*Please Note* Our New York City Storefront Location will be closed on Thursday, November 22, 2018 through Saturday, November 24, 2018. We will reopen for business on Monday, November 26, 2018. Thank you for your understanding, and Happy Thanksgiving.
Press Release Feed

The Stack’s Bowers Galleries March Baltimore Currency Auction Realizes More Than $10.3 Million

Author: Stack's Bowers Galleries / Friday, April 06, 2018 / Categories: Press Releases

Santa Ana, CA. (April 6, 2018) – 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). ​

Thursday night, 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.

Offered on Thursday night was 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 first major U.S. currency auction of the year came to a close Monday, March 26, as over 1,000 further lots of paper money crossed the block in the internet session of the auction.

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.

 

About Stack's Bowers Galleries

Stack's Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.

Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.

​​