscogee Territorial $5 Note Obverse
Muscogee Territorial $5 Note Obverse (Click to Enlarge)

Muscogee Territorial $5 Note Reverse
Muscogee Territorial $5 Note Reverse (Click to Enlarge)

The type collectors will also be fortunate to participate in the sale with a few notable high grade large size pieces available.

Quinn added, "One of the most pleasing examples we have seen in some time for Friedberg number 21 will be presented to the collecting community bearing the challenging series ‘A,’ in a robust PCGS Extremely Fine 45PPQ holder. Next a wonderful Fr. 116 1901 $10 Bison note will cross the block encapsulated in a PMG Superb Gem Uncirculated 66EPQ grade which really wrings out all the detail the design could offer. A tasteful selection of high grade Gold Certificates will be the staple in the end of the large size type selection with many outstanding Gem notes seen."

Highlights include:

  • Fr. 116. 1901 $10 Legal Tender Note. PMG Gem Uncirculated 66 EPQ.
  • Fr. 281. 1899 $5 Silver Certificate. PMG Gem Uncirculated 65 EPQ.
  • Uncut Sheet of (16) RI-282 to RI-289. Jul. 2, 1780. $1 to $20.
  • Fr. 1187. 1922 $20 Gold Certificate. PMG Gem Uncirculated 66 EPQ.
  • Fr. 1654. 1934D $5 Silver Certificates. Uncut Sheet of 12. PCGS Superb Gem New 68 PPQ.
  • Fr. 21. 1875 $1 Legal Tender. PCGS Extremely Fine 45 PPQ.
  • Muscogee, Oklahoma. Indian Territory. $5 1882 BB. Fr. 471. The First NB. Charter #4385. PMG Fine 12 Net. Internal Tear.
  • Santa Cruz, California. $5 1902 PB. Fr. 601. County First NB. Charter #9745.2. Fine.

All lot descriptions and images in the June 2010 Baltimore Auction can be viewed online at the Bowers and Merena website, Printed catalogs are available upon request by calling 800.458.4646.

Bidding will open during the fourth week of May and pre-auction bids are welcome at; by e-mail at; by phone at 800.458.4646; by fax at 949.253.4091; and by postal mail addressed to Bowers and Merena, Baltimore June 2010, 18061 Fitch, Irvine, CA, 92614.

Interested bidders are also encouraged to view lots onsite in Baltimore June 15-19, 2010, and bid in-person at the live auction, or live online through the Bowers and Merena website. A complete auction and lot viewing schedule is available at or by calling 800.458.4646.

About Bowers and Merena Auctions

Bowers and Merena Auctions was founded in 1983 and has grown to become the world’s preeminent numismatic auctioneer with more than half a billion dollars in rare coin and currency sales. They were awarded the prestigious honor of Official Auctioneer for the 2009 American Numismatic Association Conventions in Portland and Los Angeles, in addition to their continued service as Official Auctioneer of the Whitman Coin & Collectibles Baltimore Expos three times every year.

Bowers and Merena has handled four of the five most valuable United States coin collections ever sold, including the Louis E. Eliasberg Sr. Collection, the Harry W. Bass Jr. Collection, the Garrett Collection for The Johns Hopkins University and the Norweb Collection. In 2008, Bowers and Merena Auctions acquired Ponterio & Associates, Inc., which now serves as Bowers and Merena’s auction division for world and ancient coins and currency. Bowers and Merena Rare Coin Galleries offers direct buying and selling of exceptional quality gold and silver rare coins.

For more information about Bowers and Merena’s June 2010 Baltimore Auction, call 800.458.4646. For media inquiries, ask for President Steve Deeds. Complete prices realized for all past auctions are available at www.bowersandmerena.

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