Stack’s Bowers US Currency Auction of ANA World’s Fair of Money 2017

by CoinNews.net on July 19, 2017 · 1 comment

Stack’s Bowers Galleries is offering more than 830 lots of U.S. currency as a part of their August 2017 ANA World’s Fair of Money Auction in Denver, Colorado.

1928 $5000 Federal Reserve Note

1928 $5000 Federal Reserve Note. Atlanta. Fr. 2220-F. PCGS Very Fine 30 PPQ. Lot 10401.

Paper money rarities, including 551 live lots and 286 Internet-only lots, are already presented online at www.stacksbowers.com and open to bidding.

The top lot of the sale is a 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 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.

Deadwood, South Dakota. $10 1882 Brown Back

Deadwood, South Dakota. $10 1882 Brown Back. Fr. 487. The American NB. Charter #4983. Serial Number 1. PCGS Very Fine 30 PPQ. Lot 10533.

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.

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.

1861 Confederate $10. T-27

1861 Confederate $10. T-27. PMG Very Fine 30. Tied for Finest PMG Graded Example. Lot 10115.

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.

Additional highlights of the sale include, but are not limited to:

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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 Aug. 2 at 6:30 p.m. MT.

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Edwin Duban July 19, 2017 at 2:36 pm

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