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Rare Money Blog

By Stack's Bowers Galleries

​Thanks for checking back for the answer to last week's Test Your Knowledge!

By James McCartney, Senior Numismatist

Throughout the 1840s, the United States Mint struck silver dollars only at the request of bullion depositors who asked for this denomination. There was no significant supply of domestically mined silver available during that decade, limiting the amount of bullion available for dollar coinage. The net result for the silver dollar was a decade of low mintages, the highest only 184,618 pieces in 1842.

By Jeremy Bostwick, Senior Numismatist and Cataloger

​While the American colonies were in the midst of a revolution that would see them gain independence from Great Britain, Persia on the other side of the world was mostly experiencing a period of peace and relative stability following decades of infighting. The Zands were a royal house in the lands of Persia, an area roughly corresponding to the modern country of Iran and historically ruled over by such powers as the Achaemenids, Parthians, Sasanians, and Seljuks.

By Brad Ciociola, Currency Specialist

​One of the finest known $5000 Federal Reserve Notes is set to cross the auction block as part of Stack’s Bowers Galleries’ Official United States Currency Auction at the ANA World’s Fair of Money this August in Pittsburgh. The note is a Fr.2221-K Series of 1934 note from the Dallas district and has been graded Gem Uncirculated 65 EPQ by PMG. It is one of just six $5000 FRNs that have achieved that grade at PMG with none finer.

By Harvey Stack, Co-Founder

​After our sale at the 1976 ANA Convention was completed, a group of dealers gathered in the lobby of the Sheraton Hotel to discuss our success selling this massive group of coins in a single sale. Ed Rochette, the executive director of the ANA, asked a group of us if we could have a private talk about future ANA sales. I was exhausted after selling thousands of lots during the past few days, but a meeting was important, so I attended.

By Q. David Bowers, Co-Founder

​Welcome to the Stack's Bowers Galleries catalog for the June 2020 auction, to be held at our company headquarters in Santa Ana, California. Awaiting your inspection and bidding is a wide selection of U.S. coins and exonumia—we hope something for everyone.

By Stack's Bowers Galleries

​Did you know Stack's Bowers and Ponterio has announced new dates for the next Hong Kong auction? Fresh off the success of their monumental 10th Anniversary Hong Kong auction earlier this month, Stack's Bowers and Ponterio has finalized new dates for their next sale focused on Chinese and other regional rarities. Previously slated for August 17-20 in conjunction with the Hong Kong Coin Show (HKCS), this auction will now take place October 5-8, 2020 and be held at the Mira Hotel as have previous Stack's Bowers and Ponterio Hong Kong sales. It will not be held alongside the HKCS, which plans to retain its original August dates.

By Stack's Bowers Galleries

​Stack's Bowers and Ponterio is proud to announce the results from their recently concluded May Hong Kong auction. Total prices realized for this monumental 10th anniversary sale were $13,207,382, but that only tells part of the story. The sale had been rescheduled from its original date in March and was put in jeopardy of cancellation due to worldwide efforts to contain the COVID-19 pandemic. However, due in large part to Stack's Bowers' industry leading online bidding technology, the sale went on, with their auctioneers receiving bids on the "floor" from their California and Hong Kong offices, as well as on their award-winning Stack's Bowers Galleries iBid Live internet platform.  When the hammer on the last lot fell, over 93% of the 3,845 lots had gone to new buyers at prices that reflected 154% of pre-auction high-estimate on lots that sold. Overall, the auction was Stack's Bowers and Ponterio's largest in Hong Kong since August 2011. (All prices include the buyer's fee.)