Wednesday, April 11, 2018

Baltimore Currency Auction Realizes $10,440,026

The four sessions of Stack's Bowers Galleries' much anticipated Official Currency Auction of the Whitman Coin & Collectibles Spring Expo realized $10,440,026 (all prices include the buyer's fee). ​2 $1000 Legal Tender Note realized $960,000.

1863 $1000

On March 22, featured the landmark Joel R. Anderson Collection Part I during which 64 lots realized an astounding $7,912,140. Seven lots from that collection each realized more than $500,000, including the finest known Fr.186d 1863 $1000 Legal Tender Note graded Choice About New 58 by PCGS Currency that brought $960,000. The only privately held Fr.187b 1880 $1000 Legal Tender Note, graded Choice About New 55 by PCGS Currency, also realized $960,000. A PCGS Currency Very Choice New 64 PPQ Fr.183c 1863 $500 Legal Tender Note was sold for $900,000.

The A.J. Vanderbilt Collection of U.S. Paper Money which saw a total realization of $818,100. Among the highlights of that collection was the finest known Demand Note, an Fr.2 1861 $5 graded Gem Uncirculated 65 EPQ by PMG that sold for $372,000. Also featured was the finest PMG graded Fr.1136 1870 $5 National Gold Bank Note from the First National Gold Bank of San Francisco, Ch. #1741. This PMG Extremely Fine 40 EPQ graded note realized $66,000.

Friday night's currency session featured 503 lots which realized a total of $1,509,450. Among the leading lots of that session was a Fr.1132-H 1918 $500 Federal Reserve Note from St. Louis graded Extremely Fine 40 by PCGS Currency that realized $26,400. A PMG Very Fine 30 Net graded Fr.2221-G 1934 $5000 Federal Reserve Note from Chicago sold for $63,000. An 1882 $20 Brown Back from the Calumet National Bank of South Chicago, Illinois, Ch. #3102 and PCGS Currency graded Fine 15, brought $20,400. Small size National Currency was hot with a 1929 Type 1 $10 from the First National Bank of Zillah, Washington, Ch. #9576, and graded Fine 12 by PMG selling for $28,800.

Stack's Bowers Galleries is now accepting consignments to their upcoming official U.S. Currency Auction of the ANA World's Fair of Money to be held this August in Philadelphia, Pennsylvania. 

Please contact Director of Currency Peter Treglia at petert@stacksbowers.com or Currency Specialist Brad Ciociola at bciociola@stacksbowers.com to inquire about your items.