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To be Showcased by Stack’s Bowers Galleries

The Stack’s Bowers Galleries official auction at the World’s Fair of Money in August—the most important show of the year—will include the Watermelon Collection of United States Paper Money. The name is taken from the famous Series of 1890 $100 Treasury or Coin Note with the two zeroes shaped like juicy watermelons--among the most desired issue in American paper money. The collection is particularly rich in seldom-seen high-denomination large-size notes including multiples of the $1,000 denomination. Many National Bank early and high-denomination notes are offered as well, including great $50 and $100 rarities.

By Harvey G. Stack, Senior Numismatic Consultant

During the Second World War, and for a short period thereafter, the U.S. Mint, which was busy making coins as well as special items for the War effort, did not have time to issue Proof sets as they did from 1936 through 1942.

Written by Q. David Bowers, Chairman Emeritus

As you read these words the Whitman Coins & Collectibles Expo is taking place in Baltimore. If you have bid in our official auction sale for the event, or plan to do so, thank you very much. The sale is truly remarkable in its depth and breadth in the American series.

By John Salyer, Cataloger & Numismatist, U.S. Coins

Highlights Include a Remarkable Mint State 1796 No Stars Quarter Eagle

The annual ANA World’s Fair of Money Convention, being held this year in Philadelphia, provides one of the most exciting weeks of the year for numismatists. The Stack’s Bowers Galleries Official 2012 Philadelphia ANA Auction is proving to be one of the most highly anticipated of such events in recent memory. One of this year's highlights will be the Werner Family Collection of 1796 Coinage. Of all the years of American coinage history, 1796 is one of the most important and the Werner Family Collection contains a selection of scarce and rare issues and is a truly memorable offering. One of the most important offerings from this venerable collection will be a 1796 No Stars Capped Bust Right Quarter Eagle, graded MS-61 by PCGS in an old green holder, and bearing a rare gold CAC sticker, which indicates that the coin exceeds CAC’s strict standards for the assigned grade!

By Christine Karstedt, Executive Vice President

This time of year, everyone is taking special care in making decisions on where and when to travel. It’s the traditional time of year for family vacations and visiting friends and relatives. Beaches, zoos, museums, and amusement parks beckon. That being said, Baltimore is still a hot spot in the month of June and remains the most popular coin city during the summer months. Bring the family to visit the museums and waterfront shops, have a memorable dinner of crabs and/or crab cakes, and enjoy the coin show and auction where action will be nonstop. We look forward to seeing all of you next week.

By Todd McKenna, Numismatist

This week’s highlight is from the upcoming Stack’s Bowers & Ponterio auction being held August 19-22 in Hong Kong. During the closing years of the Qing Dynasty attempts had been made at reforming China’s coinage to create a more standardized design to be used universally throughout the provinces, which up to this time had struck their own coins set to a standard scale. Several designs had been tried in the years preceding 1911, the familiar “Tai-Ching-Ti-Kuo” design and its variants having been the most widely struck. A final attempt to create a universal coinage was made by the Qing court and its financial department the Board of Revenue in 1911.

By Matt Quinn, Director of Currency

It is with great pleasure that Stack’s Bowers Galleries will offer to eager collectors a design which only surfaces in public auction roughly once in five years at maximum. The note is the Friedberg 185d 1878 $500 Legal Tender note, which features a large portrait vignette of Major General Joseph King Mansfield at right. The serial number A4206 note we will offer is simply radiant, showing the design in impressive detail and color throughout. It is one of only six known examples for the catalog number with two pieces forever uncollectible as they are permanent residents of institutional collections.

By Frank Van Valen, Numismatist and Cataloger, U.S. Coins

A rare Sacagawea golden mini-dollar “mule” that couples the reverse of a Sacagawea dollar coin with the George Washington obverse of a Statehood quarter will hit the auction block at our Official August 2012 ANA World’s Fair of Money Auction in Philadelphia. This rarity is from 2000, the first year of the Sacagawea mini-dollar, though no date is present on either side. Bowers and Merena had the honor of auctioning the very first of about a dozen examples currently known of this rare muling back in August 2000 at the ANA Millennium Sale, also in Philadelphia, where it brought an astonishing $29,900 when the ensuing bidding war was done. Not bad for an error coin!