Dallas, TX – The Official Currency Auction of the FUN 2009 Convention in Orlando, presented by Heritage Auction Galleries, has posted prices realized exceeding $6.1 million. This was part of a weeklong series of Heritage auctions that also realized $52 million in U.S. rare coins sold at FUN, and $7 million in ancient and world coins sold at NYINC.
Nearly three thousand bidders participated in the 5,575 lot currency auction, and just below half of them were successful. Altogether, Heritage offered more than 19,000 lots at the FUN & NYINC venues. Overall, 87% of the FUN lots found new owners. All lots are currently posted at HA.com for post-auction research. The totals are expected to further increase as Post Auction Buys continue. FUN 2009 was Heritage’s – and the numismatic industry’s – third most valuable auction
"We were pleased with our FUN 2009 results," noted Allen Mincho. "With all of the dislocations in the national economy, we were pleased that demand for rare currency was only off a little from the 2008 highs – and at that, many notes sold at FUN for record prices. We think this is a very positive start for 2009, as the currency collector community responded with real strength for notes that they desired.
FUN was also Heritage’s first auction to extensively feature our new Video Lot Descriptions; the reception of bidders and consignors has been most gratifying. We invite you to visit HA.com and see for yourself. We also saw many clients participating – and winning – through our HERITAGE Live! online bidding system."
Heritage is currently accepting consignments for their Central States Numismatic Society Convention auction; for more information, call Heritage’s currency consignor hotline at 800-872-6467 ext. 1001.
Click here for Greg Rohan’s videotaped comments on the FUN auctions and show.
Featured FUN rarities include:
Lot 15430: Fr. 817b $10 1915 Federal Reserve Bank Note PMG Choice About Unc 58 EPQ. Realized $126,500.
In November 2008, Chad Hawk, a grader at PMG, discovered a previously unknown Federal Reserve Bank Note variety – hand-signed by the Kansas City officials, instead of engraved signatures and rubber-stamped signatures.
Lot 14882: Fr. 123 $10 1923 Legal Tender Star Note PMG Fine 12. Realized: $92,000.
One of only three known elusive Star replacement notes of Fr. 123, with serial number 482.
Lot 15172: Fr. 268 $5 1896 Silver Certificate PCGS Superb Gem New 68PPQ. Realized: $74,750.
This Educational $5, serial #29, featured broad, even margins on both front and back, with exceptional print quality, originality, and overall eye appeal; the only so-graded.
Lot 14216: Albuquerque, NMT – $100 1882 Brown Back Fr. 530 The First NB Ch. # (W)2614. VF-XF. Realized: $74,750.
An extraordinary Territorial rarity from New Mexico; the latest Kelly census reveals only nine $100 Territorial Brown Backs extant from all territories combined.
Lot 13765: Fr. 2308* $10 1934 North Africa Silver Certificate. PMG Very Fine 25. Realized: $71,875
This is only the third known 1934 North Africa $10 Star note, making it the highlight of any collection.
Lot 14332: Winston, NC – $10 1875 Fr. 416 The First NB Ch. # 2319. Fine. Realized: $51,750.
A North Carolina trophy note: the only note known from this short lived bank, as well as a rare type and denomination from the state (with only eight such examples listed in the census).
Lot 15189: Fr. 271 $5 1899 Silver Certificate PCGS Superb Gem New 68PPQ. Realized: $46,000.
This is only note that PCGS has graded at 68PPQ for this Friedberg number; the margins are astounding, the deep embossing original, and the centering of both sides is micrometer-perfect.
Lot 14062: Villisca, IA – $50 1875 Fr. 447 The First NB Ch. # 2766. VF30. Realized: $46,000.
An exceptionally rare note with a great pedigree from the fabled Amon Carter, Jr. Collection. It is excessively rare: the sole example from Villisca, and only 63 examples from all US banks.
Lot 15571: Fr. 1192 $50 1882 Gold Certificate PCGS Very Fine 30PPQ. Realized: $43,125.
One of only nineteen examples known of this Friedberg number, and to our best knowledge, the third finest example known.
Lot 13956: Tarpon Springs, FL – $5 1902 Plain Back Fr. 609 The First NB Ch. # (S)12274. Very Fine. Realized: $35,938.
An exciting serial number 1 note: The First NB of Tarpon Springs only issued Series 1902 $5 Plain Backs as it was open only from 1922 to 1933 (and by 1935, only $515 outstanding).
Lot 15449: Fr. 855b $5 1914 Federal Reserve Star Note PMG Gem Uncirculated 66 EPQ. Realized: $25,300.
An excessively rare star note, one of only three Fr. 855b stars in the census and part of a consecutive pair which we sold in 1999. The PMG holder notes “Exceptional Paper Quality, Great Embossing.”
Lot 12313: Confederate T43 $2 1862 – Inverted Overprint. PMG Choice Fine 15. Realized: $20,700.
This is the most dramatic Confederate error we can recall ever seeing as the green overprint on this $2 is printed upside down. Confederate errors of any type are few and far between with this major error example being possibly unique for type.
Lot 13129: Fr. 1870-F $20 1929 Federal Reserve Bank Note. PCGS Choice New 63PPQ. Realized: $19,550.
This serial number 1 Federal Reserve Bank Note is a great rarity in this series. Despite the presence of many low number notes, including more than a few single digit examples, few number 1s survive. From The Robert Moon Collection of Low Numbered FRBN’s.
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. 150, or visit www.HA.com/Catalog to order by email.
About Heritage Auction Galleries
Heritage Auction Galleries is the world’s third largest auction house, and by far the largest auctioneer of rare collectibles, with annual sales over $700 million, and 400,000+ registered online bidder members. For more information about Heritage’s auctions, and to join and gain access to a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com.
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